efile Public Visual Render
ObjectId: 201613149349301086 - Submission: 2016-11-09
TIN: 06-1008595
Form
990
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private
foundations)
Do not enter social security numbers on this form as it may be made public.
Information about Form 990 and its instructions is at
www.IRS.gov/form990
.
OMB No. 1545-0047
20
15
Open to Public Inspection
A
For the 2015 calendar year, or tax year beginning
07-01-2015
, and ending
06-30-2016
B
Check if applicable:
Address change
Name change
Initial return
Final return/terminated
Amended return
Application pending
C
Name of organization
AmeriCares Foundation Inc
% RICHARD K TROWBRIDGE
Doing business as
Number and street (or P.O. box if mail is not delivered to street address)
88 HAMILTON AVENUE
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
STAMFORD
,
CT
069023111
D Employer identification number
06-1008595
E Telephone number
(203) 658-9500
G
Gross receipts $
939,270,935
F
Name and address of principal officer:
Michael J nyenhuis
88 HAMILTON AVENUE
STAMFORD
,
CT
06902
I
Tax-exempt status:
501(c)(3)
501(c)
(
)
(insert no.)
4947(a)(1)
or
527
J
Website:
WWW.AMERICARES.ORG
H(a)
Is this a group return for
subordinates?
Yes
No
H(b)
Are all subordinates
included?
Yes
No
If "No," attach a list. (see instructions)
H(c)
Group exemption number
K
Form of organization:
Corporation
Trust
Association
Other
L
Year of formation:
1979
M
State of legal domicile:
CT
Part I
Summary
1
Briefly describe the organization’s mission or most significant activities:
AMERICARES IS A health-focused relief & development organization that responds to people affected by poverty or disaster with life-changing health programs, medicine & supplies.
2
Check this box
3
Number of voting members of the governing body (Part VI, line 1a)
........
3
21
4
Number of independent voting members of the governing body (Part VI, line 1b)
.....
4
20
5
Total number of individuals employed in calendar year 2015 (Part V, line 2a)
......
5
141
6
Total number of volunteers (estimate if necessary)
.............
6
29
7a
Total unrelated business revenue from Part VIII, column (C), line 12
........
7a
0
b
Net unrelated business taxable income from Form 990-T, line 34
.........
7b
Prior Year
Current Year
8
Contributions and grants (Part VIII, line 1h)
.........
740,300,393
914,486,587
9
Program service revenue (Part VIII, line 2g)
.........
749,806
776,992
10
Investment income (Part VIII, column (A), lines 3, 4, and 7d )
....
948,347
562,583
11
Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)
-1,972
-92,516
12
Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)
741,996,574
915,733,646
13
Grants and similar amounts paid (Part IX, column (A), lines 1–3 )
...
577,705,085
796,944,297
14
Benefits paid to or for members (Part IX, column (A), line 4)
.....
0
0
15
Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)
12,440,189
13,181,279
16a
Professional fundraising fees (Part IX, column (A), line 11e)
.....
1,012,029
1,381,661
b
Total fundraising expenses (Part IX, column (D), line 25)
10,121,662
17
Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)
....
49,373,232
170,579,617
18
Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)
640,530,535
982,086,854
19
Revenue less expenses. Subtract line 18 from line 12
.......
101,466,039
-66,353,208
Beginning of Current Year
End of Year
20
Total assets (Part X, line 16)
.............
220,882,959
153,730,999
21
Total liabilities (Part X, line 26)
.............
8,928,562
8,848,399
22
Net assets or fund balances. Subtract line 21 from line 20
.....
211,954,397
144,882,600
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
2016-11-08
Signature of officer
Date
RICK TROWBRIDGE
Senior VP,CFO & Tres
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Scott Thompsett
Preparer's signature
Scott Thompsett
Date
Check
if
self-employed
PTIN
P00741490
Firm's name
GRANT THORNTON LLP
Firm's EIN
Firm's address
757 THIRD AVE 2ND FLOOR
NEW YORK
,
NY
100172013
Phone no.
(212) 599-0100
May the IRS discuss this return with the preparer shown above? (see instructions)
..........
Yes
No
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form
990
(2015)
Page 2
Form 990 (2015)
Page
2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III
..............
1
Briefly describe the organization’s mission:
As the number one nonprofit provider of donated medicines and supplies, Americares reached 93 countries in FY16 with medicine, medical supplies, support and technical assistance valued at nearly $825 million through our Emergency and Global Health programs in FY16. Through these programs, we worked to save lives and improve health for people affected by poverty or disaster so they can reach their full potential. Through collaboration with our extensive worldwide partner network, we committed nearly $8.1 million of new support to 46 health projects and activities in 27 countries that will directly benefit an estimated 770,000 individuals. In addition, we leveraged more than $794 million worth of donated and procured commodities to support projects and activities and to relieve shortages of medicines and supplies through our health partners, including enough medicines to fill nearly 25 million prescriptions and more than 30 million units of supplies.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ?
.....................
