Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
BIAKS does not meet this Standard because:
- According to the its audited financial statements for the fiscal year ended December 31, 2010, the organization spent $279,670 or 61% of its total expenses ($456,057) 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.
BIAKS 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 42% ($127,408) of related contributions, which totaled $306,153.