Simple Steps Earned a 2022 Platinum Seal of Transparency!
Only 0.75% of the U.S. nonprofits earned the Platinum Seal in 2020.
Do you know that only 0.75% of the U.S. nonprofits earned Platinum Seal in 2020? In 2020, 5% of the U.S. nonprofits held a seal of transparency, and just 15% of the holders achieved the highest level of transparency - the Platinum Seal.
We’re excited to share that Simple Steps Community Connection has earned a 2022 Platinum Seal of Transparency with Candid! I am proud to say that you can support our work with trust and confidence. Check out our NonprofitProfile to learn more and make a difference with your support: https://www.guidestar.org/Profile/82-1540693
The GuideStar Seals of Transparency
GuideStar introduced the GuideStar Seals of Transparency in 2013 to address questions about transparency and the flow of information and to provide visible recognition when a nonprofit shares information on GuideStar. More than 75,000 organizations have earned Seals, making the GuideStar Seal the most widely adopted symbol of transparency in the U.S. social sector.
The type of information a nonprofit provides determines which Seal it earns. The levels are:
Bronze—basic information so people can find your organization
Silver—program information and brand details
Gold—financials and people information
Platinum—goals and the difference you’re making
How many?
According to GuideStar 2022 data, 78,262 out of 1.7 million nonprofits registered with the IRS had a seal. Nearly half of Seal holders had earned a Bronze Seal. One snapshot found that 19 percent of Seal holders were at the Silver level, 20 percent at Gold, and 15 percent at Platinum.
Beyond this active Seal holder group, a smaller number of organizations had claimed their profiles but not earned a Seal (giving them “basic” status) or had allowed their Seals to expire (organizations must provide updated information on an annual basis to maintain their Seals).
Source: https://blog.candid.org/post/a-look-at-organizations-that-have-earned-guidestar-seals-of-transparency/
Written by Doyeon Kim