Yes
No
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services?
...........................
Yes
No
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a
(Code:
) (Expenses $
18,519,894
including grants of $
14,853,288
) (Revenue $
)
Emergency Response Programs In all, in FY16 Americares Emergency Programs provided medicine, supplies and project support to partners in 24 countries and 12 U.S. states across the spectrum of preparedness, response and recovery. Americares responded to 30 emergencies in 24 countries, including drought, floods, earthquakes, tornadoes, tropical storms, conflicts, and disease outbreaks. Our Emergency Programs work also included preparedness initiatives in three countries and recovery work in two countries to strengthen health system components following disaster. Preparedness: In FY16, Americares conducted preparedness initiatives in three countries to prepare people in the event of a future disaster. More than 9,400 people took part in these activities. These preparedness initiatives focused on building the resilience of communities and health systems to withstand future disasters. Americares completed two pilot projects in Myanmar and El Salvador, which focused on building community resilience to disasters, while in the United States, Americares developed guidebooks, conducted webinars, and provided coaching programs to help free clinics and community health centers better prepare for disasters. Americares was able to leverage technology in its preparedness and disaster risk reduction programs: in El Salvador and Myanmar, advanced monitoring and evaluation was supported through utilizing online survey tools, and participatory mapping was employed to help communities understand, identify and address disaster risk spatially, combining local knowledge with satellite imagery, and informing disaster risk reduction action planning and future disaster response coordination. In the United States, Americares utilized e-learning strategies to reach communities across the country. Response: In FY16, Americares response in the immediate aftermath of 30 emergencies in 24 countries included product donations of enough medicine to fill more than 223,000 prescriptions to help health workers on the front lines care for survivors. Key items included vaccines, antibiotics, wound care items, chronic disease medicines and clean water supplies. Americares largest emergency programs responses took place in Ecuador and Fiji. In response to a magnitude 7.8 earthquake in Ecuador on April 16 that killed 660 people and damaged or destroyed 35 health facilities, Americares provided medicine and medical supplies valued at $3.8 million. The response included emergency response staff that assessed damage and unmet health needs and collaborated with local health organizations to restore health services for survivors. The strongest tropical cyclone ever recorded in the southern hemisphere, Tropical Cyclone Winston battered Fiji on February 20 and 21 and caused extensive damage to the archipelago nation, affecting nearly 350,000 people (40 percent of the population). Americares deployed an emergency response team on February 21 to Fiji to assess damages and unmet health needs. Ultimately, Americares delivered over $1.6 million worth of medicines and supplies to meet disaster needs and restock clinics in the island nation. In addition, Americares response and supply chain staff worked hand in hand with the Fiji Ministry of Health to organize, distribute, and track donated medicine and medical supplies from a number of different donors. Americares is also working to stop the spread of Zika, especially with respect to pregnant women and their newborns. In FY16 in El Salvador, Americares designed and is implementing a Zika prevention program that includes: strengthening local health systems; raising community awareness; providing prevention kits and education to pregnant mothers; and eradicating mosquitos using larvicide and insecticide. Americares is also supporting partner-led Zika prevention efforts in Colombia and Haiti through funding and technical support. In FY16, Americares provided insect repellant to partners in the U.S. southeast and Puerto Rico. Americares continued to solidify its position as an emergency response industry leader, with staff members serving as Chair of Disaster Health Committee and serving on the Board of Directors of the National Voluntary Organizations Active in Disaster (VOAD), including serving on the Executive Committee as Assistant Treasurer, serving as subject-matter expert in national initiatives including National Health Security Preparedness Index and publications accepted in scholarly journals. Recovery: Americares most robust recovery programs in FY16 were in Nepal and the Philippines; both focused on rebuilding damaged health facilities and addressing disaster-related mental health and psychosocial needs. In both locations, we leveraged the experience of our own engineers, as well as local partners and an international engineering firm, to ensure that the rebuilt health facilities are more resilient in future disasters. In Nepal, Americares maintains an office in Kathmandu with 10 staff including project-based staff, who managed projects including reconstruction of 13 health facilities in two districts, which will directly benefit an estimated 26,000 people. We partnered with another NGO to provide intensive physical rehabilitation services through the Injury and Rehabilitation Unit in Chautara. With local partners, we implemented an innovative drama-based mental health and psychosocial project in six earthquake-affected districts. In FY16, 665 community health workers received training and an estimated 121,700 people were reached at 378 public drama performances. In the Philippines, we are continuing to rebuild and equip health facilities as part of the final phase of our Typhoon Haiyan recovery program. In FY16, 83 facilities were completed and handed over to the Department of Health. Additional programming included continuation of a community focused mental health and psychosocial support program in Northern Cebu: Three mental health centers were established; 74 health professionals completed a train-the-trainers workshop; and 170 midwives and health workers were trained to recognize signs of mental illness. The program concluded March 2016. Americares maintains a coordination office in central Manila, which is a government-registered branch office with three administrative staff and one emergency response coordinator as well as six field-based project staff in the Visayas region.
