Overview
What is Friends Of Compass Inc?
Friends of Compass Inc, operating under the name Compass Pro Bono, is a nonprofit organization based in Washington D.C., with additional locations in Philadelphia, Chicago, and Minneapolis-St. Paul. Their mission is to foster lasting connections between local nonprofits and business professionals, aiming to empower thriving, equitable, and resilient communities. They achieve this by recruiting and training volunteers from business communities, who then offer pro bono business strategy consulting services to local nonprofits. During the 2021-2022 period, they connected 841 volunteers to 149 consulting projects, helping nonprofits address various strategic challenges. Since its inception in 2001, Compass Pro Bono has estimatedly provided around $120 million in pro bono consulting services.
Official website here: www.compassprobono.org
Is Friends Of Compass Inc legitimate?
Friends Of Compass Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Compass 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.
Here are some key statistics you may want to consider:
Executive Compensation: $475,883
Professional Fundraising Fees: $24,443
Other Salaries and Wages: $1,027,093
For more financial information, click here
Official website here: www.compassprobono.org
What is the mission statement of Friends Of Compass Inc?
Friends of Compass Inc's mission is centered around fostering lasting partnerships between local nonprofit organizations and business professionals. Through their Pro Bono program, they aim to empower thriving, equitable, and resilient communities. Since its inception in 2001, Compass has provided an estimated $120 million in pro bono consulting services. They recruit volunteers from local business communities and match them with nonprofits, offering a wide range of highly customized business strategy consulting services. During the 2021-2022 period, Compass connected 841 volunteers to 149 consulting projects, helping nonprofits address strategic challenges and opportunities, from foundation-building to marketing strategy to growth and high impact.
Official website here: www.compassprobono.org
Who is the CEO of Friends Of Compass Inc?
Bethany R Henderson is the Chair of Friends Of Compass Inc. The CEO's salary of Friends Of Compass Inc is $0 and their total compensation is $0.
Official website here: www.compassprobono.org
What is the revenue of Friends Of Compass Inc?
Friends Of Compass Inc's revenue in 2022 was $2,092,953.
Official website here: www.compassprobono.org
Who are the executives of Friends Of Compass Inc and what are their salaries?
The average compensation at Friends Of Compass Inc during 2022 was $65,347. There are 23 employees and 841 volunteers at Friends Of Compass Inc.
Here are 20 key members and their salaries (Friends Of Compass Inc's CEO's salary is $0 and their total compensation is $0):
- Suzanne B Laporte (President (Until 2/2022))
- Joan Barclay (Cfo (Until 1/2022))
- Patricia Crawford (Dir. Of Philanthropy (Until 1/2022))
- Cathy Bernasek (Chair) [Trustee/Director]
- Lucretia Risoleo (Vice Chair) [Trustee/Director]
- Hurley Doddy (Treasurer) [Trustee/Director]
- Julie Chapman (Secretary) [Trustee/Director]
- Ern Blackwelder (Director)
- Rajib Chanda (Director)
- Hilary Joel (Director)
- Burgess Levin (Director)
- Dean Miller (Director)
- Gwenn Rosener (Director)
- Paul Singer (Director)
- Pete B Slone (Director)
- Kelly Hatcher Turner (Director)
- Polly Vail (Director)
- Melissa Williams (Director)
- Bethany R Henderson (Ceo (From 5/2022))
- Ken Kido (Interim Ceo (2/2022-5/2022))
Official website here: www.compassprobono.org
Where can I find the form 990 for Friends Of Compass Inc?
The Friends Of Compass Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.compassprobono.org
Learn more at the official website: www.compassprobono.org
Mission Statement of Friends Of Compass Inc
Friends of Compass Inc, a nonprofit organization, is dedicated to establishing enduring relationships between local businesses and nonprofits. Through their Pro Bono Forge program, they aim to empower thriving, equitable, and resilient communities. Since its inception in 2001, Friends of Compass Inc has provided an estimated $120 million in pro bono consulting services.
The organization recruits and trains volunteers from local business communities and matches them with nonprofits. This partnership allows nonprofits to benefit from highly customized pro bono business strategy consulting services, addressing strategic challenges and opportunities ranging from foundation-building to marketing strategy to growth and high impact. During the 2021-2022 period, Friends of Compass Inc connected 841 volunteers to 149 consulting projects, helping nonprofits overcome their key strategic challenges.
Impact
This information is meant to be a general summary of Friends Of Compass Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Friends Of Compass Inc's impact is significant, as it forges lasting ties between local nonprofits and business professionals to empower thriving, equitable, and resilient communities. Through its pro bono consulting services, it has connected hundreds of volunteers to numerous consulting projects, helping Friends Of Compass IncS address key strategic challenges and opportunities. This impactful work has contributed to the growth and high impact of these organizations, from foundation-building to marketing strategy, ultimately leading to community improvement. The estimated $120 million in pro bono consulting services provided since 2001 demonstrates the tangible and long-lasting impact Friends Of Compass Inc has had on the nonprofit sector and the communities they serve.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$128,381
Organization Details
Founding Year
2008
Phone
(202) 266-9752
Principal Officer
Bethany R Henderson
Main Address
2000 PENNSYLVANIA AVE NW 7000, WASHINGTON, DC, 200061921
Website
www.compassprobono.org
NTEE Category
Code: S50 - Community improvement
If you are a representative of Friends Of Compass Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.