Civic Intelligence

Verite Inc.

990 • Fiscal year 2022 • EIN 04-3304538

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

44 Belchertown RoadAmherst, MA 01002

(413) 253-9227

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.43x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.24x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

21st percentile

-6.9%

Higher net margin than 21% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

70th percentile

$177,172

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

18th percentile

-11%

Faster asset growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-3.8%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$5,458,819

Down $652,638 (-11%) from 2021

Net Assets

Down

$3,084,585

Down $691,773 (-18%) from 2021

Liabilities

Up

$2,374,234

Up $39,135 (+1.7%) from 2021

Revenue

Down

$9,956,684

Down $398,284 (-3.8%) from 2021

Expenses

Up

$10,648,457

Up $1,898,235 (+22%) from 2021

Net Income

Down

-$691,773

Down $2,296,519 (-143%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,098,364Liabilities 2011: $549,554Net Assets 2011: $548,8102011Assets 2012: $2,208,744Liabilities 2012: $586,187Net Assets 2012: $1,622,5572012Assets 2013: $1,534,755Liabilities 2013: $771,071Net Assets 2013: $763,6842013Assets 2014: $2,600,188Liabilities 2014: $1,042,260Net Assets 2014: $1,557,9282014Assets 2015: $3,016,638Liabilities 2015: $1,422,577Net Assets 2015: $1,594,0612015Assets 2016: $3,109,392Liabilities 2016: $1,144,151Net Assets 2016: $1,965,2412016Assets 2017: $4,683,656Liabilities 2017: $1,620,574Net Assets 2017: $3,063,0822017Assets 2018: $5,313,440Liabilities 2018: $1,776,730Net Assets 2018: $3,536,7102018Assets 2019: $5,060,115Liabilities 2019: $2,467,870Net Assets 2019: $2,592,2452019Assets 2020: $4,736,675Liabilities 2020: $2,524,513Net Assets 2020: $2,212,1622020Assets 2021: $6,111,457Liabilities 2021: $2,335,099Net Assets 2021: $3,776,3582021Assets 2022: $5,458,819Liabilities 2022: $2,374,234Net Assets 2022: $3,084,5852022Assets 2023: $5,282,808Liabilities 2023: $1,504,613Net Assets 2023: $3,778,1952023Assets 2024: $5,031,174Liabilities 2024: $2,103,396Net Assets 2024: $2,927,7782024

Highlighted filing

2022

Assets$5,458,819
Liabilities$2,374,234
Net Assets$3,084,585

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,171,498Expenses 2011: $4,754,294Net Income 2011: -$582,7962011Revenue 2012: $4,641,510Expenses 2012: $3,567,763Net Income 2012: $1,073,7472012Revenue 2013: $3,635,018Expenses 2013: $4,493,891Net Income 2013: -$858,8732013Revenue 2014: $6,691,656Expenses 2014: $5,897,412Net Income 2014: $794,2442014Revenue 2015: $6,109,566Expenses 2015: $6,073,433Net Income 2015: $36,1332015Revenue 2016: $6,957,131Expenses 2016: $6,585,951Net Income 2016: $371,1802016Revenue 2017: $8,044,270Expenses 2017: $6,946,429Net Income 2017: $1,097,8412017Revenue 2018: $7,976,418Expenses 2018: $7,502,790Net Income 2018: $473,6282018Revenue 2019: $8,517,792Expenses 2019: $9,462,257Net Income 2019: -$944,4652019Revenue 2020: $7,953,074Expenses 2020: $8,333,157Net Income 2020: -$380,0832020Revenue 2021: $10,354,968Expenses 2021: $8,750,222Net Income 2021: $1,604,7462021Revenue 2022: $9,956,684Expenses 2022: $10,648,457Net Income 2022: -$691,7732022Revenue 2023: $13,460,433Expenses 2023: $12,766,824Net Income 2023: $693,6092023Revenue 2024: $11,821,768Expenses 2024: $12,672,185Net Income 2024: -$850,4172024

Highlighted filing

2022

Revenue$9,956,684
Expenses$10,648,457
Net Income-$691,773
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$9,956,684
Mission and Program Overview

Mission

To ensure that people worldwide work under safe, fair and legal working conditions and to develop concrete steps to correct identified exploitation of workers or health and safety violations in the workplace through a combination of trainings for management and workers, education programs and remediation programs.

