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Passes our checks

Boardready

EIN 83-3530731 · Seattle, WA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair65 out of 100GovernanceGood75 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROVIDING EDUCATIONAL RESOURCES AND OPPORTUNITIES TO QUALIFIED AND DIVERSE BOARD CANDIDATES IN ORDER TO EXPAND NETWORKS IN CORPORATE BOARDROOMS

Income
$286,289
Spending
$172,673
Spent on programs
74%
Reserves
2.6 months of spending
Largest source of income
donations and private grants, 84%
Employees
0
Volunteers
15

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 65 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 2.6 months of spending.

  • Debt

    10 of 20

    It owes 46% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 40% of income.

  • Income trend

    15 of 15

    Income rose 367% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 75 out of 100.

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $128,423 spent. Board Engagement Services: BoardReady provides board engagement services that connect organizations with highly qualified, board-ready executives for corporate board roles. Through a structured process that includes discovery, candidate identification, and facilitated introductions, BoardReady supports companies in expanding their networks beyond traditional channels to identify candidates with relevant expertise and experience. During the year, BoardReady supported approximately 12 client engagements, providing curated shortlists of 5-7 candidates per search and facilitating introductions between organizations and prospective board members. These services benefited both client organizations seeking to strengthen board composition and executives pursuing board service opportunities. TalentVault Resources: TalentVault is BoardReadys curated network of board-ready executives, designed to expand access to board opportunities and support individuals in navigating pathways to the boardroom. Members include senior leaders across industries, many of whom have prior board or C-suite experience. During the year, we grew our TalentVault by over 250 members. BoardReady supported these individuals through programming, introductions to board opportunities, and ongoing engagement with corporate clients. Approximately 525 individuals were directly engaged through board opportunities, events, or programming, benefiting from increased visibility and access to board service. Research: BoardReady conducts research and develops thought leadership focused on board composition, governance trends, and inclusionary practices that contribute to effective boardrooms. This work is designed to inform both organizations and executives and to elevate best practices in board governance. During the year, BoardReady produced 1 research report and engaged approximately 50 public company board directors through interviews related to this work.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2022 for not filing returns for three years, and reinstated on April 15, 2024.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.