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CERES INC

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Public IRS 990 nonprofit record

CERES INC

EIN 22-3053747 · Environment (C010)

What they do

CERES is A NONPROFIT ADVOCACY ORGANIZATION WORKING to ACCELERATE THE TRANSITION to A CLEANER, MORE JUST, and RESILIENT WORLD. THROUGH EDUCATION and RESEARCH, WE MAKE THE BUSINESS CASE for ACTION ON THE MOST PRESSING SUSTAINABILITY CHALLENGES FACING OUR ECONOMY TODAY: CLIMATE CHANGE, WATER SCARCITY and POLLUTION, and NATURE and BIODIVERSITY LOSS. WITH DATA-DRIVEN RESEARCH and EXPERT ANALYSIS, WE INSPIRE INVESTORS and COMPANIES to ACT ON THESE GLOBAL CHALLENGES and ADVOCATE for MARKET and POLICY SOLUTIONS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $83.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.96%of revenue went to mission work83.2% of expenses · Program services
7.18%of revenue went to fundraising6.6% of expenses
$131.75spent for every $100 of revenueSpending was higher than revenue this year.
11.00%of revenue went to management and office costs10.2% of expenses
$0.79in assets for every $1 spent this yearSome assets cannot be spent right away.
108.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $10,663,791 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $352,687 for MINDY LUBBER (CEO AND PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$40,920,450
Mission workProgram services$36,811,21489.96% of revenue83.2% of expenses
ManagementOffice and general costs$4,503,06611.00% of revenue10.2% of expenses
FundraisingAsking for donations$2,939,9407.18% of revenue6.6% of expenses
Total expenses$44,254,220108.15% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2023CurrentExpense mix: 83.2% mission · 10.2% management · 6.6% fundraisingTotal expenses: 108.15% of revenue
2022Expense mix: 83.6% mission · 10.1% management · 6.3% fundraisingTotal expenses: 95.67% of revenue
2021Expense mix: 84.2% mission · 9.4% management · 6.4% fundraisingTotal expenses: 115.13% of revenue
2020Expense mix: 85.4% mission · 7.7% management · 6.9% fundraisingTotal expenses: 60.39% of revenue
2019Expense mix: 83.8% mission · 8.6% management · 7.6% fundraisingTotal expenses: 88.22% of revenue
2018Expense mix: 83.2% mission · 8.8% management · 8.0% fundraisingTotal expenses: 88.47% of revenue
2017Expense mix: 84.2% mission · 7.8% management · 8.0% fundraisingTotal expenses: 82.82% of revenue
2016Expense mix: 84.5% mission · 8.1% management · 7.4% fundraisingTotal expenses: 83.61% of revenue

Money in and money out

Revenue$33,590,429
Expenses$44,254,220
Annual shortfall $10,663,791 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$36,811,214 · 83.2% of expenses
Management and office costs$4,503,066 · 10.2% of expenses
Fundraising$2,939,940 · 6.6% of expenses
See all reported dollar amounts
Revenue$33,590,429
Expenses$44,254,220
Assets$35,146,407
Income$51,396,603
Contributions$36,311,498
Mission work (program services)$36,811,214
Fundraising$2,939,940
Grants given$2,343,893
Average grant$75,609
Management and general$4,503,066
Executive compensation (total)$1,565,425
Accounting fees$136,337
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MINDY LUBBERCEO AND PRESIDENT · 40 hrs/week $352,687Base $311,427 · Other $41,260
SUSAN SAYERSCHIEF DEVELOPMENT OFFICER · 40 hrs/week $329,972Base $288,120 · Other $41,852
SUSAN BOYERCHIEF FINAN. & ADMIN. OFFICER · 40 hrs/week $296,526Base $252,762 · Other $43,764
DAWN MARTIN UNTIL AUG 2024EXEC. VP & CHIEF PROGRAM OFFICER · 40 hrs/week $280,504Base $255,415 · Other $25,089
STEVEN ROTHSTEINMANAGING DIRECTOR · 40 hrs/week $272,739Base $235,895 · Other $36,844
DAVID ZIV-KREGERVP, FOUNDATION DEVELOPMENT · 40 hrs/week $254,687Base $215,795 · Other $38,892
KIRSTEN SPALDINGVP, INVESTOR NETWORK · 40 hrs/week $253,532Base $202,771 · Other $50,761
DONNA DANIELSCHIEF PEOPLE & DIVERSITY OFFICER · 40 hrs/week $238,919Base $216,420 · Other $22,499
ANNE KELLYVP, GOVERNMENT RELATIONS · 40 hrs/week $223,924Base $214,649 · Other $9,275
LESLIE CORDESVP, PROGRAMS · 40 hrs/week $211,658Base $200,759 · Other $10,899
MICHAEL BOUDETTGENERAL COUNSEL · 40 hrs/week $206,884Base $198,392 · Other $8,492

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

MINDY LUBBERCEO AND PRESIDENT

SUSAN SAYERSCHIEF DEVELOPMENT OFFICER

SUSAN BOYERCHIEF FINAN. & ADMIN. OFFICER

DAWN MARTIN UNTIL AUG 2024EXEC. VP & CHIEF PROGRAM OFFICER

STEVEN ROTHSTEINMANAGING DIRECTOR

DAVID ZIV-KREGERVP, FOUNDATION DEVELOPMENT

KIRSTEN SPALDINGVP, INVESTOR NETWORK

DONNA DANIELSCHIEF PEOPLE & DIVERSITY OFFICER

ANNE KELLYVP, GOVERNMENT RELATIONS

LESLIE CORDESVP, PROGRAMS

MICHAEL BOUDETTGENERAL COUNSEL

THOMAS DINAPOLIDIRECTOR

TONY DAVISCO-CHAIR

ROBERT LITTERMANDIRECTOR

VERONICA EADYDIRECTOR

RALPH IZZODIRECTOR

PETER ROSENBLUMDIRECTOR (UNTIL OCT. 2024)

ALICIA SEIGERSECRETARY

MICHEL GELOBTERDIRECTOR (UNTIL OCT. 2024)

VIEN TRUONGDIRECTOR

MICHAEL FRERICHSDIRECTOR

MARCIE FROSTDIRECTOR

LOREN BLACKFORDDIRECTOR

KIRSTY JENKINSONDIRECTOR

JANET RANGANATHANCO-CHAIR

JACQUELINE PATTERSONDIRECTOR

ION YADIGAROGLUDIRECTOR

GEORGES BENJAMINDIRECTOR (UNTIL OCT. 2024)

DEBBIE SIMPSONDIRECTOR

CHRIS GOOLGASIANDIRECTOR

BRAD LANDERDIRECTOR

BILL DAVISDIRECTOR

BETTY YEETREASURER

BERTRAND MILLOTDIRECTOR

BARNEY SCHAUBLECHAIR (UNTIL JUNE 2024)

ANNE SIMPSONDIRECTOR

About this charity

Recognized since
January 1990
Location
99 CHAUNCY STREET 6TH FLOOR, BOSTON, MA 02111-1703
County
Suffolk
In care of
SUSAN BOYER
Primary officer
SUSAN BOYER, CHIEF FIN. & ADMIN. OFFICER

How to reach them

WebsiteVisit the charity’s website Emailpartnerships@ceres.org Phone(617) 247-0700

Filing and classification

Latest tax year
2023
Tax period began
November 1, 2023
Return type
990
Tax preparer
CBIZ ADVISORS LLC
NTEE classification
Environment (C010)
IRS tax category
Other Social Advocacy Organizations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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