Civic Intelligence

B Team Headquarters Inc

EIN 46-1860634 • 501(c)3 • New York, NY

Profile

To catalyze a movement of business leaders driving a better way of doing business for the wellbeing of people and the planet.

115 Fifth Avenue 6flNew York, NY 10003

bteam.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.08x

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

NTEE C • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.05x

Higher debt load relative to revenue than 46% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Source year 2024

Net Margin

36th percentile

0.9%

Higher net margin than 36% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$391,767

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

NTEE C • $1M-$5M nonprofits • Source year 2024

Asset Growth

32nd percentile

-0.1%

Faster asset growth than 32% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

1.0%

Faster revenue growth than 36% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,357,219

Down $3,506 (-0.1%) from 2023

Liabilities

Down

$195,531

Down $37,419 (-16%) from 2023

Net Assets

Up

$2,161,688

Up $33,913 (+1.6%) from 2023

Revenue

Up

$3,601,499

Up $35,392 (+1.0%) from 2023

Expenses

Down

$3,567,586

Down $357,809 (-9.1%) from 2023

Net Income

Up

$33,913

Up $393,201 (+109%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $45,770Liabilities 2013: $0Net Assets 2013: $45,7702013Assets 2014: $1,052,913Liabilities 2014: $32,363Net Assets 2014: $1,020,5502014Assets 2015: $1,844,197Liabilities 2015: $629,954Net Assets 2015: $1,214,2432015Assets 2016: $2,226,794Liabilities 2016: $1,179,144Net Assets 2016: $1,047,6502016Assets 2017: $2,223,348Liabilities 2017: $1,391,020Net Assets 2017: $832,3282017Assets 2018: $1,742,906Liabilities 2018: $874,596Net Assets 2018: $868,3102018Assets 2019: $1,836,388Liabilities 2019: $578,849Net Assets 2019: $1,257,5392019Assets 2020: $2,214,798Liabilities 2020: $436,507Net Assets 2020: $1,778,2912020Assets 2021: $2,921,981Liabilities 2021: $609,893Net Assets 2021: $2,312,0882021Assets 2022: $3,072,369Liabilities 2022: $585,306Net Assets 2022: $2,487,0632022Assets 2023: $2,360,725Liabilities 2023: $232,950Net Assets 2023: $2,127,7752023Assets 2024: $2,357,219Liabilities 2024: $195,531Net Assets 2024: $2,161,6882024

Highlighted filing

2024

Assets$2,357,219
Liabilities$195,531
Net Assets$2,161,688

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $351,840Expenses 2013: $306,070Net Income 2013: $45,7702013Revenue 2014: $2,421,129Expenses 2014: $1,446,349Net Income 2014: $974,7802014Revenue 2015: $3,134,985Expenses 2015: $2,941,292Net Income 2015: $193,6932015Revenue 2016: $2,983,957Expenses 2016: $3,150,550Net Income 2016: -$166,5932016Revenue 2017: $4,152,257Expenses 2017: $4,367,579Net Income 2017: -$215,3222017Revenue 2018: $4,127,922Expenses 2018: $4,091,940Net Income 2018: $35,9822018Revenue 2019: $4,494,548Expenses 2019: $4,105,319Net Income 2019: $389,2292019Revenue 2020: $3,996,753Expenses 2020: $3,476,001Net Income 2020: $520,7522020Revenue 2021: $4,389,629Expenses 2021: $3,855,832Net Income 2021: $533,7972021Revenue 2022: $4,215,060Expenses 2022: $4,040,085Net Income 2022: $174,9752022Revenue 2023: $3,566,107Expenses 2023: $3,925,395Net Income 2023: -$359,2882023Revenue 2024: $3,601,499Expenses 2024: $3,567,586Net Income 2024: $33,9132024

Highlighted filing

2024

Revenue$3,601,499
Expenses$3,567,586
Net Income$33,913

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.20$2.16$3.60$3.57$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.23$2.13$3.57$3.93$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.59$2.49$4.22$4.04$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.61$2.31$4.39$3.86$0.53
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.44$1.78$4.00$3.48$0.52
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.58$1.26$4.49$4.11$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.87$0.87$4.13$4.09$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$1.39$0.83$4.15$4.37$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$1.18$1.05$2.98$3.15$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.63$1.21$3.13$2.94$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.05$0.03$1.02$2.42$1.45$0.97
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.35$0.31$0.05
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$4,215,060
Mission and Program Overview

Mission

To catalyze a movement of business leaders driving a better way of doing business for the wellbeing of people and the planet.

