UNLAB INC (EIN 832430934) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

CHARLES CHASE

Phone

8184725756

Tax Period

2024-01-01 to 2024-12-31

UNLAB INC, founded in 2016, is a micro nonprofit in the Science & Technology sector that reported $19K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $58K exceeded revenue, resulting in a 210% operating deficit.

Mission

THE UNLAB IS DEDICATED TO REPRESENTING AND SPEAKING FOR THE IDEAS THEMSELVES. OUR GOAL IS TO HELP TURN BREAKTHROUGH SCIENCE INTO DISRUPTIVE TECHNOLOGIES FOR OUR NATION, ALL PEOPLE AND THE PLANET.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,596

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $18,596

Expense Breakdown

Grants Paid $30,642

Salaries & Benefits $1,242

Fundraising Expenses $0

Program Expenses $37,585

Other Expenses $25,810

TOTAL EXPENSES $57,694

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,596	$277,046	-0.9%
Expenses	$57,694	$224,403	-0.7%
Net Income	$-39,098	$52,643	-1.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

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
CATHERINE MCKINNON	DIRECTOR	40.00	Director	$0	$0	$0
CHARLES CHASE	PRESIDENT	40.00	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	$18,596	$57,694	$15,007	$-39,098
2023	$277,046	$224,403	$54,105	$52,643
2022	$143,992	$346,018	$19,408	$-202,026
2021	$937,058	$843,115	$216,434	$93,943
2020	$462,300	$568,473	$47,139	$-106,173
2019	$275,500	$243,332	$32,453	$32,168

UNLAB INC