Institute for Multi-Stakeholder Initiati

Nonprofit profile at a glance

EIN
461453455
IRS 990-EZ coverage
2022–2023
Forms available
Form 990 2020, Form 990-EZ 2023
Location
Pittsfield, MA, USA
Phone
6179490585
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$17,032
Expenses
$85,639
Assets
$12,033
Liabilities
$656

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Deval Desai (President)

People named in this filing

  • Deval Desai (President)
  • Tyler Giannini (Treasurer)
  • Fola Adeleke (Secretary)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Research the human rights impact and value of voluntary initiatives that address business and human rights including how the form and structure of businesses affects their impacts, facilitate learning in the field, and develop tools to evaluate initiatives from a human rights perspective.

What it reported doing in 2023

MSI Integrity published articles and blogs, was featured in news reports and participated in virtual events and discussions to disseminate the findings of our 235-page report, published in 2020, on the effectiveness of voluntary business and human rights-related initiatives, and the importance of challenging the corporate form. The organization also engaged a variety of partners and conducted and compiled research into alternative corporate governance structures that are more human rights-centric.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 54%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -402.8%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 63.4%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -130.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -17.3% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -10.2% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 54% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.