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Compass Working Capital Inc

 89 South Street, Suite 804
 Boston, MA 02111
[P] (617) 790-0810
[F] --
http://www.compassworkingcapital.org/
[email protected]
James Stuart
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INCORPORATED: 2005
 Printable Profile (Summary / Full)
EIN 20-3975100

LAST UPDATED: 08/10/2018
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

Mission StatementMORE »

Compass Working Capital (“Compass”) provides savings and financial coaching programs that support families with low incomes to build assets, achieve their financial goals, and become more financially secure. Our broader vision is to build a leading, nonprofit financial services organization that promotes economic mobility and financial security for families with low incomes by influencing field-related practice and policy.

Mission Statement

Compass Working Capital (“Compass”) provides savings and financial coaching programs that support families with low incomes to build assets, achieve their financial goals, and become more financially secure. Our broader vision is to build a leading, nonprofit financial services organization that promotes economic mobility and financial security for families with low incomes by influencing field-related practice and policy.

FinancialsMORE »

Fiscal Year Sept 01, 2017 to Aug 31, 2018
Projected Income $3,558,833.00
Projected Expense $3,337,931.00

ProgramsMORE »

  • Financial Coaching and Savings Programs- Housing Based
  • National Affiliate Network

Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Compass Working Capital (“Compass”) provides savings and financial coaching programs that support families with low incomes to build assets, achieve their financial goals, and become more financially secure. Our broader vision is to build a leading, nonprofit financial services organization that promotes economic mobility and financial security for families with low incomes by influencing field-related practice and policy.

Background Statement

Compass was founded by Sherry Riva in 2005. Before founding Compass, Sherry spent more than a decade working with direct service organizations that served women with low incomes and their families. During this time, Sherry observed the cycle of poverty that can often trap families with low incomes. She started Compass to support families to build savings and assets as a pathway to greater economic opportunity, and out of poverty. Compass launched its first matched savings programs, also known as an Individual Development Acccount (IDA) program, in Roxbury and Lynn. 

Since 2010, we have focused our efforts on launching a new model for the federal Family Self-Sufficiency (FSS) program. The FSS program was established by Congress to address a disincentive in subsidized housing programs. Residents in subsidized housing typically pay 30% of their income toward rent, but an unintended consequence of this structure is that it discourages some residents from increasing their income over worry about paying more in rent or losing benefits. The FSS program shifts the incentive structure by allowing participants to capture their increased rent payments in a savings account held by the housing authority. Compass saw the FSS program as underutilized and under-optimized opportunity to support families to leverage housing assistance as a platform for economic mobility. 

In partnership with Lynn Housing Authority, Compass became the first nonprofit organization in the country to launch an asset-building and financial capability model for the FSS program. This was followed by an expansion to Cambridge in 2012 and to Boston in April of 2014. In November of 2014, Compass moved into new office space in downtown Boston to launch a first-in-kind financial coaching center for families with low incomes in Greater Boston. Since then, we have expanded our FSS model to serve families at eight sites in Massachusetts, Connecticut, and Rhode Island. In 2016, Compass launched a National FSS Network to expand the scope and impact of the FSS program on a national scale. The Network currently provides training and technical assistance on our FSS program model to partners in eight areas across the country.


Impact Statement

Accomplishments

Growth and expansion of local FSS programs. Compass’ FSS programs in southern New Englandcontinue to grow in enrollment and have shown promising outcomes for clients in core areas of financial security.

Local support and national attention. Local support for Compass continues to grow, and interest and support for Compass’ model is increasing nationally.

Launch of National FSS Network. In 2016, Compass launched a National FSS Network to expand the scope and impact of the FSS program on a national scale. 

 Policy Influence. Compass recently worked with a network of partners to secure passage of federal legislation that will make several important changes to the FSS program.

Goals

Continued execution at the local level. While we pursue opportunities to grow, it is critical that we continue to ensure strong execution for the families we currently serve. This includes continued investment in our financial coaching practices and tools.

Expand national strategy. Compass is currently expanding a National FSS Network that facilitates the implementation of our asset building FSS model by other housing providers and organizations.


