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17
Nov

Executive Compensation at the American Bankers Association

The American Bankers Association is a non-profit 501 (c) (6) organization – “a business league that pushes advocacy, provides education, products, and solutions to its membership and the financial services industry.” In other words, the ABA is a non-profit association for banks, savings and loans, and trust companies. Based in Washington, DC the ABA engages in lobbying, works to establish banking standards, and educates the public and its members.

While some people think of non-profits as almost an afterthought, the ABA is anything but insignificant. The ABA raises more than $100 annually, typically spends less than it brings in, and has accumulated more than $40 million in net assets. But, what is particularly startling is the compensation of executives.

In 2017, 398 employees were compensated $66 million, which equates to an average compensation of $166,300. However, only 173 employees received more than $100,000 in compensation which means there were some very highly compensated people in the organization. Read more »

15
Nov

The Kale and Everything Salad

Kale is one of the most nutritious greens we can eat but the leaves have a bit of a bitter flavor so there are two things you can do to get your kale and enjoy it, too. First, remove the leaves from the stems (throw the stems out; but don’t put them in the sink disposal) and rip the leaves (or cut them) into bite-sized pieces.  Place the shredded kale in a medium sized bowl and sprinkle with the juice of 1/2 lemon. Massage the leaves (I always count to 100 and that seems to work). You will notice the leaves will darken as you massage. This is good.

The second way to make kale more palatable is to mix these super greens with bean and vegetables.  Pick your favorites or just choose whatever is in the refrigerator or pantry.  In less than 15 minutes, a scrumptious, super healthy salad will be ready to devour! Read more »

13
Nov

Where Does $100 to Compassion International Go (2018)?

Compassion International, Inc. (CI) is a Colorado Springs, Colorado based 501 (c) (3) engaged in Christian ministry to “release children from their economic, social, physical, and spiritual poverty.”  Key information (based on the information submitted on the 2018 Form 990 to the IRS) include the following:

CI raised $953 million, nearly all of which came from contributions.

Expenses totaled $933 million (including $12 million in depreciation), leaving $20 million unspent and allocated to the general fund which had $269 million (net fund balance or what some people refer to as the endowment) at year-end. Read more »

11
Nov

Executive Compensation at Compassion International (2018)

Compassion International, Inc. (CI) is a Colorado Springs, Colorado based 501 (c) (3) engaged in Christian ministry to “release children from their economic, social, physical, and spiritual poverty.”  Although CI is one of the largest US charities based in Colorado, the organization primarily operates internationally having raised $953 million in 2018 and spent $635 million ($67 out of every $100 in revenue) on grants to foreign organizations, individuals, and governments. Read more »

9
Nov

Organic Sweet Carnival Grapes

Last week my husband brought home a produce carry tote that contained “Organic Sweet Carnival Grapes” which were described as “as sweet as any carnival treat.” To be honest, my first thought was “cotton candy” which didn’t sound appetizing as I was never a fan of the sticky, puffy, blue and pink stuff sold at carnivals. But, I couldn’t have been more wrong.

Sweet Carnival grapes are sweet and super crisp (an essential attribute of a good grape for me) but they are especially delicious when ice cold, although they are also exceptional chilled or at room temperature.  The flavor is reminiscent of cotton candy for sure so they taste like a sweet crunchy flavorful treat that is a healthier choice than cotton candy. That these green (although they are called “white”) are seedless and organic is an added bonus. Read more »

7
Nov

Executive Compensation at Big Brothers Big Sisters

Big Brothers Big Sisters is actually the abbreviated name of more than 250 affiliated organizations around the country. At the heart of Big Brothers Big Sisters is the national office which is named Big Brothers Big Sisters of America (BBBSA). BBBSA not only raises revenue and awards grants to the affiliates but also provides guidance, standards, training, and education to the affiliates. Therefore, the executive compensation at BBBSA is the focus of this post (However, it is important to note that each affiliate is a separate 501 (c) (3) that files a Form 990 with the IRS. Executive compensation within each affiliate is listed on the Form 990 submitted by the affiliate).

BBBSA employed 60 staff who were compensated $4.3 million, which equates to an average compensation of $72,000 in 2017 (note:  the year began July 1, 2016 and ended June 30, 2017).  8 employees received more than $100,000 in compensation with the 7 most highly compensated employees listed below: Read more »

5
Nov

Where Does $100 to Big Brothers Big Sisters Go?

Where does $100 to Big Brothers Big Sisters go?  The answer depends on whether the $100 was given to the national office, the foundation, or one of the 250 local affiliate offices.  Since the national office, referred to as Big Brothers Big Sisters of America (BBBSA), is the largest of the Big Brothers Big Sisters organizations (in terms of revenue raised), the focus of this post will be on the national office (but don’t hesitate to read the Form 990 for your local affiliate). Read more »

3
Nov

Understanding Big Brothers Big Sisters

Most people think Big Brothers Big Sisters is a nationwide organization that creates and supports mentoring relationships between children and adult volunteers but Big Brothers Big Sisters is actually more than 250 organizations organized as follows:

Big Brothers Big Sisters Foundation (BBBSF):  A 501 (c) (3), BBBSF is based in Kansas City, Missouri with a donation center that solicits, used, resalable clothing and household goods from the community to help fund the mission of the local Big Brothers Big Sisters affiliate (Big Brothers Big Sisters of Greater Kansas City). Typically, foundations affiliated with a non-profit exist to assist the national office but this foundation has only awarded one grant annually to the Kansas City affiliate. Read more »

1
Nov

The Microgreen Salad

In the plant-based world, there is a common phrase “eat the rainbow” that is a constant reminder to eat a variety of fruits and vegetables every day.  With that in mind, the following recipe for a salad combines greens (microgreens), fruits (apple, peach, and mango), vegetables (broccoli and carrots), and beans (garbanzo) along with lemon juice, dill, and pink peppercorns to make a delicious and nutritious super colorful salad that can be enjoyed for breakfast, lunch, or dinner. From start to finish, the salad takes about 15 minutes to make and looks as beautiful as it tastes. Read more »

30
Oct

P.S. Kitchen in NYC

Finding P.S. Kitchen in New York City is definitely on my top ten list of notable discoveries in 2019.  That the restaurant is in midtown (246 W 48th Street between 7th and 8th Ave) makes the discovery surprising because I rarely venture into midtown Manhattan when I visit the city: too many people, too many lights, too much noise. But, on a recent visit after an afternoon matinee on Broadway, I walked a few blocks and secured the front table by the window – an incredible table if you can get it. Walking in at 4 pm – an off hour – definitely increases your chances of snagging this front row light filled beautiful table with a cushioned bench and chair surrounding a picture perfect white table (below right in photo). Read more »