Skip to content
Nonprofiteer
← B TEAM HEADQUARTERS INC

Form 990 for tax year 2024

Filed by B TEAM HEADQUARTERS INC.

Totals

Total revenue
$3,601,499
Total expenses
$3,567,586
Contributions and grants received
$3,546,103
Grants paid
$0
Program service revenue
$6,850
Investment income
$48,546
Other revenue
$0
Total assets, end of year
$2,357,219
Total liabilities, end of year
$195,531
Net assets or fund balances, end of year
$2,161,688
Program services expenses (Part IX)
$2,815,841
Management and general expenses
$606,103
Fundraising expenses
$145,642
Program service expenses (Part III)
$2,815,841

Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,546,103

  • 2a · Program service revenue: PROGRAM SERVICE INCOME

    total $6,850 · related or exempt $6,850

  • 3 · Investment income

    total $48,546 · excluded $48,546

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $764,968 · program services $658,121 · management and general $74,818 · fundraising $32,029

  • 7 · Other salaries and wages

    total $415,860 · program services $357,774 · management and general $40,674 · fundraising $17,412

  • 8 · Pension plan contributions

    total $23,941 · program services $20,597 · management and general $2,342 · fundraising $1,002

  • 9 · Other employee benefits

    total $99,648 · program services $85,730 · management and general $9,746 · fundraising $4,172

  • 10 · Payroll taxes

    total $77,526 · program services $66,698 · management and general $7,582 · fundraising $3,246

  • 11b · Fees: legal

    total $2,264 · management and general $2,264

  • 11c · Fees: accounting

    total $18,670 · management and general $18,670

  • 11g · Fees: other

    total $24,961 · program services $23,661 · management and general $1,300

  • 13 · Office expenses

    total $37,772 · program services $1,746 · management and general $35,629 · fundraising $397

  • 16 · Occupancy

    total $2,859 · management and general $2,859

  • 17 · Travel

    total $31,084 · program services $26,781 · management and general $2,708 · fundraising $1,595

  • 21 · Payments to affiliates

    total $1,725,524 · program services $1,303,435 · management and general $337,736 · fundraising $84,353

  • 23 · Insurance

    total $23,904 · management and general $23,904

  • 24a · Other expenses: PRODUCTION & DESIGN

    total $171,505 · program services $170,752 · management and general $753

  • 24b · Other expenses: EVENT, TRAVEL & PRODUCT

    total $102,140 · program services $100,546 · management and general $1,019 · fundraising $575

  • 24c · Other expenses: RECRUITMENT & TRAINING

    total $44,960 · management and general $44,099 · fundraising $861

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $959,624 · end of year $1,594,969

  • 2 · Savings and temporary cash investments

    beginning of year $613,382

  • 3 · Pledges and grants receivable

    beginning of year $12,690

  • 4 · Accounts receivable

    beginning of year $204,192 · end of year $3,773

  • 9 · Prepaid expenses and deferred charges

    beginning of year $25,850 · end of year $44,569

  • 15 · Other assets

    beginning of year $544,987 · end of year $713,908

  • 17 · Accounts payable and accrued expenses

    beginning of year $132,350 · end of year $28,531

  • 19 · Deferred revenue

    beginning of year $100,600 · end of year $167,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,127,775 · end of year $2,161,688

Mission and programs · 2024

Mission

THE B TEAM IS A GROUP OF BUSINESS AND CIVIL SOCIETY LEADERS COMMITTED TO A BETTER WAY OF DOING BUSINESS - ONE THAT PRIORITIZES PEOPLE AND PLANET. B TEAM LEADERS NOT ONLY TAKE ACTION WITHIN THEIR COMPANIES AND ORGANIZATIONS, BUT TOGETHER THEY CHAMPION BETTER BUSINESS POLICY, BUILD CROSS-SECTOR PARTNERSHIPS, AND SHIFT CORPORATE NORMS TO MEET TODAY'S MOST PRESSING GLOBAL CHALLENGES.

Activities or mission (Part I)

A NON PROFIT SUSTAINABILITY INITIATIVE FORMED BY A GLOBAL GROUP OF BUSINESS LEADERS.

