Civic Intelligence

Nra Special Contribution Fund Nra Whittington Center

990 • Fiscal year 2017 • EIN 23-7367534

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 05, 2018

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

93rd percentile

0.34x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • NTEE T • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

1.25x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • NTEE T • $10M-$25M nonprofits • Source year 2017

Net Margin

56th percentile

32%

Higher net margin than 56% of similar nonprofits.

2017 filings • NTEE T • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

97th percentile

$709,996

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2017 filings • NTEE T • $10M-$25M nonprofits • Source year 2017

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

2017 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

32%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • NTEE T • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$22,346,572

Up $2,654,053 (+13%) from 2016

Net Assets

Up

$14,638,083

Up $2,594,683 (+22%) from 2016

Liabilities

Up

$7,708,489

Up $59,370 (+0.8%) from 2016

Revenue

Up

$6,151,340

Up $1,487,059 (+32%) from 2016

Expenses

Down

$4,183,721

Down $76,188 (-1.8%) from 2016

Net Income

Up

$1,967,619

Up $1,563,247 (+387%) from 2016

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 2016: $19,692,519Liabilities 2016: $7,649,119Net Assets 2016: $12,043,4002016Assets 2017: $22,346,572Liabilities 2017: $7,708,489Net Assets 2017: $14,638,0832017Assets 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

2017

Assets$22,346,572
Liabilities$7,708,489
Net Assets$14,638,083

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 2016: $4,664,281Expenses 2016: $4,259,909Net Income 2016: $404,3722016Revenue 2017: $6,151,340Expenses 2017: $4,183,721Net Income 2017: $1,967,6192017Revenue 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

2017

Revenue$6,151,340
Expenses$4,183,721
Net Income$1,967,619
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$6,940,127
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$9,250,677$9,894,270▲ $643,593
Investments in Publicly Traded Securities$3,992,361$4,669,972▲ $677,611
Savings and Temporary Cash Investments$2,032,371$3,011,074▲ $978,703
Investments Program Related$2,658,472$2,823,452▲ $164,980
Accounts Receivable$1,040,353$1,221,768▲ $181,415
Inventories for Sale or Use$709,745$714,370▲ $4,625
Prepaid Expenses and Deferred Charges$5,268$8,726▲ $3,458
Pledges and Grants Receivable$3,272$2,940▼ $332
Total Assets$19,692,519$22,346,572▲ $2,654,053
Liabilities
Other Liabilities$7,167,533$7,214,507▲ $46,974
Accounts Payable and Accrued Expenses$405,906$410,292▲ $4,386
Deferred Revenue$75,680$83,690▲ $8,010
Total Liabilities$7,649,119$7,708,489▲ $59,370
Net Assets / Fund Balance
Unrestricted Net Assets$10,929,193$12,951,103▲ $2,021,910
Temporarily Rstr Net Assets$1,004,123$1,576,896▲ $572,773
Permanently Rstr Net Assets$110,084$110,084→ $0
Total Net Assets Fund Balance$12,043,400$14,638,083▲ $2,594,683
Total Liabilities and Net Assets / Fund Balance$19,692,519$22,346,572▲ $2,654,053

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,785,013$2,744,018$7,529,031
Equipment$1,404,738$3,735,633$5,140,371
Land$2,491,170-$2,491,170
Leasehold Improvements$870,657$1,081,584$1,952,241
Other Land Buildings$342,692-$342,692
Investment Program Related Org$175,961--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$129,970-▲ $27,101-$157,071
2016$121,301-▲ $8,669-$129,970
2015$127,256-▼ $5,955-$121,301
2014$136,153-▲ $3,831$12,728$127,256
2013$118,420-▲ $17,733-$136,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wayne ArmacostWhittington Center DirectorFT$81,017$33,123$114,140
Becky FishSecretaryFT$51,949$17,112$69,061
Josh Adams starting July 24 2017Whittington Center DirectorFT$36,614$17,008$53,622

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
WM Serazio CompanyEarthmoving contractor138 E Troy Ave, Raton, NM 87740$214,369
Allegiance Creative Group LLCProfessional fundraiser11250 Waples Mill Rd Suite 320, Fairfax, VA 22030$150,000
4Rivers Equipment Colorado Machinery LLCIndustrial equipment services924 11th St, Greeley, CO 80631$141,665
Revenue and Support

