Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
Pink Ribbons Project does not meet this Standard because:
- According to the its audited financial statements for the fiscal year ended December 31, 2010, the organization spent $681,130 or 50% of its total expenses ($1,357,281) on program service activities.
Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
Pink Ribbons Project does not meet this Standard because:
- According to its audited financial statements for the fiscal year ended December 31, 2010, the organization's fund raising costs were 37% ($511,459) of related contributions, which totaled $1,387,298.
Standard 12: Detailed Functional Breakdown of Expenses - Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fund raising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.
Pink Ribbons Project does not meet this Standard because, in the organization's financial statements, the detailed functional breakdown of expenses:
- Was not included. A detailed functional breakdown shows expenses by natural classification (e.g., salaries, travel, postage, etc.) and indicates what portion of these expenses was allocated to program, fund raising, and administrative activities).