Car Donation Foundation FY2020 filing

Tax-deductible

St Louis Park, MN501(c)(3)Since 2007Foundations & GrantmakersEIN 26-3408048Revenue $49.2M in FY2020

On file with the IRSwheelsforwishes.org5775 Wayzata Blvd Ste 700, 55416-1233 · St Louis Park, MNTax-exempt since May 2009Publicly supported — 509(a)(2)

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Financially support charitable organizations through motor vehicle & other property donations.

501(c)(3) charity; gifts are tax-deductible.
42¢ of each $1 spent went to programs.
$250K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $564K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
42%
of spending
Concern: 42% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$250K
to officers and key staff · 0.5% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $73K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.3M
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$49.2M
Spent
$46.4M
To programs
42%
Net assets
$6.3M
By yearFY2020–FY2025
Revenue
$49.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$49.2M
FY2021$65.7M
FY2022$52.5M
FY2023$52.9M
FY2024$56.2M
FY2025$57.2M
Expenses
$46.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$46.4M
FY2021$63.5M
FY2022$53.5M
FY2023$52.9M
FY2024$56.6M
FY2025$57.5M
Net assets
$6.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.3M
FY2021$8.6M
FY2022$7.5M
FY2023$7.5M
FY2024$7.2M
FY2025$6.9M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

42 cents of each dollar spent went to programs.

Program services 42% · $19.4M Management & general 1% · $422K Fundraising 57% · $26.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $250K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$250,000Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Loren Dorshow’s $280K as Executive Director is at the 63rd percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Loren Dorshow$280,000$280,000$280,000$250,000$250,000$250,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds charities by accepting donated vehicles and other property.

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Provided by the organization

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1 program · $19.4M · in their own filed words · FY2020
01

Financially support other charitable organizations through motor vehicle and other property donations. Donors contribute motor vehicles which are sold by wholesale auction houses to the general public. Substantially all proceeds, after expense, are donated to recipient charities.

