BBB Wise Giving Report for
Rare

BBB Wise Giving Report issued May 2011
BBB Wise Giving Report expires May 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Rare
Address: 1310 N. Courthouse Road, Suite 110
  Arlington, VA 22201
Phone: 703-522-5070
Web Address: www.rareconservation.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2004, Virginia
Affiliates: None
Stated Purpose: "to conserve imperiled species and ecosystems around the world by inspiring people to care about and protect nature."

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Evaluation Conclusions

               

Rare does not meet the following 2 Standards for Charity Accountability.

Standard 14: Budget - Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

Rare does not meet this Standard because, when the organization provided budget information, it indicated that the budget:

  • Did not identify total projected program service expenses.
  • Did not identify total projected fund raising expenses.
  • Did not identify total projected administrative expenses.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Rare does not meet this standard because:

  • The organization indicated that it does not produce an annual report.
In addition, the BBB Wise Giving Alliance requested but did not receive complete information on the organization’s governance and oversight, effectiveness measures, and fundraising disclosures and is unable to verify the organization's compliance with the following 3Standards for Charity Accountability: 3, 7, and 19.
Rare meets the remaining 15 Standards for Charity Accountability.
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Programs

               

Rare is a global grassroots organization that trains and mentors local conservation leaders through the use of outreach tools. The organization supports local leaders as they customize these tools and identify motivations and messages to inspire environmental protection in their own communities. Rare reports it specializes in social marketing, a method for changing attitudes and behaviors and attempts to change people’s attitude and behavior toward conservation at the local level. The organization and its partners work in more than 50 countries, and state that they are committed to designing conservation programs that benefit both people and nature in order to ensure that change is embraced and sustained.

For the fiscal year ended September 30, 2010, Rare's program expenses were:

  
Programs 10,178,934
Total Program Expenses: $10,178,934
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Governance

               

Chief Executive : Brett Jenks, President and CEO
Compensation*:
 $275,891

Chair of the Board: Dr. Edward Soule
Chair's Profession / Business Affiliation: Professor

Board Size: 21

Paid Staff Size: 72

*October 1, 2008 - September 31, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, Internet appeals, and cause-related marketing.
Fund raising costs were 14% of related contributions. (Related contributions, which totaled $7,571,153, are donations received as a result of fund raising activities.)
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Tax Status

               

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.
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Financial

               

The following information is based on Rare's audited financial statements for the fiscal year ended September 30, 2010.

Source of Funds  
Grants and contributions 6,759,486
Contributed services and materials 751,128
Investment income 394,800
In-country grants and contributions 60,539
Tour and other income 6,378
Total Income $7,972,331


chart



Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 9%  Administrative: 3% 

Total income   $7,972,331
  Program expenses $10,178,934
  Fund raising expenses 1,039,053
  Administrative expenses 339,968
 
Total expenses   $11,557,955
Expenses in Excess of Income   (3,585,624)
Beginning net assets   28,453,052
Ending net assets   24,867,428
Total liabilities   1,474,408
Total assets   $26,341,836

Note: According to audited financial statements for the year ended September 30, 2010, Rare received $751,128 of in-kind contributions, including professional services ($471,300) and consulting and contract fees ($298,296).

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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 BBB 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 Council of Better Business Bureaus, Inc.

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

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