Civic Intelligence

Verified Carbon Standard Association

990 • Fiscal year 2022 • EIN 27-0566795

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 02, 2023

Organization Profileverra.org

View Organization Page

One Thomas Circle NW 1050Washington, DC 20005-5817

(202) 480-2282

Siviq Scores

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

Liabilities / Assets

29th percentile

0.09x

Higher debt load relative to assets than 29% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

29th percentile

0.16x

Higher debt load relative to revenue than 29% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

71st percentile

19%

Higher net margin than 71% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

62nd percentile

$428,965

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

79th percentile

14%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$57,769,889

Up $7,277,426 (+14%) from 2021

Net Assets

Up

$52,667,481

Up $6,167,153 (+13%) from 2021

Liabilities

Up

$5,102,408

Up $1,110,273 (+28%) from 2021

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin71st percentile

Revenue

Down

$32,424,242

Down $8,081,217 (-20%) from 2021

Expenses

Up

$26,257,089

Up $8,667,325 (+49%) from 2021

Net Income

Down

$6,167,153

Down $16,748,542 (-73%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$60M$40M$20M$0Assets 2015: $2,019,065Liabilities 2015: $839,328Net Assets 2015: $1,179,7372015Assets 2016: $2,338,408Liabilities 2016: $834,230Net Assets 2016: $1,504,1782016Assets 2017: $4,418,138Liabilities 2017: $824,362Net Assets 2017: $3,593,7762017Assets 2018: $7,050,475Liabilities 2018: $1,490,206Net Assets 2018: $5,560,2692018Assets 2019: $14,059,126Liabilities 2019: $1,465,480Net Assets 2019: $12,593,6462019Assets 2020: $26,985,298Liabilities 2020: $3,400,665Net Assets 2020: $23,584,6332020Assets 2021: $50,492,463Liabilities 2021: $3,992,135Net Assets 2021: $46,500,3282021Assets 2022: $57,769,889Liabilities 2022: $5,102,408Net Assets 2022: $52,667,4812022Assets 2023: $47,899,270Liabilities 2023: $4,536,813Net Assets 2023: $43,362,4572023Assets 2024: $28,663,979Liabilities 2024: $4,675,963Net Assets 2024: $23,988,0162024

Highlighted filing

2022

Assets$57,769,889
Liabilities$5,102,408
Net Assets$52,667,481
Open 2022 Filing

Operations Trend

Revenue Growth17th percentile

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

$60M$40M$20M$0-$20MRevenue 2015: $3,072,806Expenses 2015: $3,311,316Net Income 2015: -$238,5102015Revenue 2016: $3,584,139Expenses 2016: $3,259,698Net Income 2016: $324,4412016Revenue 2017: $6,428,609Expenses 2017: $4,339,011Net Income 2017: $2,089,5982017Revenue 2018: $6,977,882Expenses 2018: $5,011,389Net Income 2018: $1,966,4932018Revenue 2019: $13,918,315Expenses 2019: $6,884,938Net Income 2019: $7,033,3772019Revenue 2020: $20,811,487Expenses 2020: $9,820,500Net Income 2020: $10,990,9872020Revenue 2021: $40,505,459Expenses 2021: $17,589,764Net Income 2021: $22,915,6952021Revenue 2022: $32,424,242Expenses 2022: $26,257,089Net Income 2022: $6,167,1532022Revenue 2023: $29,804,931Expenses 2023: $39,109,955Net Income 2023: -$9,305,0242023Revenue 2024: $27,758,613Expenses 2024: $47,133,054Net Income 2024: -$19,374,4412024

Highlighted filing

2022

Revenue$32,424,242
Expenses$26,257,089
Net Income$6,167,153
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 2, 2023
Return Version
2022v5.0
Gross Receipts
$32,424,636
Mission and Program Overview

Mission

Verra develops and manages standards that help countries, the private sector and civil society achieve their sustainable development and climate action goals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$45,597,825$52,761,284▲ $7,163,459
Accounts Receivable$776,933$2,203,476▲ $1,426,543
Prepaid Expenses and Deferred Charges$836,476$1,146,673▲ $310,197
Cash and Non-Interest-Bearing Accounts$1,972,523$651,626▼ $1,320,897
Pledges and Grants Receivable$579,200--
Land, Buildings, and Equipment, Net$582,579$473,904▼ $108,675
Total Assets$50,492,463$57,769,889▲ $7,277,426
Other Assets Total$146,927$532,926▲ $385,999
Liabilities
Accounts Payable and Accrued Expenses$3,705,083$4,498,371▲ $793,288
Other Liabilities$282,236$604,037▲ $321,801
Deferred Revenue$4,816$0▼ $4,816
Total Liabilities$3,992,135$5,102,408▲ $1,110,273
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$46,500,328$52,667,481▲ $6,167,153
Total Net Assets Fund Balance$46,500,328$52,667,481▲ $6,167,153
Total Liabilities and Net Assets / Fund Balance$50,492,463$57,769,889▲ $7,277,426

