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TABLE 9.4Financial Statement for a Small Nonprofit OrganizationfigureThe profit margin ratio is problematic because the nonprofit had a slight deficit this year. Questions that need to be answered include: Is this loss a one-time event or has this nonprofit been in this situation before? Is this nonprofit building intergenerational equity over time? What is the trend over five or ten years?Looking at the degree of diversity in revenues, the analyst can see that this nonprofit organization depends heavily on government contracts; in contrast, contributions are quite a small proportion of the revenues. Certainly, the nonprofit would benefit from a greater emphasis on contributions.It is possible to conclude that, although the nonprofit does not have immediate concerns about liquidity and solvency, this nonprofit organization needs to stabilize its profit margin and improve its sustainability of resources through revenue diversification. More could be learned through an in-depth examination of the sources and uses of revenue.TABLE 9.5Statement of Financial Position (Balance Sheet) for a Small Nonprofit Organization Current assets Cash $271,671Temporary cash investments 619,941Accounts receivable 45,918Pledges receivable 183,962Prepaid expenses 168,270 Total current assets $1,289,762 Long-term assets Investments $2,033,200Land, buildings 1,612,164Other assets 30,751 Total long-term assets $3,676,115 Total assets $4,965,877Current liabilities Accounts payable $200,000Accrued expenses 48,695Total current liabilities $248,695Long-term liabilities Mortgage $381,458 Total liabilities $630,153 Net assets Unrestricted $2,509,727Temporarily restricted 825,997Permanently restricted 1,000,000 Total net assets $4,335,724 Total liabilities and net assets $4,965,877 TABLE 9.6Statement of Activities (Income Statement) for a Small Nonprofit Organization Revenue Contributions $565,032 Grants 1,182,215 Government contracts 1,459,639 Fees and membership dues 529,243 Interest and gains 86,637 Total revenue $3,822,766 Expenses Salaries $2,187,465 Benefits 475,454 Total PS $2,662,919Chen, G., G., Forsythe, W., D., Weikart, A., L., Williams, W., D. (06/2008). Budget Tools: Financial Methods in the Public Sector, 1st Edition. [Strayer University Bookshelf]. Retrieved from https://strayer.vitalsource.com/#/books/9781483304571/