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29
Jun

How the Girl Scouts Spends Revenue (2022)

The Girl Scouts of the United States of America (Girl Scouts) is a tax-exempt, non-profit 501 (c) (3) based in New York, NY. With more than 2.5 members (an estimated 1.8 million girl members and about 700,000 member volunteers) the Girl Scouts works to build “courage, confidence, and character” in young girls.

There are 28 independent voting members (board members) of the governing body (board), although 29 are listed on the Form 990 (2021 for the year ending September 30, 2022) – 25 of the 29 (86%) listed are female while 4 of the 29 (14%) are male.

In 2022, the Girl Scouts reported total revenue of $120 million (compared to $131 million in 2021, $112 million in 2020 and $122 million in 2019) which came from: Read more »

27
Jun

Where Does $100 to 350.org go (2021)?

350.org is a non-profit 501 (c) (3) founded in 2008 by a group of people along with author Bill McKibben, an environmentalist, to work towards ending the use of fossil fuels and build renewable energy.

Most scientists agree that the burning of fossil fuels is the largest contributor to greenhouse gas (followed by the animal agriculture industry) which has led to global warming. Named after the safe concentration of carbon dioxide in the atmosphere – 350 parts per million, 350.org is a grassroots organization that has become more well known as the public has become aware of the effects of climate change.

Based in Brooklyn, New York, 350.org raises about $20-25 million annually (primarily through contributions), spends about 80% of those funds, and has about $13 million in net fund assets. Because the organization is relatively young, it appears they have been focused on their mission but also building up their general fund. Hence, the reason they have not been spending as much as they raise. Read more »

25
Jun

Executive Compensation at the BCBS Association

The Blue Cross Blue Shield Association (BCBSA) is a tax-exempt, non-profit 501 (c) 4 (a social welfare organization) based in Chicago, Illinois that serves as a national association of 34 independent BCBS companies that provide health insurance to more than 115 million people.

BCBSA also own and manage the BCBS trademarks and names in more than 170 countries around the world.  Consequently, revenue comes from the members of BCBSA whose revenue comes from insurance premiums. In other words, part of your BCBS health insurance premiums are paid to BCBSA.

There are 37 voting members of the governing body, of whom 36 are independent, although there are 43 listed on the Form 990 (2019) of whom 35 (81%) are male while 8 (19%) are female.

Read more »

23
Jun

How the BCBS Association Spends Revenue

The Blue Cross Blue Shield Association (BCBSA) is a tax-exempt, non-profit 501 (c) 4 (a social welfare organization) based in Chicago, Illinois that serves as a national association of 34 independent BCBS companies that provide health insurance to more than 115 million people.

They also own and manage the BCBS trademarks and names in more than 170 countries around the world.  For example, BCBS of Florida, Inc. (DBA Florida Blue), Health Options, Inc. (DBA Florida Blue HMO), Florida Combined Life Insurance Company (DBA Florida Combined Life) are independent licensees of BCBSA. Consequently, revenue comes from the members of BCBSA whose revenue comes from insurance premiums. In other words, part of your BCBS health insurance premiums are paid to BCBSA. Read more »

21
Jun

Pets: IMHA and One Vaccine at a Time….

A few weeks ago, my daughter took her 6-year old female corgi to a new vet who gave the dog 3 vaccinations (rabies, leptospira, and bordetello).  Five days later, the dog collapsed so my daughter took her to Burlington Emergency Veterinary Specialists (BEVS) where they admitted the dog.

Bloodwork indicated she was anemic:  a PCV (Packed Cell Volume that is also called hematocrit) score of 23 compared to a normal 35, and an ultrasound showed an enlarged spleen which led to the diagnosis of Immune-Mediated Hemolytic Anemia (IMHA) where the body no longer recognizes healthy red blood cells as part of the body and develops antibodies to destroy them. Without enough healthy red blood cells, the organs are deprived of oxygen, or the animal is overwhelmed by a blood clot. Read more »

19
Jun

Executive Compensation at Paralyzed Veterans of America (2021)

The Paralyzed Veterans of America (PVA) is a non-profit, tax-exempt 501 (c) 3 based in Washington, DC (although the organization has 73 offices and 34 chapters throughout the country).

Established in 1947, PVA has a core mission of vets serving vets, funding spinal cord research, and advocating for disability rights, according to their website. So, the question most donors want to know is:  how much of my donation goes to the organization’s core mission?  The answer:  about 34% in 2020 with the remaining 66% spent on a mail program (50%), grants (5%), and the reminder (13%) added to the general fund.

Key financial information reported by PVA to the IRS on the Form 990 (for the year ending June 30, 2021) include the following: Read more »

17
Jun

Where Does $100 to Paralyzed Veterans of America Go (2021)?

The Paralyzed Veterans of America (PVA) is a non-profit, tax-exempt 501 (c) 3 based in Washington, DC (although the organization has 73 offices and 34 chapters throughout the country). Established in 1947, PVA has a core mission of vets serving vets, funding spinal cord research, and advocating for disability rights, according to their website. So, the question most donors want to know is:  How much of my donation goes to the organization’s core mission?  The answer:  about 34% in 2020 with the remaining 66% spent on a mail program (50%), grants (5%), and the reminder (13%) added to the general fund.

Key financial information reported by PVA to the IRS on the Form 990 (for the year ending June 30, 2021) include the following: Read more »

15
Jun

Where Does $100 to Hope for the Warriors Go (2021)?

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 88 employees who were compensated nearly $5 million (an average of $57,000 per employee with only 6 employees compensated more than $100,000). Grants were also awarded ($800,000 or 10% of total revenue) in 2021.

In trying to understand how a $100 donation is spent, it is helpful to look at the IRS Form 990 (2021) which reports revenue, expenses, information on executive compensation, fundraising, assets, liabilities and net fund assets. Read more »

13
Jun

How Revenue is Spent at the PGA Tour (2021)

The PGA Tour, Inc. is a tax-exempt, non-profit 501 (c) 6 – a membership organization for touring professional golfers – up to a maximum of 156 who participate in 47 events (44 regular events and 3 playoff events). The exact number of members is difficult to determine since there are various exemptions and player status (the top 125 ranked players have their card renewed annually but players ranked between 126-150 can retain their card and play when other golfers are not playing, and winning certain tournaments also guarantees a tour card). Read more »

11
Jun

Executive Compensation at the PGA Tour (2021)

The PGA Tour, Inc. is a tax-exempt, non-profit 501 (c) 6 – a membership organization for touring professional golfers – up to a maximum of 156 who participate in 47 events (44 regular events and 3 playoff events). The exact number of members is difficult to determine since there are various exemptions and player status (the top 125 ranked players have their card renewed annually but players ranked between 126-150 can retain their card and play when other golfers are not playing, and winning certain tournaments also guarantees a tour card). Read more »