Overview
What is The American Democracy Institute?
The American Democracy Institute, operating under the name Impact Center, is a nonpartisan, 501(C)(3) organization based in Falls Church, Virginia. With a mission to engage, educate, and empower the next generation of American leaders, the Institute seeks to prepare talented and high-impact individuals to make a significant societal impact. Their primary activity is the Women's Leadership Institute, which focuses on cultivating and supporting transformative leaders to shape society more effectively. The program offers cross-sector learning opportunities, fostering a continuous community for problem-solving, professional development, and lifelong learning. The Institute, with a workforce of three individuals, aims to equip its participants with the tools to be effective public leaders.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars, Needs Improvement (72%)
The American Democracy Institute has received a two-star rating from Charity Navigator, indicating that it needs improvement in various operational aspects. The organization boasts a high level of board independence, with 83% of its board members being independent. Additionally, it has a favorable liabilities to assets ratio, reflecting positive financial health. However, the absence of financial statements has significantly impacted its accountability score.
While the organization has established several important policies, including conflict of interest and whistleblower policies, the lack of transparency in financial reporting raises concerns. The program expense ratio is moderately acceptable at 64.08%, suggesting that a decent portion of its budget is directed towards its programs. However, the overall absence of key financial documents on its website is a notable limitation.
In summary, while The American Democracy Institute demonstrates strengths in governance and some financial indicators, the lack of comprehensive financial information and transparency detracts from its overall rating. Stakeholders may seek further assurance regarding the organization's financial practices and operational effectiveness before engaging with it.
This AI summary has been generated from information found on Charity Navigator.
Is The American Democracy Institute legitimate?
The American Democracy Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Democracy Institute 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: $225,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,935
For more financial information, click here
What is the mission statement of The American Democracy Institute?
The American Democracy Institute, a nonpartisan organization, is dedicated to engaging, educating, and empowering the next generation of American leaders. Their mission is to prepare talented, high-impact individuals to become more effective in their roles as public leaders. The Institute's activities include providing resources and support for personal and professional development, problem-solving, and lifelong learning. One of their initiatives is the Women's Leadership Institute, which aims to develop and support transformational leaders to make a greater impact on society. This is achieved through cross-sector programming that enriches participants' experiences and offers a continuous community of support.
Who is the CEO of The American Democracy Institute?
John Hart is the Chair Of Board of The American Democracy Institute. The CEO's salary of The American Democracy Institute is $225,000 and their total compensation is $225,000.
What is the revenue of The American Democracy Institute?
The American Democracy Institute's revenue in 2022 was $650,228.
Who are the executives of The American Democracy Institute and what are their salaries?
The average compensation at The American Democracy Institute during 2022 was $122,312. There are 3 employees at The American Democracy Institute.
Here are 6 key members and their salaries (The American Democracy Institute's CEO's salary is $225,000 and their total compensation is $225,000):
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- Compensation: $225,000
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Where can I find the form 990 for The American Democracy Institute?
The American Democracy Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The American Democracy Institute
The American Democracy Institute, a nonpartisan 501(C)(3) organization, is dedicated to engaging, educating, and empowering the next generation of American leaders. Its mission is to prepare talented, high-impact individuals to be most effective in their roles as public leaders. The institute aims to equip these leaders with the necessary skills and knowledge to make a significant societal impact.
One of the key initiatives of The American Democracy Institute is its Women's Leadership Institute. This program is committed to developing and supporting transformational leaders who can make a greater impact on society. The Women's Executive Leadership Program, a part of this initiative, offers cross-sector programming. This enriches the experiences of each participant and provides a continuous community of support for problem-solving, navigating professional and career development, and lifelong learning. The institute's work seeks to engage, educate, and empower the future leaders of America, ensuring a diverse and impactful pool of individuals in public leadership roles.
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Impact
July, 2024
The American Democracy Institute has a significant impact on American society through its dedication to engaging, educating, and empowering the next generation of leaders. Specifically, the institute's Women's Leadership Institute plays a vital role in developing and supporting transformational leaders who aim to have a greater impact on society. By providing cross-sector programming and fostering a continuous community of support, the institute equips its participants with the necessary skills and resources to navigate professional and career development effectively. Through its efforts, The American Democracy Institute contributes to building a diverse and impactful leadership pipeline that can address complex societal challenges and drive positive change.
This information is meant to be a general summary of The American Democracy Institute. 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 2022.
- Investment Income: $41
- Program Service Revenue: $649,785
- Gross Receipts: $650,228
Assets and Liabilities:
- Total Assets: $436,128
- Total Liabilities: $14,627
- Net Assets: $421,501
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Organization Details
Founding Year
2005
Phone
(202) 783-8270Principal Officer
John Hart
Main Address
PO BOX 6578, FALLS CHURCH, VA, 22040
NTEE Category
Code: B99 - Education
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