CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|According to the City Harvest audit of June 30, 2017 (Note 7, In-Kind Contributions), City Harvest received approximately 56 million pounds of donated food on which it placed a total value of approximately $94 million during fiscal year 2017. In fiscal 2017, City Harvest also received "donated advertising services for public service announcements," which it valued at $1,833,451, and "donated legal services in connection with its program and administrative operations," which it valued at $146,467.|
[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]
|According to the City Harvest tax filing for the fiscal year ended June 30, 2017 re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):|
"Employees may receive a bonus for meeting certain performance metrics; the bonus is awarded by the board of directors without any input by the employee in the decision-making process to offer the bonus. The board's decision-making process is memorialized in the board minutes."
City Harvest reports "Bonus & incentive compensation" in the amount of $40,000 for Jilly Stephens, CEO; her reported total compensation, including the $40,000, is $421,739 in calendar year 2016 (IRS Form 990, Schedule J, Part II).