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Posts from the ‘An/Ag/Env’ Category

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 »

23
Apr

Executive Compensation at the ASPCA (2020)

The ASPCA is a non-profit tax-exempt 501 (c) (3) based in New York City, New York. As such, the organization submits a Form 990 to the IRS annually and makes a copy available to the public. The most recent IRS Form 990 (2020) reports the ASPCA: Read more »

21
Apr

Where Does $100 to the ASPCA Go (2020)?

If you donated $100 to the ASPCA in 2020 and want to know how your donation was spent, know that nearly half ($48) went to pay staff, office-related expenses, travel and conferences.  $25 went to pay advertising and promotion and fees for outside services, including professional fundraisers. $8 out of every $100 was spent on veterinary services, operating supplies, and grants to other non-profits whose mission is to help protect animals. $2 out of every $100 was spent on miscellaneous expenses leaving $17 unspent and allocated to the organization’s general fund. Read more »

28
Mar

Executive Compensation at the US Poultry and Egg Association

The US Poultry & Egg Association (US Poultry) is a tax-exempt, non-profit 501 (c) (5) – a trade association – that represents producers and slaughters of chicken, turkey, duck, breeding stock, and eggs along with allied companies that work in the industry.  With affiliates in 27 states, US Poultry is one of the largest poultry trade associations in the country.

US Poultry has 26 independent voting members in its governing body, 24 (92%) of whom are male while 2 (8%) are female. Read more »

14
Feb

Executive Compensation at the American Farm Bureau Federation

The American Farm Bureau Federation (AFBF) is a tax-exempt, non-profit 501 (c) 5 – an agricultural organization – that is also known as Farm Bureau Insurance, Farm Bureau, Inc. and simply Farm Bureau.  Based in Washington, DC, AFBF is an insurance company (although the income statement does not report insurance premium revenue) and lobbying group representing the interests of the American agricultural industry with memberships starting at $25 annually.

AFBF is governed by 34 voting members (directors) of a governing body, 33 of whom are independent, although the most recent Form 990 (2019) lists 38 directors (due to timing differences) who receive $0 – $522,000 annually.  36 of the 38 (94%) directors listed are male while 2 of the 36 (6%) are female. Read more »

28
Dec

Executive Compensation at The Jackson Laboratory (2019)

Unless you’re in medical research or read the New Yorker, you may not have heard of The Jackson Laboratory (JAX) – an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders.  In addition, JAX has an affiliated research lab organization in Japan and China (Shanghai). Read more »

26
Dec

How Revenue is Spent at The Jackson Laboratory (2019)

The Jackson Laboratory (JAX) is an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) in the US and two overseas in Japan and China that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders. Read more »

10
Nov

Executive Compensation at the World Wildlife Fund (2020)

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 with 651 staff in 32 foreign offices).

There are 23 voting members (directors) on the governing body (board of directors), 22 of whom are independent.  The Form 990 (2019) lists 25 board members (which appears to be due to timing differences), 15 (60%) of whom are male while 10 (40%) are female (note: the form 990 does not report gender identity. Conclusions were made based on name and google searches). Read more »