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New York BBB Wise Giving Report for
Volunteer Consulting Group

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
07/2015
Name:
Volunteer Consulting Group
Address:
55 West 39th Street
12th Floor
New York, NY 10018
Phone:
212-447-1236
Web Site:
Year, State Incorporated:
1972, New York
Affiliates:
None
Stated Purpose:
" Strengthens nonprofit boards, with a special focus on bringing together boards needing board members – and individuals who wish to serve as trustees – across boundaries of skill, geography and ethnicity. "






Evaluation Conclusions
 

              
Volunteer Consulting Group (VCG) meets the 20 Standards for Charity Accountability.




Programs
 

              
The Volunteer Consulting Group (VCG) is a nonprofit organization founded in 1969 by the Harvard Business School Club of New York whose mission focuses on strengthening the governance and management ability of nonprofit Boards of Directors. Their special focus is on bringing together Boards needing new members – and individuals who wish to serve – across boundaries of skill, ethnicity, age and geography. VCG is unique in its field as the only organization that focuses on ALL aspects of nonprofit governance and JUST nonprofit governance. Services that VCG currently offers to strengthen the governance of the nonprofit sector include: (1) Bringing together Board candidates & nonprofit Boards by undertaking targeted searches for Boards seeking candidates, placing corporate executives on nonprofit Boards and coaching them through the election process; (2) Working to make Boards more effective through our Board consulting practice, which assists clients in developing the most effective governance structures and best Board management practices; and (3) Providing ongoing education opportunities to potential and sitting Board members to learn about Board roles and responsibilities and develop their boardroom skills through our monthly roundtable series, our outreach trainings to first time Board candidates, and the resources available on our VCG Governance Matters website.



Governance
 

              
Chief Executive Officer:
David M. LaGreca, Executive Director
Compensation*:
$140,000
Chair of the Board:
David S. Birdsell
Chair's Profession / Business Affiliation:
School of Public Affairs, Baruch College
Board Size:
10
Paid Staff Size:
5



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, grant proposals, internet
Fund raising costs were 6.9% of related contributions. (Related contributions, which totaled $313,659, are donations received as a result of fund raising activities.)




Tax Status
 

              
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.




Financial
 

              
The following information is based on VCG's Audited Financial Statements for the fiscal year ended April 30, 2012.

Source of Funds  

Contributions and grants

$299,827

Client fees

110,350

Membership dues

17,180

Special event, net of direct costs of $6,343

13,832

Interest and dividends

456

Other fees

115

Total Income

$441,760

Program Expenses  

Client services

$323,324

Special services

192,131
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

515,455
21,636
105,184

$642,275

$(200,515)




Uses of Funds as a % of Total Expenses


Programs: 80%  Fund Raising: 3%  Administrative 16% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $299,341
Ending net assets 98,826
Total liabilities 126,505

Total assets

$225,331






 

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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.