A nonprofit organization received a grant of $50,000 to fund a program aimed at helping homeless individuals
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Question:
A nonprofit organization received a grant of $50,000 to fund a program aimed at helping homeless individuals find stable housing. The program will run for 12 months and is expected to serve 100 individuals. The organization estimates that the program will incur the following costs:
- Staff salaries: $30,000
- Rent for program space: $10,000
- Supplies and materials: $5,000
- Other program expenses: $2,500
At the end of the program, the organization will be required to submit a report detailing the number of individuals served, the costs incurred, and the outcomes achieved. If the program served 90 individuals and achieved its goals, what is the total cost per person served, and what is the percentage of the grant spent?
Related Book For
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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