TY 2024 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

A For the 2024 calendar year, or tax year beginning 01-01-2024 , and ending 12-31-2024

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
GREEN BUSINESS CERTIFICATION INC

Doing business as
GBCI

Number and street (or P.O. box if mail is not delivered to street address)
2101 L STREET NW 600

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20037

D Employer identification number

26-0893414

E Telephone number

G Gross receipts $ 78,854,147

F Name and address of principal officer:
PETER TEMPLETON
2101 L STREET NW 600
WASHINGTON,DC20037

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) (insert no.) 4947(a)(1) or 527

Website:

WWW.GBCI.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 2007

M State of legal domicile: DC

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: (SEE SCHEDULE O)
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	6
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	6
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	130
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	51,135,245	70,289,284
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,446,526	3,331,718
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	5,000,014	3,850,028
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	57,581,785	77,471,030
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	9,745,060	29,290,576
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	42,887,610	41,945,735
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	52,632,670	71,236,311
19	Revenue less expenses. Subtract line 18 from line 12.......	4,949,115	6,234,719
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	105,369,274	148,891,030
21	Total liabilities (Part X, line 26).............	54,816,532	91,911,107
22	Net assets or fund balances. Subtract line 21 from line 20.....	50,552,742	56,979,923

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2024)

Form 990 (2024)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: TO INDEPENDENTLY RECOGNIZE EXCELLENCE IN PERFORMANCE AND PRACTICE GLOBALLY WHILE PROMOTING ADOPTION OF BUILDING AND BUSINESS PRACTICES THAT CONTINUALLY AND MEASURABLY IMPROVE HEALTH, EQUITY, RESILIENCE, AND ENVIRONMENTAL WELLBEING FOR ALL.

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	LEED CERTIFICATION - GBCI ADMINISTERS THE LEED CERTIFICATION PROGRAM, PERFORMING THIRD-PARTY TECHNICAL REVIEWS AND VERIFICATION OF REGISTERED PROJECTS TO DETERMINE IF THEY HAVE MET THE STANDARDS SET FORTH BY THE LEED GREEN BUILDING RATING SYSTEM. LEED, OR LEADERSHIP IN ENERGY & ENVIRONMENTAL DESIGN, IS THE MOST WIDELY USED GREEN BUILDING RATING SYSTEM IN THE WORLD AND AN INTERNATIONAL SYMBOL OF EXCELLENCE IN GREEN BUILDING. DEVELOPED BY THE U.S. GREEN BUILDING COUNCIL (USGBC), LEED PROVIDES A FRAMEWORK FOR HEALTHY, EFFICIENT AND COST-SAVING GREEN BUILDINGS. LEED CERTIFICATION IA A GLOBALLY RECOGNIZED SYMBOL OF SUSTAINABILITY ACHIEVEMENT AND LEADERSHIP.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	LEED CREDENTIALING - GBCI CREDENTIALS CONSIST OF COMPETENCY EXAMS AND CERTIFICATE PROGRAMS. THE EXAMS ARE CONSTRUCTED USING RIGOROUS TEST DEVELOPMENT BEST PRACTICES TO ASSESS WHETHER WORKING PROFESSIONALS HAVE THE MINIMUM COMPETENCIES TO PERFORM THEIR JOBS. GBCI CREDENTIALS REQUIRE ONGOING MAINTENANCE TO ENCOURAGE CREDENTIALED PROFESSIONALS TO PARTICIPATE IN LEARNING EXPERIENCES THAT DEMONSTRATE CONTINUED COMPETENCY AND UP-TO-DATE INDUSTRY KNOWLEDGE. GBCI DEVELOPS AND ADMINISTERS THE ISO/IEC 17024 ACCREDITED LEED PROFESSIONAL CREDENTIAL EXAMS, WHICH INCLUDE THE LEED GREEN ASSOCIATE AND LEED AP WITH SPECIALTY CREDENTIALS, THE SITES AP, THE SUSTAINABILITY EXCELLENCE CREDENTIALS, AND THE URBAN GREENHOUSE GAS INVENTORY SPECIALIST CREDENTIAL. GBCI ALSO ADMINISTERS THE TRUE ADVISOR CERTIFICATE PROGRAM.