A non profit sustainability initiative formed by a global group of business leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,250,249$2,156,387▲ $906,138
Cash and Non-Interest-Bearing Accounts$1,424,059$808,905▼ $615,154
Prepaid Expenses and Deferred Charges$61,737$104,487▲ $42,750
Pledges and Grants Receivable$185,917$2,590▼ $183,327
Total Assets$2,921,981$3,072,369▲ $150,388
Other Assets Total$19$0▼ $19
Liabilities
Deferred Revenue$460,338$431,222▼ $29,116
Accounts Payable and Accrued Expenses$149,555$154,084▲ $4,529
Total Liabilities$609,893$585,306▼ $24,587
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,282,886$2,487,063▲ $204,177
Net Assets With Donor Restrictions$29,202$0▼ $29,202
Total Net Assets Fund Balance$2,312,088$2,487,063▲ $174,975
Total Liabilities and Net Assets / Fund Balance$2,921,981$3,072,369▲ $150,388
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Halla TomasdottirChief Executive OfficerFT$461,346$144,543$605,889
Leah SeligmannCampaigns LeadFT$220,234$35,022$255,256
Nadine Apelian DobbsCommunications and StoryteFT$186,130$58,911$245,041
Chris MoffoHead of Messaging StrategyFT$129,826$16,200$146,026
Charlotte BursonHead of DevelopmentFT$102,206$42,555$144,761
Esha MuftiHead of AdvocacyFT$114,346$10,817$125,163

Board Members and Trustees

NameTitle
Jesper BrodinBoard Chair
Sharan BurrowBoard Vice Chair
Andrew LiverisBoard Member
Ester BaigetBoard Member
Hiro MizunoBoard Member
Isabelle KocherBoard Member
Jean OelwangBoard Member
Joseph KennerBoard Member
Paul PolmanBoard Member
Kate Ormiston SmithSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Robin HodessConsulting618 EUCALYPTUS DRIVE, El Segundo, CA 90245, Gm$187,417
Charles Bradley SparksConsulting11119 BELLFLOWER RD, Cleveland, OH 44106$155,000
David CooperiderConsulting-$150,000
Revenue and Support

Revenue Composition

Contributions and Grants
$4,100,861
Program Service Revenue
$107,720
Investment Income
$6,479
Other Revenue
$0
All Other Contributions
$4,100,861
Change in Net Assets
$174,975

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,215,060
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$38,798
Total Revenue per Audited Statements
$4,253,858
Total Revenue per Form 990
$4,215,060
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,422,028
Salaries, Compensation, and Employee Benefits$1,618,057
Total Fundraising Expense$159,627
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$855,893$385,864$58,026$1,299,783
Current Officers, Directors, Trustees, and Key Employees$738,644$325,602$68,940$1,133,186
Fees for Services Other$649,741$64,168-$713,909
Other Salaries and Wages$253,675$118,808$22,851$395,334
Travel$48,640$28,282$2,720$79,642
Payroll Taxes$51,873$15,837$5,671$73,381
Office Expenses$6,105$53,286$170$59,561
Other Expenses$149$21,861-$22,010
Fees for Services Accounting-$21,645-$21,645
Insurance-$20,986-$20,986
Other Employee Benefits$11,420$3,487$1,249$16,156
Fees for Services Legal-$11,576-$11,576
Occupancy-$5,715-$5,715
Fees for Services Lobbying-$562-$562
Total Functional Expenses$2,784,980$1,095,478$159,627$4,040,085

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,078,883
Expenses per Audited Statements$4,040,085
Total Expenses per Form 990$4,040,085
Expenses Not Reported on Form 990$38,798
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
1
Employees
10
Spending
$1,684,112

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
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesFinance Support, Management Consultancy & Programmatic Support.110$1,684,112
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
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
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

The 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final 990 (filed with the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended 990 will be filed.

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

The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information.

Form 990, Part VI, Section B, Line 15

Compensations are discussed and approved by the board of directors.

Form 990, Part VI, Section C, Line 18

The organization's governing documents, conflict of interest policy, form 990, form 1023, financial statements and other documents are on our website, as well as upon request.

Form 990, Part VI, Section C, Line 19

Financial statements & other documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
B Team Headquarters Inc
EIN
46-1860634
Phone
9163857956
Address
115 FIFTH AVENUE 6FL, NEW YORK, NY 10003

Signing Officer

Name
Kate Ormiston Smith
Title
Secretary
Phone
9163857956
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kate Ormiston Smith
Formed
2013
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
9

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants and contractors: program service expenses 649,741. Management and general expenses 64,168. Fundraising expenses 0. Total expenses 713,909.