Revenue Composition

Contributions and Grants
$4,161,006
Program Service Revenue
$1,361,080
Investment Income
$276,235
Other Revenue
$353,019
All Other Contributions
$3,917,215
Change in Net Assets
$1,967,619

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
Collectibles12$170,129Sales of comparable items
Total Noncash Contributions12$170,129-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,151,340
Revenue Not Reported on Form 990
$1,213,687
Total Revenue per Audited Statements
$7,365,027
Total Revenue per Form 990
$6,151,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,465,184
Salaries, Compensation, and Employee Benefits$1,568,537
Total Fundraising Expense$990,686
Professional Fundraising Fees$150,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$820,094$102,760$134,489$1,057,343
Advertising$12,242$27,315$387,393$426,950
Depreciation Depletion$360,012$25,575$12,575$398,162
Pension Plan Contributions$139,387$19,583$17,757$176,727
Fees for Services Professional Fundraising--$150,000$150,000
Other Employee Benefits$108,950$15,307$13,879$138,136
Other Expenses$114,992$4,600$4,600$124,192
Interest$111,111$4,444$4,444$119,999
Current Officers, Directors, Trustees, and Key Employees$91,282$11,434$14,939$117,655
Insurance$81,811$6,018$3,238$91,067
Payroll Taxes$62,053$8,718$7,905$78,676
Office Expenses$68,284$211-$68,495
Occupancy$51,529$2,061$2,061$55,651
Travel$4,758$43,779$1,237$49,774
Information Technology$7,482$9,299$5,416$22,197
All Other Expenses-$17,512-$17,512
Fees for Services Accounting-$15,000-$15,000
Fees for Services Legal$3,421$137$137$3,695
Fees for Services Other-$2,290-$2,290
Total Functional Expenses$2,778,403$414,632$990,686$4,183,721

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,770,344
Expenses per Audited Statements$4,183,721
Total Expenses per Form 990$4,183,721
Expenses Not Reported on Form 990$586,623
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 Whittington Center land$575,434
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 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

For compensation paid by the filing organization to the director of the Whittington Center, the board of trustees determined the appropriate level. For compensation paid by the related organization to the treasurer, the related organization 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 6014d. 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
Craig B Spray
Title
Treasurer
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig B Spray
Formed
1974
Legal Domicile
Nm
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
568

Preparer

Firm
Rsm US Llp
Address
One South Wacker Ste 800, Chicago, IL 60606
Preparer
Zack Fortsch
Phone
3126343400
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, whch 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.

Form 990, Part XI, Line 9

The figure of 15,066 represents the change in value of split interest agreement.

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 firearms. To make the NRA Museums the finest possible resource for the public, the NRA and its affilated 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.

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 fufills 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 2014.

XI 4B

Includes 586,623 cost of goods sold and 15,066 change in value of split interest agreement.

XII 2D

Includes 586,623 cost of goods sold.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Ronald L Schmeits
IRS990/Form990PartVIISectionAGrp/PersonNm1David E Bennett III
IRS990/Form990PartVIISectionAGrp/PersonNm2Thomas P Arvas
IRS990/Form990PartVIISectionAGrp/PersonNm3Robert K Brown
IRS990/Form990PartVIISectionAGrp/PersonNm4Frank R Brownell III
IRS990/Form990PartVIISectionAGrp/PersonNm5J William Carter
IRS990/Form990PartVIISectionAGrp/PersonNm6John L Cushman
IRS990/Form990PartVIISectionAGrp/PersonNm7William H Dailey through May 1 2017
IRS990/Form990PartVIISectionAGrp/PersonNm8Tom King
IRS990/Form990PartVIISectionAGrp/PersonNm9Robert Nosler
IRS990/Form990PartVIISectionAGrp/PersonNm10James W Porter II
IRS990/Form990PartVIISectionAGrp/PersonNm11Kayne Robinson
IRS990/Form990PartVIISectionAGrp/PersonNm12John C Sigler
IRS990/Form990PartVIISectionAGrp/PersonNm13John H Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm14Robert L Viden Jr
IRS990/Form990PartVIISectionAGrp/PersonNm15Becky Fish
IRS990/Form990PartVIISectionAGrp/PersonNm16Wilson H Phillips Jr
IRS990/Form990PartVIISectionAGrp/PersonNm17Wayne Armacost
IRS990/Form990PartVIISectionAGrp/PersonNm18Josh Adams starting July 24 2017
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair, Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair, Board of Trustees
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Whittington Center Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Whittington Center Director
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