https://secure.missingkids.org/en_US/documents/Form990-2015.pdf
The National Center for Missing & Exploited Children is exempt from federal taxes under section 501(c)(3) of the Internal Revenue Code and has received a ruling that it is a publicly supported organization as described in sections 509(a)(1) and 170(b)(1)(A)(vi) of the Internal Revenue Code. All donations are tax-deductible to the extent allowed by law.
Total Revenue: $41,859,434
Amount received from Government Contracts & Grants: $31,886,730
Public support percentage: 99.73%
Total salaries, other compensation, employee benefits: $31,573,744
Total number of individuals employed in calendar year 2015: 410
Total number of compensated employees earning more than $100,000 per year: 15
3 Highest paid:
1) John Ryan, President/CEO
Reportable compensation: $442,924; Other compensation: $21,899
2) Linda Krieg, Chief Operating Officer
Reportable compensation: $227,998; Other compensation: $16,173
3) Panayiota Souras, Senior VP, General Counsel
Reportable compensation: $201,780; Other compensation: $35,645
Claimed the following:
- A net loss on investments in publicly traded securities and other securities in the amount of ($81,618)
- A net loss on fundraising income in the amount of ($504,002) in 2015
Note: The NCMEC also claimed net losses on fundraising income in 2014 in the amount of ($432,191);
2013 in the amount of ($279,266); and 2012 in the amount of ($208,753)
NCMEC undergoes an annual independent audit conducted by an outside accounting firm which produces an audited financial statement for the organization.
The books are in the care of Panayiota Souras – SVP, GC Phone: 703-224-2150;
Name, address and phone number of the person who possesses the organization’s books and records: Michael Spence 699 Prince Street, Alexandria, Va 22314 Phone: 703-837-6283
A compensation committee reviews and approves the compensation and benefits for senior executives including the President, COO and CFO. The organization claims to have taken steps to make sure that its compensation process meets the rebuttable presumption of reasonableness.
It is important to note that the following directors: Sharon Cooper (Director), Colleen Nick (Secretary) and Cordelia Anderson (Director) were compensated for consulting services they provided to the organization. The contractual agreements were approved by the board of directors and they took a leave of absence from the board during the term of their respective agreement.
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equineluvr ago
There would be no NCMEC without the crypto Jew John Walsh.
Has anyone looked into Walsh's claims that his son ADAM was abducted?
FreeRebel ago
Yes. The detective in charge of the case told me that Walsh had "never been cleared of complicity in the disappearance of his son." That detective was subsequently replaced with one who was less chatty. That was a cult case: The Hand of Death. I interviewed the Killer.