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Nonprofiteer
← TRANSPARENTEM LTD

Form 990 for tax year 2023

Filed by TRANSPARENTEM LTD.

Totals

Total revenue
$3,613,747
Total expenses
$2,888,153
Contributions and grants received
$3,601,989
Grants paid
$0
Program service revenue
$0
Investment income
$12
Other revenue
$11,746
Total assets, end of year
$1,488,930
Total liabilities, end of year
$117,415
Net assets or fund balances, end of year
$1,371,515
Program services expenses (Part IX)
$1,857,811
Management and general expenses
$598,225
Fundraising expenses
$432,117
Program service expenses (Part III)
$1,857,811

Program services were 64.3% 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

    $3,601,989

  • 3 · Investment income

    total $12 · excluded $12

  • 11a · Other revenue: REIMBURSEMENTS

    total $6,739 · excluded $6,739

  • 11b · Other revenue: CREDIT CARD POINTS

    total $5,007 · excluded $5,007

  • 11e · Other revenue, total

    $11,746

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $119,467 · program services $82,127 · management and general $14,702 · fundraising $22,638

  • 7 · Other salaries and wages

    total $1,442,611 · program services $988,872 · management and general $178,503 · fundraising $275,236

  • 8 · Pension plan contributions

    total $51,705 · program services $35,166 · management and general $5,583 · fundraising $10,956

  • 9 · Other employee benefits

    total $169,516 · program services $119,533 · management and general $20,776 · fundraising $29,207

  • 10 · Payroll taxes

    total $123,782 · program services $84,382 · management and general $13,830 · fundraising $25,570

  • 11b · Fees: legal

    total $129,282 · program services $10,898 · management and general $113,138 · fundraising $5,246

  • 11c · Fees: accounting

    total $95,547 · program services $8,053 · management and general $83,617 · fundraising $3,877

  • 11g · Fees: other

    total $419,620 · program services $384,682 · management and general $33,830 · fundraising $1,108

  • 12 · Advertising and promotion

    total $10,281 · program services $866 · management and general $8,996 · fundraising $419

  • 13 · Office expenses

    total $29,190 · program services $9,099 · management and general $19,419 · fundraising $672

  • 14 · Information technology

    total $5,551 · program services $1,317 · management and general $2,869 · fundraising $1,365

  • 16 · Occupancy

    total $23,471 · program services $16,208 · management and general $2,839 · fundraising $4,424

  • 17 · Travel

    total $110,909 · program services $71,573 · management and general $7,445 · fundraising $31,891

  • 19 · Conferences, conventions and meetings

    total $1,645 · program services $944 · management and general $300 · fundraising $401

  • 22 · Depreciation, depletion and amortization

    total $2,202 · management and general $2,202

  • 23 · Insurance

    total $56,837 · program services $38,960 · management and general $7,033 · fundraising $10,844

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $70,114 · program services $4,457 · management and general $58,146 · fundraising $7,511

  • 24b · Other expenses: STAFF DEVELOPMENT

    total $22,843 · program services $575 · management and general $22,268

  • 24c · Other expenses: LICENSES AND REGISTRATI

    total $1,228 · management and general $524 · fundraising $704

  • 24d · Other expenses: RECRUITMENT

    total $1,177 · program services $99 · management and general $1,030 · fundraising $48

  • 24e · All other expenses

    total $1,175 · management and general $1,175

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $147,049 · end of year $153,652

  • 2 · Savings and temporary cash investments

    beginning of year $184,996 · end of year $2,198

  • 3 · Pledges and grants receivable

    beginning of year $344,524 · end of year $1,300,366

  • 9 · Prepaid expenses and deferred charges

    beginning of year $65,684 · end of year $24,860

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

    $86,017

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

    $78,469

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $7,548

  • 15 · Other assets

    beginning of year $12,644 · end of year $306

  • 17 · Accounts payable and accrued expenses

    beginning of year $108,976 · end of year $117,415

  • 27 · Net assets without donor restrictions

    beginning of year $483,365 · end of year $1,117,339

  • 28 · Net assets with donor restrictions

    beginning of year $162,556 · end of year $254,176

Mission and programs · 2023

Mission

TRANSPARENTEM TRANSFORMS INDUSTRIES BY ALLYING WITH WORKERS AND COMMUNITIES TO UNCOVER ABUSES IN GLOBAL SUPPLY CHAINS AND DRIVE LABOR AND ENVIRONMENTAL JUSTICE.

