Tag Archives: animal shelter

Executive Salaries in Charities

by Vai Smith
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The salary information below was calculated by adding the IRS Form 990 categories of “Compensation,” “Contributions to employee benefit plans,” and “Expense accounts and other allowances.” Not included are any benefits received but not reported in the charity’s IRS Form 990. The salary information below was calculated by adding the IRS Form 990 categories of “Compensation,” “Contributions to employee benefit plans,” and “Expense accounts and other allowances.” Not included are any benefits received but not reported in the charity’s IRS Form 990. Name & Title Organization Top Salary* Abraham Continue reading →

Get Information Before You Make a Donation

by Vai Smith
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Americans give liberally. We offer more to philanthropy for every capita than some other created country; more than $200 billion in 2011. However all that cash may not be going where we think. The Tampa Bay Times and The Center for Investigative Reporting have discharged a rundown of “America’s Worst Charities,” 50 associations that raised billions of dollars, yet gave barely any of it to the individuals who need it. Now and again, these philanthropies gave no cash whatsoever. Rather, a significant part of the Continue reading →

Operating Costs for a Nonprofit

by Vai Smith
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While it might not make sense that many of the operating costs of nonprofits and for-profit businesses are the same, if you consider the definition of operating costs, it becomes clearer. Operating costs are those expenses that cover the costs of running the business and making a product or service. For nonprofits that don’t make or sell a product, fundraising, or development, costs are considered similar to manufacturing costs. Understanding these expenses will help you create accurate budgets for a nonprofit organization. Operating Costs Operating Continue reading →