P_R_TR 1010 Study Guide - Midterm Guide: Disposable And Discretionary Income, Financial Statement, Sales Tax

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Prt exam 3: volunteering, nonprofit vs. not-for-profit (2 questions) Volunteering: has had its greatest growth in the last 6 years, largest is the red cross (93% volunteer, senior corps (skill based volunteering, peace corps (200,000 volunteers, un (online volunteering) What makes a volunteer: everyone is a potential volunteer, budgets require volunteers, they need continuous evaluation. Nonprofit status (bad: supports private or public interest beyond recreation, does not generate surplus: rather revenue, tax exempt, funded by donations, paid employees. Nonprofit myths (false: cannot earn a profit, should have a low overhead, do(cid:374)"t ha(cid:448)e paid staff, cannot lobby, get most of funding from foundations, large and have many resources, financial statements are private. Not-for-profit (good: all volunteer labor, funded by donations, zero balance at end of year, tax exempt. Federal and state delivery of parks and rec (30 questions) Usfs (u. s forest service) 1905: controlling agency, dept. of agriculture, classification, multiple use, recreation, 859 million visitors, no mechanized travel in wilderness areas.

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