EIN 52-1681375

BoardSource

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
1990
Most recent tax filings
2022-12-01
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
$3,803,950
2022
Total expenses
$3,996,402
2022
Total assets
$10,860,434
2022
Num. employees
21
2022

Program areas at BoardSource

Educational programs for membersboardsource 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. At the end of 2022, there were 590 member organizations in the board support program, 70 federated members, 32 corporate members, 14 foundation members, and 1500 individual leaders participating across all membership programs.
Assessment servicesboardsource's assessment services help organizations identify core issues in their board performance and development. In 2022, Boardsource conducted approximately 425 board assessments and 187 chief executive assessments.
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.
Professional developmentboardsource's professional development programs provide leadership development and learning programming for consultants to boards. Boardsource's professional development programs for consultants reached more than 190 individuals in 2022. Additionally, in 2022 Boardsource hosted a 3-day executive retreat for nonprofit ceos to engage in open and honest discussions around impacts to an organization's mission and creating action plans to address key opportunities and challenges facing board leadership. The event convened 36 nonprofit ceos in a collaborative environment for an invaluable peer learning experience led by seasoned nonprofit governance professionals.
Library of resourcesboardsource'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 2022 alone, more than 651,000 individuals accessed information on boardsource.org and more than 366,000 online resources were viewed and/or downloaded by nonprofit leaders from across the country and around the globe.

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$125,000
Annenberg FoundationGeneral Operating Support$100,000
William and Flora Hewlett FoundationFor General Operating Support$75,000
...and 13 more grants received

Personnel at BoardSource

NameTitleCompensation
Monika Kalra VarmaPresident and Chief Executive Officer$103,791
Judy ReckelhoffChief of Staff$171,932
Joan PayneVice President , Finance$118,563
James TaylorVice President , Leadership Initiatives / Vice President of Leadership Initiatives / Vice President of Sector Leadership Initiatives and Education$158,176
Jim TaylorVice President, Leadership Initiatives
...and 18 more key personnel

Financials for BoardSource

RevenuesFYE 12/2022
Total grants, contributions, etc.$719,558
Program services$2,730,753
Investment income and dividends$65,597
Tax-exempt bond proceeds$0
Royalty revenue$106,785
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$166,765
Miscellaneous revenues$14,492
Total revenues$3,803,950

Form 990s for BoardSource

Fiscal year endingDate received by IRSFormPDF link
2022-122023-03-13990View PDF
2021-122022-04-13990View PDF
2020-122021-05-21990View PDF
2019-122020-10-15990View PDF
2018-122019-11-08990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Received grants
Identified 12 new grant, including a grant for $100,000 from Annenberg Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 25, 2023
Updated personnel
Identified 11 new personnel
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsMedia and communications organizationsCharities
Issues
Community improvement
Characteristics
MembershipsLobbyingNational levelEndowed supportManagement and technical assistanceTax deductible donations
General information
Address
750 9th St NW 520
Washington, DC 20001
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
boardsource.org/ 
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
Free account sign-up

Want updates when BoardSource has new information, or want to find more organizations like BoardSource?

Create free Cause IQ account