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 Operation Homefront audit of December 31, 2017 (Note H, Gifts-In-Kind), Operation Homefront reports receiving in-kind contributed goods, services and facilities on which it placed a total value of $16,807,643 in 2017.|
In addition, Operation Homefront reports receiving contributed houses on which it placed a value of $6,261,323, according to its audited Statement of Activities for the year ended December 31, 2017.
[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 Operation Homefront 2017 tax filing, Operation Homefront reports for Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees compensated more than $100,000 in 2017 (IRS Form 990, Schedule J, Part II):|
-- "Bonus & incentive compensation" of $122,000 paid to Brigadier General John I. Pray, Jr., President/CEO, which is included in his reported total compensation of $432,882.
-- "Bonus & incentive compensation" of $12,000 paid to each Marguerite Kirst, CDO, and Laura Yzaguirre, CFAO, which is included in their reported total compensation of $213,243 and $177,908, respectively.
-- "Bonus & incentive compensation" of $8,000 paid to Robert Thomas, COO, which is included in his reported total compensation of $203,982.