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Nonprofit · EIN 27-0566795

VERRA

Tax-exempt · WASHINGTON, DC 20009

Financials

$29.8M$39.1M2023$27.8M$47.1M2024$30.6M$31.6M2025
Revenue Expenses · by fiscal year end
Financials of VERRA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$30,616,660$31,573,936-$957,276$26,804,981$3,774,241$23,030,740
December 31, 2024990$27,758,613$47,133,054-$19,374,441$28,663,979$4,675,963$23,988,016
December 31, 2023990$29,804,931$39,109,955-$9,305,024$47,899,270$4,536,813$43,362,457
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$924,209
Program service revenue
$29,053,293
Investment income
$639,158
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,152,310
Other salaries and wages
$14,809,162
Salaries, compensation and benefits (total)
$22,005,085
Professional fundraising fees
$0
Legal fees
$760,374
Accounting fees
$22,560
Occupancy
$62,328
Travel
$394,726
Depreciation
$116,609
Program services (functional)
$29,460,643
Management and general (functional)
$2,068,169
Fundraising (functional)
$45,124

Balance sheet and other

Total assets, start of year
$28,663,979
Total assets, end of year
$26,804,981
Total liabilities, end of year
$3,774,241
Net assets, end of year
$23,030,740
Land, buildings and equipment
$84,236
Net assets without donor restrictions
$22,743,645
Net assets with donor restrictions
$287,095
Gross receipts
$30,616,660
Employees
68
Volunteers
193
Year formed
2009
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Mandy RambharosChief Executive Officer
Officer
40$398,878$10,364
Anil VinayakChief Financial Officer
Officer
40$335,139$33,870
Joseph DellOrfanoChief Technology Officer
Key employee
40$328,846$39,893
Hillary NavarroChief Comm & Engagement Officer
Key employee
40$252,149$30,827
Jerry SeagerSr Director, Program Quality
Highest-paid employee
40$214,948$22,547
Andrew HowardChief Strategy & Policy Officer
Key employee
40$236,010$0
Benktesh SharmaSr Director, Technology Solutions
Highest-paid employee
40$211,079$23,576
Justin WhelerChief Program Management Officer
Key employee
40$210,012$18,961
Julianne BaroodySr Director, Certification
Highest-paid employee
40$198,337$24,926
Barbara DavisDirector of Technology Management
Highest-paid employee
40$189,590$24,273
Sinclair VincentSr Director, Program Development
Highest-paid employee
40$184,212$19,634
Candace VinkeChief Prog Dev & Innovation Officer
Key employee
40$182,789$16,987
Marc StuartChair
Trustee or director, Officer
4$0$0
Andre de RuyterVice Chair
Trustee or director, Officer
2$0$0
Julie McLaughlinVice Chair
Trustee or director, Officer
2$0$0
8 more people on this return
NameTitleHours / weekCompensation
Kenneth MarkowitzDirector
Trustee or director
1$0
Jim CannonDirector
Trustee or director
1$0
Dirk ForristerDirector
Trustee or director
1$0
Janice Kotut-SangDirector
Trustee or director
1$0
Jennifer McFarlaneDirector
Trustee or director
1$0
Anshari RahmanDirector
Trustee or director
1$0
Juan Felipe Rengifo BorrenoDirector
Trustee or director
1$0
Tsunehiko YanagiharaDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
Judith SimonPresident through 11/2024
Officer
40$421,247$62,836
Toby Janson-SmithChief Prog Dev & Innovation Officer
Key employee
40$307,128$66,643
Farhan AhmedChief Prog Mgmt Officer thru 10/24
Key employee
40$313,800$47,583
Joseph DellOrfanoChief Technology Officer as of 3/24
Key employee
40$269,043$51,808
Robin RixChief Legal, Risk, & Gov Officer
Key employee
40$298,439$21,337
Hillary NavarroChief Comm & Engagement Officer
Key employee
40$237,212$54,678
Benktesh SharmaSr Director, Technology Solutions
Highest-paid employee
40$214,609$48,766
Jerry SeagerSr Director, Program Quality
Highest-paid employee
40$225,854$32,612
Julianne BaroodySr Director, Certification
Highest-paid employee
40$207,495$44,554
Andrew HowardChief Strategy & Policy Officer
Key employee
40$238,748$0
Naomi SwickwardSr Director, REDD+ Prog Development
Highest-paid employee
40$226,368$6,645
Mary Gilmore-MaurerLegal Director
Highest-paid employee
40$214,763$15,645
Anil VinayakChief Financial Officer as of 6/24
Officer
40$205,704$22,858
Justin WhelerChief Program Management Officer
Key employee
40$208,522$16,197
Mandy RambharosDirector thru 8/24, CEO as of 8/24
Trustee or director, Officer
40$152,093$9,359
William FerrettiFormer CFOO
Former
40$159,951$0
David AntonioliFormer CEO
Former
40$148,882$0
Kenneth MarkowitzChair
Trustee or director, Officer
4$0$0
Jim CannonVice Chair
Trustee or director, Officer
2$0$0
Andre de RuyterDirector
Trustee or director
1$0$0
Julie McLaughlinDirector
Trustee or director
1$0$0
Dirk ForristerDirector
Trustee or director
1$0$0
Janice Kotut-SangDirector
Trustee or director
1$0$0
Marc StuartDirector
Trustee or director
1$0$0
Jennifer McFarlaneDirector
Trustee or director
1$0$0
Anshari RahmanDirector
Trustee or director
1$0$0
Juan Felipe Rengifo BorrenoDirector
Trustee or director
1$0$0
Tsunehiko YanagiharaDirector
Trustee or director
1$0$0
Mark KenberDirector
Trustee or director
1$0$0
Kelley KizzierDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
David AntonioliChief Executive Officer (thru Jun)
Officer
40$475,183$72,052
Judith SimonPresident and Interim CEO
Officer
40$337,453$62,930
William FerrettiChief Operating & Financial Officer
Officer
40$320,731$58,239
Toby Janson-SmithChief Innovation Officer
Key employee
40$286,010$67,044
Robin RixChief Legal Officer
Key employee
40$289,626$20,482
Farhan AhmedChief Program Officer
Key employee
40$233,167$51,847
Jerry SeagerSr. Director, VCS Program Management
Highest-paid employee
40$244,628$37,536
Benktesh SharmaSr. Director, Technology Solutions
Highest-paid employee
40$210,839$47,829
Julianne J BaroodySr. Dir., Forest Carbon Innovation
Highest-paid employee
40$208,670$39,478
Barbara A DavisDirector of Technology Management
Highest-paid employee
40$169,924$55,285
Hillary NavarroChief Communications Officer
Key employee
40$184,168$32,662
Ben B CarrierLegal Director
Highest-paid employee
40$145,806$24,001
Kenneth MarkowitzChair (Mar-Dec)
Trustee or director, Officer
4$0$0
Tao YunChair (Jan-Mar)
Trustee or director, Officer
4$0$0
Anne-Marie WarrisVice Chair (Jan-Mar)
Trustee or director, Officer
2$0$0
Jim CannonVice Chair (Mar-Dec)
Trustee or director, Officer
2$0$0
Dirk ForristerBoard Member
Trustee or director
1$0$0
Mark KenberBoard Member
Trustee or director
1$0$0
Kelley KizzierBoard Member
Trustee or director
1$0$0
Julie McLaughlinBoard Member
Trustee or director
1$0$0
Ken NewcombeBoard Member
Trustee or director
1$0$0
Anshari RahmanBoard Member
Trustee or director
1$0$0
Mandy RambharosBoard Member
Trustee or director
1$0$0
Marc StuartBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1802 VERNON STREET NW SUITE 1105, WASHINGTON, DC 20009-1217
In care of
% MANDY RAMBHAROS
Principal officer (990 for 2025)
Mandy Rambharos, 1802 Vernon St NW Ste 1105, Washington, DC 200091217
Signed the 990
Mandy Rambharos, CEO
Phone
(202) 926-0038
Return prepared by
Rogers & Company PLLC

