My Green Lab Corp
- Assets
- $1.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 13
- Location
- San Diego, CA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-2860098
Organization Overview
My Green Lab Corp is located in San Diego, CA. The organization was established in 2014. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2022, My Green Lab Corp employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Green Lab Corp 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, My Green Lab Corp generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 39.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MY GREEN LAB WORKS TO REDUCE THE ENVIRONMENTAL IMPACT OF RESEARCH LABORATORIES THROUGH THE REDUCTION OF ENERGY, WATER, WASTE, AND TOXIC CHEMICAL USE. WE EDUCATE SCIENTISTS AND DEVELOP THE STANDARDS BY WHICH ALL LABS SHOULD OPERATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEN LAB CERTIFICATION: MY GREEN LAB OPERATES THE WORLD'S LEADING CERTIFICATION PROGRAM FOR OPERATIONAL LABORATORY SUSTAINABILITY, MY GREEN LAB CERTIFICATION. AT THE END OF 2022, WE WERE WORKING WITH NEARLY 1,500 LABS AND OVER 15,000 SCIENTISTS GLOBALLY. WE WERE WORKING WITH 25 OF THE TOP 30 BIOTECH AND PHARMACEUTICAL CORPORATIONS BY REVENUE AND OVER 200 ORGANIZATIONS IN TOTAL. LEADING RESEARCH INSTITUTIONS AND UNIVERSITIES WERE WORKING WITH MY GREEN LAB TO BUILD AND OPERATE GREEN LAB PROGRAMS, ENSURING THE LONGEVITY OF OUR IMPACT.
ACT LABELS: MY GREEN LAB ESTABLISHED THE FIRST ECO-LABEL FOR LABORATORY PRODUCTS AT THE END OF 2017. IN 2022 WE WORKED WITH MANUFACTURERS AND LIFE SCIENCE ORGANIZATIONS TO PROMOTE SUSTAINABLE PROCUREMENT IN LABORATORIES. AT THE END OF 2022 WE HAD PUBLISHED OVER 2,500 ACT LABELS REPRESENTING OVER 1,000 LAB PRODUCTS. WE ALSO DEVELOPED THE CAPACITY FOR ORGANIZATIONS TO CONNECT THE ACT DATABASE INTO THEIR PROCUREMENT WORKFLOW VIA AN OPEN API, AND MADE MEANINGFUL IMPROVEMENTS TO THE USER EXPERIENCE OF THE ACT DATABASE.
GREEN LAB OUTREACH: MY GREEN LAB PROVIDES CLEAR, COMPREHENSIVE INFORMATION TO OUR GLOBAL COMMUNITY ABOUT BEST PRACTICES FOR SUSTAINABILITY IN THE LAB. IN 2022, MY GREEN LAB CERTIFICATION BECAME RECOGNIZED BY AASHE, THE PROFESSIONAL HIGHER EDUCATION ASSOCIATION FOR THE UNIVERSITY SUSTAINABILITY COMMUNITY AND OPERATOR OF THE STARS PROGRAM, AND WAS NAMED AS A KEY INDICATOR OF PROGRESS IN THE UNITED NATIONS RACE TO ZERO CAMPAIGN. MY GREEN LAB REACHED NEARLY 20,000 PEOPLE WITH OUR NEWSLETTERS, RECRUITED NEARLY 3,000 AMBASSADORS, AND PRESENTED AT 80 GLOBAL PROFESSIONAL CONFERENCES AND EVENTS, INCLUDING THE UN CONFERENCE OF PARTIES (COP27). WE HOSTED TWO SUCCESSFUL ONLINE INTERNATIONAL CONFERENCES, THE MY GREEN LAB GLOBAL SUMMIT AND MY GREEN LAB EUROPEAN SUMMIT, WITH A COMBINED ATTENDANCE OF OVER 1250 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Connelly Ceo/secretary | OfficerTrustee | 60 | $232,500 |
Sam Wright COO | Officer | 60 | $180,000 |
Rachael Relph Cso | Officer | 60 | $64,498 |
Adam Zirkin President | OfficerTrustee | 2 | $0 |
Neill Lane Treasurer | OfficerTrustee | 2 | $0 |
Jeffrey Whitford Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Altruist Financial Modeling | 12/30/22 | $140,283 |
Sms Collaborative Llc Act Auditing | 12/30/22 | $281,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,390,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,440,100 |
| Total Program Service Revenue | $1,243,059 |
| 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 | $2,692,543 |
| 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. | $532,893 |
| Compensation of current officers, directors, key employees. | $105,457 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $905,857 |
| Pension plan accruals and contributions | $36,394 |
| Other employee benefits | $59,790 |
| Payroll taxes | $98,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,092 |
| Fees for services: Accounting | $22,139 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $610,415 |
| Advertising and promotion | $113,591 |
| Office expenses | $81,373 |
| Information technology | $51,875 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $139,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,659 |
| Interest | $2,616 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,410 |
| All other expenses | $0 |
| Total functional expenses | $2,801,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $415,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,050 |
| Accounts receivable, net | $646,687 |
| 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 | $46,572 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,209,208 |
| Accounts payable and accrued expenses | $310,672 |
| Grants payable | $0 |
| Deferred revenue | $584,979 |
| 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 | $2,585 |
| Other liabilities | $0 |
| Total liabilities | $898,236 |
| Net assets without donor restrictions | $67,972 |
| Net assets with donor restrictions | $243,000 |
| 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 | $1,209,208 |