Washington Institute for Business Government And Society

Nonprofit profile at a glance

EIN
830945899
IRS 990 coverage
2018–2020
Forms available
Form 990 2020, Form 990-EZ 2019
Location
Washington, DC, USA
Phone
2026299970
Rating
44
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$264,499
Expenses
$631,863
Assets
$107,203
Liabilities
$393,409

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • JAMES P MOORE JR (PRESIDENT)
  • RAHMI OZSANCAK (EXECUTIVE VICE PRESIDENT)

Highest reported compensation

  • JAMES P MOORE JR (PRESIDENT): $145,846 total reported compensation
  • RAHMI OZSANCAK (EXECUTIVE VICE PRESIDENT): $145,424 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Washington institute is to bridge the gaps in finding greater understanding among leaders in business, government, and society and to help create real, quantifiable solutions for the issues we face. It is committed to convening top minds on capitol hill, silicon valley, and communities across the globe and to help provide the education and development of promising young leaders.

What it reported doing in 2020

Events - activities related to the of events/conference as well as the leadership series podcasts and webinars.

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: 8
  • Transparency & Controls: 90
  • Accountability: 69
  • Sustainability: 3
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.4%; rating input score 1
  • Program expense ratio: 0.6%; rating input score 1
  • Fundraising efficiency: $26.39 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 63rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -138.9%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 3.67; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 46.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -98% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -114.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -118.6% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 1.4% of revenue deployed · 0.6% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $146K · 7 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2018 to 2020
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.