Greater Washington Partnership
Nonprofit profile at a glance
- EIN
- 463636802
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2026570411
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Olympics
Reported finances
- Revenue
- $6,102,150
- Expenses
- $7,204,975
- Assets
- $13,784,460
- Liabilities
- $2,162,008
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
43 people listed
Executive titles in this filing
- KATHY HOLLINGER (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- KATHY HOLLINGER (CHIEF EXECUTIVE OFFICER): $584,689 total reported compensation
- CARRIE KOLASKY (CHIEF GROWTH OFFICER): $379,426 total reported compensation
- CHINYERE HUBBARD (CHIEF MARKETING OFFICER): $299,203 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We identify shared opportunities and core challenges and offer solutions to the region's most critical issues including skills and talent, regional mobility, infrastructure and inclusive economic growth.
What it reported doing in 2024
Skills & talent: help equip the region's workforce with skills that match the needs of employers and position the region to be a leader in emerging growth industries. The partnership does this by: 1) building programs that promote work-based learning opportunities, such as apprenticeships; 2) facilitating collaboration between education systems and employers to develop career pathways for members of untapped talent pools; 3) building training and educational opportunities that fill critical gaps in technology, skilled trades and health occupations; and 4) cultivating a diverse ecosystem of ai collaborators to spur innovation in technology and talent through strategic partnerships.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 86% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97%; rating input score 97
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -18.1%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 35.5%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 16% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 21.7% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 97% of revenue deployed · 82.1% of spending went to programs
- Governance: 33 of 33 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $5.9M in reported program spending
- Leadership: top reported pay $585K · 43 people listed · 2 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 8/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 4/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.