EIN 52-1681375

BoardSource

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
1990
Most recent tax filings
2023-12-01
NTEE code, primary
Description
To inspire and support excellence in nonprofit governance and board and staff leadership. Boardsource envisions a world where every social sector organization has the leadership it needs to fulfill its mission and advance the public good. To inspire and support nonprofit boards and executives to lead justly and with purpose. Boardsource envisions a future where the nonprofit community has the leadership to fulfill its purpose and create a world where all can thrive. Advancing the public good by building exceptional nonprofit boards and inspiring board service.
Total revenues
$4,124,939
2023
Total expenses
$4,695,411
2023
Total assets
$10,111,728
2023
Num. employees
23
2023

Program areas at BoardSource

Sector leadership initiatives:boardsource's research and leadership calls attention to the importance of strong boards, creating awareness and action around challenges facing nonprofit leaders and identifying opportunities to unleash greater impact for the sector as a whole. Boardsource's leadership also focuses on identifying and interpreting trends impacting nonprofit leadership performance and effectiveness and generating evidence-based recommendations for board practice. Of particular importance is Boardsource's work to understand and address the lack of racial and ethnic diversity on nonprofit boards, which we believe is essential to the social sector's ability to advance the public good and create a more just and equitable society, and we continue to promote and expand these conversations. Boardsource believes it is time for real change in the way that boards understand and embody their leadership role, which has led us to do deep thinking about what it would take to change. We are amplifying our efforts to engage with audiences within the nonprofit community to circulate leadership practices that best meet the needs of each organization and the challenges they face.
Assessment services:boardsource's assessment services help organizations identify core issues in their board performance and development. In 2023, Boardsource delivered over 1,000 board self assessments and chief executive assessments.
Educational programs for members:boardsource supports the technical support and educational needs of nonprofit leaders, boards, and organizations through a set of membership programs designed for nonprofit organizations and individual leaders (including programs with group access to individual membership support for foundations, federated networks, and corporations). These programs provide open access to Boardsource's online library of board leadership and governance resources, as well as technical assistance from an on-staff governance specialist. Boardsource also offers the board support program, which provides more in-depth support for nonprofit boards including an annual board self-assessment and a board orientation certificate program.
Professional development:boardsource's professional development programs provide leadership development and learning programming for consultants to boards. Boardsource's professional development programs for consultants reached several hundred individuals in 2023.
Library of resources:boardsource's library of nonprofit board leadership resources includes publications and tools on a broad range of topics relevant to nonprofit executives, board leaders, and practitioners. In 2023, hundreds of thousands of nonprofit leaders from across the country and around the globe accessed information on boardsource.org as well as viewed and/or downloaded online resources.

Grants made by BoardSource

GranteeGrant descriptionAmount
Legacy FoundationAwarded for Exemplifying Exceptional Governance and Designing Change for Their Organizations.$15,000

Who funds BoardSource

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$250,000
NeighborWorks AmericaGeneral Support$100,100
Annenberg FoundationGeneral Operating Support$100,000
...and 17 more grants received

Personnel at BoardSource

NameTitleCompensation
Monika Kalra VarmaPresident and Chief Executive Officer$320,201
Judy ReckelhoffChief of Staff$182,599
Tara HuffmanChief Program and Strategy Officer
Joan PayneVice President , Finance$121,563
James TaylorVice President , Leadership Initiatives / Vice President of Leadership Initiatives / Vice President of Sector Leadership Initiatives and Education$158,176
...and 22 more key personnel

Financials for BoardSource

RevenuesFYE 12/2023
Total grants, contributions, etc.$756,323
Program services$2,829,706
Investment income and dividends$242,423
Tax-exempt bond proceeds$0
Royalty revenue$77,690
Net rental income$0
Net gain from sale of non-inventory assets$33,928
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$148,279
Miscellaneous revenues$36,590
Total revenues$4,124,939

Form 990s for BoardSource

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-15990View PDF
2022-122023-03-13990View PDF
2021-122022-04-13990View PDF
2020-122021-05-21990View PDF
2019-122020-10-15990View PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $100,100 from NeighborWorks America
July 13, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from American Online Giving Foundation
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsMedia and communications organizationsCharities
Issues
Community improvement
Characteristics
MembershipsLobbyingNational levelEndowed supportManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
750 9th St NW 520
Washington, DC 20001
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
boardsource.org/about/contact-us/ 
Phone
(202) 349-2500
Facebook page
BoardSource 
Twitter profile
@boardsource 
IRS details
EIN
52-1681375
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S50: Nonprofit Management
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0215593
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-06
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