Week 4

During our fourth week of philanthropy, we divided the groups up a little more to make them more even. Because of that, we lost a few members so now we only have four people. During this class, we learned about reading the 990’s for non-profit organizations. We started by, as a class, discussing a Junior Achievement 990 in our workbook. We looked at where to find certain information about the organization and what the numbers mean. Then we broke into our groups with whom we further analyzed the 990. With our groups, we used the numbers to find ratios for how the organization’s money was spent. We used the book as a guide to tell us whether or not a high ratio was good and for which parts of the 990 to use in order to find the ratios. This transfers over into looking at the 990’s for the specific organizations we’re considering and seeing how these organizations spend their money.

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