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Inc. 5000 Listed - 2022 & 2023!

Results From Our Email Survey

Approximately 30,000 people were invited to participate in a survey designed to evaluate topics for online learning through Foundation Group. We asked questions about your level of interest in topics to help your nonprofit succeed. We also asked questions about your specific nonprofit organization.

Now you can see how the answers you gave about your nonprofit compare and contrast with other nonprofits. We will try to use the other answers to help provide educational opportunities for our clients and friends.

So, here they are. First will be the survey question and then the percentages for the answers:

Each answer with the highest percentage is in bold type.

Is your organization incorporated as a nonprofit?
Yes – 80%
No – 20%

Which 501(c) status did your organization obtain?
501(c)(3) – 69.33%
501(c)(4) – 0.00%
501(c)(6) – 1.33%
501(c)(7) – 0.00%
Don’t have 501(c) status – 25.33%
Other – 4.00%

How long have you had that 501(c) status?
< 1 year – 30.28%
1-2 years – 15.60%
3-5 years – 26.61%
6-9 years – 11.93%
10+ years – 15.60%

What is the nonprofit’s annual average revenue?
$0 – $49,999 – 71.63%
$50,000 – $199,999 – 19.15%
$200,000 – $999,999 – 6.38%
$1,000,000 – 2.84%

What version of the IRS Form 990 did you file last year?
990-N – 13.79%
990-EZ – 21.38%
990 (long form) – 8.97%
990-PF – 0.69%
990-T – 0.00%
I didn’t file a Form 990 last year – 55.17%

Some of the information we gathered sparked our interest and some other information gave us cause for concern. One interesting fact was that most of the respondents were smaller, younger nonprofits.  That is partially explained by the high number of startup organizations we work with, but not entirely.

The most important result of the survey was getting a better understanding of the topics of most concern to our clients and followers.  The data we gathered will help us better serve the nonprofit community with new and better services and educational content.  To those who participated in the survey, many thanks!

Greg McRay is the founder and CEO of The Foundation Group. He is registered with the IRS as an Enrolled Agent and specializes in 501(c)(3) and other tax exemption issues.

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