  • OUR WORK FOCUSES ON SHIFTING CORPORATE PRACTICES IN SUPPORT OF A FAIRER AND MORE PEOPLE-CENTERED ECONOMY, AND PROMOTING POLICIES THAT INCENTIVIZE SUSTAINABLE BUSINESS PRACTICE. WE SUPPORTED COMPANIES TO ALIGN THEIR CLIMATE AND NATURE GOALS WITH SCIENCE-BASED TARGETS, PROTECT HUMAN RIGHTS AND IMPLEMENT SMARTER GOVERNANCE THROUGH RESPONSIBLE TAX PRACTICE AND DISCLOSURE. WE WORK IN PARTNERSHIP WITH A RANGE OF STAKEHOLDERS ACROSS THE PUBLIC AND PRIVATE SECTORS, WITH AN AIM TO UNLOCK MORE COLLABORATIVE CROSS-SECTOR INITIATIVES.

    Expenses $2,815,841 · Revenue $6,850

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jesper Brodin

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Ester Baiget

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Andre Hoffmann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Arianna Huffington

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Axa Suez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Hiro Mizuno

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Isabelle Kocher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jacqueline Novogratz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jean Oelwang

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joseph Kenner

    BOARD MEMBER (FORMER)

    Total calculated
    $0
    Hours/week
    1
  • Leah Seligmann

    CHIEF EXECUTIVE OFFICER (FROM 10/24)

    Total calculated
    $373,201
    From this org
    $323,411
    From related orgs
    $0
    Other
    $49,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $292,536
    Bonus
    $30,875
    Other
    $0
    Deferred
    $16,787
    Nontaxable benefits
    $33,003
    Filer's total
    $373,201
  • Halla Tomasdottir

    CHIEF EXECUTIVE OFFICER (UNTIL 6/24)

    Total calculated
    $391,767
    From this org
    $345,170
    From related orgs
    $0
    Other
    $46,597
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,767
    Bonus
    $107,800
    Other
    $22,603
    Deferred
    $10,302
    Nontaxable benefits
    $36,295
    Filer's total
    $391,767
  • Kate Ormiston Smith

    SECRETARY

    Total calculated
    $179,415
    From this org
    $0
    From related orgs
    $172,645
    Other
    $6,770
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $0 + $172,645 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $6,770 related
    Filer's total
    $0 + $179,415 related
  • Chris Moffo

    HEAD OF MESSAGING STRATEGY

    Total calculated
    $175,135
    From this org
    $156,450
    From related orgs
    $0
    Other
    $18,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,450
    Bonus
    $0
    Other
    $0
    Deferred
    $3,692
    Nontaxable benefits
    $14,993
    Filer's total
    $175,135
  • Esha Mufti

    HEAD OF STRATEGY

    Total calculated
    $204,202
    From this org
    $159,438
    From related orgs
    $0
    Other
    $44,764
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,938
    Bonus
    $6,000
    Other
    $1,500
    Deferred
    $3,976
    Nontaxable benefits
    $40,788
    Filer's total
    $204,202
  • Charlotte Burson

    HEAD OF DEVELOPMENT

    Total calculated
    $172,665
    From this org
    $121,267
    From related orgs
    $0
    Other
    $51,398
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $113,767
    Bonus
    $6,000
    Other
    $1,500
    Deferred
    $6,314
    Nontaxable benefits
    $45,084
    Filer's total
    $172,665

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
DURING THE REPORTED PERIOD, PERFORMANCE BONUSES WAS PROVIDED TO CERTAIN EMPLOYEES, AS INCLUDED IN PART II, COLUMN (B)(II) OF SCHEDULE J.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE B TEAM HEADQUARTERS GERMANY GGMBH

    AFFILIATE SERVICES · GM · controlled entity

    Directly controlled by B TEAM HEADQUARTERS

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • THE B TEAM HEADQUARTERS UK LIMITED

    C · AFFILIATE SERVICES · UK · 100% owned

    Directly controlled by THE B TEAM HEADQUARTERS UK LIMITED

Provenance

Return type
form_990
Tax year
2024
Filed
24 July 2025
IRS schema version
2024v5.2
Source object
202522059349301527

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.