American Bird Conservancy

The American Bird Conservancy (ABC) includes $216,105 of "Membership Services" expenses in its reported total Program Services expenses, according to its IRS Form 990 tax filing for the year ended December 31, 2020. The ABC audited financial statements for the year ended December 31, 2020 includes $216,105 in "Membership Development" as part of its reported Supporting Services functional expenses.

The ABC 2020 tax filing describes its Membership Services program as follows: "ABC's membership is a growing network of birders and nature lovers making a difference for birds throughout the Americas" (IRS Form 990, Part III, line 4c). ABC reports $4,143,506 in "Membership dues" as part of its total contributions and other support received in 2020 (IRS Form 990, Part VIII, line 1b).

CharityWatch allocates this $216,105 in Membership expenses, net of $2,602 in in-kind contributed services, to Fundraising expenses as part of our calculation of ABC's Program % and Cost to Raise $100 for 2020.

According to the American Bird Conservancy (ABC) 2020 tax filing, ABC received in-kind donated services and use of facilities on which it placed a total value of $10,243 (IRS Form 990, Schedule D, Part XI).

[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 on the Our Process page.]

According to the American Bird Conservancy (ABC) consolidated audit of December 31, 2020 (Note 4, Loan Payable):

"On April 2020, ABC received loan proceeds in the amount of $1,410,994 under the Paycheck Protection Program. The promissory note calls for monthly principal and interest payments amortized over the term of the promissory note with a deferral of payments for the first six months. Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the promissory note may be forgiven by the Small Business Administration in whole or in part. ABC intends to use the proceeds for purposes consistent with the Paycheck Protection Program and believes that its use of the loan proceeds will meet the conditions for forgiveness of the loan. ABC intends to apply for forgiveness after completing the 24-week period. If forgiveness is granted, ABC will record revenue from debt extinguishment during the period that forgiveness is approved."

According to the American Bird Conservancy (ABC) consolidated audit of December 31, 2020 (Note 1 re: Risks and uncertainties):

"ABC invests in various investment securities. Investment securities are exposed to various risks such as interest rates, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the [audited] consolidated financial statements."

According to the American Bird Conservancy (ABC) consolidated audit of December 31, 2020 (Note 1 re: Economic uncertainties):

"On March 11, 2020, the World Health Organization declared the Coronavirus disease (COVID-19) a global pandemic. As a result of the spread of COVID-19, economic uncertainties have arisen which may negatively impact ABC's operations. The overall potential impact is unknown at this time."