Nonprofit screen
Screen a listVerite Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$12Mrevenue
FY2024 · +14% in 3 yrs62staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−7.2%
Months of reserve1.3mo
Revenue growth (annualized)+5.7%
Middle half of peersMedianVerite
Where the money goes FY2024 · $13M spent
Programs$12M92%Management and general$984k8%Fundraising$26k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$692k in FY2022 and −$850k in FY2024. Cash covers 1.3 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI10funders
$319ka year, last 3 years
63%from its largest funder
Funder’17’18’19’20’21’22’23Humanity UnitedOn and off$385k$256k$226k$132k$32k$50kWal-Mart FoundationOn and off$600kLevi Strauss FoundationOn and off$81k$80kThe Freedom FundOn and off$115k$40kAvina Americas IncSince FY2021$36k$14k$102kThe Skoll FoundationOn and off$75k3 other fundersUp to $11k a year each$11k$28k$8k
Funded