4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	WELL - GBCI SUPPORTS THE DELIVERY OF IWBI'S WELL BUILDING STANDARD, AN EVIDENCE-BASED STANDARD, WHICH SETS PERFORMANCE REQUIREMENTS IN TEN CATEGORIES: AIR, WATER, NOURISHMENT, LIGHT, FITNESS, COMFORT, MIND, SOUND, MATERIALS, AND COMMUNITY. CERTIFICATION ALLOWS BUILDING OWNERS AND EMPLOYERS TO KNOW THAT THEIR SPACE IS PERFORMING RELATED TO HEALTH AND WELL-BEING OF OCCUPANTS. GBCI SUPPORTS THE ADVANCEMENT OF WELL BY PROVIDING CERTIFICATION MANAGEMENT AND DELIVERY SERVICES FOR WELL CERTIFICATION PROGRAMS. WELL WAS PIONEERED BY DELOS AND IS MANAGED BY THE INTERNATIONAL WELL BUILDING INSTITUTE.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	TRUE (TOTAL RESOURCE USE AND EFFICIENCY) - TRUE IS A CERTIFICATION PROGRAM DEDICATED TO MEASURING, IMPROVING AND RECOGNIZING ZERO WASTE PERFORMANCE BY ENCOURAGING THE ADOPTION OF SUSTAINABLE RESOURCE MANAGEMENT AND WASTE REDUCTION PRACTICES WHICH CONTRIBUTE TO POSITIVE ENVIRONMENTAL, HEALTH AND ECONOMIC OUTCOMES. TRUE IS DESIGNED TO HELP GUIDE THE TRANSITION TO A CIRCULAR ECONOMY BY SUPPORTING BUSINESSES AND COMMUNITIES IN RE-THINKING OLD ASSUMPTIONS AND RE-DESIGNING PROCESSES TO ENSURE THAT ALL RESOURCES ARE VALUED FOR THEIR HIGHEST AND BEST USE. A TRUE CERTIFIED PROJECT'S GOAL IS TO DIVERT ALL SOLID WASTE FROM THE LANDFILL, INCINERATION AND THE ENVIRONMENT. FACILITIES ACHIEVE CERTIFICATION BY MEETING AN AVERAGE OF 90% OR GREATER OVERALL WASTE DIVERSION OVER A PERIOD OF 12 MONTHS, AS WELL AS IMPLEMENTING A SERIES OF CREDITS AND MINIMUM PROGRAM REQUIREMENTS. EDGE - AN INNOVATION OF IFC, A MEMBER OF THE WORLD BANK GROUP, EDGE IS A GREEN BUILDING CERTIFICATION SYSTEM FOCUSED ON MAKING BUILDINGS IN EMERGING MARKETS MORE RESOURCE-EFFICIENT. IT EMPOWERS DEVELOPERS AND BUILDERS TO QUICKLY IDENTIFY THE MOST COST-EFFECTIVE WAYS TO REDUCE ENERGY USE, WATER USE AND EMBODIED ENERGY IN MATERIALS. EDGE EMPOWERS EMERGING MARKETS TO SCALE UP RESOURCE-EFFICIENT BUILDINGS IN A FAST, EASY AND AFFORDABLE WAY. GBCI ADMINISTERS EDGE CERTIFICATION IN OVER 140 COUNTRIES AROUND THE WORLD. SITES - GBCI ADMINISTERS THE SUSTAINABLE SITES INITIATIVE (SITES)-A COMPREHENSIVE RATING SYSTEM (SITES) DESIGNED TO DISTINGUISH SUSTAINABLE LANDSCAPES, MEASURE THEIR PERFORMANCE, AND ULTIMATELY ELEVATE THE VALUE OF LANDSCAPES. THE RATING SYSTEM CAN BE APPLIED TO DEVELOPMENT PROJECTS LOCATED ON SITES WITH OR WITHOUT BUILDINGS, RANGING FROM NATIONAL PARKS TO CORPORATE CAMPUSES, STREETSCAPES AND HOMES. BY SUPPORTING THE DEVELOPMENT OF HEALTHY, THRIVING COMMUNITIES AND NEIGHBORHOODS, SITES DRIVES