CIV LAB INC

EIN: 822856371 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$2,794,646
Total Expenses
$1,958,349
Total Assets
$2,291,732
Net Assets
$2,278,957
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
Jay Taparia
Phone
6308813900
Tax Period
2023-01-01 to 2023-12-31

CIV LAB INC, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $836K, a strong 30% operating margin.

Mission

CIV:LAB connects local actors with the resources and funding required to launch bold responses to the threats of climate change. CIV:LAB aims to expand the climate workforce, educate future climate leaders, accelerate industrial decarbonization, and provide aid to the organizations that are taking action against climate change in their own communities.

Program Service Accomplishments

Program 1
Expenses: $1,374,303

Climate Fund I & Community Co-Labs - an intermediary fund comprising corporate and philanthropic giving and government capital designed to set up local Community Climate Funds and support climate...

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Climate Fund I & Community Co-Labs - an intermediary fund comprising corporate and philanthropic giving and government capital designed to set up local Community Climate Funds and support climate impact at the community/local level through grantmaking and leveraging cities as hubs. For NYC: two rounds of grant funding (totaling $500,000 given out between Winter 2022 and Fall 2023). For Michigan: One round of grant funding (total of $500,000) given out in Summer 2023.

Program 2
Expenses: $284,269

NYS Small Business Services Small BID (Business Improvement District) Data Project - a grant- funded project, supported by the NYC Department of Small Business Services (SBS), in which Civ Lab...

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NYS Small Business Services Small BID (Business Improvement District) Data Project - a grant- funded project, supported by the NYC Department of Small Business Services (SBS), in which Civ Lab partnered with two technical subcontractors (Urban Logiq & Ginkgo) to develop an online platform for NYCs small ($1 million in annual operating funds) Business Improvement Districts (BIDs). This platform, the NYC Places Data Hub, offers BIDs ground-level intelligence about their commercial districts and neighborhoods and what makes their BID attractive to prospective and current customers and businesses. This platform offers a system that can provide BIDs with economic development and climate & mobility insights into their neighborhoods, allowing for the visualization of data and mapping in such a way that it facilitates trend spotting and the generation of reports that can communicate local challenges and successes, identify needs for operational shifts, or advocate for expanded programs or services.

Program 3
Expenses: $96,827 Revenue: $179,463

Urban Tech Summit (formerly known as SmartCities New York) - the Urban Tech Summit is an annual event that takes place in partnership with Cornell Tech and Emergence Creative. The summit is a leading...

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Urban Tech Summit (formerly known as SmartCities New York) - the Urban Tech Summit is an annual event that takes place in partnership with Cornell Tech and Emergence Creative. The summit is a leading global event that brings together leaders from across industries and sectors to explore the emerging influence of technologies in shaping the future. For the third year partnering with the Jacobs Urban Tech Hub at Cornell Tech and Emergence Creative, Civ Lab put together Cities: The Ultimate Decarbonization Technology, which gathered over 360 attendees across two days to discuss decarbonization technology with a shared commitment to building a more sustainable, equitable energy grid for a resilient future. This event served as a testament to the fact that while global challenges can appear insurmountable, meaningful change often commences at the local level.

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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 $2,607,892
Program Service Revenue $186,754
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,794,646

Expense Breakdown

Grants Paid $1,059,808
Salaries & Benefits $337,747
Fundraising Expenses $0
Program Expenses $1,792,419
Other Expenses $560,794
TOTAL EXPENSES $1,958,349

Year-over-Year Comparison

2023 2022 Change
Revenue $2,794,646 $1,856,128 +0.5%
Expenses $1,958,349 $522,845 +2.7%
Net Income $836,297 $1,333,283 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
3
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
2
$256,514
Total Directors
3
$200,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Simon Sylvester-Chaudhuri Executive Dir. 60.00
Officer Director
$200,000 $0 $200,000
Jay Taparia CFO 20.00
Officer
$56,514 $0 $56,514
Carolyn Kissane Member 2.00
Director
$0 $0 $0
Matt Tomich Member 2.00
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 $2,794,646 $1,958,349 $2,291,732 $836,297
2022 $1,856,128 $522,845 $1,455,585 $1,333,283
2021 $185,749 $165,802 $52,448 $19,947
2020 $214,225 $158,596 $33,525 $55,629
2019 $145,530 $167,634 $12,601 $-22,104
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