Falling Colors

Certified B Corporation
Headquarters

New Mexico, United States

Certified Since

April 2020

Sector

Service with Minor Environmental Footprint

Operates In

United States

Falling Colors offers an end-to-end solution for the administration of public, private, and charitable funds. With a team that brings together expertise in financial management, software design, data science, and social impact, they are dedicated to using technology to improve the social determinants of health. Their configurable, cloud-based software supports fund distribution, financial services, outcome measurement, data analytics, and business process consulting. Their goal is to bring transparency and data-informed decision-making to all projects for social good, with projects ranging from behavioral health to economic development; from emergency fund distribution to agriculture. By distributing funds with transparency, accountability, real-time data, and a quick turn around on payments, they enable their partners to focus on their mission, understand the impact of every dollar, and use outcome data to refine, improve, and advocate for their recipients. Beyond providing transparency and insight, they believe a well-administered project should ease their partners’ day-to-day. Their software is easy to use and through webinars, one-on-one trainings, site visits, and customized data and dashboards for each stakeholder, they support best practice at every level of a program.

Overall B Impact Score

Based on the B Impact assessment, Falling Colors earned an overall score of 131.4. The median score for ordinary businesses who complete the assessment is currently 50.9.
131.4
131.4 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 9.6

The Governance Impact Area evaluates a company's overall mission, engagement around its social and environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement1.9
Ethics & Transparency5.1
+ Mission Locked2.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 35.4

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security14.3
Health, Wellness, & Safety9.6
Career Development5.4
Engagement & Satisfaction4.6

Community 30.9

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and inclusion; economic impact; civic engagement; charitable giving; and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion8.3
Economic Impact8.0
Civic Engagement & Giving10.2
Supply Chain Management1.0
+ Local Economic Development0

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Environment 6.0

The Environment Impact Area evaluates a company's overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company's operations and, when applicable, its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management2.6
Air & Climate0.4
Water0.0
Land & Life3.0

Customers 49.3

The Customers Impact Area evaluates a company's stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship4.6
+ Support for Underserved/Purpose Driven Enterprises15.5
+ Serving in Need Populations29.1

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.



Previous Overall B Impact Scores

2020 Overall B Impact Score131.4

Best for the World

Each year, B Lab releases lists honoring the top-performing Certified B Corporations overall as well as within each Impact Area.


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