To ensure that people worldwide work under safe, fair and legal working conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,604,432$2,542,352▼ $62,080
Cash and Non-Interest-Bearing Accounts$2,513,199$1,880,732▼ $632,467
Savings and Temporary Cash Investments$939,469$695,613▼ $243,856
Prepaid Expenses and Deferred Charges$19,204$46,576▲ $27,372
Land, Buildings, and Equipment, Net$18,219$43,503▲ $25,284
Total Assets$6,111,457$5,458,819▼ $652,638
Other Assets Total$16,934$250,043▲ $233,109
Liabilities
Accounts Payable and Accrued Expenses$1,291,871$1,392,808▲ $100,937
Deferred Revenue$1,043,228$745,926▼ $297,302
Other Liabilities$0$235,500▲ $235,500
Total Liabilities$2,335,099$2,374,234▲ $39,135
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,524,580$2,570,177▲ $45,597
Net Assets With Donor Restrictions$1,251,778$514,408▼ $737,370
Total Net Assets Fund Balance$3,776,358$3,084,585▼ $691,773
Total Liabilities and Net Assets / Fund Balance$6,111,457$5,458,819▼ $652,638

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$40,521$95,466$135,987
Leasehold Improvements$2,479$3,579$6,058
Other Land Buildings$503$4,663$5,166
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shawn MacdonaldChief Executive OfficerFT$150,208$26,964$177,172
Elizabeth GarlandCheif Program OfficerFT$125,000$20,455$145,455
Declan CroucherDirector of Advisory ServiFT$120,000$22,448$142,448
Michael VaudreuilSenior Program DirectorFT$122,510$17,890$140,400
Gabriela DelgadillaCheif Program OfficerFT$125,000$11,038$136,038

Board Members and Trustees

NameTitle
Liddy MansonChairperson
Daniel ViedermanDirector
David LeviDirector
Doug CahnDirector
Katie FordDirector
Laura Leedy GanslerDirector
Mireille GrangenoisDirector
Tu RinscheDirector
Brian LifsecTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Verite Southeast AsiaProgram Consultant4445 LAKE FOREST DRIVE, Cincinnati, OH 45242, Rp$1,369,344
Goldenberg Schneider LpaProgram Consultant1400 CRYSTAL DRIVE, Arlington, VA 22202, Uk$479,339
Better Cotton InitiativeProgram Consultant1601 TELEGRAPH AVE, Oakland, CA 94612$340,754
American Institutes For Research (air)Program Consultant-$280,826
Responsible Sourcing Network (rsn)Program Consultant-$197,763
Revenue and Support

Revenue Composition

Contributions and Grants
$266,284
Program Service Revenue
$9,630,645
Investment Income
$1,363
Other Revenue
$58,392
All Other Contributions
$266,284
Change in Net Assets
$-691,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,956,684
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,956,684
Total Revenue per Form 990
$9,956,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,416,808
Salaries, Compensation, and Employee Benefits$4,231,649
Total Fundraising Expense$8,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,793,799$302,354$5,921$3,102,074
Other Employee Benefits$608,723$77,167$1,465$687,355
Travel$664,956$10,931$88$675,975
Payroll Taxes$253,245$11,408$396$265,049
Office Expenses$206,801$30,184-$236,985
Current Officers, Directors, Trustees, and Key Employees$159,454$17,717-$177,171
Occupancy$103,772$46,281$230$150,283
Fees for Services Accounting$66,683$18,149$73$84,905
Insurance$50,147$28,506$1$78,654
Advertising$26,555$2,427$5$28,987
Fees for Services Legal$18,259$4,969$20$23,248
Conferences and Meetings$12,204$1,023$4$13,231
Depreciation Depletion$8,785$3,617$12$12,414
Other Expenses$1,748$332$6$2,086
All Other Expenses$530--$530
Total Functional Expenses$10,044,346$595,278$8,833$10,648,457

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,648,457
Total Expenses per Audited Statements$10,648,457
Total Expenses per Form 990$10,648,457
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
2
Employees
68
Spending
$3,863,289

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesResearch, Training, Consulting and Assessments08$1,579,277
North AmericaProgram ServicesResearch, Training, Consulting and Assessments019$730,868
EuropeProgram ServicesResearch, Training, Consulting and Assessments012$611,338
Sub-saharan AfricaProgram ServicesResearch, Training, Consulting and Assessments29$459,997
South AmericaProgram ServicesResearch, Training, Consulting and Assessments012$255,123
South AsiaProgram ServicesResearch, Training, Consulting and Assessments04$127,477
Central AmericaProgram ServicesResearch, Training, Consulting and Assessments03$98,037
Middle East and North AfricaProgram ServicesResearch, Training, Consulting and Assessments01$1,172
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$235,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the tax return is submitted to the board chair and treasurer immediately upon receipt for their review and signature. Copies are sent to the entire board along with the completed audit. It is not known if a board meeting will be held prior to the filing due date.

