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Posts from the ‘Non-Profits’ Category

18
Oct

Where Does $100 to the American Heart Association Go?

The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support as evidenced by the $830 million raised last year.   That the AHA also has nearly a billion dollars in their net fund balance is also noteworthy.

By most accounts, this organization is a magnet for public contributions and an expert at raising and saving money.  But, are they accomplishing their mission, which is to build healthier lives, free of cardiovascular disease and stroke? With heart disease the number one cause of death in the United States for decades, one has to wonder if all the contributions to the AHA are really helping to prevent and reverse heart disease? Read more »

12
Oct

Where do Donations to UMCOR Go?

On Wednesday, October 11, 2017, a full-page ad by UMC.org/UMCOR (United Methodist Church/United Methodist Committee on Relief) was placed in the Wall Street Journal (WSJ) asking for donations with the statement:

100% OF WHAT YOU GIVE GOES TO HELPING US STAY UNTIL RECOVERY IS COMPLETE

and

100% OF YOUR DOLLARS GO TO RELIEF

United Methodist churches across the country participate in UMCOR Sunday, a special giving day on which all offerings are designated toward UMCOR administrative costs. That means 100% of your donations go to relief efforts.

Read more »

10
Oct

Where Does $100 to Alex’s Lemonade Stand Go?

Alex’s Lemonade Stand Foundation (ALSF) is one of the most well-known charitable foundations dedicated to raising funds for research into treatments and cures for childhood cancers.

Established in Pennsylvania in 2005, a year after Alex (Alexandra) Scott passed away from neuroblastoma at 8 years old, ALSF was founded by her parents, Jason and Elizabeth Scott to continue what Alex started (when Alex was 4 years old she opened up a lemonade stand to raise money so that doctors could help other children). Read more »

28
Sep

Where Does $100 to the ASPCA Go?

The American Society for the Prevention of Cruelty to Animals (ASPCA) works to ensure the safety and protection of animals through a variety of programs. With enormous public support – The ASPCA raises approximately $200 million annually – the ASPCA provides community outreach, public education, communication, and animal care services throughout the United States.

The ASPCA is a non-profit 501 (c) (3) which means the organization primarily relies on public financial support and therefore has to file and make publicly available an IRS Form 990 annually. This “form” is actually a tax return that provides detailed financial information on revenue, expenses, fundraising, executive compensation, assets, liabilities and more. In 2015, the 94-page ASPCA reported the following key pieces of information: Read more »

22
Sep

Executive Salaries at the American Heart Association

The American Heart Association (AHA) is a non-profit 501 (c) (3) that primarily relies on public and government funds for funding and is therefore required to submit an IRS Form 990 – the tax return that provides details about the organization including how much revenue was raised and spent, the amount the organization has in net fund assets, and the compensation packages of the executives. Read more »

16
Sep

Where Does $100 to The Boys and Girls Club of America Go?

The Boys and Girls Club of America, Inc. (“The Boys and Girls Club“) is a non-profit 501 (c) (3) that offers programs – primarily after school – for young people. Based in Atlanta, the national office of The Boys and Girls Club also has regional offices in Atlanta, New York City, Chicago, Dallas, and Los Angeles. In addition there are more than a thousand local chartered offices throughout the country targeting disadvantaged youths to help them “reach their full potential as productive, caring, responsible citizens.” Funding for the organization is primarily from both the public and the government. Read more »

8
Sep

Where Does $100 to Feeding America Go?

Feeding America is a 501 (c) (3) whose mission is “to feed America’s hungry through a nationwide network of food banks and engage the country in the fight to end hunger.” With an estimated 42 million people experiencing hunger every day (or 1 out of 8 people), Feeding America seeks to alleviate hunger by procuring and distributing food, creating public awareness and educating the public, lawmakers, and public policy influencers, and conducting research on hunger.

Established in 1988, Feeding America has been around for nearly three decades and has grown substantially through the years. For the year ending, June 30, 2016, Feeding America raised $2.438 billion of which $2.289 billion (94%) were non-cash contributions (i.e. food) and $149 million cash – from contributions ($87 million), program revenue sources ($24 million), royalties ($35 million), and other sources ($3 million). With most contributions being food for distribution to the vast network of food banks across the country, the question that most donors want to know is how the $149 million in cash revenue was spent. Read more »

31
Aug

Where Does $100 to the American Diabetes Association Go?

The American Diabetes Association (ADA) reported the receipt of $181 million in revenue in 2015, which primarily came from 5 sources:

  • $135 million (75%) from contributions, gifts, and grants;
  • $32 million (18%) from subscriptions, registrations, sale of materials, and booth rentals,
  • $5 million (3%) from advertising income;
  • $5 million (3%) from royalties; and
  • $4 million (2%) from other sources.

During the same year, the ADA reported expenses of $183 million (net of depreciation) – $2 million more than the organization took in. Because the organization had $89 million in net fund assets, they were able to cover the excess expenses. Read more »

4
Jul

Where does $100 to Homes For Our Troops Go?

Our veterans hold a special place in our hearts because they have put themselves on the front line to protect our country.  Although the US Department of Veterans Affairs strives to take care of our veterans when they come home, this is not always the case because the demand for goods and services often outweighs the government’s ability to meet these needs. To make up the shortfall, many non-profit charitable organizations raise funds to help. Read more »

22
Jun

Passion for Paws

While sitting in the waiting area of a car service center one day, a woman with a cascade of brown curls falling from the bun in her hair walked in wearing a pair of animal print leggings. She sat next to me and immediately greeted my 14-year old Jack Russell who was curled up in a tight ball on my lap, while introducing herself as “Ava Rhodes.” While we talked about our passion for animals, I learned Ava has 2 dogs and 5 cats which made me pause and make a mental note (self: there is a special place in heaven for anyone who takes care of seven animals). Read more »