Needs Statement

Develop a pipeline of talent. Compass is seeking to develop and retain talent at all levels of the organization. We aim to develop a pipeline of talent, ideally including previous clients, that can meet our organizational needs while reflecting the diversity and experiences of the families we serve.

Financial Sustainability. As Compass continues to establish itself as a leader in providing financial coaching for families with low incomes, we have provided our expertise through contract based partnerships. Compass will continue exploring these partnerships to  develop a funding model that leverages our expertise and furthers our mission while contributing to an earned revenue stream.

Implementing partners. Compass’ work and expansion relies on partnering with organizations who are aligned to our mission and values while having the skill and capacity to implement and build upon our program model. 


CEO Statement

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Board Chair Statement

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Geographic Area Served

NATIONAL
GREATER BOSTON REGION, MA
NORTHEAST REGION, MA

Compass delivers programs in Boston, Cambridge, Lynn, Hyannis, and Springfield, MA; Providence and North Kingstown, RI; and Hartford and Willimantic, CT. Current partners in our National FSS Network include public housing agencies, private affordable housing owners, and nonprofit organizations in eight areas: Independence, MO; Chicago, IL; Jackson, MS; Maine (statewide); Portland, ME; Philadelphia, PA; Rhode Island (statewide); and Worcester, MA.

Organization Categories

  1. Human Services - Financial Counseling
  2. -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Yes

Programs

Financial Coaching and Savings Programs- Housing Based

Compass provides financial coaching and savings programs that are integrated into subsidized housing programs. Primary among these is an asset-building model for the Family Self-Sufficiency (FSS) program, an existing, though underutilized and underoptimized, federal housing program. The FSS program is designed to remove a disincentive for residents of federally subsidized housing to increase their income, which stems from the calculation of rent as about 30% of income. Per federal guidelines, as participants increase their income, part of their increased rent payment is deferred into a savings account held by the housing authority in their name. Participants can use their savings to achieve financial goals such as owning a home, starting a business, paying off debt, completing training or education, or saving for their children’s education. In 2010, Compass introduced a new model for the program that integrates financial capability and asset building strategies. The program combines financial education and financial coaching with the powerful FSS savings incentive, and is designed to empower residents of subsidized housing to increase their income, reduce their reliance on public assistance, and become more financially secure. The Compass FSS program is offered to recipients of federally subsidized housing in several locations in southern New England, in partnership with Lynn Housing Authority, Cambridge Housing Authority, Metropolitan Boston Housing Partnership, Preservation of Affordable Housing (POAH) and the Caleb Group. Compass also developed a customized financial coaching program for the Mass Learning, Employment and Asset Program (Mass LEAP), an asset building program for Massachusetts Rental Voucher Program participants.

Budget  --
Category  Human Services, General/Other Financial Counseling
Population Served Families Poor,Economically Disadvantaged,Indigent
Program Short-Term Success 

Compass aims to grow enrollment in our FSS programs to over 1200 families by 2017, and retain 85% of enrolled households. For families who have been in the FSS program for one year, target outcomes include: 50% of participants increase annual earned income, 70% of participants increase their credit score, 70% of participants decrease or maintain zero collection debt, and 50% of participants build savings in their FSS account.

Program Long-Term Success 

At Compass, the true measure of our success is whether the families we serve reach the dreams and aspirations they have for a stronger financial future. Clients are typically enrolled in Compass’s housing based savings and financial coaching programs for five years. We aim for 20% of eligible participants enrolling in the program (compared to 5% nationally) and an 80% retention rate in the program (compared to 50% nationally). Our target outcomes for families in the long term are:

 

· 75% leave subsidized housing within six months of graduation

· 100% decrease dependence on public assistance

· 75% graduate with a credit score equal to or greater than 660

· 80% graduate with an increase in earned income

· 80% graduate with savings in their FSS account

· Average savings for FSS graduate of $6000

· 90% of graduates are utilizing at least two quality financial products and no negative services

Program Success Monitored By 

Success is monitored through changes in client’s financial information, including their credit score, income, and amount of debt. Clients also take a survey every six months that measures their overall financial well-being, their confidence level in their finances, and the quality of financial products utilized. We take seriously the importance of a rigorous evaluation strategy, and aim to measure the effectiveness of our work based on leading financial security indicators showing the progress of our families. In October of 2014, Compass engaged Abt Associates as a new research and evaluation partner. This partnership will yield data collection and analysis relevant to our definition of success.

