Lesson 3: Making Good Money Choices (9-12)
Handout 5

Answer Key

Animal Rights Organization
Mission Our mission is to provide a natural sanctuary for rescued wild animals. We also educate the public regarding animal rights.
Programs We operate a wildlife sanctuary that serves as a permanent home for rescued animals. The sanctuary is open to the public. We also provide educational programs for groups that visit the sanctuary.

Revenue:

Source

Description

Amount

Individual donors 

Membership and adoption programs—30 percent $52,500

$52,500 

Major donors

Corporate sponsorships—11 percent

$19,250 

Grants

Foundations—16 percent 

$28,000 

Government funding 

None 

$0

Earned income

Admission and educational program fees (21 percent)—$36,750; gift shop sales (22 percent)—$38,500

$75,250

In-kind support

None 

$0 

Total revenues 

 

$175,000 

Expenses:

Category

Item

Amount

Salaries Wages and salaries—Executive director ($36,000); marketing coordinator ($15,000); animal care providers ($31,250) $82,250
  Fringe benefits—Executive director $1,750
Administrative costs Rent & utilities—Utilities $500 per month, includes Internet and telephone $6,000
  Internet & telephone—Included in utilities cost above $0
  Equipment & supplies—$200 per month $2,400
  Postage & copying—$50 per month $600
  Travel $0
Program costs Maintenance—$6,000; upgrading habitat—$12,000; animal care—20 animals @ $3,200 each = $64,000 $82,000
Total expenses   $175,000

 

Anti-Crime Organization

Mission  Our mission is to reduce youth violence in our community.
Programs We provide counseling and rehabilitation programs for youth offenders. All participants are assigned a case worker. Case workers meet with participants each week to provide counseling. Participants also attend crime prevention programs at our youth center.


Revenue:

Source

Description

Amount

Individual donors 5 percent of total revenue $39,000
Major donors None $0
Grants Foundation grants—45 percent $351,000
Government funding Federal, state, local government funding—30 percent $234,000
Earned income Admission to special events—8 percent $62,400
In-kind support 12 percent of total revenue $93,600
Total revenues   $780,000


Expenses:

Category

Item

Amount

Salaries Wages and salaries—Agency manager ($60,000); program managers ($70,000) $130,000 $130,000
  Fringe benefits $26,000
Administrative costs Rent & utilities $16,000
  Internet & telephone $1,780
  Equipment & supplies $2,600
  Postage & copying $3,900
  Travel $5,200
Program costs Case worker salaries—$325,000; fringe benefits—$70,000; facility rental and utilities—$150,000; insurance—$12,000; printing—$9,000; legal fees and direct assistance to clients—$28,520 $594,520
Total expenses   $780,000

Human Rights Organization
Mission Our mission is to protect human rights in countries throughout the world. We focus on promoting justice and legal reform.
Programs Our organization runs three main programs. First, we develop publicity to raise awareness about human rights violations. Second, we organize campaigns to help free individuals who have been unfairly imprisoned. Third, we conduct research and publish research papers on human rights.

Revenue:

Source

Description

Amount

Individual donors 13 percent of total revenue $156,000
Major donors 35 percent of total revenue $420,000
Grants 27 percent of total revenue $324,000
Government funding 10 percent of total revenue $120,000
Earned income 6 percent of total revenue $72,000
In-kind support 9 percent of total revenue $108,000
Total revenues   $1,200,000

Expenses:

Category

Item

Amount

Salaries Wages and salaries $65,340
  Fringe benefits—22 percent of salaries $65,340
Administrative costs Rent & utilities—Asia office rent ($36,000); Asia office utilities ($6,570); Washington office rent ($24,430); Washington office utilities ($3,000)  $70,000
  Internet & telephone $6,500 
  Equipment & supplies  $13,000
  Postage & copying $8,160 
  Travel  $20,000
Program costs Publicity program¬ (20 percent)—$240,000; freedom campaigns (30 percent)—$360,000; research program (10 percent)—$120,000
 
$720,000
Total expenses   $1,200,000

Environmental Protection Organization
Mission Our mission is to educate youth about environmental issues. We focus on increasing youth efforts to protect the environment.
Programs We operate educational programs in schools on the subject of how to protect the environment. These programs teach students how to preserve natural resources.


Revenue:

Source

Description

Amount

Individual donors 75 percent of total revenue $375,000
Major donors None $0
Grants 20 percent of total revenue $100,000
Government funding None $0
Earned income None $0
In-kind support 5 percent of total revenue (includes $12,000 per year in rent and utilities from parent organization) $25,000
Total revenues   $500,000

Expenses:

Category

Item

Amount

Salaries Wages and salaries—Executive director ($40,000); administrative assistant ($25,000) $65,000
  Fringe benefits—20 percent of salaries $13,000
Administrative costs Rent & utilities—$1,000 per month $12,000
  Internet & telephone—1 percent of total budget per year $5,000
  Equipment & supplies—1 percent of total budget per year (also covers postage, copying, and travel below) $5,000
  Postage & copying—Included in equipment budget above $0
  Travel—Included in equipment budget above $0
Program costs 20 school programs @ $20,000 each $400,000
Total Revenues   $500,000