Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
20 people listed on the 990; $2.2M paid to officers and key staff.
Mandy Rambharos’s $399K as Chief Executive Officer is at the 81st percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| David Antonioli | — | $148,882 | $475,183 | $376,365 | $345,272 | $337,593 |
| Judith Simon | — | $421,247 | $337,453 | — | — | — |
| Mandy Rambharos | $398,878 | $152,093 | — | — | — | — |
| Anil Vinayak | $335,139 | $205,704 | — | — | — | — |
| Joseph Dellorfano | $328,846 | $269,043 | — | — | — | — |
| William Ferretti | — | $159,951 | $320,731 | $270,735 | $223,699 | $255,595 |
| Farhan Ahmed | — | $313,800 | $233,167 | — | — | — |
| Toby Janson-Smith | — | $307,128 | $286,010 | $271,841 | $244,389 | $228,941 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Develops standards to help countries and businesses achieve sustainable development and climate goals.
Questions for Verra
Your first name shows with your question. Verra answers here, for everyone.
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Vcs 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.
Innovations
Developing new methodologies, tools, program updates and other innovations to enable the VCS and other Verra programs meet emerging needs and opportunities.
Plastics Waste Reduction Program
The Plastic Waste Reduction Program (Plastic Program) provides the means for consistent accounting, independent auditing and crediting of new or scaled-up waste collection and recycling projects.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $47.6M | $53.4M |
| Land, buildings, equipmentLn 10c | $583K | $474K |
| Total assetsLn 16 | $50.5M | $57.8M |
| LiabilitiesLn 26 | $4.0M | $5.1M |
| Net assetsLn 32 | $46.5M | $52.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $84K | $84K | ||
| Grants and assistance to foreign recipientsLn 3 | $84K | $84K | ||
| Pay of current officers, directors and key staffLn 5 | $1.6M | $835K | $728K | |
| Other salaries and wagesLn 7 | $9.1M | $4.9M | $4.2M | |
| Pension plan contributionsLn 8 | $471K | $272K | $199K | |
| Other employee benefitsLn 9 | $1.8M | $1.0M | $749K | |
| Payroll taxesLn 10 | $464K | $265K | $199K | |
| Legal feesLn 11b | $991K | $6K | $985K | |
| Accounting feesLn 11c | $16K | $16K | ||
| Other fees for servicesLn 11g | $6.2M | $5.0M | $1.3M | |
| Office expensesLn 13 | $2.2M | $7K | $2.2M | |
| Information technologyLn 14 | $355K | $229K | $126K | |
| OccupancyLn 16 | $252K | $252K | ||
| TravelLn 17 | $921K | $159K | $762K | |
| Conferences, conventions and meetingsLn 19 | $690K | $16K | $674K | |
| Depreciation, depletion and amortizationLn 22 | $268K | $268K | ||
| InsuranceLn 23 | $151K | $151K | ||
| Other expenses (24a–d)Ln 24 | $658K | $5.3M | −$4.6M | |
| Total functional expensesLn 25 | $26.3M | $18.1M | $8.2M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $30.6M | $31.6M | −$957K | $23.0M | 990 PDF |
| FY2024 | $27.8M | $47.1M | −$19.4M | $24.0M | 990 PDF |
| FY2023 | $29.8M | $39.1M | −$9.3M | $43.4M | 990 PDF |
| FY2022 Viewing | $32.4M | $26.3M | $6.2M | $52.7M | 990 PDF |
| FY2021 | $40.5M | $17.6M | $22.9M | $46.5M | 990 PDF |
| FY2020 | $20.8M | $9.8M | $11.0M | $23.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $32,424,242 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $32,424,242 across 6 lines filed
Part IX · Statement of functional expenses $26,257,089 across 18 lines filed
Part X · Balance sheet $57,769,889 assets, 14 lines filed
Part XI · Reconciliation of net assets $52,667,481 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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