  • TRANSPARENTEM USES ITS INVESTIGATIVE MODEL TO REVEAL HUMAN RIGHTS AND ENVIRONMENTAL ABUSES AROUND THE WORLD. OUR WORK HAS LED TO CONCRETE IMPROVEMENTS BY PROMPTING REMEDIATION OF ENDEMIC ISSUES IN SUPPLY CHAINS, INCLUDING ENVIRONMENTAL DEGRADATION, FORCED LABOR, CHILD LABOR, AND OTHER FORMS OF EXPLOITATION. THROUGH OUR INNOVATIVE APPROACH TO COMPANY ENGAGEMENT, OUR WORK HAS RESULTED IN THE REIMBURSEMENT OF MILLIONS IN RECRUITMENT-RELATED FEES, THE RETURN OF WITHHELD PASSPORTS, EXPANDED ACCESS TO GRIEVANCE CHANNELS, AND IMPROVED LIVING AND WORKING CONDITIONS. TRANSPARENTEM DRIVES SYSTEMS CHANGE THROUGH ENGAGING WITH REGULATORY AUTHORITIES; CATALYZING PRECEDENT-SETTING, CORPORATE COMMITMENTS; AND DRIVING COMPANIES TO IMPROVE POLICY AND PRACTICE THROUGHOUT GLOBAL SUPPLY CHAINS.

    Expenses $1,857,811

As filed on the 2023 return.

Listed in Part VII

  • Emily Martinez

    CO-CHAIR UNTIL JUNE 2023

    Total calculated
    $0
    Hours/week
    1
  • Dan Viederman Co-Chair

    UNTIL JUNE 2023, THEN CHAIR

    Total calculated
    $0
    Hours/week
    1
  • M Kyle Wright

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Neha Misra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Aruna Kashyap

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniel Elkes

    DIRECTOR AS OF JUNE 2023

    Total calculated
    $0
    Hours/week
    1
  • E Benjamin Skinner

    PRESIDENT

    Total calculated
    $119,467
    From this org
    $102,272
    From related orgs
    $0
    Other
    $17,195
    Hours/week
    40
  • Andrew Korfhage Dir Of

    STRAT. ENGAGEMENT UNTIL SEPT. 2023

    Total calculated
    $141,168
    From this org
    $128,003
    From related orgs
    $0
    Other
    $13,165
    Hours/week
    40
  • Samantha Rudick

    PROGRAM MANAGER

    Total calculated
    $129,847
    From this org
    $112,180
    From related orgs
    $0
    Other
    $17,667
    Hours/week
    40
  • Jonathan Mead Director Of

    ENVIRONMENTAL INVESTIGATIONS

    Total calculated
    $148,582
    From this org
    $131,888
    From related orgs
    $0
    Other
    $16,694
    Hours/week
    40
  • Sheela Ahluwalia

    DIRECTOR OF LABOR INVESTIGATIONS

    Total calculated
    $155,489
    From this org
    $125,652
    From related orgs
    $0
    Other
    $29,837
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,652
    Bonus
    $0
    Other
    $0
    Deferred
    $5,425
    Nontaxable benefits
    $24,412
    Filer's total
    $155,489
  • Allenisheo Lalanath De Silva

    MANAGING DIRECTOR

    Total calculated
    $203,486
    From this org
    $173,183
    From related orgs
    $0
    Other
    $30,303
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,183
    Bonus
    $0
    Other
    $0
    Deferred
    $7,400
    Nontaxable benefits
    $22,903
    Filer's total
    $203,486

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 committee
  • 3 · Form 990 of other organizations
  • 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.

  • APPLIED RESEARCH SERVICES LLC

    PROCESSING CONTRACTOR TRANSACTIONS · DE · assets $23,479

    Directly controlled by TRANSPARENTEM

Provenance

Return type
form_990
Tax year
2023
Filed
1 November 2024
IRS schema version
2023v5.1
Source object
202413109349300446

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