Overview
What is Boardsource?
Boardsource is a nonprofit organization located in Washington D.C., specifically at 750 9TH STREET NW 520. Their primary mission is to inspire and support nonprofit boards and executives, helping them lead with justice and purpose. They achieve this by offering a variety of membership programs tailored to nonprofit organizations and individual leaders. These programs provide access to Boardsource's extensive online library of leadership and governance resources, along with technical assistance from governance specialists. Boardsource's more in-depth support includes an annual board self-assessment and a board orientation certificate program. As of the end of 2022, Boardsource's Board Support Program had 590 member organizations, 70 federated members, 32 corporate members, 14 foundation members, and 1500 individual leader participants across all membership programs. With a team of 21 employees, Boardsource aims to strengthen the nonprofit community's leadership capacity, enabling it to fulfill its purpose and create a world where all can thrive.
Official website here: www.boardsource.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Boardsource has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong financial health and accountability. With a high Accountability & Finance Score of 97 and a perfect Leadership & Adaptability Score of 100, the organization demonstrates a commitment to transparency and effective governance. The majority of its board members are independent, indicating robust oversight and adherence to best practices.
The nonprofit also shows a solid Program Expense Ratio of 67.42%, suggesting that a substantial portion of its funds is directed towards its programs. Its commitment to governance is further underscored by the presence of key policies such as conflict of interest, whistleblower protections, and document retention. These factors contribute to its overall reliability and trustworthiness in the nonprofit sector.
However, while the organization scores well in many areas, it may benefit from further enhancing its community engagement, as reflected in its Culture & Community Score of 87. Although this is still a commendable score, focusing on fostering a more inclusive culture could strengthen its impact and outreach. Overall, Boardsource is well-regarded for its leadership and financial practices, positioning it as a strong player in the nonprofit landscape.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Boardsource?
100% of 6 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
The sentiment towards Boardsource is overwhelmingly positive, with users expressing strong support for the organization. Many reviews highlight the valuable resources and support offered, emphasizing the impact of the nonprofit's services on their communities.
Overall, the feedback indicates that Boardsource successfully meets the needs of its users. The commitment to delivering quality assistance is evident, and supporters appreciate the organization's mission and its effectiveness in bolstering nonprofit governance.
This AI summary has been generated from reviews found on Facebook.
Is Boardsource legitimate?
Boardsource is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boardsource 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: $516,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,335,467
For more financial information, click here
Official website here: www.boardsource.org
What is the mission statement of Boardsource?
Boardsource's mission is to inspire and support nonprofit boards and executives to lead justly and with purpose. The organization envisions a future where the nonprofit community has the leadership to fulfill its purpose and create a world where all can thrive. To achieve this, Boardsource provides educational programs and technical support to nonprofit leaders, boards, and organizations through various membership programs. These programs offer access to Boardsource's online library of board leadership and governance resources and provide technical assistance from an on-staff governance specialist. Boardsource also offers the Board Support Program, which provides more in-depth support for nonprofit boards, including an annual board self-assessment and a board orientation certificate program. As of the end of 2022, there were 590 member organizations in the Board Support Program, among other participating individuals and corporations.
Official website here: www.boardsource.org
Who is the CEO of Boardsource?
Monika Kalra Varma is the President & Ceo (Until 06/2022) of Boardsource. The CEO's salary of Boardsource is $103,791 and their total compensation is $104,325.
Official website here: www.boardsource.org
What is the revenue of Boardsource?
Boardsource's revenue in 2022 was $3,803,950.
Official website here: www.boardsource.org
Who are the executives of Boardsource and what are their salaries?
The average compensation at Boardsource during 2022 was $88,169. There are 21 employees and 9 volunteers at Boardsource.
Here are 16 key members and their salaries (Boardsource's CEO's salary is $103,791 and their total compensation is $104,325):
- Compensation: $276,622
- Related: $0
- Other: $11,836
- Compensation: $171,932
- Related: $0
- Other: $14,848
- Compensation: $151,860
- Related: $0
- Other: $12,964
- Compensation: $147,267
- Related: $0
- Other: $14,653
- Compensation: $118,563
- Related: $0
- Other: $4,743
- Compensation: $103,791
- Related: $0
- Other: $534
- Compensation: $118,202
- Related: $0
- Other: $14,331
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.boardsource.org
Where can I find the form 990 for Boardsource?
Boardsource's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boardsource.org
Learn more at the official website: www.boardsource.org
Mission Statement of Boardsource
Boardsource, a nonprofit organization, is dedicated to inspiring and supporting the leadership of nonprofit boards and executives, enabling them to lead with purpose and justice. Their vision envisions a future where the nonprofit sector has the leadership required to fulfill its purpose and create a world where all can thrive. To accomplish this, Boardsource offers a variety of educational programs and resources designed for nonprofit organizations and individual leaders. These programs provide access to Boardsource's extensive library of board leadership and governance resources, as well as technical assistance from a governance specialist. Boardsource also offers the Board Support Program, which provides more in-depth support for nonprofit boards, including an annual board self-assessment and a board orientation certificate program. As of the end of 2022, Boardsource had 590 member organizations, 70 federated members, 32 corporate members, 14 foundation members, and 1,500 individual leaders participating in its membership programs.
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Impact
July, 2024
Boardsource inspires and supports boards and executives to lead justly and with purpose. Through educational programs and technical support, Boardsource empowers leaders, boards, and organizations to fulfill their purpose and create a world where all can thrive. With a membership program that provides access to online resources and governance specialists, Boardsource's impact is evident in its 590 member organizations in the Board Support Program, federated networks, corporate members, foundation members, and 1500 individual leaders who are all striving to lead with purpose and make a positive difference in their communities.
This information is meant to be a general summary of Boardsource. 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: $65,597
- Program Service Revenue: $2,730,753
- Gross Receipts: $3,881,647
Assets and Liabilities:
- Total Assets: $10,860,434
- Total Liabilities: $2,686,126
- Net Assets: $8,174,308
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,675,968
ASSESSMENTS
Revenue
$752,744
PROF. DEV. PROGRAMS
Revenue
$302,041
Organization Details
Founding Year
1990
Phone
(202) 349-2500Principal Officer
Monika Kalra Varma
Main Address
750 9TH STREET NW 520, WASHINGTON, DC, 200014590
Website
www.boardsource.orgNTEE Category
Code: A33Z - Arts
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