US GOOD BUSINESS LAB FOUNDATION

EIN: 824402495 501(c)(3) Social Science

ANN ARBOR, MI

Total Revenue
$937,060
Total Expenses
$882,832
Total Assets
$2,682,141
Net Assets
$103,126
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DE
Principal Officer
ACHYUTA RASENDRA ADHVARYU
Phone
7342100899
Tax Period
2024-01-01 to 2024-12-31

US GOOD BUSINESS LAB FOUNDATION, founded in 2018, is a small nonprofit in the Social Science sector that reported $937K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $883K left a modest 6% surplus.

Mission

OUR MISSION IS TO LEAD TO IMPROVE THE LIVES OF LOW INCOME WORKERS. WE DESIGN AND TEST EVIDENCE-BASED SOLUTIONS FOR WELL-BEING AND ECONOMIC STABILITY, AND PROMOTE THE ADOPTION OF EFFECTIVE PRACTICES THAT CREATE DIGNIFIED AND INCLUSIVE WORK ENVIRONMENTS. WE USE RIGOROUS RESEARCH METHODS TO FIND A COMMON GROUND BETWEEN WORKER WELLBEING AND BUSINESS INTERESTS. WE BELIEVE THAT BUILDING CASE TO SUPPORT BETTER CONDITIONS FOR WORKERS IS THE MOST SUSTAINABLE WAY TO TRANSFORM LABOR MARKETS AND ENABLE LOW INCOME WORKERS TO LIVE DIGNIFIED LIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $882,411
Program Service Revenue $54,609
Investment Income $0
Other Revenue $40
TOTAL REVENUE $937,060

Expense Breakdown

Grants Paid $187,709
Salaries & Benefits $565,108
Fundraising Expenses $0
Program Expenses $791,791
Other Expenses $130,015
TOTAL EXPENSES $882,832

Year-over-Year Comparison

2024 2023 Change
Revenue $937,060 $686,055 +0.4%
Expenses $882,832 $501,741 +0.8%
Net Income $54,228 $184,314 -0.7%
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
4
Employees
4
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
4
$215,036
Total Directors
5
$98,037
Key Employees
1
$223,128
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIRMAL DESHPANDE MANAGING DIR 38.50
Key Emp
$218,577 $4,551 $223,128
MAMTA PIMOLI VENTURE AD/S 38.50
Officer
$114,250 $2,749 $116,999
ACHYUTA RASENDRA ADHVARYU PRESIDENT AN 20.00
Officer Director
$98,037 $0 $98,037
ANAND MUTHURAM ANBALGAN DIRECTOR N/A
Director
$0 $0 $0
ARUN MATHEN MATHEW DIRECTOR N/A
Director
$0 $0 $0
ANANT NARAIN NYSHADHAM CHIEF OPERAT 20.00
Officer Director
$0 $0 $0
ATHEENDAR SIVABALA VENKATARAMANI DIRECTOR N/A
Director
$0 $0 $0
LAVANYA GARG TREASURER N/A
Officer
$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 $937,060 $882,832 $2,682,141 $54,228
2023 $687,548 $505,068 $4,424,388 $182,480
2023 $686,055 $501,741 $4,424,387 $184,314
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