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Top Rated

Corporate Accountability

CharityWatch rating issued
July 2024

Top-Rated Charity
A
CharityWatch Rating
Our independent rating based
on a number of factors.
 
86%
Program Percentage
Amount spent on programs
relative to overhead.
 
$10
Cost to Raise $100
Amount spent to raise
$100 of contributions.
Ratings & Metrics

Contact Information

Corporate Accountability
10 Milk Street
Suite 610
Boston, MA 02108

Other Names

Corporate Accountability International
INFACT

Tax Status

501(c)3

Website

www.corporateaccountability.org

Stated Mission

Educating people about the dangers of life-threatening misconduct by transnational corporations in support of democratic institutions and a just society.

View similar charities

Ratings & Metrics

Learn more about Ratings & Metrics
Data based on Fiscal Year Ended 06/30/2023

Program Percentage: 86%

The percentage of Corporate Accountability's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$8,900,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $10

How many dollars Corporate Accountability spends on fundraising to raise each $100 of contributions.

$8,000,000

Calculated Total Contributions

(rounded)

Joint Costs

Corporate Accountability's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
91% $5
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
INFACT d/b/a Corporate Accountability Audited Financial Statements 41-1322686
INFACT d/b/a Corporate Accountability IRS Form 990 41-1322686
Entity: INFACT d/b/a Corporate Accountability
Document Type: Audited Financial Statements
Tax ID: 41-1322686
Entity: INFACT d/b/a Corporate Accountability
Document Type: IRS Form 990
Tax ID: 41-1322686

Governance & Transparency

Learn more about Governance & Transparency
CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Corporate Accountability
meets governance benchmarks.
 
Corporate Accountability
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

Top Salaries

Learn more about Top Salaries
  Name Title Compensation
1 Patricia Lynn Executive Director $146,732
1
Name: Patricia Lynn
Title: Executive Director
Compensation: $146,732

Analysts' Notes

Learn more about Analysts' Notes
CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the Corporate Accountability audit of June 30, 2023 (Note 4, Paycheck Protection Program Loan):

"In April 2021 and 2020, the Organization received Paycheck Protection Program ("PPP") loans from the Federal Government each in the amount of $1,400,500. The loans will be forgiven based upon the Organization using the proceeds on eligible expenses over a twenty-four-week period from the time that the loan is obtained. Eligible expenses include payroll and related benefits, utilities, and rent. In June 2021, the Small Business Administration (the "SBA"), acting on behalf of the Federal Government, forgave the entire first loan. In April 2022, the SBA only forgave $800,635 of the second PPP loan. AS a result, the remaining $599,865 became a four-year term loan with an interest rate of 1% per year. AS of June 30, 2023, the amount outstanding was $436,295"

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