Overview
What is Service Corps Of Retired Executives Association?
The Service Corps of Retired Executives Association is a nonprofit organization headquartered at 1165 Herndon Parkway Suite 100, Herndon, Virginia, 20170. Their primary objective is to bolster America's economic growth and stability by offering free, confidential small business counseling for entrepreneurs across the nation. With a team of 49 employees, SCORE's mission is to invigorate small business communities through mentoring and education. They provide valuable guidance to help entrepreneurs navigate various aspects of business development, contributing to the overall success and vibrancy of small businesses nationwide.
Official website here: www.score.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The Service Corps Of Retired Executives Association has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial integrity. With a score of 93% in Accountability & Finance, the organization demonstrates clear transparency in its operations, evidenced by its independent board structure and thorough audit processes.
Strengths of the organization include a fully independent board and high program expense ratio, indicating that a significant portion of its funds directly supports its mission. The charity also excels in its accountability practices, having established comprehensive policies around conflict of interest, whistleblower protections, and the retention of documents. The Culture & Community score of 100 suggests that the organization prioritizes feedback from its stakeholders and effectively incorporates this input into its operations.
While the review does not highlight any significant limitations, the organization continues to thrive in its mission, showcasing a robust commitment to ethical practices and community engagement. Overall, the Service Corps Of Retired Executives Association stands out as a highly rated nonprofit dedicated to assisting retired executives in making impactful contributions through service.
This AI summary has been generated from information found on Charity Navigator.
Is Service Corps Of Retired Executives Association legitimate?
Service Corps Of Retired Executives Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Service Corps Of Retired Executives Association 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: $1,443,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,944,988
For more financial information, click here
Official website here: www.score.org
What is the mission statement of Service Corps Of Retired Executives Association?
The Service Corps of Retired Executives Association is dedicated to fostering the growth of small businesses across the nation. Through their mission, they aim to contribute to America's economic development and stability. They accomplish this goal by providing free and confidential small business counseling to entrepreneurs. SCORE's primary focus is on mentoring and educating small business owners to help them thrive and succeed. The organization's efforts revolve around assisting these businesses in overcoming challenges and navigating the complexities of entrepreneurship. By sharing their expertise and knowledge, SCORE plays a vital role in nurturing small business communities.
Official website here: www.score.org
Who is the CEO of Service Corps Of Retired Executives Association?
Weston Bridget is the CEO of Service Corps Of Retired Executives Association The CEO's salary of Service Corps Of Retired Executives Association is $245,903 and their total compensation is $350,861.
Official website here: www.score.org
What is the revenue of Service Corps Of Retired Executives Association?
Service Corps Of Retired Executives Association's revenue in 2023 was $20,557,641.
Official website here: www.score.org
Who are the executives of Service Corps Of Retired Executives Association and what are their salaries?
The average compensation at Service Corps Of Retired Executives Association during 2023 was $103,630. There are 52 employees and 11789 volunteers at Service Corps Of Retired Executives Association.
Here are 28 key members and their salaries (Service Corps Of Retired Executives Association's CEO's salary is $245,903 and their total compensation is $350,861):
- Compensation: $245,903
- Related: $70,337
- Other: $34,621
- Compensation: $242,301
- Related: $31,829
- Other: $24,891
- Compensation: $257,620
- Related: $1,268
- Other: $37,616
- Compensation: $207,510
- Related: $41,420
- Other: $20,998
- Compensation: $244,832
- Related: $250
- Other: $23,712
- Compensation: $242,182
- Related: $0
- Other: $26,404
- Compensation: $159,799
- Related: $0
- Other: $29,076
- Compensation: $147,863
- Related: $1,604
- Other: $29,456
- Compensation: $152,913
- Related: $0
- Other: $18,162
- Compensation: $146,035
- Related: $0
- Other: $22,664
- Compensation: $137,597
- Related: $0
- Other: $17,852
- Compensation: $0
- Related: $0
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Official website here: www.score.org
Where can I find the form 990 for Service Corps Of Retired Executives Association?
Service Corps Of Retired Executives Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.score.org
Learn more at the official website: www.score.org
Mission Statement of Service Corps Of Retired Executives Association
The Service Corps of Retired Executives Association, often referred to as SCORE, is a renowned organization committed to fostering thriving small business communities across the nation. With a mission deeply rooted in mentoring and education, SCORE seeks to assist in the economic development and stability of America by providing entrepreneurs with free and confidential small business counseling.
In their pursuit of this mission, SCORE's team of experienced business professionals and retired executives offer valuable insights and guidance to budding entrepreneurs. The organization's expertise spans a wide range of industries and business functions, ensuring a comprehensive and well-rounded approach to supporting small businesses. By fostering an environment conducive to growth and success, SCORE empowers entrepreneurs to turn their dreams into reality and contribute to the vibrancy of the economy.
Through their dedication to small business development, SCORE has become a beacon of hope and a trusted resource for entrepreneurs seeking advice and guidance. Their mentoring and education programs are designed to help businesses navigate the complexities of starting and growing a company, providing essential tools and knowledge that can make all the difference in a business's success story.
In summary, the Service Corps of Retired Executives Association, or SCORE, is a nonprofit organization on a mission to foster small business communities through mentoring and education. By offering free and confidential small business counseling, SCORE empowers entrepreneurs across the nation to turn their visions into thriving businesses and contribute to America's economic growth and stability.
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Impact
October, 2024
The Service Corps Of Retired Executives Association (SCORE) significantly impacts small businesses and local economies across the nation by providing free and confidential counseling to entrepreneurs. By leveraging the expertise of retired executives, SCORE fosters vibrant small business communities through tailored mentorship and educational resources.
This support not only aids in the growth and stability of individual companies but also contributes to broader economic development. Entrepreneurs gain valuable insights and guidance, which empower them to navigate challenges, refine their business strategies, and ultimately succeed in their ventures. The focus on community improvement strengthens the fabric of local economies, enhances job creation, and promotes sustainable growth. Through its mission, SCORE plays a crucial role in nurturing the entrepreneurial spirit and driving economic prosperity.
This information is meant to be a general summary of Service Corps Of Retired Executives Association. 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 2023.
- Investment Income: $81,601
- Program Service Revenue: $853,716
- Gross Receipts: $21,009,526
Assets and Liabilities:
- Total Assets: $11,816,704
- Total Liabilities: $1,430,074
- Net Assets: $10,386,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Program Revenue
Revenue
$63,667
Sales Publication
Revenue
$45
Workshop and Seminar
Revenue
$552,448
Workshop sponsorships
Revenue
$237,556
Organization Details
Founding Year
1964
Principal Officer
Weston Bridget
Website
www.score.orgNTEE Category
Code: S40 - Community improvement
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