Mission

Verra drives transformational action on climate change and sustainable development through high-integrity standards that mobilize finance and deliver real impact.

990 for the year ended December 31, 2025

Program accomplishments

  • VCS Program: The Verified Carbon Standard (VCS) Program certifies projects that reduce and remove greenhouse gas emissions. Projects undergo a rigorous development and assessment process before applying for registration with the VCS Program. Projects are issued Verified Carbon Units which they can use to finance their activities. Under the VCS Program, Verra also operates the Jurisdictional and Nested REDD+ Framework that enables jurisdictional REDD+ programs and nested projects to account for and verify their forest-related emission reduction activities.Continued in Schedule O
    Expenses $27,934,122 · revenue $27,551,050
  • CCBS Program: The Climate Community and Biodiversity Standards (CCBS) Program certifies projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity. Many land-based projects register in both the CCBS Program and the VCS Program. These projects include reforestation, afforestation, vegetation, forest restoration, agroforestry, and sustainable agriculture projects.
    Expenses $1,217,752 · revenue $1,198,385
  • Plastics Waste Reduction Standard Program: The Plastic Waste Reduction Standard Program (Plastic Program) enables the consistent accounting, independent auditing and crediting of new or scaled-up waste collection and recycling projects. Projects are issued Plastic Credits which they can use to sustain and/or scale up their operations. The program seeks to catalyze socially-responsible waste recovery and recycling efforts around the world.
    Expenses $189,366 · revenue $186,354
  • Expenses $119,403 · revenue $117,504

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0566795
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C20)
Assets (IRS master file)
$26,804,981
Income (IRS master file)
$30,616,660

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$30,616,660$31,573,936$26,804,981XML
990December 2024$27,758,613$47,133,054$28,663,979XML
990December 2023$29,804,931$39,109,955$47,899,270XML
990December 2022$32,424,242$26,257,089$57,769,889IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0566795).

Questions about VERRA

What is the EIN of VERRA?
The employer identification number (EIN) of VERRA is 27-0566795.
Is VERRA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to VERRA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VERRA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VERRA due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VERRA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of VERRA?
The 990 for the year ended December 31, 2025 names Mandy Rambharos.
Who are the officers and directors of VERRA?
The 990 for the year ended December 31, 2025 lists 23 people; 12 received compensation from the organization, the highest $398,878 (Mandy Rambharos, Chief Executive Officer).
How much revenue does VERRA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $30,616,660, expenses of $31,573,936 and total assets of $26,804,981 at year end.

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