What is meant by the reference in Table 5.3-1 to an FAS 116 adjustment?
How are contributions recorded? Is there a distinction between pledges receivable and accounts receivable?
Are there circumstances when financial statements can quantify volunteers' services?
Can financial statement users of not-for-profit hospitals' financial statements expect to be fully informed regarding affiliated parties, such as the linkages between St. Jude Children's Research Hospital, ALSAC, and the foundation cited? Explain.
Table 5.3-1 Financial Comparisons of the NOT-FOR -Profit Entities

The Guide star.org Web site (http.//www.guiderstar.org) provides access to forms 990 in PDF format.
*The GuideStar.org Web site (www.guidestar.org) provides access to Forms 990 in.PDF format.
Requirement B: Revenue Mix (Strategy-Related Considerations)
The 10-K filing of Universal Health Services, Inc. describes the mix of revenue sources, as depicted in Table 5.3-3.
How does this revenue mix compare with the revenue blend of the not-for-profit entity, St. Jude Children's Research Hospital (ALSAC)? Access the latest SEC filing and compare the reported revenue mix; has it changed?
What does that imply as to the strategies of investor-owned hospitals in managing risk and ensuring adequate capital relative to not-for-profit entities? An opportunity exists to explore the greater social and political questions that are frequently debated about the compatibility of profit-oriented entities and quality of health care, relative to not-for-profit entities. As background, identify what the latest SEC filings report concerning charity care.

Flscal Year Ended 1999 St. Jude Chlldren's Research Hospltal Form 990 Amerlcan Lebanese Syrlan Assoclated Charltles, Inc. (ALSAC) Form 990 Contributions, gifts, grants and similar amounts received: Direct public support $91,978,426 $231,793,748 Indirect public support 2,906,934 Government contributions (grants) 31,469,447 46,034,710 Program service revenue, including government fees and contracts (i.e., health insurance revenue) Accounts receivable 24,217,029 4,230,764 Pledges receivable Allowance for doubtful accounts Program service expenses Program service expenses: Research Program service expenses: Education 23,604,748 9,363,328 99,282,906 87225,830 5,471,186 and training Program service expenses: Medical 93,735,602 Reconciliation of revenue, gains, and other support to audited numbers: net unrealized gains on investments 65,891,269 Deferred grant revenue 1,857,628 (Statement 5) Support from American Lebanese Syrian 91,978,426 Associated Charities, Inc. 91,978,426 (paid per Statements 4, 6) 2,746,295 (Statement 1) 120,521,982 994,501,910 Statement /) Excluded contributions Excess or (deficit) for the year -10,933,191 Net assets or fund balances at end of year 199,707440 Temporarily restricted Permanently restricted Total liabilities 15,715,890 247,147,826 7,017,192 14,000,000 21,956,792 Schedule of deferred debits & credits by contract (FAS 116 adjustment noted to result in this deferred revenue) 157,628 Table 5.3-3. Patient Revenue Mix PERCENTAGE OF NET PATIENT REVENUES 2000 1999 1998 1997 1996 Third Party Payors Medicare. 32.3% 33.5% 34.3% 35.6% 35.6% 11.5% 12.6% 11.3% 14.5% 15.3% 34.596 31.596 | 27,296 | 19.1% | N/A 21.796 22.496 |27296 |30.896 |49.196 10096 10096 | 10096 | 10096 | 10096 Medicaid. Managed Care (HMOs and PPOs). Other Sources Total.