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AIDS Rides & AIDS
Vaccine Rides 2001 - Financial Overview
The CARE Exchange's
summary of
Pallotta TeamWorks' Record of Impact 2001 as it relates to the
2001 AIDS and AIDS Vaccines Rides
 Download full
2001 Record of Impact (1,275K - large file)
The CARE Exchange strongly
suggests that people interested in participating in or donating to charity events review
the
revised
Standards
for Charitable Accountability. This includes the guideline for
charities to spend at least 65% of revenue on program expenses and no more
than 35% on fundraising and its administration. BBB Wise Giving
Alliance .
It offers guidance to donors on making informed giving decisions.
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|
2001 Event |
Pledge Revenue |
Other Revenue
@ |
Total Revenue |
Total Expenses |
PTW
"Donor Dollar %"
* |
True Return to Charities
‡ |
Total Revenue for Expenses && |
Net $ to Charities |
Riders |
Ave. Pledge per Rider |
Cost per Rider |
|
California AIDSRide |
10,949,000 |
634,000 |
11,583,000 |
5,623,000 |
54.4% |
51.5% |
48.6% |
5,960,000 |
2,812 |
3,894 |
2,000 |
|
Heartland AIDSRide |
5,340,000 |
365,000 |
5,705,000 |
3,820,000 |
35.3% |
33.0% |
67.0% |
1,885,000 |
1,517 |
3,520 |
2,518 |
|
Northeast AIDSRide |
6,004,000 |
411,000 |
6,415,000 |
4,438,000 |
32.9% |
30.8% |
69.2% |
1,977,000 |
2,002 |
2,999 |
2,217 |
|
D.C.
AIDSRide |
6,630,000 |
336,000 |
6,966,000 |
3,278,000 |
55.6% |
52.9% |
47.1% |
3,688,000 |
2,018 |
3,285 |
1,624 |
|
All
AIDSRides 2001 |
28,923,000 |
1,746,000 |
30,669,000 |
17,159,000 |
46.7% |
44.0% |
56.0% |
13,510,000 |
8,349 |
3,464 |
2,055 |
|
All
Vaccine Rides
# |
18,778,000 |
694,000 |
19,472,000 |
15,460,000 |
21.4% |
20.6% |
79.4% |
4,012,000 |
3,972 |
4,728 |
3,892 |
|
Combined
Total- AIDS & AIDS Vaccine Rides |
47,701,000 |
2,440,000 |
50,141,000 |
32,619,000 |
36.7% |
35.0% |
65.0% |
17,522,000 |
12,321 |
3,872 |
2,647 |
@
Other Revenue
primarily includes money raised from Rider and Crew Registration Fees,
sponsorship, Tanqueray naming rights for the AIDSRides and merchandise
revenue.
|
* PTW "Donor
Dollar Return"
This figure is determined by using 100% of "Other Revenue" to offset Total
Expenses and thereby tends to exaggerate the success of an event. It
tells us how much of each donor's dollar ended back with the charities,
rather than the percentage of total revenue raised going back to the
charities. It cannot provide an accurate indication of the exact %
of all money raised to cover expenses.
The figure is calculated as:
|
100% less |
(Total Expenses -
Other Revenue) x 100 |
| |
Pledge Revenue |
|
‡
True Percentage Return to Charities
This is the more traditionally accepted percentage figure
organizations provide to explain return to charity against fundraising and administration costs
of the event. It is the figure used by government bodies and funding
institutions to determine percentages of return. The figure is calculated as
Net Dollars to Charity divided by Total Revenue:
|
(Total Revenue - Total
Expenses) x 100 |
|
Total Revenue
|
|
&&
Percentage of Total Revenue to Pay Expenses. This figure was
not outlined in Pallotta TeamWork's summary. It equals Total
Expenses divided by Total Revenue.
#
All Vaccine
Rides Figures. Although there were three separate Vaccine Rides
in 2001 (Montana, Alaska & Canada-US), Pallotta TeamWorks have not
provided separate accounting for each event in their Record of Impact.
As such, we are unable to analyse the events separately. News -
March 12, 2002: Vaccine Ride Beneficiary
pulls out of 2002 events
1994 - 2001 AIDS & AIDS Vaccine Rides
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|
Year |
Pledge Revenue |
Other
Revenue
@ |
Total Revenue |
Total Expenses |
PTW
"Donor Dollar %"
* |
True Return to Charities
‡ |
Total Revenue to pay Expenses |
Net $ to Charities |
Riders |
Ave. Pledge per Rider |
Cost per Rider |
|
Combined AIDS Rides (1994 - 2001) |
|
1994 |
1,386,000 |
154,000 |
1,540,000 |
527,000 |
73.1% |
65.8% |
34.2% |
1,013,000 |
478 |
2,900 |
1,103 |
|
1995 |
11,384,000 |
1,047,000 |
12,431,000 |
4,799,000 |
67.0% |
61.4% |
38.6% |
7,632,000 |
5,415 |
2,102 |
886 |
|
1996 |
23,674,000 |
1,712,000 |
25,386,000 |
12,313,000 |
55.2% |
51.5% |
48.5% |
13,073,000 |
10,023 |
2,362 |
1,228 |
|
1997 |
26,069,000 |
1,733,000 |
27,802,000 |
12,351,000 |
59.3% |
55.6% |
44.4% |
15,451,000 |
9,386 |
2,777 |
1,316 |
|
1998 |
27,319,000 |
1,692,000 |
29,011,000 |
14,177,000 |
54.3% |
51.1% |
48.9% |
14,834,000 |
8,990 |
3,039 |
1,577 |
|
1999 |
29,631,000 |
2,148,000 |
31,779,000 |
14,167,000 |
59.4% |
55.4% |
44.6% |
17,612,000 |
9,670 |
3,064 |
1,465 |
|
2000 |
27,022,000 |
2,007,000 |
29,029,000 |
14,782,000 |
52.7% |
49.1% |
50.9% |
14,247,000 |
8,327 |
3,245 |
1,775 |
|
2001 |
28,923,000 |
1,746,000 |
30,669,000 |
17,159,000 |
46.7% |
44.0% |
56.0% |
13,510,000 |
8,349 |
3,464 |
2,055 |
|
Total
|
175,408,000 |
12,239,000 |
187,647,000 |
90,275,000 |
55.5% |
51.9% |
48.1% |
97,372,000 |
60,638 |
2,893 |
1,489 |
|
Combined AIDS Vaccine Rides (2000 - 2001) |
|
2000 |
8,257,000 |
301,000 |
8,558,000 |
4,395,000 |
50.4% |
48.6% |
51.4% |
4,163,000 |
1,494 |
5,527 |
2,942 |
|
2001 |
18,778,000 |
694,000 |
19,472,000 |
15,460,000 |
21.4% |
20.6% |
79.4% |
4,012,000 |
3,972 |
4,728 |
3,892 |
|
Total
|
27,035,000 |
995,000 |
28,030,000 |
19,855,000 |
30.2% |
29.2% |
70.8% |
8,175,000 |
5,466 |
4,946 |
3,632 |
|
Combined AIDS & AIDS Vaccine Rides (1994 - 2001) |
|
Total |
202,443,000 |
13,234,000 |
215,677,000 |
110,130,000 |
52.1% |
48.9% |
51.1% |
105,547,000 |
66,104 |
3,062 |
1,666 |
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