SUSTAINABILITY EFFORTS BEYOND THE BUILDING. THE INVESTOR CONFIDENCE PROJECT (ICP) - GBCI ADMINISTERS THE INVESTOR CONFIDENCE PROJECT (ICP), AND ITS INVESTOR READY ENERGY EFFICIENCY CERTIFICATION (IREE). ICP IS A GLOBAL UNDERWRITING STANDARD FOR DEVELOPING AND MEASURING ENERGY EFFICIENCY RETROFITS FOR COMMERCIAL AND MULTIFAMILY RESIDENTIAL BUILDINGS. THROUGH ITS IREE CERTIFICATION, ICP AIMS TO STANDARDIZE ENERGY EFFICIENCY UPGRADES AND TRANSFORM THE ENERGY EFFICIENCY MARKET BY INCREASING CONFIDENCE IN THE FINANCIAL AND ENVIRONMENTAL PERFORMANCE OF BUILDING RETROFITS. BY ONLY CERTIFYING PROJECTS THAT ADHERE TO RIGOROUS STANDARDS AND BEST PRACTICES, ICP REDUCES RISK FOR INVESTORS AND LOWERS TRANSACTION COSTS FOR BUYERS AND SELLERS OF ENERGY EFFICIENCY. SUSTAINABILITY EXCELLENCE CREDENTIALS (FORMERLY ISSP CREDENTIALS) THE SUSTAINABILITY EXCELLENCE ASSOCIATE (SEA) AND SUSTAINABILITY EXCELLENCE PROFESSIONAL (SEP) CREDENTIALS RECOGNIZE INDIVIDUALS DEDICATED TO MAKING THE WORLD A MORE SUSTAINABLE PLACE - ECONOMICALLY, SOCIALLY, AND ENVIRONMENTALLY. THE SEA IS DESIGNED FOR EMERGING SUSTAINABILITY PROFESSIONALS, INCLUDING STUDENTS, RECENT GRADUATES OR PROFESSIONALS LOOKING TO INCORPORATE SUSTAINABILITY CONCEPTS INTO THEIR CAREER. THE SEP DESIGNATES AN INDIVIDUAL WHO HAS EXTENSIVE EXPERIENCE IN SUSTAINABILITY AND WHO CAN DEMONSTRATE PROFESSIONAL EXCELLENCE IN THE FIELD. EARNING AN ISSP CREDENTIAL DEMONSTRATES THAT A PERSON HAS THE SKILLS AND KNOWLEDGE TO PLAN, IMPLEMENT AND EVALUATE THE INTEGRATION OF SUSTAINABILITY INTO ORGANIZATIONAL CULTURE AND PRACTICES AND IS ABREAST OF CURRENT ISSUES, TOOLS AND TECHNIQUES. THE CREDENTIALS WERE ORIGINALLY DEVELOPED BY THE INTERNATIONAL SOCIETY OF SUSTAINABILITY PROFESSIONALS (ISSP) AND ARE CURRENTLY OWNED AND ADMINISTERED BY GBCI. PEER - GBCI ADMINISTERS PEER, OR PERFORMANCE EXCELLENCE IN ELECTRICITY RENEWAL-A COMPREHENSIVE, CONSUMER-CENTRIC, DATA-DRIVEN RATING SYSTEM FOR MEASURING AND IMPROVING POWER SYSTEM PERFORMANCE AND ELECTRICITY INFRASTRUCTURE. THE PEER RATING SYSTEM SERVES AS A TOOL TO ACCELERATE TRANSFORMATION OF THE ELECTRICITY SECTOR. PEER EVALUATES AND VERIFIES A POWER SYSTEM'S PERFORMANCE ACROSS FOUR CATEGORIES: RELIABILITY AND RESILIENCY; ENERGY EFFICIENCY AND ENVIRONMENT; OPERATIONS, MANAGEMENT AND SAFETY; AND GRID SERVICES. THE PROGRAM CAN BE USED FOR POWER SYSTEMS OF ALL SIZES, INCLUDING CAMPUSES, MICROGRIDS, CRITICAL INFRASTRUCTURE, AN ENTIRE CITY'S GRID OR A UTILITY TERRITORY, AND EVEN TRANSIT SYSTEMS. A PEER CERTIFICATION SIGNIFIES THAT A SYSTEM IS RESILIENT IN THE FACE OF DISASTERS, RELIABLE IN ITS