Income statement quiz

Assuming the fiscal year starts on January 1, what is the period of time being compared in the income statement?

During this time period, how is the organization doing relative to the budget?

Where is the largest budget variance? 

Could this income statement be shared with funders? Would this statement provide the right level of information for a funder’s needs?

How diversified are the nonprofit’s funding streams? Is the budget overly dependent on a single revenue stream?