Pros
There are some truly wonderful people at the junior and middle management levels who really want to make a difference in the world. Many of them are very well-connected in the social impact space, so it's a great network to have. However, since they are smart people they tend to look for something else after a year or two.
Cons
Wow, where to start? How about with the 2020 990 forms and financial statements. Accion loves to tote its nonprofit mission while paying its CEO $673k (average in the US is more like $200k for nonprofit CEOs). The COO - who lives in Colombia where the income per capita is ~$15k - had a total comp of $645k. You can see on the financial statements that Accion manages or invests in a number of for-profits and LLCs located in Delaware and the Cayman Islands. This means that despite $12m in revenue and $434m in AUM, they paid $12k in income taxes. How they are able to pull such big donation figures when all of this info is publicly available is beyond me. They know they can take advantage of younger hires who are eager to break into the social impact space, and they do not hesitate to do so. Anyone who is a few years out of college is not getting paid more than $50k, and their offices are in very high cost of living locations. Some teams have a better work life balance than others. The ones that don't run their staff into the ground, expecting them to work nights and weekends with no overtime. When you take time off, you don't actually get to be offline - you are 100% expected to be checking and replying to your emails. The CEO is fine as a manager, but as a person he does think very highly of himself. He works remote in NYC - even though pre-covid they were not chill about non-exec staff working remote - and visits the offices maybe once a year. Like half his personality is being friends with the Clintons. There are a number of staff in upper management / exec levels who have been there 10+ years. They are never leaving, and I can't say I blame them. They get a cushy job in a sexy industry. This means your chances of upward mobility and good pay are slim, unless you want to hang out there for 20+ years waiting for them to retire. Oh and there is also rampant sexism, which HR is at least partially aware of. They seem to believe it will be fixed with an annual sexual harassment training.
