JDRF International meets the 20 Standards for Charity Accountability.
BBB WGA COMMENT
In finding that JDRF International meets Standard 8, which calls for a minimum of 65% of total expenses being spent on program activities, BBB WGA considered that, although the audited financial statements for the fiscal year ended June 30, 2021, reported total program expenses of $73,831,000 or 64% of total expenses, the organization's expenses were significantly impacted by COVID-19 restrictions. As stated by the charity ". . .Due to the pandemic, JDRF issued $20 million less in research grants. Also, as a cost saving measure, JDRF has reduced the number of chapters from 100 several years ago to the current 29 today."
JDRF International funds research for the development of new therapies and treatments of type 1 diabetes. The organization advocates for federal research funding towards new technologies and treatments and works with regulatory and policy officials to ensure the dispersal of funds. In addition, JDRF International utilizes partnerships with academia, industry, and clinicians to accelerate promising research opportunities.
For the year ended June 30, 2021, JDRF International's program expenses were:
Research |
$42,086,000 |
Public education and advocacy |
$31,745,000 |
Total Program Expenses: |
$73,831,000 |
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Chief Executive
Aaron Kowalski, President and Chief Executive Officer
-
Compensation*
$700,811
-
Chair of the Board
Joseph Lacher
-
Chair's Profession / Business Affiliation
Insurance Director, Kemper Insurance
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Board Size
15
-
Paid Staff Size
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: The highest compensated employee in 2019 was the former President and Chief Executive Officer, Derek Rapp, who received $881,909.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals, Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television
JDRF International incurred joint costs of $1,589,000 for informational materials and activities that included fundraising materials. Of those costs $1,191,000 was allocated to fundraising expenses and $398,000 was allocated to program expenses.
Fundraising costs were 13% of related contributions. (Related contributions, which totaled $175,312,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on JDRF International's audited financial statements - consolidated for the year ended June 30, 2021.
Source of Funds |
Contributions |
$92,987,000 |
Special events, net |
$82,325,000 |
Investment return, net |
$47,392,000 |
Other revenue |
$13,345,000 |
Contributions from international affiliates |
$5,868,000 |
Total Income |
$241,917,000 |
- Programs: 65%
- Fundraising: 20%
- Administrative: 15%
Total Income |
$241,917,000 |
Program expenses |
$73,831,000 |
Fundraising expenses |
$23,281,000 |
Administrative expenses |
$17,952,000 |
Other expenses |
$0 |
Total expenses: |
$115,064,000 |
Income in Excess of Expenses |
$126,853,000 |
Beginning Net Assets |
$133,701,000 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$260,554,000 |
Total Liabilities |
$100,761,000 |
Total Assets |
$361,315,000 |
Note: In finding that JDRF International meets Standard 8, which calls for a minimum of 65% of total expenses being spent on program activities, BBB WGA considered that, althought the audited financial statements for the fiscal year ended June 30, 2021, reported total program expenses of $73,831,000 or 64% of total expenses, the organization's expenses were significantly impacted by COVID-19 restrictions. As stated by the charity ". . .Due to the pandemic, JDRF issued $20 million less in research grants. Also, as a cost saving measure, JDRF has reduced the number of chapters from 100 several years ago to the current 29 today."