2023-08-24T11:56:37-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 205958773 B LAB COMPANY BLAB 6012930299 15 WATERLOO AVENUE BERWYN PA 19312 ANAND SANKARAN HEAD OF FINANCE & ADMIN. 6012930299 2023-08-24 1 ANAND SANKARAN XXX-XX-XXXX 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELEANOR ALLEN 15 WATERLOO AVENUE BERWYN PA 19312 26692175 0 X WWW.BCORPORATION.NET X 2006 PA SEE PART III, LINE 1. 13 11 147 11 0 0 8452351 8625299 8479679 16586354 8676 -7402 2052620 1474346 18993326 26678597 0 0 0 0 12541498 16679038 0 0 856307 5422069 9646809 17963567 26325847 1029759 352750 11530827 12760590 6225161 7192953 5305666 5567637 X TO EDUCATE AND ENCOURAGE BUSINESS OWNERS ACROSS INDUSTRIES TO MEASURE AND IMPROVE THEIR SOCIAL AND ENVIRONMENTAL IMPACT USING THE B IMPACT ASSESSMENT ONLINE TOOL. 0 0 21012325 16586354 TO EDUCATE AND ENCOURAGE BUSINESS OWNERS ACROSS INDUSTRIES TO MEASURE AND IMPROVE THEIR SOCIAL AND ENVIRONMENTAL IMPACT USING THE B IMPACT ASSESSMENT ONLINE ASSESSMENT TOOL. THESE PROGRAMS INCLUDE: (1) CERTIFICATION OF B CORPORATIONS: B CORPS ARE COMPANIES THAT MEET RIGOROUS STANDARDS OF SOCIAL AND ENVIRONMENTAL PERFORMANCE, TRANSPARENCY, AND ACCOUNTABILITY AND ARE THE LEADERS OF THE GLOBAL MOVEMENT TO USE BUSINESS AS A FORCE FOR GOOD. (2) IMPACT MANAGEMENT: HELPING ALL COMPANIES MANAGE THEIR IMPACT ON THE PEOPLE, COMMUNITIES AND ECOSYSTEMS THEY TOUCH, VIA THE B IMPACT ASSESSMENT AND SDG ACTION MANAGER. (3) POLICY FRAMEWORKS: PROMOTING AND SUPPORTING ADOPTION OF A NEW CORPORATE FORM, THAT REMOVES IMPEDIMENTS TO CREATING SOCIAL BENEFIT ALONGSIDE VALUE. B LAB LEVERAGES THESE EMERGING SECTOR OF CONSUMERS, INVESTORS AND ENTREPRENEURS ON WAYS TO JOIN THE GLOBAL MOVEMENT TO IMPROVE SOCIAL AND ENVIRONMENTAL IMPACT. 21012325 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 51 0 1 147 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA NY PA X CHRISTINA POWER 6012930299 15 WATERLOO AVENUE BERWYN PA 19312 BARTON HOULAHAN CO-FOUNDER, BOARD MEMBER 40.00 X X 213790 0 18026 ANDREW KASSOY CO-FOUNDER, BOARD MEMBER, TREASURER 40.00 X X 213070 0 4046 DEBRA DUNN CHAIR 2.00 X X 0 0 0 LORENE AREY BOARD MEMBER 2.00 X 0 0 0 WOJTEK BAGINSKI BOARD MEMBER 2.00 X 0 0 0 ESTHER BENJAMIN BOARD MEMBER 2.00 X 0 0 0 LUIS DUARTE BOARD MEMBER 2.00 X 0 0 0 KATIE HILL BOARD MEMBER 2.00 X 0 0 0 FRANCINE LEMOS BOARD MEMBER 2.00 X 0 0 0 DEVAL PATRICK BOARD MEMBER 2.00 X 0 0 0 JAMES PERRY BOARD MEMBER 2.00 X 0 0 0 OMMEED SATHE BOARD MEMBER 2.00 X 0 0 0 CHRIS TURNER BOARD MEMBER 2.00 X 0 0 0 JORGE FONTANEZ CEO, B LAB US & CANADA 40.00 X 270540 0 4046 ELEANOR ALLEN LEAD EXEC., B LAB GLOBAL (FROM 6/22) 40.00 X 166696 0 10319 SUSAN CORI CHIEF OPERATING OFFICER 32.00 X 128761 0 21429 VALERIA JOKISCH - TREASURER E.D. PEOPLE & OPS. (UNTIL 6/22) 40.00 X 95222 0 15580 JODI BEASLEY SR. DIR. OF COMMUNITY, B LAB US & CA 40.00 X 151819 0 2993 JOHN VITELLI HEAD OF TECHNOLOGY 40.00 X 178707 0 26544 SARAH SCHWIMMER HEAD OF STRAT. GROWTH & PARTNERSHIPS 40.00 X 191321 0 12355 DANIEL OSUSKY HEAD OF STANDARDS MANAGEMENT 40.00 X 173998 0 14205 JOHN HILLSTROM SENIOR SYSTEMS ENGINEER 40.00 X 159908 0 26529 JONATHAN PITCHERELLA LEAD SOFTWARE