Overview
What is Mission Capital?
Mission Capital is a nonprofit organization based in Austin, Texas, with a mission to promote equity and opportunity in the Central Texas community. Their services encompass consulting, offering strategic guidance on various aspects such as business planning, leadership transitions, mergers, and partnerships. They also provide learning and leadership programs to bolster the capacity and interconnectedness of nonprofit and philanthropic leaders. Furthermore, Mission Capital fosters collaborations between nonprofit, government, and business leaders to address systemic challenges in the region. With a team of 26 dedicated individuals, their vision is to ensure that everyone in Central Texas has the chance to flourish and access opportunities.
Official website here: www.missioncapital.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Mission Capital has achieved an impressive Four-Star rating from Charity Navigator, primarily due to its high score in Accountability & Finance, which stands at 97%. This rating signifies strong financial health and transparency, reflecting the organization's commitment to responsible management of resources. The charity has demonstrated a robust governance structure, with a majority of independent board members and thorough oversight practices.
The organization excels in several key areas, with perfect scores for its conflict of interest and whistleblower policies, as well as its financial practices. Notably, Mission Capital has zero material diversions of assets and maintains a sustainable fundraising efficiency, with only $0.06 spent to raise each dollar. Its program expense ratio indicates a strong focus on delivering services, allocating over 70% of its funds directly to programmatic activities.
While the ratings underscore Mission Capital's strengths, they also highlight its operational soundness and commitment to ethical practices. The organization appears well-positioned to continue its mission effectively, although ongoing transparency and adherence to best practices will be essential for maintaining donor trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Mission Capital legitimate?
Mission Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mission Capital 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: $251,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $980,335
For more financial information, click here
Official website here: www.missioncapital.org
What is the mission statement of Mission Capital?
Mission Capital's mission is centered around promoting equity and opportunity for all, aiming to create a region where individuals can thrive. The organization fulfills this mission by supporting and connecting mission-driven leaders, organizations, and networks, equipping them with the necessary resources and tools to advance their work in this area. Through strategic consulting services, learning and leadership programs, and multi-year partnerships, Mission Capital facilitates collaboration among various sectors to address systemic challenges in the community.
Official website here: www.missioncapital.org
Who is the CEO of Mission Capital?
Deborah Barker is the Ceo of Mission Capital. The CEO's salary of Mission Capital is $173,853 and their total compensation is $182,778.
Official website here: www.missioncapital.org
What is the revenue of Mission Capital?
Mission Capital's revenue in 2022 was $1,931,403.
Official website here: www.missioncapital.org
Who are the executives of Mission Capital and what are their salaries?
The average compensation at Mission Capital during 2022 was $47,360. There are 26 employees and 12 volunteers at Mission Capital.
Here are 15 key members and their salaries (Mission Capital's CEO's salary is $173,853 and their total compensation is $182,778):
- Compensation: $173,853
- Related: $0
- Other: $8,925
- Compensation: $91,948
- Related: $0
- Other: $9,837
- Compensation: $74,230
- Related: $0
- Other: $7,808
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.missioncapital.org
Where can I find the form 990 for Mission Capital?
Mission Capital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.missioncapital.org
Learn more at the official website: www.missioncapital.org
Mission Statement of Mission Capital
Mission Capital, as an organization, strives for a Central Texas where every individual has access to opportunities and can prosper. It accomplishes this by equipping, connecting, and empowering mission-driven leaders, organizations, and networks that are working towards advancing equity and opportunity in their respective fields. Mission Capital serves as a strategic advisor, offering assistance in areas such as business planning, leadership transitions, mergers, and strategic partnerships. Furthermore, it provides learning and leadership programs aimed at enhancing the capacity and connectedness of nonprofit and philanthropic leaders. Additionally, Mission Capital engages in multi-year partnerships, bringing together leaders from various sectors to address systemic challenges in the community.
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Impact
July, 2024
Mission Capital's impact can be seen in the transformation of Central Texas towards a more equitable and thriving community. Through its consulting services, programs and training, and aligned impact initiatives, Mission Capital plays a crucial role in equipping and connecting mission-driven leaders and organizations to advance equity and opportunity. By partnering with nonprofits, government agencies, and businesses, Mission Capital addresses systemic challenges and fosters collaboration to create positive change in the community.
This information is meant to be a general summary of Mission Capital. 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: $206
- Program Service Revenue: $394,333
- Gross Receipts: $1,931,403
Assets and Liabilities:
- Total Assets: $2,104,954
- Total Liabilities: $126,200
- Net Assets: $1,978,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting
Revenue
$272,851
Customized Training
Revenue
$3,340
Membership Dues & Assessments
Revenue
$72,842
Workshops
Revenue
$45,300
Organization Details
Founding Year
2001
Phone
(512) 477-5955Principal Officer
Deborah Barker
Main Address
2028 E Ben White Blvd 240-7723, Austin, TX, 78741
Website
www.missioncapital.orgNTEE Category
Code: W70 - Public benefit
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