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.
|CharityWatch's rating of Prevent Child Abuse America is based on our analysis of the 2015 audited financial statements and tax filing of its national office. These documents do not include the financial activities of the local chapters of the organization.|
As described in the 2015 tax filing of the national office:
"Chapter Activities -- There are chapters in 49 states. The network provides a distribution mechanism for the public policy and information efforts of the national office. Each chapter is a separate 501(c)(3) [public charity] or a subdivision of state government and also provides a variety of services that may include information and education on prevention services, development of position statements on important local policy issues and thought leadership for statewide prevention planning efforts" (IRS Form 990 Part III, part 4c).
|According to the Prevent Child Abuse America audit of December 31, 2015 (Note K, Commitments, Event Contract):|
"During 2015, Prevent Child Abuse America entered into a contract for a future conference in 2016. In the event the conference is cancelled, Prevent Child Abuse America can be held liable for liquidated damages. The potential liability at December 31, 2015, in the event of cancellation is $62,409."