A voluntary health and welfare organization obtains contributions to perform various social ser-vices. The following information is

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A voluntary health and welfare organization obtains contributions to perform various social ser-vices. The following information is extracted from its statement of activities. Compute the organiza-tion’s program services ratio.

Expenses: Youth services program.......... $ 89,000

Senior citizens health services program........ 312,000

Adult counseling services program.......... 248,000

Management and general ..............156,000

Fund- raising ...................98,000

Total expenses ..................$ 903,000

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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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Question Posted: Dec 30, 2014 04:58 AM

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A voluntary health and welfare organization obtains contributions to perform various social ser-vices. The following information is

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Introduction to Governmental and Not for Profit Accounting

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