$19.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$73K
Grants paid · 504 grants · $108.1M · 2020–2025
K9s for Warriors INCFL · FY2025$582,598
Intrepid Fallen Heroes FundNY · FY2025$582,598
Semper Fi & America's FundVA · FY2025$582,598
Gary Sinise FoundationTN · FY2025$582,598
Wear Blue Run to RememberWA · FY2025$510,390
Soldiers to Sidelines LLCDE · FY2025$510,390
Pat Tillman FoundationIL · FY2025$510,390
Oscar Mike FoundationIL · FY2025$510,390
Operation Homefront INCTX · FY2025$510,390
Four Block Foundation INCNY · FY2025$510,390
Warrior Bonfire ProgramCO · FY2025$480,335
Travis Mills FoundationME · FY2025$480,335
See all 504 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$49.2M
Ln 12
Gifts and grantsLn 1h$58.1M
Investment incomeLn 3$15K
Money outPt IX
$46.4M
Ln 25
Programscol B$19.4M
Managementcol C$422K
Fundraisingcol D$26.6M
Owns and owesPt X
$6.3M
net assets · Ln 32
Cash and savingsLn 1–2$3.7M
Total assetsLn 16$10.6M
LiabilitiesLn 26$4.3M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$58.1M
Noncash giftsLn 1g$58.1M
Investment incomeLn 3$15K
Total revenueLn 12$49.2M
Assets in detailPt X, end of year
CashLn 1$3.7M
Cash and savings togetherLn 1–2$3.7M
Total assetsLn 16$10.6M
LiabilitiesLn 26$4.3M
Net assetsLn 32$6.3M
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.4M$3.7M
Total assetsLn 16$7.0M$10.6M
LiabilitiesLn 26$3.5M$4.3M
Net assetsLn 32$3.5M$6.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$19.3M$19.3M
Pay of current officers, directors and key staffLn 5$250K$62K$125K$62K
Pension plan contributionsLn 8$24K$6K$12K$6K
Payroll taxesLn 10$12K$3K$6K$3K
Management feesLn 11a$13.9M$13.9M
Legal feesLn 11b$153K$153K
Accounting feesLn 11c$67K$67K
Professional fundraising feesLn 11e$24K$24K
Advertising and promotionLn 12$12.6M$12.6M
Office expensesLn 13$1K$1K
OccupancyLn 16$18K$5K$9K$5K
TravelLn 17$736$736
InsuranceLn 23$62K$14K$47K$2K
Other expenses (24a–d)Ln 24$2K$2K
Total functional expensesLn 25$46.4M$19.4M$422K$26.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $57.2M$57.5M−$275K$6.9M 990 PDF
FY2024 $56.2M$56.6M−$336K$7.2M 990 PDF
FY2023 $52.9M$52.9M−$18K$7.5M 990 PDF
FY2022 $52.5M$53.5M−$1.0M$7.5M 990 PDF
FY2021 $65.7M$63.5M$2.3M$8.6M 990 PDF
FY2020 Viewing $49.2M$46.4M$2.8M$6.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $49,162,961 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $53,943,804$58,059,936
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$15,384
I-11 Other revenuePrior year −$12,654,742−$8,912,359
I-12 Total revenuePrior year $41,289,062$49,162,961
I-13 Grants and similar amounts paidPrior year $14,393,236$19,303,019
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $269,976$286,280
I-16a Professional fundraising feesPrior year $28,189$24,240
I-17 Other expensesPrior year $27,285,057$26,771,857
I-18 Total expensesPrior year $41,976,458$46,385,396
I-19 Revenue less expensesPrior year −$687,396$2,777,565
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $49,162,961 across 5 lines filed
Lines not itemized here account for −$8,912,359 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$58,059,936
VIII-1g Noncash contributions (included above)$58,059,936
VIII-1h Total contributions, gifts and grants$58,059,936
VIII-3 Investment incomeExcluded from tax $15,384$15,384
VIII-12 Total revenueRelated to mission −$8,912,359 · Unrelated business $0 · Excluded from tax $15,384$49,162,961
Part IX · Statement of functional expenses $46,385,396 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $19,303,019$19,303,019
IX-5 Pay of current officers, directors and key staffPrograms $62,500 · Management $125,000 · Fundraising $62,500$250,000
IX-8 Pension plan contributionsPrograms $6,000 · Management $12,000 · Fundraising $6,000$24,000
IX-10 Payroll taxesPrograms $3,070 · Management $6,140 · Fundraising $3,070$12,280
IX-11a Management feesFundraising $13,882,879$13,882,879
IX-11b Legal feesManagement $153,134$153,134
IX-11c Accounting feesManagement $67,021$67,021
IX-11e Professional fundraising feesFundraising $24,240$24,240
IX-12 Advertising and promotionFundraising $12,584,384$12,584,384
IX-13 Office expensesManagement $1,266$1,266
IX-16 OccupancyPrograms $4,608 · Management $9,216 · Fundraising $4,608$18,432
IX-17 TravelPrograms $736$736
IX-23 InsurancePrograms $13,674 · Management $46,616 · Fundraising $1,865$62,155
IX-24 Other expenses (24a–d)Management $1,850$1,850
IX-25 Total functional expensesPrograms $19,393,607 · Management $422,243 · Fundraising $26,569,546$46,385,396
Part X · Balance sheet $10,591,554 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $2,372,916$3,653,159
X-4 Accounts receivableStart of year $766,332$1,480,854
X-8 Inventories for sale or useStart of year $3,835,229$5,405,544
X-9 Prepaid expenses and deferred chargesStart of year $71,834$51,997
X-16 Total assetsStart of year $7,046,311$10,591,554
X-17 Accounts payable and accrued expensesStart of year $2,913,019$3,195,245
X-18 Grants payableStart of year $603,507$1,088,959
X-26 Total liabilitiesStart of year $3,516,526$4,284,204
X-27 Net assets without donor restrictionsStart of year $3,529,785$6,307,350
X-32 Total net assets or fund balancesStart of year $3,529,785$6,307,350
X-33 Total liabilities and net assetsStart of year $7,046,311$10,591,554
Part XI · Reconciliation of net assets $6,307,350 net assets at year end
XI-1 Total revenue$49,162,961
XI-2 Total expenses$46,385,396
XI-3 Revenue less expenses$2,777,565
XI-4 Net assets at start of year$3,529,785
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,307,350

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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