2025-11-14T09:15:52-06:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 202776974 FSG INC FSGI 6173574000 179 LINCOLN STREET BOSTON MA 02111 JOHN HARPER CEO 6173574000 2025-11-11 1 1 DAVID KELLEHER CPA P01059560 5083669100 2025-11-11 2024 2025-03-06 01:10:19Z JOHN HARPER 179 LINCOLN STREET BOSTON MA 02111 14149480 0 X WWW.FSG.ORG X 2005 MA FSG'S MISSION IS TO ACCELERATE SOCIAL PROGRESS BY WORKING WITH FOUNDATIONS, NONPROFIT ORGANIZATIONS, GOVERNMENTS AND CORPORATIONS TO INCREASE THEIR IMPACT ON SOLVING SOCIAL PROBLEMS. 4 4 68 288 0 0 3892917 1771646 10990656 12123910 417635 253924 47216 0 15348424 14149480 0 0 0 0 14900850 11215031 0 0 351288 6921520 5899104 21822370 17114135 -6473946 -2964655 13564528 10372952 3900924 3674003 9663604 6698949 X 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. 0 0 2373852 1977900 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. 3032031 2526296 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. 3032126 2526375 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. 6123142 5093339 FSG COMPLETED NUMEROUS CUSTOMIZED CONSULTING PROJECTS, LEARNING COMMUNITIES, AND INNOVATIVE FIELD-BUILDING ACTIVITIES, AS WE WORKED TO FULFILL OUR MISSION TO CREATE A WORLD WHERE EVERYONE CAN LIVE UP TO THEIR FULL POTENTIAL. AS PART OF OUR FIELD-BUILDING ACTIVITIES, FSG AND ITS LEARNING COMMUNITIES (THE COLLECTIVE IMPACT FORUM AND TALENT REWIRE) HOSTED NUMEROUS VIRTUAL AND IN-PERSON EVENTS (WEBINARS, CONFERENCES, CONVENINGS) FOR SOCIAL IMPACT PRACTITIONERS, FUNDERS, AND BUSINESS LEADERS ON A VARIETY OF TOPICS. WE ALSO DEVELOPED AND PUBLISHED NEW RESEARCH AND TOOLS ON HOW TO ADDRESS SOCIAL PROBLEMS AND EVALUATE SOCIAL IMPACT, WHICH WE MAKE AVAILABLE FOR FREE ON OUR WEBSITES AS PDFS, PODCASTS, AND VIDEOS. OUR CONSULTING PROJECTS STRENGTHENED SOCIAL IMPACT STRATEGIES AND LEARNING OPPORTUNITIES ACROSS SECTORS. 6123142 5093339 14561151 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 48 0 1 68 1 0 1 SZ IN 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 MA CA NY GA X X JOHN HARPER CEO 6173574000 179 LINCOLN STREET BOSTON MA 02111 JOHN KANIA DIRECTOR 2.00 X 0 0 0 CLOTILDE PEREZ-BODE DEDECKER DIRECTOR 2.00 X 0 0 0 LAUREN SMITH DIRECTOR 2.00 X 0 0 0 MARK KRAMER BOARD CHAIR 2.00 X 0 0 0 JOHN HARPER CEO 60.00 X 372467 0 17788 JENNIFER COOPERMAN CFO (UNTIL 12/31/24) 60.00 X 278590 0 41505 ROBERTA SILTEN CHIEF OF PEOPLE & CULTURE/MAN. DIR. 60.00 X 276902 0 7444 FAY HANLEYBROWN MANAGING DIRECTOR 60.00 X 339397 0 44647 CHIRLIE FELIX MANAGING DIRECTOR 60.00 X 252199 0 35133 NIKHIL BUMB MANAGING DIRECTOR 60.00 X 251493 0 17027 JENNIFER JUSTER EXECUTIVE DIRECTOR 60.00 X 234965 0 39411 KIMBERLY SHIN MANAGING DIRECTOR 60.00 X 227643 0 19698 2233656 0 222653 50 0 1 0 LEADING INSIDE OUT LLC 2846 N STOWELL AVENUE MILWAUKEE WI 53211 SENIOR ADVISOR SERVICES FOR CI FORUM AND 127973 RARE COACHING AND CONSULTING LLC 384 NORTHYARDS BLVD NW STE 190 ATLANTA GA 30313 PROFESSIONAL COACHING 114075 2 1771646 110193 1771646 CONSULTING SERVICES 541900 11431004 11431004 CONFERENCE PRESENTATIONS 541900 692906 692906 12123910 253924 253924 14149480 12123910 0 253924 X 1000320 716633 235518 48169 8257656 7106435 991835 159386 116618 99533 14832 2253 1179659 1005406 157451 16802 660778 563973 84039 12766 77411 77411 121194 121194 3113819 2829319 219357 65143 715370 611118 90194 14058 108477 92659 13685 2133 683963 584020 86466 13477 455867 389577 57351 8939 711 711 118037 100772 14937 2328 83371 71214 10518 1639 FIELD BUILDING AND OUTR 203329 203329 DUES AND FEES 164810 140972 20624 3214 EQUIPMENT RENTAL AND MA 28627 24426 3633 568 MISCELLANEOUS 20641 18288 1940 413 3477 3477 17114135 14561151 2201696 351288 971644 697979 6890149 5113871 502473 95046 1941704 1610995 399827 417001 920833 810243 197825 110590 492184 492184 2168722 1835286 13564528 10372952 1236122 1265166 489295 1185389 2175507 1223448 3900924 3674003 X 7121557 5612866 2542047 1086083 9663604 6698949 13564528 10372952 -2964655 0 X X 0 1 X 1 0 X 7453449 4264556 4619686 3892917 1771646 22002254 16935576 15956254 16854324 11037872 12123910 72907936 