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Nonprofiteer
← BUSINESS FOR SOCIAL RESPONSIBILITY

Form 990 for tax year 2023

Filed by BUSINESS FOR SOCIAL RESPONSIBILITY.

Totals

Total revenue
$41,646,136
Total expenses
$39,628,825
Contributions and grants received
$7,704,693
Grants paid
$0
Program service revenue
$33,927,182
Investment income
$13,203
Other revenue
$1,058
Total assets, end of year
$34,779,429
Total liabilities, end of year
$16,934,315
Net assets or fund balances, end of year
$17,845,114
Program services expenses (Part IX)
$28,600,069
Management and general expenses
$11,028,756
Fundraising expenses
$0
Program service expenses (Part III)
$28,600,069

Program services were 72.2% 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

    $7,704,693

  • 2a · Program service revenue: CONSULTING REVENUE

    total $24,257,949 · related or exempt $24,257,949

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $9,116,614 · related or exempt $9,116,614

  • 2c · Program service revenue: CONTRACT SERVICES

    total $552,619 · related or exempt $552,619

  • 3 · Investment income

    total $13,203 · excluded $13,203

  • 11a · Other revenue: OTHER INCOME

    total $1,058 · excluded $1,058

  • 11e · Other revenue, total

    $1,058

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,639,173 · management and general $1,639,173

  • 7 · Other salaries and wages

    total $20,848,992 · program services $17,537,929 · management and general $3,311,063

  • 8 · Pension plan contributions

    total $808,710 · program services $490,351 · management and general $318,359

  • 9 · Other employee benefits

    total $2,434,683 · program services $1,843,453 · management and general $591,230

  • 10 · Payroll taxes

    total $3,240,519 · program services $2,544,756 · management and general $695,763

  • 11a · Fees: management

    total $4,538,137 · program services $4,220,018 · management and general $318,119

  • 11b · Fees: legal

    total $200,599 · program services $66,670 · management and general $133,929

  • 11c · Fees: accounting

    total $247,494 · program services $41,064 · management and general $206,430

  • 12 · Advertising and promotion

    total $53,605 · program services $36,551 · management and general $17,054

  • 13 · Office expenses

    total $252,057 · program services $88,505 · management and general $163,552

  • 14 · Information technology

    total $1,088,166 · program services $44,064 · management and general $1,044,102

  • 16 · Occupancy

    total $1,560,179 · program services $98,865 · management and general $1,461,314

  • 17 · Travel

    total $1,135,559 · program services $1,095,509 · management and general $40,050

  • 19 · Conferences, conventions and meetings

    total $323,094 · program services $291,014 · management and general $32,080

  • 22 · Depreciation, depletion and amortization

    total $213,653 · management and general $213,653

  • 23 · Insurance

    total $180,189 · program services $185 · management and general $180,004

  • 24a · Other expenses: TAXES & FEES

    total $484,013 · program services $24,547 · management and general $459,466

  • 24b · Other expenses: RECRUITING/DEVELOPMENT

    total $280,732 · program services $123,371 · management and general $157,361

  • 24c · Other expenses: MISCELLANEOUS

    total $54,437 · program services $8,449 · management and general $45,988

  • 24d · Other expenses: PRODUCTION

    total $44,834 · program services $44,768 · management and general $66

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,284,973 · end of year $15,558,996

  • 2 · Savings and temporary cash investments

    beginning of year $181,615 · end of year $343,417

  • 3 · Pledges and grants receivable

    beginning of year $7,273,059 · end of year $7,763,185

  • 4 · Accounts receivable

    beginning of year $5,811,062 · end of year $5,250,463

  • 7 · Other notes and loans receivable

    beginning of year $519 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $330,509 · end of year $519,627

  • 10a · Land, buildings and equipment: cost or other basis

    $1,813,959

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,556,511

  • 10c · Land, buildings and equipment, net

    beginning of year $379,525 · end of year $257,448

  • 15 · Other assets

    beginning of year $5,174,497 · end of year $5,086,293

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,117,927 · end of year $725,677

