Overview
What is New England Blacks In Philanthropy Inc?
New England Blacks In Philanthropy Inc is a nonprofit organization based in Boston, Massachusetts. Their mission is to transform the practice of philanthropy by shifting the focus from Black deficits to highlighting their considerable potential and financial leverage. The aim is to increase assets in their communities through the power of Black philanthropy. They accomplish this by fostering a strong alliance between funders and Black communities. Their activities include providing tools, programs, and resources to facilitate communication among philanthropies, charities, service providers, and communities, as well as assisting foundations and other giving organizations in making informed grant-making decisions. With a team of 10 dedicated individuals, New England Blacks In Philanthropy Inc works tirelessly to contribute positively to their community.
Official website here: www.nebip.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
New England Blacks In Philanthropy Inc has achieved an impressive overall score of 96%, reflecting a strong commitment to accountability and community engagement. The organization excels in both the Accountability & Finance category, scoring 96%, and the Culture & Community category, scoring 98%. This indicates a well-managed charity that prioritizes transparency and effectiveness in its operations.
One of the standout features of the organization is its fully independent board, featuring 100% independent members, which helps ensure unbiased governance. Financially, the organization demonstrates strong performance with a program expense ratio of 73.59%, meaning a significant portion of funds are directed toward their mission. Additionally, the presence of comprehensive policies such as conflict of interest and whistleblower protections underlines their commitment to ethical practices.
While the organization has received high marks in equity strategies, with a score of 97%, the equity data score of 6 out of 7 suggests there may be room for improvement in analyzing and reporting equity metrics. Nevertheless, overall feedback collection and usage scores are perfect, highlighting their responsiveness to stakeholder input and commitment to continuous improvement.
This AI summary has been generated from information found on Charity Navigator.
Is New England Blacks In Philanthropy Inc legitimate?
New England Blacks In Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Blacks In Philanthropy 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: $149,238
Professional Fundraising Fees: $10,270
Other Salaries and Wages: $320,034
For more financial information, click here
Official website here: www.nebip.org
What is the mission statement of New England Blacks In Philanthropy Inc?
New England Blacks in Philanthropy Inc's mission is centered around transforming the practice of philanthropy. Their goal is to shift the focus from highlighting black deficits to recognizing the significant potential and financial leverage within the black community. This shift aims to increase assets in these communities, leveraging the power of black philanthropy. They achieve this by fostering a strong alliance between funders and black communities. Along the journey, they provide tools and resources to assist foundations and other giving organizations in making informed grant-making decisions regarding their support in these communities.
Official website here: www.nebip.org
Who is the CEO of New England Blacks In Philanthropy Inc?
Bithiah Carter is the President & Ceo of New England Blacks In Philanthropy Inc. The CEO's salary of New England Blacks In Philanthropy Inc is $125,000 and their total compensation is $149,608.
Official website here: www.nebip.org
What is the revenue of New England Blacks In Philanthropy Inc?
New England Blacks In Philanthropy Inc's revenue in 2022 was $958,278.
Official website here: www.nebip.org
Who are the executives of New England Blacks In Philanthropy Inc and what are their salaries?
The average compensation at New England Blacks In Philanthropy Inc during 2022 was $46,927. There are 10 employees and 20 volunteers at New England Blacks In Philanthropy Inc.
Here are 8 key members and their salaries (New England Blacks In Philanthropy Inc's CEO's salary is $125,000 and their total compensation is $149,608):
- Compensation: $125,000
- Related: $0
- Other: $24,608
- 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.nebip.org
Where can I find the form 990 for New England Blacks In Philanthropy Inc?
New England Blacks In Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nebip.org
Learn more at the official website: www.nebip.org
Mission Statement of New England Blacks In Philanthropy Inc
New England Blacks In Philanthropy Inc is dedicated to transforming the practice of philanthropy by focusing on the potential and financial leverage of the Black community. Their mission is to shift the focus away from highlighting deficits and instead shine a light on the significant potential within Black communities. By doing so, they aim to increase the assets in these communities utilizing the power of Black philanthropy.
To achieve their goal, New England Blacks In Philanthropy Inc works to establish a strong alliance between funders and Black communities. They provide essential tools and resources to help foundations and giving organizations make informed grant-making decisions regarding their support in these communities. Their ultimate objective is to change and reform the practice of philanthropy, shifting the focus towards recognizing and maximizing the potential of Black communities.
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Impact
July, 2024
New England Blacks In Philanthropy Inc is transforming the practice of philanthropy by emphasizing the considerable potential and financial leverage of the Black community. By creating a strong alliance between funders and Black communities, they are increasing assets in these communities through the power of Black philanthropy. Their work includes developing tools, programs, and products to drive change through donors and institutions, and facilitating communication among philanthropies, charities, service providers, and communities. Their impact is seen in the shift towards focusing on Black assets rather than deficits, ultimately empowering and supporting Black communities in building their resources.
This information is meant to be a general summary of New England Blacks In Philanthropy 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.
- Program Service Revenue: $3,000
- Gross Receipts: $958,278
Assets and Liabilities:
- Total Assets: $993,779
- Total Liabilities: $68,695
- Net Assets: $925,084
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Fees
Revenue
$3,000
Organization Details
Founding Year
2014
Phone
(617) 261-8555Principal Officer
Bithiah Carter
Main Address
101 Federal Street Ste 1900, Boston, MA, 02110
Website
www.nebip.orgNTEE Category
Code: T50 - Philanthropy
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