PETA
PETA (People for the Ethical Treatment of Animals) is one of the most well known animal rights organization in the world. Their mission is address the four areas where animals undergo the most horrific treatment. PETA gets its funding from contributions, merchandise sales, and other income. Their operating expenses are made up mainly of education outreach and program services. Many people believe a nonprofit makes no revenue, hence the name nonprofit. Even though PETA contributes a lot of its revenue to its program services and rescue for the animals, a tremendous amount of its contributions are put towards fundraising. It is important for the public to understand where their contributions are being put towards before donating to a certain organization.
ACTG 470 Accounting for Non-Profit Organizations
Stacey Lewis
P103
1 – 3 PM