Access the website for Houston Society for the Prevention of Cruelty to Animals and locate the...

 

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Access the website for Houston Society for the Prevention of Cruelty to Animals and locate the 2020 audited financials and the 2019 Form 990. a. 10 pts: Review the 990 filing, identify the following items, provide the request number and give the name of the schedule or form from which you found or derived the information. 1. Mission: 2. Total Revenue: i. Prior Year ii. Current Year 3. Total Expense: i. Prior Year ii. Current Year 4. Net assets: i. Beginning Net assets Ending Net assets ii. 5. % of expenses spent on: i. program expenses, ii. g&a expenses, and iii. fundraising expenses b. 5 pts: From the 2020 audited financials, identify total beginning net assets for 2019 (December 31, 2018). Reconcile this balance with the answer you gave for 4i above. c. 5 pts: Assume you are a potential donor. Reviewing the information that you've gathered, what questions do you have for management? Do you have any concerns about supporting the organization with your company's funds? What about your personal funds? Do your questions change if you are a potential business partner of the organization, rather than just a donor? Come up with three questions you would ask to help clarify your understanding of the organization's financial health. (3 points, 1 point per question) 1. Question 1: 2. Question 2: 3. Question 3: Access the website for Houston Society for the Prevention of Cruelty to Animals and locate the 2020 audited financials and the 2019 Form 990. a. 10 pts: Review the 990 filing, identify the following items, provide the request number and give the name of the schedule or form from which you found or derived the information. 1. Mission: 2. Total Revenue: i. Prior Year ii. Current Year 3. Total Expense: i. Prior Year ii. Current Year 4. Net assets: i. Beginning Net assets Ending Net assets ii. 5. % of expenses spent on: i. program expenses, ii. g&a expenses, and iii. fundraising expenses b. 5 pts: From the 2020 audited financials, identify total beginning net assets for 2019 (December 31, 2018). Reconcile this balance with the answer you gave for 4i above. c. 5 pts: Assume you are a potential donor. Reviewing the information that you've gathered, what questions do you have for management? Do you have any concerns about supporting the organization with your company's funds? What about your personal funds? Do your questions change if you are a potential business partner of the organization, rather than just a donor? Come up with three questions you would ask to help clarify your understanding of the organization's financial health. (3 points, 1 point per question) 1. Question 1: 2. Question 2: 3. Question 3:

Answer rating: 100% (QA)

a 1 The mission of the Houston Society for the Prevention of Cruelty to Animals is to promote and pr... View the full answer