| Entity | Document Type | Tax ID |
|---|---|---|
| National Forest Foundation | Audited Financial Statements | 52-1786332 |
| National Forest Foundation | IRS Form 990 | 52-1786332 |
|
Entity: National Forest Foundation Document Type: Audited Financial Statements Tax ID: 52-1786332 |
|
Entity: National Forest Foundation Document Type: IRS Form 990 Tax ID: 52-1786332 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Mary Mitsos | President/CEO | $358,431 |
| 2 | Ray Foote | Executive VP | $283,449 |
| 3 | Marcus Selig | VP, Field Programs | $168,846 |
|
1 Name: Mary Mitsos Title: President/CEO Compensation: $358,431 |
|
2 Name: Ray Foote Title: Executive VP Compensation: $283,449 |
|
3 Name: Marcus Selig Title: VP, Field Programs Compensation: $168,846 |
According to the National Forest Foundation audited Statement of Activities for the year ended September 30, 2021, the Foundation received in-kind contributions in fiscal 2021 on which it placed a total value of $221,775. [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 National Forest Foundation audit of September 30, 2021 (Note 1 re: Financial risk): "The Foundation invests in professionally managed portfolios that contain various securities that are exposed to risks, such as market, interest and credit. Due to the level of risk associated with such investments and the level of uncertainty related to changes in the value of such investments, it is at least reasonably possible that changes in risks in the near-term could materially affect investment balances and the amounts reported in the [audited] financial statements." |
According to the National Forest Foundation audit of September 30, 2021 (Note 9, Contingencies, COVID-19 Pandemic): "On January 30, 2020, The World Health Organization declared the coronavirus outbreak a 'Public Health Emergency of International Concern' and on March 11, 2020, declared it to be a pandemic. Actions taken around the world to help mitigate the spread of the coronavirus included travel restrictions, quarantines in certain areas and forced closures for certain types of public places and businesses. The coronavirus and actions taken to mitigate it have had and are expected to continue to have an adverse impact on the economies and financial markets of many countries, include [sic] the geographical area in which the Foundation operates. Management is continually monitoring the potential impact of the pandemic on the Foundation. Management will review and adjust planned expenditures should it determine the outbreak will significantly impact the financial position and activities of the Foundation." |
According to the National Forest Foundation tax filing for the fiscal year ended September 30, 2021, the Foundation reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding compensation received by officers, directors, trustees, key employees and highest compensated employees contingent on the revenues of the organization (Schedule J, Part I, line 5a): "The board of directors decides on an annual bonus for Mary Mitsos based on the annual finances of the organization." Mary Mitsos is reported as President & CEO with $60,000 in "Bonus & incentive compensation" and total compensation of $358,431 in calendar year 2020 (IRS Form 990, Schedule J, Part II). |
