Responsible Business Alliance Foun… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

5718585720

Tax Period

2024-01-01 to 2024-12-31

Responsible Business Alliance Foundation, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $599K, a strong 50% operating margin.

Mission

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. The Foundation is recognized as a Section 501(c)(3) tax-exempt organization and therefore may receive tax-deductible charitable contributions from individuals and corporations. These contributions enable RBA and the Foundation to leverage opportunities for public funding to develop and implement special programs, research projects, tools and other initiatives for public benefit, in the area of responsible mineral sourcing.

Program Service Accomplishments

Program 1

Expenses: $373,448

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...

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.

Program 2

Expenses: $78,000 Revenue: $100,000

Better Mining Cobalt Program's purpose is to support the continuation of the better mining program in the democratic republic of Congo which collects and analyzes digital responsible sourcing data on mine sites and translates this data into quantifiable improvements on and around those sites.

Program 3

Expenses: $61,425 Revenue: $83,470

Other various Program Service Activities

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $969,572

Program Service Revenue $222,720

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,192,292

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $555,643

Other Expenses $568,223

TOTAL EXPENSES $593,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,192,292	$2,215,682	-0.5%
Expenses	$593,223	$2,024,810	-0.7%
Net Income	$599,069	$190,872	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,032,842

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Lederer	CEO	5.00	Officer	$0	$62,014	$690,090
James Cardillo	CFO (Former)	5.00	Officer	$0	$6,518	$171,408
Charlotte Atkinson	CFO	5.00	Officer	$0	$10,927	$171,344
Joel Eurich	Chairman	1.00	Officer Director	$0	$0	$0
Mary Wrotten	Treasurer	1.00	Officer Director	$0	$0	$0
Nadine Philipp	Board Member	1.00	Director	$0	$0	$0
Kris Clark	Board Member	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,192,292	$593,223	$1,785,384	$599,069
2023	$2,215,682	$2,024,810	$1,718,796	$190,872
2022	$1,476,728	$1,220,628	$1,773,617	$256,100
2021	$1,733,955	$1,620,822	$1,775,206	$113,133
2020	$2,009,769	$2,100,861	$1,987,801	$-91,092
2019	$1,192,387	$1,147,565	$1,482,178	$44,822
2018	$888,807	$936,637	$1,570,239	$-47,830

Responsible Business Alliance Foundation