ENGINEER 40.00 X 156770 0 11127 2100602 0 167199 25 0 1 0 GENASHTIM INNOV LEARN PTE LTD 1 COLEMAN ST 10-10 THE ADELPHI SN 179803 VERIFICATION SERVICES 1913484 GREEN LIVING ENTERPRISES INC 130 QUEENS QUAY EAST SUITE 902 TORONTO CA M5A 0P6 EVENT MANAGEMENT 1132443 FINSBURY GLOVER HERING 1025 F STREET NW 9TH FLOOR WASHINGTON DC 20004 LOBBYING 255047 TOPTAL LLC 2810 N CHURCH STREET WILMINGTON DE 198024447 STRATEGIC ADVISORY SERVICES 235636 KAREN LICKTEIG 17 N BEECH RD WICHITA KS 67206 EVENT MANAGEMENT 128535 6 117000 8508299 8625299 B CORP FEES 900099 10903184 10903184 GLOBAL PARTICIPANT FEES 900099 5050159 5050159 EVENTS INCOME 900099 633011 633011 16586354 6176 6176 1473998 1473998 13578 -13578 -13578 -13578 MISCELLANEOUS 900099 348 348 348 26678597 16586354 0 1466944 X 1316338 492846 581324 242168 13062575 11165309 1462825 434441 188274 161080 20712 6482 1337806 1043430 249452 44924 774045 630086 107994 35965 140848 140848 45293 45293 255047 255047 4485662 4065596 410181 9885 185921 160511 25102 308 13693 11557 1509 627 41184 41184 637021 537600 70240 29181 299149 285045 12747 1357 1075933 1025209 45845 4879 200125 200125 246995 211959 26409 8627 120628 101801 13301 5526 TECH. PLATFORMS & SUBS. 941564 580961 331748 28855 BAD DEBT EXPENSE 567394 567394 PROGRAM COMMISSIONS 227508 227508 FURNITURE 67281 56780 7419 3082 95563 95563 26325847 21012325 4457215 856307 1391817 2971620 3979859 55722 3527475 2621164 2525425 100000 224159 191945 526890 358861 231036 168029 2161311 2017224 921481 1203150 11530827 12760590 779783 1767918 131906 106050 5313472 4992255 0 326730 6225161 7192953 X 3298569 971649 2007097 4595988 5305666 5567637 11530827 12760590 X 352750 -90779 X 0 1 X 1 0 X 6048857 8984837 4962279 8452351 8625299 37073623 6048857 8984837 4962279 8452351 8625299 37073623 11810729 25262894 674405 1421032 2226684 2065818 1480174 7868113 238 348 586 44942322 44927525 0.56210 0.62550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 255047 255047 26070800 26325847 1000000 250000 0 0 820968 814574 1000000 1000000 3635542 5453313 58194 129584 333115 255047 775940 205242 203644 250000 250000 908886 1363329 16012 16012 8066 6622 1444 333433 218108 115325 185391 134131 51260 168029 DUE FROM B LAB NETWORK 850091 DEPOSITS 37367 RIGHT OF USE ASSETS 315692 1203150 OPERATING LEASE LIABILITIES 326730 326730 X 26692175 13578 13578 26678597 0 26678597 26325847 0 26325847 0 26325847 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS REPORTED ON FORM 990, PART VIII, LINE 7C. EAST ASIA AND THE PACIFIC 0 11 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 2069866 EUROPE 2 42 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 1769663 NORTH AMERICA 0 13 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 1282309 SOUTH AMERICA 1 20 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 449378 SUB-SAHARAN AFRICA 0 3 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 103550 3 89 0 0 3 89 5674766 0 5674766 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X 0 0 0 0 0 0 0 0 0 JORGE FONTANEZ CEO, B LAB US & CANADA 270540 0 0 0 0 0 3000 0 1046 0 274586 0 0 0 BARTON HOULAHAN CO-FOUNDER, BOARD MEMBER 