Financial Transparency

Pints for Prostates appreciates your support and respects the need to be transparent when it comes to financial reporting and accountability.

Pints for Prostates received its 501(c)3 from the Internal Revenue Service on March 17, 2010*, with an effective date of Jan. 20, 2010. We recently learned that the IRS has posted on its website that it has suspended our non-profit status because its records show Pints for Prostates had not filed a tax return during the last three years. This information is not correct and we believe this to be a clerical mistake. Pints for Prostates has received no direct communications from the IRS relating to this matter. Through our accountant, Pints for Prostates has reached out to the IRS with copies of our 990 filings for the last three years, which are posted below. We are continuing to operate to fulfill our mission and it is our goal to resolve this matter as rapidly as possible.

Pints for Prostates focus is on awareness. The funds we raise come primarily from individual donations made at beer festivals and at pub night events, along with donations from breweries, restaurants and other companies that support our mission. We are a grassroots organization and count on a team of volunteers to accomplish the task of hosting awareness events across the country. None of our officers or Board members have ever received a salary from the organization. Since our inception, Pints for Prostates has hosted awareness events from Seattle, Wash., to Portsmouth, N.H., and St. Paul, Minn., to Sarasota, Fla.

Donations allow us to actively pursue our mission of raising awareness among men about prostate cancer and the critical importance of early detection. We believe that men should take charge of their health and have the right to have regular health screenings and know important data, such as their prostate specific antigen (PSA) number so they are able to have informed discussions with their physician.

Funds Raised

2010: $108,973

2011: $128,353

2012: $196,384

Total raised during three years of operation (2010-2012): $433,710

Expenses

Donations we have received have been utilized in these ways during the first three years:

Donated to Prostate Cancer Orgainzations: $155,461 (35.8%)

Awareness Events (travel, printing, shipping): $107,441 (24.8%)

Fundraising Expenses (raffle/silent auctions): $19,262 (4.4%)

Office Supplies/Equipment: $2,492 (0.6%)

Legal/Accounting: $1,503 (0.3%)

Salaries: $9,756 (2.2%)

Retained Assets: $137,795 (31.8%)

You can review the complete Pints for Prostates filings with the IRS through these links.

Pints for Prostates 501c3

Pints for Prostates 2010 990

Pints for Prostates 2011 990

Pints for Prostates 2012 990

Pints for Prostates reaches men through the universal language of beer with an important health message about the need for regular prostate health screenings and PSA testing. All Pints for Prostates activities focus on assisting men and their families in understanding the critical importance of early detection in fighting prostate cancer. Pints for Prostates will cooperate with any organization that works with men on awareness, offers support following treatment, or conducts research aimed at improving care or finding a cure for prostate cancer.

(* Prior to formally being incorporated and applying for our 501(c)3 designation, Pints for Prostates operated for 18 months as a fund raising campaign of the Us TOO International Prostate Cancer Education and Support Network. During that time all funds donated at Pints for Prostates events were sent directly to Us TOO International and reported as part of their IRS filings. In 2008, we raised a net total $13,279. In 2009, the campaign raised a net total of $44, 925 for Us TOO International.)

(** Pints for Prostates actively supports the efforts of the Us TOO International Prostate Cancer Education and Support Network (www.ustoo.org), which provides information to newly diagnosed men and hosts support groups for men fighting the disease and their families, and the Prostate Conditions Education Council (www.prostateconditions.org), which organizes free men’s health screening clinics across the country.)

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