Responsible Business Alliance Foundation
- Assets
- $1.7m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-4188445
Organization Overview
Responsible Business Alliance Foundation is located in Alexandria, VA. The organization was established in 2015. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Responsible Business Alliance Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Responsible Business Alliance Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $2.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FOUNDATION IS TO SUPPORT RBA'S CHARITABLE, SCIENTIFIC AND EDUCATIONAL ACTIVITIES BY IMPROVING THE PUBLIC'S ABILITY TO CONSIDER SOCIAL, ENVIRONMENTAL, AND ECONOMIC RESPONSIBILITY WITHIN SUPPLY CHAINS TO MAKE INFORMED CONSUMER DECISIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INITIAL AUDIT FUND: THE INITIAL AUDIT FUND IS A VOLUNTARY INCENTIVE MANAGED BY THE RESPONSIBLE MINERALS INITIATIVE (RMI) DESIGNED TO ENCOURAGE SMELTERS OR REFINERS (SORS) TO PARTICIPATE IN THE RESPONSIBLE MINERALS ASSURANCE PROCESS. THE FUND OFFERS SMELTERS AN INCENTIVE FOR PARTICIPATING IN THE RMAP BY FULLY PAYING FOR THE COSTS OF THEIR INITIAL AUDIT. ON NUMEROUS OCCASIONS, THE INITIAL AUDIT FUND HAS HELPED BRING A SMELTER OR REFINER INTO THE PROGRAM.
RESPONSIBLE RECRUITMENT: RBA FOUNDATION AIMS TO HELP BREAK THE CYCLE OF EXPLOITATION COMMON IN FOREIGN MIGRANT WORKER RECUITMENT AND EMPLOYMENT EXPERIENCES IN THE REGION BY TRANSFORMING THE MARKET FOR ETHICAL BUSINESS PRACTICES AND INCLUDING WORKERS THEMSELVES IN DEVELOPING SOLUTIONS TO ONGOING CHALLENGES.THE RBA FOUNDATION WILL WORK TO IMPLEMENT A SOLUTIONS-ORIENTED PROGRAM, INCLUDING PUBLICLY AVAILABLE EDUCATION AND INFORMATION, FOCUSING DOWNSTREAM TO DETECT AND ADDRESS FORCED LABOR. THE PROJECT WILL INCLUDE ADDITIONAL UPSTREAM WORK TO DEVELOP THE MATURITY OF LABOR AGENTS AND ETHICAL RECRUITMENT STANDARDS AND BETTER EDUCATE WORKERS AND FACTORY MANAGEMENT DIRECTLY.
PACT VOCATIONAL PROGRAM: THE RBA FOUNDATION IS CURRENTLY SUPPORTING A VOCATIONAL TRAINING PROGRAM LOCATED IN THE COBALT MINING COMMUNITIES IN THE DRC. SPECIFICALLY, THE PROGRAM IS OPERATING IN SIX COMMUNIITES AND PROVIDES VOCATIONAL SKILLS FOR AT RISK YOUTH TO PROVIDE AN ALTERNATIVE TO MINING, AND BREAK THE CYCLE OF POVERTY FOR RECIPENTS AND THEIR FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lederer CEO | Officer | 5 | $0 |
James Cardillo CFO | Officer | 5 | $0 |
Sue Slaughter Vice Chair | OfficerTrustee | 1 | $0 |
Kathleen Shaver Treasurer | OfficerTrustee | 1 | $0 |
Joan Motsinger Chair | OfficerTrustee | 1 | $0 |
Adam Schafer Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rcs Global Group Consulting | 12/30/23 | $165,000 |
Pact Consulting | 12/30/23 | $326,334 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $759,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $759,303 |
| Total Program Service Revenue | $1,456,379 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,215,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $468,252 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,726 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,479,264 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $47,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,198 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,024,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,019,038 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $699,758 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,718,796 |
| Accounts payable and accrued expenses | $54,100 |
| Grants payable | $0 |
| Deferred revenue | $286,663 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $456,368 |
| Total liabilities | $797,131 |
| Net assets without donor restrictions | $327,341 |
| Net assets with donor restrictions | $594,324 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,718,796 |