Frances Hesselbein Leadership Institute

Nonprofit profile at a glance

EIN
133591396
IRS 990 coverage
2010–2017
Forms available
Form 990 2017
Location
New York, NY, USA
Rating
51
Verdict
MIXED
Rating confidence
Moderate
Sector
Nonprofit Management

Official website

Reported finances

Revenue
$59,179
Expenses
$129,641
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Frances Hesselbein (President and CEO)

People named in this filing

  • Frances Hesselbein (President and CEO)
  • William S Conway (Chairman)
  • Charles J OConnor III (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To establish an educational resource for individuals involved in the management of nonprofit organization

What it reported doing in 2017

1.FRANCES HESSELBEIN KEYNOTE ENGAGEMENTS - Provided keynote address and Q&A section in 17 events on topics about leadership. 2.LEADER TO LEADER JOURNAL - The award-winning quarterly report on management, leadership, and strategy, Leader to Leader, is written by todays top leaders and has a global audience of personal subscribers and major institutions including Armark, Blue Cross Blue Shield, City of Philadelphia, Comcast, Duke Fuqua School of Business, Harvard Business School, New York Times, PepsiCo, Statefarm Insurance, Wal-Mart Stores, Wells Fargo, YMCA and many more. 3.GLOBAL ACADEMY FOR STUDENT LEADERSHIP AND CIVIC ENGAGEMENT - The 9th Annual Leadership Summit was hosted at The Universtiy of Pittsburgh July 22-25, 2017. 4.PERSONAL LEADERSHIP DEVELOPMENT PROGRAM - Continued the series of innovative, dynamic group and individual dialogues on leadership and a keynote address on leadership and a Q&A session. 5.MUTUAL OF AMERICA COMMUNITY PARTNERSHIP AWARD - The Mutual of America Community Partnership Award recognizes outstanding social sector organizations in the United States that have shown exemplary leadership by facilitating partnerships with public, private or social sector leaders who are working together as equal partners, not as donors and recipients, to build a cohesive community that serves as a model for collaborating with others for the greater good. 6.DAILY TIP OF THE DAY E-NEWSLETTER - The daily Leadership Tip of the Day e-newsletter, which since 2010 has been a daily source of inspiration for more than 2,200 subscribers, includes leadership insights culled from the first 25 years of our books, monographs and journals; as well as contemporary wisdom from todays key thought leaders. The newsletters open rate is 30%, on par with the industry standard. 7.THE HESSELBEIN LECTURE SERIES - To formally launch The Frances Hesselbein Leadership Forum in the Graduate School of Public and International Affairs (GSPIA) at The University of Pittsburgh, Dr. John Keeler and Dr. Kevin Kearns developed a lecture series, featuring proven leaders and thoughtful scholars presenting state-of-the-art ideas on the leadership theory and practice. 8.FRANCES HESSELBEIN WISDOM VIDEO SERIES - In an effort to capture Frances delivering her wisdom on various leadership topics in high quality for use in various teaching and learning venues, we partnered with a New York city film studio, DS Simon, and the University of Pittsburgh Teaching Center. Five short (10-15 minute) videos were scripted on leadership.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 23
  • Transparency & Controls: 83
  • Accountability: 82
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.3%; rating input score 36
  • Program expense ratio: 9.9%; rating input score 10
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -119.1%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -25.2% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -34.2% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -18.8% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 36.3% of revenue deployed · 9.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 15 of 16 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • High — Financial Efficiency: Program expense ratio scored 10/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.