Overview
What is Nonprofit Montgomery Inc?
Nonprofit Montgomery Inc is a 501(c)(3) organization based in Rockville, Maryland, dedicated to strengthening local nonprofits. Their mission involves enhancing the sector's competencies, such as financial accountability and sustainability, evaluation, and board governance. They achieve this by offering high-quality programs, building networks, and advocating for nonprofit needs. By doing so, they aim to improve the Montgomery County community by addressing its challenges through their collective impact partnership, Montgomery Moving Forward. The organization is an alliance of over 180 nonprofits, providing vital services and employment to the county's 1 million residents, representing 10% of the workforce and boasting over 4 billion in purchasing power.
Official website here: www.nonprofitmoco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
Nonprofit Montgomery Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 92% overall, reflecting its commitment to transparency and effective financial management. The score is based solely on the Accountability & Finance beacon, demonstrating the nonprofit's dedication to maintaining high standards in these areas.
One of the notable strengths of Nonprofit Montgomery Inc includes having a fully independent board, which is crucial for governance and decision-making. The organization has also received top marks for its financial statements and the absence of material diversions of assets, showcasing sound financial practices. Furthermore, its program expense ratio of 90.10% indicates a strong focus on its mission and effective allocation of resources towards programmatic activities.
However, there are some areas for improvement, most notably the absence of a whistleblower policy, which received a score of zero. This could suggest potential vulnerabilities in the organization’s internal controls. Overall, while Nonprofit Montgomery Inc demonstrates robust financial accountability, addressing the noted limitations could enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Nonprofit Montgomery Inc legitimate?
Nonprofit Montgomery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nonprofit Montgomery 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: $80,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $346,694
For more financial information, click here
Official website here: www.nonprofitmoco.org
What is the mission statement of Nonprofit Montgomery Inc?
Nonprofit Montgomery Inc is a 501(c)(3) organization dedicated to strengthening nonprofits in a specific community. It advocates for the sector and catalyzes action to address the community's toughest challenges. This powerful alliance of 180 nonprofits represents a broad array of services and programs that contribute significantly to the community's well-being. They provide more than 44,000 jobs and have over 4 billion in purchasing power. Nonprofit Montgomery Inc strengthens nonprofits through high-quality programs that address core competencies, such as financial accountability and sustainability, evaluation, and board governance. Their primary focus is on supporting nonprofits that serve the community's 1 million residents, contributing to the community's overall thrive.
Official website here: www.nonprofitmoco.org
Who is the CEO of Nonprofit Montgomery Inc?
Jackie Decarlo is the President of Nonprofit Montgomery Inc.
Official website here: www.nonprofitmoco.org
What is the revenue of Nonprofit Montgomery Inc?
Nonprofit Montgomery Inc's revenue in 2022 was $792,944.
Official website here: www.nonprofitmoco.org
Who are the executives of Nonprofit Montgomery Inc and what are their salaries?
The average compensation at Nonprofit Montgomery Inc during 2022 was $47,460. There are 9 employees and 12 volunteers at Nonprofit Montgomery Inc.
Here are 14 key members and their salaries:
- Compensation: $80,226
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- Other: $2,864
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- Other: $0
Official website here: www.nonprofitmoco.org
Where can I find the form 990 for Nonprofit Montgomery Inc?
Nonprofit Montgomery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nonprofitmoco.org
Learn more at the official website: www.nonprofitmoco.org
Mission Statement of Nonprofit Montgomery Inc
Nonprofit Montgomery Inc, a 501(c)(3) organization, plays a crucial role in strengthening nonprofits within Montgomery County, Maryland. Its mission is multifaceted, encompassing three primary objectives. Firstly, Nonprofit Montgomery Inc advocates for the sector, standing as a powerful alliance of 180 nonprofit organizations that serve the local community's residents. These nonprofits offer a wide array of services and programs, contributing significantly to the community's vitality.
Secondly, Nonprofit Montgomery Inc catalyzes action to address the county's most challenging issues. By providing high-quality programs addressing core nonprofit competencies such as financial accountability, sustainability, evaluation, and board governance, it empowers these organizations to thrive and effectively serve their communities.
Lastly, Nonprofit Montgomery Inc's mission is local in focus, supporting the nonprofits that serve the county's 1 million residents, who together provide over 44,000 jobs and have over 4 billion dollars in purchasing power. In essence, Nonprofit Montgomery Inc functions as a vital hub, strengthening the nonprofit sector and ensuring that it continues to be a significant force in addressing the community's needs.
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Impact
July, 2024
Nonprofit Montgomery Inc strengthens organizations in Montgomery County, Maryland, through high-quality programs that focus on financial accountability, sustainability, evaluation, and board governance. By providing support to its 180 member organizations, Nonprofit Montgomery Inc plays a crucial role in empowering the sector that serves the one million residents of Montgomery County. These organizations contribute significantly to the community, providing over 44,000 jobs and holding a purchasing power exceeding 4 billion dollars.
Additionally, Nonprofit Montgomery Inc advocates for the needs of the sector, builds networks, and addresses community challenges through initiatives like Montgomery Moving Forward, a collective impact partnership. Through its efforts, Nonprofit Montgomery Inc is a powerful alliance that catalyzes action, strengthens the community, and contributes to the overall well-being and growth of Montgomery County.
This information is meant to be a general summary of Nonprofit Montgomery 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.
- Program Service Revenue: $349,601
- Gross Receipts: $804,676
Assets and Liabilities:
- Total Assets: $295,676
- Total Liabilities: $63,185
- Net Assets: $232,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$347,286
PROGRAM REGISTRATION
Revenue
$2,315
Organization Details
Founding Year
2015
Principal Officer
Jackie Decarlo
Main Address
6010 EXECUTIVE BLVD SUITE 200, ROCKVILLE, MD, 20852
Website
www.nonprofitmoco.orgNTEE Category
Code: S99 - Community improvement
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