MY GREEN LAB

EIN: 462860098 501(c)(3) Environment

SAN DIEGO, CA

Total Revenue
$2,659,665
Total Expenses
$3,485,751
Total Assets
$1,842,153
Net Assets
$-515,114
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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
2013
Legal Domicile
CA
Principal Officer
JAMES CONNELLY
Phone
4243541494
Tax Period
2023-01-01 to 2023-12-31

MY GREEN LAB, founded in 2013, is a community nonprofit in the Environment sector that reported $2.7M in total revenue in fiscal year 2023. Expenses of $3.5M exceeded revenue, resulting in a 31% operating deficit.

Mission

MY GREEN LAB'S MISSION IS TO BUILD A CULTURE OF SUSTAINABILITY IN SCIENCE TO TRANSFORM THE INDUSTRY INTO A GLOBAL LEADER ON ENVIRONMENTAL SUSTAINABILITY. THROUGH EDUCATION, COMMUNITY ENGAGEMENT, AND LEADING-EDGE CERTIFICATION PROGRAMS, WE ARE BUILDING A GLOBAL CULTURE OF SUSTAINABILITY IN SCIENCE TO TRANSFORM THE RESEARCH COMMUNITY INTO A GLOBAL LEADER ON ENVIRONMENTAL SUSTAINABILITY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $526,658
Program Service Revenue $2,129,078
Investment Income $295
Other Revenue $3,634
TOTAL REVENUE $2,659,665

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,058,119
Fundraising Expenses $193,348
Program Expenses $2,660,325
Other Expenses $1,420,132
TOTAL EXPENSES $3,485,751

Year-over-Year Comparison

2023 2022 Change
Revenue $2,659,665 $2,692,543 0.0%
Expenses $3,485,751 $2,801,461 +0.2%
Net Income $-826,086 $-108,918 +6.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
13
Volunteers
5

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
4
$368,654
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM ZIRKIN PRESIDENT 2.00
Officer Director
$0 $0 $0
NEILL LANE TREASURER 2.00
Officer Director
$0 $0 $0
JEFFREY WHITFORD BOARD MEMBER 1.00
Director
$0 $0 $0
CAITLIN QUIGLEY BOARD MEMBER 1.00
Director
$0 $0 $0
PENNY JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES CONNELLY CEO & SECRETARY 60.00
Officer
$186,000 $20,664 $206,664
SAM WRIGHT COO 60.00
Officer
$144,000 $17,990 $161,990
RYAN ARNOLD VP OF INVESTMENTS AND PARTNERSHIPS 50.00
Highest
$115,000 $7,620 $122,620
SCOTT GRANT SENIOR DIRECTOR OF PROGRAMS 50.00
Highest
$110,000 $26,957 $136,957
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 $2,659,665 $3,485,751 $1,842,153 $-826,086
2022 $2,692,543 $2,801,461 $1,209,208 $-108,918
2021 $1,552,894 $1,401,250 $818,450 $151,644
2020 $1,037,611 $808,408 $372,491 $229,203
2019 $555,410 $450,693 $132,068 $104,717
2018 $281,471 $256,551 $54,656 $24,920
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