Skip to content

Posts from the ‘Other’ Category

13
Oct

Where Does $100 to St Jude Go (2024)?

St. Jude’s is one of the most popular non-profit organizations in the country because the charity’s mission appeals to donors:  they treat and help children with cancer and other life threatening illnesses. But, before making donations, donors should understand where revenue is spent and that St. Jude’s is actually two organizations:

  • St. Jude Children’s Research Hospital, Inc. (St. Jude) – the 73-bed hospital and research center
  • American Lebanese Syrian Associated Charities  (ALSAC) – the fundraiser

ALSAC  “exists for the sole purpose of raising funds and building awareness to support the current and future needs of St. Jude Children’s Research Hospital, Inc” while St. Jude engages in research and provides care and services to sick children and their families. Read more »

1
Oct

Non-Profits 101

Non-profit organizations are a big business in the United States with most of the population supporting these organizations through donations, membership dues, time, or purchases.  So, it’s important to understand key issues of non-profits: Read more »

27
Sep

Executive Compensation at Turning Point USA (2024)

Turning Point USA is a tax-exempt, non-profit 501 (c) 3 that advocates conservative principles on high school, college, and university campuses and in convention centers that focus on attracting high schoolers, college students, and young adults ages 15-25 who they often refer to as activists.

Established in 2012 by the late Charles Kirk, Turning Point USA has three (3) related tax exempt organizations:

  • Turning Point Endowment, Inc.:  a 501 (c) 3 described as a “supporting org to Turning Point USA”
  • America’s Turning Point, Inc:  a 501 (c) 3  described as “education of students”
  • Turning Point Action, Inc.:  a 501 (c) 4  described as “education of students” where contributions are not tax deductible

Turning Point USA is overseen by 5 voting members (directors) of the governing body, 4 of whom are independent. All directors are male. Read more »

14
Aug

15 Employees at University of Chicago Take Home $109 Million

15 of the highly compensated employees in 2023 at the University of Chicago (a private research university with about 18,000 students – 7,500 undergrads and 10,500 graduate and medical students – in Chicago, Illinois) received $109 million in compensation from 2017-2023 (note:  this list does not include highly compensated employees in any of the years 2017-2022 but not in 2023 including the former chief investment officer, Mark Schmid who received $20 million from 2017-2022): Read more »

12
Aug

Executive Compensation at the University of Chicago (2023)

The University of Chicago (U of Chicago) is a private research university with about 18,000 students (7,500 undergrads and 10,500 graduate and medical students) in Chicago, Illinois.

Approximately 39,000 undergraduate students apply annually; 5% or 1,900 are accepted.  Annual tuition, room and board is about $95,000 or about $380,000 for a 4-year degree.

When analyzing colleges and universities generally, there are 8 key numbers to look at: Read more »

12
Jul

Executive Compensation at the Mortgage Bankers Association of America (2023)

The Mortgage Bankers Association (MBA) is a tax-exempt, non profit 501 (c) 6 national trade associate that represents the real estate finance industry.  Based in Washington, DC, the MBA has a reported 2,200 member companies.

There are 39 independent voting members (board members) of the governing body although 40 are listed on the most recent Form 990 (for the year ending September 30, 2023): 30 of the 40 (75%) are male while 10 (25%) are female. Read more »

2
Jul

How Revenue is Spent at PGA Tour, Inc (2023)

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 »

22
Jun

Executive Compensation at Wounded Warrior (2024)

The Wounded Warrior Project is one of the most well-known tax-exempt non-profit charitable organizations focused on rebuilding the lives of wounded veterans. Established in 2003, the Wounded Warrior Project (Wounded Warrior) is headquartered in Jacksonville, Florida with about 1,000 employees. A 501 (c) (3) charitable organization, their mission is to “honor and empower wounded warriors.”

There are 14 independent voting members (directors) of the governing body although 16 are listed on the most recent Form 990;   8 directors are male and 8 are female. Read more »

16
Jun

Where Does $100 to Wounded Warrior Go (2024)?

The Wounded Warrior Project is one of the most well-known non-profit charitable organizations focused on rebuilding the lives of wounded veterans. Established in 2003, the Wounded Warrior Project is a non-profit, tax-exempt 501 (c) (3) charitable organization whose stated mission is to “honor and empower wounded warriors.”

Most donors want to know how their donations are spent.  If you gave $100 to the Wounded Warrior Project in 2024, the short answer is the organization spent $97 for every $100 raised in 2024 with revenue spent on five major categories:   Read more »

14
Jun

Executive Compensation at the Smithsonian (2023)

The Smithsonian is one of the most well-known museums in the world but you may not know that the Smithsonian is the world’s largest museum and research complex with 21 museums (9 of which are on the National Mall in Washington, DC, an additional 10 in the DC metropolitan area and 2 in New York City, plus the National Zoo, also in DC and the Smithsonian Gardens, also in DC), and 14 education and research centers. Collectively, these sites are the Smithsonian Institute, a 501 (c) (3), based in Washington, DC. Read more »