Workers Lab Inc
- Assets
- $382.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 35-2660618
Organization Overview
Workers Lab Inc is located in Oakland, CA. The organization was established in 2019. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workers Lab Inc 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, Workers Lab Inc generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (51.7%) each year. All expenses for the organization totaled $4.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (51.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE WORKERS LAB INC WAS PRIMARILY INACTIVE DURING 2021 WHILE WAITING FOR THE COMPLETION OF A MERGER WITH A RELATED ORGANIZATION, PLANNED, BUT NOT COMPLETED IN 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Fuller Treasurer | 0.03 | $0 | |
Carmen Rojas Vice President | 0.03 | $0 | |
David Rolf President | 0.03 | $0 | |
Margot Brandenburg Secretary | 0.03 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $106 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,111 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,467 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $781 |
| Total expenses | $4,248 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,080 |
| Other assets | $0 |
| Total assets | $382,080 |
| Total liabilities | $0 |
| Net assets or fund balances | $382,080 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Workers Lab Inc has recieved totaling $15,207.
| Awarding Organization | Amount |
|---|---|
Workers Lab Oakland, CA PURPOSE: Administrative Costs | $15,207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Emerging Technology Fund Concord, CA | $35,282,028 | $1,248,904 |
Northeast Graffiti Busters Sun Valley, CA | $817,065 | $2,704,184 |
California Association For Microenterprise Opportunity San Francisco, CA | $2,292,930 | $2,410,001 |
Kakoo Oiwi Kaneohe, HI | $1,261,601 | $1,392,855 |
John And Ginger Niemeyer Foundation Portland, OR | $159,857 | $300,866 |
Northern California Allied Trades Emeryville, CA | $168,752 | $814,434 |
Launchpad Development Five Llc Redwood City, CA | $8,071,814 | $746,991 |
Mcsweeny Farms Community Association Canyon Lake, CA | $1,155,887 | $728,568 |
Redding Tourism Marketing Group Inc Anderson, CA | $1,902,850 | $1,121,807 |
Thrive Alliance Redwood City, CA | $209,347 | $486,186 |
Nor Cal Rental Property Association Inc Stockton, CA | $458,634 | $496,721 |
Chico State Construction Management Education Foundation Chico, CA | $1,236,830 | $401,156 |