Overview
What is Institute For Local Self Reliance?
The Institute for Local Self-Reliance is a nonprofit organization situated in Washington, D.C. Their mission is to contribute to an economy that upholds democratic values, where businesses and decision-makers are deeply rooted in their local communities and prosperity is broadly shared. They provide a conceptual framework, strategies, and information to facilitate the creation of ecologically sound and economically equitable communities. By collaborating with citizens, activists, policymakers, and entrepreneurs, they aim to design systems, policies, and industries that meet local or regional needs, maximizing local resources, and ensuring that the benefits of these systems and resources are distributed equitably among all citizens. The Institute for Local Self-Reliance has a team of 53 dedicated individuals working towards this goal.
Official website here: www.ilsr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star rating from Charity Navigator.
The Institute For Local Self Reliance has achieved an impressive score of 95%, highlighting robust accountability and financial management practices. With a perfect score in key areas such as independent board representation and financial oversight, the organization demonstrates a strong commitment to transparency and effective governance.
Strengths noted in user feedback include high levels of constituent engagement and a successful feedback collection process, which reflect the organization's responsiveness to community needs. The program expense ratio of 89.69% indicates that a significant majority of funds are directed toward programming rather than administrative costs, showcasing effective resource allocation.
Despite its strong performance, the organization has room for improvement in equity strategies, as evidenced by scores of 79 out of 100 in related categories. This suggests a potential area for growth, particularly in enhancing its responsiveness to equity-related challenges within its operations and outreach efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Local Self Reliance legitimate?
Institute For Local Self Reliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Local Self Reliance 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: $321,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,663,566
For more financial information, click here
Official website here: www.ilsr.org
What is the mission statement of Institute For Local Self Reliance?
The Institute for Local Self-Reliance's mission is to provide a conceptual framework, strategies, and essential information to facilitate the establishment of ecologically sustainable and economically equitable communities. The organization collaborates with citizens, activists, policymakers, and entrepreneurs to design systems, policies, and industries that cater to local or regional needs, maximizing the utilization of local human, material, natural, and financial resources. Crucially, the Institute ensures that the benefits derived from these systems and resources are distributed equitably among all community members.
Official website here: www.ilsr.org
Who is the CEO of Institute For Local Self Reliance?
John Farrell is the Chair of Institute For Local Self Reliance.
Official website here: www.ilsr.org
What is the revenue of Institute For Local Self Reliance?
Institute For Local Self Reliance's revenue in 2022 was $5,615,395.
Official website here: www.ilsr.org
Who are the executives of Institute For Local Self Reliance and what are their salaries?
The average compensation at Institute For Local Self Reliance during 2022 was $37,454. There are 53 employees and 6 volunteers at Institute For Local Self Reliance.
Here are 9 key members and their salaries:
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- Compensation: $106,799
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- Other: $26,422
- Compensation: $87,833
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- Other: $28,967
Official website here: www.ilsr.org
Where can I find the form 990 for Institute For Local Self Reliance?
Institute For Local Self Reliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilsr.org
Learn more at the official website: www.ilsr.org
Mission Statement of Institute For Local Self Reliance
The Institute for Local Self-Reliance is dedicated to offering a theoretical framework, strategies, and vital information to facilitate the establishment of ecologically sustainable and economically equitable communities. By collaborating with citizens, activists, policymakers, and entrepreneurs, this organization strives to develop systems, policies, and industries that cater to local or regional needs. This collaborative effort aims to maximize the use of local human, material, natural, and financial resources, ensuring that the benefits of these systems and resources are distributed equitably among all citizens. In essence, the Institute for Local Self-Reliance serves as a catalyst for community development, fostering ecologically sound and economically fair practices that empower its citizens.
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Impact
October, 2024
The Institute for Local Self Reliance has made significant strides in fostering ecologically-sound and economically equitable communities. By collaborating with citizens, activists, policymakers, and entrepreneurs, it provides essential frameworks and strategies to design local systems that address specific community needs. This approach maximizes the use of local resources—human, material, natural, and financial—and ensures that the benefits are distributed broadly among all citizens.
Through initiatives like the Independent Business Initiative, the Institute advocates for an economy grounded in democratic values, promoting businesses that are accountable to their communities. This not only strengthens local economies but also encourages a sense of community ownership and resilience. Overall, the Institute's efforts contribute to a sustainable future where prosperity is shared and local voices are empowered, leading to meaningful improvements in community well-being.
This information is meant to be a general summary of Institute For Local Self Reliance. 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: $38,652
- Program Service Revenue: $188,411
- Gross Receipts: $6,248,503
Assets and Liabilities:
- Total Assets: $7,355,502
- Total Liabilities: $283,230
- Net Assets: $7,072,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$156,753
PROGRAM AND REGISTRATION FEES
Revenue
$18,947
HONORARIA AND CONSULTING
Revenue
$12,711
Organization Details
Founding Year
1974
Phone
(202) 898-1610Principal Officer
John Farrell
Main Address
1200 18TH ST NW STE 700, WASHINGTON, DC, 20036
Website
www.ilsr.orgNTEE Category
Code: S050 - Community improvement
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