VERRA: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- VERRA (EIN 27-0566795)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-07-11
- IRS object ID
- 201901929349301220
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-07-11T14:17:26-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582676261 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rogers & Company PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 Boone Boulevard Suite 600 | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22182 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 270566795 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Verra | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VERR | BusinessNameControlTxt |
| Phone | 2024802282 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Thomas Circle NW No 1050 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William M Ferretti | PersonNm |
| Person Title | COO and CFO | PersonTitleTxt |
| Phone | 2024802282 | PhoneNum |
| Signature | 2019-07-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lori A Collingsworth | PreparerPersonNm |
| PTIN | P00639819 | PTIN |
| Phone | 7038930300 | PhoneNum |
| Preparation | 2019-07-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 129.213.51.162 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-07-11 | IPDt |
| IP Tm | 15:15:09 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5757F712A8161F6F3964D64EA127352BD3BB441C | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4E34592AB1F6423AB9D06C25827E64500E8BEDD1 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | David Antonioli | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Thomas Circle NW No 1050 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,977,882 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://verra.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | Verra develops and manages standards that help countries, the private sector and civil society achieve their sustainable development and climate action goals. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 25 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $7,095 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,581,157 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,637,655 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,842,729 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,334,009 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,488 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,218 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,235 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,428,609 | PYTotalRevenueAmt |
| CY Total Revenue | $6,977,882 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $108,454 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $193,099 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,192,768 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,351,513 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,037,789 | PYOtherExpensesAmt |
| CY Other Expenses | $2,466,777 | CYOtherExpensesAmt |
| PY Total Expenses | $4,339,011 | PYTotalExpensesAmt |
| CY Total Expenses | $5,011,389 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,089,598 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,966,493 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,418,138 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,050,475 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $824,362 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,490,206 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,593,776 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,560,269 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Verra develops and manages standards that help countries, the private sector and civil society achieve their sustainable development and climate action goals. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,765,318 | ExpenseAmt |
| Revenue | $4,456,067 | RevenueAmt |
| Desc | VCS Program: The world's most widely used Greenhouse Gas (GHG) program, the VCS Program certifies GHG emission reduction projects according to a rigorous set of rules and requirements that ensure the environmental integrity of those projects. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,075,468 | ExpenseAmt |
| Grant | $193,099 | GrantAmt |
| Desc | Landscape Standard: The Landscape Standard (LS) is a shared initiative of the Climate, Community and Biodiversity Alliance, the Rainforest Alliance and Verra. The LS is an emerging tool to help drive landscape-scale sustainability. It will provide measurable indicators of the state and trajectory of sustainability at the landscape level across environmental, social, and economic dimensions. This landscape level application sets the LS apart from other sustainability standards, complementing sustainability efforts that target individual production sites, activities or sectors. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $562,104 | ExpenseAmt |
| Desc | Initiative for Climate Action Transparency (ICAT): Currently in development, ICAT will provide policymakers around the world with tools and support to measure and assess the impacts of their climate actions. Working initially with 20 developing countries, ICAT aims to help governments build capacity to measure the effects of their policies and report progress publicly. This will foster greater transparency, effectiveness, trust and ambition in climate policies worldwide. The initiative will improve the availability and quality of data and enable countries to promote efficient, cost-effective policies. ICAT will also provide a platform for countries to share lessons learned and build mutual confidence in their climate actions. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $104,952 | $877,342 | CCB Program:The Climate Community and Biodiversity (CCB) Standards program certifies projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity. The CCB Standards are often used in conjunction with VCS Program-certified land management projects, including reforestation, afforestation, vegetation, forest restoration, agroforestry and sustainable agriculture projects. |
