How does Goodwill Industries use the money it takes in?
817846
it uses it for education, training, and various other charitable causes. i believe it's every dollar spent, 48 cents goes back into the community in one way or another.
229148
Cursed.  \n\nThe best way to think about the "actual" cost of every trinket we buy is to calculate how much money we take home per hour (after all taxes).  \n\nLet's say I take home $10/hr.  That expensive sweater I want costs $100.  So I have to work ten hours for it!  More than one day's work for a sweater!  It had better be a sweater I'll wear for a long time to be worth that kind of money.\n\nIf I pay for it with a credit card, that sweater could cost me a lot more if I pay the minimum off every month and have a high interest rate.\n\nWhen we look at expenses in this way, the cost of any item seems much larger than it's mere monetary value.
680728
The real question is:  How can manufacturers recycle their waste?  Most food manufacturers are allowed to re-use up to 10% of their waste.  What they cannot re-use must go elsewhere, like to a dog food manufacturing plant.  \n\nSome fast-food restaurants, like KFC, donate excess made food to homeless shelters.  \n\nHallmark Cards recycles a bunch of their wastes by donating to non-profit organizations (churches, thrift stores, etc.) & they run a craft place called Kaleidoscope at Crown Center in KC, MO.  The kids come & make crafts there for FREE!  I've taken my girls there several times.
22754
Some charities will take them off your hands so they can refurbish them and give to needy people.  I have also donated components to the Salvation Army.
736053
when the child starts bringin in money
180027
Live on the adage of "soemthing borrowed" cuz then its free\n\nOtherwise go to goodwill!
788214
Use the envelope system.  Make a realistic budget for each category and when you get paid put that much money into each envelope.  When the money in the envelope is gone you don't buy anything else in that category.
381379
In the U.S., goodwill is no longer amortized under GAAP. It is subject to an annual impairment test. Goodwill amortization may be deductible for taxes depending on how it was created.
455267
OMG ... this is simple math here people:\n\n$500 * 0.83 = $415.00 to the Charity\n$500 * 0.17 = $ 85.00 to the Operating Expenses\n\nNow we'll address the Operating Expense Breakdown --\n\nThe 17% is 5% Admin, 5% Operating and 7% equipment 5+5+7=17\n\n$500 * 0.05 = $25.00 Administrative\n$500 * 0.05 = $25.00 Operating\n$500 * 0.07 = $35.00 Equip and Svcs\n\nJoe --\n$100 * 0.83 Charity = $83.00\n$100 * 0.05 Admini = $5.00\n$100 * 0.05 Opns = $5.00\n$100 * 0.07 Equp = $7.00\nJoy --\n$600 * 0.83 Charity = $498.00\n$600 * 0.05 Admini = $30.00\n$600 * 0.05 Opns = $30.00\n$600 * 0.07 Equp = $42.00\nREPORT FOOTER --\nTotal Charity Donations ($83.00 + 498.00) = $581.00\n\nHope this helps !
806196
you take things to be sold. they take a percent of what they get out of it & you get the balance.
601473
your business is how you make money, your charity is how you give money
260229
They keep that money. You can claim local taxes as a deduction on federal taxes though.
1022525
Very interesting!  Start taking the dimes.  Then give them to a charity.  Maybe one day you'll have the same thing happen with 10 dollar bills.
353591
Businesses often need small amounts of cash known as petty cash for expenditures where it is not practical to make the disbursement by check.\n\nThe most common way of accounting for these expenditures is to use the imprest system. The initial fund would be created by issuing a check for the desired amount. Usually $100 would be sufficient for most small business needs. The entry for this initial fund would be to debit Petty Cash and credit cash.\n\nAs expenditures are made the custodian of the fund will reimburse employees and secure a petty cash voucher in return. At any given time the total of cash on hand plus reimbursed vouchers must equal the original fund.\n\nWhen the fund gets low the custodian submits the vouchers for reimbursement. Assuming the vouchers add up to $80 and that the majority of expenditures were for office supplies, an $80 check is issued and an $80 debit towards office expenses is marked. Once the check is cashed, the custodian has cash at the original amount.\n\nOversight of petty cash is important because of the potential for abuse. Examples of petty cash controls include a limit (such as 10% of the total fund) on disbursements and monthly audits by someone other than the custodian. Use of petty cash is sufficiently widespread that vouchers for use in reimbursement are available at any office supply store.\n\nRetrieved from "http://en.wikipedia.org/wiki/Petty_cash"
39333
probably non-profit. if so there is no such thing as "investing" --- it's called a donation
714874
To get a tax break for Goodwill donations, you have to itemize.  The fair market value of the donation becomes and itemized deduction, unless you donate a car, boat or airplane valued at over $500, in which case you can generally only deduct what they sell it for.\n\nAs far as child care expenses, that's a credit, meaning it comes right off of your taxes. The amount you get depends on a number of factors.  Download form 2441 from irs.gov to get a better idea of how it works.
643061
Goodwill is no longer depreciated or more appropriately, amortized.  Non-current assets can be depreciated in any manner that accurately models the recovery of the cash flows.  The most common methods are straight line, X% declining balance, and units of production.  If your question is "how," then you need to look up the methods.  If you meant "why," it is to model recovery of the cash flows.  It isn't to model decay.  If the object breaks or becomes obsolete, then you write it down.  Certain non-current assets, such as raw land, are not depreciated.  Likewise, certain assets, such as minerals are depleted rather than depreciated, although it amounts to the same thing in practice.\n\nGoodwill is now the fly in the ointment.  It is tested annually for value and can be writtend own as necessary.