Neighborhood Funders Group
Nonprofit profile at a glance
- EIN
- 061368627
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Berkeley, CA, USA
- Phone
- 5104446063
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $17,304,645
- Expenses
- $17,544,345
- Assets
- $31,422,732
- Liabilities
- $649,461
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- Amy Morris (Interim President)
Highest reported compensation
- Amy Morris (Interim President): $226,154 total reported compensation
- Jennifer Epps (Program Director): $225,946 total reported compensation
- Manisha Vaze (VP, Programs): $185,238 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Neighborhood Funders Group (NFG) is a network of national and local grantmakers throughout the U.S. Our mission is to organize philanthropy to support grassroots power building so that communities of color and low-income communities thrive. We bring together funders to learn, connect, and mobilize resources with an intersectional and place-based focus.
What it reported doing in 2024
Across all of NFG's programs, we focus on lifting up community voices and place-based strategies. Our work in place builds and strengthens relationships between national grantmakers, local and regional funders, and community organizations for our long-term outcome: philanthropic assets are liberated so that BIPOC communities and low-income communities have power to self-determine.NFG's National Convenings are currently designed for staff and board members at foundations and grantmaking organizations whose primary activity is funding racial, gender, economic, disability, and climate justice.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.
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: 89
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.6%; rating input score 91
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: $50.11 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 39th 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; 66th 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: -1.4%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.79; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: 27.3% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 23.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 28.3% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 90.6% of revenue deployed · 89.1% of spending went to programs
- Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $15.6M in reported program spending
- Leadership: top reported pay $226K · 23 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $875K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 8 filed related-organization links
- 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 25/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.