ABILITY TO MEET EVERYDAY NEEDS AND SUSTAINABLE IN A WAY THAT PRIORITIZES EFFICIENCY AND MITIGATES THE IMPACTS OF CLIMATE RISK. FEDERAL GP (FEDERAL GUIDING PRINCIPLES) - GBCI OFFERS FEDERAL AGENCIES AND THE DEPARTMENT OF DEFENSE A ROBUST COMPLIANCE ASSESSMENT FOR MEETING THE GUIDING PRINCIPLES FOR SUSTAINABLE FEDERAL BUILDINGS. THE GUIDING PRINCIPLES WERE ESTABLISHED BY AN EXECUTIVE ORDER TO GUIDE AGENCIES IN DESIGNING, LOCATING, CONSTRUCTING, MAINTAINING, AND OPERATING FEDERAL BUILDINGS IN A SUSTAINABLE MANNER THAT INCREASES EFFICIENCY, OPTIMIZES PERFORMANCE, ELIMINATES UNNECESSARY USE OF RESOURCES, ENSURES THE HEALTH OF OCCUPANTS, PROTECTS THE ENVIRONMENT, GENERATES COST SAVINGS, AND MITIGATES RISKS TO ASSETS, CONSISTENT WITH AGENCY AND DEPARTMENT MISSIONS. PARKSMART - GBCI ADMINISTERS PARKSMART, THE WORLD'S ONLY RATING SYSTEM THAT DEFINES, MEASURES AND RECOGNIZES HIGH-PERFORMING, SUSTAINABLE PARKING STRUCURES. DEVELOPED BY INDUSTRY EXPERTS, PARKSMART APPLIES TO NEW AND EXISTING FACILITIES AND ASSESSES PROJECTS IN SEVERAL CATEGORIES, INCLUDING PARKING STRUCTURE MANAGEMENT, PROGRAMMING, DESIGN AND TECHNOLOGY. CITY CLIMATE PLANNER (CCP) - THE CITY CLIMATE PLANNER PROGRAM HELPS CITY STAFF AND THEIR PARTNERS DEVELOP THE SKILLS NEEDED TO ADVANCE LOCAL CLIMATE ACTION IN CITIES WORLDWIDE. THE URBAN GREENHOUSE GAS INVENTORY SPECIALIST CREDENTIAL FOCUSES ON COMMUNITY-LEVEL GREENHOUSE GAS EMISSIONS INVENTORY ACCOUNTING, WHICH IS A KEY BUILDING BLOCK IN DEVELOPING QUALITY CLIMATE ACTION PLANS. IT IS GEARED TOWARD PRACTITIONERS DEVELOPING CITY AND COMMUNITY-SCALE GREENHOUSE GAS INVENTORIES AND IS BASED ON THE GLOBAL PROTOCOL FOR COMMUNITY-SCALE GREENHOUSE GAS EMISSION INVENTORIES (GPC), THE MOST COMPREHENSIVE GLOBAL PROTOCOL FOR CALCULATING AND REPORTING GHG INVENTORIES.PERFORM - GBCI ADMINISTERS PERFORM VERIFICATION. PERFORM ASSISTS ORGANIZATIONS AND PORTFOLIOS IN SETTING GOALS, MEASURING PROGRESS AGAINST USER-DEFINED TARGETS, AND OBTAINING THIRD-PARTY VERIFICATION FROM THE GREEN BUSINESS CERTIFICATION INC. (GBCI) TO DEMONSTRATE IMPROVEMENT AND PROGRESS. PERFORM SUPPORTS VARIOUS PORTFOLIO-LEVEL METRICS ACROSS EMISSIONS, ENERGY, WATER, WASTE, HEALTH, RESILIENCE, BIODIVERSITY AND SOCIAL IMPACT. PERFORM COMPLEMENTS USGBC'S GLOBALLY RECOGNIZED LEED GREEN BUILDING SYSTEM. WHEREAS LEED CERTIFIES INDIVIDUAL BUILDINGS AND PROJECTS TO A CONSENSUS-BASED LEADERSHIP STANDARD, PERFORM WORKS WITH ENTIRE REAL ESTATE PORTFOLIOS TO HELP SET GOALS, MANAGE PROGRESS, MAKE IMPROVEMENTS OVER TIME, AND VERIFY ACHIEVEMENTS.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

