Analyzing The Salvation Army’s Form 990
The Salvation Army is the second largest charity in the U.S. by means of private support. With such a large amount of funding, it is pivotal the organization manages their money in accordance with the law, and their nonprofit visions. Their mission statement is as follows, “The Salvation Army, an international movement, is an evangelical part of the universal Christian Church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.” By analyzing the organizations IRS form 990, details of the organizations activities are disclosed specifically the revenues, expenses, assets, and liabilities.
ACTG 470 Accounting for Non-Profit Organizations
Stacey Lewis
P103
1 – 3 PM