FORM 990. PART XII, LINE 2C:

The process has not changed from prior year.

Raw XML AppendixShowing 400 of 672 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0154084
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IRS990/ActivityOrMissionDesc0A NON PROFIT SUSTAINABILITY INITIATIVE FORMED BY A GLOBAL GROUP OF BUSINESS LEADERS.
IRS990/AllOtherContributionsAmt04100861
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ROBIN HODESS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CHARLES BRADLEY SPARKS
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0LEAD WITH HUMANITY AT THE HEART - TO ACHIEVE THIS WE: RESET LEADERSHIP THROUGH RESET DIALOGUE AND DESIGN MOBILIZATIONS, USING RADICAL COLLABORATION AND CROSS-GENERATIONAL ENERGY TO CO-CREATE SYSTEM-WIDE SOLUTIONS TO CHALLENGES THAT ARE CRUCIAL TO A PEOPLE AND PLANET POSITIVE FUTURE. CHANGE WHO TO CHANGE HOW, DRIVING DIVERSITY AND INCLUSION AT THE VERY TOP OF CORPORATE AMERICA, WITH A FOCUS ON CATALYZING TRANSFORMATIONS ON LEADING CORPORATE BOARDS. CATALYZE COMMUNITIES OF COURAGE, EXPLORING HOW TO BEST SUPPORT NEW PARTNERSHIPS AND ALLIANCES ACROSS GEOGRAPHIES, WHILST HELPING TO MOTIVATE AND MOBILIZE EXISTING COMMUNITIES OF COURAGE, PROVIDING THE OPPORTUNITIES FOR LEADERS TO RAISE THEIR AMBITION FOR CHANGE FURTHER AMONG A COMMUNITY THAT SUPPORTS THEM AND OUR GOALS. BUILD THE TEAM, CREATING A MORE DIVERSE LEADER COMMUNITY - ACROSS GEOGRAPHY, RACE, GENDER, GENERATIONS. WE WILL FOCUS ON ENRICHING OUR OWN B TEAM WITH INTERGENERATIONAL LEADERS WHO HELP US BRING IN NEW PERSPECTIVES AND EMBRACE THE SAYING: NOTHING ABOUT US WITHOUT US'. ACCELERATE 'NEW LEADERSHIP' STORYTELLING, SHOWCASING BOLD AND BRAVE LEADERSHIP THROUGH THE NEW LEADERSHIP PLAYBOOK, WHICH OFFERS LEADERS THE INSPIRATION, TOOLS AND OPPORTUNITIES FOR GROWTH TO SUPPORT A GROWING MOVEMENT. CONTRIBUTE TO A DESTINATION GOAL OF 'LOVE WHERE WE WORK', COMPLEMENTING 'LOVE WHERE WE LIVE,' TO FOCUS ON WORKPLACE EQUALITY.
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IRS990/Form990PartVIISectionAGrp/PersonNm5ISABELLE KOCHER
IRS990/Form990PartVIISectionAGrp/PersonNm6JEAN OELWANG
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSEPH KENNER
IRS990/Form990PartVIISectionAGrp/PersonNm8PAUL POLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9HALLA TOMASDOTTIR
IRS990/Form990PartVIISectionAGrp/PersonNm10KATE ORMISTON SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11LEAH SELIGMANN
IRS990/Form990PartVIISectionAGrp/PersonNm12NADINE APELIAN DOBBS
IRS990/Form990PartVIISectionAGrp/PersonNm13ESHA MUFTI
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRIS MOFFO
IRS990/Form990PartVIISectionAGrp/PersonNm15CHARLOTTE BURSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11CAMPAIGNS LEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt12COMMUNICATIONS AND STORYTE
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IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF MESSAGING STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt15HEAD OF DEVELOPMENT
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IRS990/ProgSrvcAccomActy3Grp/Desc0RIGHT THE RULES - IN OUR RIGHT THE RULES CAMPAIGN, THE B TEAM ADVOCATES FOR A FUNDAMENTAL RESET OF THE RULES UNDER WHICH BUSINESSES OPERATE IN SOCIETY, TO INCENTIVIZE MORE SUSTAINABLE BUSINESS MODELS AND BUILD A MORE INCLUSIVE ECONOMY.
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