Understanding not-for-profit financial statements. Go to the Web site of a not-for-profit organization. Are audited financial statements provided on the Web site? Is other financial information made...

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Understanding not-for-profit financial statements. Go to the Web site of a not-for-profit organization. Are audited financial statements provided on the Web site? Is other financial information made available? Assuming you are a potential donor, evaluate its performance compared with similar organizations. What benchmarks (or industry averages) for this type of not-for-profit did you use in your evaluation? Were they financial or nonfinancial indicators of performance? [Hint: Goodwill Industries International, Inc., is a not-for-profit organization (http://www.goodwill.org). The BBB Wise Giving Alliance (http://www.give.org) and GuideStar (http://www.guidestar.org) has comparison data on not-for-profit organizations.]

Answered 47 days AfterNov 19, 2021

Answer To: Understanding not-for-profit financial statements. Go to the Web site of a not-for-profit...

Sumit answered on Jan 05 2022
130 Votes
The not-for-profit organization that I have chosen for this assignment is United Way Worldwide. The organization was founded in the year 1887 and is the largest charity by donations received in the United States of America.
Yes, audited financial statements of the organization are available on the website along with all the consolidated financial statements of the organizations. On...
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