Fw: Fwd: FW: Wounded Warrior Project - A Bloody Disgrace!! Sun Mar 9, 2014 9:27 am (PDT) . Posted by: GIST WYLIE gistsr Just one more of the notices.. For those generous friends who are not aware. > > > This is a bloody disgrace. > > This comes from Guidestar (guidestar.org/) which is a great source for information. The Form 990 filed annually by not-for-profits shows where the money goes, and the Form 990 is available from Guidestar; its free >Absolutely disgusting! >Wounded Warrior Project, Inc. Review >> >>Wounded Warrior Project, Inc. (WWP) is a registered non-profit organization whose mission is to support and honor veterans. This they accomplish per their website by >> * Raising awareness and enlist the publics aid for the needs of injured service members >> * Helping injured service members aid and assist each other >> * Providing unique, direct programs and services to meet the needs of injured service members >>BBB accredited charity and a listed recipient of Combined Federal Campaign (CFC) donations. In FY 2012 reported an income of $154,958,901. A review of their expenses as noted in their 2012 IRS 990 tax return required of non-profits reflects $4,657,084 in Grants to organizations and $871,194 in Grants to individuals. This equates to about 3.5%of total income being expended in directly helping wounded warriors or (through grants) other organizations with similar goals. >> >>The following appears to be their overhead expenses for 2012: >>Compensation, >>Officers, Directors & Trustees >>$1,057,997 >>Other wages $15,415,666 >>Pension Plan $340,650 >>Employee Benefits $2,266,457 >>Payroll Taxes $1,594,740 >>Legal $499,509 >>Accounting $131,746 >>Professional Fund Raising $1,901,169 >>Advertising & Promotions $146,299 >>Office Expenses $12,451,303 >>IT $254,319 >>Occupancy (rent) $2,490,195 >>Travel $4,085,509 >>Depreciation $1,572,823 >>Insurance $215,654 >>Outside Services $20,915,404 >>Meetings and events $9,637,863 >>Direct Response Service $6,930,429 >>Promotional Items $4,055,567 >>All other expenses $3,659,493 >>Joint Costs (Expense from educational campaign and fund raising solicitation.) >>$25,576,675 >>Overhead Expenses $115,199,467.00 >>The above data was sourced from guidestar.org/. ; They are a leading source of nonprofit informationwhose mission is to revolutionize philanthropy by providing information that advances transparency, enables users to make better decisions, and encourages charitable giving. Guidestar is not a charity evaluator or watchdog. They are a 501(c)(3) public charity that collects, organizes, and presents the information in an easy-to-understand format while remaining neutral. An example of this is showing how one charity compares with similar charities (Top Score is 80.0) doing the same type of work as noted below: >> >>Charity Score Rating >>Wounded Warrior Project - FL 54.39 ««« >>USO of Illinois - IL 58.16 ««« >>DAV Service Trust - KY 55.36 ««« >>Hope For The Warriors® - NC 65.58 «««« >>Navy SEAL Foundation - VA 68.76 «««« >>See: >>charitynavigator.org/index.cfm?bay=search.summary&orgid=12842#.UokjeLXTnIV for more data on WWP. Readers are encouraged to use such sources in determining how their donations will be spent before making them. >> >>Wounded Warriors Project A Legal Scam >> >>byAlex Graham >>Wounded Vets are big money… Just when we thought it was safe to come out of the woods after the last news of the Big Six VSOs padding their bank accounts on the backs of all our disabled, along comes this article and investigation revealing nothing is sacred among thieves. >>Sad to say, the Wounded Warrior Project is bled dry by a top heavy, greedy executive structure and the remaining funds are disbursed to multi-tier distribution organizations with similar management structures.By the time the money actually goes to direct benefits for veterans, there is probably less than 10% that reaches them. >> >>Below are results of an investigation by a retired USMC Colonel: >>· Compensation for the top ten WWP employees runs from $150K to $333K per officer annually. >>· WWP was the center of controversy involving their anti-Second Amendment position…
Posted on: Tue, 11 Mar 2014 05:34:04 +0000
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