4b
(Code:
) (Expenses $
949,017,478
including grants of $
782,091,009
) (Revenue $
776,992
)
Global Health Programs Americares supports frontline health workers through projects and activities that leverage critically needed medicines and supplies to catalyze innovative, sustainable health improvements in their communities. In FY16, Americares supported partners in 87 countries with medicine, medical supplies, and project and activity support through our Global Health Programs. Americares achieved this through a variety of programs and projects. Key themes of these projects/activities included maternal and child health, non-communicable diseases and infectious diseases. Our FY16 health projects and activities include the following: In Tanzania, Americares program expansion to three additional hospitals in the Lake Zone continued. Milestones this year included training 893 health workers and medical students on the Health Worker Safety curriculum, installing IPC compliant sink taps at Musoma and Sengerema hospitals and installing sinks and running water in the labor unit of Sengerema Hospital. In Bonthe, Sierra Leone, Americares made major progress in its Infection Prevention and Control program. Progress included 240 health workers and 498 nursing students trained in IPC guidelines; 212 health workers trained in patient safety guidelines; running water restored, sinks installed in all wards and a patient screening/triage unit built at Mattru Hospital; waste incinerators repaired at Bonthe Government Hospital and Mattru Hospital; three-year supply of personal protective equipment procured for Bonthe and Mattru hospitals; and IPC/patient safety committees established at both facilities. Maternal and newborn health was the primary focus of our team's work in Liberia. In FY16, Americares hired an expert nurse midwife to support our Grand Bassa maternal health project and provide supervisory support and mentoring to 18 local nurse midwives. In Liberia, Americares made significant progress with its maternal and child health focused programming. In Oct 2015, Americares completed the renovation of the existing maternity unit along with the construction of a new maternity wing at the Liberia Government Hospital in Grand Bassa. These improvements added 23 beds to the facility. Since the completion of the renovation work, the hospital has seen 901 births and 3,165 antenatal care visit. Every year, Americares Global Health Program also supports teams of medical volunteers that, in FY17, made 1,035 trips to 77 countries with Americares donated products, including enough medicine to fill more than 1.3 million prescriptions and more than 3 million units of supplies. These volunteers treated more than 776,000 primary care patients and performed nearly 48,000 surgeries. FY16 was year two of Americares Safe Surgery Initiative which aims to improve access to safe surgery in low-resource settings. In FY16, Americares facilitated the placement of 646 pulse oximeters with volunteer medical teams traveling to 42 countries; the volunteers also trained 107 staff in-country staff. Pulse oximeters are on the World Health Organization Surgical Safety Checklist; Americares also makes the checklist available to volunteer medical teams and 56 teams requested the checklist for the medical volunteer trips in 30 countries. Americares Pediatric Nutrition Project in Vietnam continued. In FY16, the nutrition project (which is conducted in partnership with Abbott and the Abbott Fund) served nearly 3,000 students in 17 schools and saw drops in malnutrition rates in all areas. We reached our goal of reducing both the malnutrition and anemia rates by more than 15 percent of malnourished students. We also met our goal of reducing the stunting rate by more than 5 percent in all schools. This year we began to address malnutrition and anemia in parents: Of the malnourished students mothers who were determined as anemic at the beginning of the school year, overall, 24 percent were no longer anemic at the end of the school year. In year eight of Americares breast cancer project in Cambodia, in partnership with Sihanouk Hospital Center of Hope and AstraZeneca, the program increased awareness by distributing 11,900 brochures and educating 2,000 additional women through the peer education program. As a result, 586 women were evaluated or screened, 345 existing patients received follow up care and 86 mastectomies were conducted at the hospital. Our Global Health Program includes a primary care clinic in Santiago de Maria, El Salvador, and support for model primary care clinics in Mumbai, India. In El Salvador during FY16, the Americares Family Clinic in Santiago de Maria saw more than 32,000 unique patients. This represents an increase of 29 percent in unique patients over FY15, which demonstrates ongoing progress in terms of patients knowledge of our services and satisfaction with the care we provide. Americares Family Clinic also provided patient education programs over 112,000 participants. Our skilled, compassionate staff of 99 paid health care professionals were assisted by 20 volunteers who dedicate their time and expertise. Americares clinic, known as Clnica Integral de Atencin Familiar in El Salvador, continues implementing a comprehensive multi-year quality program to improve the efficacy of its diabetes and hypertension prevention and management. The program specifically focuses on helping patients mitigate the risk factors that lead to diabetes and hypertension, and supports active disease management through reinforced patient education held at the clinic and in the communities where patients live and work. We also began conducting health fairs for our organized partner communities focused on risk factor awareness building and identification, newly augmented with a dedicated Body Mass Index screening component. Screening began in June 2015 and we have thus far conducted BMI screenings and provided educational services for 1,572 participants during these events. Through our partner in India, Americares India, Americares manages health promotion programs and a robust mobile clinic program that brings primary care to the doorsteps of marginalized communities in urban slums in Mumbai. During FY16, more than 80,000 unique patients sought care through more than 100,000 consultations. The mobile clinics also provided diabetic and antihypertensive treatment to over 6,900 patients during FY16. Nearly 12,000 children under age 12 visited our mobile clinics in FY16 (22 percent of total patients). In the