Overview
What is Pittsburgh Social Venture Partners C/O Pineapple Payments?
Pittsburgh Social Venture Partners C/O Pineapple Payments is a philanthropic organization based in Pittsburgh, Pennsylvania. It comprises a diverse network of individuals who contribute their time, expertise, and capital to accelerate the social impact of nonprofit organizations. The organization's primary activity is the Full Circle Program, an impact accelerator for nonprofits, which aims to enhance their sustainability and overall impact. The program typically hosts two cohort groups each year, partnering nonprofits with executive coaches for guidance and support. During the COVID-19 pandemic, the program shifted to an online format, but in 2022, it returned to in-person events. The program has received positive feedback, helping participating nonprofits secure new funding, improve their messaging, and increase sustainability. Additionally, several PSVP partners continue to work with their nonprofit partners after the program ends. The organization also conducts focus groups and interviews to plan for future programming and increase participation to ensure financial sustainability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Pittsburgh Social Venture Partners has received a two-star rating from Charity Navigator, indicating a need for improvement. The overall score is 67%, which reflects certain strengths in governance but highlights areas that require attention, particularly financial management. The organization boasts a fully independent board, scoring full points in both the majority independent board members and independent board size categories, as well as demonstrating no material diversion of assets.
However, the nonprofit struggles with its program expense ratio, which is 54.22%. This suggests that a smaller portion of its expenses is being directed towards program activities compared to administrative costs, which may raise concerns about the overall impact of its initiatives. While the organization has strong accountability measures in place, as evidenced by its conflict of interest policy and documentation practices, addressing its program expenses will be crucial for future performance and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Pittsburgh Social Venture Partners C/O Pineapple Payments legitimate?
Pittsburgh Social Venture Partners C/O Pineapple Payments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsburgh Social Venture Partners C/O Pineapple Payments 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:
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What is the mission statement of Pittsburgh Social Venture Partners C/O Pineapple Payments?
Pittsburgh Social Venture Partners, as a philanthropic organization, consists of a diverse network of individuals who invest their time, expertise, and capital to accelerate the social impact made by nonprofit organizations. Their Full Circle program serves as an impact accelerator for these nonprofits, providing them with executive coaching, workshops, and financial grants. The goal is to aid nonprofits in gaining new funding, improving their messaging, and enhancing their overall sustainability. The organization strives to provide deeper involvement and skill development to a wider range of organizations each year, utilizing the breadth of skills and experience of its partners. Workshop-style sessions allow partners to interact with multiple nonprofits and build connections with each other. Many partners continue their work with nonprofits beyond the program, contributing in various capacities such as joining the nonprofit's board or volunteering. During the COVID-19 pandemic, the program transitioned to online events, but in 2022, it returned to in-person programming and expanded its outreach to potential new partners, ensuring financial sustainability.
What is the revenue of Pittsburgh Social Venture Partners C/O Pineapple Payments?
Pittsburgh Social Venture Partners C/O Pineapple Payments's revenue in 2022 was $31,296.
Who are the executives of Pittsburgh Social Venture Partners C/O Pineapple Payments and what are their salaries?
There 10 volunteers at Pittsburgh Social Venture Partners C/O Pineapple Payments.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Pittsburgh Social Venture Partners C/O Pineapple Payments?
Pittsburgh Social Venture Partners C/O Pineapple Payments's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pittsburgh Social Venture Partners C/O Pineapple Payments
Pittsburgh Social Venture Partners, an organization comprised of diverse individuals, is dedicated to supporting the social impact of nonprofit organizations. Their mission is to invest time, expertise, and capital in accelerating the growth and effectiveness of these nonprofits. The organization operates a program called Full Circle, which serves as an impact accelerator for nonprofits. In the past, they expected to run two cohort groups per year, but due to the COVID-19 pandemic, they did not field any nonprofit cohorts in 2020. However, as the situation evolved, they were able to resume their program in 2021, pairing nonprofit participants with teams of PSVP partners who served as executive coaches. These coaches provided their time and expertise voluntarily, working directly with the nonprofits throughout the process. The program culminated in a pitch event, and nonprofits received financial grants upon meeting certain requirements. The feedback from participating nonprofits and PSVP partners has been positive, with many crediting the program for aiding in gaining new funding, improving public messaging, and enhancing overall sustainability. Pittsburgh Social Venture Partners strives to provide deeper involvement and skill development for a wider range of organizations each year. The workshop-style sessions allow PSVP partners to interact with multiple nonprofits and with each other, and several partners have continued their work with their nonprofits post-program. In 2022, Full Circle returned to in-person programming. The organization also increased its outreach to potential new partners and conducted focus groups and interviews to plan for future programming.
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Impact
August, 2024
Pittsburgh Social Venture Partners C/O Pineapple Payments's impact lies in accelerating the social impact made by organizations through its Full Circle program. This program serves as Pittsburgh's impact accelerator for participating organizations, providing coaching, workshops, and pitch events to help them improve their messaging, gain new funding, and enhance their overall sustainability. The positive feedback received from participants and partners highlights the program's effectiveness in developing skills, fostering connections, and creating lasting collaborations beyond the program's duration. Additionally, the organization's shift to in-person programming in 2022, along with outreach efforts to engage new partners, demonstrates a commitment to increasing participation and ensuring financial sustainability for future initiatives.
This information is meant to be a general summary of Pittsburgh Social Venture Partners C/O Pineapple Payments. 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: $4
- Program Service Revenue: $1,257
- Gross Receipts: $31,296
Assets and Liabilities:
- Total Assets: $49,006
- Total Liabilities: $12,500
- Net Assets: $36,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,257
Organization Details
Founding Year
2000
Principal Officer
Brett Fulesday
NTEE Category
Code: T30 - Philanthropy
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