Form 990 (2024)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

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.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

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....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

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..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

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..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

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...................

11a

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

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.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

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.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

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............

11d

Yes

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

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11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

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11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

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......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

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12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

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14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

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Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

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Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....

Form 990 (2024)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

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Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

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Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

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35b

Yes

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

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Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2024)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Did the organization have unrelated business gross income of $1,000 or more during the year?...

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

Yes

If "Yes," enter the name of the foreign country: GM , IN , MX , AE
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2024)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Yes

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Yes

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
PETER TEMPLETON2101 L STREET NW 600 WASHINGTON,DC20037 (800) 795-1747

Form 990 (2024)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)				(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) JACQUELYN HENKE WOLFF...................................................................... BOARD CHAIR	5.00 ................. 0.00	X				0	0	0
(2) GEORGE BANDY...................................................................... VICE CHAIR	5.00 ................. 0.00	X				0	0	0
(3) ELENA ALSCHULER...................................................................... DIRECTOR	3.00 ................. 0.00	X				0	0	0
(4) JP FLAHERTY...................................................................... DIRECTOR	3.00 ................. 0.00	X				0	0	0
(5) YIANICE HERNANDEZ...................................................................... DIRECTOR	3.00 ................. 0.00	X				0	0	0
(6) LAUREN MOSS...................................................................... DIRECTOR	3.00 ................. 0.00	X				0	0	0
(7) PETER TEMPLETON...................................................................... PRESIDENT & CEO	40.00 ................. 0.00		X			939,954	0	58,961
(8) LISA REVITTE...................................................................... CHIEF OPERATING OFFICER	40.00 ................. 0.00		X			385,801	0	33,637
(9) SARAH ZALESKI...................................................................... CHIEF PRODUCTS OFFICER	40.00 ................. 0.00			X		354,801	0	26,987
(10) ANGELO PETRILLO...................................................................... CHIEF GROWTH OFFICER	40.00 ................. 0.00			X		225,511	0	13,659
(11) MICAH SILVEY...................................................................... VICE PRESIDENT	40.00 ................. 0.00			X		200,971	0	29,254
(12) ABIGAIL HAMPSHIRE...................................................................... PRINCIPAL ENGINEER	40.00 ................. 0.00				X	198,177	0	29,204
(13) KENNETH SIMPSON...................................................................... VICE PRESIDENT	40.00 ................. 0.00				X	193,763	0	25,854
(14) LEON KATCHARIAN...................................................................... SENIOR DIRECTOR	40.00 ................. 0.00				X	196,928	0	16,814
(15) LORI OWENS...................................................................... SENIOR DIRECTOR	40.00 ................. 0.00				X	179,356	0	25,154
(16) MARC COHEN...................................................................... PROGRAM MANAGER	40.00 ................. 0.00				X	177,362	0	23,833

Form 990 (2024)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)						(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	3,052,624	0	283,357

