PVA

I am a member of the PVA (Paralyzed Veterans of America).

Brian Ross (ABC News) reported on Charities involved (supposedly) in aiding Veterans. There were some big name, well known, organizations listed that rated a big, fat ‘F’. The F rating was given to organizations which provided less than 35% of their revenue to actually assisting Veterans. As a member of the PVA I was quite shocked to see the big red F stamped over the PVA logo during the broadcast. Was this true?

I looked up the financial statements on-line. Hmmm… Disturbing. But, the same couldn’t possibly be true of my Chapter (Bay Area & Western – Palo Alto, California) of the PVA. Could it? Another on-line review of financial statements added to my depression. It was worse than the National PVA’s Consolidated Statements.

With $699,728.00 in assets, the Chapter’s largest expenses were Compensation, Fundraising, Conferences and Travel, and Office Supplies. How much went to needy Veteran’s? How much?

The Financial Statements can be reviewed on-line at: http://www.bayareawesternpva.org/newsletterarchive/07annreport.pdf

Shameful. Truly, shameful.