How Much Of The Donations To The Aspca Go Towards Animal
The American Society for the Prevention of Cruelty to Animals (ASPCA) works to ensure the safe and protection of animals through education, animal health services, anti-cruelty operations, community outreach, disaster/emergency services, and government relations. A 501 (c) (3), the ASPCA files an IRS Course 990 annually which provides financial information on the organization to the public.
The near contempo IRS Form 990 (2014) reveals the following information:
The ASPCA raised $191 million of which $164 million (86%) came from contributions, grants, gifts, and campaigns while $15 one thousand thousand (viii%) came from program service fees and $12 one thousand thousand (6%) from investment income, sale of assets, royalties, miscellaneous income, and fundraising events.
F unctional expenses (net of depreciation) totaled $171 meg (ninety% of acquirement) spent as follows:
- $63 million (33% of acquirement): Salaries, Pension, Benefits, and Payroll Taxes
- $ 6 million (three% of revenue): Compensation to 23 central employees
- $27 million (14% of revenue): Advert and Promotion
- $22 million (12% of acquirement): Part-Related Expenses;
- $fifteen million (8% of revenue): Operating Supplies
- $ 9 million (4% of revenue): Other Expenses (no detail provided);
- $ 6 one thousand thousand (3% of revenue): Fees ( legal, acct, mgmnt, lobbying, fundraisers etc)
- $ 4 million (3% of revenue): Veterinary and Medical Services, and Transport
- $ five million (2% of acquirement): Travel and Conferences
- $14 million (8% of acquirement): Grants (ane,288 grants were given to 844 organizations with 315 non-profits (501 (c) (iii)'s) receiving more than than $v,000. These grants were primarily for spay/neuter, live release, anti-cruelty, intake reduction, relocation, and equine programs).
Details on the above include the following reported information:
The ASPCA has 953 employees. 128 employees received more than than $100,000 in compensation. 23 key executives were given $6 million in compensation (although $416,660 were severance payments to ii former employees and $191,66 was for consulting services for the quondam President and CEO):
- $538,057: Mathew Bershadker, President and CEO
- $332,792: Elizabeth Estroff, SVP Communications
- $326,823: Louise Murray, VP Brute Health
- $321,236: Todd Hendricks, SVP Development and Marketing
- $315,329: Jed Robers, III, DVM, SVP Fauna Health Services
- $313,501: Stephen Musso, EVP, Capital Projects
- $307,542: Julie Morris,SVP Community Outreach
- $300,046: J'Mai Gayle, Director of Surgery
- $289,660: Steven Hansen, COO thru 10/15/thirteen (severance package)
- $280,207: Sarah Levin Goodstine, SVP Operations
- $269,238: Nancy Perry, SVP, Gov't Relations
- $268,133: Arturo Rios, SVP, HR thru x/31/14
- $263,293: Randall Lockwood, SVP, Forensic Sciences
- $261,997: Stacy Wolf, SVP, Cruelty
- $240,168: Gail Buchwald, SVP, Adoption Center
- $229,207: Beverly Jones, SVP and CLO
- $222,368: Wilhelmina Waldman, VP Philanthropy
- $210,886: Elysia Howard, VP, Marketing and Licensing
- $210,129: Bert Troughton, SVP, Strategy Management
- $191,666: Edwin Sayres, Former Pres and CEO (for "consulting services")
- $125,628: Mark Abrahams, SVP and CFO thru 4/16/14
- $127,000: Melissas Norden, Erstwhile SVP and Chief of Staff (severance package)
- $ 91,081: Johanna Richman, SVP and CFO
xiii of the 23 (57%) almost highly compensated employees are female while 10 (43%) are male.
If the above bounty packages totaling $half dozen million are deducted from the full amount spent on compensation for all employees ($68.5 meg) and then $62.v one thousand thousand was spent on 930 employees which equates to an boilerplate of $67,200 per employee.
148 contractors were paid in excess of $100,000 with the five largest being:
- $xvi million: Eagle-Com, Inc. for media broadcast
- $ 7 million: True Due north, Inc. for media placement
- $ 4 meg: Patton Kiehl for data processing
- $ 3 million: SMS Direct, Inc. for printing services
- $ 2 million: Forum Group Services, Inc. for staffing
Three professional fundraisers were paid $2 million to raise $12 million through straight marketing, fundraising services, and membership appeals. In other words, for every dollar raised, 17 cents was paid to the fundraiser while 83 cents was given to the ASPCA.
The ASPCA reported $233 million in total assets at twelvemonth-end, of which $149 million (64%) were in liquid investments (cash, securities), $44 meg (19%) were in country, buildings, and equipment, $21 million (9%) in beneficial interests in perpetual trusts, $xvi one thousand thousand (7%) in accounts receivable, and $4 (one%) meg in prepaid expenses.
Liabilities totaled $27 million, $14 1000000 of which is deterrent rent, annuity obligations, and unfunded pension obligations. $10 million are accounts payable while $3 million are grants payable.
Net assets totaled $207 million at year-finish – up $9 million from $198 million from the previous year primarily considering the ASPCA did not spend equally much as they nerveless (which was mitigated past near $six million in investment losses).
In summary, every $1 in revenue was spent equally follows:
$ane.00: Acquirement
-$0.33: Salaries, benefits, pension, and payroll taxes to employees
-$0.03: Salaries, benefits, pension, payroll taxes, severance, and consulting fees to 23 key employees
-$0.14: Advertizing and promotion
-$0.12: Office, Information technology, occupancy, insurance, repair and maintenance
-$0.08: Operating supplies
-$0.04: Other expenses
-$0.03: Legal, accounting, mgmnt, lobbying, professional person fundraising, and investment fees
-$0.03: Veterinarian and medical services, and transport
-$0.02: Travel, conferences, conventions, and meetings
-$0.82: Subtotal Functional Expenses
$0.xviii: Corporeality Remaining
-$0.08: Grants to other organizations for spay/neuter, anti-cruelty, live release, etc. programs
$0.ten: Amount Unspent
The bottom line is that the ASPCA raised nearly $200 million in 2014 and spent 90%. The organization is staff intensive because of the services provided (i.east. spay/neuter, education, veterinary services, etc) and yet more donations were left unspent (nearly $17 million in 2014) than were delivered in grants to other organizations ($14 million) providing these services.
Given that the ASPCA has more than than $200 million in net avails, it is unclear why more funds are not spent on programs. The $half-dozen million in bounty provided to 23 key employees (of which more than than $600,000 was for severance packages to two former employees and "consulting" services for the past President) and more than $500,000 to the President and CEO is notable (although one central staff person is a veterinarian). And, finally fourteen cents of every dollar being spent on advertisement and promotion is most twice as much equally is spent on grants to other non-profits providing spay/neuter, live release, equine, and anti-cruelty programs.
To review the complete ASPCA 2014 IRS Form 990, click here.
Update: To read Where Does $100 to the ASPCA Go, click here.
Update: To read How is Revenue is Spent at the ASPCA (2016), click hither.
Update: To read about Executive Compensation at the ASPCA (2017), click here.
Click on "Executive Compensation at the ASPCA (2018)" for more than information.
Click on "Where Does $100 to the ASPCA Get (2018)?" for an update.
Click on "Where Does $100 to the ASPCA GO (2019)?" for an update.
Click on "Executive Compensation at the ASPCA (2019)" for more information.
Source: https://paddockpost.com/2016/02/17/where-does-1-to-the-aspca-go/
Posted by: churchaceeakell.blogspot.com
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