U.S. Americares U.S Program remains the largest provider of donated medical aid to the U.S. safety net, delivering more than $205 million in medicines and supplies last year to its network of free and charitable clinics in all 50 states. To enhance supply chain integrity, Americares conducted site visits and in person audits with the 10 partners that received the highest value of Americares donations in FY16 and online audits with an additional 50 partners, an increase over the 30 partners audited online in FY15. Through its Patience Assistance Program, Americares provided more than 136,000 low-income un- and underinsured patients access to branded medicines. We delivered enough medicines to fill nearly 141,000 prescriptions, worth $176 million, to patients in the U.S., Puerto Rico, Guam and the USVI.U.S. FY16 projects and activities include five health programs, two of which are in the pilot phase. These projects will expand the capacity of partner clinics to serve their low-income patients. Our continued partnership with Loyola University in the first national census of free and charitable clinics in 10 years also establishes Americares as a foundational partner to the health care safety net. Evidence-based Programs included: Capacity-building programs for free and charitable clinics focused on preventing prediabetes and on treating hypertension; A unique mental health initiative, which, in FY16, saw substantial growth in partners and in value of pharmaceutical and other products distributed ($17.8 million) to 88 behavioral health partners in 20 states in this new subset of the health care safety net. Development of pharmacy inventory software designed specifically for free and charitable clinics to strengthen supply chain integrity; and Assessment of the role of texted reminders and a committed supply of medicine on patients prescription adherence. In addition to the numbers reported above, Americares Global Health Programs utilized $903,697 in Contributed Services.
4c
(Code:
) (Expenses $
including grants of $
) (Revenue $
)
4d
Other program services (Describe in Schedule O.)
(Expenses $
including grants of $
) (Revenue $
)
4e
Total program service expenses
967,537,372
Form
990
(2015)
Page 3
Form 990 (2015)
Page
3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?
If "Yes," complete Schedule A
.....................
1
Yes
2
Is the organization required to complete
Schedule B, Schedule of Contributors
(see instructions)?
...
2
Yes
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?
If "Yes," complete Schedule C, Part I
.............
3
No
4
Section 501(c)(3) organizations.
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?
If "Yes," complete Schedule C, Part II
..............
4
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?
If "Yes," complete Schedule C, Part III
.................
5
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?
If "Yes," complete Schedule D, Part I
..................
6
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures?
If "Yes," complete Schedule D, Part II
...
7
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets?
If "Yes," complete Schedule D, Part III
.............
8
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?
If "Yes," complete Schedule D, Part IV
..............
9
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?
If "Yes," complete Schedule D, Part V
......
10
Yes
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.
...................
11a
Yes
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16?
If "Yes," complete Schedule D, Part VII
.......
11b
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16?
If "Yes," complete Schedule D, Part VIII
.......
11c
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16?
If "Yes," complete Schedule D, Part IX
............
11d
No
e
Did the organization report an amount for other liabilities in Part X, line 25?
If "Yes," complete Schedule D, Part X
11e
Yes
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)?
If "Yes," complete Schedule D, Part X
11f
Yes
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII
.................
12a
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year?
If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional
12b
Yes
13
Is the organization a school described in section 170(b)(1)(A)(ii)?
If "Yes," complete Schedule E
13
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?
.....
14a
Yes
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?
If "Yes," complete Schedule F, Parts I and IV
.........
14b
Yes
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization?
If “Yes,” complete Schedule F, Parts II and IV
.....
15
Yes
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals?
If “Yes,” complete Schedule F, Parts III and IV
...
16
Yes
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e?
If "Yes," complete Schedule G, Part I
(see instructions)
....
17
Yes
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a?
If "Yes," complete Schedule G, Part II
............
18
Yes
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a?
If "Yes," complete Schedule G, Part III
...................
19
No
20a
Did the organization operate one or more hospital facilities?
If "Yes," complete Schedule H
....
20a
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
Form
990
(2015)
Page 4
Form 990 (2015)
Page
4
Part IV
Checklist of Required Schedules
(continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1?
If “Yes,” complete Schedule I, Parts I and II
.....
21
Yes
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2?
If “Yes,” complete Schedule I, Parts I and III
........
22
Yes
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees?
If "Yes," complete Schedule J
.......................
23
Yes
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?
If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a
...............
24a
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?
...
24b
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?
...............
24c
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
...
24d
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations.
Did the organization engage in an excess benefit transaction with a disqualified person during the year?
If "Yes," complete Schedule L, Part I
............
25a
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ?
If "Yes," complete Schedule L, Part I
...................
25b
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?
If "Yes," complete Schedule L, Part II
................
26
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?