Examples of Program Success 

Compass FSS participants have demonstrated impressive gains across several key financial security metrics. For example, after just two years in the program, 64% of Compass FSS program participants have increased their income, 53% have reduced their debt, and 73% have improved their credit score by an average increase of 48 points. While our programs are relatively new and thus have generated only a relatively small number of program graduates (FSS is typically a five-year program), it is noteworthy that 86% of Compass FSS program graduates to date have transitioned successfully out of subsidized housing, compared to 32.6% of FSS graduates nationally. Moreover, 28.6% of Compass FSS program graduates have become homeowners, compared to 11.3% of FSS graduates nationally. While graduates are not required to exit subsidized housing, many choose to do so.


National Affiliate Network

Compass is piloting a national network to share and expand an asset building model for the FSS program and support the adaptation of Compass’s FSS program model. In its initial phases, Compass will test the network model with a variety of partners, including non-profit housing providers, asset building nonprofit organizations, and mission-aligned public housing agencies. This affiliate network will begin with a roundtable in Boston to discuss opportunities to integrate asset building and financial capability strategies into the FSS program and other housing assistance programs. After the launch of the network, Compass will provide ongoing support to partners through an annual conference, site visits by a Compass team to provide directed support, access to Compass materials, and affiliation with the Compass brand.

Budget  --
Category  Human Services, General/Other Financial Counseling
Population Served Families Poor,Economically Disadvantaged,Indigent
Program Short-Term Success 

Compass will test the affiliate model with partners including non-profit housing providers, asset building nonprofit organizations, and mission-aligned public housing agencies. Participant outcomes for these programs will mirror Compass’s targets for our local programs. For families in these affiliate programs, we aim for the following outcomes after one year: 50% of participants to increase annual earned income, 70% of participants to increase their credit score, 70% of participants to decrease or maintain zero collection debt, and 50% of participants to build savings in their FSS account.

Program Long-Term Success 

Compass’s local FSS programs have demonstrated that FSS can be a powerful tool to help families build savings and assets as a pathway out of poverty. The national network will allow us to take what we are learning in FSS and identify ways to promote savings and asset building more broadly for a larger share of low-income families living in subsidized housing in the U.S. For Compass, long- term success for the national affiliate network is defined by the incorporation of asset building and financial capability strategies into the very fabric of housing assistance. This is part of a broader organizational vision to shape national policy and integrate asset building into U.S. anti-poverty programs and policies in general.

Program Success Monitored By  --
Examples of Program Success 

Compass will launch the national affiliate network in 2016. As a first step in launching the network, Compass will host a national roundtable to build consensus with government, housing, and asset building stakeholders on best practices for integrating asset building and financial capability strategies into subsidized housing programs in November 2015.


CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Ms. Sherry Riva
CEO Term Start Dec 2005
CEO Email [email protected]
CEO Experience

Sherry is the Founder and Executive Director of Compass Working Capital (“Compass”), a nonprofit financial services organization with a mission to support families with low incomes to build assets and financial capabilities as a pathway to greater economic opportunity, and out of poverty. Compass’s broader vision is to promote economic mobility and financial security for families with low incomes by influencing field-related practice and policy.

Under Sherry's leadership, Compass has launched and expanded an innovative asset-building model for the Family Self Sufficiency (FSS) program, an employment and savings program for recipients of federal housing assistance. The first public-private model of its kind in the country, the Compass FSS model has attracted local and national attention as a scalable, housing-based model to promote financial security for families with low incomes. In 2016, under Sherry’s leadership, Compass launched a National FSS Network to expand the scope and impact of the FSS program on a national scale.

Sherry founded Compass after more than a decade working with various direct service organizations that served women and families with low-incomes, including several years running a transitional shelter for women in Seattle, WA. During this time, Sherry observed first-hand the cycle of poverty that traps many families. It was through this work that Sherry was inspired to focus on asset-building as a means for families to move up and out of poverty.

