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31
May

$19 a Month to the ASPCA – How Much Goes to Vet Services?

If you donated $19 a month to the ASPCA in 2020 and want to know how your donation was spent, know that nearly half ($9) went to pay staff, office-related expenses, travel and conferences.  $5 went to pay advertising and promotion and fees for outside services, including professional fundraisers, and miscellaneous expenses. $2 out of every $19 was spent on veterinary services, operating supplies, and grants to other non-profits whose mission is to help protect animals,  leaving $3 unspent and allocated to the organization’s general fund. Read more »

29
May

Executive Compensation at Americans For Prosperity (2018)

Americans For Prosperity (AFP) is a conservative political advocacy committee (PAC) founded in 2004. AFP is actually two organizations:  AFP, the social welfare organization and therefore a 501 (c) (4), and the Americans For Prosperity Foundation (AFPF), an “educational” organization, a 501 (c) (3).

Both organizations are tax-exempt non-profits with two major differences between them:  donations to AFP are not tax deductible while donations to AFPF are tax deductible; and, as a 501 (c) (4), AFP can engage in more lobbying (businesses and unions can donate unlimited amounts of funds) while AFPF, as a 501 (c) (3) can only engage in a limited amount of lobbying because the organization is considered an educational organization. Read more »

27
May

Where Does $100 to Oral Roberts Ministries Go (2020)?

The Oral Roberts Ministries is legally known as the Oral Roberts Evangelistic Association (OREA) – a Tulsa, Oklahoma based non-profit 501 (c) (3) whose “evangelistic mission is to pray for healing of the whole man.”  Established in 1947 by Oral Roberts, a televangelist, OREA is now run by Oral’s son, Richard Roberts, along with his wife, Linda Salem Roberts who also appears to be known as Lindsay Roberts.

There are 9 voting members (trustees) of the governing body, 8 of whom are independent; 7 of whom are male, 2 of whom are female.

According to the most recent Form 990 (2019 for the year ending April 30, 2020): Read more »

25
May

Executive Compensation at the Boy Scouts (2020)

The Boy Scouts of America (Boy Scouts) is a tax-exempt, non-profit 501 (c) (3) organization headquartered in Irving, Texas.  As one of the largest youth organizations in the US, the Boy Scouts has gone through some tough times the past few years with allegations of child sexual abuse by scoutmasters and other leaders that triggered a bankruptcy filing in 2020. With a recent settlement of $850 million for the thousands of sexual abuse victims, the Boy Scouts has experienced significant financial changes. Read more »

23
May

Where Does $100 to the Boy Scouts Go (2020)?

The Boy Scouts of America (Boy Scouts) is a tax-exempt, non-profit 501 (c) (3) organization headquartered in Irving, Texas.  As one of the largest youth organizations in the US, the Boy Scouts has gone through some tough times the past few years with allegations of child sexual abuse by scoutmasters and other leaders that triggered a bankruptcy filing in 2020. With a recent settlement of $850 million for the thousands of sexual abuse victims, one has to wonder about the financial details of the organization.

In 2019, the Boy Scouts sold a large block of securities presumably to offset a $135 million insurance expense and $85 million in insurance claims, both of which contributed to a deterioration in net assets from $532 million  to $408 million.

Read more »

21
May

Executive Compensation at No Kid Hungry

No Kid Hungry is actually a national campaign started in 2010 by Share Our Strength (SOS), a tax-exempt, non-profit 501 (c) 3 whose focus is on ending childhood hunger in the United States although they do limited international work.  Based in Washington, DC, SOS does this by raising funds and awarding grants (20% of revenue in 2020; 12% in 2019) and advocating for this disadvantaged group.

SOS has 17 voting members (directors) of the governing body; 11 (65%) of whom are male; 6 (35%) of whom are female.

Key information from the Form 990 (2019 for the year ending June 30, 2020) include: Read more »

19
May

Where Does $100 to No Kid Hungry Go?

No Kid Hungry is actually a national campaign started in 2010 by Share Our Strength (SOS), a tax-exempt, non-profit 501 (c) 3 whose focus is on ending childhood hunger in the United States although they do limited international work.  Based in Washington, DC, SOS does this by raising funds and awarding grants (20% of revenue in 2020; 12% in 2019) and advocating for this disadvantaged group.

SOS has 17 voting members (directors) of the governing body; 11 (65%) of whom are male; 6 (35%) of whom are female.

So, if you donated $100 in 2020, how much went to feeding the kids? It depends on how you define “feeding the kids.”  Some people would narrowly define the phrase as actually feeding the children whereas some people would more broadly define the phrase by including all efforts going into feeding hungry children.  The short answer is this: Read more »

17
May

Fundraising at the Nature Conservancy (2020)

The Nature Conservancy raised $1.1 billion (including $822 million in contributions of which $168 were non-cash contributions, $162 million in fees and sales, $16 million in investment income and gains, and $124 million in government grants) and spent $897 million (not including depreciation) in the year ending June 30, 2020.  With nearly $7.1 billion in net fund assets – most of which is unrestricted – the Nature Conservancy has successfully raised a lot of revenue and retained a significant portion.

The IRS Form 990 (2019) reflecting the year beginning July 1, 2019 and ending June 30, 2020 indicates the Nature Conservancy spent $91 million (or roughly 8% of revenue) on fundraising expenses: Read more »

15
May

Where Does $100 to the Nature Conservancy Go (2020)?

The Nature Conservancy raises more than $1 billion a year and has more than $7 billion in their net fund assets, making the organization one of the most well capitalized non-profits in the country. If you’ve ever wondered how a donation is spent but don’t feel inclined to read the dozens and dozens of pages of the IRS Form 990 (the tax return submitted to the IRS annually), then continue reading. Read more »

13
May

Executive Compensation at the Nature Conservancy (2020)

The Nature Conservancy – a 501 (c) (3) based in Arlington, Virginia – whose mission is “to conserve land and waters on which all life depends” has been around since 1951 and is one of the most popular and wealthy non-profits in the country.

There are 20 voting members (directors) of the governing body, 17 of whom are independent, although the Form 990 lists 26 directors (due to timing differences) – 15 (58%) of whom are male and 11 (42%).of whom are female.

The most recent financial information (the 2019 IRS Form 990 for the year ending June 30, 2020) reports the organization raised $1.1 billion (compared to $1 billion in 2019 and $1.2 billion in 2018) and spent $900 million. The difference between revenue raised and revenue spent was $200 million which along with nearly $75 million in net unrealized gains on investments and other changes in assets helped increase net fund assets from $6.7 billion at the beginning of the year to nearly $7.1 billion at the end of the year. Read more »