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3
Dec

Where Does $100 to the NRA Go (2021)?

When most people think of the NRA they think of the National Rifle Association of America and the second amendment (“A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed”) but there are seven (7) separate non-profits that comprise the NRA:

  • NRA (National Rifle Association of America):  501 (c)(4)
  • NRA Foundation, Inc.:  501 (c)(3)
  • NRA Freedom Action Foundation:  501 (c)(3)
  • NRA Civil Rights Defense Fund:  501 (c)(3)
  • NRA Special Contribution Fund: 501 (c) (3)
  • NRA Political Victory Fund: PAC Section 527
  • NRA Victory Fund:  PAC Section 527

Read more »

1
Dec

How Revenue is Spent at Toys for Tots (2021)

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 12 voting members of the governing party, 11 of whom are independent. 9 of the 12 (75%) directors are male while 3 (25%) are female.

So, if you made a donation in 2021, 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), purchase toys, or put into the general fund (savings). How do I know this? Because the Form 990 that Toys for Tots submitted to the IRS (2021) reports the following information: Read more »

29
Nov

Executive Compensation at Dairy Management Inc (DMI) 2019

Dairy Management Inc (DMI) is the big organization that most people haven’t heard of because unless you’re a dairy producer, work in the dairy industry, or work in the corporate offices of Pizza Hut, Taco Bell, Dominoe’s, or KFC, you would have no reason to know that this non-profit, tax-exempt 501 (c) (6) is the most powerful non-profit dairy organization in the country.

Considered a “check-off” program authorized by Congress but responsible to their members, DMI’s mission is to increase consumption of dairy products by finding more ways to get dairy products to the public including assisting fast food companies with menu items. Read more »

27
Nov

How Dairy Management Inc (DMI) Spends Revenue (2019)

Dairy Management Inc (DMI) is a non-profit, tax-exempt 501 (c) (6) whose purpose is to promote dairy products in order to increase consumption of dairy products.

Funded by a mandate by Congress, DMI is what is referred to as a “check off program” where all producers have to contribute funds for the good of the industry. Dairy producers are required to contribute 15 cents per 100 pounds (foreign dairy producers are required to contribute 7.5 cents per 100 pounds) which equates to about 1.5 cents per gallon of milk.

DMI has 78 independent voting members (Directors) on its governing body although 84 are listed on the most recent Form 990 (which appears to be due to timing differences).  61 of the 84 (73%) are male while 23 of the 84 (27%) are female (note:  The Form 990 does not disclose gender; determinations were based on name and google searches). Read more »

25
Nov

Where Does $100 to Homes for Our Troops Go (2021)?

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 17 years (2004-2021), 325 homes (an average of 19 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 »

23
Nov

Executive Compensation at the American Cancer Society (2020)

The American Cancer Society (ACS) is a tax-exempt, non-profit 501 (c) (3) dedicated to eliminating cancer by funding cancer research and focusing on prevention and detection, and treatment. Key information about ACS includes:

  • ACS is headquartered in Atlanta, Georgia but the organization has more than 350 offices throughout the country.
  • ACS raises$$600-$700 million annually.
  • ACS has $1.2 billion in net assets.
  • There are 22 independent voting members of the governing body, 18 (82%) of whom are male and 4 (18%) who are female (Note:  the Form 990 does not report gender identity. The numbers are based on names and google searches).

Read more »

21
Nov

Where Does $100 to the American Cancer Society Go (2020)

The American Cancer Society (ACS) is a tax-exempt, non-profit 501 (c) (3) dedicated to eliminating cancer by funding cancer research and focusing on prevention and detection, and treatment.

Headquartered in Atlanta, Georgia, the ACS has a presence throughout the country (divided into 6 geographic regions) with 350 offices in all 50 states, Washington, DC, Guam and Puerto Rico.

There are 22 independent voting members of the governing body, 18 (82%) of whom are male and 4 (18%) who are female (Note:  the Form 990 does not report gender identity. The numbers are based on names and google searches). Read more »

19
Nov

Executive Compensation at the Metropolitan Museum of Art (2021)

The Metropolitan Museum of Art (Met) is the largest art museum in the US with two sites in New York City (the Met Fifith Avenue and the Met Cloisters).  Established in 1870, the Met is a tax-exempt, non-profit 501 (c) (3) based in New York City with 50 trustees (48 of whom are independent), although 52 are listed on the Form 990 (2020 for the year ending June 30, 2021) due to timing differences.  34 of the 48 (65%) listed are male while 18 (35%) are female.

For the year ending June 30, 2021, the Met reported the following information: Read more »

17
Nov

Executive Compensation at Providence Health and Services (WA) 2019

Providence Health and Services – Washington (PH&S) is part of the Providence St Joseph Health (PSJH), a non-profit, tax-exempt integrated healthcare provider associated with the Catholic Church. With 51 hospitals and nearly 1,100 clinics staffed by 120,000 employees across seven western states (Washington, Oregon, Montana, New Mexico, California, Texas, and Alaska), the Providence St Joseph Health system came to be when PH&S merged with Providence St. Joseph Health (PSJH), in 2016. (note: PSJH – the overall executive management arm – is the sole member of PH&S). Read more »

15
Nov

Executive Compensation at Northwestern Medicine (2020)

Northwestern Memorial HealthCare (NMH) is commonly known as Northwestern Medicine, and is a non-profit, tax-exempt 501 (c) (3) that provides healthcare in more than 200 locations (including 13 hospitals) in the Chicago metropolitan area. Headquartered in Chicago, NMH is affiliated with Northwestern’s School of Medicine.

Key facts to know about NMH include the following information taken from the Form 990 (2019 for the year ending August 31, 2020):

NMH has $8.1 billion in net assets (up from $6.4 billion in 2018). The $1.7 billion increase is primarily attributed to transfers from affiliated organizations and excess revenue over expenses, all of which means NMH made a lot of money from healthcare over the past few years. Read more »