213790 0 0 0 0 0 3000 0 15026 0 231816 0 0 0 ANDREW KASSOY CO-FOUNDER, BOARD MEMBER, TREASURER 213070 0 0 0 0 0 3000 0 1046 0 217116 0 0 0 JOHN VITELLI HEAD OF TECHNOLOGY 178707 0 0 0 0 0 3000 0 23544 0 205251 0 0 0 SARAH SCHWIMMER HEAD OF STRAT. GROWTH & PARTNERSHIPS 191321 0 0 0 0 0 3000 0 9355 0 203676 0 0 0 DANIEL OSUSKY HEAD OF STANDARDS MANAGEMENT 173998 0 0 0 0 0 3000 0 11205 0 188203 0 0 0 JOHN HILLSTROM SENIOR SYSTEMS ENGINEER 159908 0 0 0 0 0 3000 0 23529 0 186437 0 0 0 ELEANOR ALLEN LEAD EXEC., B LAB GLOBAL (FROM 6/22) 166696 0 0 0 0 0 0 0 10319 0 177015 0 0 0 JONATHAN PITCHERELLA LEAD SOFTWARE ENGINEER 156770 0 0 0 0 0 3000 0 8127 0 167897 0 0 0 JODI BEASLEY SR. DIR. OF COMMUNITY, B LAB US & CA 151819 0 0 0 0 0 2042 0 951 0 154812 0 0 0 SUSAN CORI CHIEF OPERATING OFFICER 128761 0 0 0 0 0 3000 0 18429 0 150190 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST APPLIES TO ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS (VOTING AND NON-VOTING). TO ENFORCE THIS POLICY, THE ORGANIZATION REQUIRES ANNUAL DISCLOSURE AND INTERIM MONITORING THROUGHOUT THE YEAR. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION PROCESS FOR THE TOP OFFICIAL OF THE COMPANY INCLUDES A INDEPENDENT COMPENSATION COMMITTEE THAT REVIEWS THAT PERFORMANCE OF THE EXECUTIVES. ADJUSTMENTS ARE ALSO BASED ON THAT REVIEW AND BY PERFORMANCE MARKET SURVEYS OF COMPENSATION PAID TO EXECUTIVES OF SIMILAR TYPE AND SIZE ORGANIZATIONS. THE COMPENSATION WAS DISCUSSED AND DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE IN JULY 2022. THE PROCESS FOR OTHER OFFICERS AND KEY EMPLOYEES INCLUDES THE SAME REVIEW AS THE TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 43,312. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,312. COMMS: PROGRAM SERVICE EXPENSES 178,906. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 178,906. JUSTICE, EQUITY, DIVERSIY & INCLUSION: PROGRAM SERVICE EXPENSES 125,987. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,987. CLIMATE ADVISORY: PROGRAM SERVICE EXPENSES 90,497. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,497. EVENT MANAGEMENT: PROGRAM SERVICE EXPENSES 257,871. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 257,871. INTERPRETING AND TRANSLATION: PROGRAM SERVICE EXPENSES 52,672. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,672. VERIFICATION SERVICES: PROGRAM SERVICE EXPENSES 1,931,988. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,931,988. STRATEGIC ADVISORY: PROGRAM SERVICE EXPENSES 260,622. MANAGEMENT AND GENERAL EXPENSES 280,432. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 541,054. COMMUNITY ENGAGEMENT: PROGRAM SERVICE EXPENSES 1,167,053. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,167,053. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 86,437. FUNDRAISING EXPENSES 9,885. TOTAL EXPENSES 96,322. FORM 990, PART XI, LINE 9: EXCHANGE RATE LOSS -90,779. GIIRS LLC 15 WATERLOO AVENUE BERWIN PA 19312 PRODUCT DELIVERABLES FOR B-LAB PA 0 0 B LAB CORP B LAB US & CANADA LLC 1801 MARKET STREET SUITE 2670 PHILADELPHIA PA 19103 871349367 SUPPORT NEW AND EXISTING B CORPORATIONS IN THESE REGIONS PA 12064172 3937129 B LAB CORP