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 0

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Yes

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
THE EPSTEN GROUP INC 101 MARIETTA STREET NW SUITE 2600 ATLANTA,GA30303	CERTIFICATION REVIEWER	3,786,662
ABS GROUP OF COMPANIES INC PO BOX 915092 DALLAS,TX753915092	CERTIFICATION REVIEWER	3,275,133
SUSTAINABILITY ASSURANCE SERVICES SMALLMAN ST 3RD FL PITTSBURGH,PA15222	CERTIFICATION REVIEWER	3,194,559
ECOWORKS STUDIO LLC 659 AUBURN AVE NE SUITE 135 ATLANTA,GA30312	DESIGN SERVICES	2,619,147
CATALYST PARTNERS LLC 1250 CT AVE NW 8TH FLOOR SUITE 825 WASHINGTON,DC20036	CERTIFICATION REVIEWER	2,387,439
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 23

Form 990 (2024)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..	1a
b	Membership dues..	1b
c	Fundraising events..	1c
d	Related organizations	1d
e	Government grants (contributions)	1e

f	All other contributions, gifts, grants, and similar amounts not included above	1f

g	Noncash contributions included in lines 1a - 1f:$	1g

h Total. Add lines 1a-1f.......

		Business Code
2a	CERTIFICATION	900099	50,834,233	50,834,233
b	REGISTRATION	900099	11,136,560	11,136,560
c	CREDENTIALING	900099	6,516,045	6,516,045
d	BUILDING STANDARD TEST	900099	1,802,446	1,802,446
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		70,289,284

3 Investment income (including dividends, interest, and othersimilar amounts) ......			3,425,181			3,425,181
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	1,289,654
b	Less: cost or other basis and sales expenses	7b	1,383,117
c	Gain or (loss)	7c	-93,463
d	Net gain or (loss).........			-93,463			-93,463
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	INTERCOMPANY SERVICES		900099	2,595,135	2,595,135
b	TAX REFUNDS			1,128,603			1,128,603
c	OTHER INCOME		900099	126,290			126,290
d	All other revenue ....
e	Total. Add lines 11a–11d ......			3,850,028
12	Total revenue. See instructions.....			77,471,030	72,884,419	0	4,586,611

Form 990 (2024)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	23,213,712
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	718,965
9	Other employee benefits .......	3,674,703
10	Payroll taxes ...........	1,683,196
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	280,470
c	Accounting ...........	291,908
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	8,173
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	20,717,228
12	Advertising and promotion ....	116,564
13	Office expenses .......	2,446,547
14	Information technology ......	4,271,866
15	Royalties ..	2,684,203
16	Occupancy ...........	531,137
17	Travel ............	865,876
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	672,160
20	Interest ...........	32,813
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	4,824,791
23	Insurance ...	210,538
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	CHINA OPERATING EXPENSE	3,748,806
b	PROF. DEVELOPMENT & MEM	229,869
c	BAD DEBT EXPENSE	12,786
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	71,236,311
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2024)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........				1	1
2	Savings and temporary cash investments .........			86,925,564	2	84,341,602
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			837,488	4	32,712,349
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7	150,000
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			42,135	9	146,101
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	0
b	Less: accumulated depreciation	10b		15,948	10c
11	Investments—publicly traded securities .			4,552,614	11	4,768,690
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..			792,481	13	839,123
14	Intangible assets ...............			1,631,934	14	9,480,206
15	Other assets. See Part IV, line 11 ...........			10,571,110	15	16,452,958
16	Total assets. Add lines 1 through 15 (must equal line 33)...			105,369,274	16	148,891,030

17	Accounts payable and accrued expenses .....	4,757,011	17	4,154,645
18	Grants payable ...		18
19	Deferred revenue .........	45,124,982	19	76,550,297
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	4,934,539	25	11,206,165
26	Total liabilities. Add lines 17 through 25..	54,816,532	26	91,911,107

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	50,552,742	27	56,979,923
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	50,552,742	32	56,979,923
33	Total liabilities and net assets/fund balances ........	105,369,274	33	148,891,030

Form 990 (2024)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

77,471,030

Total expenses (must equal Part IX, column (A), line 25) ............

