Third Sector New England Inc

What it reported doing in 2024

Through an array of capacity building services and management support programs, third sector new england builds the leadership and effectiveness of individuals and groups to create a more just and democratic society.third sector new england's fiscal sponsorship program provides management support to mission-driven groups that focus their work on issues affecting the root causes of social problems. We support all projects with a broad array of administrative services. Tsne manages nonprofit projects' finances, governance, human resources, insurance needs, and other increasingly complex compliance issues associated with running a stand alone nonprofit. Through these support services for a variety of individual projects, we seek to provide wider access to resources and services for people systematically denied fair access. Project-based work addresses issues such as civil and other basic human rights, environmental sustainability, food security, and access to health care, housing, and education.

Financial Efficiency

• Mission deployment rate: 75.9%; rating input score 76
• Program expense ratio: 84.1%; rating input score 84
• Fundraising efficiency: $35.81 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

• Consistency checks: 95%; rating input score 95; 41st percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
• Grant itemization coverage: 98.1%; rating input score 98; 34th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100
• Public monitoring controls: Limited
• Public policy transparency: Limited
• Public financial transparency: Limited
• Impact reporting controls: Limited
• Public relationship transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
• Public governance controls: Limited
• Zakat policy transparency: Limited

Sustainability

• Operating margin: 10.8%; rating input score 74; 74th percentile among comparable filings
• Operating reserve ratio: 1.41; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 73; 73rd percentile among comparable filings
• Officer compensation ratio: 2.6%; rating input score 43; 43rd percentile among comparable filings

Growth

• Program expense growth: 7.3% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 9.1% per year; rating input score 100; 72nd percentile among comparable filings
• Asset growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings