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Join contestFUCK WWP! They can take their U.S. Congress given D- rating and their anti-gun/anti-2nd stance and go straight to hell. They don't deserve any honorable mention on a pro-gun website like the Hide.
p.s. Fuck Wounded Warrior!
I dunno about all the bullshit you're talking about.
Carry on
^^Ignorance of their policies and anti-gun views is the only reason they even exist. They cater to a bunch of low-info ideologues...
Would you care to post the percentages of monies raised that are in fact used to benefit wounded Vets vs. the percentages spent on overhead, administration, advertising etc. ?
I have read somewhere in the past year that WWP gave around 5% to wounded Vets. One certainly should open their eyes before opening their checkbook. Simply amazing how gentle words and patriotic sounding verse will separate $$$ from other wise intelligent and level headed men. ( and others )
5% goes to administrative purposes. 60% goes directly to events. The rest is spent on advertising, fundraising, promotional stuff.
What do the advertising, promotional, and fundraising activities entail? I understand it costs money to raise funds, but normally you make more out of it than you spend, if you are doing it right. So either 30%+ is spend on advertising and promotionals (advertising), or there is something funny going on. So, 35% overall is effectively just rolling from people's personal funds to the businesses and sponsors that have ties with WWP. That seems quite high to me. I guess 5% admin cost isn't so out of line, but when considering the total amount of $ per year, I wonder how that overhead is broken down.
FUCK WWP! They can take their U.S. Congress given D- rating and their anti-gun/anti-2nd stance and go straight to hell. They don't deserve any honorable mention on a pro-gun website like the Hide.
p.s. Fuck Wounded Warrior!
This was exactly my thoughts. Fuck them
So, because there has been much discussion on this, and we shouldn't take people's opinions as gospel, let's look at the actual numbers.
From the Charity Navigator site:
REVENUE
Contributions
Contributions, Gifts & Grants $143,772,582
Federated Campaigns $3,364,908
Membership Dues $0
Fundraising Events $1,047,555
Related Organizations $0
Government Grants $0
Total Contributions $148,185,045
Program Service Revenue $0
Total Primary Revenue $148,185,045
Other Revenue $6,773,856
TOTAL REVENUE $154,958,901
EXPENSES (Adjusted)
Program Expenses $55,386,953
Administrative Expenses $5,412,693
Fundraising Expenses $34,711,903
TOTAL FUNCTIONAL EXPENSES $95,511,549
Payments to Affiliates $0
Excess (or Deficit) for the year $59,447,352
Net Assets $90,237,753
So here is my problem with this whole situation. You have $150M revenue, and only $50M is spent doing what the organization is supposed to be doing. That's a 33% effectiveness, missing more than you are hitting. On top of that, $59M is retained as "excess," or as I read it, profit - $9M more than spent on services. Yes, I expect there is some restriction on how the assets of the company may be used, but it doesn't look like it's going to services. Where then does it go other than to business partners or employees? Is there some other need and use for this amount of excess on a yearly basis?