IS THIS A PUBLIC CHARITY A DIFFERENT KIND OF CHARITY, INC.... their numbers OVER THE...

50.1K

Verified Solution

Question

Accounting

IS THIS A PUBLIC CHARITY A DIFFERENT KIND OF CHARITY, INC.... their numbers OVER THE LAST 5 YEARS:

Total revenue: $1,000,000

Participation fees (program revenue): $400,000

Ticket sales (program revenue): $80,000

Individual support under 2%: $60,000

Individual support over 2%: $100,000

Investment Income = $360,000

VERY GOOD CHARITY IS NOW JUST 6 YEARS OLD AND HAS MADE A CONCERTED EFFORT TO FUNDRAISE.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students