Overview
What is B Team Headquarters Inc?
B Team Headquarters Inc is a non-profit organization, founded by a group of global business leaders, with a mission to catalyze a movement of business leaders advocating for a better approach to business that prioritizes human well-being and planet health. Based in New York City, the organization focuses on resetting leadership through dialogue and design mobilizations, promoting radical collaboration and cross-generational energy to co-create system-wide solutions for critical challenges facing our society and planet. Their efforts aim to drive diversity and inclusion at the highest levels of corporate America, catalyzing transformations on leading corporate boards. They also work on creating communities of courage, fostering new partnerships and alliances across geographies, while supporting and motivating existing communities of courage, providing opportunities for leaders to raise their ambitions for change within a community that supports them and their goals. The organization is committed to building a more diverse leader community, enriching their own B Team with intergenerational leaders who bring new perspectives and embrace the notion: "Nothing about us without us." They also focus on accelerating 'new leadership' storytelling, showcasing bold and brave leadership through the New Leadership Playbook, which offers leaders inspiration, tools, and opportunities for growth to support a growing movement. Lastly, B Team Headquarters Inc aims to contribute to a destination goal of 'Love Where We Work,' complementing 'Love Where We Live,' by focusing on workplace equality. Their initiatives strive to create a more harmonious work environment that values diversity, inclusivity, and equity. With a staff of 6 individuals, the organization embodies a dedicated workforce committed to driving positive change in the business world.
Official website here: www.bteam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
B Team Headquarters Inc has achieved an impressive rating of 97%, reflecting its strong performance in accountability and finance. This high score indicates a commitment to transparency and effective resource management, essential for building trust with donors and stakeholders. The organization has shown exemplary governance, with a fully independent board and robust audit practices.
The charity's financial health is robust, evidenced by a program expense ratio of 71.86%, which indicates that a significant portion of its funds is directed towards its mission-related programs. Additionally, its fundraising efficiency ratio is commendable at $0.04, highlighting the organization's effectiveness in raising funds relative to its costs. The low liabilities to assets ratio further underscores its financial stability.
While the organization demonstrates strong governance and financial management, it is important for potential donors to consider ongoing communications about its programs and impact to ensure their contributions are making a meaningful difference. Overall, B Team Headquarters Inc stands out as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is B Team Headquarters Inc legitimate?
B Team Headquarters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. B Team Headquarters Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,133,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $395,334
For more financial information, click here
Official website here: www.bteam.org
What is the mission statement of B Team Headquarters Inc?
The mission of B Team Headquarters Inc is to catalyze a movement of business leaders driving a better way of doing business for the wellbeing of people and the planet. They strive to achieve this by resetting leadership, designing mobilizations, and collaborating radically across generations to create system-wide solutions for crucial challenges that ensure a people and planet positive future. The organization also focuses on promoting diversity and inclusion at the top of corporate America, catalyzing transformations on leading corporate boards. They build communities of courage, explore new partnerships and alliances, and provide opportunities for leaders to raise their ambition for change. The B Team aims to enrich their own leader community with intergenerational leaders, embracing the notion of "nothing about us without us." Additionally, they contribute to the destination goal of 'love where we work,' complementing 'love where we live,' to focus on workplace equality.
Official website here: www.bteam.org
Who is the CEO of B Team Headquarters Inc?
Kate Ormiston Smith is the Board Chair of B Team Headquarters Inc. The CEO's salary of B Team Headquarters Inc is $544,346 and their total compensation is $571,346.
Official website here: www.bteam.org
What is the revenue of B Team Headquarters Inc?
B Team Headquarters Inc's revenue in 2022 was $4,215,060.
Official website here: www.bteam.org
Who are the executives of B Team Headquarters Inc and what are their salaries?
The average compensation at B Team Headquarters Inc during 2022 was $254,753. There are 6 employees and 9 volunteers at B Team Headquarters Inc.
Here are 16 key members and their salaries (B Team Headquarters Inc's CEO's salary is $544,346 and their total compensation is $571,346):
- Compensation: $0
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- Other: $0
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- Compensation: $544,346
- Related: $0
- Other: $27,000
- Compensation: $0
- Related: $157,047
- Other: $10,300
- Compensation: $223,234
- Related: $0
- Other: $32,022
- Compensation: $189,130
- Related: $0
- Other: $55,911
- Compensation: $114,346
- Related: $0
- Other: $10,817
- Compensation: $129,826
- Related: $0
- Other: $16,200
- Compensation: $102,206
- Related: $0
- Other: $42,555
Official website here: www.bteam.org
Where can I find the form 990 for B Team Headquarters Inc?
B Team Headquarters Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bteam.org
Learn more at the official website: www.bteam.org
Mission Statement of B Team Headquarters Inc
The B Team Headquarters Inc, a non-profit sustainability initiative spearheaded by global business leaders, is on a mission to catalyze a movement of business leaders driving a better approach to business for the benefit of people and the planet. This organization leads with humanity at its core, aspiring to reset leadership through dialogue and design mobilizations, fostering radical collaboration and cross-generational energy to co-create system-wide solutions to challenges crucial for a people and planet positive future.
The B Team Headquarters Inc aims to change who leads in order to change how, prioritizing diversity and inclusion at the top echelons of corporate America. They focus on catalyzing transformations on leading corporate boards, with a vision to create a more diverse leader community across geography, race, gender, and generations. The organization also seeks to build a more diverse leader community within their own organization, enriching their own B Team with intergenerational leaders who bring in new perspectives and embrace the saying: "nothing about us without us."
To accelerate the growth of this new leadership narrative, the B Team Headquarters Inc showcases bold and brave leadership through the New Leadership Playbook, offering leaders inspiration, tools, and opportunities for growth to support a growing movement. They contribute to a destination goal of 'Love Where We Work', complementing 'Love Where We Live,' to focus on workplace equality. The B Team Headquarters Inc plays a pivotal role in fostering a more inclusive and equitable corporate landscape.
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Impact
June, 2024
B Team Headquarters Inc is at the forefront of driving a movement of business leaders committed to a better way of doing business for the wellbeing of people and the planet. Through radical collaboration and cross-generational energy, they are spearheading initiatives to co-create system-wide solutions to challenges that are crucial for a positive future. By focusing on resetting leadership through dialogue and design mobilizations, they are driving diversity and inclusion at the highest levels of corporate America, catalyzing community courage, and building a more diverse leader community across geography, race, gender, and generations. Their efforts to accelerate 'new leadership' storytelling and promote workplace equality contribute significantly to the goal of creating a sustainable and inclusive work environment. The impact of B Team Headquarters Inc extends beyond corporate boardrooms, inspiring change and progress on a global scale.
This information is meant to be a general summary of B Team Headquarters Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,479
- Program Service Revenue: $107,720
- Gross Receipts: $4,215,060
Assets and Liabilities:
- Total Assets: $3,072,369
- Total Liabilities: $585,306
- Net Assets: $2,487,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$107,720
Organization Details
Founding Year
2013
Phone
(916) 385-7956Principal Officer
Kate Ormiston Smith
Main Address
115 FIFTH AVENUE 6FL, NEW YORK, NY, 10003
Website
www.bteam.orgNTEE Category
Code: C05 - Environment
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