CharityWatch reduces the grade of any charity that has available assets equal to three to five years of operating expenses. Charities with "years of available assets" of more than five years receive an "F" grade regardless of other measurements. In CharityWatch's view, a reserve of less than three years is reasonable and does not affect a charity's grade. These reductions in grades are based solely on the charities' asset reserves as compared to budget. The CharityWatch definition of "years of available assets" includes funds currently available for the charity's use, including investments that the charity has set aside as a reserve but could choose to spend if it wanted to do so. Disabled American Veterans (DAV)'s letter grade rating has been downgraded because it has 3 or more years of available assets.
See Our Process to learn more about how CharityWatch considers a charity’s asset reserves and the High Asset List for a list of charities whose ratings have been reduced due to high assets.
Disabled American Veterans (DAV)'s rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 67% | $33 |
| Entity | Document Type | Tax ID |
|---|---|---|
| Disabled American Veterans | Audited Financial Statements | 31-0263158 |
| Disabled American Veterans | IRS Form 990 | 31-0263158 |
|
Entity: Disabled American Veterans Document Type: Audited Financial Statements Tax ID: 31-0263158 |
|
Entity: Disabled American Veterans Document Type: IRS Form 990 Tax ID: 31-0263158 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Edward R. Reese | Executive Director Natl LHQ | $543,865 |
| 2 | Barry A. Jesinoski | Past National Adjutant / CEO / SEC | $534,075 |
| 3 | Theresa L. Burgoon | Chief Development Officer | $468,098 |
|
1 Name: Edward R. Reese Title: Executive Director Natl LHQ Compensation: $543,865 |
|
2 Name: Barry A. Jesinoski Title: Past National Adjutant / CEO / SEC Compensation: $534,075 |
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3 Name: Theresa L. Burgoon Title: Chief Development Officer Compensation: $468,098 |
CharityWatch's rating of Disabled American Veterans (DAV) includes the financial activities of the 501(c)(4) tax-exempt, social welfare organization (tax ID #31-0263158). Our rating of DAV does not include the financial activities of the following organizations, which are separately operated entities that are related to DAV, according to the DAV audit of December 31, 2023 (Note 13, Related-Party Transactions): – Disabled American Veterans National Service Foundation (the Foundation) According to audit Note 13, some members of DAV's Board of Directors also serve on the respective Board of Directors for each the Foundation, the Trust, and DVLMF. In addition, DAV "provides services to" and is "in the position to influence operating policies of" each of the four entities listed above. [*Note: CharityWatch issues a separate rating for the DAV Charitable Service Trust, a 501(c)(3) public charity.] |
According to the Disabled American Veterans (DAV) audited Statement of Activities for the year ended December 31, 2023, DAV received in-kind contributions of $144,793,904 during 2023. Of this amount, $39,339,895 and $105,454,009 was attributed to "Contributed services and facilities - primarily services" and "Contributed media and materials - primarily media," respectively. [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 Disabled American Veterans (DAV) 2023 tax filing, DAV reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding discretionary spending accounts for officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, line 1a): "During their one-year, non-successive term, DAV pays the National Commander an annual expense allowance prorated from the date of his/her election to the date of the election of his/her successor, in an amount approved by the Board of Directors, and reflected in the appropriate minutes. The amount is to cover lodging, meals, and other expenses incurred to serve in this capacity. It is comparable to amounts paid [to] those in similar positions in like organizations and is reported as taxable income on Form 1099. In 2023, Joseph Parsetich, DAV National Commander (January - July), received $151,210 and Nancy Espinosa, DAV National Commander (August - December), received $98,790 for such payments." [Joseph Partesich, DAV National Commander (January - July), and Nancy Espinosa, DAV National Commander (August - December), received no compensation during 2023 other than what is outlined above (IRS Form 990, Schedule J, Part II & IRS Form 990, Part VII)]. Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, line 7): "DAV has a leadership incentive program that offers an additional percentage of annual base salary to about 60 employees – primarily key executives, directors and managers. The award percentage is based on the individual participant's position and the organization's measured success meeting 8 goals – one related to achievement of standard ratios...and 7 based [on] DAV strategic plan goals. The program was designed with assistance from an outside, independent consultant and approved by the Board of Directors." DAV reports "Bonus & incentive compensation" payments for nine individuals in 2023, including $57,361 paid to Megan B. Hall, General Counsel, with total reported compensation of $313,048. The reported "Bonus & incentive compensation" amounts for the other eight individuals ranges from $17,650 to $56,475, with associated reported total compensation in 2023 ranging from $219,174 to $543,865 (IRS Form 990, Schedule J, Part II). Note: the above "total reported compensation" excludes column (F) compensation reported as deferred on a prior year 990 (IRS Form 990, Schedule J, Part II). |
According to the Disabled American Veterans (DAV) tax filing of December 31, 2023, IRS Form 990, Schedule L, Part IV, Business Transactions Involving Interested Persons: The "Name of Interested Person" is reported as "John Marc Burgess LLC." The "Relationship Between Interested Person and the Organization" is reported as "35% Controlled Entity." The "Amount of Transaction" is reported as "$105,000." The "Description of Transaction" is reported as "Executive Advisory Services." The "Sharing of Organization's Revenues?" is reported as "No" |