Social Good Labs Incorporated
- Assets
- $799.6k
- Revenue
- $638.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Princeville, HI
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-4541012
Organization Overview
Social Good Labs Incorporated is located in Princeville, HI. The organization was established in 2011. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Good Labs Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Social Good Labs Incorporated generated $638.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $167.9k during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP NEW NONPROFITS AND CHARITABLE PROJECTS LAUNCH AND GROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A KURDISH CULTURE EDUCATION PROJECT (THEKURDISHPROJECT.ORG) WITH FISCAL SPONSORSHIP.
THE CAPACITY SHOP'S MISSION IS TO CONNECT EMERGENT, DIVERSE PROGRESSIVE ORGANIZATIONS WITH THE RESOURCES, TRAINING, EXPERTISE, AND TECHNICAL ASSISTANCE THEY NEED TO BUILD STRONG ORGANIZATIONS, REACH SCALE, AND MAXIMIZE IMPACT. (WWW.THECAPACITYSHOP.ORG)
EXPERIMENT FOUNDATION AIMS TO PROTECT AND RESTORE THE NATURAL WORLD BY EMPOWERING CITIZEN SCIENTISTS AND CONSERVATION LEADERS ON THE FRONT LINES. IT IS A PLATFORM FOR CITIZEN SCIENCE EXPERIENCES, AND A CONNECTION BETWEEN SMALL, HIGH-IMPACT TEAMS AND LARGER PHILANTHROPIC ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Facas President & CEO | OfficerTrustee | 2 | $0 |
Justin Lokitz Treasurer | OfficerTrustee | 2 | $0 |
David Lang Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $638,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $638,259 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $638,259 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,490 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,602 |
| Advertising and promotion | $25,411 |
| Office expenses | $1,526 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,666 |
| Insurance | $979 |
| All other expenses | $47 |
| Total functional expenses | $167,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $788,789 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,834 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $799,623 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $799,623 |
| Total liabilities and net assets/fund balances | $799,623 |
Grants Awarded
Over the last fiscal year, Social Good Labs Incorporated has awarded $4,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Berkeley, CA PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE. | $4,000 |
Portsmouth, NH PURPOSE: TO FURTHER THEIR EXEMPT PURPOSE. | $500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Social Good Labs Incorporated has recieved totaling $272,200.
| Awarding Organization | Amount |
|---|---|
Edward Charles Foundation Beverly Hills, CA PURPOSE: CHARITABLE GIFT | $197,200 |
Ford Foundation New York, NY PURPOSE: ONE-TIME PROJECT SUPPORT TO CREATE A TEMPORARY LEARNING COMMUNITY AMONG CAPACITY BUILDING SPECIALISTS FOCUSED ON THE SKILLS, KNOWLEDGE, AND RESOURCES TO HELP MULTI-ENTITY ORGANIZATIONS | $55,000 |
Amalgamated Charitable Foundation Inc Washington, DC PURPOSE: General operating support | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rockwood Leadership Institute Oakland, CA | $10,080,885 | $11,124,297 |
Grantmakers Concerned With Immigrants And Refugees Petaluma, CA | $4,788,688 | $4,336,686 |
Catalyst Of San Diego & Imperial Counties San Diego, CA | $7,738,471 | $2,813,093 |
Cocatalyst Impact Inc Palo Alto, CA | $255,124 | $1,188,952 |
Tides Two Rivers Fund San Francisco, CA | $10,075,480 | $1,337,806 |
Liferay Foundation Diamond Bar, CA | $4,622,598 | $1,105,729 |
Global Philanthropy Foundation Santa Monica, CA | $49,981 | $4,927 |
Project High Hopes Escondido, CA | $275,148 | -$21,824 |
Social Good Labs Incorporated Princeville, HI | $799,623 | $638,259 |
The Broitman Foundation Inc Berkeley, CA | $1,336,885 | $224,985 |
Zhang&cong Family Foundation Milpitas, CA | $0 | $0 |
Good Squared Inc Sunnyvale, CA | $4,807 | $0 |