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$229,430$459,556$688,986
Equipment$217,996$243,009$461,005
Other Land Buildings$26,478$119,614$146,092
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David AntonioliChief Executive OfficerFT$337,213$91,752$428,965
Toby Janson-SmithChief Innovation OfficerFT$244,561$76,183$320,744
William FerrettiChief Operating & Financial OfficerFT$243,094$69,185$312,279
Robin RixChief Legal OfficerFT$213,536$39,578$253,114
Jerry SeagerActing Chief Program OfficerFT$203,700$44,223$247,923
Benktesh SharmaSr Director, Technology SolutionsFT$176,490$47,432$223,922
Julianne J BaroodySr Dir, Forest Carbon InnovationFT$169,373$43,586$212,959
Cheryl MasellaDirector of FinanceFT$137,732$54,782$192,514
Breffni J LynchDirector of the Verra RegistryFT$122,039$47,161$169,200
Sinclair T VincentDirector of Sustainable Dev InnovationFT$122,134$29,947$152,081

Board Members and Trustees

NameTitle
Tao YunChair
Anne-Marie WarrisVice-Chair
Andrea Garcia GuerreroBoard Member
Dirk ForristerBoard Member
Jim CannonBoard Member
Kelley KizzierBoard Member
Ken MarkowitzBoard Member
Ken NewcombeBoard Member
Marc StuartBoard Member
Mark KenberBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Globalization PartnersProfessional Employment Services265 Franklin St Ste 1702, Boston, MA 02110, Sn$6,479,791
APX Environmental MarketsDesign and maintain In-house Registry daPO Box 5481, New York, NY 10087-5481$2,235,991
Climate FocusMethodology Development Compensation1701 Rhode Island Ave NW, Washington, DC 20036$979,811
Spencer StuartOrganizational Structure and Leadership799 9th St NW Ste 350, Washington, DC 20001$560,000
Holman-Fenwick-WillanLegal Services-$515,527
Revenue and Support

Revenue Composition

Contributions and Grants
$492,748
Program Service Revenue
$31,441,144
Investment Income
$490,350
Other Revenue
$0
All Other Contributions
$492,748
Change in Net Assets
$6,167,153

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,424,242
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$32,424,242
Total Revenue per Form 990
$32,424,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,343,901
Other Expenses$12,745,365
Grants and Similar Amounts Paid$167,823
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,885,926$4,201,039-$9,086,965
Fees for Services Other$4,959,462$1,278,633-$6,238,095
Office Expenses$7,196$2,196,843-$2,204,039
Other Employee Benefits$1,009,812$749,188-$1,759,000
Current Officers, Directors, Trustees, and Key Employees$835,317$727,708-$1,563,025
Fees for Services Legal$6,040$984,885-$990,925
Travel$159,061$762,354-$921,415
Conferences and Meetings$15,886$674,472-$690,358
Pension Plan Contributions$271,691$199,318-$471,009
Payroll Taxes$265,183$198,719-$463,902
Information Technology$229,450$125,706-$355,156
Depreciation Depletion-$267,998-$267,998
Occupancy-$252,158-$252,158
Insurance-$150,858-$150,858
Grants to Domestic Orgs$84,066--$84,066
Foreign Grants$83,757--$83,757
Fees for Services Accounting-$16,489-$16,489
Other Expenses$5,251,650$-5,251,650-$0
Total Functional Expenses$18,068,528$8,188,561$0$26,257,089

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$26,257,089
Total Expenses per Audited Statements$26,257,089
Total Expenses per Form 990$26,257,089
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rainforest AllianceNew York, NY501(c)(3)Develop Pilots in the Landscale project$84,066

International Summary

Offices
0
Employees
52
Spending
$6,563,548

International Compliance

Foreign grant records maintained
Yes
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
North AmericaProgram servicesVCS, SDVISta, CCB, AFOLU012$1,883,725
South AmericaProgram servicesREDD+ & REDD+, Policy and Markets013$1,506,983
EuropeProgram servicesVCS, SDVISta, CCB, AFOLU010$1,432,126
Sub-Saharan AfricaProgram servicesPolicy and Markets in South Africa and Uganda07$816,483
South AsiaProgram servicesVCS, SDVISta, CCB, AFOLU06$519,719
East Asia and the PacificProgram servicesVCS, SDVISta, CCB, AFOLU02$169,497
Central America and the CarribeanProgram servicesVCS, SDVISta, CCB, AFOLU02$151,258
Central America and the CaribbeanGrants to recipients in the region-00$55,021
Europe (Including Iceland & Greenland)Grants to recipients in the region-00$14,449
Sub-Saharan AfricaGrants to recipients in the region-00$14,287
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-35% controlled entity of Former Board Member Charlotte StreckProgram Service activities- Review methodologies services providedNo$224,200
-35% controlled entity of Former Board Member Charlotte StreckProgram Service activities- Review methodologies services providedNo$15,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease liability operating lease$477,740
Deferred compensation liabilities$126,297
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is prepared by an outside CPA firm, which is reviewed in detail by CEO. Then a copy of Form 990 is electronically provided to the entire Board prior to signing and filing with the IRS.”

