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Posts from the ‘Kids’ Category

10
Jan

Executive Compensation at Shriners Hospitals for Children (2021)

Shriners Hospitals for Children is a network of hospitals, medical and satellite centers, outpatient facilities, ambulatory surgery care centers, and outreach centersthat provide specialized pediatric care (orthopedics, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, all but 2 of the hospitals (Canada and Mexico) are located in the United States under two non-profit corporations:

  • The Shriners Hospitals for Children (for 11 hospitals, 1 outpatient facility (Salt Lake City), 2 ambulatory surgery centers, and 4 clinics) – a Colorado corporation based in Tampa, Florida; and
  • The Shriners Hospitals for Children (for 1 hospital and 1 outpatient facility in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.

Read more »

4
Jan

Where Does $100 to Shriners Hospitals for Children Go (2021)?

Shriners Hospitals for Children is a network of hospitals, medical and satellite centers, outpatient facilities, ambulatory surgery care centers, and outreach centersthat provide specialized pediatric care (orthopedics, burn, spinal cord, and palate) for children under the age of 18. According to the Shriners website, all but 2 of the hospitals (Canada and Mexico) are located in the United States under two non-profit corporations:

  • The Shriners Hospitals for Children (for 11 hospitals, 1 outpatient facility (Salt Lake City), 2 ambulatory surgery centers, and 4 clinics) – a Colorado corporation based in Tampa, Florida; and
  • The Shriners Hospitals for Children (for 1 hospital and 1 outpatient facility in Massachusetts) – a Massachusetts corporation based in Tampa, Florida.

Read more »

2
Jan

Executive Compensation at Save the Children (2022)

Save the Children – the Fairfield, Connecticut-based non-profit in the US – is formally known as Save The Children Federation, Inc. and is part of the Save the Children Alliance (a group of 30 Save the Children groups throughout the world that also support Save the Children International).  Established in 1932, Save the Children is a 501 (c) (3) and one of the most well-known charities in the world.

There are 32 voting members (trustees) of the governing body (Save The Children Federation, Inc), 31 of whom are independent, according to the 2022 Form 990, 13 of whom are female and 19 are male (note:  The Form 990 does not disclose gender; determinations were made based on name and google searches). Read more »

31
Dec

Where Does $100 to Save the Children Go (2022)

The Save the Children Fund is one of the most recognizable charitable organizations in the world. Established more than a hundred years ago in 1919, the organization is legally known as Save the Children Federation, Inc. in the United States, but is often simply referred to as “Save the Children.”

On the Save the Children website (www.savethechildren.org), the organization reports that “86% of all expenditures went straight to our mission” with the key word being “expenditures.”  Expenses are normally analyzed as a percentage of revenue, not as a percentage of total expenditures because both parts of the equation – revenue and expenses – are important to understand how an organization is operating. Without revenue, it doesn’t matter how much of an organization’s expenditures were spent in a single category.  Both sides of the equation have to be considered. In addition, the word “mission” must be carefully considered. Read more »

9
Dec

How Donations are Used at Toys For Tots (2022)

Toys for Tots is one of the most well known organizations whose mission is to work with the US Marine Corp to collect new unwrapped toys and distribute those toys to economically disadvantaged children at Christmas time.  A non-profit, tax-exempt 501 (c) 3, Toys for Tots is legally known as Marine Toys for Tots Foundation but nearly everyone refers to the organization as “Toys for Tots.”

There are 12 voting members of the governing party, 11 of whom are independent. 9 of the 12 (75%) directors are male while 3 (25%) are female.

So, if you made a donation in 2022, where did it go?  It depends. If you donated a toy, then more than likely, a child received that toy. If you made a cash donation, then the funds were probably used to pay for organization expenses (i.e. compensation, office-related expenses, fees for services, etc) or to purchase toys. How do I know this? Because the Form 990 that Toys for Tots submitted to the IRS (2022) reports the following information: Read more »

9
Nov

Executive Compensation at Feed the Children (2022)

Feed the Children (FTC) is a tax-exempt non-profit 501 (c) (3) based in Oklahoma City, OK.  Established in 1979, FTC is primarily engaged in obtaining and distributing food, medicine, and clothing to those in need through grants, primarily to non-profits in the USA.

FTC is governed by 11 independent voting members (directors) of the governing body (Board of Directors) (although the Form 990 lists 12 directors, 9 (75%) of whom are male and 3 (25%) whom are female. Read more »

7
Nov

Where Does $100 to Feed the Children Go (2022)?

Feed the Children (FTC) is a tax-exempt non-profit 501 (c) (3) based in Oklahoma City, OK.  Established in 1979, FTC is primarily engaged in obtaining and distributing food, medicine, and clothing to those in need through grants, primarily to non-profits in the USA.

FTC is governed by 11 independent voting members (directors) of the governing body (Board of Directors) (although the Form 990 lists 12 directors, 9 (75%) of whom are male and 3 (25%) whom are female.

In trying to understand how $100 is spent at FTC, it is important to consider what the organization primarily does:  they collect non-cash contributions and distribute these items.  So, if the $100 donation is a non-cash item, then the contribution is distributed to another organization (another non-profit that is probably in the USA). But, if the donation is cash, then the $100 is used to pay for the organization costs of FTC. So, there are two ways to look at how $100 is spent, both of which will be presented in the following paragraphs. Read more »

1
Jul

Executive Compensation at the Girl Scouts (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 million 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%) are female while 4 of the 29 (14%) are male. Read more »

29
Jun

How the Girl Scouts Spend 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 »

10
May

Executive Compensation at No Kid Hungry (2021)

No Kid Hungry (NKH) 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 (52% of revenue in 2021, 20% in 2020; 12% in 2019) and advocating for this disadvantaged group.

SOS has 17 voting members (directors) of the governing body, 16 of whom are independent; 9 (53%) of whom are male; 8 (47%) of whom are female.

Key information from the Form 990 (2020 for the year ending June 30, 2021) include: Read more »