Behavioral Ideas Lab Inc
- Assets
- $30.5m
- Revenue
- $14.3m
- Investments
- $0.0
- Employees
- 124
- Location
- New York, NY
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 27-1678009
Organization Overview
Behavioral Ideas Lab Inc, operating under the name Ideas42, is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (V20) the organization is classified as: Social Science, under the broad grouping of Social Science and related organizations. As of 12/2022, Ideas42 employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ideas42 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 12/2022, Ideas42 generated $14.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $17.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ideas42 has awarded 22 individual grants totaling $2,058,829. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDEAS42 IS: EDUCATING LEADERS AND DECISION MAKERS IN GOVERNMENT, BUSINESS, PHILANTHROPY AND THE NON-PROFIT SECTOR, IN THE POWER OF BEHAVIORAL SCIENCE THINKING AND HOW TO APPLY IT IN THE REAL WORLD FOR SOCIAL GOOD; ASSISTING PARTNERS IN APPLYING BEHAVIORAL SCIENCE TO CREATE INNOVATIVE SOLUTIONS WHICH IMPROVE EXISTING PROGRAMS, POLICIES, OR PRODUCTS THAT HAVE A SOCIAL GOOD OBJECTIVE; AND USING BEHAVIORAL INSIGHTS TO INVENT NEW PRODUCTS, VENTURES, OR PROGRAMS THAT HAVE A SOCIAL GOOD OBJECTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Lloyd Wright Chief Executive Director | OfficerTrustee | 40 | $235,867 |
Piyush Tantia Chief Innovation Officer | OfficerTrustee | 40 | $161,267 |
Eldar Shafir President/treasurer | OfficerTrustee | 2 | $0 |
Antoinette Schoar Secretary | OfficerTrustee | 1 | $0 |
Diana Taylor Director | Trustee | 1 | $0 |
English Sall Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grinstead Design Collective Ltd Graphic Design Services | 12/30/22 | $140,578 |
Fy Eye Inc Outreach Mat'l Creation | 12/30/22 | $182,000 |
Jmk Consulting Limited Quantitative Survey Services | 12/30/22 | $137,646 |
Gelman Rosenberg And Freedman Audit & Tax Services | 12/30/22 | $109,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,801 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,590,087 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,781,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,434,279 |
| Total Program Service Revenue | $5,832,938 |
| Investment income | $7,561 |
| 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 | $14,305,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $224,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $36,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,956,264 |
| Compensation of current officers, directors, key employees. | $673,416 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,004,120 |
| Pension plan accruals and contributions | $206,363 |
| Other employee benefits | $1,716,330 |
| Payroll taxes | $844,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,488 |
| Fees for services: Accounting | $36,858 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10 |
| Fees for services: Other | $1,445,961 |
| Advertising and promotion | $0 |
| Office expenses | $120,670 |
| Information technology | $265,598 |
| Royalties | $0 |
| Occupancy | $832,200 |
| Travel | $278,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,061 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,577 |
| Insurance | $134,268 |
| All other expenses | $66,410 |
| Total functional expenses | $17,104,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,744,218 |
| Savings and temporary cash investments | $9,048,399 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,943,020 |
| 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 | $185,983 |
| Net Land, buildings, and equipment | $162,002 |
| Investments—publicly traded securities | $1,503,075 |
| Investments—other securities | $0 |
| Investments—program-related | $7,558,903 |
| Intangible assets | $0 |
| Other assets | $3,401,000 |
| Total assets | $30,546,600 |
| Accounts payable and accrued expenses | $637,106 |
| Grants payable | $0 |
| Deferred revenue | $603,402 |
| 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 | $3,503,116 |
| Total liabilities | $4,743,624 |
| Net assets without donor restrictions | $13,496,922 |
| Net assets with donor restrictions | $12,306,054 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $30,546,600 |
Grants Awarded
Over the last fiscal year, Behavioral Ideas Lab Inc has awarded $204,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH SEATTLE COMMUNITY COLLEGE FOUNDATION PURPOSE: IMPLEMENTATION PARTNER | $34,000 |
CONSUMER CREDIT COUNSELING SERVICE OF MARYLAND AND DELAWARE INC PURPOSE: IMPLEMENTATION PARTNER | $34,000 |
CONSUMER EDUCATION SERVICES INC PURPOSE: IMPLEMENTATION PARTNER | $34,000 |
LUTHERAN SOCIAL SERVICES OF MINNESOTA PURPOSE: IMPLEMENTATION PARTNER | $34,000 |
TAKE CHARGE AMERICA INC PURPOSE: IMPLEMENTATION PARTNER | $34,000 |
GARDEN STATE CONSUMER CREDIT COUNSELING INC PURPOSE: IMPLEMENTATION PARTNER | $34,000 |