Sherry is a Draper Richards Kaplan Social Entrepreneur and a GLG Social Impact Fellow. Compass was selected by Citi Community Development as an Innovation and Impact Fund winner in 2014, and is listed on the Social Impact (S&I) 100, the first-ever, broad index of U.S. nonprofits with proven results and strong potential to scale.

Sherry received an A.B. from Princeton University, an MPP from the Kennedy School of Government at Harvard University, and a Master's in Philosophy (Ecumenics) from Trinity College Dublin.

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
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Senior Staff

Name Title Experience/Biography
Jason Andrade Director of Financial Coaching

Jason joined Compass as the Director of Financial Coaching in June 2018. In this role, he is responsible for developing and leading culturally-proficient financial coaching and education practices for Compass' clients. Prior to joining Compass, Jason was the Lead Financial Coach at the City of Boston's Office of Workforce Development, Roxbury Center for Financial Empowerment, where he provided intensive one-on-one coaching to clients and provided technical training and assistance to the coaching staff, program partners, and community-based organizations. Jason is also the Director of the Dotwell IRS VITA Tax Sites, which are the two largest free tax preparation sites in the City of Boston. Prior to this, Jason worked as a Tax Accountant at Granite Telecommunications, LLC where he was responsible for corporate tax, gross receipts, and annual report filings.

Jason has completed the Financial Planning Program at the Boston University Center for Professional Education and will be sitting for the Certified Financial Planner license examination in November. Jason received his BSBA in International Business and Finance from the Sawyer Business School at Suffolk University.

Sam Azar Director of National Impact

Sam joined Compass as the Director of National Impact in November 2016. In this role, he is responsible for leading the Compass National FSS Network and Compass's broader national strategy. Prior to Compass, Sam was the Director of Strategy at United Way Worldwide where he helped steward the Network-Wide Strategy for 1,800 United Ways in over 41 countries and led the development of the United Way Worldwide Innovation Lab. He also served as the Manager of Data and Strategy for the US United Way Network. Sam also worked for five years in Deloitte Consulting’s Strategy and Operations Practice, where he advised a variety of clients, including multiple projects with the Department of Housing and Urban Development. Sam began his career at the Metropolitan Boston Housing Partnership (MBHP) where he provided direct support services to low-income families and individuals. He was also founding member of MBHP’s Boston Homelessness Prevention Clearinghouse, which coordinated emergency assistance and support services with approximately 35 partner agencies.

Sam received an A.B. in Public Policy and Philosophy from Brown University and an MPA from the Maxwell School at Syracuse University. He holds a Project Management Professional (PMP) certification from the Project Management Institute.

Betty Francisco General Counsel

Betty joined Compass as General Counsel in November 2017. In this role, she serves as the organization’s chief legal advisor, responsible for overseeing all aspects of the organization’s legal affairs. As an attorney, she has over 17 years of experience advising health clubs, life sciences, and technology companies in the areas of legal, compliance, risk management, operations, and human resources. Most recently, Betty served as the CEO and Founder of FitNation Ventures, a business and legal consulting practice focused on advising health and fitness companies, and which launched Reimagine Play, a startup that offers fitness programming for children and families in Greater Boston. Previously, she served as EVP, General Counsel for Sports Club/LA and Reebok Sports Club/NY, a fitness brand acquired by Equinox Fitness. Betty began her legal career as a Senior Business Law Associate at Edwards Wildman, one of Boston’s largest law firms representing start-ups, corporations and investors.

Betty is also a dedicated community leader who has been involved with a number of non-profit and civic leadership organizations. She is the co-founder of Latina Circle, a Boston-based network that is advancing Latina leaders across industries into positions of power and influence, and which recently launched the Amplify Latinx initiative to increase Latino civic engagement and political representation. She is a member of the Board of Trustees of Roxbury Community College, the Board of Corporators of Eastern Bank, the Board of Directors of the Greater Boston YMCA and the Board of Directors of Boston Educational Development Foundation. She serves as an advisory member for the Boston Women’s Commission under Mayor Martin Walsh. She is also a member of the Advisory Council for The Capital Network and Bentley University’s School of Arts and Sciences.

