Tuesday, March 4, 2014

Assignment 14



1.     I went to the WV Attorney General’s website and found that the Secretary of State’s office hold documents and forms of businesses in West Virginia.  I found numerous documents as well as an IRS 990 for the Ronald McDonald House in Huntington, WV. I looked at an Independent Audit form from November 11, 2013. This form showed that the organizations current assets have decreased from 2011 to 2012. The total assets have also decreased. In 2011 total assets were at $3,954,829. In 2012 it decreased to $3,830,357.
This report shows that the funding and total assets for this corporation have decreased. In 2011, the total of fair values and assets was $602,34. In 2012, it decreased to $597,366. As the numbers show, one reason the total is lower is because of less money received from pledges.
A possible story about this organization would be investigating as to why there is less money coming into the company. Also, what is the organization doing to differently now that there is less money coming in? Do they have to turn people away? Do they have to put a limit as to how long a family/person can stay at the house? Do they have to limit the amount of workers at this organization? Have they had to cut any of the accommodations? What plans do they have to increase the amount of money coming into the organization? Also, why are there less pledges?

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