Overview
What is The Foraker Group?
The Foraker Group is a dedicated nonprofit organization situated in Anchorage, Alaska. Their primary focus is assisting organizations in managing leadership transitions, conducting executive searches, and aiding newly appointed leaders in achieving their objectives. By doing so, they contribute to the organizations' sustainability, going beyond merely ensuring continuous funding. The group is committed to fostering a robust and sustainable nonprofit sector in Alaska. They accomplish this by emphasizing the importance of an organization's mission and its essential elements, ensuring a healthy and viable future for these entities.
Official website here: www.forakergroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Foraker Group has achieved a remarkable 96% score on Charity Navigator, earning it a Four-Star rating. This outstanding score reflects the organization's strong commitment to accountability and finance, which is critical for donor confidence and transparency. The evaluation is entirely based on accountability metrics, indicating that the organization maintains high standards in financial management and governance practices.
Strengths noted in the review include a fully independent board composed of 17 members and a robust audit and oversight committee. The organization has also successfully implemented various policies, such as conflict of interest and whistleblower policies, which enhance internal controls and ensure ethical practices. Additionally, The Foraker Group demonstrates effective use of its resources, with 81.80% of expenses directed toward programs.
While the data does not mention any significant limitations or concerns regarding the organization, the lack of a broader performance evaluation means that potential donors may want to consider looking into additional aspects beyond just accountability and finance. Overall, The Foraker Group stands out as a financially responsible nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Foraker Group legitimate?
The Foraker Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foraker Group 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: $879,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,495,679
For more financial information, click here
Official website here: www.forakergroup.org
What is the mission statement of The Foraker Group?
The Foraker Group's mission is focused on assisting organizations in preparing for leadership transitions and conducting executive searches. Their primary goal is to help these organizations achieve their objectives, extending beyond just securing funding. They are committed to promoting sustainability within the nonprofit sector, emphasizing the importance of an organization's mission. This mission-driven approach is central to their operations, aiming to foster a healthy and enduring nonprofit sector.
Official website here: www.forakergroup.org
Who is the CEO of The Foraker Group?
Laurie Wolf is the Ceo of The Foraker Group. The CEO's salary of The Foraker Group is $270,463 and their total compensation is $328,442.
Official website here: www.forakergroup.org
What is the revenue of The Foraker Group?
The Foraker Group's revenue in 2022 was $6,067,756.
Official website here: www.forakergroup.org
Who are the executives of The Foraker Group and what are their salaries?
The average compensation at The Foraker Group during 2022 was $69,858. There are 34 employees and 75 volunteers at The Foraker Group.
Here are 17 key members and their salaries (The Foraker Group's CEO's salary is $270,463 and their total compensation is $328,442):
- Compensation: $270,463
- Related: $0
- Other: $57,979
- Compensation: $181,384
- Related: $0
- Other: $23,496
- Compensation: $129,105
- Related: $0
- Other: $44,931
- Compensation: $129,617
- Related: $0
- Other: $41,935
- Compensation: $130,215
- Related: $0
- Other: $29,983
- 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.forakergroup.org
Where can I find the form 990 for The Foraker Group?
The Foraker Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forakergroup.org
Learn more at the official website: www.forakergroup.org
Mission Statement of The Foraker Group
The Foraker Group is committed to assisting organizations in navigating leadership transitions, conducting executive searches, and supporting the new hires in achieving their objectives. Their mission extends beyond merely ensuring the sustainability of funding, focusing instead on the organization's core mission and essential elements. The Foraker Group is devoted to fostering a healthy and sustainable nonprofit sector, striving to make a significant impact in this field.
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Impact
July, 2024
The Foraker Group's impact is significant in guiding organizations to prepare for leadership transitions, conduct executive searches, and support new hires to achieve their objectives. By focusing on sustainability beyond funding, they help organizations align with their mission and essential elements. The Foraker Group plays a crucial role in ensuring a healthy and sustainable nonprofit sector in Alaska, located in Anchorage.
This information is meant to be a general summary of The Foraker Group. 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: $11,994
- Program Service Revenue: $2,757,757
- Gross Receipts: $6,067,756
Assets and Liabilities:
- Total Assets: $5,970,191
- Total Liabilities: $1,128,136
- Net Assets: $4,842,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$2,757,757
Organization Details
Founding Year
2001
Phone
(907) 743-1200Principal Officer
Laurie Wolf
Main Address
161 Klevin Street Suite 101, Anchorage, AK, 99508
Website
www.forakergroup.orgNTEE Category
Code: T50 - Philanthropy
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