  • 19 · Deferred revenue

    beginning of year $8,718,324 · end of year $12,296,212

  • 25 · Other liabilities

    beginning of year $4,762,357 · end of year $3,912,426

  • 27 · Net assets without donor restrictions

    beginning of year $5,158,431 · end of year $5,876,513

  • 28 · Net assets with donor restrictions

    beginning of year $10,678,720 · end of year $11,968,601

Mission and programs · 2023

Mission

BSR IS A GLOBAL NONPROFIT ORGANIZATION THAT WORKS WITH ITS NETWORK OF MORE THAN 300 MEMBER COMPANIES TO BUILD A JUST AND SUSTAINABLE WORLD. FROM ITS OFFICES IN ASIA, EUROPE, AND NORTH AND SOUTH AMERICA, BSR DEVELOPS SUSTAINABLE BUSINESS STRATEGIES AND SOLUTIONS.

Activities or mission (Part I)

TO WORK WITH BUSINESS TO CREATE A JUST AND SUSTAINABLE WORLD.

  • HER PROJECTBSR'S HERPROJECT IS A COLLABORATIVE INITIATIVE THAT STRIVES TO EMPOWER LOW-INCOME WOMEN WORKING IN GLOBAL SUPPLY CHAINS. BRINGING TOGETHER GLOBAL BRANDS, THEIR SUPPLIERS, AND LOCAL NGOS, HERPROJECT DRIVES IMPACT FOR WOMEN AND BUSINESS VIA WORKPLACE-BASED INTERVENTIONS ON HEALTH, FINANCIAL INCLUSION, AND GENDER EQUALITY. SINCE ITS INCEPTION IN 2007, HERPROJECT HAS WORKED IN MORE THAN 1,000 WORKPLACES ACROSS 17 COUNTRIES AND HAS INCREASED THE WELL-BEING, CONFIDENCE, AND ECONOMIC POTENTIAL OF MORE THAN 1,225,000 WOMEN AND 775,000 MEN.

    Expenses $3,017,367 · Revenue $2,437,332

  • HUMAN RIGHTSWE DRAW ON A TEAM OF NEARLY 20 HUMAN RIGHTS EXPERTS AND A NETWORK OF PARTNERS FROM BUSINESS AND CIVIL SOCIETY TO TACKLE GLOBAL CHALLENGES AND HELP COMPANIES IN ALL SECTORS MEET AND EXCEED GLOBAL HUMAN RIGHTS STANDARDS. OUR WORK INCLUDES SURVEYING AND BENCHMARKING HUMAN RIGHTS PRACTICES AND POLICIES ACROSS INDUSTRIES TO AID OUR MEMBER COMPANIES' EFFORTS TO CRAFT COMPREHENSIVE, RESPONSIBLE APPROACHES TO HUMAN RIGHTS.

    Expenses $2,671,787 · Revenue $9,328,076

  • SUSTAINABILITY MANAGEMENTWE DRAW ON 25 YEARS OF EXPERIENCE WORKING WITH COMPANIES AND THEIR STAKEHOLDERS ACROSS DIFFERENT INDUSTRIES AND GEOGRAPHIES. WE CAN:-WORK WITH COMPANIES TO DESIGN AND IMPLEMENT SUSTAINABILITY STRATEGIES AND INCORPORATE SUSTAINABILITY INTO CORE CORPORATE STRATEGY.-ADVISE ON MORE EFFECTIVE AND IMPACTFUL REPORTING APPROACHES.-HELP COMPANIES UNDERSTAND AND ENGAGE STAKEHOLDERS AND BUILD TRUST, BOTH AT THE CORPORATE LEVEL AND IN SPECIFIC GEOGRAPHIES OR SERVICE AREAS.-ADVISE COMPANIES ON A RAFT OF NEW ETHICS AND TRANSPARENCY CHALLENGES AND HELP BUILD ORGANIZATIONAL CULTURES WHERE INTEGRITY AND SUSTAINABILITY ARE CORE CONSIDERATIONS.

