FSG INC

EIN: 202776974 501(c)(3) Community Improvement

BOSTON, MA

Total Revenue
$14,149,480
Total Expenses
$17,114,135
Total Assets
$10,372,952
Net Assets
$6,698,949
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MA
Principal Officer
JOHN HARPER
Phone
6173574000
Tax Period
2024-01-01 to 2024-12-31

FSG INC, founded in 2005, is a mid-sized nonprofit in the Community Improvement sector that reported $14.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $17.1M exceeded revenue, resulting in a 21% operating deficit.

Mission

FSG IS AN INTERNATIONAL NONPROFIT SOCIAL ENTERPRISE WITH A MISSION OF ACCELERATING THE PACE OF SOCIAL PROGRESS THROUGH PHILANTHROPIC LEADERSHIP. FSG ACHIEVES ITS MISSION BY PROVIDING STRATEGY CONSULTING, PROGRAM EVALUATION, RESEARCH AND THOUGHT LEADERSHIP TO THE NONPROFIT AND PHILANTHROPIC COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,373,852 Revenue: $1,977,900

COLLABORATIVES/COLLECTIVE IMPACTFSG'S 40+ PROJECTS THAT CENTER COLLABORATION AND COLLECTIVE IMPACT SPAN MANY GEOGRAPHIES. WE WORKED ON COLLECTIVE IMPACT FOR WORKERS AND JUST TRANSITION COLLABORATION...

Read more

COLLABORATIVES/COLLECTIVE IMPACTFSG'S 40+ PROJECTS THAT CENTER COLLABORATION AND COLLECTIVE IMPACT SPAN MANY GEOGRAPHIES. WE WORKED ON COLLECTIVE IMPACT FOR WORKERS AND JUST TRANSITION COLLABORATION IN BANGLADESH, SUPPORTED COLLABORATIVE EFFORTS FOR ECONOMIC MOBILITY IN A MAJOR U.S. CITY, AND DEVELOPED A STRATEGIC PLAN FOR A COLLECTIVE IMPACT FOCUSED NATIONAL ORGANIZATION AND FUNDER. ADDITIONALLY, WE PARTNERED WITH A US BASED NATIONAL FUNDER AROUND A COLLABORATIVE LEARNING COMMUNITY THAT CENTERS EQUITY IN THE WORKPLACE.

Program 2
Expenses: $3,032,031 Revenue: $2,526,296

US HEALTH WITH NEARLY 20 US HEALTH FOCUSED PROJECTS, FSG'S 2024 PROJECTS TOUCHED ON MULTIPLE HEALTH ISSUES IN MULTIPLE STATES. WE WORKED ON SEVERAL PROJECTS WITH FOUNDATIONS FOCUSED ON COLLABORATIVE...

Read more

US HEALTH WITH NEARLY 20 US HEALTH FOCUSED PROJECTS, FSG'S 2024 PROJECTS TOUCHED ON MULTIPLE HEALTH ISSUES IN MULTIPLE STATES. WE WORKED ON SEVERAL PROJECTS WITH FOUNDATIONS FOCUSED ON COLLABORATIVE APPROACHES TO MENTAL AND BEHAVIORAL HEALTH IN THE MIDWEST AND MOUNTAIN WEST. OTHER PROJECTS INCLUDED MISSION MEASUREMENT WORK WITH A NATIONAL HEALTH ORGANIZATION AND STRATEGIC PLANNING FOR HEALTH-FOCUSED CORPORATE FOUNDATIONS.

Program 3
Expenses: $3,032,126 Revenue: $2,526,375

ECONOMIC MOBILITY GLOBAL DEVELOPMENTFSG WORKED ON OVER 25 PROJECTS WITH AN ECONOMIC MOBILITY FOCUS IN 2024. WE CONDUCTED RESEARCH ON WORKER EXPERIENCES, UNREACHED EMPLOYEES, AND THE EFFECTS OF AI ON...

Read more

ECONOMIC MOBILITY GLOBAL DEVELOPMENTFSG WORKED ON OVER 25 PROJECTS WITH AN ECONOMIC MOBILITY FOCUS IN 2024. WE CONDUCTED RESEARCH ON WORKER EXPERIENCES, UNREACHED EMPLOYEES, AND THE EFFECTS OF AI ON RETAIL AND OPPORTUNITY EMPLOYMENT. FSG LED ACTION LABS FOR EMPLOYERS TO HELP THEM LEARN FROM EACH OTHER AND PILOT NEW APPROACHES TO HIRING AND SUPPORTING ENTRY-LEVEL EMPLOYEES. WE ENGAGED WITH BOTH COMPANIES AND FOUNDATIONS IN PLACE-BASED WORK FOCUSED ON IMPROVING ECONOMIC MOBILITY OF COMMUNITIES IN SEVERAL CITIES WITHIN THE US AND CANADA, AND ENGAGED WITH GLOBAL COMPANIES AROUND PHILANTHROPIC WORK SUPPORTING JUST TRANSITION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,771,646
Program Service Revenue $12,123,910
Investment Income $253,924
Other Revenue $0
TOTAL REVENUE $14,149,480

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,215,031
Fundraising Expenses $351,288
Program Expenses $14,561,151
Other Expenses $5,899,104
TOTAL EXPENSES $17,114,135

Year-over-Year Comparison

2024 2023 Change
Revenue $14,149,480 $15,348,424 -0.1%
Expenses $17,114,135 $21,822,370 -0.2%
Net Income $-2,964,655 $-6,473,946 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
68
Volunteers
288

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$994,696
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN KANIA DIRECTOR 2.00
Director
$0 $0 $0
CLOTILDE PEREZ-BODE DEDECKER DIRECTOR 2.00
Director
$0 $0 $0
LAUREN SMITH DIRECTOR 2.00
Director
$0 $0 $0
MARK KRAMER BOARD CHAIR 2.00
Director
$0 $0 $0
JOHN HARPER CEO 60.00
Officer
$372,467 $17,788 $390,255
JENNIFER COOPERMAN CFO (UNTIL 12/31/24) 60.00
Officer
$278,590 $41,505 $320,095
ROBERTA SILTEN CHIEF OF PEOPLE & CULTURE/MAN. DIR. 60.00
Officer
$276,902 $7,444 $284,346
FAY HANLEYBROWN MANAGING DIRECTOR 60.00
Highest
$339,397 $44,647 $384,044
CHIRLIE FELIX MANAGING DIRECTOR 60.00
Highest
$252,199 $35,133 $287,332
NIKHIL BUMB MANAGING DIRECTOR 60.00
Highest
$251,493 $17,027 $268,520
JENNIFER JUSTER EXECUTIVE DIRECTOR 60.00
Highest
$234,965 $39,411 $274,376
KIMBERLY SHIN MANAGING DIRECTOR 60.00
Highest
$227,643 $19,698 $247,341
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $14,149,480 $17,114,135 $10,372,952 $-2,964,655
2023 $15,348,424 $21,822,370 $13,564,528 $-6,473,946
2022 $21,649,064 $23,844,126 $24,844,786 $-2,195,062
2021 $30,240,317 $22,106,066 $24,507,788 $8,134,251
2020 $24,423,829 $22,303,291 $17,738,390 $2,120,538
2019 $22,728,487 $25,193,375 $13,940,578 $-2,464,888
2018 $27,138,045 $26,434,251 $16,215,022 $703,794
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FSG INC with other nonprofits in Massachusetts and across the country.