FYI...NRA's finances

[Tyler Durden]

[ericire12]

Total Revenues down 25% from last year

[tombogan03884]

The lowest wage listed is Sandra Froman's $41K
I wonder if they are hiring ?

[TAB]

they lost 3.4 mill on investments, I wonder if that actually money or value.



The head gets paid 600k, just something to think about.

[ericire12]

they lost 3.4 mill on investments, I wonder if that actually money or value.

If this is their official balance sheet or their tax return, then it is realized gains/losses.

[Sponsor]

[TAB]

Assuming thats the case, the question becomes, how did they incure those losses?

[fightingquaker13]

Assuming thats the case, the question becomes, how did they incure those losses?

Same way we all did. Investing in "safe" diversified funds. Then the bottom drops out.
FQ13

[Tyler Durden]

Another FYI...since the NRA is a 501 (c) non-profit organization, its federal tax Form 990's are available on www.guidestar.com .  Register, log in, and download the .pdf versions of the Form 990's of your favorite...or not so favorite   non-profit organizations.

I'm looking at the American Red Cross's Form 990 from 2007...WOW!    Their gross receipts were almost 4 billion (yes, with a "b") .  

I haven't looked that closely at the NRA's Form 990, but I am ASSuming that publications are a huge, HUGE! expense for them.  Sometime last year I did ask them about going to an online .pdf version of their American Rifleman magazine.  I reckon that would save on their printing and mailing costs, which would mean more "profit" for them...to use that money somewhere else.  They did say they were working on it, but I never did follow up on it.

[Pathfinder]

This is probably from their 10k or annual filing for a not for profit.

BTW, head salary is 1.2 million, LaPierre's.

Most of the loss is line 8, almost $80 million from contributions and grants. The investment loss is from the market crash between '08 and '09. Just like your IRA or 401k.

Tyler, you have a link, or maybe show the entire form?

[fightingquaker13]

If they'd make the mgs voluntary, that would save to. I skim the Hunter then pitch it. I also reuuped yesterday. 2 years for $50.
FQ13