Celebrating 30 years of helping you give wisely
America's most independent,
assertive charity watchdog
Top Rated

National Psoriasis Foundation

CharityWatch report issued
July 2022

Top-Rated Charity
B+
CharityWatch Grade
Our independent grade based
on a number of factors.
 
73%
Program Percentage
Amount spent on programs
relative to overhead.
 
$20
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

National Psoriasis Foundation
6600 SW 92nd Avenue
Suite 300
Portland, OR 97223

Other Names

None

Tax Status

501(c)3

Stated Mission

Provides people with psoriasis and psoriatic arthritis the services they need to best manage their condition, while promoting research to find a cure.

View similar charities
Charity  
Against Malaria Foundation  
ALS Association (National Office)  
American Brain Tumor Association  
American Diabetes Association  
American Heart Association  
American Kidney Fund  
American Leprosy Missions  
American Liver Foundation  
American Lung Association  
American Parkinson Disease Association  
American Sexual Health Association  
Arthritis Foundation  
Bone Health and Osteoporosis Foundation  
BrightFocus Foundation  
CDC Foundation  
Christopher & Dana Reeve Foundation  
City of Hope & Affiliates  
Crohn's & Colitis Foundation  
Cystic Fibrosis Foundation  
Defeat Diabetes Foundation  
Diabetes Action Research and Education Foundation  
Diabetes Research & Wellness Foundation  
Diabetes Research Institute Foundation  
Easterseals (National Office)  
Elizabeth Glaser Pediatric AIDS Foundation  
Epilepsy Foundation  
Foundation for AIDS Research (amfAR)  
Hearing Health Foundation  
Heart Center of America  
Huntington's Disease Society of America  
JDRF International  
Lupus Foundation of America (National Office)  
Lupus Research Alliance  
March of Dimes  
MedicAlert Foundation United States  
Mercy Ships & Affiliates  
Michael J. Fox Foundation for Parkinson's Research  
Miracle Flights  
MiracleFeet  
Movember Foundation  
Multiple Sclerosis Association of America  
Multiple Sclerosis Foundation  
Muscular Dystrophy Association  
National Caregiving Foundation  
National Emergency Medicine Association (DISSOLVED)  
National Hemophilia Foundation (National Office)  
National Jewish Health  
National Kidney Foundation  
National Multiple Sclerosis Society  
Operation Smile  
Parkinson Research Foundation  
Parkinson's Foundation  
Partnership for a Healthier America  
PKD Foundation  
Project Cure  
Salk Institute for Biological Studies  
San Francisco AIDS Foundation  
Shriners Hospitals for Children  
Smile Train  
United Cerebral Palsy (National Office)  
Will Rogers Motion Picture Pioneers Foundation  
WonderWork  
Data based on Fiscal Year Ended 06/30/2021

Program Percentage: 73%

The percentage of National Psoriasis Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$11,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $20

How many dollars National Psoriasis Foundation spends on fundraising to raise each $100 of contributions.

$9,400,000

Calculated Total Contributions

(rounded)

Joint Costs

National Psoriasis Foundation'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
74% $19
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
National Psoriasis Foundation IRS Form 990 93-0571472
National Psoriasis Foundation Audited Financial Statements 93-0571472
Entity: National Psoriasis Foundation
Document Type: IRS Form 990
Tax ID: 93-0571472
Entity: National Psoriasis Foundation
Document Type: Audited Financial Statements
Tax ID: 93-0571472

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
National Psoriasis Foundation
meets governance benchmarks.
 
National Psoriasis Foundation
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-In Policy  

  Name Title Compensation
1 Randy Beranek President/CEO $587,406
2 Leah Howard Chief Operating Officer $329,342
3 Stacy Bell Chief Scientific & Medical Officer $245,115
1
Name: Randy Beranek
Title: President/CEO
Compensation: $587,406
2
Name: Leah Howard
Title: Chief Operating Officer
Compensation: $329,342
3
Name: Stacy Bell
Title: Chief Scientific & Medical Officer
Compensation: $245,115

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.

According to the National Psoriasis Foundation audit of June 30, 2021 (Note 2 re: Refundable Advances):

"The Paycheck Protection Program (PPP) loan guaranteed by the Small Business Administration (SBA) is accounted for as a conditional advance and accrues interest at 1%. The advance may be forgiven partially or in its entirety if certain conditions are met, including incurrence of allowable qualifying expenses (mostly personnel and occupancy costs) and acceptance and approval of the forgiveness application by the lender. Upon satisfaction of the conditions, the advance will be recognized as revenue. The Foundation received a PPP loan during the year ended June 30, 2020 and satisfied the conditions during 2021 and $825,046 was recognized as grant revenue. The Foundation received a second PPP loan of $1,030,637 during the year ended June 20, 2021 [sic]. The total amount was forgiven subsequent to year end."

According to the National Psoriasis Foundation audit of June 30, 2021 (Note 15, Concentrations and Credit Risk):

"Investment securities are exposed to various risks such as interest rate, 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] statement of financial position."

According to the National Psoriasis Foundation (NPF) tax filing for the fiscal year ended June 30, 2021, NPF reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

Regarding: (1) the payment or accrual of any compensation to officers, directors, trustees, key employees and highest compensated employees contingent on the revenues of the organization; (2) the payment or accrual of any compensation to officers, directors, trustees, key employees and highest compensated employees contingent on the net earnings of the organization; and (3) any nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, lines 5a, 6a, & 7):

"The executive team performance-based bonus portion of the compensation was based on a combination of the employee's performance against their individual objectives (50%), the NPF meeting its annual revenue target (25%) and the NPF meeting its net surplus target (25%). All staff are included in the incentive plan at 1% based on revenue and 1% based on net surplus."


NPF reports "Bonus & incentive compensation" payments to five individuals in calendar year 2020, including $41,715 paid to Randy Beranek, President/CEO, whose reported total compensation in 2020 is $587,406. The other four reported "Bonus & incentive compensation" payments range from $17,163 to $10,000, with associated reported total compensation ranging from $329,342 to $209,488 (IRS Form 990, Schedule J, Part II).


Related Articles

No related articles found