Overview
What is Fsg Inc?
FSG Inc, based in Boston, Massachusetts, is an international nonprofit social enterprise dedicated to accelerating social progress. With a team of 96 employees, they collaborate with foundations, nonprofit organizations, governments, and corporations to amplify their impact on addressing social issues. In 2022, FSG worked on over fifteen education and youth projects of varying sizes and scales, spanning clients from companies, foundations, and nonprofits. Their projects covered a wide range of topics in the education sector and implemented both local and national strategies. Some initiatives included evaluating education systems change work, creating a US education strategy for a multinational corporate foundation, and developing a strategic learning framework for a community college. FSG's mission revolves around strategy consulting, program evaluation, research, and thought leadership to enhance the effectiveness of the nonprofit and philanthropic communities.
Official website here: www.fsg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% - Four-Star out of Four Star rating from Charity Navigator.
Fsg Inc has achieved a strong rating of 92%, reflecting its commitment to accountability and financial health. This rating is based solely on the Accountability & Finance beacon, which indicates a robust oversight of financial practices. The organization has been recognized for having a majority of independent board members, with 85% of its board being independent, which is essential for maintaining objectivity in governance.
The nonprofit demonstrates strong financial management, as evidenced by its high scores in critical areas such as the ratio of program expenses (87.25%) and liabilities to assets (35.04%). Other strengths include the existence of comprehensive policies regarding conflicts of interest and whistleblower protections, as well as the documentation of board meeting minutes, all of which contribute to an environment of transparency and trust.
While the data does not highlight any specific limitations, the reliance on a single beacon score may indicate a lack of assessment in other areas of organizational performance. Nonetheless, Fsg Inc's high marks reflect a solid foundation in governance and financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Fsg Inc legitimate?
Fsg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fsg 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: $1,439,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,603,688
For more financial information, click here
Official website here: www.fsg.org
What is the mission statement of Fsg Inc?
FSG is a nonprofit social enterprise dedicated to accelerating social progress. They achieve this mission by offering strategy consulting, program evaluation, research, and thought leadership to foundations, nonprofit organizations, governments, and corporations in the philanthropic community. In 2022, FSG worked on over fifteen education and youth projects, addressing various issues in the education sector through place-based and national strategies. Their clients ranged from corporations to foundations, and their projects included a state-specific evaluation of education systems, a US education strategy for a multinational corporate foundation, a developmental evaluation, a learning community around child welfare, a strategic review of a foundation's education portfolio, and a strategic learning framework for a community college.
Official website here: www.fsg.org
Who is the CEO of Fsg Inc?
Jennifer Cooperman is the Chief Executive Officer (Until 11/18/22) of Fsg Inc. The CEO's salary of Fsg Inc is $260,707 and their total compensation is $266,621.
Official website here: www.fsg.org
What is the revenue of Fsg Inc?
Fsg Inc's revenue in 2022 was $21,649,064.
Official website here: www.fsg.org
Who are the executives of Fsg Inc and what are their salaries?
The average compensation at Fsg Inc during 2022 was $125,446. There are 96 employees and 59 volunteers at Fsg Inc.
Here are 17 key members and their salaries (Fsg Inc's CEO's salary is $260,707 and their total compensation is $266,621):
- Compensation: $366,669
- Related: $0
- Other: $29,626
- Compensation: $328,014
- Related: $0
- Other: $32,489
- Compensation: $272,377
- Related: $0
- Other: $15,957
- Compensation: $262,789
- Related: $0
- Other: $15,513
- Compensation: $252,182
- Related: $0
- Other: $23,224
- Compensation: $262,233
- Related: $0
- Other: $6,293
- Compensation: $260,707
- Related: $0
- Other: $5,914
- Compensation: $236,139
- Related: $0
- Other: $24,874
- Compensation: $233,289
- Related: $0
- Other: $11,826
- Compensation: $199,900
- Related: $0
- Other: $31,166
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fsg.org
Where can I find the form 990 for Fsg Inc?
Fsg Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fsg.org
Learn more at the official website: www.fsg.org
Mission Statement of Fsg Inc
FSG Inc, an international nonprofit social enterprise, is committed to accelerating social progress by working with various sectors, including foundations, nonprofit organizations, governments, and corporations, to amplify their impact on addressing social issues. FSG's mission is driven by its belief in philanthropic leadership and its expertise in strategy consulting, program evaluation, research, and thought leadership within the nonprofit and philanthropic communities.
In the past year, FSG embarked on over fifteen education and youth projects, demonstrating the organization's dedication and versatility in tackling diverse issues in the education sector. These projects ranged from evaluating the effectiveness of education systems' changes to devising national strategies for a multinational corporate foundation. FSG's vast portfolio also included a developmental evaluation and the establishment of a learning community around child welfare, as well as conducting a strategic review of a foundation's education portfolio and creating a strategic learning framework for a community college. FSG's multifaceted approach to social progress has enabled it to make significant strides in improving the lives of countless individuals.
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Impact
October, 2024
FSG Inc plays a crucial role in driving social progress by collaborating with foundations, government bodies, and corporations to enhance their effectiveness in addressing societal challenges. Through its strategic consulting, program evaluation, and research efforts, FSG has made significant strides in the education sector. In 2022 alone, the organization engaged in over 15 education and youth projects, tackling a wide array of issues related to educational improvement.
These projects varied in size and scope, showcasing FSG's versatility and commitment to tailored solutions. For instance, they conducted state-specific evaluations of education system changes and developed U.S. education strategies for multinational corporate foundations, amplifying impact at both local and national levels. FSG also fostered a learning community around child welfare and executed strategic reviews of foundations' education portfolios, ensuring that their efforts align with broader goals of social equity and effectiveness.
By serving as a bridge between philanthropic resources and community needs, FSG Inc significantly contributes to community improvement, ultimately accelerating the pace of social progress in various sectors. Their comprehensive approach not only strengthens individual initiatives but also promotes collective action towards solving complex social problems.
This information is meant to be a general summary of Fsg 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 2022.
- Investment Income: $175,054
- Program Service Revenue: $16,540,904
- Gross Receipts: $21,649,064
Assets and Liabilities:
- Total Assets: $24,844,786
- Total Liabilities: $8,707,236
- Net Assets: $16,137,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING SERVICES
Revenue
$15,946,447
CONFERENCE PRESENTATIONS
Revenue
$594,457
Organization Details
Founding Year
2005
Phone
(617) 357-4000Principal Officer
Jennifer Cooperman
Main Address
179 LINCOLN STREET, BOSTON, MA, 02111
Website
www.fsg.orgNTEE Category
Code: S05 - Community improvement
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