Overview
What is The Mosaic Institute?
The Mosaic Institute is a nonprofit organization situated in Nashville, Tennessee. With a team of three dedicated individuals, its primary focus is on nurturing and connecting leaders of color. Their flagship program, Mosaic Fellowship, is an intellectually rigorous, year-long initiative designed to foster transformative change. The organization's mission is deeply rooted in the concept of "weaving a new South," aiming to support and develop leaders who can bring about positive change in their communities.
Official website here: www.mosaicchangemakers.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 66%)
The Mosaic Institute has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement. With an overall score of 66%, the nonprofit demonstrates some strengths in governance, including a fully independent board and a robust conflict of interest policy. However, significant weaknesses in financial transparency are evident, as the organization scored poorly on key financial metrics, particularly in the financial statements category.
In terms of accountability, The Mosaic Institute performed well in areas such as having a whistleblower policy and properly documenting board meeting minutes. However, the absence of publicly available financial statements and a low score in the liabilities to assets ratio raise concerns regarding fiscal health and transparency. This lack of financial clarity could deter potential donors who prioritize financial accountability when choosing to support nonprofits.
Overall, while The Mosaic Institute has established strong governance practices, the financial transparency issues highlighted by the ratings may impact the organization's credibility and trustworthiness among stakeholders. Addressing these shortcomings could enhance its performance and public perception in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Mosaic Institute legitimate?
The Mosaic Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mosaic Institute 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: $291,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,287
For more financial information, click here
Official website here: www.mosaicchangemakers.org/
What is the mission statement of The Mosaic Institute?
The Mosaic Institute, an organization dedicated to supporting leaders of color, has a mission to foster change. It achieves this by convening leaders of diverse backgrounds, encouraging them to collaborate and work towards a shared vision. The organization is deeply committed to the concept of "weaving a new south." The Mosaic Institute's flagship program, the Mosaic Fellowship, is a year-long, intellectually rigorous initiative designed to cultivate transformative change by bringing together changemakers of color.
Official website here: www.mosaicchangemakers.org/
Who is the CEO of The Mosaic Institute?
Renata Soto is the President of The Mosaic Institute.
Official website here: www.mosaicchangemakers.org/
What is the revenue of The Mosaic Institute?
The Mosaic Institute's revenue in 2022 was $741,258.
Official website here: www.mosaicchangemakers.org/
Who are the executives of The Mosaic Institute and what are their salaries?
The average compensation at The Mosaic Institute during 2022 was $112,693. There are 3 employees at The Mosaic Institute.
Here are 5 key members and their salaries:
- Compensation: $174,471
- Related: $0
- Other: $0
- Compensation: $117,321
- Related: $0
- Other: $0
- Compensation: $16,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mosaicchangemakers.org/
Where can I find the form 990 for The Mosaic Institute?
The Mosaic Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mosaicchangemakers.org/
Learn more at the official website: www.mosaicchangemakers.org/
Mission Statement of The Mosaic Institute
The Mosaic Institute, an organization dedicated to supporting and connecting leaders of color, carries out its mission by bringing together these individuals to catalyze change. Committed to the vision of "Weaving a New South," The Mosaic Institute fosters an environment where leaders of color can collaborate and drive positive transformation. Their flagship program, the Mosaic Fellowship, is a year-long, intellectually rigorous initiative designed to empower changemakers of color, ultimately leading to transformative change.
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Impact
July, 2024
The Mosaic Institute's impact lies in supporting, developing, and connecting leaders of color to create transformative change. Through its flagship program, the Mosaic Fellowship, the organization brings together changemakers for a year-long intellectually rigorous experience. Based in Nashville, TN, The Mosaic Institute is committed to "weaving a new South" by empowering leaders of color to drive progress in civil rights and beyond.
This information is meant to be a general summary of The Mosaic Institute. 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: $137,181
- Gross Receipts: $741,258
Assets and Liabilities:
- Total Assets: $227,312
- Total Liabilities: $91,067
- Net Assets: $136,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$137,181
Organization Details
Founding Year
2019
Phone
(615) 274-9022Principal Officer
Renata Soto
Main Address
PO BOX 90221, NASHVILLE, TN, 37209
Website
www.mosaicchangemakers.org/NTEE Category
Code: R99 - Civil rights
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