    Expenses $2,414,761 · Revenue $7,738,514

  • CLIMATE CHANGETO FULFILL THE PARIS AGREEMENT'S VISION OF A NET-ZERO GREENHOUSE GAS EMISSIONS ECONOMY BY 2050, WE WORK WITH COMPANIES TO DELIVER 1.5C-ALIGNED CLIMATE GOALS, TRANSFORM THEIR VALUE CHAINS, MANAGE CLIMATE RISKS, AND ADVANCE CLIMATE JUSTICE. WE TAILOR OUR WORK TO THE SPECIFIC NEEDS OF EACH COMPANY AND INDUSTRY. WE'LL HELP YOUR BUSINESS ALIGN WITH THE 1.5C AMBITION AND TAKE CREDIBLE ACTION THROUGH A VARIETY OF OFFERINGS, INCLUDING:-SUPPLY CHAIN (SCOPE 3) STRATEGY AND IMPLEMENTATION, INCLUDING SUPPLIER ENGAGEMENT AND COMMODITIES DECARBONIZATION-NET-ZERO/SCIENCE-BASED FEASIBILITY, GOAL SETTING, TRANSFORMATION STRATEGY AND ROADMAPS-CLIMATE SCENARIO ANALYSIS ALIGNMENT WITH TCFD THROUGH INTEGRATION OF CLIMATE RISKS INTO RISK MANAGEMENT, CLIMATE JUSTICE STRATEGY, STAKEHOLDER ENGAGEMENT, AND PARTNERSHIP DEVELOPMENT-CLIMATE INVESTMENT BEYOND THE VALUE CHAIN, INCLUDING CARBON CREDITS AND CLIMATE INVESTMENT STRATEGY-CLIMATE RISK MANAGEMENTEQUITY, INCLUSION, AND JUSTICE (EIJ)BSR HELPS COMPANIES TO BUILD A MORE EQUITABLE WORLD THROUGH SOCIALLY JUST BUSINESS PRACTICES. USING AN EQUITY-FIRST APPROACH, SPECIFIC TO THE UNIQUE NEEDS OF EACH INDUSTRY, BSR WILL WORK WITH YOU TO IMPLEMENT AND DRIVE EQUITABLE PROCESSES AND OUTCOMES, INCREASE ACCESS TO OPPORTUNITY, AND EXPAND PARTICIPATION ACROSS THE BUSINESS ECOSYSTEM. OUR OFFERINGS INCLUDE: LONG-TERM STRATEGIC ROADMAPS TO ADVANCE CHANGE THROUGHOUT THE VALUE CHAIN DETAILED ASSESSMENTS FOCUSED ON EQUITY AND INCLUSION IN GLOBAL AND REGIONAL CONTEXTS FOCUSED STRATEGIES FOR SPECIFIC ISSUES INCLUDING WOMEN'S EMPOWERMENT, LGBTIQ+ RIGHTS, ECONOMIC INCLUSION, AND ACCESS, AMONG OTHER CRITICAL EQUITY PRIORITIES. BRINGING BUSINESS TOGETHER WITH PEERS AND OTHER STAKEHOLDERS TO WORK COLLABORATIVELY TO ADDRESS HIGH-IMPACT ISSUES, EXPLORE EXISTING AND NEW PRACTICES, MOVE IDEAS INTO ACTIONS, AND TO SCALE AND REPLICATE WHAT WORKS.

    Expenses $20,496,154 · Revenue $14,423,260

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Aron Cramer

    PRESIDENT & CEO

    Total calculated
    $594,692
    From this org
    $539,396
    From related orgs
    $0
    Other
    $55,296
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $444,443
    Bonus
    $94,953
    Other
    $0
    Deferred
    $9,900
    Nontaxable benefits
    $45,396
    Filer's total
    $594,692

  • Alessandro Carlucci

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Adam Werbach

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Geralyn Ritter

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kate Brandt

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Laurence Pessez

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Pek Siok Lan

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rose Stuckey Kirk

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Susan Mac Cormac

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Laura S Gitman - Coo

    (THROUGH 04/23), CIO (EFF. 05/23)

