Overview
What is Nonprofit Innovations Inc?
Nonprofit Innovations Inc, located at 601 Kappock Street No 5G, Riverdale, NY 10463, is a dedicated organization that assists mission-driven nonprofits in fostering strategic growth and stimulating programmatic innovation. Their primary objective is to help nonprofit organizations refine their strategies, enabling them to launch significant new fundraising initiatives. By joining their Fundraising Council and utilizing their services, nonprofits can strengthen their endowments and build reserves, ultimately working towards long-term sustainability. With a team of 11 employees, Nonprofit Innovations Inc plays a crucial role in supporting the growth and success of various nonprofit organizations.
Official website here: www.npiny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
Nonprofit Innovations Inc has received a Three-Star rating from Charity Navigator, indicating a generally favorable evaluation based on its accountability and financial metrics. The organization scored 77% in this category, largely reflecting strong governance practices with a fully independent board and no noted material diversion of assets. Their program expense ratio is high at 89.88%, suggesting that a significant portion of their funds is directed towards their charitable activities.
One of the key strengths of Nonprofit Innovations Inc is the presence of a majority independent board, which enhances governance transparency and accountability. They have established conflict of interest and document retention policies, and their financial health appears solid, given the low liabilities to assets ratio of 3.53%. However, the organization is lacking a whistleblower policy, which could limit certain aspects of organizational accountability and employee protection.
Overall, while Nonprofit Innovations Inc exhibits a strong commitment to financial responsibility and governance, the absence of a whistleblower policy highlights an area that could benefit from improvement. Stakeholders may want to consider this as a factor in their assessment of the organization's overall integrity and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Nonprofit Innovations Inc legitimate?
Nonprofit Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nonprofit Innovations 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: $169,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $432,708
For more financial information, click here
Official website here: www.npiny.org
What is the mission statement of Nonprofit Innovations Inc?
Nonprofit Innovations Inc's mission is centered around supporting nonprofit organizations by refining their strategies. This aim is to enable these organizations to launch significant fundraising initiatives. The company utilizes its Fundraising Council and services to help strengthen endowments, build reserves, and work towards long-term sustainability, fostering strategic growth and promoting programmatic innovation within the nonprofit sector.
Official website here: www.npiny.org
What is the revenue of Nonprofit Innovations Inc?
Nonprofit Innovations Inc's revenue in 2021 was $847,495.
Official website here: www.npiny.org
Who are the executives of Nonprofit Innovations Inc and what are their salaries?
The average compensation at Nonprofit Innovations Inc during 2021 was $54,752. There are 11 employees and 10 volunteers at Nonprofit Innovations Inc.
Here are 9 key members and their salaries:
- Compensation: $169,663
- Related: $0
- Other: $0
- Compensation: $20,073
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.npiny.org
Where can I find the form 990 for Nonprofit Innovations Inc?
Nonprofit Innovations Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.npiny.org
Learn more at the official website: www.npiny.org
Mission Statement of Nonprofit Innovations Inc
Nonprofit Innovations Inc is committed to assisting mission-driven nonprofits in refining their strategies, with the ultimate goal of launching major new fundraising initiatives. Their mission is to foster strategic growth and stimulate programmatic innovation within these organizations. Through their Fundraising Council and services, Nonprofit Innovations Inc helps strengthen endowments and build reserves, aiming to ensure long-term sustainability for the nonprofits they support. In essence, Nonprofit Innovations Inc is dedicated to empowering nonprofit organizations to achieve their goals by refining their strategies and enhancing their financial stability.
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Impact
July, 2024
Nonprofit Innovations Inc, based in Riverdale, NY, plays a crucial role in supporting mission-driven organizations to foster strategic growth and stimulate programmatic innovation. By providing fundraising council and services, they help strengthen endowments, build reserves, and work towards long-term sustainability. Their impact lies in empowering nonprofits to refine their strategies and launch major new fundraising campaigns, ultimately contributing to the growth and success of human services organizations.
This information is meant to be a general summary of Nonprofit Innovations 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 2021.
- Program Service Revenue: $779,987
- Gross Receipts: $847,495
Assets and Liabilities:
- Total Assets: $22,626
- Total Liabilities: $800
- Net Assets: $21,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
USE OF EMPLOYEES
Revenue
$779,987
Organization Details
Founding Year
2006
Principal Officer
Laurence A Pagnoni
Website
www.npiny.orgNTEE Category
Code: P02 - Human services
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