Betty obtained her J.D. and M.B.A. from Northeastern University, and her B.A. in History from Bard College.

Ann Lentell Director of Programs

As Director of Programs, Ann serves as the internal programmatic leader of the organization, overseeing all site-level performance across multiple Family Self-Sufficiency (FSS) program sites and contract-based financial coaching programs throughout New England. Ann initially joined the organization in 2014 as a financial coach and helped launch the FSS program operated in partnership with Metro Housing | Boston, eventually becoming the partnership’s first Program Manager. Ann came to Compass following a nine-year career as an analyst, chiefly in the financial services industry, and was most recently an equity analyst at Surveyor Capital, a long-short beta-neutral hedge fund managed by Citadel LLC. Ann is passionate about savings and personal finance, and her volunteer experience includes tax return preparation for low-income families in Chicago, IDA consulting for women recently released from prison in St. Louis, and educational development for orphans in Russia, among others.

Ann received a B.A. in Social Thought & Analysis and Russian from Washington University in St. Louis. She is an Accredited Financial Counselor and a CFA® charterholder.

Crystal Murphy Director of Finance and Administration

Crystal brings a strong professional background and academic training in finance, along with a dedicated commitment to working with nonprofit organizations and on behalf of under-served communities, to her role at Compass. Prior to joining the Compass team, Crystal worked for six years at Match Charter Public School, a nationally recognized educational institution serving low-income youth in Boston – and beyond. Most recently, in her role as the Accounting and Budget Manager at Match, Crystal helped to support and strengthen the organization’s financial management systems and business operations through a period of rapid expansion. Before Match, Crystal worked at Fidelity Investments as a cash and settlements analyst.

In addition to her professional experience, Crystal’s volunteer experience includes volunteering for Families in Transition and tutoring at a GED program center in Nashua, NH.

Crystal received her B.S. in Economics/Finance from Southern New Hampshire University in 2007, her Master’s in Accounting at Southern New Hampshire University in 2012, and her CPA in 2016.

George Reuter Director of Learning and Knowledge Management

George joined Compass in April 2016 and is the organization’s primary Salesforce administrator. George also leads the development of actionable learning that supports Compass's clients and improves the organization's financial coaching practices. Prior to his time at Compass, he spent eight years working in community development at The Neighborhood Developers (TND), where he directed evaluation efforts related to housing, community engagement and financial capability programs. While at TND, George launched a peer consulting business that provided database and evaluation services to Community Development Corporations in the Greater Boston area.

George is a Salesforce.com Certified Advanced Administrator and Certified Developer. He completed his Master of Science in Urban Studies and Planning at MIT. He also holds a professional certificate in Program Evaluation from Tufts University and a BA from Haverford College.

Carolina Samudio-Ortega Director of Advancement

In her position at Compass, Carolina plays a lead role on the organization's External Affairs team, overseeing Compass's major gifts program in pursuit of the organization's ambitious growth goals. Prior to joining Compass, Carolina worked as a Coordinator of Marketing, Outreach and New Initiatives at NorthStar Asset Management, a firm based in Jamaica Plain that focuses on socially-responsible investing. Carolina's professional background also includes several years at State Street, where she worked on sales in the Latin American region and as a portfolio manager for non-profit clients. She has also volunteered as the Vice President of ALPFA Cares, the community and volunteer arm of the largest chapter of the Association of Latino Professionals for America, and was a founding member of Compass's Advisory Board.

Carolina has completed the Financial Planning Program at the Boston University Center for Professional Education, and holds a Masters in Business Administration with a Concentration in International Business from the Sawyer School of Management at Suffolk University, and a Bachelors of Business degree in Finance from the University of Massachusetts, Amherst.

James Stuart Director of External Affairs

Jimmy joined Compass in September 2014 following five years of work in education, primarily in Baltimore, Maryland as an Organizer with Child First Authority supervised by the local affiliate of the Industrial Areas Foundation. In that role he worked with school, political and community leaders to secure funding for over $1 billion in local school construction and renovation needs as part of a comprehensive plan to overhaul the system's aging facilities. Prior to his time in Baltimore, Jimmy served as a volunteer Teaching Fellow at the Nativity School of Worcester, Massachusetts. At Compass, Jimmy's time is devoted to the communications, development, public relations, and policy activities of the organization.

