SOCIAL GOOD LABS INCORPORATED (EIN 274541012) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ERIC FACAS

Phone

4157795446

Tax Period

2022-01-01 to 2022-12-31

SOCIAL GOOD LABS INCORPORATED, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2022. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $733K, a strong 51% operating margin.

Mission

TO HELP NEW NONPROFITS AND CHARITABLE PROJECTS LAUNCH AND GROW.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,417,041

Program Service Revenue $25,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,442,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $687,916

Other Expenses $709,417

TOTAL EXPENSES $709,417

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,442,541	$638,259	+1.3%
Expenses	$709,417	$167,908	+3.2%
Net Income	$733,124	$470,351	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC FACAS	PRESIDENT & CEO	2.00	Officer Director	$0	$0	$0
DAVID LANG	SECRETARY	2.00	Officer Director	$0	$0	$0
JUSTIN LOKITZ	TREASURER	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$1,442,541	$709,417	$1,532,747	$733,124
2021	$638,259	$167,908	$799,623	$470,351
2020	$137,087	$144,237	$329,272	$-7,150
2019	$454,428	$236,087	$336,422	$218,341
2018	$259,684	$205,498	$118,081	$54,186

SOCIAL GOOD LABS INCORPORATED