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Nonprofiteer
← B TEAM HEADQUARTERS INC

Form 990 for tax year 2023

Filed by B TEAM HEADQUARTERS INC.

Totals

Total revenue
$3,566,107
Total expenses
$3,925,395
Contributions and grants received
$3,510,976
Grants paid
$0
Program service revenue
$4,609
Investment income
$50,522
Other revenue
$0
Total assets, end of year
$2,360,725
Total liabilities, end of year
$232,950
Net assets or fund balances, end of year
$2,127,775
Program services expenses (Part IX)
$2,826,682
Management and general expenses
$893,102
Fundraising expenses
$205,611
Program service expenses (Part III)
$2,826,682

Program services were 72.0% 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

    $3,510,976

  • 1g · Noncash contributions included above

    $4,200

  • 2a · Program service revenue: PROGRAM SERVICE INCOME

    total $4,609 · related or exempt $4,609

  • 3 · Investment income

    total $50,522 · excluded $50,522

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,137,793 · program services $872,573 · management and general $202,138 · fundraising $63,082

  • 7 · Other salaries and wages

    total $454,686 · program services $347,768 · management and general $81,462 · fundraising $25,456

  • 8 · Pension plan contributions

    total $18,153 · program services $14,150 · management and general $3,057 · fundraising $946

  • 9 · Other employee benefits

    total $49,827 · program services $38,839 · management and general $8,393 · fundraising $2,595

  • 10 · Payroll taxes

    total $87,644 · program services $68,316 · management and general $14,761 · fundraising $4,567

  • 11c · Fees: accounting

    total $29,135 · program services $4,320 · management and general $24,815

  • 11d · Fees: lobbying

    total $768 · management and general $768

  • 11g · Fees: other

    total $152,241 · program services $150,284 · management and general $1,957

  • 13 · Office expenses

    total $64,465 · program services $10,984 · management and general $45,316 · fundraising $8,165

  • 16 · Occupancy

    total $4,141 · management and general $4,141

  • 21 · Payments to affiliates

    total $1,577,573 · program services $1,044,239 · management and general $436,860 · fundraising $96,474

  • 23 · Insurance

    total $19,204 · management and general $19,204

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

    total $206,590 · program services $189,859 · management and general $16,271 · fundraising $460

  • 24b · Other expenses: TRAVEL AND MEETINGS

    total $61,229 · program services $31,269 · management and general $26,094 · fundraising $3,866

  • 24c · Other expenses: PRODUCTION & DESIGN

    total $54,374 · program services $54,081 · management and general $293

  • 24d · Other expenses: RECRUITMENT & TRAINING

    total $7,572 · management and general $7,572

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $808,905 · end of year $959,624

  • 2 · Savings and temporary cash investments

    beginning of year $2,156,387 · end of year $613,382

  • 3 · Pledges and grants receivable

    beginning of year $2,590 · end of year $12,690

  • 4 · Accounts receivable

    end of year $204,192

  • 9 · Prepaid expenses and deferred charges

    beginning of year $104,487 · end of year $25,850

  • 15 · Other assets

    beginning of year $0 · end of year $544,987

  • 17 · Accounts payable and accrued expenses

    beginning of year $154,084 · end of year $132,350

  • 19 · Deferred revenue

    beginning of year $431,222 · end of year $100,600

  • 27 · Net assets without donor restrictions

    beginning of year $2,487,063 · end of year $2,127,775

Mission and programs · 2023

Mission

TO CATALYZE A MOVEMENT OF BUSINESS LEADERS DRIVING A BETTER WAY OF DOING BUSINESS FOR THE WELLBEING OF PEOPLE AND THE PLANET.

Activities or mission (Part I)

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

  • LEAD 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.

    Expenses $1,292,964

  • LOVE WHERE WE LIVE - OUR OVERARCHING AND FOUNDATIONAL ORGANIZATIONAL OBJECTIVE IS TO DELIVER A JUST AND INCLUSIVE TRANSITION TO A NET-ZERO ECONOMY BY 2050 - IN ORDER TO CREATE A WORLD WHERE WE CAN ALL LOVE WHERE WE LIVE. THIS INCLUDES MEETING THE GOALS OF THE PARIS CLIMATE AGREEMENT AND AGREEING A NEW GLOBAL BIODIVERSITY FRAMEWORK. TO DO SO, WE NEED TO TACKLE THE CLIMATE, NATURE AND INEQUALITY CRISES TOGETHER.

    Expenses $684,855

  • RIGHT 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.

    Expenses $848,863

  • OTHER GENERAL PROGRAMMATIC EXPENSES.

As filed on the 2023 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
  • 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
  • Torben Moger Pederson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joseph Kenner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Halla Tomasdottir

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $617,870
    From this org
    $554,219
    From related orgs
    $0
    Other
    $63,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $442,510
    Bonus
    $92,400
    Other
    $19,309
    Deferred
    $9,150
    Nontaxable benefits
    $54,501
    Filer's total
    $617,870
  • Kate Ormiston Smith

    SECRETARY

    Total calculated
    $137,363
    From this org
    $0
    From related orgs
    $128,854
    Other
    $8,509
    Hours/week
    40
  • Leah Seligmann

    CAMPAIGNS LEAD

    Total calculated
    $262,270
    From this org
    $229,441
    From related orgs
    $0
    Other
    $32,829
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,441
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $32,829
    Filer's total
    $262,270
  • Nadine Apelian Dobbs

    COMMUNICATIONS AND STORYTE

    Total calculated
    $257,652
    From this org
    $194,888
    From related orgs
    $0
    Other
    $62,764
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,888
    Bonus
    $0
    Other
    $0
    Deferred
    $3,124
    Nontaxable benefits
    $59,640
    Filer's total
    $257,652
  • Charlotte Burson

    HEAD OF DEVELOPMENT

    Total calculated
    $151,293
    From this org
    $104,289
    From related orgs
    $0
    Other
    $47,004
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $102,884
    Bonus
    $0
    Other
    $1,405
    Deferred
    $2,163
    Nontaxable benefits
    $44,841
    Filer's total
    $151,293
  • Chris Moffo

    HEAD OF MESSAGING STRATEGY

    Total calculated
    $155,046
    From this org
    $134,717
    From related orgs
    $0
    Other
    $20,329
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,542
    Bonus
    $0
    Other
    $1,175
    Deferred
    $4,063
    Nontaxable benefits
    $16,266
    Filer's total
    $155,046
  • Esha Mufti

    HEAD OF ADVOCACY

    Total calculated
    $168,151
    From this org
    $147,760
    From related orgs
    $0
    Other
    $20,391
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,260
    Bonus
    $0
    Other
    $1,500
    Deferred
    $3,255
    Nontaxable benefits
    $17,136
    Filer's total
    $168,151

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
2023
Filed
15 July 2024
IRS schema version
2023v5.1
Source object
202431979349302773

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