| $89,937 | SDVISta Program: The Sustainable Development Verified Impact Standard (SD VISta) is a flexible framework for assessing and reporting on the sustainable development benefits of project-based activities, helping unlock new sources of finance to support and scale up high-impact efforts. | |
| $33,051 | $600 | California Offset Project Registry Program: The Verra-California Offset Project Registry supports the State of California's pioneering emissions trading program. Verra has been approved by the California Air Resources Board to operate an Offset Project Registry which facilitates the listing, reporting, and verification of offset projects developed under the regulations of the State's emissions trading program. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $227,940 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $877,942 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $3,630,830 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 25 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024802282 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Thomas Circle NW No 1050 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| John Drexhage | |||||||
| Chair | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Marc Stuart | |||||||
| Vice-Chair | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Dirk Forrister | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Nathaniel Keohane | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ken Markowitz | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Kenber | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Anne-Marie Warris | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Tao Yun | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Kenber | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mandy Rambharos | |||||||
| Board Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David Antonioli | |||||||
| Chief Executive Officer | 40.00 | Yes (X) | $306,544 | $0 | $20,441 | ||
| William Ferretti | |||||||
| Chief Operating and Financial Officer | 40.00 | Yes (X) | $182,843 | $0 | $10,110 | ||
| Toby Janson-Smith | |||||||
| Chief Innovation Officer | 40.00 | $167,350 | $0 | $11,342 | Yes (X) | ||
| Naomi Swickard | |||||||
| Director, Land-Based Frameworks | 40.00 | $135,927 | $0 | $5,347 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $792,664 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $47,240 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|
| Climate Focus | ||||||||
| 1730 Rhode Island Avenue NW Ste 60 | Washington | DC | 20036 | Methodology Compensation | $306,262 | |||
| Rainforest Alliance | ||||||||
| 233 Broadway 28th Floor | New York | NY | 10279 | Subcontract | $241,572 | |||
| World Resources Institute | ||||||||
| 10 G Street NE Suite 800 | Washington | DC | 20002 | Subcontract | $192,084 | |||
| Nature Conservation Research Center-NCRC | ||||||||
| Subcontract | $151,614 | PO Box KN925 | KaneshieAccra | GH | ||||
| Markit | ||||||||
| 450 W 33rd St 5th Floor | New York | NY | 10001 | Methodology Compensation | $100,600 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $10,000 | GovernmentGrantsAmt |
| All Other Contributions | $1,627,655 | AllOtherContributionsAmt |
| Total Contributions | $1,637,655 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| VCU and CCB levies | 900099 | $5,013,095 | $5,013,095 |
| CCB verification/validation fees | 900099 | $260,389 | $260,389 |
| VVB annual fees | 900099 | $59,925 | $59,925 |
| California Offset Registry | 900099 | $600 | $600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,334,009 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,218 | TotalRevenueColumnAmt |
| Exclusion | $6,218 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,977,882 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,334,009 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,218 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,099 | TotalAmt |
| Program Services | $193,099 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,939 | TotalAmt |
| Program Services | $344,996 | ProgramServicesAmt |
| Management And General | $174,943 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,468,542 | TotalAmt |
| Program Services | $974,426 | ProgramServicesAmt |
| Management And General | $494,116 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,753 | TotalAmt |
| Program Services | $72,294 | ProgramServicesAmt |
| Management And General | $5,459 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,184 | TotalAmt |
| Program Services | $102,642 | ProgramServicesAmt |
| Management And General | $50,542 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,095 | TotalAmt |
| Program Services | $95,942 | ProgramServicesAmt |
| Management And General | $36,153 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,360 | TotalAmt |
| Program Services | $38,770 | ProgramServicesAmt |
| Management And General | $57,590 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,770 | TotalAmt |
| Management And General | $155,770 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,415,764 | TotalAmt |
| Program Services | $1,389,219 | ProgramServicesAmt |
| Management And General | $26,545 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,908 | TotalAmt |
| Program Services | $115,786 | ProgramServicesAmt |
| Management And General | $26,122 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,708 | TotalAmt |
| Program Services | $101,500 | ProgramServicesAmt |
| Management And General | $60,208 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,287 | TotalAmt |
| Program Services | $23,509 | ProgramServicesAmt |
| Management And General | $147,778 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,497 | TotalAmt |
| Program Services | $116,933 | ProgramServicesAmt |
| Management And General | $32,564 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,817 | TotalAmt |
| Program Services | $61,178 | ProgramServicesAmt |