If "Yes," complete Schedule L, Part III
.........
27
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee?
If "Yes," complete Schedule L,
Part IV
........................
28a
No
b
A family member of a current or former officer, director, trustee, or key employee?
If "Yes," complete Schedule L, Part IV
.....................
28b
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?
If "Yes," complete Schedule L, Part IV
...
28c
No
29
Did the organization receive more than $25,000 in non-cash contributions?
If "Yes," complete Schedule M
..
29
Yes
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?
If "Yes," complete Schedule M
.............
30
No
31
Did the organization liquidate, terminate, or dissolve and cease operations?
If "Yes," complete Schedule N, Part I
.
31
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?
If "Yes," complete Schedule N, Part II
...........
32
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?
If "Yes," complete Schedule R, Part I
........
33
No
34
Was the organization related to any tax-exempt or taxable entity?
If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1
.........................
34
Yes
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)?
If "Yes," complete Schedule R, Part V, line 2
...
35b
No
36
Section 501(c)(3) organizations.
Did the organization make any transfers to an exempt non-charitable related organization?
If "Yes," complete Schedule R, Part V, line 2
.............
36
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?
If "Yes," complete Schedule R, Part VI
37
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19?
Note.
All Form 990 filers are required to complete Schedule O.
............
38
Yes
Form
990
(2015)
Page 5
Form 990 (2015)
Page
5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V
...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable
..
1a
86
b
Enter the number of Forms W-2G included in line 1a.
Enter -0-
if not applicable
.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?
..................
1c
Yes
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return
..................
2a
141
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note.
If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?
...
3a
No
b
If “Yes,” has it filed a Form 990-T for this year?
If “No” to line 3b, provide an explanation in Schedule O
...
3b
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?
..
4a
Yes
b
If "Yes," enter the name of the foreign country:
ES
,
HA
,
IN
,
LI
,
SL
,
NP
,
RP
,
TZ
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?
..
5a
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T?
............
5c
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?
...
6a
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?
......................
6b
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?
....................
7a
Yes
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?
.....
7b
Yes
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?
.........................
7c
No
d
If "Yes," indicate the number of Forms 8282 filed during the year
....
7d
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
..
7f
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
......................
7g
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?
..........................
7h
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?
.........................
8
9a
Did the sponsoring organization make any taxable distributions under section 4966?
...
9a
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?
...
9b
10
Section 501(c)(7) organizations.
Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12
...
10a
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
11
Section 501(c)(12) organizations.
Enter:
a
Gross income from members or shareholders
.........
11a
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.)
..........
11b
12a
Section 4947(a)(1) non-exempt charitable trusts.
Is the organization filing Form 990 in lieu of Form 1041?
12a
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note.
See the instructions for additional information the organization must report on Schedule O.
13a
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans
....
13b
c
Enter the amount of reserves on hand
............
13c
14a
Did the organization receive any payments for indoor tanning services during the tax year?
.....
14a
No
b
If "Yes," has it filed a Form 720 to report these payments?
If "No," provide an explanation in Schedule O
..
14b
Form
990
(2015)
Page 6
Form 990 (2015)
Page
6
Part VI
Governance, Management, and Disclosure
For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI
..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
21
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
20
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee?
.................
2
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person?
.
3
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
...........................
4
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets?
.
5
No
6
Did the organization have members or stockholders?
................
6
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body?
....................
7a
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body?
...................
7b
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body?
.......................
8a
Yes
b
Each committee with authority to act on behalf of the governing body?
............
8b
Yes
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address?
If "Yes," provide the names and addresses in Schedule O
.......
9
No
Section B. Policies
(
This Section B requests information about policies not required by the Internal Revenue Code.
)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates?
............
10a
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?
............................
11a
Yes
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990.
.....
12a
Did the organization have a written conflict of interest policy?
If "No," go to line 13
.......
12a
Yes
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts?
..........................
12b
Yes
c
Did the organization regularly and consistently monitor and enforce compliance with the policy?
If "Yes," describe in Schedule O how this was done
...................
12c
Yes
13
Did the organization have a written whistleblower policy?
...............
13
Yes
14
Did the organization have a written document retention and destruction policy?
.........
14
Yes
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official
...........
15a
Yes
b
Other officers or key employees of the organization
................
15b
Yes
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year?
......................
16a
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements?
............
16b
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filed
AL
,
AK
,
AR
,
CA
,
CO
,
CT
,
DC
,
FL
,
GA
,
HI
,
IL
,
IN
,
KS
,
KY
,
LA
,
ME
,
MD
,
MA
,
MI
,
MN
,
MS
,
MT
,
NV
,
NH
,
NJ
,
NM
,
NY
,
NC
,
ND
,
OH
,
OK
,
OR
,
PA
,
RI
,
SC
,
TN
,
UT
,
VA
,
WA
,
WV
,
WI
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
Own website
Another's website
Upon request
Other (explain in Schedule O)
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
RICHARD K TROWBRIDGE
88 HAMILTON AVENUE
STAMFORD
,
CT
06902
(203) 658-9500
Form
990
(2015)
Page 7
Form 990 (2015)
Page
7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII
..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a
Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
List all of the organization’s
current
officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.
