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.
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|CharityWatch's rating of NRA Foundation includes the financial activities of the 501(c)(3) public charity (tax ID# 52-1710886). |
CharityWatch issues a separate rating for the related 501(c)(4) tax-exempt, social welfare organization, the National Rifle Association of America (NRA) (tax ID# 53-0116130).
CharityWatch issues separate ratings for 501(c)(3) & 501(c)(4) organizations, even when their financial activities are included together in a consolidated audit, due to their different treatment under the IRS tax code. For more information on this topic, please see our sections on Types of Non-Profits, Tax Status, and Treatment of Related Organizations, which can be found in "Criteria & Methodology" under the "About Us" navigation header.
For more information about things to consider when donating to organizations that have related public charity and social welfare entities, click on the "Donor Alerts & Articles / Media" tab (above), and read "Sorting Out Non-Profit Pairs."
|According to the National Rifle Association of America consolidated audit of December 31, 2015 (Note 10, Retirement Plans), the NRA established a 457(f) supplemental executive retirement plan for the benefit of certain executives. |
The NRA Foundation's 2015 tax filing (IRS Form 990, Schedule J), reports that the NRA Foundation's Ex Officio, Wayne LaPierre, received a one-time payout under this plan amounting to over $3.7 million "after 36 years of continuous service to the related organization [the NRA], which has included 25 years as its top executive." This $3.7 million was not included in the NRA or NRA Foundation's public tax form reporting of LaPierre's compensation until 2015. Total compensation paid to Wayne LaPierre in 2015 amounted to $4,645,251.
|According to the National Rifle Association of America (NRA) consolidated audit of December 31, 2015 (Note 14, Related Parties):|
"The NRA is affiliated with the [NRA] Foundation, the CRDF [NRA Civil Rights Defense Fund], SCF [NRA Special Contribution Fund] and the FAF [NRA Freedom Action Foundation] by virtue of the control vested with the NRA's Board of Directors to appoint the Board of Trustees of each affiliate. The PVF [NRA Political Victory Fund] is a separately unincorporated political action committee of the NRA whose five officers are NRA employees. The NRA provides certain benefits to the affiliates at no cost, among which are the use of office space and other administrative support services. Management has determined that the fair value of these benefits is minimal, and accordingly, no amounts are reflected in [the] financial statements."
"The Foundation reimburses the NRA for certain expenses, such as salaries, benefits, and general operating expenses, paid by the NRA on the Foundation's behalf. As of December 31, 2015 and 2014, $24,333,885 and $24,014,571, respectively, was owed to the NRA... In addition, certain qualified NRA programs were funded by Foundation grants totaling $18,985,029 and $17,299,188 for the years ended December 31, 2015 and 2014, respectively."