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Ratings & Metrics
Program % | Cost to Raise $100 |
---|---|
70% | $10 |
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.
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.
Top Salaries
Name | Title | Compensation | |
---|---|---|---|
1 | David Baron | Chief Scientific Officer | $245,364 |
2 | Andrew Betts | CEO | $241,597 |
3 | Kenneth McLaughlin | COO | $136,583 |
1 Name: David Baron Title: Chief Scientific Officer Compensation: $245,364 |
2 Name: Andrew Betts Title: CEO Compensation: $241,597 |
3 Name: Kenneth McLaughlin Title: COO Compensation: $136,583 |
Analysts' Notes
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 PKD Foundation audited Statement of Activities and Changes in Net Assets for the year ended June 30, 2018, the Foundation reports receiving gifts-in-kind on which it placed a total value of $562,974. [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 PKD Foundation audit of June 30, 2018 (Note 15, Concentrations): "... Approximately 15% of the Foundation's revenues at June 30, 2018 was from one donor." |
According to the PKD Foundation audit of June 30, 2018 (Note 13, Contractual Services): "The Foundation contracted with ADP Totalsource, Inc. (ADP) in a client service agreement effective August 1, 2014 to engage in a co-employment relationship with the Foundation. ADP provides personnel management services to the Foundation's employees including payment of salaries, wages, payroll taxes, employee benefits, and procurement of workers' compensation insurance, and administration of claims. The Foundation paid $2,681,525 and $2,589,959 including salaries, benefits, and services to ADP for the year ended June 30, 2018 and 2017, respectively." |