| Management And General | $22,639 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,414 | TotalAmt |
| Management And General | $45,414 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,113 | TotalAmt |
| Management And General | $37,113 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Membership dues | Desc |
| Total | $8,139 | TotalAmt |
| Program Services | $536 | ProgramServicesAmt |
| Management And General | $7,603 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,011,389 | TotalAmt |
| Program Services | $3,630,830 | ProgramServicesAmt |
| Management And General | $1,380,559 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,954,919 | BOYAmt |
| EOY | $3,714,783 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,113,462 | BOYAmt |
| EOY | $1,824,616 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $447,738 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $963,510 | BOYAmt |
| EOY | $783,037 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,574 | BOYAmt |
| EOY | $117,949 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $178,196 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $117,325 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,564 | BOYAmt |
| EOY | $60,871 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,109 | BOYAmt |
| EOY | $101,481 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,418,138 | BOYAmt |
| EOY | $7,050,475 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $487,691 | BOYAmt |
| EOY | $860,782 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,067 | BOYAmt |
| EOY | $512,256 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,604 | BOYAmt |
| EOY | $117,168 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $824,362 | BOYAmt |
| EOY | $1,490,206 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,593,776 | BOYAmt |
| EOY | $5,560,269 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,593,776 | BOYAmt |
| EOY | $5,560,269 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,418,138 | BOYAmt |
| EOY | $7,050,475 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,966,493 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $335,376 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $855,173 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,290,699 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,581,157 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,637,655 | CurrentTaxYearAmt |
| Total | $5,700,060 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,860,530 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,216,439 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,289,405 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,842,729 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,334,009 | CurrentTaxYearAmt |
| Total | $16,543,112 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $2,445 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,235 | CurrentTaxYearMinus1YearAmt |
| Total | $4,680 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,195,906 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,071,612 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,582,549 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,426,121 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,971,664 | CurrentTaxYearAmt |
| Total | $22,247,852 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $254,269 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $34,978 | CurrentTaxYearMinus2YearsAmt |
| Total | $289,247 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $546,178 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $507,294 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $529,195 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,044,216 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,195,259 | CurrentTaxYearAmt |
| Total | $5,822,142 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $546,178 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $761,563 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $564,173 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,044,216 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,195,259 | CurrentTaxYearAmt |
| Total | $6,111,389 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $16,136,463 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,194 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,590 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,488 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,218 | CurrentTaxYearAmt |
| Total | $13,490 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,194 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,590 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,488 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,218 | CurrentTaxYearAmt |
| Total | $13,490 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,197,906 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,072,806 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,584,139 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,428,609 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,977,882 | CurrentTaxYearAmt |
| Total | $22,261,342 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.72490 | PublicSupportCY509Pct |
| Public Support PY509 | 0.73680 | PublicSupportPY509Pct |
| Investment Income CY | 0.00060 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00040 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,412 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,895 | DepreciationAmt |
| Book Value | $8,517 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $69,747 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,872 | DepreciationAmt |
| Book Value | $30,875 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,037 | OtherCostOrOtherBasisAmt |
| Depreciation | $69,558 | DepreciationAmt |
| Book Value | $21,479 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $60,871 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred compensation liabilities | $101,481 |
