I will assign a mini-case as an individual take-home project. You will have 2 weeks to analyze the case and submit your case write-up, which should be between 1 to 3 pages in length (Times New Roman or similar font, 12 point, single-spaced). I will grade your report in terms of your competencies of the materials covered in class.

Aid for Veterans Three friends, who were military veterans, became interested in the work being done by a nonprofit organization that aids veterans. So, they brainstormed ways to raise money for the nonprofit. One of the friends lived in a house on a large riverfront property and he suggested that they host a day-long event on the property where guests could hike, fish, swim and tube down the river during the day and then conclude the day with a gala dinner and band with dancing. The friends agreed and the first event was a huge success. So, the event was continued, getting larger and more elaborate and raising more money for the nonprofit organization every year. These three friends plan and execute this event entirely on their own initiative, they do not work for and are not part of the nonprofit charity. The charity receives the profits from the event as a charitable donation, but otherwise is not involved in any way in the event. After the fifth year, the group decided the financials were becoming too complicated for their limited capabilities and they hired a part-time accountant to help. In trying to understand the past financials of the event, the accountant reported that something was amiss, the numbers were not reconciling. The host of the event then explained to the other two friends that over the years he had been offering tables and even premium tables (where the table was in front of the stage and all guests got bottomless champagne and other perks) to contractors in exchange for work on his property. Ordinarily, tickets for entire tables sold for thousands and premium tables for close to ten-thousand dollars. Some of the contractor’s work benefitted the event, such as a larger and more elaborate deck that acted as a stage for the band, clearing brush and doing landscaping around the property, and rebuilding and improving the dock. Other improvements, such as house renovations and maintenance repairs, did not benefit the event. The transactions had all been completed “under the table;” there were no purchase orders, invoices or receipts of any kind. The two friends were surprised and unsure about what to do with the information.