Overview
What is Nicsa Inc?
Nicsa Inc, based in Boston, Massachusetts, serves as a significant platform for professionals within the global investment management community. As a leading provider, Nicsa offers educational and networking opportunities through events like the Strategic Leadership Forum and expo. Their primary mission is to foster discussion and share best practices within the industry, aiming to enhance services for their clientele. With a modest workforce of nine employees, Nicsa Inc is committed to supporting the growth and development of the investment management sector.
Official website here: www.nicsa.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Nicsa Inc has received a strong Four-Star rating from Charity Navigator, reflecting its excellent accountability and financial management practices. The overall score is derived entirely from its accountability and finance metrics, where it scored an impressive 92%. This rating indicates a high level of transparency and sound fiscal responsibility.
The organization boasts a fully independent board with 100% of its members being independent, earning top marks in this category. Additionally, it has established robust financial oversight mechanisms, such as an Audit and Oversight Committee, and has no reported issues with material diversion of assets. The presence of essential policies, including conflict of interest and whistleblower policies, further strengthens Nicsa Inc's commitment to ethical governance.
While Nicsa Inc's program expense ratio is commendable at 84.57%, indicating a significant portion of funds directed towards its mission, there is a noted liability to assets ratio of 55.46%. This suggests a moderate level of liabilities, which could be a point for potential improvement in future financial strategies. Overall, the organization demonstrates strong performance in accountability and finance, positioning it as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Nicsa Inc legitimate?
Nicsa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nicsa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $483,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $769,129
For more financial information, click here
Official website here: www.nicsa.org/
What is the mission statement of Nicsa Inc?
Nicsa Inc, recognized as the leading provider in the global investment management community, focuses on offering independent education and networking forums. Their mission is to enhance the services provided to their customers by fostering operational best practices through organized discussions and educational forums. Nicsa Inc utilizes various platforms, such as their annual Strategic Leadership Forum and expo, to facilitate both educational opportunities and networking among its membership. The organization's primary objective is to contribute to the advancement of the investment management industry.
Official website here: www.nicsa.org/
Who is the CEO of Nicsa Inc?
James A Fitzpatrick is the Chairman of Nicsa Inc. The CEO's salary of Nicsa Inc is $440,000 and their total compensation is $482,000.
Official website here: www.nicsa.org/
What is the revenue of Nicsa Inc?
Nicsa Inc's revenue in 2023 was $2,221,537.
Official website here: www.nicsa.org/
Who are the executives of Nicsa Inc and what are their salaries?
The average compensation at Nicsa Inc during 2023 was $139,125. There are 9 employees and 700 volunteers at Nicsa Inc.
Here are 41 key members and their salaries (Nicsa Inc's CEO's salary is $440,000 and their total compensation is $482,000):
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Official website here: www.nicsa.org/
Where can I find the form 990 for Nicsa Inc?
Nicsa Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nicsa.org/
Learn more at the official website: www.nicsa.org/
Mission Statement of Nicsa Inc
NICSA, as the leading authority in the global investment management community, is committed to facilitating educational and networking opportunities for professionals in this field. Their mission is to empower these professionals by fostering discussions and promoting operational best practices. By doing so, NICSA aims to enhance the ability of its members to serve their customers more effectively. This is achieved through various forums and events, such as the annual NICSA Strategic Leadership Forum and expo, which offers a platform for networking and learning. The organization's activities are designed to improve the overall performance and efficiency of the global investment management industry.
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Impact
July, 2024
Nicsa Inc's impact lies in being the leading provider of independent education and networking forums for professionals in the global investment management community. By hosting events like the annual NICSA Strategic Leadership Forum and expo in Boston, MA, Nicsa Inc facilitates educational and networking opportunities that help industry professionals develop operational best practices. Through their mission to enhance the Global Investment Management Industry through discussions and education, Nicsa Inc plays a crucial role in better serving customers and advancing the industry as a whole.
This information is meant to be a general summary of Nicsa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $11,233
- Program Service Revenue: $2,210,730
- Gross Receipts: $2,277,564
Assets and Liabilities:
- Total Assets: $1,428,233
- Total Liabilities: $792,148
- Net Assets: $636,085
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$649,475
Diversity Project
Revenue
$454,162
Strategic Leadership Forum
Revenue
$439,330
General Membership Meetings
Revenue
$281,780
Symposium
Revenue
$230,889
Organization Details
Founding Year
1987
Phone
(508) 485-1500Principal Officer
James A Fitzpatrick
Main Address
101 Federal Street Suite 1900, Boston, MA, 021101861
Website
www.nicsa.org/NTEE Category
Code: B50 - Education
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