METROLAB NETWORK INC

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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

2017

Legal Domicile

Principal Officer

DANIEL CORREA

Phone

9136450713

Tax Period

2024-01-01 to 2024-12-31

METROLAB NETWORK INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $697K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $889K exceeded revenue, resulting in a 28% operating deficit.

Mission

METROLAB NETWORK IS A NON-PROFIT THAT DRIVES POSITIVE IMPACT IN COMMUNITIES BY EMPOWERING COLLABORATION BETWEEN TWO CRITICAL PUBLIC INSTITUTIONS: LOCAL GOVERNMENT AND UNIVERSITIES. THE CHALLENGES CITIES AND COUNTIES FACE ARE COMPLEX, AND TO CREATE TRANSFORMATIVE CHANGE METROLAB BRINGS TOGETHER AN ECOSYSTEM OF RESEARCH AND DOERS.

Program Service Accomplishments

Program 1

Expenses: $587,449

NSF CIVIC INNOVATION CHALLENGE: THE CIVIC INNOVATION CHALLENGE IS A RESEARCH AND ACTION COMPETITION LED BY THE NATIONAL SCIENCE FOUNDATION THAT AIMS TO FUND READY-TO-IMPLEMENT, RESEARCH-BASED PILOT PROJECTS THAT HAVE THE POTENTIAL FOR SCALABLE, SUSTAINABLE, AND TRANSFERABLE IMPACT ON COMMUNITY-IDENTIFIED PRIORITIES. METROLAB NETWORK SERVES AS THE OUTREACH BUILDER AND COMMUNITY-OF-PRACTICE ORGANIZER FOR THE CHALLENGE.

Program 2

Expenses: $142,878

POLICY DEVELOPMENT:METROLAB'S FOCUS ON DEVELOPING POLICY AND BEST PRACTICES FOR LOCAL GOVERNMENTS INCLUDES TWO SPECIFIC PROGRAMS. FIRST IS DATA GOVERNANCE. METROLAB RECEIVED SUPPORT TO WORKSHOP BEST PRACTICES IN LOCAL GOVERNMENT DATA GOVERNMENT FRAMEWORKS. WE ALSO ARE DEVELOPING A LOCAL GOVERNMENT R&D AGENDA: A WAY IN WHICH WE CAN IDENTIFY THE RESEARCH NEEDS AND KNOWLEDGE GAPS OF CITIES AND COUNTIES.

Program 3

Expenses: $52,803

MOBILITY COE PROGRAM: FOR THE PAST 19 MONTHS, METROLAB NETWORK HAS BEEN WORKING WITH THE UNIVERSITY OF CALIFORNIA, LOS ANGELES, AND OTHER PARTNERS (INCLUDING CARNEGIE MELLON UNIVERSITY, THE...

MOBILITY COE PROGRAM: FOR THE PAST 19 MONTHS, METROLAB NETWORK HAS BEEN WORKING WITH THE UNIVERSITY OF CALIFORNIA, LOS ANGELES, AND OTHER PARTNERS (INCLUDING CARNEGIE MELLON UNIVERSITY, THE UNIVERSITY OF ALABAMA, SHARED-USE MOBILITY CENTER, AND NATIONAL RENEWABLE ENERGY LABORATORY) ON THE FEDERAL HIGHWAY ADMINISTRATION'S CENTER OF EXCELLENCE ON NEW MOBILITY AND AUTOMATED VEHICLES (MOBILITY COE). THE AWARD IS SUPPORTING RESEARCH ON THE IMPACTS OF NEW MOBILITY TECHNOLOGIES AND HIGHLY AUTOMATED VEHICLES ON THE EVOLVING TRANSPORTATION SYSTEM WHEN DEPLOYED AT SCALE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $662,367

Program Service Revenue $33,272

Investment Income $1,699

Other Revenue $0

TOTAL REVENUE $697,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $557,782

Fundraising Expenses $4,008

Program Expenses $831,070

Other Expenses $331,634

TOTAL EXPENSES $889,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$697,338	$1,140,128	-0.4%
Expenses	$889,416	$715,902	+0.2%
Net Income	$-192,078	$424,226	-1.5%

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

Volunteers

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

$162,016

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHARINE LUSK	SECRETARY	1.00	Officer Director	$0	$0	$0
EMILY YATES	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL CORREA	CHAIR	1.00	Officer Director	$0	$0	$0
KAREN LIGHTMAN	TREASURER	1.00	Officer Director	$0	$0	$0
TOM SCHENK	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KATE BURNS	EXECUTIVE DIRECTOR	40.00	Officer	$138,654	$23,362	$162,016

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	$697,338	$889,416	$869,706	$-192,078
2023	$1,140,128	$715,902	$1,104,641	$424,226
2022	$616,899	$617,312	$685,455	$-413
2021	$563,254	$568,942	$720,587	$-5,688
2020	$942,665	$596,810	$781,843	$345,855
2019	$423,010	$262,433	$604,963	$160,577