Totals
- Total revenue
- $3,326,303
- Total expenses
- $3,275,947
- Contributions and grants received
- $1,286,576
- Grants paid
- $0
- Program service revenue
- $1,966,851
- Investment income
- $68,155
- Other revenue
- $4,721
- Total assets, end of year
- $4,166,803
- Total liabilities, end of year
- $1,423,760
- Net assets or fund balances, end of year
- $2,743,043
- Program services expenses (Part IX)
- $2,645,872
- Management and general expenses
- $588,883
- Fundraising expenses
- $41,192
- Program service expenses (Part III)
- $2,645,872
Program services were 80.8% 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.
-
1e · Government grants (contributions)
$124,814
-
1f · All other contributions, gifts and grants
$1,161,762
-
2a · Program service revenue: Program Income
total $1,966,851 · related or exempt $1,966,851
-
3 · Investment income
total $68,155 · excluded $68,155
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Income
total $4,721 · related or exempt $4,721
-
11e · Other revenue, total
$4,721
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $667,164 · program services $567,089 · management and general $93,403 · fundraising $6,672
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,435,069 · program services $1,219,808 · management and general $200,911 · fundraising $14,350
-
8 · Pension plan contributions
total $117,529 · program services $99,900 · management and general $16,454 · fundraising $1,175
-
9 · Other employee benefits
total $65,583 · program services $55,745 · management and general $9,182 · fundraising $656
-
10 · Payroll taxes
total $196,253 · program services $166,815 · management and general $27,475 · fundraising $1,963
-
11a · Fees: management
total $14,010 · management and general $14,010
-
11b · Fees: legal
total $11,928 · management and general $11,928
-
11c · Fees: accounting
total $18,247 · management and general $18,247
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $10,500 · fundraising $10,500
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $78,734 · program services $6,580 · management and general $72,027 · fundraising $127
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $57,523 · program services $48,895 · management and general $8,053 · fundraising $575
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $68,746 · program services $29,218 · management and general $35,575 · fundraising $3,953
-
17 · Travel
total $151,748 · program services $146,686 · management and general $4,725 · fundraising $337
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $8,838 · management and general $7,954 · fundraising $884
-
23 · Insurance
total $0
-
24a · Other expenses: CONTRACT SERVICES
total $298,617 · program services $263,678 · management and general $34,939
-
24b · Other expenses: Workshops & meetings
total $41,458 · program services $41,458
-
24c · Other expenses: FELLOWSHIP EXPENSES
total $34,000 · management and general $34,000
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,814,355 · end of year $3,552,872
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $740,327 · end of year $540,734
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $12,261 · end of year $20,566
-
10a · Land, buildings and equipment: cost or other basis
$83,471
-
10b · Land, buildings and equipment: accumulated depreciation
$51,104
-
10c · Land, buildings and equipment, net
beginning of year $22,477 · end of year $32,367
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $20,264 · end of year $20,264
-
17 · Accounts payable and accrued expenses
beginning of year $143,958 · end of year $210,409
-
19 · Deferred revenue
beginning of year $773,039 · end of year $1,213,351
-
27 · Net assets without donor restrictions
beginning of year $2,692,687 · end of year $2,743,043
Mission and programs · 2023
Mission
At Shift, we have one purpose: to transform how business gets done in order to ensure respect for peoples lives and dignity. We believe that the best way to advance our mission is by working directly with Businesses to help shape their practices, culture and behavior and by working with Governments, Financial Institutions, civil society and other market actors to embed the right requirements and incentives into the frameworks within which business operates. Our work is based on the international standard of the UN Guiding Principles on Business and Human Rights.
Activities or mission (Part I)
Shift works across all continents and sectors to challenge assumptions, push boundaries and redefine corporate practice in order to build a world where business gets done with respect for peoples dignity. Our work is based on the international standard of the UN Guiding Principles on Business and Human Rights.
-
BUSINESS ENGAGEMENT THROUGH THIS PROGRAM, SHIFT WORKS WITH LEADING GLOBAL COMPANIES AT BOTH STRATEGIC AND OPERATIONAL LEVELS, HELPING THEM BUILD THE VISION, SYSTEMS AND CAPACITY THEY NEED TO IMPLEMENT THE UNGPS. WE ALSO WORK WITH INDUSTRY ASSOCIATIONS AND MULTISTAKEHOLDER INITIATIVES THAT SUPPORT IMPLEMENTATION OF THE UNGPS.
Expenses $1,254,841 · Revenue $1,515,919
-
Standards - Under this program, Shift advises intergovernmental organizations, reporting and other standard-setters, government ministries and regulatory agencies on how to integrate the UNGPs into the standards they set that drive business behavior.
Expenses $1,047,366 · Revenue $1,175,119
-
FINANCIAL INSTITUTIONS - THROUGH THIS PROGRAM, SHIFT WORKS WITH FINANCIAL INSTITUTIONS TO UNDERSTAND AND ADDRESS HUMAN RIGHTS CHALLENGES AND DEVELOP LEADING PRACTICES ALIGNED WITH THE UNGPS.
Expenses $343,665 · Revenue $332,689
As filed on the 2023 return.
Listed in Part VII
-
Caroline Rees
President & CEO
- Total calculated
- $243,053
- From this org
- $216,941
- From related orgs
- $0
- Other
- $26,112
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,941
- Bonus
- not reported
- Other
- not reported
- Deferred
- $10,847
- Nontaxable benefits
- $15,265
- Filer's total
- $243,053
-
Rachel Davis
Vice President
- Total calculated
- $175,428
- From this org
- $158,423
- From related orgs
- $0
- Other
- $17,005
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,423
- Bonus
- not reported
- Other
- not reported
- Deferred
- $17,005
- Nontaxable benefits
- not reported
- Filer's total
- $175,428
-
Cynthia Burns
COO
- Total calculated
- $160,205
- From this org
- $138,038
- From related orgs
- $0
- Other
- $22,167
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,038
- Bonus
- not reported
- Other
- not reported
- Deferred
- $6,902
- Nontaxable benefits
- $15,265
- Filer's total
- $160,205
-
Mark Hodge
Vice President
- Total calculated
- $155,096
- From this org
- $147,778
- From related orgs
- $0
- Other
- $7,318
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,778
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,318
- Nontaxable benefits
- not reported
- Filer's total
- $155,096
-
David Vermijs
Dir. Bus. Engmt
- Total calculated
- $138,273
- From this org
- $131,696
- From related orgs
- $0
- Other
- $6,577
- Hours/week
- 40
-
Ashleigh Owens
Deputy Director
- Total calculated
- $137,293
- From this org
- $130,756
- From related orgs
- $0
- Other
- $6,537
- Hours/week
- 40
-
Bob Dannhauser
Senior Advisor
- Total calculated
- $127,907
- From this org
- $107,278
- From related orgs
- $0
- Other
- $20,629
- Hours/week
- 40
-
Jenny Holdcroft
Deputy Director
- Total calculated
- $122,918
- From this org
- $112,353
- From related orgs
- $0
- Other
- $10,565
- Hours/week
- 40
-
Ruben Zandvliet
Deputy Director
- Total calculated
- $113,784
- From this org
- $108,367
- From related orgs
- $0
- Other
- $5,417
- Hours/week
- 40
-
Vania Maria da Costa Borgerth
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Paul Druckman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Prince Zeid Raad Al Hussein
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Sharath Martin
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ambet Yuson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Susanne Stormer
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Erika George
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Alexandra Haas
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
John Knox
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Maria Anne van Dijk
Trustee
- Total calculated
- $0
- Hours/week
- 1
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 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531479349301258
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