Civic Intelligence

Initiative for Responsible Mining Assurance

990 • Fiscal year 2023 • EIN 84-1973536

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization ProfileWWW.RESPONSIBLEMINING.NET
113 Cherry St 74985Seattle, WA 98104

(360) 230-8225

Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

93rd percentile

60%

Higher net margin than 93% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

68th percentile

$171,598

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

99th percentile

810%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

442%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$4,429,005

Up $3,942,561 (+810%) from 2022

Net Assets

Up

$4,320,284

Up $3,918,941 (+976%) from 2022

Liabilities

Up

$108,721

Up $23,620 (+28%) from 2022

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin93rd percentile

Revenue

Up

$6,242,805

Up $5,091,808 (+442%) from 2022

Expenses

Up

$2,519,611

Up $1,575,679 (+167%) from 2022

Net Income

Up

$3,723,194

Up $3,516,129 (+1698%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$6.0M$4.0M$2.0M$0Assets 2022: $486,444Liabilities 2022: $85,101Net Assets 2022: $401,3432022Assets 2023: $4,429,005Liabilities 2023: $108,721Net Assets 2023: $4,320,2842023Assets 2024: $4,025,312Liabilities 2024: $83,598Net Assets 2024: $3,941,7142024

Highlighted filing

2023

Assets$4,429,005
Liabilities$108,721
Net Assets$4,320,284
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2022: $1,150,997Expenses 2022: $943,932Net Income 2022: $207,0652022Revenue 2023: $6,242,805Expenses 2023: $2,519,611Net Income 2023: $3,723,1942023Revenue 2024: $2,740,746Expenses 2024: $3,119,316Net Income 2024: -$378,5702024

Highlighted filing

2023

Revenue$6,242,805
Expenses$2,519,611
Net Income$3,723,194
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$6,242,805
Mission and Program Overview

Mission

The Initiative for Responsible Mining Assurance (IRMA)'s mission is to protect people and the environment directly affected by mining. IRMA's standard and audit system provides unprecedented transparency for mining operations, brings market recognition to mines demonstrating commitment to improving practices, and works to reduce impacts to the community and environment. We envision a world where the mining industry respects the human rights and aspirations of affected communities, provides safe, healthy and supportive workplaces, minimizes harm to the environment, and leaves positive legacies.

The Initiative for Responsible Mining Assurance (IRMA)'s mission is to protect people and the environment directly affected by mining. IRMA's standard and audit system provides unprecedented transparency for mining operations, brings market recognition to mines demonstrating commitment to improving practices, and works to reduce impacts to the community and environment. IRMA is the answer to a global demand for more socially and environmentally responsible mining. We envision a world where the mining industry respects the human rights and aspirations of affected communities, provides safe, healthy and supportive workplaces, minimizes harm to the environment, and leaves positive legacies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$626,215$2,637,938▲ $2,011,723
Accounts Receivable$62,131$1,769,672▲ $1,707,541
Prepaid Expenses and Deferred Charges$598$21,395▲ $20,797
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$688,944$4,429,005▲ $3,740,061
Other Assets Total-$0-
Liabilities
Other Liabilities$8,764$63,118▲ $54,354
Accounts Payable and Accrued Expenses$83,090$45,603▼ $37,487
Total Liabilities$91,854$108,721▲ $16,867
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$294,590$2,542,908▲ $2,248,318
Net Assets With Donor Restrictions$302,500$1,777,376▲ $1,474,876
Total Net Assets Fund Balance$597,090$4,320,284▲ $3,723,194
Total Liabilities and Net Assets / Fund Balance$688,944$4,429,005▲ $3,740,061
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aimee BoulangerExecutive DirectorFT$166,600$4,998$171,598
Meshack MbangulaDirector-$1,200-$1,200
Pavel SulyandzigaDirector-$1,200-$1,200

