Nonprofit
3 unrolled threads about nonprofit, each one readable on a single page.
- Feb 19, 2026
The American Red Cross made $3.2 billion last year. 🩸 67% of that revenue came from charging hospitals a processing fee for blood that people donated for free. All of this is in their IRS Form 990....
SummaryThe American Red Cross generated $3.2 billion in revenue in FY2023, with 67% ($2.17 billion) coming from processing fees charged to hospitals for blood donated for free by volunteers. The organization operates primarily as a biomedical services company supplying 40% of the U.S. blood supply, with CEO compensation at $873,211 and improving financial metrics including growing net assets and declining debt.12 tweets1 min read - Jun 29, 2026
🚨 BREAKING: DOJ opens grand jury investigation into Marxist tycoon Neville Roy Singham and alleged money laundering or other financial crimes from his base in China to funding far-left nonprofits in...
SummaryThe DOJ has launched a grand jury investigation into tech entrepreneur Neville Roy Singham for allegedly laundering approximately $278 million from China through U.S. nonprofits to fund far-left activist organizations. Federal prosecutors are examining the financial flow through entities including a Goldman Sachs philanthropy fund, with Treasury Secretary Bessent reportedly pressuring Goldman Sachs to cooperate with investigators.3 tweets1 min read - Nov 20, 2025
🧵 THREAD: CAIR accused of abusing federal funds in report A few days ago, Network Contagion Research Institute (NCRI) put out a damning report on Council on American-Islamic Relations (CAIR); specif...
SummaryA report by Network Contagion Research Institute alleges that CAIR-California abused millions in federal funds intended for Afghan refugee legal services, instead redirecting money toward unreported lobbying activities against Israel and supporting protest movements. The thread claims this violates federal lobbying disclosure laws and IRS restrictions on political activity by tax-exempt organizations.10 tweets1 min read