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Their board and staff consist of 27 people, including all directors. The breakdown of their expenditures structure is on the right sidebar of the donation page
by eric-hu 14y ago
Their board and staff consist of 27 people, including all directors. The breakdown of their expenditures structure is on the right sidebar of the donation page:
5% Fundraising
11% Administration
84% Programs and Services
At the bottom of the same sidebar are links to their past financial documents, up to 2010 ( http://www.freetheslaves.net/Document.Doc?id=251 http://www.freetheslaves.net/Document.Doc?id=251 ). In that are their compensations per-employee on page 7 and 8. Of the 12 employees listed, no one received compensation of more than $36,000, and the total compensation for all of them was less than $80,000. Most received zero compensation. The average hours each work per week are also listed, so one can take an educated guess about the corporate structure.
Their total revenue (~$2.9 mil) and expenditure (~$3.1 mil) are listed on page 12. For that year, they operated at a ~$200k loss, leaving them with ~$1.1 mil in assets at the end of the fiscal year. More itemized details are available within.
I think it's good to be skeptical of charitable organizations given the corruption that has been exposed in some non profits. As to why 2010 is the last available? The 2011 returns were due in April 2012. Perhaps they're waiting on approval from the IRS before publishing it. Someone else could chime in here with a better reason.
As for the "don't spend money on <x> until <y> is resolved" mentality...I see it all the time:
"It's such a shame that people spend money on Instagram/Facebook/Twitter when space travel/clean energy/cancer research/etc is such a greater cause..."
The communist anti-capitalism rhetoric of the mid 1900s was similar: comparing the luxuries of the rich against the suffering of the lowest common denominator. Perhaps there was a similar pitch on the capitalist side against communism--I just don't see it.
I think the beauty of this organization (and most non-profits) is that it's based on voluntary participation. They're not forcing anyone to donate. Their emotional manipulation is on par with the typical commercial for weight loss, beer, cologne, anti-depressant medication, etc...and in my opinion, their cause is more noble.
- manaskarekar 14y agoAlso clicking on http://ihave50dollars.com/ http://ihave50dollars.com/ > Contact Us > huh?, redirects you to this ted talk: http://www.ted.com/talks/lisa_kristine_glimpses_of_modern_day_slavery.html http://www.ted.com/talks/lisa_kristine_glimpses_of_modern_da...
- calinet6 14y ago> The communist anti-capitalism rhetoric Black and white much? This idea that everything that's anti-capitalist or anti-stupid-ways-we-spend-money is communist is absurd. The anti-capitalism rhetoric of the "mid-1900's" was a full-on propaganda campaign put out by government agencies and supported by the very real threat of nuclear total annihilation. Comparing a complaint about the stupid ways we spend money and organize our priorities to the Cold War is a bit of a stretch. I fear communist comparisons are becoming the new Godwin's law. In reality, the guilt mentality discussed above is much more similar to the ultra-realist perspective of the comedy of Louis CK— http://www.youtube.com/watch?v=8r1CZTLk-Gk http://www.youtube.com/watch?v=8r1CZTLk-Gk —in that it is ridiculous that we have the immediate concerns that we do, but is, in fact, entirely true, and it's observant and useful to point that out. It is not, however, communist.
- 1point618 14y agoSo, in the mid-1900's there was this thing called Communism. It was a real thing, practiced in many different countries self-consciously. One of the tenants of Communism as it was practiced was that capitalism was bad, and one of the things that Communist countries did was to release anti-capitalist propaganda. So when today we talk about communist anti-capitalist rhetoric, we're not calling all anti-capitalist rhetoric communist, but rather referring to that particular subset of anti-capitalist rhetoric which was, indeed, communist. This does not mean that such arguments are not straw manning the issue. However, it does mean that they're more nuanced than whatever the argument is that you're trying to debate with above.
- NSMeta 14y agoExcuse me for a one-off useless comment, but a Communist country never existed. USSR was not communist. Communism is being described as "A communist society would have no governments, countries, or class divisions."[1] Hence, no rulers. Communism in its essence is a form of Anarchist society. [1] http://en.wikipedia.org/wiki/Communism#Etymology_and_terminology http://en.wikipedia.org/wiki/Communism#Etymology_and_termino...
- 14y ago
- rst 14y ago2011 taxes were due in April, but so long as all the money is in (possibly in estimated tax payments with an extension form), most people and organizations don't need to submit the full paperwork until six months later. Rather famously right now, Mitt Romney hasn't. (He's promised to make this year's and last year's returns public, but this year's isn't done yet.) So, it's quite possible that a bare-bones charity is also taking advantage of the extension. (You won't get any refund until you file the full return, you'll get hit with penalties if your estimated payments undershot the actual tax due by very much, and shorter deadlines may apply in particular cases, like people filing from overseas. But most folks can get the full six months.)
- rprasad 14y agoPolitical commentary aside, his comment is accurate and should not be downvoted. Taxes are due in April, usually on the 15th. Income returns and information returns are nominally due in April but the filing deadline can be extended to September. Extending the filing deadline does not extend the deadline for payment, so taxpayers seeking extensions should pay their estimated taxes by April and will receive a refund if they later discover that they overpaid.
- rprasad 14y agoMost organizations, companies, and wealthy individuals extend their filing dates to September. Consequently, it is likely that they have not yet filed their 2011 return.