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Consider the revenue results from telephone solicitations by Meals
Consider the revenue results from telephone solicitations by
Meals for the Homeless in 2011 (see Exhibit 10-2). What do you make of this?
What are some possible explanations? What questions do you have?
 
Exhibit 10-2
Meals for the Homeless Activity Statement For the Years Ending December 31, 2011, and December 31, 2010.
2011                            2010
Revenues and Support
Meals
Client revenue                                         $ 10,000                       $ 8,000
City revenue                                              20,000                         16,000
Shelter Counseling
Client revenue                                            1,000                           1,000
County revenue                                          10,000                         10,000
Fund Raising
Foundation grants                                       70,000                         50,000
Annual ball                                                 12,000                         11,000
Telephone solicitation                                  25,000                         28,000
Mail solicitation                                           48,000                         45,000
Total Revenues and Support                  $196,000                     $169,000
 Expenses
Food                                                       $ 17,000                        $ 16,000
Kitchen staff                                               35,000                         33,000
Counseling staff                                          35,000                         34,000
Rent on kitchen locations                             15,000                         14,000
Administration and general                          75,000                         65,000
Bad debts                                                    4,000                           4,000
Depreciation                                               10,000                         10,000
Total Expenses                                        $191,000                     $176,000
Increase (Decrease) In Net Assets        $ 5,000                        $ (7,000)
 
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