Performance measures information from the 2012 form 990 and


Performance Measures. Information from the 2012 Form 990 and the 2013 annual report for Feeding America, follows. Although the Form 990 indicates it is for 2012, it is actually for the period July 1, 2012, to June 30, 2013, the same time period as the 2013 annual report. Use the following information to complete the exercise. Required a. Compute the following performance measures using the Form 990 data presented in this exercise and comment on what information they convey to a potential donor without comparing them to prior years or other comparable agencies. 1. Current ratio—liquidity. 2. Revenues/expenses—going concern. 3. Program expenses/total expenses—program effectiveness. 4. Public support/fund-raising expenses—fund-raising efficiency. b. Using the annual financial statements provided in this exercise, calculate the same ratios listed in requirement a. Comment on any differences.

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Financial Management: Performance measures information from the 2012 form 990 and
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