Trout Unlimited (National Office)'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 |
|---|---|
| 86% | $9 |
| Entity | Document Type | Tax ID |
|---|---|---|
| Trout Unlimited | Audited Financial Statements | 38-1612715 |
| Trout Unlimited | IRS Form 990 | 38-1612715 |
|
Entity: Trout Unlimited Document Type: Audited Financial Statements Tax ID: 38-1612715 |
|
Entity: Trout Unlimited Document Type: IRS Form 990 Tax ID: 38-1612715 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Christopher Wood | President/CEO | $409,876 |
| 2 | Matt Renaud | CFO | $232,890 |
| 3 | Roderick Vogel | Chief Development Officer | $220,696 |
|
1 Name: Christopher Wood Title: President/CEO Compensation: $409,876 |
|
2 Name: Matt Renaud Title: CFO Compensation: $232,890 |
|
3 Name: Roderick Vogel Title: Chief Development Officer Compensation: $220,696 |
CharityWatch's rating of Trout Unlimited (TU) is for the National Office based in Arlington, VA (tax ID #38-1612715). The rating does not include the financial activities of the locally-based Trout Unlimited chapters and councils. TU has "approximately 340,000 members and supporters in over 400 chapters and councils nationwide," according the TU audit of March 31, 2020 (Note 1 re: Organization). |
According to the Trout Unlimited (TU) audit of March 31, 2020 (Note 12, Subsequent Events): "In preparing these [audited] financial statements, TU has evaluated events and transactions for potential recognition or disclosure through October 30, 2020, the date the financial statements were issued. "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 TU's operations. The overall potential impact is unknown at this time. "On April 21, 2020, TU entered into a two-year promissory note agreement in the amount of $3,337,300 with a 1% fixed interest rate under the Paycheck Protection Program. The promissory note calls for monthly principal and interest payments amortized over the term of the promissory note, unless otherwise forgiven. 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." |
According to the Trout Unlimited (TU) audit of March 31, 2020 (Note 1 re: Risks and uncertainties): "TU 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 accompanying [audited] financial statements." |