71,236,311

Revenue less expenses. Subtract line 2 from line 1 ..............

6,234,719

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

50,552,742

Net unrealized gains (losses) on investments ...............

192,462

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

56,979,923

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2024)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

GREEN BUSINESS CERTIFICATION INC

Employer identification number

26-0893414

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements
d	Equipment ....
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..		0

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)DUE FROM U.S. GREEN BUILDING COUNCIL				11,420,976
(2)DUE FROM GREEN BUSINESS CERTIFICATION INSTITUTE PRIVATE LTD (GBCI INDIA)				3,639,744
(3)DUE FROM GREEN BUSINESS CERTIFICATION INSTITUTE GMBH				1,198,219
(4)DUE FROM CANADA				152,214
(5)DEPOSITS				41,805
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				16,452,958

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
DUE TO U.S. GREEN BUILDING COUNCIL	10,653,914
DEFERRED PORTION OF PURCHASE PRICE OF SITES	523,400
DUE TO INDIA	27,311
DUE TO CAGBC (CANADA GREEN BUILDING COUNCIL)	1,540





Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	11,206,165
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	GBCI HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization
GREEN BUSINESS CERTIFICATION INC

Employer identification number

26-0893414

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(c) Number of employees, agents, and independent contractors in the region	(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	EUROPE (INCLUDING ICELAND & GREENLAND)	4	PROGRAM SERVICES	CONSULTING	245,195
	NORTH AMERICA	7	PROGRAM SERVICES	CONSULTING	161,151
	SOUTH AMERICA	5	PROGRAM SERVICES	CONSULTING	361,458
	CENTRAL AMERICA AND THE CARIBBEAN	0	PROGRAM SERVICES	PROJECT REVIEWER	226,220
	EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	PROJECT REVIEWER	1,034,744
	CENTRAL AMERICA AND THE CARIBBEAN	0	PROGRAM SERVICES	EXAM PROCTORING FEES	515
	EAST ASIA AND THE PACIFIC	0	PROGRAM SERVICES	EXAM PROCTORING FEES	117,148
	EUROPE (INCLUDING ICELAND & GREENLAND)	0	PROGRAM SERVICES	EXAM PROCTORING FEES	30,343
	MIDDLE EAST AND NORTH AFRICA	0	PROGRAM SERVICES	EXAM PROCTORING FEES	106,273
	NORTH AMERICA	0	PROGRAM SERVICES	EXAM PROCTORING FEES	49,940
	RUSSIA AND NEIGHBORING STATES	0	PROGRAM SERVICES	EXAM PROCTORING FEES	2,336
	SOUTH AMERICA	0	PROGRAM SERVICES	EXAM PROCTORING FEES	24,447
	SOUTH ASIA	0	PROGRAM SERVICES	EXAM PROCTORING FEES	1,044
	CENTRAL AMERICA	0	PROGRAM SERVICES	MARKETING	3,846
	EUROPE (INCLUDING ICELAND & GREENLAND)	0	PROGRAM SERVICES	MARKETING	14,700
	MIDDLE EAST AND NORTH AFRICA	0	PROGRAM SERVICES	MARKETING	77,674
	SOUTH AMERICA	0	PROGRAM SERVICES	MARKETING	77,502
	SOUTH ASIA	0	PROGRAM SERVICES	MARKETING	51,472
	EUROPE (INCLUDING ICELAND & GREENLAND)	0	PROGRAM SERVICES	SERVICE FEES	42,545
	EAST ASIA AND THE PACIFIC	0	INVESTMENT IN ARC JAPAN		123,005
	SOUTH ASIA	0	INVESTMENT IN GREEN BUSINESS CERTIFICATION		651,342
3a	Sub-total ....	16			2,176,774
b	Total from continuation sheets to Part I ...	0			1,226,126
c	Totals (add lines 3a and 3b)	16			3,402,900

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) (Rev. 1-2025)