List all of the organization’s
current
key employees, if any. See instructions for definition of "key employee."
List the organization’s five
current
highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.
List all of the organization’s
former
officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.
List all of the organization’s
former directors or trustees
that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W- 2/1099-MISC)
(E)
Reportable compensation from related organizations (W- 2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
(1)
Elizabeth P Allen
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(2)
Carol B Bauer
......................................................................
Vice Chair
1.0
.................
0.0
X
X
0
0
0
(3)
Elizabeth F Frank
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(4)
C Robert Henrikson
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(5)
Paul J Kuehner
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(6)
Jerry P Leamon
......................................................................
Chairman (From 02/5/16)
1.0
.................
0.0
X
X
0
0
0
(7)
Robert G Leary
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(8)
Alma Jane Macauley
......................................................................
Vice Chairman
1.0
.................
0.0
X
X
0
0
0
(9)
C Dean Maglaris
......................................................................
Chairman (Thru 02/5/16)/Dir.
1.0
.................
0.0
X
0
0
0
(10)
Robert Baylis
......................................................................
Director
1.0
.................
X
0
0
0
(11)
Joseph J Rucci Jr
......................................................................
Director and Secretary
1.0
.................
0.0
X
X
0
0
0
(12)
Michael J Nyenhuis
......................................................................
President & CEO
40.0
.................
0.0
X
X
363,186
0
34,362
(13)
Samhita Jayanti
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(14)
Keith McAllister
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(15)
Alan Rwambuya
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(16)
Stephen Sadove
......................................................................
Director
1.0
.................
0.0
X
0
0
0
(17)
Stephen Gallucci
......................................................................
Director
1.0
.................
0.0
X
0
0
0
Form
990
(2015)
Page 8
Form 990 (2015)
Page
8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
(continued)
(A)
Name and Title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W- 2/1099-MISC)
(E)
Reportable compensation from related organizations (W- 2/1099-MISC)
(F)
Estimated amount of other compensation from the organization and related organizations
(18)
Bryan C Hanson
........................................................................
Director
1.0
.......................
0.0
X
0
0
0
(19)
Jeffrey T Becker
........................................................................
Director
1.0
.......................
X
0
0
0
(20)
Katherine Close
........................................................................
Director
1.0
.......................
0.0
X
0
0
0
(21)
Sarah Saint-Amand
........................................................................
Director
1.0
.......................
0.0
X
0
0
0
(22)
Kevin Allan THRU 1215
........................................................................
Senior V.P., Development
40.0
.......................
0.0
X
196,449
0
26,247
(23)
Kevin Gilrain
........................................................................
Senior V.P., Human resources
40.0
.......................
0.0
X
188,871
0
30,346
(24)
Anne Peterson MD MPH
........................................................................
Senior V.P., Programs
40.0
.......................
0.0
X
192,289
0
19,905
(25)
Richard K Trowbridge Jr
........................................................................
CFO & Senior V.P., Operations
40.0
.......................
0.0
X
251,420
0
39,070
(26)
Megin Wolfman
........................................................................
Director, Executive Office
40.0
.......................
0.0
X
86,629
0
6,807
(27)
Christine Squires
........................................................................
Chief Development Officer&SVP
40.0
.......................
0.0
X
0
0
0
(28)
Rachel Granger
........................................................................
V.P. Int'l Partnrshps&Programs
40.0
.......................
0.0
X
154,170
0
17,032
(29)
Garrett Ingoglia
........................................................................
V.P., Emergency Response
40.0
.......................
0.0
X
137,498
0
17,418
(30)
Gary Leeds
........................................................................
V.P., Finance
40.0
.......................
0.0
X
160,590
0
30,404
(31)
Lee Weiner
........................................................................
V.P., Direct Response
40.0
.......................
0.0
X
142,237
0
24,402
(32)
Jed Selkowitz
........................................................................
CMO & SVP, COMMUNICATIONS
40.0
.......................
0.0
X
139,808
0
12,928
(33)
Geoff Kneisel
........................................................................
V.P., Corp Relations
40.0
.......................
0.0
X
117,205
0
33,414
(34)
Diana Maguire
........................................................................
V.P., Institutional Relations
40.0
.......................
0.0
X
123,522
0
34,608
(35)
Melissa Woolford
........................................................................
V.P., Leadership Gifts
40.0
.......................
0.0
X
132,900
0
8,476
(36)
Martha kennard
........................................................................
V.P., operations
40.0
.......................
0.0
X
129,560
0
8,297
1b
Sub-Total
................
c
Total from continuation sheets to Part VII, Section A
....
d
Total (add lines 1b and 1c)
...........
2,516,334
0
343,716
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization
24
Yes
No
3
Did the organization list any
former
officer, director or trustee, key employee, or highest compensated employee on line 1a?
