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NRS Form 990 Review

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NRS Review of Form 990 for 2016 (scroll down for 2017 in the next post)

Every year for some time now I have been reviewing the NRS Form 990 which was recently posted on its web site (the NRS filed an extension). It is similar to the other reviews I have given in the past (more info). Very few, if any, rosacea sufferers are interested in how the NRS spends it money nor care at all. As far as I know I am the lone watchdog on the NRS. However, since the NRS was the chief reason the RRDi was formed because we thought donated funds could be better spent than how the NRS spends its donated funds giving rosacea sufferers an alternative, you may see why I continue to monitor and review the NRS spending and post my review. 

The nutshell version for 2016 is that the NRS received $748,671 in revenue and spent $712,214 in expenses. The NRS spent $65,092 on research grants. So that amounts to 8.69% of its donations. To put this in perspective, every dollar donated in to the NRS in 2016, about 8.6 cents was spent on research grants. 68% ($510,757) of the donations were spent on two private contractors, Glendale Communications Group, Inc. and Park Mailing and Fulfillment, Inc. that are owned by Sam Huff, President of the NRS. It was also reported that Sam received $106,774 (from Glendale and Park) in salary while his secretary, Mary Erhard, received $32,253 (from Glendale). These two private corporations are owned by Samuel B Huff, the Director/President of the NRS. For proof, read this post

Here is a breakdown of the Form 990: 

Form 990 Part 1 Revenue
Line 8 Contributions and grants  $697,448
Line 9 Program service revenue $  51,000
Line 10 Investment Income         $       223
Total Revenue                                $748,671
 
Expenses 
Line 13 Grants and similar amounts paid $65,092
Line 17 Other expenses                             $647,122
Total expenses                                           $712,214
 
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Section A
(1) Samuel B Huff, President 
Reported compensation from related organizations $106,774
(2) Mary F. Erhard, Secretary
Reported compensation from related organizations $ 32,253
 
Schedule R Part V Transactions with Related Organizations
Note 1
m Performance of services or membership or fundraising solicitations for related organization(s)
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
o Sharing of paid employees with related organization(s)
Note 2
(1) Glendale Communications Group, Inc (c) $467,936
(2) Park Mailing and Fulfillment, Inc.         (c)  $ 42,821
Total Transactions                                               $510,757
 

nrs_990_2016.pdf
For a spreadsheet of all the years reviewed click here

Form 990 for 1998

Form 990 for 2013

Form 990 for 2014

Form 990 for 2015

 

 

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NRS Review of Form 990 for 2017

In December 2018, the NRS published its Form 990 for 2017. This year marks the fourth highest banner year in donations, the first highest banner year was in 1998 which the donations totaled over $1 million dollars ($1,148,375). In 2017, the NRS received in donations $929,730.00, just $216,645 short of its 1998 banner year. So let's review what the NRS spent its donations on. First off, let's be clear that Samuel B Huff, Director, signed off on page one of the 2017 Form 990, and on page 7, under the heading, Part VII, Compensation, it shows that Samuel B Huff, President, was paid $119,100 under the column, Reported compensation from related organizations. Also Mary F Erhard, Secretary, was paid $27,963 making a grand total here of $147,063.

Grants spent this year on rosacea totaled $74,443. So if you do the math, the total spent on rosacea research grants in 2017 amounts to 8% of the total revenue donated to the NRS. Putting this into something you can understand a little clearer, for every dollar donated to the NRS 8 cents was spent on rosacea research grants. 

What did the NRS spend the rest of the money on?  On page 10, Part IX, Expenses, it shows a list totalying $763,980.  Of that total, $105,494 was spent on Information Technology. You can read the rest yourself.  Scrolling down to Schedule R (Form 990) Part V, you will note there are two corporations listed under TRANSACTIONS WITH RELATED ORGANIZATIONS, which are the following: 

Glendale Communications Group, Inc. $498,910.

Park Mailing and Fulfillment, Inc. $70,194.00

The above two corporations is where a total of $569,104 was spent which are the related organizations the NRS used and this amounts to 61% of its total donations received. These two private corporations are owned by Samuel B Huff, the Director/President of the NRS. For proof, read this post

Read the NRS Form 990 for 2017:
nrs_990_2017.pdf

 

 

 

 

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