Assignment: Nonprofit Organizations

Question 1 Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniorshome nursing, Meals On Wheels, and housekeeping. In the home nursing program, nurses visit seniors on a regular basis to check on their general health and to perform tests ordered by their physicians. The Meals On Wheels program delivers a hot meal once a day to each senior enrolled in the program. The housekeeping service provides weekly housecleaning and maintenance services. Data on revenue and expenses for the past year follow:
Document Preview:

Assignment: Nonprofit Organizations
Question 1 Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors—home nursing, Meals On Wheels, and housekeeping. In the home nursing program, nurses visit seniors on a regular basis to check on their general health and to perform tests ordered by their physicians. The Meals On Wheels program delivers a hot meal once a day to each senior enrolled in the program. The housekeeping service provides weekly housecleaning and maintenance services. Data on revenue and expenses for the past year follow: Total Home Nursing Meals On Wheels House keeping Revenues $ 924,000 $ 268,000 $ 402,000 $ 254,000 Variable expenses 468,000 116,000 196,000 156,000 Contribution margin 456,000 152,000 206,000 98,000 Fixed expenses: Depreciation 69,900 8,400 40,900 20,600 Liability insurance 42,800 20,400 7,100 15,300 Program administrators’ salaries 115,500 40,000 38,600 36,900 General administrative overhead* 184,800 53,600 80,400 50,800 Total fixed expenses 413,000 122,400 167,000 123,600 Net operating income (loss) $ 43,000 $ 29,600 $ 39,000 $ (25,600) *Allocated on the basis of program revenues. The head administrator of Jackson County Senior Services, Judith Miyama, is concerned about the organization’s finances and considers the net operating income of $43,000 last year to be too small. (Last year’s results were very similar to the results for previous years and are representative of what would be expected in the future.) She feels that the organization should be building its financial reserves at a more rapid rate in order to prepare for the next inevitable recession. After…

Do you need help with nursing assignments?