Dear ProCon.org visitors, 2010 was productive and successful for ProCon.org. Some of our major accomplishments and events for the year were:
Thanks to our readers for your continued interest in the information we supply, and thanks to our talented researchers, IT Manager, President/Managing Editor, Board Members, interns, and volunteers. Thanks as well to our expert sources, the media who referenced us, the hundreds of teachers who used our content in the classroom, and to the millions of ProCon.org readers who helped our organization become so successful. And a big thanks to all our supporters for your helping us continue our good work. My thanks again to everyone who helped us achieve so much in 2010. Sincerely, Steven Markoff P.S. If you like our sites, please tell your friends and make a tax-deductible contribution to help us continue our work. Click here for seven ways to support us. |
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In 2009 ProCon.org received total gross income from donations of $660,012 down from $776,297 in 2008. Of our $720,151 in 2009 expenses, $618,097 (85.8%) was spent on program services, $62,527 (8.7%) on management and general expenses, and $39,527 (5.5%) on fundraising expenses. ProCon.org operates with such a high percentage of its expenditures in program services for several reasons, including: we spend small amounts to yield large amounts of funds raised, our operation is remarkably efficient, and our Chairman has refused a salary since we started. |
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3. Detailed Chart of Financial Data, 2004-2009
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Program services are mainly those activities that the reporting organization was created to conduct and which, along with any activities commenced subsequently, form the basis of the organization’s current exemption from tax. Overall management expenses usually include the salaries and expenses of the chief officer of the organization and that officer’s staff. General expenses include those for meetings of the board of directors or similar group; committee and staff meetings (unless held in connection with specific program services or fundraising activities); general legal services; accounting (including patient accounting and billing); general liability insurance; office management; auditing, personnel, and other centralized services; preparation, publication, and distribution of an annual report; and investment expenses. Fundraising expenses are the total expenses incurred in soliciting contributions, gifts, grants, etc. [Definitions provided by the Internal Revenue Service – https://www.irs.gov/instructions/i990ez/ar02.html#d0e5239] |