How Revenue is Spent at Turning Point USA
Turning Point USA (Turning Point) is a tax-exempt, non-profit 501 (c) 3 that advocates conservative principles on high school, college, and university campuses and in convention centers that focus on attracting high schoolers, college students, and young adults ages 15-25 who they often refer to as activists.
Established in 2012 by Charles Kirk, the President who receives nearly $300,000 in compensation, flies first class, and has a discretionary spending account (as do all officers), according to the Form 990 (2019) submitted to the IRS, Turning Point is overseen by 5 voting members of the governing body, 3 of whom are independent. All 5 directors are male. Read more 
Executive Compensation at the University of Miami
The University of Miami (UM) is a private research (primarily at the Miller School of Medicine) university with 11 schools and colleges serving more than 17,000 students in undergraduate and graduate studies in 180 majors. Tuition, room, and board cost about $75,000 annually or $300,000 for a 4-year degree.
For the year ending 5/31/2018, UM reported total revenue of $3.8 billion which came primarily from hospitals and clinics ($1.4 billion), tuition and fees ($774 million), medical professional practices ($468 million), government grants ($463 million), and contributions, gifts, and grants ($229 million). Read more
Executive Compensation at Intermountain Healthcare (2018)
Intermountain Healthcare refers to a large healthcare system in Utah, Nevada, and Idaho (24 hospitals and more than 370 healthcare facilities with more than 45,000 employees) based in Salt Lake City, Utah. Although there are numerous non-profits under the Intermountain Healthcare system, the primary entities include IHC Health Services, Inc. and the Intermountain Healthcare Foundation, Inc. – both of whom operate out of the same office.
In short, IHC Health Services, Inc. reported $6.6 billion in revenue in 2018 (compared to $6 billion in 2017). Expenses were $6 billion (including $312 million in depreciation) which helped the organization (after adjusting for nearly $400 million in net unrealized losses on investments) to increase the general fund (or net fund assets) by $300 million in 2018 from $6.5 billion to $6.8 billion. Read more
I Am Not Alexa
Just a few short months ago, we were doing simple things – turning the lights on and off, playing music, and shopping on-line – all by ourselves. But, things changed around the holidays when the cloud-based voice service called “Alexa” entered our home. Thinking her dad would love to have someone turn the lights on and off, give a weather update, or turn on whatever music he wants to listen to, my daughter decided to give him “Alexa” for Christmas. But, my daughter was also thinking of me. Read more
Where Does $100 to the YMCA Go (2019)?
If you donated $100 to the YMCA in 2019, how was that $100 spent? The answer depends on whether the donation was made to one of the local chapters (there are about 2,700 in the US) or to the YMCA of the USA (which is legally known as the National Council of YMCA’s of the USA) and is the parent organization in the US (that seeks to strengthen local YMCA”s through grants and program support) or the World Alliance of the YMCA (the parent organization of the 119 countries in the world that have YMCA’s), based in Geneva, Switzerland. For the purposes of this post, let’s assume the donation was made to the YMCA of the USA (because each of those local chapters is a separate 501 (c) 3 that files its own IRS Form 990 so the answer could have 2,700 different answers). Read more
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