If "Yes," complete Schedule J for such individual
..............
3
Yes
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000?
If "Yes," complete Schedule J for such
individual
...........................
4
Yes
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization?
If "Yes," complete Schedule J for such person
........
5
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
Mal Warwick Associates Inc
,
2550 Ninth Street Ste 103
BERKELEY
,
CA
94710
Fundraising
839,830
Mail America Communications
,
1174 Elkton Farm Road PO Box 870
FOREST
,
VA
24551
Printing and Mailing
687,266
rafanelli events
,
5 west 19th street
NEW YORK
,
NY
10011
event planning
404,241
Donor Services Group LLC
,
6715 Sunset Boulevard
HOLLYWOOD
,
CA
90028
Fundraising
346,401
RWT Production LLC
,
8932 Orange Hunt Lane
ANNANDALE
,
VA
22003
Printing and Mailing
186,750
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization
5
Form
990
(2015)
Page 9
Form 990 (2015)
Page
9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII
.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512-514
1a
Federated campaigns
..
1a
161,170
b
Membership dues
..
1b
c
Fundraising events
..
1c
2,349,904
d
Related organizations
1d
e
Government grants (contributions)
1e
100,060
f
All other contributions, gifts, grants, and similar amounts not included above
1f
911,875,453
g
Noncash contributions included
in lines 1a-1f:$
880,439,457
h Total.
Add lines 1a-1f
.......
914,486,587
Business Code
2a
PATIENT SERVICE REVENUE
621400
776,992
776,992
b
c
d
e
f
All other program service revenue.
g Total.
Add lines 2a–2f
.....
776,992
3
Investment income (including dividends, interest, and other
similar amounts)
..........
784,529
784,529
4
Income from investment of tax-exempt bond proceeds
0
5
Royalties
...........
0
(ii) Personal
(i) Real
6a
Gross rents
175,961
b
Less: rental expenses
189,439
c
Rental income or (loss)
0
-13,478
d
Net rental income or (loss)
......
-13,478
-13,478
(ii) Other
(i) Securities
7a
Gross amount from sales of assets other than inventory
21,905,495
b
Less: cost or other basis and sales expenses
22,127,441
c
Gain or (loss)
-221,946
d
Net gain or (loss)
.....
-221,946
-221,946
8a
Gross income from fundraising events (not including $
2,349,904
of contributions reported on line 1c).
See Part IV, line 18
....
a
125,700
b
Less: direct expenses
...
b
591,592
c
Net income or (loss) from fundraising events
..
-465,892
-465,892
9a
Gross income from gaming activities.
See Part IV, line 19
...
a
b
Less: direct expenses
...
b
c
Net income or (loss) from gaming activities
..
0
10a
Gross sales of inventory, less
returns and allowances
..
a
923,890
b
Less: cost of goods sold
..
b
628,817
c
Net income or (loss) from sales of inventory
..
295,073
295,073
Business Code
Miscellaneous Revenue
11a
EL SALVADOR CAFETERIA INCOME
900099
74,931
74,931
b
MISCELLANEOUS INCOME
900099
10,734
10,734
c
EL SALVADOR MISCELLANEOUS INCOME
900099
6,116
6,116
d
All other revenue
....
e
Total.
Add lines 11a–11d
......
91,781
12
Total revenue.
See Instructions.
.....
915,733,646
776,992
470,067
Form
990
(2015)
Page 10
Form 990 (2015)
Page
10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).
Check if Schedule O contains a response or note to any line in this Part IX
..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service
expenses
(C)
Management and
general expenses
(D)
Fundraising
expenses
1
Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
207,973,283
207,973,283
2
Grants and other assistance to individuals in the United States. See Part IV, line 22
177,413,115
177,413,115
3
Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
411,557,899
411,557,899
4
Benefits paid to or for members
0
5
Compensation of current officers, directors, trustees, and key employees
....
1,390,400
527,859
599,133
263,408
6
Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
....
630,468
295,620
334,848
7
Other salaries and wages
8,737,395
4,963,329
1,609,126
2,164,940
8
Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions)
....
426,816
231,230
102,519
93,067
9
Other employee benefits
.......
1,616,521
933,425
260,985
422,111
10
Payroll taxes
...........
714,527
380,487
145,134
188,906
11
Fees for services (non-employees):
a
Management
......
1,327,710
1,066,482
234,632
26,596
b
Legal
.........
51,958
36,088
15,870
c
Accounting
...........
186,468
26,468
160,000
d
Lobbying
...........
0
e
Professional fundraising services.
See Part IV, line 17
1,046,813
1,046,813
f
Investment management fees
......
33,255
33,255
g
Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
1,712,976
685,168
119,730
908,078
12
Advertising and promotion
....
1,138,405
74,511
1,620
1,062,274
13
Office expenses
.......
318,872
289,529
12,199
17,144
14
Information technology
......
1,018,794
83,195
266,262
669,337
15
Royalties
..