Form 990, Part VI, Section B, Line 12C

Each board member, officer, staff member, and volunteer shall sign and date the conflict of interest policy at the beginning of his/her term of service or employment and each year thereafter.

Form 990, Part VI, Section B, Line 15

The ceo's salary is discussed and approved by the board of directors in a confidential session. Any salary increase awarded is based on performance as well as what the market rate is for the area of operation. All other employee compensation is set by the ceo after discussions with appropriate parties such as the treasurer, cfo and/or program managers as part of the annual budget and/or review processes.

Form 990, Part VI, Section C, Line 19

Any public document requested can be viewed at the verite office at a mutually acceptable time after a request in writing has been submitted to the ceo.

Filing and Contact Details

Filer

Filer Name
Verite Inc
EIN
04-3304538
Phone
4132539227
Address
44 BELCHERTOWN ROAD, AMHERST, MA 01002

Signing Officer

Name
Shawn Macdonald
Title
CEO
Phone
4132539227
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Macdonald
Formed
1996
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
54
Volunteers
30

Preparer

Firm
Whittlesey Pc
Address
14 BOBALA RD, HOLYOKE, MA 01040
Preparer
Thomas Dowling
Phone
4135363970
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IRS990/Form990PartVIISectionAGrp/PersonNm4LIDDY MANSON
IRS990/Form990PartVIISectionAGrp/PersonNm5LAURA LEEDY GANSLER
IRS990/Form990PartVIISectionAGrp/PersonNm6BRIAN LIFSEC
IRS990/Form990PartVIISectionAGrp/PersonNm7MIREILLE GRANGENOIS
IRS990/Form990PartVIISectionAGrp/PersonNm8TU RINSCHE
IRS990/Form990PartVIISectionAGrp/PersonNm9SHAWN MACDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL VAUDREUIL
IRS990/Form990PartVIISectionAGrp/PersonNm11DECLAN CROUCHER
IRS990/Form990PartVIISectionAGrp/PersonNm12ELIZABETH GARLAND
IRS990/Form990PartVIISectionAGrp/PersonNm13GABRIELA DELGADILLA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9150208
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10122510
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12125000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13125000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SENIOR PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF ADVISORY SERVI
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHEIF PROGRAM OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHEIF PROGRAM OFFICER
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt043503
IRS990/LandBldgEquipCostOrOtherBssAmt0147211
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENSURE THAT PEOPLE WORLDWIDE WORK UNDER SAFE, FAIR AND LEGAL WORKING CONDITIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03776358
IRS990/NetAssetsOrFundBalancesEOYAmt03084585
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02524580
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02570177
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0230
IRS990/OccupancyGrp/ManagementAndGeneralAmt046281
IRS990/OccupancyGrp/ProgramServicesAmt0103772
IRS990/OccupancyGrp/TotalAmt0150283
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030184
IRS990/OfficeExpensesGrp/ProgramServicesAmt0206801
IRS990/OfficeExpensesGrp/TotalAmt0236985
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016934
IRS990/OtherAssetsTotalGrp/EOYAmt0250043
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01465
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt077167
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0608723
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0687355
IRS990/OtherExpensesGrp/Desc0CONSULTANTS/OUTSIDE SER
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/FundraisingAmt0588
IRS990/OtherExpensesGrp/FundraisingAmt123
IRS990/OtherExpensesGrp/FundraisingAmt21
IRS990/OtherExpensesGrp/FundraisingAmt36
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033139
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16563
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2511
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3332
IRS990/OtherExpensesGrp/ProgramServicesAmt05044861
IRS990/OtherExpensesGrp/ProgramServicesAmt115448
IRS990/OtherExpensesGrp/ProgramServicesAmt28376
IRS990/OtherExpensesGrp/ProgramServicesAmt31748
IRS990/OtherExpensesGrp/TotalAmt05078588
IRS990/OtherExpensesGrp/TotalAmt122034
IRS990/OtherExpensesGrp/TotalAmt28888
IRS990/OtherExpensesGrp/TotalAmt32086
IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt058392
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0302354
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02793799
IRS990/OtherSalariesAndWagesGrp/TotalAmt03102074
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0396
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011408
IRS990/PayrollTaxesGrp/ProgramServicesAmt0253245
IRS990/PayrollTaxesGrp/TotalAmt0265049
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019204
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046576
IRS990/PrincipalOfficerNm0SHAWN MACDONALD
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09630645
IRS990/ProgSrvcAccomActy2Grp/Desc0VERITE CONDUCTED 231 COMPREHENSIVE AUDITS, INVESTIGATIONS, SCREENINGS AND REVIEWS TO PROVIDE INSIGHT INTO WORKING CONDITIONS - INCLUDING FORCED LABOR, HUMAN TRAFFICKING, AND CHILD LABOR - IN GLOBAL SUPPLY CHAINS FOR 25 CLIENTS IN MORE THAN 29 COUNTRIES. OUR APPROACH CENTERED ON WORKERS' VOICES AND PROVIDED STAKEHOLDERS WITH ACTIONABLE RECOMMENDATIONS TO ADDRESS ROOT CAUSES OF NON-COMPLIANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02159690
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02368363
IRS990/ProgSrvcAccomActy3Grp/Desc0VERITE COMPLETED 66 CONSULTING ENGAGEMENTS FOR 28 CLIENTS GUIDING COMPANIES IN STRENGTHENING INTERNAL AND SUPPLY CHAIN MANAGEMENT SYSTEMS THAT PROACTIVELY CONTROLLED RISKS TO THE BUSINESS AND ITS EMPLOYEES. OUR BROAD EXPERTISE ALLOWED US TO SUPPORT CLIENTS ACROSS INDUSTRIES IN STRATEGIC PLANNING, INTEGRATING SOCIAL RESPONSIBILITY REQUIREMENTS INTO SOURCING DECISIONS, AND CASCADING ACCOUNTABILITY THROUGHOUT THEIR VALUE CHAINS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01768087
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02009213
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VERITE DESIGNED AND DELIVERED IN-PERSON, REMOTE AND WEB-BASED SOLUTION-ORIENTED TRAINING PROGRAMS, PROVIDED GOVERNMENT AND TECHNICAL ASSISTANCE AND PROMTOED POLICY ADVACACY ON 21 PROJECTS WITH 18 PARTNERS IN MULTIPLE COUNTRIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0901942
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt052912
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01481854
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01416
IRS990/PYOtherExpensesAmt04608764
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08871698
IRS990/PYRevenuesLessExpensesAmt01604746
IRS990/PYSalariesCompEmpBnftPaidAmt04141458
IRS990/PYTotalExpensesAmt08750222
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010354968
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-691773
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05200157
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0939469
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0695613
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0266284
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01481854
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0893716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0382190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01016131
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04040175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01363
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01416
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02634
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03862
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04325
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09630645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08871698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07056724
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08131740

