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Posts from the ‘Kids’ Category

8
May

Where Does $100 to No Kid Hungry Go (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.

So, if you donated $100 in 2021, 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; fundraising, managing an organization, reviewing grants, awarding grants, monitoring grants, etc.  The short answer is this: Read more »

6
May

Executive Compensation at the Boy Scouts (2021)

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 former scouts, scoutmasters and other leaders that triggered a bankruptcy filing in 2020. With a recent settlement of $2.4 billion (to be established in a trust) for the thousands of sexual abuse victims (estimated to be 80,000), the Boy Scouts has experienced significant financial changes over the past few years. Read more »

4
May

Where Does $100 to the Boy Scouts Go (2021)?

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 (a Chapter 11 reorganization) in 2020. With a recent settlement of an estimated $2.4 billion (to be put into a trust) for the thousands of sexual abuse victims (estimated at 80,000), one has to wonder about the financial details of the organization. Read more »

2
May

Executive Compensation at JDRF (2021)

JDRF (Juvenile Diabetes Research Foundation) is a tax-exempt non-profit based in New York City.  Overseen by 15 independent voting members (board members) of the governing body (board), the JDRF raises about $225 million annually ($223 million, $213 million, and $239 million in 2021, 2020, and 2019, respectively).

Although JDRF touts itself as the “leading global organization funding Type 1 diabetes research,” $165 million was allocated to the general fund while $187 million was allocated to research grants over the past 3 years: Read more »

30
Apr

Where Does $100 to JDRF Go (2021)

JDRF (Juvenile Diabetes Research Foundation) claims to be the “leading global organization funding Type 1 diabetes research” which would appear to mean that JDRF is either awarding most revenue raised to research grants or conducting the research themselves, neither of which seems to be the case.

So, if you donated $100 to JDRF in 2021, how were those dollars spent?  The short answer is that that only $13 was awarded in grants and $2 in outreach fees, about $34 was used to compensate employees, pay office expenses, fees and advertising and promotion costs, and about $50 was allocated to the general fund (think savings account as JDRF appears to be more focused on growing their endowment than allocating funds to research). Read more »

28
Apr

Executive Compensation at Save the Children (2021)

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 34 voting members (trustees) of the governing body (Save The Children Federation, Inc), 33 of whom are independent, although the Form 990 lists 38 (which appears to be due to timing differences), of whom 21 are female and 17 are male (note:  The Form 990 does not disclose gender; determinations were made based on name and google searches). Read more »

26
Apr

Where Does $100 to Save the Children Go (2021)?

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 “85% of all expenditures went to program services” 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. Read more »

4
Jan

Executive Compensation at Boys Town (2020)

Boys Town refers to a non-profit, tax-exempt organization focused on helping children and their families but the “organization” is actually many non-profit, tax-exempt organizations with one member:  Father Flanagans Boys Home (FFBH) who controls and provides oversight to all the affiliates.

Based in Boys Town, Nebraska, FFBH has two research hospitals (west and east) and 10 non-hospital health care facilities.  However, FFBH has affiliate organizations that also provide services in Nebraska, Iowa, Louisiana, Nevada, Washington, DC, Florida, Rhode Island, and Massachusetts, the Boys Town organizations reach across the US. Read more »

2
Jan

Where Does $100 to Boys Town Go (2020)?

Boys Town generally refers to a tax-exempt, non-profit organization whose focus is on the care of children and families who need assistance.  However, the organization actually consists of many tax-exempt, non-profit organizations in Nebraska, Iowa, Florida, Louisiana, Nevada, Washington, DC, Rhode Island, and Massachusetts, all of whom have one member:  Father Flanagans Boys Home (FFBH) and are therefore controlled by FFBH.

Based in Boys Town, Nebraska, FFBH provides medical services at two hospitals and numerous types of outpatient clinics in the Omaha, Nebraska metropolitan area and oversight at the affiliated organizations throughout the country.  FFBH is governed by 16 voting members, 15 of whom are independent.  Information on the website indicates there are 18 trustees, 10 of whom (56%) are male while 8 (44%) are female. Read more »

29
Dec

Where Does $100 to the March of Dimes Go (2021)?

2021 was a better year than 2020 for the March of Dimes with the benchmark being the organization went into a positive net asset position (from a negative $20 million at the end of 2020).  Just eight years ago, the March of Dimes had $75 million in net fund assets and was raising nearly $200 million annually but they were spending more than they raised.  Since then, revenue has declined and the organization went into a negative net fund position because they were spending $8-$27 million more than they raised annually, had to fund a pension/post retirement fund for employees, and had losses on investments. Things were not looking good by 2016 so the organization brought in a new president in 2017 following the retirement of the longtime president. Read more »