TSNE MissionWorks
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
TSNE MissionWorks does not meet the following 5 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
TSNE MissionWorks does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
TSNE MissionWorks does not meet this Standard because:
- The organization has not completed an effectiveness assessment in the last two years.
Standard 12 (Detailed Functional Breakdown of Expenses)
Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fund raising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.
TSNE MissionWorks does not meet this Standard because:
- The detailed functional breakdown of expenses within the organization's audited financial statements did not include fundraising expenses.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
TSNE MissionWorks does not meet this Standard because, when the organization provided 2024 budget information, it indicated that the budget:
- Did not identify total projected fundraising expenses.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
TSNE MissionWorks does not meet this Standard because the privacy policy on the organization's website, https://tsne.org/, does not indicate:
- What personal information is being collected and how it will be used.
- What security measures are in place to protect personal information that is collected.
TSNE MissionWorks meets the remaining 15 Standards for Charity Accountability.
Stated Purpose:
"to strengthen organizations working towards a just and equitable society,"
Year, State Incorporated:
1959, MA
TSNE MissionWorks reports that it is a capacity building organization that partners with non-profit organizations to provide services, programs, and resources they need to support their communities and create a more equitable society. The organization's fiscal sponsorship program provides management support to non-profits whose mission is directed at addressing the root causes of social problems. Assistance includes oversight of finances, governance, human resources, and insurance compliance. TSNE MissionWorks also offers consulting services to non-profits in systems approach and organizational assessment.
For the year ended June 30, 2023, TSNE MissionWorks's program expenses were:
Fiscally sponsored programs: $60,203,373
Consulting and training services: $1,943,011
NonProfit Centers: $3,146,476
Total Program Expenses: $65,292,860
Chief Executive
Elaine L. Ng, Chief Executive Officer
Compensation*
$343,491
Chair of the Board
Miki C. Akimoto
Chair's Profession / Business Affiliation
Chief Impact Officer, National Center for Family Philanthropy
Board Size
11
Paid Staff Size
617
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Foundation grants, Corporate solicitation
Fundraising costs 2% of related contributions. (Related contributions, which totaled $67,222,325, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on TSNE MissionWorks's audited financial statements for the year ended June 30, 2023.
Source of Funds
Rental income | $3,316,109 |
Investment income, net | $482,171 |
Realized and unrealized gain on investments, net | $2,414,366 |
Contributions and grants | $63,308,235 |
Other contributions and grants | $1,266,305 |
Federal grants | $2,509,328 |
Royalty income | $2,277,244 |
Contract revenue | $12,399,690 |
Conference revenue | $1,017,663 |
Membership dues | $138,457 |
Other income | $1,895,815 |
Total Income | $91,025,383 |
Programs: 86% Fundraising: 2% Administrative: 12%
Total Income | $91,025,383 |
Total expenses: | $75,749,333 |
Program expenses | $65,292,860 |
Fundraising expenses | $1,667,000 |
Administrative expenses | $8,789,473 |
Other expenses | $0 |
Income in Excess of Expenses | $15,276,050 |
Beginning Net Assets | $124,630,433 |
Other Changes In Net Assets | $384,683 |
Ending Net Assets | $140,291,166 |
Total Liabilities | $22,195,021 |
Total Assets | $162,486,187 |
Note: As noted in the above financial section, "other changes in net assets" refers to a change in fair value of interest rate swap obligation.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.