Nichole Craig's Graduation Project: thursday 10/23/08

Thursday, October 23, 2008

thursday 10/23/08

So I'm pretty sure I figured out which question was the essential one. Here it is : -What do you suppose will happen if we just let go of the fact of all those stray/homeless pets? And the rest of my questions are as follows:
How could I raise enough money to help most homeless pets in the community?
Which ways have homeless pets been cared for?
Which is the best way to gather homeless pets without them fighting?
Should the city provide money to help this cause?
Why are there so many homeless pets in Pittsburgh?
What is the best plan for helping these homeless pets?What is the best solution for lowering the number of homeless pets?

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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.