Ratings & Metrics
Program % | Cost to Raise $100 |
---|---|
77% | $15 |
Financial Documents
Entity | Document Type | Tax ID |
---|---|---|
March of Dimes Foundation | Audited Financial Statements | 13-1846366 |
March of Dimes Foundation | IRS Form 990 | 13-1846366 |
Entity: March of Dimes Foundation Document Type: Audited Financial Statements Tax ID: 13-1846366 |
Entity: March of Dimes Foundation Document Type: IRS Form 990 Tax ID: 13-1846366 |
Governance & Transparency
Top Salaries
Name | Title | Compensation | |
---|---|---|---|
1 | Stacey D. Stewart | President/CEO | $652,343 |
2 | Zsakeba T. Henderson M.D. | Senior VP/MCH IMP | $387,255 |
3 | David C. Damond | Senior VP/CFO | $353,050 |
1 Name: Stacey D. Stewart Title: President/CEO Compensation: $652,343 |
2 Name: Zsakeba T. Henderson M.D. Title: Senior VP/MCH IMP Compensation: $387,255 |
3 Name: David C. Damond Title: Senior VP/CFO Compensation: $353,050 |
Analysts' Notes
According to the March of Dimes audit of December 31, 2022 (Note 1 re: Contributed Materials and Services), March of Dimes received in-kind contributed services and materials in 2022 on which it placed a total value of approximately $2,632,000, including approximately $313,000 of contributed services. [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the March of Dimes audit of December 31, 2022 (Note 11, Loan Payable - Paycheck Protection Program) [$s in thousands, as noted]: "On March 24, 2021, the Organization was granted a loan (the "Loan") in the aggregate amount of $10,000 pursuant to the Paycheck Protection Program (the "PPP") under Division A, Title I of the CARES Act. The Loan, which was in the form of a note dated March 24, 2021, was scheduled to mature on March 24, 2026 and bore interest at a rate of 1.00% per annum. Under the terms of the PPP, the Loan was fully forgiven as of April 7, 2022." |
According to the March of Dimes (MOD) 2022 tax filing, CFF reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding severance payments or change-of-control payments (Schedule J, Part I, Line 4a): "The following individuals received severance payments during 2022. The amount is included in Schedule J, Part II, Column B(III). David C. Damond - $58,991." Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7): "Nonfixed Payments MOD reports "Bonus & incentive compensation" payments to 2 individuals in 2022. Those reported "Bonus & incentive compensation" amounts are: (1) Alison A. Spera, VP, Market Impact: $10,300, with reported total compensation of $258,789 (2) Rochelle S. Siegel, Senior Executive Dir., Market Impact: $9,000, with reported total compensation of $222,319 |