24389025 20220810 21474010 14930789 13895556 94910190 6347738 1496000 1971000 3360858 1144630 14320226 6173477 6128450 7027364 4555428 6606686 30491405 12521215 7624450 8998364 7916286 7751316 44811631 50098559 34804 19507 175054 923833 253924 1407122 34804 19507 175054 923833 253924 1407122 24423829 20240317 21649064 15854622 14149480 96317312 0.52010 0.56330 0.01460 0.01370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 471823 430606 41217 239738 183385 56353 209272 196252 13020 110590 DEPOSITS 101931 RIGHT-OF-USE ASSETS - FINANCE 45776 RIGHT-OF-USE ASSETS - OPERATING 1048758 DUE FROM RELATED PARTY - INDIA 638821 1835286 FINANCE LEASE LIABILITIES 46043 OPERATING LEASE LIABILITIES 1177405 1223448 X PART X, LINE 2: FSG ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FSG HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2024. SWITZERLAND 0 0 PROGRAM SERVICES SOCIAL IMPACT CONSULTING 50485 INDIA 1 53 PROGRAM SERVICES SOCIAL IMPACT CONSULTING 2563530 1 53 0 0 1 53 2614015 0 2614015 1 0 1 0 0 0 X X X X X 0 0 0 0 0 0 0 0 0 JOHN HARPER CEO 353467 0 19000 0 0 0 4126 0 13662 0 390255 0 0 0 FAY HANLEYBROWN MANAGING DIRECTOR 339397 0 0 0 0 0 4945 0 39702 0 384044 0 0 0 JENNIFER COOPERMAN CFO (UNTIL 12/31/24) 278590 0 0 0 0 0 4725 0 36780 0 320095 0 0 0 CHIRLIE FELIX MANAGING DIRECTOR 252199 0 0 0 0 0 3665 0 31468 0 287332 0 0 0 ROBERTA SILTEN CHIEF OF PEOPLE & CULTURE/MAN. DIR. 276902 0 0 0 0 0 4081 0 3363 0 284346 0 0 0 JENNIFER JUSTER EXECUTIVE DIRECTOR 234965 0 0 0 0 0 3462 0 35949 0 274376 0 0 0 NIKHIL BUMB MANAGING DIRECTOR 251493 0 0 0 0 0 3482 0 13545 0 268520 0 0 0 KIMBERLY SHIN MANAGING DIRECTOR 227643 0 0 0 0 0 2905 0 16793 0 247341 0 0 0 X LICENSES 515 110193 COST OR SELLING PRIC 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DETAILED REVIEW OF THE 990 IS PERFORMED BY TOP MANAGEMENT OF THE ORGANIZATION BEFORE FILING. THE 990 WAS PROVIDED TO THE AUDIT AND FINANCE COMMITTEE OF THE BOARD BEFORE FILING. THE 990 IS PROVIDED TO THE BOARD AT A SUBSEQUENT BOARD MEETING FOLLOWING ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THIS FORM REQUIRES EACH PERSON TO IDENTIFY ANY RELATIONSHIPS THAT MAY POTENTIALLY BE CONFLICTS OF INTEREST UNDER THE POLICY. THE ORGANIZATION THEN INVESTIGATES THE POTENTIAL CONFLICT AND TAKES ANY APPROPRIATE ACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY WAS DETERMINED BY THE BOARD GOVERNANCE COMMITTEE AS PART OF THE CEO OFFER. IN MAKING ITS DECISION ON THE COMPENSATION LEVEL, THE COMMITTEE RELIED ON PRIOR CEO SALARY AND SEARCH FIRM INPUT. THE INTERIM CO-CEOS WERE NOT INVOLVED IN SETTING THE COMPENSATION LEVEL FOR THEIR SUCCESSOR. COMPENSATION OF OFFICERS AND KEY EMPLOYEES IN 2024 WAS DETERMINED BY THE COMPENSATION MODEL ADOPTED BY FSG IN JANUARY 2023 COMBINED WITH ANNUAL PERFORMANCE RATINGS. THE COMPENSATION MODEL WAS DESIGNED BY EDGILITY, A CONSULTING FIRM HIRED BY FSG IN 2022 TO INDEPENDENTLY PROVIDE SALARY BENCHMARKING INFORMATION AND A COMPENSATION MODEL RECOMMENDATION. THIS MODEL USES A FORMULA BASED ON A COMBINATION OF AN ANNUAL COMPETENCY RATING AND A TENURE-IN-ROLE RATING AS THE INPUTS TO DETERMINE ANNUAL SALARIES FOR ALL EMPLOYEES EXCEPT THE CEO. ANY SENIOR LEADER WHOSE SALARY SITS OUTSIDE OF THE COMPENSATION MODEL DUE TO SALARIES SET PRIOR TO THE ADOPTION OF THIS MODEL ONLY RECEIVED AN ANNUAL COLA INCREASE 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS ARE TO BE MADE DIRECTLY TO THE INDIVIDUAL LISTED IN PART VI, SECTION C, LINE 20. FORM 990 AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THIRD PARTY WEBSITES SUCH AS GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL DIVISION OF PUBLIC CHARITIES. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,829,319. MANAGEMENT AND GENERAL EXPENSES 219,357. FUNDRAISING EXPENSES 65,143. TOTAL EXPENSES 3,113,819. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FSG ADVISORY SERVICES PVT LTD 158 CST ROAD KALINA SANTACRUZ EAST MUMBAI IN 400 098 PROGRAM SERVICES IN FSG INC C 2937351 1615675 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 FSG ADVISORY SERVICES PVT LTD D 638821 FMV