Overview
What is System Dynamics Society Inc?
System Dynamics Society Inc., headquartered in Wayland, Massachusetts, serves as a platform for researchers, educators, consultants, and practitioners in both corporate and public sectors. This nonprofit organization aims to introduce newcomers to the field, stay updated on current developments, and collaboratively build upon each other's work. During 2022, approximately 1,300 individuals benefited from their services. The Society is primarily funded through conference revenue and investment income. Devoted to the encouragement of system dynamics and systems thinking worldwide, System Dynamics Society Inc. employs a computer-aided approach to policy analysis and design to make a global impact.
Official website here: www.systemdynamics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The System Dynamics Society Inc has achieved an impressive overall score of 92%, which highlights its strong performance in accountability and finance. The organization boasts a fully independent board with a total of 25 members, and it has maintained a high level of financial integrity, evidenced by no material diversions of assets and a favorable liabilities to assets ratio of 6.86%. Additionally, the organization excels in its program expense ratio, allocating 75.55% of its budget to its programs.
Strengths noted include a perfect score in constituent feedback, with 100% for feedback collection, usage, and practices, demonstrating the organization's commitment to engaging with its community effectively. The presence of essential policies such as conflict of interest and document retention further strengthens its governance framework. However, a notable limitation is the absence of a whistleblower policy, which could enhance its commitment to transparency and accountability.
While the organization scores well in equity strategies, with an overall score of 89 out of 100, there are areas for improvement in equity data and policies, as indicated by lower scores in those categories. This suggests a need for the System Dynamics Society Inc to refine its approach to equity in order to fully align with best practices in the nonprofit sector. Overall, the organization demonstrates a strong commitment to accountability and community engagement, making it a commendable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about System Dynamics Society Inc?
While the System Dynamics Society Inc currently has only a couple of reviews, the sentiment appears to be very positive. One reviewer emphasized the collaborative atmosphere and praised the innovative approaches utilized by the organization to address longstanding issues through effective modeling techniques.
This highlights a commitment to fostering teamwork and employing advanced methodologies, suggesting that the society is dedicated to making meaningful advancements in its field. Overall, the feedback reflects a strong appreciation for the insights and solutions this nonprofit aims to provide.
This AI summary has been generated from reviews found on Facebook.
Is System Dynamics Society Inc legitimate?
System Dynamics Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. System Dynamics Society 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: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.systemdynamics.org
What is the mission statement of System Dynamics Society Inc?
The System Dynamics Society Inc is committed to fostering the growth and application of System Dynamics and Systems Thinking globally. This organization serves as a platform for researchers, educators, consultants, and practitioners in both the corporate and public sectors to interact and share knowledge. It aims to introduce newcomers to the field, keep up with current developments, and build upon each other's work. In 2022, around 1,300 individuals benefited from its services. The Society primarily relies on revenue from conferences and investment income for its support.
Official website here: www.systemdynamics.org
Who is the CEO of System Dynamics Society Inc?
Rebecca D Niles is the Past President of System Dynamics Society Inc.
Official website here: www.systemdynamics.org
What is the revenue of System Dynamics Society Inc?
System Dynamics Society Inc's revenue in 2022 was $594,686.
Official website here: www.systemdynamics.org
Who are the executives of System Dynamics Society Inc and what are their salaries?
The average compensation at System Dynamics Society Inc during 2022 was $52,500. There are 2 employees and 645 volunteers at System Dynamics Society Inc.
Here are 26 key members and their salaries:
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- Compensation: $101,138
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- Other: $3,862
Official website here: www.systemdynamics.org
Where can I find the form 990 for System Dynamics Society Inc?
System Dynamics Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.systemdynamics.org
Learn more at the official website: www.systemdynamics.org
Mission Statement of System Dynamics Society Inc
System Dynamics Society Inc, a renowned organization, is committed to fostering the growth and application of System Dynamics and Systems Thinking globally. This computer-aided approach to policy analysis and design serves as a powerful tool for understanding complex systems and making informed decisions. The society's primary objective is to serve as a platform, bringing together researchers, educators, consultants, and practitioners from various sectors, including the corporate and public domains. This collaborative environment allows newcomers to be introduced to the field, keeps existing members updated on the latest developments, and encourages the collective advancement of knowledge and practice in System Dynamics.
In 2022, System Dynamics Society Inc successfully served approximately 1,300 individuals, underscoring its impact and reach within the field. The organization primarily relies on conference revenue and investment income for its financial support, indicating its commitment to providing a platform for knowledge exchange and professional development. System Dynamics Society Inc's mission is to lead the way in promoting and utilizing System Dynamics, ultimately contributing to more informed and effective decision-making in various spheres of life.
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Impact
July, 2024
System Dynamics Society Inc's impact lies in providing a critical platform for the interaction of researchers, educators, consultants, and practitioners from both corporate and public sectors. Through this platform, newcomers to the field are introduced, participants stay informed on current developments, and valuable networking opportunities are created for building on each other's work. In 2022, approximately 1,300 individuals were served by the Society. The organization primarily sustains itself through conference revenue and investment income. It is dedicated to encouraging the development and utilization of system dynamics and systems thinking worldwide, contributing to advancements in policy analysis and design.
This information is meant to be a general summary of System Dynamics Society 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: $20,121
- Program Service Revenue: $418,757
- Gross Receipts: $975,419
Assets and Liabilities:
- Total Assets: $1,328,861
- Total Liabilities: $91,258
- Net Assets: $1,237,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$243,069
MEMBERSHIP DUES/SUBSCR
Revenue
$101,508
PUBLICATIONS
Revenue
$58,181
TRAINING AND FACILITAT
Revenue
$15,999
Organization Details
Founding Year
1985
Phone
(978) 540-0411Principal Officer
Rebecca D Niles
Main Address
17 LOKER STREET, WAYLAND, MA, 01778
Website
www.systemdynamics.orgNTEE Category
Code: B20B - Education
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