Worldwide Responsible Accredited Production
- Assets
- $3.5m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Arlington, VA
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 54-1970034
Organization Overview
Worldwide Responsible Accredited Production is located in Arlington, VA. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Worldwide Responsible Accredited Production employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worldwide Responsible Accredited Production is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Worldwide Responsible Accredited Production generated $4.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $5.0m during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023, THE ORGANIZATION CERTIFIED 3,369 FACILITIES IN 43 COUNTRIES AND CONDUCTED 57 TRAINING COURSES FOR 1,162 ATTENDEES WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avedis Seferian President & CEO (see Sch. O) | OfficerTrustee | 40 | $299,427 |
Holly Wise Chairperson (see Sch. O) | OfficerTrustee | 3 | $8,000 |
Michael Gilson Vice Chair (see Sch. O) | OfficerTrustee | 3 | $8,000 |
Susan Calvert Secretary (see Sch. O) | OfficerTrustee | 3 | $8,000 |
Margaret Blair Treasurer (see Sch. O) | OfficerTrustee | 3 | $8,000 |
Francisco Fuentes Audit Chair (see Sch. O) | Trustee | 3 | $8,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kt Ramakrishnan Contractor Services | 12/30/23 | $115,560 |
Invenio Partners Corp Computer Systems | 12/30/23 | $115,057 |
Pivot 88 Computer Systems | 12/30/23 | $107,640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,707,837 |
| Investment income | $36,371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,744,208 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $890,291 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,272,279 |
| Pension plan accruals and contributions | $19,921 |
| Other employee benefits | $277,293 |
| Payroll taxes | $111,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,159 |
| Fees for services: Accounting | $130,328 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $701,177 |
| Advertising and promotion | $0 |
| Office expenses | $98,967 |
| Information technology | $274,586 |
| Royalties | $0 |
| Occupancy | $234,171 |
| Travel | $633,933 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $139,714 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,537 |
| Insurance | $26,517 |
| All other expenses | $0 |
| Total functional expenses | $4,978,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $684,961 |
| Savings and temporary cash investments | $516,044 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $158,443 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $78,998 |
| Net Land, buildings, and equipment | $184,428 |
| Investments—publicly traded securities | $1,084,806 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $826,817 |
| Total assets | $3,534,497 |
| Accounts payable and accrued expenses | $375,348 |
| Grants payable | $0 |
| Deferred revenue | $32,912 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $923,397 |
| Total liabilities | $1,331,657 |
| Net assets without donor restrictions | $2,202,840 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,534,497 |