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Tags: breast cancer, cancer, survivor, stronger, sandra jordan, fight, hope, strong, strength, trendi61, susan g komen, october, pink, aunt, support, awareness, breast, breast exam, mammogram, 5k run walk, cure. Working Capital Ratio. Program Expense Growth. Liabilities to Assets.
Program Expense. Program Expense Ratio Administrative Expenses 9. Fundraising Expenses Liabilities to Assets Ratio Working Capital Ratio 0. Program Expense Growth Governance Charity Navigator looks to confirm on the Form that the organization has these governance practices in place.
More The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. Our analysts check the Form to determine if the independent Board members are a voting majority and also at least five in number.
Less No Material Diversion of Assets More A diversion of assets — any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft — can seriously call into question a charity's financial integrity.
This metric will be assigned to one of the following categories: Full Credit: There has been no diversion of assets within the last two years. Partial Credit: There has been a diversion of assets within the last two years and the charity has used Schedule O on the Form to explain: the nature of the diversion, the amount of money or property involved and the corrective action taken to address the matter. In this situation, we deduct 7 points from the charity's Accountability and Transparency score.
No Credit: There has been a diversion of assets within the last two years and the charity's explanation on Schedule O is either non-existent or not sufficient. In this case, we deduct 15 points from the charity's Accountability and Transparency score.
More Audited financial statements provide important information about financial accountability and accuracy. Partial Credit: The charity's audited financials were prepared by an independent accountant, but it did not have an audit oversight committee. In this case, we deduct 7 points from the charity's Accountability and Transparency score. No Credit: The charity did not have its audited financials prepared by an independent accountant.
More Making loans to related parties such as key officers, staff, or Board members, is not standard practice in the sector as it may divert the charity's funds away from its charitable mission and can lead to real and perceived conflict-of-interest problems.
This practice is discouraged by sector trade groups which point to the Sarbanes-Oxley Act when they call for charities to refrain from making loans to directors and executives. And the IRS is concerned enough with the practice that it requires charities to disclose on their Form any loans to or from current and former officers, directors, trustees, key employees, and other "disqualified persons. Furthermore, it is problematic because it is an indicator that the organization is not financially secure.
Less Documents Board Meeting Minutes More An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference. Charities are not required to make their Board meeting minutes available to the public.
As such, we are not able to review and critique their minutes. For this performance metric, we are checking to see if the charity reports on its Form that it does keep those minutes. In the future, we will also track and rate whether or not a charity keeps minutes for its committee meetings. Less Distributes to Board Before Filing More Providing copies of the Form to the governing body in advance of filing is considered a best practice, as it allows for thorough review by the individuals charged with overseeing the organization.
The Form asks the charity to disclose whether or not it has followed this best practice. If the charity has not distributed its Form to the board before filing, then we deduct 4 points from its Accountability and Transparency score.
Less Compensates Board More The IRS requires that any compensation paid to members of the charity's governing body be listed on the Form Furthermore, all members of the governing body need to be listed whether or not they are compensated. It is not unusual for some members of the board to have compensation listed.
The executive director of the organization frequently has a seat on the board, for instance, and is compensated for being a full time staff member. However, it is rare for a charity to compensate individuals only for serving on its Board of Directors. Although this sort of board compensation is not illegal, it is not considered a best practice. Policies Charity Navigator looks to confirm on the Form , or for some metrics on the charity's website, that the organization has these policies in place.
More Such a policy protects the organization, and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer or director of the organization. Charities are not required to share their conflict of interest policies with the public. Although we can not evaluate the substance of its policy, we can tell you if the charity has one in place based on the information it reports on its Form If the charity does not have a Conflict of Interest policy, then we deduct 4 points from its Accountability and Transparency score.
Less Whistleblower More This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report any financial mismanagement. Here we are reporting on the existence of a policy as reported by the charity on its Form Less Records Retention and Destruction More Such a policy establishes guidelines for handling, backing up, archiving and destruction of documents.
These guidelines foster good record keeping procedures that promotes data integrity. If the charity does not have a Records Retention and Destruction Policy, then we deduct 4 points from its Accountability and Transparency score. More This process indicates that the organization has a documented policy that it follows year after year. The policy should indicate that an objective and independent review process of the CEO's compensation has been conducted which includes benchmarking against comparable organizations.
We check to be sure that the charity has reported on its Form its process for determining its CEO pay. Less Donor Privacy More Donors have expressed extreme concern about the use of their personal information by charities and the desire to have this information kept confidential. Privacy policies are assigned to one of the following categories: Yes: This charity has a written donor privacy policy published on its website, which states unambiguously that 1 it will not share or sell a donor's personal information with anyone else, nor send donor mailings on behalf of other organizations or 2 it will only share or sell personal information once the donor has given the charity specific permission to do so.
