In 2008, 57% of ASHA's revenues went to salaries and other compensation.
In 2009, that figure jumped to a whopping 66%.
Think of that for a second: 66% of every dollar ASHA gets makes a non-stop flight into the pockets of its employees. According to ASHA's tax returns, ASHA's top $ earners put in a back-breaking and death-defying average workweek of 50 hours. The mind reels at the physical and mental endurance of ASHA's bosses.
What percentage of a business organization should go to payroll?
The gross percentage of payroll as compared to the gross revenue is the ratio that will begin to tell you if you are in trouble or on the right path. 30-38% is a great place to be in. I see many businesses that tip the scale at over 50% AND YES, THIS IS A BUSINESS ALWAYS IN TROUBLE. Second Wind Consultants
No-one wants to donate to a cause that squanders fifty percent of the raised funds to paid employees and other nefarious expenses. CEOs in non-profit organizations50%? ASHA is now spending 66% of its revenue on paid employees, an increase of 9% in one year! That's $27,074,062 for:
Compensation of current officers, directors, trustees, and key employees: $2,146,082Other salaries and wages: $17,832,762Pension plan contributions: $2,957,242Other employee benefits: 2,703,443Payroll taxes: $1,434,533Total compensation, salaries, wages, and other benefits: $27,074,062
ASHA Revenue for 2009: $40,642,318 (Source: ASHA form 990 Tax return.
Note that ASHA is a non-profit, not a business. Its operating expenses should be no more than 25%. Most of ASHA's revenue is going to support the lifestyles of the one-percenters running it.
If ASHA was a charity, it would be listed as one of the worst charities in the USA!
Some closing words:
If ASHA was a charity, it would be listed as one of the worst charities in the USA!
Some closing words:
[I]t is safe to say that all donors give money not to pay for office supplies and inflated salaries for executives, but rather to the programs that charities undertake to further their goals. Worst Charities In America
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