Overview
What is State Services Organization Inc?
State Services Organization Inc is a Washington, D.C.-based nonprofit that aims to alleviate government burdens and support charitable and educational organizations. They provide office space and cost-effective administrative services in Washington, D.C. to state and local governments, state legislatures, associations, and section 501(c)(3) organizations. These organizations interact with federal, state, and local government agencies, instrumentalities, or associations. The corporation's purpose is to help these organizations carry out their charitable and educational functions more effectively by offering them a convenient and affordable workspace in the nation's capital. The nonprofit currently employs 12 individuals.
Official website here: www.sso.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
State Services Organization Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a need for improvement with an overall score of 69%. While the organization has strengths in governance, such as having 100% independent board members and a solid program expense ratio of 92.72%, it falls short in financial transparency, evidenced by the absence of financial statements.
The organization demonstrates good practices with its conflict of interest and whistleblower policies, both of which are in place. However, the liabilities to assets ratio indicates a potential risk, as it stands at 66.34%. This may raise concerns regarding the organization's financial stability and long-term sustainability.
Despite the identified weaknesses, the organization maintains a focus on its mission, as shown by its high program expense ratio. It is crucial for State Services Organization Inc to address its financial reporting issues and improve transparency in order to enhance trust and credibility among its supporters and the public.
This AI summary has been generated from information found on Charity Navigator.
Is State Services Organization Inc legitimate?
State Services Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. State Services Organization 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: $179,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $725,902
For more financial information, click here
Official website here: www.sso.org
What is the mission statement of State Services Organization Inc?
State Services Organization Inc is a corporation dedicated to alleviating the workload of governments and aiding charitable and educational organizations in their missions. By offering affordable administrative services and office space in Washington D.C., this organization provides valuable support to various state and local governments, legislatures, associations, and Section 501(c)(3) organizations that engage with federal, state, and local entities. Their goal is to streamline operations and enable these organizations to focus on their primary charitable and educational functions more effectively.
Official website here: www.sso.org
Who is the CEO of State Services Organization Inc?
Audrey Williams is the Chairman (Founding) of State Services Organization Inc.
Official website here: www.sso.org
What is the revenue of State Services Organization Inc?
State Services Organization Inc's revenue in 2022 was $14,105,957.
Official website here: www.sso.org
Who are the executives of State Services Organization Inc and what are their salaries?
The average compensation at State Services Organization Inc during 2022 was $75,422. There are 12 employees at State Services Organization Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $144,021
- Related: $0
- Other: $22,516
- Compensation: $130,436
- Related: $0
- Other: $20,632
- Compensation: $101,716
- Related: $0
- Other: $13,354
Official website here: www.sso.org
Where can I find the form 990 for State Services Organization Inc?
State Services Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sso.org
Learn more at the official website: www.sso.org
Mission Statement of State Services Organization Inc
State Services Organization Inc, a mission-driven entity, strives to alleviate the burdens of government by offering invaluable assistance to charitable and educational organizations. Based in Washington D.C., this organization specialized in providing office space and cost-effective administrative services to various state and local entities, associations, government officials, instrumentalities, and non-profit organizations. The entities it serves are engaged in charitable and educational functions, as well as those interacting with federal, state, and local government agencies. By easing the administrative burden, these organizations can focus more on their core missions and make a greater impact in their communities.
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Impact
October, 2024
State Services Organization Inc significantly enhances the operational efficiency of government and charitable entities. By providing affordable office space in Washington, D.C., and offering essential administrative services, the organization helps state and local governments, as well as tax-exempt organizations, focus on their core missions without the burdens associated with high overhead costs. This support enables these entities to engage more effectively with federal, state, and local government agencies, fostering collaboration and streamlining communication.
Moreover, by easing the administrative load, State Services Organization Inc empowers charitable and educational organizations to allocate more resources toward their programs, ultimately advancing their causes. The organization's presence in the nation's capital also facilitates greater access to vital governmental processes, ensuring that smaller governments and organizations are not at a disadvantage in navigating the complexities of federal interactions. Overall, the impact of State Services Organization Inc resonates through enhanced public benefit and improved efficiencies for those it serves.
This information is meant to be a general summary of State Services Organization 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.
- Investment Income: $536,863
- Program Service Revenue: $13,569,094
- Gross Receipts: $19,552,057
Assets and Liabilities:
- Total Assets: $18,759,540
- Total Liabilities: $13,737,673
- Net Assets: $5,021,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental operations
Revenue
$12,045,035
Administrative services
Revenue
$1,524,059
Organization Details
Founding Year
2001
Phone
(202) 624-5490Principal Officer
Audrey Williams
Main Address
444 North Capitol Street NW 237, Washington, DC, 200011594
Website
www.sso.orgNTEE Category
Code: W02 - Public benefit
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