| Deferred rent | $15,687 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $117,168 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,977,882 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,977,882 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,977,882 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,011,389 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,011,389 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,011,389 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | Management has evaluated Verra's tax positions and concluded that the Organization's consolidated financial statements do not include any uncertain tax positions. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium | 0 | 2 | Program Services | Develop Transport Pricing, Renewable Energy and Effeciency Guidance under ICAT | $44,120 |
| Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, | 0 | 0 | Grants to Recipients Located in Region | $127,719 | |
| Central America and the Caribbean | 0 | 0 | Grants to Recipients Located in Region | $47,288 | |
| Europe (Including Iceland & Greenland) | 0 | 0 | Grants to Recipients Located in Region | $18,092 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 2 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Subtotal Spent | $237,219 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $237,219 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, | Addressing REDD+ through Landscape-Scale Sustainable Commodity Production Models | $127,719 | Wire | $0 | N/A | N/A |
| Central America and the Caribbean | Addressing REDD+ through Landscape-Scale Sustainable Commodity Production Models | $22,787 | Wire | $0 | N/A | N/A |
| Europe (Including Iceland & Greenland) | Addressing REDD+ through Landscape-Scale Sustainable Commodity Production Models | $19,092 | Wire | $0 | N/A | N/A |
| Central America and the Caribbean | Addressing REDD+ through Landscape-Scale Sustainable Commodity Production Models | $24,501 | Wire | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 4 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | VERRA collects all receipts from the sub grantees for expenses reported. An audit is required at the end of the grant and several trainings have taken place to ensure proper accounting and documentation of grant expenses. |
| Part I, line 3: | Foreign expenditures are directly tracked and accounted for on the accrual method of accounting used for books. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David Antonioli | ||||||||||||||
| Chief Executive Officer | $302,160 | $0 | $0 | $0 | $4,384 | $0 | $18,942 | $0 | $1,499 | $0 | $326,985 | $0 | $0 | $0 |
| William Ferretti | ||||||||||||||
| Chief Operating and Financial Office | $182,843 | $0 | $0 | $0 | $0 | $0 | $9,382 | $0 | $728 | $0 | $192,953 | $0 | $0 | $0 |
| Toby Janson-Smith | ||||||||||||||
| Chief Innovation Officer | $167,350 | $0 | $0 | $0 | $0 | $0 | $9,575 | $0 | $1,767 | $0 | $178,692 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, line 2 | Verra recently launched the Sustainable Development Verified Impact Standard (SD VISta for short), which will help drive finance to projects that demonstrate sustainable development benefits. SD VISta is a flexible framework for assessing and reporting on the sustainable development benefits of project-based activities, helping unlock new sources of finance to support and scale up high-impact efforts. |
| Form 990, Part VI, Section A, line 4 | On April 18, 2018, the Organization filed Amended and Restated Articles of Incorporation with the District of Columbia changing the Organization's name from Verified Carbon Standard Association to Verra. This change has been reported to the IRS. |
| Form 990, Part VI, Section B, line 11b | Form 990 is prepared by an outside CPA firm, which is reviewed in detail by CEO. Then a copy of Form 990 is electronically provided to the Audit Committee prior to signing and filing with the IRS. |
| Form 990, Part VI, Section B, line 12c | The Conflict of Interest policy was reviewed and signed by Board Members at the Organization's Board Meeting in February of 2018. It was distributed electronically to any board members that were unable to attend. |
| Form 990, Part VI, Section B, line 15 | The salary and bonus for the CEO is determined by the Board. The general frame for other officers or key employee salary adjustments, bonuses and any changes in fringe benefits are decided by the Board upon proposals by the CEO. The CEO is responsible for final decisions regarding all individual salary levels, salary adjustments and bonus allocations. |
| Form 990, Part VI, Section C, line 19 | The Organization's governing documents and financial statements are available to the public upon request. |
| Form 990, Part IX, line 11g | Program Consultants and Contractors: Program service expenses 865,873. Management and general expenses 12,769. Fundraising expenses 0. Total expenses 878,642. Methodology Developers: Program service expenses 519,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 519,585. Other consultants and professional fees: Program service expenses 3,761. Management and general expenses 13,776. Fundraising expenses 0. Total expenses 17,537. |
| Form 990, Part XII, Line 2c: | The Organization's Audit Committee is responsible for the oversight of the audit. The Audit Committee recommends an independent accountant to conduct the audit and the Board approves. The process is consistent with previous years. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Voluntary Carbon Standard Association | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 24 Rue Merle dAubigne | AddressLine1Txt |
| City | Geneva | CityNm |
| Country | SZ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Dormant | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | SZ | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Verified Carbon Standard | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule R, Part II, Columns (d) and (e) | FormAndLineReferenceDesc |
| Explanation | Voluntary Carbon Standard Association-Switzerland is registered under Article 56g of the Swiss Civil Code and is recognized as an exempt association. | ExplanationTxt |
Comments