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CHARITY REVIEW
Issued: April 2024 Expires: April 2026

Corporate Accountability

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(800) 688-8797
10 Milk Street, Suite 610
Boston, MA, 02108
https://www.corporateaccountability.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Corporate Accountability meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to educate people about the danger of life-threatening misconduct by transnational corporations in support of democratic institutions and a just society."

Year, State Incorporated:
1978, MN

Also Known As:
INFACT

Corporate Accountability (CA) reports that it works to identify, expose and halt corporate actions and reduce corporate influence over democratic institutions. The organization runs grassroots campaigns targeted at corporate actions and highlights breaches of corporate accountability to corporate shareholders, the board of directors, and senior leadership. CA also researches and distributes reports detailing corporate infractions on human rights, public health and the environment. The organization reports that it promotes general welfare in matters of corporate accountability affecting the health and lives of people in both developed and developing countries. CA states that it is also a member of a working group on childhood obesity, which has informed national policies on junk food marketing to kids in countries like Brazil and Chile.

For the year ended June 30, 2023, Corporate Accountability's program expenses were:

Program services $8,055,320
Total Program Expenses $8,055,320

Chief Executive
Patricia Lynn, Executive Director

Compensation*
$144,789

Chair of the Board
Akinbode Oluwafemi

Chair's Profession / Business Affiliation
Executive Director, Corporate Accountability and Public Participation Africa

Board Size
11

Paid Staff Size
45

*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Telemarketing

Fundraising costs were 5% of related contributions. (Related contributions, which totaled $8,019,013, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Corporate Accountability's audited financial statements for the year ended June 30, 2023.

Source of Funds
Other income $10,642
Contributions of financial assets $8,019,013
Total Income $8,029,655

Programs: 91% Fundraising: 4% Administrative: 5%

Total Income $8,029,655
Total expenses: $8,858,825
  Program expenses $8,055,320
  Fundraising expenses $394,285
  Administrative expenses $409,220
  Other expenses $0
Income in Excess of Expenses $-829,170
Beginning Net Assets $6,539,105
Other Changes In Net Assets $0
Ending Net Assets $5,709,935
Total Liabilities $2,439,811
Total Assets $8,149,746

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance