CARBON CONTAINMENT LAB INC

EIN: 934853247 501(c)(3) Science & Technology

NEW HAVEN, CT

Total Revenue
$6,164,854
Total Expenses
$2,367,711
Total Assets
$3,908,498
Net Assets
$3,797,143
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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
2023
Legal Domicile
CT
Principal Officer
DEAN TAKAHASHI
Phone
4753310873
Tax Period
2024-01-01 to 2024-12-31

CARBON CONTAINMENT LAB INC, founded in 2023, is a community nonprofit in the Science & Technology sector that reported $6.2M in total revenue in fiscal year 2024. The organization ran a surplus of $3.8M, a strong 62% operating margin.

Mission

THE CARBON CONTAINMENT LAB (CC LAB) IS A PUBLIC CHARITY ADVANCING RESEARCH AND EDUCATION FOR A PUBLIC BENEFIT. THE CC LAB APPLIES SCIENTIFIC, ENTREPRENEURIAL, AND INVESTMENT EXPERTISE, CREATING AN ENABLING ENVIRONMENT FOR EMERGENT CLIMATE SOLUTIONS.

Program Service Accomplishments

Program 1
Expenses: $1,561,917

IN 2024, THE PRIMARY GOAL OF THE CC LAB'S RESEARCH AND EDUCATIONAL PROGRAM WAS ADVANCING THE SCIENTIFIC, TECHNICAL, LOGISTICAL, AND ECONOMIC UNDERSTANDING OF CARBON CONTAINMENT SOLUTIONS AND THEIR...

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IN 2024, THE PRIMARY GOAL OF THE CC LAB'S RESEARCH AND EDUCATIONAL PROGRAM WAS ADVANCING THE SCIENTIFIC, TECHNICAL, LOGISTICAL, AND ECONOMIC UNDERSTANDING OF CARBON CONTAINMENT SOLUTIONS AND THEIR EFFECTIVENESS. HIGHLY POTENT GREENHOUSE GASES (GHGS) WITH SHORT ATMOSPHERIC LIFETIMES, SUCH AS METHANE AND HYDROFLUOROCARBON REFRIGERANTS (HFCS), AND GEOLOGIC AND WOOD CARBON CONTAINMENT WERE PARTICULAR FOCUSES. THE LAB DISSEMINATED FINDINGS TO THE PUBLIC BY PUBLISHING IN PEER-REVIEWED ACADEMIC PUBLICATIONS, PUBLISHING REPORTS AND WHITEPAPERS, MAKING CONFERENCE PRESENTATIONS, AND VIA NUMEROUS WEBINARS. THE CC LAB ALSO RAN SEVERAL WORKSHOPS AND EVENTS THAT CONVENED STAKEHOLDERS RELEVANT TO ADVANCING THE PROGRAMMATIC MISSION OF FOSTERING INNOVATIVE CLIMATE SOLUTIONS. THE CC LAB ALSO TAUGHT, MENTORED, AND EDUCATED UNIVERSITY STUDENTS THROUGH ITS INTERNSHIP PROGRAM, AS WELL AS VIA ONLINE WEBINARS AND PROFESSIONAL DEVELOPMENT TRAININGS, AND SUPPORTED UNIVERSITY RESEARCH ON SUPER POLLUTANT MITIGATION TECHNOLOGY. ALL THIS AIDED IN THE LAB'S MISSION TO FOSTER INNOVATIVE CLIMATE SOLUTIONS THAT SERVE TO PROTECT THE NATURAL ENVIRONMENT, CREATE JOBS, PROTECT HUMAN HEALTH, AND LESSEN THE BURDEN ON GOVERNMENT.

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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 $6,153,595
Program Service Revenue $0
Investment Income $11,259
Other Revenue $0
TOTAL REVENUE $6,164,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,375,740
Fundraising Expenses $115,151
Program Expenses $1,561,917
Other Expenses $991,971
TOTAL EXPENSES $2,367,711

Year-over-Year Comparison

2024 2023 Change
Revenue $6,164,854 N/A N/A
Expenses $2,367,711 N/A N/A
Net Income $3,797,143 N/A N/A
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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Governance

Voting Members
5
Independent Members
4
Employees
28
Volunteers
4

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
5
$565,334
Total Directors
5
$167,938
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEAN TAKAHASHI EXECUTIVE DIRECTOR (BEG. 3/1/24) 40.00
Officer Director
$167,238 $700 $167,938
RICHARD LEVIN CHAIR 0.60
Officer Director
$0 $0 $0
CATHERINE SMITH VICE CHAIR 0.60
Officer Director
$0 $0 $0
G LEONARD BAKER JR DIRECTOR 0.60
Director
$0 $0 $0
ROBERT BETTIGOLE DIRECTOR 0.60
Director
$0 $0 $0
ANASTASIA O'ROURKE SENIOR MANAGING DIR. (BEG. 2/27/24) 40.00
Officer
$198,413 $20,533 $218,946
JUSTIN FREIBERG MANAGING DIRECTOR (BEG. 2/27/24) 40.00
Officer
$178,276 $174 $178,450
SINEAD CROTTY DIRECTOR (BEG. 2/27/24) 40.00
Highest
$145,234 $16,194 $161,428
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 $6,164,854 $2,367,711 $3,908,498 $3,797,143
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