Civic Intelligence

Nra Special Contribution Fund Nra Whittington Center

990 • Fiscal year 2015 • EIN 23-7367534

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 13, 2016

PO Box 700Raton, NM 87740

(575) 445-3615

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

0.40x

Higher debt load relative to assets than 96% of similar nonprofits.

2015 filings • NTEE T • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

1.78x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • NTEE T • $10M-$25M nonprofits • Source year 2015

Net Margin

46th percentile

7.9%

Higher net margin than 46% of similar nonprofits.

2015 filings • NTEE T • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$591,207

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2015 filings • NTEE T • $10M-$25M nonprofits • Source year 2015

Asset Growth

58th percentile

2.3%

Faster asset growth than 58% of similar nonprofits.

2015 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

42nd percentile

-16%

Faster revenue growth than 42% of similar nonprofits.

2015 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$19,168,082

Up $438,034 (+2.3%) from 2014

Net Assets

Up

$11,405,158

Up $310,413 (+2.8%) from 2014

Liabilities

Up

$7,762,924

Up $127,621 (+1.7%) from 2014

Revenue

Down

$4,354,246

Down $812,569 (-16%) from 2014

Expenses

Up

$4,010,347

Up $502,816 (+14%) from 2014

Net Income

Down

$343,899

Down $1,315,385 (-79%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $16,987,582Liabilities 2010: $7,564,857Net Assets 2010: $9,422,7252010Assets 2011: $16,970,765Liabilities 2011: $8,423,325Net Assets 2011: $8,547,4402011Assets 2013: $17,776,548Liabilities 2013: $8,332,893Net Assets 2013: $9,443,6552013Assets 2014: $18,730,048Liabilities 2014: $7,635,303Net Assets 2014: $11,094,7452014Assets 2015: $19,168,082Liabilities 2015: $7,762,924Net Assets 2015: $11,405,1582015Assets 2016: $19,692,519Liabilities 2016: $7,649,119Net Assets 2016: $12,043,4002016Assets 2018: $21,222,721Liabilities 2018: $7,619,972Net Assets 2018: $13,602,7492018Assets 2020: $22,190,723Liabilities 2020: $5,858,566Net Assets 2020: $16,332,1572020Assets 2021: $23,379,054Liabilities 2021: $876,442Net Assets 2021: $22,502,6122021Assets 2022: $21,844,140Liabilities 2022: $712,742Net Assets 2022: $21,131,3982022Assets 2024: $23,807,407Liabilities 2024: $679,873Net Assets 2024: $23,127,5342024

Highlighted filing

2015

Assets$19,168,082
Liabilities$7,762,924
Net Assets$11,405,158

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $3,538,3962010Expenses 2011: $3,587,0452011Revenue 2013: $4,366,401Expenses 2013: $3,631,511Net Income 2013: $734,8902013Revenue 2014: $5,166,815Expenses 2014: $3,507,531Net Income 2014: $1,659,2842014Revenue 2015: $4,354,246Expenses 2015: $4,010,347Net Income 2015: $343,8992015Revenue 2016: $4,664,281Expenses 2016: $4,259,909Net Income 2016: $404,3722016Revenue 2018: $4,159,400Expenses 2018: $4,322,299Net Income 2018: -$162,8992018Revenue 2020: $6,526,878Expenses 2020: $4,064,218Net Income 2020: $2,462,6602020Revenue 2021: $9,858,086Expenses 2021: $4,192,231Net Income 2021: $5,665,8552021Revenue 2022: $4,409,805Expenses 2022: $4,480,524Net Income 2022: -$70,7192022Revenue 2024: $5,184,862Expenses 2024: $4,541,669Net Income 2024: $643,1932024

Highlighted filing

2015

Revenue$4,354,246
Expenses$4,010,347
Net Income$343,899
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 13, 2016
Return Version
2015v2.1
Gross Receipts
$6,351,046
Mission and Program Overview