0
16
Occupancy
...........
2,169,574
1,585,563
249,944
334,067
17
Travel
............
1,351,646
1,126,053
50,233
175,360
18
Payments of travel or entertainment expenses for any federal, state, or local public officials
.
0
19
Conferences, conventions, and meetings
....
101,757
98,113
695
2,949
20
Interest
...........
2,620
2,620
21
Payments to affiliates
.......
0
22
Depreciation, depletion, and amortization
..
559,815
333,838
94,910
131,067
23
Insurance
...
279,450
103,867
124,759
50,824
24
Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a
INVENTORY WRITE-OFF
153,356,959
153,356,959
b
POSTAGE AND FREIGHT
5,376,865
3,901,583
3,198
1,472,084
c
MISCELLANEOUS
1,592,493
493,708
340,996
757,789
d
e
All other expenses
25
Total functional expenses.
Add lines 1 through 24e
982,086,854
967,537,372
4,427,820
10,121,662
26
Joint costs.
Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.
Check here
if following SOP 98-2 (ASC 958-720).
Form
990
(2015)
Page 11
Form 990 (2015)
Page
11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX
..............
(A)
Beginning of year
(B)
End of year
1
Cash–non-interest-bearing
........
6,609
1
2,814
2
Savings and temporary cash investments
.........
10,325,697
2
7,191,568
3
Pledges and grants receivable, net
......
1,834,129
3
6,471,687
4
Accounts receivable, net
.............
1,025,113
4
258,970
5
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
0
5
0
6
Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0
6
0
7
Notes and loans receivable, net
....
0
7
0
8
Inventories for sale or use
........
181,573,457
8
112,167,846
9
Prepaid expenses and deferred charges
......
680,529
9
775,449
10a
Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D
10a
7,215,806
b
Less: accumulated depreciation
10b
3,910,073
2,997,087
10c
3,305,733
11
Investments—publicly traded securities
.
18,682,525
11
16,761,633
12
Investments—other securities. See Part IV, line 11
.....
7,046
12
5,390
13
Investments—program-related. See Part IV, line 11
..
0
13
0
14
Intangible assets
...............
0
14
0
15
Other assets. See Part IV, line 11
...........
3,750,767
15
6,789,909
16
Total assets.
Add lines 1 through 15 (must equal line 34)
...
220,882,959
16
153,730,999
17
Accounts payable and accrued expenses
.....
4,614,568
17
4,570,662
18
Grants payable
...
1,670,703
18
1,117,497
19
Deferred revenue
.........
377,983
19
365,430
20
Tax-exempt bond liabilities
.........
0
20
0
21
Escrow or custodial account liability.
Complete Part IV of Schedule D
0
21
0
22
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons.
Complete Part II of Schedule L
..
0
22
0
23
Secured mortgages and notes payable to unrelated third parties
..
0
23
0
24
Unsecured notes and loans payable to unrelated third parties
..
0
24
0
25
Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24).
Complete Part X of Schedule D
2,265,308
25
2,794,810
26
Total liabilities.
Add lines 17 through 25
..
8,928,562
26
8,848,399
Organizations that follow SFAS 117 (ASC 958),
check here
and complete lines 27 through 29, and lines 33 and 34.
27
Unrestricted net assets
123,564,619
27
72,314,494
28
Temporarily restricted net assets
...........
83,950,950
28
68,393,545
29
Permanently restricted net assets
4,438,828
29
4,174,561
Organizations that do not follow SFAS 117 (ASC 958),
check here
and complete lines 30 through 34.
30
Capital stock or trust principal, or current funds
.....
30
31
Paid-in or capital surplus, or land, building or equipment fund
...
31
32
Retained earnings, endowment, accumulated income, or other funds
32
33
Total net assets or fund balances
...........
211,954,397
33
144,882,600
34
Total liabilities and net assets/fund balances
........
220,882,959
34
153,730,999
Form
990
(2015)
Page 12
Form 990 (2015)
Page
12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI
..............
1
Total revenue (must equal Part VIII, column (A), line 12)
............
1
915,733,646
2
Total expenses (must equal Part IX, column (A), line 25)
............
2
982,086,854
3
Revenue less expenses. Subtract line 2 from line 1
..............
3
-66,353,208
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A))
..
4
211,954,397
5
Net unrealized gains (losses) on investments
...............
5
-252,638
6
Donated services and use of facilities
.................
6
7
Investment expenses
.....................
7
8
Prior period adjustments
.....................
8
9
Other changes in net assets or fund balances (explain in Schedule O)
........
9
-465,951
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
144,882,600
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII
.............
Yes
No
1
Accounting method used to prepare the Form 990:
Cash
Accrual
Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
Separate basis
Consolidated basis
Both consolidated and separate basis
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight
of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
No
b
If "Yes," did the organization undergo the required audit or audits?
If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Form
990
(2015)
Form 990 (2015)
Additional Data
Software ID:
Software Version:
Form 990, Special Condition Description:
Special Condition Description