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30
Dec

Where Does $100 to United Way Go?

United Way may refer to a number of charitable organizations throughout the world but in the United States, United Way generally refers to United Way Worldwide (formerly United Way of America) and/or one of the 1,800 local offices in 40 countries and territories that operate as a separate 501 (c) (3). United Way Worldwide is the leadership and support organization for the whole United Way network. Each organization collects funds and makes grants to local organizations, and also contributes a portion of the revenue collected to United Way Worldwide to support operations. Read more »

28
Dec

Executive Compensation at United Way (2016)

United Way Worldwide (United Way) is the leadership and support organization for the whole United Way network which includes approximately 1,800 local offices in 45 countries. A non-profit 501 (c) (3), United Way Worldwide is based in Alexandria, Virginia and has 247 employees who received total compensation of $28.6 million in 2016, which equates to an average compensation of $116,000. However, only 83 of the 247 employees received more han $100,000 in compensation with the 15 most highly compensated individuals listed below: Read more »

26
Dec

Maple Nut Brittle

Maple Nut Brittle is a scrumptious dairy-free confection that is super easy to make and hopelessly addicting.  Crunchy, slightly sweet, and incredibly delicious, Maple Nut Brittle is made with 9 ingredients:

  • macadamia nuts
  • pecans
  • coconut flakes
  • cacao nibs
  • maple syrup
  • sorghum syrup
  • canola oil
  • coconut sugar
  • salt

Read more »

24
Dec

Where Does $100 to Hope For The Warriors Go?

Hope For The Warriors (HFTW) is a 501 (c) (3) based in Springfield, Virginia that strives to help those affected by military service. Assistance is primarily through staff support from the 68 employees who were compensated $4 million (an average of $59,000 per employee with only three employees compensated more than $100,000). Grants were also awarded ($1.3 million or 17% of total revenue) in 2017.

In trying to understand how a $100 donation is spent, it is helpful to look at the IRS Form 990 (2017) which reports revenue, expenses, information on executive compensation, fundraising, assets, liabilities and net fund assets. Read more »

22
Dec

Where Does $100 to Toys For Tots Go?

The Marine Toys For Tots Foundation (Toys For Tots) is a 501 (c) (3) that collects new toys and distributes these toys to less fortunate children at Christmas. Based in Triangle, Virginia, Toys For Tots reports the following key financial information about the organization on the IRS Form 990 (2017):

Toys For Tots employed 18 individuals who were provided with $1.8 million in total compensation, or an average $100,000 each although only 3 individuals received more than $100,000 in compensation. The 3 most highly compensated individuals were: Read more »

20
Dec

Sugarplums

When I was young and first saw The Nutcracker, I was fascinated with the Sugar Plum Fairy who ruled over the Land of Sweets. I remember thinking she had the best job in the world (what could be better than ruling over a Candyland?). Forget about the Prince and Clara, I wanted the Sugar Plum Fairy’s job (until I read Charlie and the Chocolate Factory, then I wanted Willy Wonka’s job but that’s another story).

Although I wasn’t a fan of sugarplums when I was a child (they reminded me of fruitcake), I grew to appreciate how sweet, delicate, and delicious a home-made sugarplum is, especially when I made them myself with the top quality ingredients. Read more »

18
Dec

Fundraising at the World Wildlife Fund

The World Wildlife Fund (WWF) is a major fundraiser for environmental conservation. Based in Washington, DC, WWF, a 501 (c) (3) raised $226 million in 2017 from three sources:

  • $156 million (69% of revenue):  contributions, gifts, and non-governmental grants
  • $ 58 million (26% of revenue):  government grants
  • $12 million (5% of revenue):  investment income, investment gain, royalties, list rental, etc.

Key information related to fundraising are summarized as follows: Read more »

16
Dec

Where Does $100 to the World Wildlife Fund Go?

The World Wildlife Fund (WWF) is considered by many to be the leading conservation organization in the world. Established nearly 60 years ago in 1960, the WWF is based in Washington, DC but operates all over the world (in more than 100 countries).

The most recent IRS Form 990 (2016) reports financial information about the organization for the year beginning July 1, 2016 and ending June 30, 2017 (hereafter referred to as 2017).  A 501 (c) (3), WWF reports the following information on revenue, expenses, grants, assets, liabilities, and the organization’s net fund balance. Read more »

14
Dec

Where Does $100 to Kids Wish Network Go?

Kids Wish Network is a Florida-based non-profit 501 (c) (3) under fire for good reason:  Of the $14 million raised last year, less than $1.2 million went to grants for kids.  That’s 9%, or $9 out of every $100 in revenue raised. But, its worse than that. $1 million of the revenue raised were non-cash contributions and these non-cash contributions (toys, clothes, games, etc) were granted as wishes for kids, which means only $200,000 of the $13 million in cash raised in 2017 was spent on granting wishes for sick kids. Bottom line:  a little bit more than a dollar out of every $100 received in cash was used to grant wishes for sick kids. Shameful. Read more »

12
Dec

Executive Compensation at the World Wildlife Fund

The World Wildlife Fund (WWF) is one of the most recognized conservation groups in the world. A 501 (c) (3) based in Washington, DC (but with offices worldwide), WWF has 605 employees who received total compensation of $87.1 million in 2017, which equates to an average compensation of $144,000, according to the organization’s IRS Form 990. However, only 188 individuals received more than $100,000 in compensation, with the 20 most highly compensated listed below: Read more »