Mission

Nra special contribution fund provides education and training in firearms safety, marksmanship, and wildlife conservation through the nra whittington center near raton, new mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,409,462$9,214,432▼ $195,030
Investments in Publicly Traded Securities$3,833,162$3,682,754▼ $150,408
Investments Program Related$1,611,098$2,308,274▲ $697,176
Savings and Temporary Cash Investments$1,893,318$2,124,230▲ $230,912
Accounts Receivable$1,138,277$1,043,279▼ $94,998
Inventories for Sale or Use$769,083$750,186▼ $18,897
Pledges and Grants Receivable$70,524$37,839▼ $32,685
Prepaid Expenses and Deferred Charges$5,124$7,088▲ $1,964
Total Assets$18,730,048$19,168,082▲ $438,034
Liabilities
Other Liabilities$7,248,606$7,220,441▼ $28,165
Accounts Payable and Accrued Expenses$206,484$372,450▲ $165,966
Deferred Revenue$139,877$149,373▲ $9,496
Mortgage Notes Payable Secured by Investment Property$40,336$20,660▼ $19,676
Total Liabilities$7,635,303$7,762,924▲ $127,621
Net Assets / Fund Balance
Unrestricted Net Assets$10,100,103$10,423,108▲ $323,005
Temporarily Rstr Net Assets$884,558$871,966▼ $12,592
Permanently Rstr Net Assets$110,084$110,084→ $0
Total Net Assets Fund Balance$11,094,745$11,405,158▲ $310,413
Total Liabilities and Net Assets / Fund Balance$18,730,048$19,168,082▲ $438,034

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,450,850$2,434,941$6,885,791
Equipment$1,316,712$3,521,116$4,837,828
Land$2,491,170-$2,491,170
Leasehold Improvements$729,693$998,285$1,727,978
Other Land Buildings$226,007-$226,007
Investment Program Related Org$175,961--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$127,256-▼ $5,955-$121,301
2014$136,153-▲ $3,831$12,728$127,256
2013$118,420-▲ $17,733-$136,153
2012$101,692-▲ $16,728-$118,420
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wayne ArmacostWhittington Center DirectorFT$104,074$44,474$148,548

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Communications Corporation of AmericaDirect mail services13195 Freedom Way, Boston, VA 22713$169,910
Allegiance Creative Group LLCProfessional fundraiser11250 Waples Mill Rd Suite 310, Fairfax, VA 22030$150,000
Professional Marksmen IncTraining instructionPO Box 317, Colume, SD 57528$118,095
Revenue and Support

Revenue Composition

Contributions and Grants
$2,223,566
Program Service Revenue
$1,324,712
Investment Income
$-72,224
Other Revenue
$878,192
All Other Contributions
$2,223,566
Change in Net Assets
$343,899

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Collectibles26$763,211Sales of comparable items
Total Noncash Contributions26$763,211-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,958,125
Revenue Not Reported on Financial Statements
$-603,879
Revenue Not Reported on Form 990
$-33,486
Other Revenue Adjustments
$-603,879
Total Revenue per Audited Statements
$4,924,639
Total Revenue per Form 990
$4,354,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,435,832
Salaries, Compensation, and Employee Benefits$1,424,515
Total Fundraising Expense$848,853
Professional Fundraising Fees$150,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$700,625$96,224$109,782$906,631
Advertising$28,141$43,601$383,312$455,054
Depreciation Depletion$333,152$31,156$11,190$375,498
Pension Plan Contributions$123,290$17,465$15,955$156,710
Fees for Services Professional Fundraising--$150,000$150,000
Current Officers, Directors, Trustees, and Key Employees$117,947$16,192$14,409$148,548
Other Employee Benefits$100,567$14,246$13,014$127,827
Interest$113,457$4,538$4,538$122,533
Payroll Taxes$66,715$9,451$8,633$84,799
Insurance$60,689$7,335$4,547$72,571
Other Expenses$1,216$4,153$61,177$66,546
Occupancy$50,851$2,034$2,034$54,919
Travel$3,990$29,423$3,594$37,007
Information Technology$8,178$13,936$662$22,776
All Other Expenses-$19,184-$19,184
Fees for Services Accounting-$15,000-$15,000
Office Expenses$11,179$2,446-$13,625
Total Functional Expenses$2,754,375$407,119$848,853$4,010,347

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,614,226
Expenses per Audited Statements$4,010,347
Total Expenses per Form 990$4,010,347
Expenses Not Reported on Form 990$603,879
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$150,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$6,639,073
Payable to the NRA for Raton land$581,368
Annuities payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the board of trustees and by the external auditing firm before it is filed with the IRS.

Form 990, Part VI, Section B, Line 12C

The organization takes conflicts of interest very seriously and utilizes a statement of corporate ethics and updated conflict of interest policy. To monitor and enforce compliance with corporate policies, annual filings must be provided to NRA Office of the Secretary and General Counsel and reviewed regularly and consistently.

Form 990, Part VI, Section B, Line 15

This organization relied on the processes of a related organization to establish compensation of top management officials, and such processes utilized a compensation committee, independent compensation consultants, compensation surveys and studies, comparability data, and ultimate approval by the board or compensation committee. All decisions are properly documented.

Form 990, Part VI, Section C, Line 19

Governing documents, audited financial statements, and annual reports are available upon request for the same period of disclosure as set forth in section 6104d. The organization does not make internal operating policies available to the general public.