Opt-out: The charity has a written privacy policy published on its website which enables donors to tell the charity to remove their names and contact information from lists the charity shares or sells. How a donor can have themselves removed from a list differs from one charity to the next, but any and all opt-out policies require donors to take specific action to protect their privacy.
No: This charity either does not have a written donor privacy policy in place to protect their contributors' personal information, or the existing policy does not meet our criteria. Less Partial. Transparency Charity Navigator looks to confirm on the Form , or for some metrics on the charity's website, that the organization makes this information easily accessible. Our analysts check to be sure that the charities complied with the Form instructions and included this information in their filing.
Less Board of Directors Listed on Website More Our analysts check to see if the charity lists Board members on its website. Publishing this information enables donors and other stakeholders to ascertain the make up of the charity's governing body. This enables stakeholders to report concerns to the Board. Charity Navigator does not cross-check the Board members listed on the website with that reported on the Form , because the latter often isn't available until more than a year after the charity's fiscal year ends.
In that time, the charity's Board members may have changed, and the charity typically reflects those more recent changes on the website. Less Key Staff Listed on Website More It is important for donors and other stakeholders to know who runs the organization day-to-day.
Charity Navigator does not cross-check the leadership listed on the website with that reported on the Form because the latter often isn't available until more than a year after the charity's fiscal year ends. In that time, the charity's leadership may have changed and the charity typically reflects those more recent changes on the website. In other words, since the Form isn't especially timely, it can not be used to verify the leadership information published on the charity's site.
Less Audited Financial Statements on Website More We check the charity's website to see if it has published its audited financial statements for the fiscal year represented by the most recently filed IRS Form It is important for donors to have easy access to this financial report to help determine if the organization is managing its financial resources well.
We currently rate charities on whether or not they publish their audit on their website. Receipts should arrive by mail approximately four to six weeks from the date it was deposited. Q: Is my donation tax-deductible? A: Contributions to Susan G.
Komen may be tax-deductible to the fullest extent permissible by law. Please consult your tax advisor for more information. Q: If a business donates items like food or auction items for my Passionately Pink event, can I get a tax receipt for that donation? Komen can only provide tax receipts for items donated directly to Komen. Unless your Passionately Pink event is a registered non-profit organization, items donated for the event cannot receive a tax receipt from Komen.
If you want these donations reflected on the fundraising thermometer on your Passionately Pink webpage, log in to your Event Center and report these gifts on the Progress Page. Q: When are the donations due? A: We encourage event coordinators to send in their donations as soon as donations are collected, but donations may be sent in at any time throughout the year.
Q: Can donations be made online? A: We encourage online donations! Donors can click Give to an Event on the Passionately Pink website to find a specific team's fundraising page, or to make a general Passionately Pink donation. Q: How should checks be made out? Checks should be accompanied by a completed Donation Reply Form available for download at www.
A: We strongly recommend that all Passionately Pink team captains keep records of the individual donations they receive, and enter them on their fundraising webpage through the Progress page in the online Team Center. Q: Can my gift be matched? A: Many companies offer matching gift programs for charitable donations, and each matching gift program is different.
Ask your HR department if your company has a matching gift program, then ask if Susan G. If both answers are yes, then your HR department should be able to provide you with the necessary forms and instructions. Q: Do I need a W-9 form, c 3 form or additional paperwork to complete my donation? Q: How do I update my online fundraising thermometer to reflect current donations? Q: Can other people join my Passionately Pink event and have their own fundraising webpages? A: Everyone who registers as a Passionately Pink for the Cure team captain is eligible to receive one of four fundraising kits: "Green Kit" Pin Kit Sticker Kit Tearpad kit If you prefer to download printed materials, all kit materials except for the pins, stickers, and tearpads are available at no cost on the Passionately Pink website.
Q: What is included in the "Green" Kit? A: The Pin kit contains non-paper items in our efforts to reduce materials and be environmentally-friendly, which includes: Passionately Pink program brochure Promotional posters Breast health information A donation reply form and return envelope Collectible lapel pins You can download all paper-materials on our website under the Downloadable Support Materials section.
Q: What is included in the Pin Kit? A: The Tearpad kit includes: Pasionately Pink program brochure Promotional posters Breast health information A donation reply form and return envelope Tear pads Q: When will I receive my fundraising kit? Q: Can I request additional Fundraising Kit materials? Q: What do I do with any extra Fundraising Kit materials? A: If you have leftover Passionately Pink materials in good condition after your event, you can return them to: Susan G.
A: Because Susan G. Komen is a non-profit organization dedicated to ending breast cancer, we do not donate items for personal fundraising efforts. However, people who register a personal fundraising event on the Passionately Pink webpage receive a variety of support materials, including a fundraising webpage and multiple fundrasing kit optoins, which are a great way to thank donors.
Q: Where can I buy pink ribbon merchandise? Q: May we create and sell our own Passionately Pink items?
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