Form 990 of the Eugene Mission
The Form 990 for the Eugene Mission provides a summary of their mission and shares the overall of their program service accomplishments. The overview of the Statement of Revenue, Statement of Functional Expenses, Balance Sheet, & Reconciliation of Net Assets allows users of the information to make decisions regarding the funding and overall health of the organization. It identifies their tax status. It shares the following: How much income did they receive and from what source? What is the breakdown of total expenses between program, management, and fundraising? What kind of program are they running and how much is spent on that? Who are the board members and how much is the top staff paid? As a result of the information given, you will know two things. One, if you are thinking of contributing to this non-profit, you will know what they do, how strong they are financially, and how much of the money they receive goes towards their mission. Two, you will see from a board members perspective if this information would be embarrassing or not upon inspection by the public.
ACTG 470 Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – noon