what percentage of money donated to red cross goes to victims

Height-Rated Clemency

Program Percentage

Amount spent on programs
relative to overhead.

Cost to Heighten $100

Amount spent to raise
$100 of contributions.

Contact Information

American Red Cross
431 18th Street, NW
Washington , DC 20006-5009

Other Names

American National Red Cross
Red Cross

Stated Mission

Prevents and alleviates human being suffering in the face up of emergencies by mobilizing the power of volunteers and the generosity of donors.

Ratings & Metrics

Data based on Financial Year Ended 06/30/2019

Program Percentage: 90%

The percentage of American Reddish Cross'south cash budget it spends on programs relative to overhead (fundraising, management, and full general expenses).

$2,926,000,000

Calculated Total Expenses

(rounded)

Cost to Raise $100: $24

How many dollars American Red Cantankerous spends on fundraising to raise each $100 of contributions.

$749,000,000

Calculated Full Contributions

(rounded)

Government Funding

0% to 24%

Per centum of cash revenue
coming from government sources

Financial Documents

Entity Certificate Blazon Taxation ID
American National Red Cross IRS Form 990 53-0196605
American National Red Cross Consolidated Audited Financial Statements Multiple
Entity: American National Cherry Cross
Document Type: IRS Grade 990
Tax ID: 53-0196605
Entity: American National Red Cross
Document Blazon: Consolidated Audited Financial Statements
Revenue enhancement ID: Multiple

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a clemency's willingness to be open and transparent with CharityWatch to be a good litmus examination for determining its commitment to public accountability.

American Red Cross
meets governance benchmarks.

American Red Cross
meets transparency benchmarks.

Transparency
Provides Financial Data
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rising to conflicts
Reports having a written Whistleblower Policy
Reports having a written Certificate Retentivity and Destruction Policy
Governance: Financials
Reports providing copy of tax course to all board members prior to filing information technology with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-In Policy

Top Salaries

Proper name Championship Compensation
ane Gail McGovern President/CEO $709,164
2 Clifford Holtz COO $700,415
3 Shaun Gilmore Chief Transformation Officeholder $651,238
i
Name: Gail McGovern
Title: President/CEO
Compensation: $709,164
2
Name: Clifford Holtz
Title: COO
Compensation: $700,415
3
Proper name: Shaun Gilmore
Title: Main Transformation Officeholder
Bounty: $651,238

Analysts' Notes

CharityWatch Analysts perform an in-depth analysis of charities' audited fiscal statements and IRS tax filings, and often review other documents such as state filings, almanac reports, and fundraising contracts during their evaluations. Beneath are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of the American Cherry Cross includes the financial activities of the entities included in the Red Cross consolidated audit of June xxx, 2019. These entities are described in the consolidated inspect (Annotation one) equally follows:

"... The Organization has national and international programs that are conducted by its headquarters, biomedical services, and chapters. Also included in the consolidated fiscal statements are the net assets and operations of Boardman Indemnity Ltd., a 100% owned captive insurance subsidiary and ARC Receivables Company, LLC, a wholly owned defalcation-remote special purpose entity. All significant intraorganizational accounts and transactions have been eliminated."

The American Cerise Cross received donated in-kind services and materials on which it placed a value of approximately $70 meg in financial 2019, according to its Audited Consolidated Statement of Activities for the year ended June 30, 2019.


According to the Ruby-red Cross consolidated audit of June thirty, 2019 (Note one(n), Contributed Services and Materials):

"... Contributed services for the yr concluded June 30, 2019 include the services of approximately 13,177 volunteers. The Organization recorded contributed services revenue and related expense of approximately $51 million. The $51 million and $53 one thousand thousand recorded in 2019 and 2018, respectively, represent primarily volunteer efforts in support of disaster services and services to the Armed Forces."

[Note: CharityWatch by and large excludes the value of in-kind (non-greenbacks) donations of appurtenances and services from its calculations of Programme % and Cost to Raise $100. More data on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the American National Red Cross revenue enhancement filing for the fiscal year ended June 30, 2019 re: Bounty, Supplemental Information (IRS Course 990, Schedule J, Role Three):

Regarding severance payments to officers, directors, trustees, central employees and highest compensated employees (Schedule J, Role I, Line 4A):

"The amounts shown in Part II, Column B (III) ['Other reportable bounty'] are severance payments in the amount of $185,500 for David Meltzer, General Counsel & Chief International Officeholder and $142,304 for Greg Williamson, Chief Investment Office[r]. Greg Williamson also received a $100,000 bonus at separation."


Regarding nonfixed payments to officers, directors, trustees, primal employees and highest compensated employees (Schedule J, Function I, Line 7):

"The amounts shown in Function Two, Column B (II) ['Bonus & incentive compensation'] for the President & CEO, the Chief Fiscal Officer, the President Biomedical Services, the Main Operating Officeholder, the Primary Transformation Officer, the Master Human Resources Officer, the Chief Development Officer, the President Humanitarian Services, and the Main Marketing Officer were paid based on written variable incentive plans for prior financial year performance and were approved past the compensation and direction development committee of the board.

"The amount shown in Part II, Column B (2) for the Annotator V, Investments and Primary Information Officer were paid based on a written variable incentive plan for prior fiscal twelvemonth performance and were approved past the Chief Financial Officer. The corporeality shown in Role Ii, Column B (II) for the President, Training Services was paid based on a written incentive plan for prior financial year functioning and were canonical by the Chief Operating Officeholder. The SVP Collections was based on a written incentive plan for prior fiscal year performance and was approved past the President Biomedical Services."


The reported "Bonus & incentive bounty" amounts by the Red Cross range from a loftier of $140,140 to a depression of $42,382 for xiv full individuals in calendar year 2018. The $140,140 was paid to the Master Operating Officeholder, Clifford Holtz, with reported total compensation of $700,415 in 2018 (IRS Form 990, Schedule J, Part 2).


Related External Articles

rogersongolind.blogspot.com

Source: https://www.charitywatch.org/charities/american-red-cross

0 Response to "what percentage of money donated to red cross goes to victims"

Post a Comment

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel