Nichole Craig's Graduation Project: monday 9/8/08

Monday, September 8, 2008

monday 9/8/08

Today is Monday, its supposed to be day two of this whole grad project. Honestly, im definately scared out of my mind. I have no idea on what to even start thinking about. I wasn't here on Friday, but i was told all we did was to basically think about the topics we are interested in. I still have no idea on what to think...or even do for that matter, but I think I'm going to try to come up with something.

-I was just thinking about last year and two girls came into our class doing a "march for darfur" or something. Like they went around trying to sign people up for the march. So, I'm wondering, since I like animals, I should do something with animals, like a charity thing..like they have on t.v.

...And sadly that's all i came up with..I hope I find some other topics. I think I'd be ok with that topics, but, right now I have no idea wher I would start. Maybe I'll find something...maybe not...I have no clue.

This all just seems like a bad nightmare...that won't go away. Wow, this graduation project just seems so close to comming up...I'm not even sure I'll be ready for the challenges I'll be facing.

No comments:

Subscribe to: Post Comments (Atom)

key terms

• Assets: A charity's assets include cash, savings, investments, property, and other items of ownership with an exchange value.
• Charity – A charity exists to serve a societal group mission, and does not pursue self-interest or pay out profit to individuals. It is recognized by the IRS as tax-exempt and eligible to receive tax-deductible contributions.
• Compensation: Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances.
• Expenses – A charity’s expenses include spending on such things as salaries, supplies, equipment, travel, and conferences. Also including the value of donated goods that a charity distributes.
• Income statements – Shows the breakdown of a charity’s revenue and expenses, its payments to affiliates, excess or deflect, and total net assets reported in the most recent fiscal year.
• Liabilities – debt for which the charity is legally responsible for.
• Net Assets: The difference between a charity's assets and its liabilities.
• Non-profit – this exists to serve societal or group mission, and does not pursue self-interest or pay out profit to individuals.
• Revenue: Charities can derive revenue or funding from a variety of sources, including contributions, program services, membership dues, interest on savings, investment income, special events, and sales of inventory.
• Working Capital Ratio: Determines how long a charity could sustain its level of spending using its net liquid assets, or working capital, as reported on its most recently filed Form 990.