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$2.10$2.93$11.8$12.7$0.85
2023Detailed filing. Detailed filing data is available for this year.$5.28$1.50$3.78$13.5$12.8$0.69
2022Detailed filing. Detailed filing data is available for this year.$5.46$2.37$3.08$9.96$10.6$0.69
2021Detailed filing. Detailed filing data is available for this year.$6.11$2.34$3.78$10.4$8.75$1.60
2020Detailed filing. Detailed filing data is available for this year.$4.74$2.52$2.21$7.95$8.33$0.38
2019Detailed filing. Detailed filing data is available for this year.$5.06$2.47$2.59$8.52$9.46$0.94
2018Detailed filing. Detailed filing data is available for this year.$5.31$1.78$3.54$7.98$7.50$0.47
2017Detailed filing. Detailed filing data is available for this year.$4.68$1.62$3.06$8.04$6.95$1.10
2016Detailed filing. Detailed filing data is available for this year.$3.11$1.14$1.97$6.96$6.59$0.37
2015Detailed filing. Detailed filing data is available for this year.$3.02$1.42$1.59$6.11$6.07$0.04
2014Summary only. Only limited summary data is available for this year.$2.60$1.04$1.56$6.69$5.90$0.79
2013Summary only. Only limited summary data is available for this year.$1.53$0.77$0.76$3.64$4.49$0.86
2012Summary only. Only limited summary data is available for this year.$2.21$0.59$1.62$4.64$3.57$1.07
2011Summary only. Only limited summary data is available for this year.$1.10$0.55$0.55$4.17$4.75$0.58