Question.2554 - 1. What is the organization’s name? The organization that Group 1 chose to analyze was Feeding America.2. What is their purpose/mission? Feeding America is the nation’s largest domestic hunger-relief program. They provide resources to 200 food banks across the country. They feed roughly 40 million people including 12 million children and 7 million seniors.3. What is their fiscal year? Feeding America’s fiscal year is July 1 - Jun 30.a. What is the year of this filing? The most recent filing that is up for the public is 2020.4. For the last two years what is their revenue? Their total public support and revenue for 2020 was $3,644,826,000. In 2019, their total public support and revenue was $2,804,595,000.a. What are their sources of revenue? The sources of their revenue range from government assistance to public donations. In 2020, 1.7 billion meals were from government programs, 1.5 billion meals were donated by grocery and retail stores, 698 million meals were purchased from manufacturers and distributors to fill donation gaps, 626 million meals consisted of donations by manufacturing companies, 600 million meals were from farmers and growers providing fresh produce, and 232 million meals were provided by SNAP. This resulted in more than 5 billion meals for neighborhoods in need. 5. What are their expenses for the last two years? The expenses for 2020 is 3,385,048,000 and for 2019 is 2,871,893,000 a. What are the major categories of expenses and how much have they spent in those categories? Feeding America's first major expense is Food Procurement in 2020 the expense was 3,221,342,000, second expense is Member Services 94,759,00. b. Break down the categories by amount and percentagesc. What does this break down of expenses say about the organization? Are they spending their money wisely, in your opinion? Why, why not? Does it make you think they are a worthwhile charity?6. Who are some of the principal employees of the organization, how many hours a week do they work, what is their remuneration?a. Do you feel their remuneration is adequate or are they over-compensated? Why or why not?b. Does something seem unusual?7. Does this organization have a website? What is their url? Yes Feeding America has a website, and their URL is https://www.feedingamerica.org8. Based on what you see on their website, and what you might read about them in the news do they live up to the mission they state in the Form 990? Please discuss.9. Is this a charity you would feel comfortable donating to? Why or why not?10. Is there anything else about the 990 that you find disturbing or enlightening? Please explain.
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The xxx of xxxxxxx America xx Claire xxxxxxxxxxxxxxxxxx Maryann xxxxxx is xxx Chief xxxxxxxxxxx officer xx the xxxxxxxxxxxx Katie xxxxxxxxxx is xxx president xxx chief xxxxxxxxx officer xx Feeding xxxxxxx and xxx senior xxxx president xx Nancy xxxxx The xxxxxxx salary xx the xxxxxxx manager xx the xxxxxxxxxxxx is xxxxxxx per xxxx and xxx director xxxx dollars xxx year xxx employees xx the xxxxxxxxxxxx work xxxxx a xxx The xxxxxxx work xxxx for xxx part-time xxxxxxxxx is xxxxx in x week xxx interns xx the xxxxxxx get xxxxxxx per xxxx Bowers xx al xxx employees xx Feeding xxxxxxx get xxxxxxx benefits xxxx as xxxx holidays xxxxxxxxx packages xxxx life xxx medical xxxxxxxxxx The xxxxxxxxx got xx accidental xxxxx benefit xxx company xxxx offers xxxx insurance xxxxxxxxxx for xxx dependents xxxxxxxxx However xxx medical xxxxxxx is xxxx for xxxxx employees xxx work x minimum xx hours x week xxxxxxx America xxx trained xxxxxxxxxxxxx for xxx employee xxxxxxxxxx program xxx which xx for xxxxxx health xxxx as xx provides xxxxxxxxxx program xxx the xxxxxxxxx Employees xxx get xxxx time xxx As xxx the xxxxxxxxx they xxxx a xxxxxxxxxx and xxxxxxxx working xxxxxxxxx at xxxxx workplace xx feeding xxxxxxx the xxxxxxxxx can xxxxxxxx software xx computer xx using xxxxxxx deduction xxxxxxx only xxxxxxxxx employees xxx get xxxx benefit xxx company xxx long-time xx short-term xxxxxxxxxx coverage xxx the xxxxxxxxx Feeding xxxxxxx offers xxxxxxxxx to xxxxxxxxx for xxxxxx care xxx dependent xxxx and xx is xxxxxxxx It xxxxx the xxxxxxxxxxx of xxxxxx money xxx company xxx a xxxxxxxx program xxx the xxxxxxxxx if xx employee xxx bring xxx and xxxxx talent xx the xxxxxxx he xx she xxx get x bonus xxxxxxxxxx the xxxxxxx helps xxxxxxxxx with xxxxx education xx the xxxxxxxxx want xx have x work-related xxxxxxxxxxxxx study xxx company xxxxx them x From xxx above xxxxxxx packages xx can xx said xxxx the xxxxxxxxx get xxxxxx remuneration xxxx the xxxxxxx B xxxx the xxxxxxx packages xx can xx said xxxx the xxxxxxxxx get xxxxxx benefit xxxx the xxxxxxx Some xxxxxxxx are xxxxxx only xxx full-time xxxxxxxxx but xx does xxx seem xxxxxxx Feeding xxxxxxx is x nonprofit xxxxxxxxxxxx which xxxxxxxx food xxx those xxx are xx need xxx company xxx food xxxxx The xxxxxxxxx of xxx company xx to xxxxxxx food xxxxxxxx for xxxxxx There xxx millions xx children xxx are xxxxxxxx of xxxx and xxxxxx education xx is xxxxxxxxx to xxxxxxx proper xxxxxxxxx to xxxxxx So xx can xx said xxxx donating xx a xxxxxxx for x good xxxxx like xxxxxxxxx food xxxxxxxx education xx a xxxx deed xxxxx donating xx a xxxxxxx is xxxxxxxxxxx for xx but xxx important xxxxxx is xxxxxxxx to xxx right xxxxx so xxxx the xxxx people xx need xxx get xxx benefit xxxx is xx internal xxxxxxx service xxxx in xxx United xxxxxx it xxxxxxxx information xxxxx the xxxxxxxxxxxxxxxxxxxxxx The xxxx thing xxxxx is xx is xxxx used xx prevent xxxxxx of xxx exemption xxxxxx Ely xx al xxxx is xxxxxxxxxx for xxxxxxxxx organizations xx the xxxxxx States xxx positive xxxx is xxx authority xxx get xxx financial xxxxxxxxxxx and xxxxxxxxxx of x non-profit xxxxxxxxxxxx from xxx form xxx organization xxxx feel xxx form xxxxxx provided xx fails xxxx have xx show x reasonable xxxxx Without xxxxxxx a xxxxx organization xxx face x penalty xxx penalty xxxxx be xxxxxxx for xxxx day xxxx the xxxxxx date xxxxxxxxxxxxxxxx K x Francis x amp xxx Kraschnewski x L xxx dual xxxxxx of xxxxxxxxxxxx in xxx United xxxxxx and xxx role xx non-profit xxxxxxxxxxxxx Preventive xxxxxxxx reports x https xxx org x pmedr xxx T x Calabrese x D xxx amp xxxx J xxxxxxxx Implications xx Electronic xxxxxx of xxxxxxxxx Information xxxxxxx from xxx United xxxxxx Internal xxxxxxx Service xxxx Series xxxxxxxx International xxxxxxx of xxxxxxxxx and xxxxxxxxx Organizations x https xxx org x - x - xxxxxxxxx F xxx evolution xx food xxxxxxxx with xxxxxxx to xxxxx prevention xxxxx Management x https xxx org x wasmanMore Articles From Accounting
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