Overview
What is Dc Policy Center?
Dc Policy Center is a nonprofit think tank situated in Washington, D.C. Established with a mission to advance policies for a thriving local economy in the District of Columbia, the organization delivers high-quality, unbiased data analyses. In 2022, they published 57 reports and provided weekly updates to over 1400 subscribers, while also being cited by the media 48 times. The Dc Policy Center operates as a non-partisan entity, providing objective research to support informed policy discussions within the District. With a team of 10 dedicated individuals, they aim to create an economy that maximizes opportunities for residents, workers, and businesses in the District of Columbia.
Official website here: www.dcpolicycenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The DC Policy Center has received a solid rating of 88%, indicating a strong performance in accountability and finance. Its score reflects high marks in independent governance, with a board consisting entirely of independent members, and it has effectively implemented various financial and operational policies, such as a conflict of interest policy and a whistleblower policy. The organization has successfully maintained a favorable liabilities to assets ratio, demonstrating financial stability.
However, the organization has room for improvement, particularly in its program expense ratio, which is at 60.80%. This metric suggests that while a significant portion of funds is directed toward programs, there is still potential for greater efficiency in program spending. Additionally, the organization's strategy score is moderately low at 20 out of 40 points, hinting at possible challenges in strategic planning and execution that could affect future performance.
Overall, while the DC Policy Center shows strengths in governance and financial accountability, its effectiveness in program spending and strategic development are areas to watch for improvement in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Dc Policy Center legitimate?
Dc Policy Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dc Policy Center 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: $317,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,156
For more financial information, click here
Official website here: www.dcpolicycenter.org
What is the mission statement of Dc Policy Center?
The D.C. Policy Center, a non-partisan think tank, is dedicated to advancing policies that foster a robust and growing economy in Washington D.C. Their mission is to equip decision-makers with fact-based, unbiased, and reliable research and analyses. By doing so, they aim to create an economy that maximizes opportunities for residents, workers, and businesses in the district. The organization provides objective data analyses to support a productive policy debate, publishing numerous reports and updates annually, and gaining media attention frequently.
Official website here: www.dcpolicycenter.org
Who is the CEO of Dc Policy Center?
Yesim Sayin Taylor is the Executive Director of Dc Policy Center.
Official website here: www.dcpolicycenter.org
What is the revenue of Dc Policy Center?
Dc Policy Center's revenue in 2022 was $1,506,191.
Official website here: www.dcpolicycenter.org
Who are the executives of Dc Policy Center and what are their salaries?
The average compensation at Dc Policy Center during 2022 was $97,505. There are 10 employees and 56 volunteers at Dc Policy Center.
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Official website here: www.dcpolicycenter.org
Where can I find the form 990 for Dc Policy Center?
Dc Policy Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dcpolicycenter.org
Learn more at the official website: www.dcpolicycenter.org
Mission Statement of Dc Policy Center
The D.C. Policy Center, a non-partisan and independent think tank, is dedicated to advancing policies that foster a robust and thriving economy within the District of Columbia. Its mission is to equip decision-makers with fact-based, unbiased, and reliable research and analyses. By doing so, the organization aims to create an environment that maximizes opportunities for residents, workers, and businesses in the district. In essence, the D.C. Policy Center serves as a reliable source of data-driven insights, contributing to productive policy discussions and ultimately shaping the economic landscape of the district. In 2022, the think tank published 57 reports and analyses, reached 1,448 subscribers through weekly updates, and was cited by the media 48 times, further solidifying its role as a trusted source of information.
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Impact
July, 2024
The D.C. Policy Center has a significant impact on shaping policy discussions and decision-making in the District of Columbia by providing objective, high-quality data analyses to support a productive policy debate. Their work focuses on advancing policies for a strong and vibrant economy in the region. Through their research and policy analyses, they aim to arm decision-makers with fact-based, unbiased, and reliable information to help create opportunities for residents, workers, and businesses in Washington, DC. Their reports and publications, along with media citations, contribute to a more informed and evidence-based approach to economic development and policy formulation in the city.
This information is meant to be a general summary of Dc Policy Center. 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: $240,206
- Gross Receipts: $1,506,191
Assets and Liabilities:
- Total Assets: $1,070,250
- Total Liabilities: $518,045
- Net Assets: $552,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECONOMIC RESEARCH
Revenue
$240,206
Organization Details
Founding Year
2017
Phone
(202) 223-2233Principal Officer
Yesim Sayin Taylor
Main Address
1310 L ST NW 325, WASHINGTON, DC, 20005
Website
www.dcpolicycenter.orgNTEE Category
Code: W99 - Public benefit
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