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Posts tagged ‘Non-Profits’


Where Does $100 to the Catholic Medical Mission Board Go?

The Catholic Medical Mission Board (CMMB) is a New York-based 501 (c) (3) engaged in distributing drugs and medical supplies primarily in Central America and the Caribbean. In May, 2018, the State of California (actually the Attorney General on behalf of the State of California) filed a Cease and Desist Order against CMMB because of the way the non-profit is recording the value of pharmaceuticals. Read more »


Executive Compensation at Food For The Poor

At first glance, Food For The Poor looks like a billion dollar non-profit and in a sense, it is but a closer look at this Florida-based non-profit shows that they actually raised about $148 million in 2017 including $11.3 million in government grants. $800 million in non-cash contributions – primarily pharmaceuticals, clothing, and household goods) make up the rest of the reported revenue.

The problem with including non-cash contributions as a part of revenue is that the value of these contributions may not be the market value, which some critics (including the Attorney General for the State of California who recently issued a cease and desist order to the popular charity) claim. Seems there is a disagreement over the value of the non-cash contributions and, specifically the value of pharmaceuticals. Read more »


Where Does $100 to the Breast Cancer Research Foundation Go?

The Breast Cancer Research Foundation (BCRF) was founded in 1993 as an independent, not-for-profit 501 (c) (3) dedicated to preventing and curing breast cancer by supporting scientific research. Consequently, the organization engages in primarily two functions: raising funds and awarding grants.  Based in New York, BCRF has about 51 employees dedicated to these functions and managing the organization. So, the key question becomes:  just how much of the revenue raised was awarded in grants? About 80%, according to the most recent financial information.

The Form 990 (2016 representing the year beginning July 1, 2016 and ending June 30, 2017) for BCRF reports the following key information with regards to revenue and expenses, grants, assets and liabilities, and fundraising. Read more »


How is Revenue Spent at the ASPCA?

The ASPCA is one of the most widely recognized non-profits focused on animal welfare in the country.  Founded in 1866, the ASPCA has been around for more than 150 years.  As is the case with most non-profits, the issue isn’t whether the ASPCA does good things (they do) but  whether they could do more or better with the public support they receive.

The Form 990 (2016) submitted to the IRS reveals the following key information about the ASPCA including Revenue and Expenses, Assets and Liabilities, Independent Contractors, and Fundraising: Read more »


Where Does $100 to the Leukemia and Lymphoma Society Go?

The Leukemia and Lymphoma Society (LLS) is a non-profit 501 (c) (3) whose mission is to “cure leukemia, lymphoma, Hodgkin’s Disease, and Myeloma, and improve the quality of life for patients and their families. To do this, LLS primarily focuses on three major programs:

  • Patient and Community Services
  • Research Programs
  • Public Health Education

According to the IRS Form 990 (2016) for the year beginning July 1, 2016 and ending June 30, 2107, the following key information was reported: Read more »


Executive Compensation at Hippocrates Health Institute

The Hippocrates Health Institute (HHI) – a non-profit 501 (c) (3) that operates out of a 50-acre tropical setting in West Palm Beach, Florida – provides educational and instructional services to teach individuals how to live and eat healthier for a fee (referred to as “program service revenue”). HHI is not a charitable organization that relies on donations; instead HHI relies on  program service revenue paid by those who choose to enroll and/or attend the Institute. Read more »


Where Does $100 to the Entertainment Industry Foundation Go?

The Oscar buzz is front and center in the news media so it seems only natural to address philanthropy within the entertainment industry. The Entertainment Industry Foundation is a 501 (c) (3) based in Los Angeles, California whose mission is to coordinate the philanthropy of the entertainment industry.

Established more than 75 years ago in 1942, the Entertainment Industry Foundation (EIF) is primarily engaged in raising funds and making grants and has been referred to as the “United Way of the entertainment industry” by some.  So, the questions of interest include: Read more »


Where does $100 to Goodwill go?

Goodwill Industries was established in 1902 and is widely known across the country as the place where we all donate clothing and household goods to help others. There are 161 Goodwill Industries agencies and more than 3,200 retail stores in the US and 14 countries that generated $5.7 billion in revenue in 2016.

Goodwill Industries International, Inc is the executive member association organization that provides oversight, support, expertise, and products to local agencies (each is a separate 501 (c) (3) that operates independently and pays membership dues to support Goodwill Industries International, Inc.).

This analysis concerns Goodwill Industries International, Inc. (Goodwill) that oversees all the Goodwill organizations. To see revenue, expenses including executive salaries, assets, liabilities and other public information of local Goodwill organizations, look to the individual IRS Form 990’s of specific Goodwill Industries agencies  (i.e. Goodwill Industries of Greater New York and Northern New Jersey, Goodwill Industries of Northwest North Carolina). Read more »


Where does $1 to the American Red Cross Go?

When most people think of the American Red Cross (ARC), they often think of blood collection, testing, and distribution and/or disaster services – both domestic and international and in the most simplistic terms, this is what the ARC is about.  Formally known as the American National Red Cross (the organization is the designated affiliate of the International Federation of Red Cross and Red Crescent Societies), ARC was established by Clara Barton in 1881 and given a charter by Congress in 1900 and again in 1905 to carry out humanitarian services. Since that time, the charter has been amended nine times, with the most recent in 2009 to address reforms to the organization. Read more »


Tips to Understanding an IRS Form 990

Most charitable organizations exempt from income tax under Section 501 are required to file an IRS Form 990, which details financial, management, program, and fundraising information.  These returns can often be hundreds of pages long which can be overwhelming to potential donors who are trying to understand where charitable dollars are spent. Although all of the information is important, there are key pieces of information to focus on if time is limited. With that in mind, here are 13 tips to gain a quick understanding of a non-profit. Read more »