FSO was established in 1968 and is a well-known organization in the environmental community.
“ As the only advocacy organization for sea otters in the world, FSO has become a voice to be reckoned with in the fight to protect marine communities. Its focus and mission statement includes not just protection of the southern sea otter, but sea otters throughout their north Pacific range, and all sea otter habitat…”
Throughout its 50 years in existence, FSO has had many different focuses all pertaining to sea otters, and their survival and longevity.
“… In 2006, FSO was forced to refocus as the burden of a full staff, office & retail store became more than the organization could bear. FSO returned to a largely volunteer effort through 2007, and has refocused it's time and energy to the advocacy of sea otters at the state and federal levels.”
Clarify the organization’s assets (tangible and possibly intangible).
Provide information to facilitate the understanding of the balance sheet.
The organization currently pays a book keeper to maintain their financial statements. However, the board members do not understand the balance sheet or the assets of the company as they appear on the balance sheet and would like clarification on their bottom line. We plan to meet with the book keeper and clarify balance sheet categories and amounts for easy understanding.
Determine the organization’s capacity to implement future activities. If the organization decided to do something tomorrow, what is their capacity and what do they have to offer (e.g., experience, expertise, etc.)?