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

“The Board acknowledges the conflict of interest policy at its annual meeting. All employees sign a conflict of interest form annually.”

Form 990, Part VI, Section B, line 15

“The salary and bonus for the CEO is determined by the Board. The general frame for other officers or key employee salary adjustments, bonuses and any changes in fringe benefits are decided by the Board upon proposals by the CEO. The CEO is responsible for final decisions regarding all individual salary levels, salary adjustments and bonus allocations.”

Form 990, Part VI, Section C, line 19

“The Organization's governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Verra
EIN
27-0566795
Phone
2024802282
Address
One Thomas Circle NW 1050, Washington, DC 20005-5817

Signing Officer

Name
William M Ferretti
Title
COO and CFO
Phone
2024802282
Signed
2023-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judith Simon
Formed
2009
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
72
Volunteers
0

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Registry Developers: Program service expenses 2,019,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,019,384. Methodology Developers: Program service expenses 1,133,728. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,133,728. Other Contractors and Consultants: Program service expenses 1,806,350. Management and general expenses 1,278,633. Fundraising expenses 0. Total expenses 3,084,983.”

Form 990, Part XII, Line 2C:

“The Organization's Finance & Audit Committee is responsible for the oversight of the audit. The Finance & Audit Committee recommends an independent accountant to conduct the audit and the Board approves. The process is consistent with previous years.”

Financial Statement Notes

Part X, Line 2:

“Management has evaluated Verra's tax positions and concluded that the Organization's consolidated financial statements do not include any uncertain tax positions.”

