Michele,

thanks for the 2001 Report. At least they have improved when you consider that
they
spent 35.6% of the contributions for grants, yet the amount was $22,000 less
than the
year 2000. But remember that at the end of 2000 the NRS had net assets worth
$537,497. I imagine that at the end of 2001 the net assets went down. At least
this
group may keep a keen interest in the NRS budget and wonder if any rosaceans can
have an impact on what the research dollars are spent on. I still think Pascoe
should
organize an International Rosacea Society based in Australia that can have
rosaceans
running it who might allow a fresh approach to research. I realize that this
would
require a serious undertaking on his part but it could start out with him
operating out of
his home office in his spare time. What do you think David? Your the man. You
have
created the largest rosacea support group on planet earth which is no small
accomplishment. IRS all the way!

Brady Barrows


-- In rosacea-support@y..., mschmidt <mschmidt40@y...> wrote:
> Hi- I actually have their 2001 Form 990 - I requested
> it months ago, when the threads were about donating to
> the NRS, and I was curious. Their income has dropped
> in 2001. They received revenue of $202,637 in year
> 2001. Their expenses totaled $451,894. They spent
> $403,212 on program services, $27,308 on management
> and general, and $21,374 on fundraising.
> Program Services includes: $97,180 on public
> awareness which includes a toll free number and
> website; $142,269 on patient education which includes
> Rosacea Review newsletter; $81,423 on Medical
> Scientific Education - which includes committees to
> develop standardized criteria, an annual rosacea
> workshop, and technical exhibits at major medical
> meetings; and $82,340 on Research grants program--and
> $72,230 on actual grants to drs. for research.
>
> Research grants were given to: Dr. M. Yaar at Boston
> University; Dr. Lerner at Mass. General Hospital; Dr.
> Kavanagh at Nat'l. Univ. Ireland, Kildare, Ireland;
> Dr. Fitzpatric at Univ. Coll. Dublin, Ireland; Dr.
> Thiboutot at Penn. State Univ., Dr. Gallo at Veterans
> Med. Research in San Diego. (Maybe someone out there
> knows these doctors and could find out more about
> their research projects.)
>
> No directors or key employees were paid over $50,000.
> The President is Samuel Huff, the Treasurer is Datha
> Olney; and Mary Erhard is the Secretary. However,
> $288,626 was paid to Glendale Communications Group in
> Barrington IL (listed as a contractor). (I wonder if
> Sam Huff and Associates changed their name??)
>
> I'm not an accountant, but before I would give any
> dollars to them, I'd want to know more about what the
> research grants cover, and why the change in income
> from year 2000 to 2001. Just an FYI in 1997 their
> gifts (contributions) received were $284,353, then in
> 1998, it jumped to $1,078,778 and then remained in the
> $900,000 range for 1999 and 2000. Now it's down again
> for 2001..... Interesting.....who stopped giving $
> ...and why?
>
> Brady's right you really need to be an
> accountant--preferably one knowledgeable in non-profit
> accounting to really analyze this document.
>
> Michele
>
> --- ruizdelvizo <ruizdelvizo@y...> wrote:
> > Hi Brady,
> >
> > Wow, you really uncovered some good stuff. I wonder
> > how many of those
> > contributor dollars are from Galderma? I noticed on
> > the Form 990 that
> > they list an individual contributor giving over
> > $700,000 to the NRS.
> > The site blocked out the name of the contributor. I
> > did happen to go
> > the Galderma site and noticed that Galderma is a
> > joint venture
> > between LOreal and Nestle. It's not a little company
> > on it's own.
> >
> > Here's the link if anyone is interested:
> >
> > http://www.galderma.com/about_galderma/about.php
> >
> > I'll see if I can dig up the Galderma annual
> > statement somewhere.
> >
> > Take care,
> > Matija
> >
> > --- In rosacea-support@y..., Brady Barrows
> > <brady.barrows@v...> wrote:
> > > Someone helped me (Michelle) find a way to get the
> > Form 990 Report
> > on
> > > the NRS and a copy of the is available online.
> > >
> > > In 2000 the NRS received about $954,000 of which
> > over $12,000 was
> > > interest and spent over a million bucks for
> > 'grants, program
> > services,
> > > management and fund raising.' By the way, the
> > total expenditure on
> > > grants was only a little over $94,000 which is
> > less than 10% of the
> > > expenditures. At the end of 2000 the net assets
> > of the NRS was
> > $537,497.
> > >
> > > The NRS spent $18,038 for online services,
> > $155,046 for 'program
> > > services expenses' (with regard to the $94,564
> > grants given out),
> > > $75,219 for the physician referral service,
> > $42,819 for a 'rosacea
> > > hotline,' $174,422 for the Rosacea Review
> > Newsletter, $386,429 for
> > > Awareness and Education, and $148,772 for
> > 'Fulfillment Services.'
> > > This totals over a million bucks.
> > >
> > > The NRS has three listed names, Samuel B Huff,
> > President, Dathy J
> > Olney,
> > > Treasurer, and Mary A Earhard, Secretary. It is of
> > note that the
> > only
> > > listed expenditure for "Part II - Compensation of
> > the Five Highest
> > Paid
> > > Independent Contractors for Professional Services"
> > > was paid to Sam Huff & Associates, Inc. of
> > Barrington, IL,
> > for 'Public
> > > Relations' in the amount of $744,075.
> > >
> > > You have to be a certified public accountant or
> > maybe one of
> > Arthur
> > > Anderson's men to figure out some of this, but it
> > sure looks like
> > > if you donate to the NRS you can see where your
> > money is going by
> > > reading FORM 990 which is public knowledge
> > available for free.
> > >
> > > Maybe there should be another organization for
> > rosacea with a
> > better
> > > expenditure approach?
> > >
> > > You can get all this information in a pdf at this
> > url >
> > >
> > > http://www.guidestar.org
> > >
> > > type in the box 'National Rosacea Society'
> > >
> > > and search for the FORM 990 pdf for 2000 and you
> > have your own copy.
> > >
> > > Brady Barrows
> >
> >
> > --
> > Please read the list highlights before posting to
> > the whole group (http://rosacea.ii.net/toc.html).
> > Your post will be delayed if you don't give a
> > meaningful subject or trim your reply text. You must
> > change the subject when replying to a digest !
> >
> > See http://www.drnase.com for info on his recently
> > published book.
> >
> > To leave the list send an email to
> > rosacea-support-unsubscribe@y...
> >
> > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> >
> >
>
>
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