Saturday, March 2, 2013

Have you been solicited for donations every year by the Paralyzed Veterans of America?

We are solicited for donations every year by the Paralyzed Veterans of America. This year, I finally got around to checking them out on Charity Navigator. Below, I've briefed-down the info I found, but the bottom line is -- no more contributions from me. Fully two-thirds of their income goes for fundraising and administration. While I believe some veterans may have derived benefits from PVA's work, many, many charitable organizations out there run a much more efficient, effective operation.
(Starting up a non-profit like this one is a great way to guarantee a cushy job and good income for life.)

I looked up Paralyzed Veterans of America on Charity Navigator. They scored a miserable NO Stars = EXCEPTIONALLY POOR rating ("Performs far below industry standards and below nearly all charities in its Cause.") After going through the analysis, I decided to send PVA a thank-you note for the free address labels.....period.
Here are a few measurements I picked out of the lengthy report.

Paralyzed Veterans of America
Maximizing the quality of life for veterans and all people with spinal cord injury or disease (So they say!)

Score (out of 70) Rating
Overall 20.45
Financial 0.00
Accountability & Transparency 67.00
Financial Performance Metrics
Program Expenses 33.1%
Administrative Expenses 6.8%
Fundraising Expenses 59.9%
Fundraising Efficiency $0.66
Primary Revenue Growth 0.5%
Program Expenses Growth 0.6%
Working Capital Ratio (years) 0.26

Compensation of Leaders (FYE 09/2011)

Compensation % of Expenses Paid to Title
$189,983 0.16% Homer Townsend Executive Director
Other Salaries of Note
$205,713 0.17% William Mailander General Counsel
$202,463 0.17% John Ring Chief Financial Officer
$190,440 0.16% Mark Dowis Director of Development

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