Board Members and Trustees

NameTitle
Jonathan SamuelCo-chair
Payal SampatCo-chair
Alan YoungDirector
Ashley Hamilton ClaxtonDirector
Claudia BeckerDirector
Grace BarrassoDirector
Jamie J Messner De LatourDirector
Jim WormingtonDirector
Meg GingrichDirector
Glen MpufaneSecretary
Jamie BonhamTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lisa SumiStd & Assurance Consult113 CHERRY ST 74985, Seattle, WA 98104$109,402
Revenue and Support

Revenue Composition

Contributions and Grants
$6,212,784
Program Service Revenue
$24,248
Investment Income
$5,773
Other Revenue
$0
All Other Contributions
$6,023,284
Change in Net Assets
$3,723,194

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,242,805
Total Revenue per Audited Statements
$6,242,805
Total Revenue per Form 990
$6,242,805
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,449,002
Salaries, Compensation, and Employee Benefits$1,070,609
Total Fundraising Expense$43,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$599,931$140,403$26,326$766,660
Fees for Services Other$761,540$1,150$216$762,906
Travel$164,298$6,786$1,273$172,357
Current Officers, Directors, Trustees, and Key Employees$132,769$30,510$5,721$169,000
Payroll Taxes$62,394$12,325$2,311$77,030
Fees for Services Legal$48,479$24,259$1,532$74,270
Other Employee Benefits$24,779$4,895$917$30,591
Pension Plan Contributions$22,136$4,372$820$27,328
Other Expenses$12,831$2,534$475$15,840
All Other Expenses$11,658$1,077$131$12,866
Fees for Services Accounting-$9,891-$9,891
Total Functional Expenses$2,150,318$325,605$43,688$2,519,611

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,519,611
Total Expenses per Audited Statements$2,519,611
Total Expenses per Form 990$2,519,611
International Activity

International Summary

Employees
11
Spending
$163,484

International Compliance

Foreign grant records maintained
No
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
EuropeConducting Board/staff Meeting-02$70,861
Sub-saharan AfricaConference Attendance-02$33,323
EuropeConference Attendance-02$24,444
South AmericaConference Attendance-01$17,839
East Asia and the PacificConference Attendance-00$15,137
North AmericaConference Attendance-04$1,880
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advances$35,000
Accrued Benefits Payable$28,118
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
No
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 A, Line 6

“IRMA members participate to shape the future of IRMAs Standard for Responsible Mining and related verification system as well as join in the advancement of a shared vision: a world where the mining industry respects the human rights and aspirations of affected communities, provides safe, healthy and supportive workplaces, minimizes harm to the environment, and leaves positive legacies. If a governing sectormining companies, downstream purchasers, NGOs, community organizations, organized labor, or finance/investmenthas more than five members, they elect a representative to fill one of the two Board seats for their sector. IRMA has an open application process for membership; applications are reviewed and approved by the Board of Directors.”

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

“Form 990 is reviewed and accepted by the board of directors.”

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

“The board of directors reviewed and updated the conflict of interest policy and enforced this policy by requesting that the board disclose any conflicts of interest, and reviewed and updated the policy.”

Form 990, Part VI, Section B, Line 15A

“The board executive committee conducted a review of the executive director's performance and compensation, and met in executive session to deliberate and determine executive director compensation.”

Form 990, Part VI, Section C, Line 19

“IRMA has made publicly available, via its website, its bylaws and conflict of interest policy.”

Filing and Contact Details

Filer

Filer Name
Initiative for Responsible Mining
EIN
84-1973536
Phone
3602308225
Address
113 CHERRY ST 74985, SEATTLE, WA 98104

Signing Officer

Name
Jamie Bonham
Title
Director
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Bonham
Formed
2017
Legal Domicile
Wa
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Gooding OHara & Mackey PS CPAs
Address
242 Taylor Street, Port Townsend, WA 98368
Preparer
NATHANAEL O'HARA
Phone
3603851040
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Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,429,005
Liabilities
$108,721
Net assets
$4,320,284
Revenue
$6,242,805
Expenses
$2,519,611
Net income
$3,723,194
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.03$0.08$3.94$2.74$3.12$0.38
2023Detailed filing. Detailed filing data is available for this year.$4.43$0.11$4.32$6.24$2.52$3.72
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.09$0.40$1.15$0.94$0.21