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24
Dec

How Revenue is Spent at the Girl Scouts (2024)

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 1.8 members (an estimated 1.1 million girl members and about 750,000 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 30 are listed on the Form 990 (2023 for the year ending September 30, 2024) due to timing differences – 23 of the 30 (77%) listed are female while 7 of the 30 (23%) are male.

In 204, the Girl Scouts reported total revenue of $118 million (compared to $116 million in 2023, $120 million in 2022, $131 million in 2021, $112 million in 2020 and $122 million in 2019) which came from: Read more »

22
Dec

Where Does $100 to the Oral Roberts Ministries Go?

The Oral Roberts Ministries is legally known as the Oral Roberts Evangelistic Association (OREA) – a Tulsa, Oklahoma based non-profit 501 (c) (3) whose “evangelistic mission is to pray for healing of the whole man.”  Established in 1947 by Oral Roberts, a televangelist, OREA is now run by Oral’s son, Richard Roberts, along with his wife, Linda Salem Roberts who also appears to be known as Lindsay Roberts.

There are 7 voting members (trustees) of the governing body, 6 of whom are independent:  5 of whom are male, 2 of whom are female.

According to the most recent Form 990 (2023 for the year ending April 30, 2024): Read more »

20
Dec

Executive Compensation at the National Retail Federation (2024)

The National Retail Federation (NRF) is a non-profit, tax-exempt 501 (c) (6) – a membership based trade association  – whose mission is to “advance and protect the interests of the retail industry and to help retailers achieve excellence in all areas of their business.” That’s quite a mission, given the retail environment in this country.  Retailers – both national chains and local – view an on-line presence a virtual requirement for survival.

Governed by 31 board members, 30 of whom are independent although 33 are listed on the most recent Form 990 (2024) due to timing differences;  25 of the 33 (76%) are male while 8 of the 33 (24%) are female, NRF is based in Washington, DC. Read more »

18
Dec

Where Does $100 to Homes For Our Troops Go (2024)?

Homes For Our Troops provide a much needed product (build and donate custom homes outfitted for disabilities) and a service (a pro-bono financial planner for three years to assist in financial planning and household budgeting, along with homeownership education and warranty coverage to ensure that the Veteran is set up for long-term success as a homeowner).  Although the veteran pays no mortgage, Homes For Our Troops places a 10-year lien on the home to protect the veteran from losing the home due to a home equity loan foreclosure and safeguards donor contributions to the program. In addition, it provides a period of time for the family to become more financially stable.  Beginning in year 6, the veteran accrues 20% equity per year until year 10. After 10 years in the home, the veteran owns the home. Read more »

16
Dec

Where Does $100 to Homes For Our Troops Go (2023)?

Homes For Our Troops provide a much needed product (build and donate custom homes outfitted for disabilities) and a service (a pro-bono financial planner for three years to assist in financial planning and household budgeting, along with homeownership education and warranty coverage to ensure that the Veteran is set up for long-term success as a homeowner).

Homes For Our Troops is a tax-exempt, non-profit 501 (c) (3) established in 2004 in Massachusetts “to build and donate specially adapted custom homes nationwide for severely injured post-9/11 veterans to help them rebuild their lives.” Over the past 19 years (2004-2023), 375 homes (an average of 20 custom homes annually) have been built for veterans who have “sustained injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI).” Read more »

14
Dec

How Donations are Used at Toys For Tots (2024)

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 15 voting members of the governing party, 14 of whom are independent. 11 of the 15(73%) directors are male while 4 (27%) are female.

So, if you made a donation in 2024, 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 (2024) reports the following information: Read more »

12
Dec

How Revenue is Spent at Paralyzed Veterans of America (2024)

The Paralyzed Veterans of America (PVA) is a non-profit, tax-exempt 501 (c) 3 based in Washington, DC (although the organization has 73 offices and 34 chapters throughout the country). Established in 1947, PVA has a core mission of vets serving vets, funding spinal cord research, and advocating for disability rights, according to their website. So, the question most donors want to know is:  How much of my donation goes to the organization’s core mission?  The answer:  about 57% in 2024 with 35% spent on a marketing, publications, and advertising (note: PVA spent $92 for every $100 in revenue received in 2024).

Key financial information reported by PVA to the IRS on the Form 990 (for the year ending June 30, 2024) include the following: Read more »

10
Dec

22 Employees of Advent Health Take Home $186 Million in Compensation

22 of the most highly compensated employees of AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with 87 tax-exempt non-profits, 16 organizations taxable as partnerships,  and 21 organizations taxable as a corporation or trust) received $186 million in compensation from 2016-2023 (with several employees only recently joining the organization, which means the highly compensated employees employed in any of the years from 2016-2022 but not in 2023 are not included – including Daryl Tol who received $13 million from 2016-2022, Michael Schultz who received $12 million from 2016-2022, and Eddie Soler who received $10 million from 2016-2022 – which means the total amount would be even higher if all the most highly compensated employees were included): Read more »

8
Dec

Executive Compensation at Advent Health (2023)

AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with 87 tax-exempt non-profits, 16 organizations taxable as partnerships,  and 21 organizations taxable as a corporation or trust.  

This post looks at the executive compensation at  Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to the affiliates.  It is important to note there are dozens of other related and affiliated non-profits and for profit organizations  related to AdventHealth that are not covered in this post. Read more »

6
Dec

How Revenue is Spent at Hippocrates Health Institute (2023)

The Hippocrates Health Institute (HHI) is a tax-exempt, non-profit 501 (c) (3) that operates out of a 55-acre tropical setting in West Palm Beach, Florida that provides educational and instructional services to teach individuals how to live and eat healthier.  Specifically, HHI has been operating since 1987 and focuses on “transforming and optimizing health” through a vegan diet that emphasizes the benefits of raw food.  The cause is noble and commendable but the price to attend (estimated at about $5,000 per week) is not.

Key issues both historically and currently include the following: Read more »