    Total calculated
    $413,546
    From this org
    $358,000
    From related orgs
    $0
    Other
    $55,546
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $303,337
    Bonus
    $54,663
    Other
    $0
    Deferred
    $9,900
    Nontaxable benefits
    $45,646
    Filer's total
    $413,546

  • Mike Zeitouny

    CFO

    Total calculated
    $398,702
    From this org
    $359,331
    From related orgs
    $0
    Other
    $39,371
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $305,833
    Bonus
    $53,498
    Other
    $0
    Deferred
    $9,900
    Nontaxable benefits
    $29,471
    Filer's total
    $398,702

  • Matthew Welch

    COO (AS OF 05/23)

    Total calculated
    $232,234
    From this org
    $223,180
    From related orgs
    $0
    Other
    $9,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,180
    Bonus
    $0
    Other
    $0
    Deferred
    $5,920
    Nontaxable benefits
    $3,134
    Filer's total
    $232,234

  • Dunstan Hope

    VICE PRESIDENT

    Total calculated
    $339,788
    From this org
    $313,447
    From related orgs
    $0
    Other
    $26,341
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,110
    Bonus
    $38,337
    Other
    $0
    Deferred
    $9,440
    Nontaxable benefits
    $16,901
    Filer's total
    $339,788

  • David Wei - Managing Dir

    CLIMATE & NATURE

    Total calculated
    $277,946
    From this org
    $214,644
    From related orgs
    $0
    Other
    $63,302
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,137
    Bonus
    $17,507
    Other
    $0
    Deferred
    $6,807
    Nontaxable benefits
    $56,495
    Filer's total
    $277,946

  • David E Stearns - Managing

    DIRECTOR, MARKETING & COMMUNICATION

    Total calculated
    $267,108
    From this org
    $243,770
    From related orgs
    $0
    Other
    $23,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,924
    Bonus
    $14,846
    Other
    $0
    Deferred
    $7,337
    Nontaxable benefits
    $16,001
    Filer's total
    $267,108

  • Jenny Vaughan - Managing Dir

    HUMAN RIGHTS

    Total calculated
    $264,625
    From this org
    $215,566
    From related orgs
    $0
    Other
    $49,059
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,343
    Bonus
    $15,223
    Other
    $0
    Deferred
    $6,463
    Nontaxable benefits
    $42,596
    Filer's total
    $264,625

  • Jennifer Stark - Co-Director

    CENTER FOR BUSINESS & SOC. JUSTICE

    Total calculated
    $236,268
    From this org
    $229,290
    From related orgs
    $0
    Other
    $6,978
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,290
    Bonus
    $0
    Other
    $0
    Deferred
    $6,882
    Nontaxable benefits
    $96
    Filer's total
    $236,268

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BUSINESS FOR SOCIAL RESPONSIBILITY - FRANCE

    SUSTAINABLE BUSINESS NETWORK & CONSULTING · FR · income $149,486 · assets $1,549,234

    Directly controlled by BUSINESS FOR SOCIAL RESPONSIBILITY

  • BUSINESS FOR SOCIAL RESPONSIBILITY - DENMARK

    SUSTAINABLE BUSINESS NETWORK & CONSULTING · DA · income -$122,253 · assets $272,120

    Directly controlled by BUSINESS FOR SOCIAL RESPONSIBILITY

  • BUSINESS FOR SOCIAL RESPONSIBILITY - CHINA

    SUSTAINABLE BUSINESS NETWORK & CONSULTING · CH · income -$421,026 · assets $92,283

    Directly controlled by BUSINESS FOR SOCIAL RESPONSIBILITY

  • BSR PTE LTD

    SUSTAINABLE BUSINESS NETWORK & CONSULTING · SN · income -$103,292 · assets $222,219

    Directly controlled by BUSINESS FOR SOCIAL RESPONSIBILITY

Related corporations and trusts

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

  • BUSINESS FOR SOCIAL RESPONSIBILITY - JAPAN

    C · SUSTAINABLE BUSINESS NETWORK & CONSULTING · JA · 100% owned · share of income $28,777 · share of assets $1,007,298 · controlled entity

    Directly controlled by BUSINESS FOR SOCIAL RESPONSIBILITY

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202423199349304992

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