Filing and Contact Details

Filer

Filer Name
NRA Special Contribution Fund
EIN
23-7367534
Phone
5754453615
Address
PO Box 700, Raton, NM 87740
Doing Business As
Whittington Center

Signing Officer

Name
Wilson H Phillips Jr
Title
Treasurer
Signed
2016-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wilson H Phillips Jr
Formed
1974
Legal Domicile
Nm
Voting Board Members
14
Independent Board Members
14
Employees
41
Volunteers
542

Preparer

Firm
Rsm US Llp
Address
1861 International Dr Ste 400, McLean, VA 22102
Preparer
James P Sweeney
Phone
7033366400
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Disclosure for clarity and transparency of the NRA complete corporate structure. The NRA is a 501c4 membership association with four 501c3 public charities and a 527 political action committee, which is a separate segregated fund. The four charities affiliated with the NRA are NRA Civil Rights Defense Fund, NRA Foundation Inc, NRA Freedom Action Foundation, and NRA Special Contribution Fund DBA Whittington Center. The political action committee is the NRA Political Victory Fund. See Schedule R, Part II.

Form 990, Part X, Line 25

NRA Special Contribution Fund does business as the Whittington Center in Raton, New Mexico. The NRA transferred the Raton land to NRA Special Contribution Fund with a promissory note on September 25, 1975. NRA Special Contribution Fund owes a liability of 6,639,073 to the NRA for principal and interest on the promissory note, which is registered with Colfax County, New Mexico. These related party transactions are fully disclosed. See Schedule D, Part X, Line 1 for disclosure of NRA Special Contribution Funds note to the NRA, and see Schedule R, Part V, Line 2 for disclosure of interest paid to the NRA during the year.

Financial Statement Notes

III 4

The Frank Brownell Museum of the Southwest and the Bud and Willa Eyman Research Library display gifts and other educational items donated and loaned by supporters. The NRA Museums, including the Frank Brownell Museum of the Southwest at the Whittington Center in Raton, New Mexico, promote gun collecting and the preservation of history through firerms. To make the NRA Museums the finest possible resource for the public, the NRA and its affiliated charities, including the Frank Brownell Museum of the Southwest at the Whittington Center, rely on generous supporters to build the exhibition and research collections through contributions of historically significant firearms. As individuals grow older and make plans for their loved ones and special treasures, all firearms owners must eventually answer the question, What will happen to my guns when I am gone For many supporters, the answer can be found in the NRA Museums, including the Frank Brownell Museum of the Southwest at the Whittington Center.

III 5

This response explains why the Whittington Center may solicit or receive assets that some donors intend to be sold rather than maintained permanently. When donors intend their firearms or related collectibles to be sold rather than held for exhibition or research in the collections of the Frank Brownell Museum of the Southwest or other NRA Museums, the organization fulfills those wishes. Donors may choose to have guns sold for various reasons, such as to support current program services or to fund a charitable gift annuity or charitable trust. The philanthropic intent of each donor determines how a gift is handled.

V 4

The NRA Whittington Center endowment supports Whittington Center program services devoted to gun safety, firearms education, and training.

X 2

This response provides the text of the footnote to the organizations financial statements in accordance with FASB ASC 740. Management evaluated the Funds tax positions and concluded that the Fund had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Generally, the Fund is no longer subject to income tax examinations by the U.S. federal, state, or local tax authorities for years before 2012.

XI 4B

Includes cost of promotional items.

XII 2D

Includes cost of promotional items.

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IRS990/Form990PartVIISectionAGrp/PersonNm1David E Bennett III
IRS990/Form990PartVIISectionAGrp/PersonNm2Thomas P Arvas
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IRS990/Form990PartVIISectionAGrp/PersonNm5Frank R Brownell III
IRS990/Form990PartVIISectionAGrp/PersonNm6J William Carter
IRS990/Form990PartVIISectionAGrp/PersonNm7John L Cushman
IRS990/Form990PartVIISectionAGrp/PersonNm8William H Dailey
IRS990/Form990PartVIISectionAGrp/PersonNm9James W Porter II
IRS990/Form990PartVIISectionAGrp/PersonNm10Kayne Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm11John C Sigler
IRS990/Form990PartVIISectionAGrp/PersonNm12John H Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm13Robert L Viden Jr
IRS990/Form990PartVIISectionAGrp/PersonNm14Emily Cummins
IRS990/Form990PartVIISectionAGrp/PersonNm15Wilson H Phillips Jr
IRS990/Form990PartVIISectionAGrp/PersonNm16Wayne Armacost
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair, Board of Trustees
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Whittington Center Director
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