Jimmy received a B.A. with a concentration in History from the College of the Holy Cross.

Awards

Award Awarding Organization Year
S&I 100 Social Impact Exchange 2012

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

Boston Housing Authority

The Caleb Group

Cambridge Housing Authority

Massachusetts Department of Housing and Community Development

Lynn Housing Authority and Neighborhood Development

MetroHousing|Boston

One Family, Inc.

Philadelphia Housing Authority 
 Preservation of Affordable Housing (POAH) 

CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 29
Number of Part Time Staff 2
Number of Volunteers 30
Number of Contract Staff 2
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 3
Asian American/Pacific Islander: 2
Caucasian: 12
Hispanic/Latino: 9
Native American/American Indian: 0
Other: 5
Other (if specified): --
Gender Female: 23
Male: 8
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 3
Management Succession Plan No
Business Continuity of Operations Plan No
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit Yes
State Registration Yes

Risk Management Provisions

Blanket Personal Property
Business Income
Commercial General Liability
Employee Dishonesty
Boiler and Machinery
Commercial General Liability and D and O and Umbrella or Excess and Automobile and Professional
Crime Coverage
Commercial General Insurance
General Property Coverage
Umbrella or Excess Insurance
Directors and Officers Policy

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr. Scott Carmel
Board Chair Company Affiliation Southside Capital
Board Chair Term Sept 2017 - Aug 2020
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. Scott Carmel Southside Capital Voting
Mr. Tom Fry Dietel Partners Voting
Ms. Kimberly Holzel Goodwin NonVoting
Ms Meaghan McCarthy Community Volunteer Voting
Ms. Asha Mehta Acadian Asset Management Voting
Ms. Ann Quandt Partners in Health NonVoting
Ms. Sherry Riva Compass Working Capital Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 1
Caucasian: 6
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 5
Male: 2
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 0
Board Meeting Attendance % 90%
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 90%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation No

Standing Committees

  • Audit
  • Finance
  • Governance and Nominating
  • Program / Program Planning

CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2017 (%)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2017 2016 2015
Total Revenue $2,504,289 $3,414,878 $1,633,625
Total Expenses $2,644,953 $1,948,695 $1,323,728

Prior Three Years Revenue Sources

Fiscal Year 2017 2016 2015
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $1,520,159 $2,649,439 $1,113,596
Indirect Public Support -- -- --
Earned Revenue $840,057 $656,899 $409,715
Investment Income, Net of Losses $8,415 $1,792 --
Membership Dues -- -- --
Special Events $127,885 $105,039 $95,805
Revenue In-Kind -- -- --
Other $7,773 $1,709 $14,509

Prior Three Years Expense Allocations

Fiscal Year 2017 2016 2015
Program Expense $2,116,667 $1,597,935 $1,062,908
Administration Expense $209,514 $198,607 $137,212
Fundraising Expense $318,772 $152,153 $123,608
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 0.95 1.75 1.23
Program Expense/Total Expenses 80% 82% 80%
Fundraising Expense/Contributed Revenue 19% 6% 10%

Prior Three Years Assets and Liabilities

Fiscal Year 2017 2016 2015
Total Assets $2,844,915 $2,922,910 $1,489,487
Current Assets $2,708,421 $2,784,339 $1,350,355
Long-Term Liabilities $0 $0 --
Current Liabilities $169,410 $106,741 $139,516
Total Net Assets $2,675,505 $2,816,169 $1,349,971

Prior Three Years Top Three Funding Sources

Fiscal Year 2017 2016 2015
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy N/A
Percentage(If selected) --
Credit Line Yes
Reserve Fund Yes
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2017 2016 2015
Current Ratio: Current Assets/Current Liabilities 15.99 26.09 9.68

Long Term Solvency

Fiscal Year 2017 2016 2015
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in the charts and graphs above is per the organization's IRS Form 990s. Contributions from corporations and foundations are listed under individuals when the breakout was not available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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