Raw XML AppendixShowing 400 of 987 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1141544
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IRS990/Form990PartVIISectionAGrp/PersonNm0Tao Yun
IRS990/Form990PartVIISectionAGrp/PersonNm1Anne-Marie Warris
IRS990/Form990PartVIISectionAGrp/PersonNm2Marc Stuart
IRS990/Form990PartVIISectionAGrp/PersonNm3Dirk Forrister
IRS990/Form990PartVIISectionAGrp/PersonNm4Mark Kenber
IRS990/Form990PartVIISectionAGrp/PersonNm5Ken Markowitz
IRS990/Form990PartVIISectionAGrp/PersonNm6Ken Newcombe
IRS990/Form990PartVIISectionAGrp/PersonNm7Andrea Garcia Guerrero
IRS990/Form990PartVIISectionAGrp/PersonNm8Jim Cannon
IRS990/Form990PartVIISectionAGrp/PersonNm9Kelley Kizzier
IRS990/Form990PartVIISectionAGrp/PersonNm10David Antonioli
IRS990/Form990PartVIISectionAGrp/PersonNm11William Ferretti
IRS990/Form990PartVIISectionAGrp/PersonNm12Toby Janson-Smith
IRS990/Form990PartVIISectionAGrp/PersonNm13Robin Rix
IRS990/Form990PartVIISectionAGrp/PersonNm14Jerry Seager
IRS990/Form990PartVIISectionAGrp/PersonNm15Benktesh Sharma
IRS990/Form990PartVIISectionAGrp/PersonNm16Julianne J Baroody
IRS990/Form990PartVIISectionAGrp/PersonNm17Cheryl Masella
IRS990/Form990PartVIISectionAGrp/PersonNm18Sinclair T Vincent
IRS990/Form990PartVIISectionAGrp/PersonNm19Breffni J Lynch
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11270735
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13235913
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14226837
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15191959
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16188415
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17156305
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18137994
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Chief Executive Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Chief Operating & Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt12Chief Innovation Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chief Legal Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Acting Chief Program Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Sr Director, Technology Solutions
IRS990/Form990PartVIISectionAGrp/TitleTxt16Sr Dir, Forest Carbon Innovation
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt18Dir of Sustainable Dev Innovation
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director of the Verra Registry
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt084066
IRS990/GrantsToDomesticOrgsGrp/TotalAmt084066
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0380
IRS990/GrossReceiptsAmt032424636
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0125706
IRS990/InformationTechnologyGrp/ProgramServicesAmt0229450
IRS990/InformationTechnologyGrp/TotalAmt0355156
IRS990/InsuranceGrp/ManagementAndGeneralAmt0150858
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IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0394
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0Verra develops and manages standards that help countries, the private sector and civil society achieve their sustainable development and climate action goals.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesBOYAmt046500328
IRS990/NetAssetsOrFundBalancesEOYAmt052667481
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-14
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IRS990/OfficeExpensesGrp/ProgramServicesAmt07196
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0146927
IRS990/OtherAssetsTotalGrp/EOYAmt0532926
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0749188
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01009812
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01759000
IRS990/OtherExpensesGrp/Desc0Bad debt
IRS990/OtherExpensesGrp/Desc1Subscriptions & dues
IRS990/OtherExpensesGrp/Desc2Overhead allocation
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1171942
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2-5251650
IRS990/OtherExpensesGrp/ProgramServicesAmt04031
IRS990/OtherExpensesGrp/ProgramServicesAmt15251650
IRS990/OtherExpensesGrp/TotalAmt0481901
IRS990/OtherExpensesGrp/TotalAmt1175973
IRS990/OtherExpensesGrp/TotalAmt20
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0265183
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0199318
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0271691
IRS990/PensionPlanContributionsGrp/TotalAmt0471009
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0836476
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01146673
IRS990/PrincipalOfficerNm0Judith Simon
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IRS990/ProgramServiceRevenueGrp/Desc0VCS, CCB, and SDVista levies
IRS990/ProgramServiceRevenueGrp/Desc1Project registration fees
IRS990/ProgramServiceRevenueGrp/Desc2Ver., Val., & Acct. opening fees
IRS990/ProgramServiceRevenueGrp/Desc3VVB annual fees
IRS990/ProgramServiceRevenueGrp/Desc4Other program income
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13023519
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2661000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt375000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt426620
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13023519
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2661000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt375000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt426620
IRS990/ProgSrvcAccomActy2Grp/Desc0Innovations: Developing new methodologies, tools, program updates and other innovations to enable the VCS and other Verra programs meet emerging needs and opportunities.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06832850
IRS990/ProgSrvcAccomActy3Grp/Desc0Plastics Waste Reduction Program: The Plastic Waste Reduction Program (Plastic Program) provides the means for consistent accounting, independent auditing and crediting of new or scaled-up waste collection and recycling projects.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0458367
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt031120
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Landscale Standard: LandScale (LS) is a collaborative initiative led by the Climate, Community and Biodiversity Alliance, the Rainforest Alliance and Verra. It will provide measurable indicators of the state and trajectory of sustainability at the landscape level across environmental, social, and economic dimensions.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CCB Program: The Climate Community and Biodiversity (CCB) Standards program certifies projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity. The CCB Standards are often used in conjunction with VCS Program-certified land management projects, including reforestation, afforestation, vegetation, forest restoration, agroforestry and sustainable agriculture projects.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2SDVISta Program: The Sustainable Development Verified Impact Standard (SD VISta) is a framework for assessing and reporting on the sustainable development benefits of project-based activities, helping unlock new sources of finance to support and scale up high-impact efforts.
IRS990/ProgSrvcAccomActyOtherGrp/Desc33RI Initiative: Verra, BVRio, Danone, Veolia, Nestle, Tetra Pak, Conservation International, South Pole, Natural Capital Partners and SYSTEMIQ established the 3R Initiative to catalyze the responsible design, use and recovery of plastic materials and to support companies in directly reducing their plastic waste footprints and mitigating potential leakage into the environment.
IRS990/ProgSrvcAccomActyOtherGrp/Desc4California Offset Project Registry Program: The VCS-California Offset Project Registry (OPR) supports the State of California's emissions trading program. The OPR facilitates the listing, reporting, and verification of offset projects developed under the regulations of the State's emissions trading program.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0454592

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,769,889
Liabilities
$5,102,408
Net assets
$52,667,481
Revenue
$32,424,242
Expenses
$26,257,089
Net income
$6,167,153
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$4.68$24.0$27.8$47.1$19.4
2023Detailed filing. Detailed filing data is available for this year.$47.9$4.54$43.4$29.8$39.1$9.31
2022Detailed filing. Detailed filing data is available for this year.$57.8$5.10$52.7$32.4$26.3$6.17
2021Detailed filing. Detailed filing data is available for this year.$50.5$3.99$46.5$40.5$17.6$22.9
2020Detailed filing. Detailed filing data is available for this year.$27.0$3.40$23.6$20.8$9.82$11.0
2019Detailed filing. Detailed filing data is available for this year.$14.1$1.47$12.6$13.9$6.88$7.03
2018Detailed filing. Detailed filing data is available for this year.$7.05$1.49$5.56$6.98$5.01$1.97
2017Detailed filing. Detailed filing data is available for this year.$4.42$0.82$3.59$6.43$4.34$2.09
2016Detailed filing. Detailed filing data is available for this year.$2.34$0.83$1.50$3.58$3.26$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.84$1.18$3.07$3.31$0.24