Home › Community improvement & capacity building
Fsg
Fsg reported $14.1 million in revenue and $17.1 million in expenses for calendar year 2024. Of every $100 it spent, $85.08 went to program services, $12.87 to management and general costs and $2.05 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.7% of the total. The highest compensation it reported for one person was $390,255 (CEO). 50 people received more than $100,000 in reportable compensation. Revenue fell 38% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.1% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.9% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.1% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.20 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 12.5% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.7% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $390,255 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.28% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 50 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.7 | 9.2 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseCollaboratives/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
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
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…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 60.00 hrs/week | $372,467 | $0 | $17,788 | $390,255 |
| MANAGING DIRECTOR Highest compensated employee, 60.00 hrs/week | $339,397 | $0 | $44,647 | $384,044 |
| CFO (UNTIL 12/31/24) Officer, 60.00 hrs/week | $278,590 | $0 | $41,505 | $320,095 |
| MANAGING DIRECTOR Highest compensated employee, 60.00 hrs/week | $252,199 | $0 | $35,133 | $287,332 |
| CHIEF OF PEOPLE & CULTURE/MAN. DIR. Officer, 60.00 hrs/week | $276,902 | $0 | $7,444 | $284,346 |
| EXECUTIVE DIRECTOR Highest compensated employee, 60.00 hrs/week | $234,965 | $0 | $39,411 | $274,376 |
| MANAGING DIRECTOR Highest compensated employee, 60.00 hrs/week | $251,493 | $0 | $17,027 | $268,520 |
| MANAGING DIRECTOR Highest compensated employee, 60.00 hrs/week | $227,643 | $0 | $19,698 | $247,341 |
50 people received more than $100,000 in reportable compensation from Fsg (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 568
- Volunteers Part I, line 6288
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| LEADING INSIDE OUT LLC Senior advisor services for ci forum and | $127,973 |
| RARE COACHING AND CONSULTING LLC Professional coaching | $114,075 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Fsg totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Fsg's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fsg, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Fsg spent in 2024, $85.08 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Bridgeway CapitalPittsburgh, PA · revenue $14M · programs 81.0% · FY2025
- OCAB Community Action AgencyOrangeburg, SC · revenue $14M · programs 85.8% · 2024
- The Community Action Agency of Western ConnecticutDanbury, CT · revenue $14M · programs 88.5% · 2025
- The Lakeside AssociationLakeside, OH · revenue $14M · programs 77.2% · FY2025
- Prosperity NowWashington, DC · revenue $14M · programs 75.9% · 2024
All community improvement & capacity building charities · Largest charities in Massachusetts
Questions people ask
How much of Fsg's spending goes to programs?
In calendar year 2024, Fsg reported that 85.1% of its $17.1 million in expenses went to program services, 12.9% to management and general and 2.1% to fundraising (Form 990, Part IX).
How much does Fsg pay its top executive?
The largest total compensation Fsg reported for one person in calendar year 2024 was $390,255, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Fsg get its money?
Of $14.1 million in revenue in calendar year 2024, 12.5% came from contributions and grants and 85.7% from program service revenue (Form 990, Part VIII).
Is Fsg a registered charity?
The IRS lists EIN 20-2776974 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349303650 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202422269349300122 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322579349300822 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213159349304931 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349305188 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349311795 · read the filing
All filings for EIN 20-2776974: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.