2024-10-09T14:54:19-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 205958773 B LAB COMPANY BLAB 6012930299 1801 MARKET STREET 2670 PHILADELPHIA PA 19103 CHRISTINA POWER DIRECTOR OF FINANCE 6012930299 2024-10-09 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z X CLAY BROWN 1801 MARKET STREET 2670 PHILADELPHIA PA 19103 29552630 0 X WWW.BCORPORATION.NET X 2006 PA SEE PART III, LINE 1. 14 12 132 10 0 0 8625299 6129874 16586354 22011263 -7402 9299 1474346 1402194 26678597 29552630 0 161976 0 0 16679038 16880756 0 3597 991418 9646809 12649703 26325847 29696032 352750 -143402 12760590 14430677 7192953 9076474 5567637 5354203 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 23690770 161976 22011263 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. 23690770 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 1 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 56 0 1 132 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 CA NY PA X CHRISTINA POWER 6012930299 1801 MARKET STREET 2670 PHILADELPHIA PA 19103 BARTON HOULAHAN CO-FOUNDER, BOARD MEMBER 40.00 X X 130176 0 9229 ANDREW KASSOY CO-FOUNDER TREAS. TO 09/23, CO-CHAIR FROM 11/23 40.00 X X 106949 0 4153 LORENE AREY BOARD MEMBER - TIL 12/23 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 TREASURER - AS OF 09/23 2.00 X X 0 0 0 DEBRA DUNN CHAIR - TIL 11/23 2.00 X X 0 0 0 MAHLET GETACHEW BOARD MEMBER 2.00 X 0 0 0 JANINE GUILLOT BOARD MEMBER 2.00 X 0 0 0 KATIE HILL CO-CHAIR - AS OF 11/23 2.00 X X 0 0 0 FRANCINE LEMOS BOARD MEMBER 2.00 X 0 0 0 NYAGOY NYONG'O BOARD MEMBER - TIL 12/23 2.00 X 0 0 0 OMMEED SATHE BOARD MEMBER - TIL 12/23 2.00 X 0 0 0 CHRIS TURNER BOARD MEMBER 2.00 X 0 0 0 ELEANOR ALLEN LEAD EXECUTIVE B LAB GLOBAL - TIL 11/23 40.00 X 373867 0 21974 JORGE FONTANEZ CEO, B LAB US & CANADA 40.00 X 292463 0 4153 CHRISTINA POWER DIRECTOR OF FINANCE - AS OF 11/23 40.00 X 104480 0 24366 ANAND SANKARAN HEAD OF FIN. & ADMIN - TIL 09/23 40.00 X 120028 0 0 SUSAN CORI COO - TIL 03/23 32.00 X 87192 0 5182 JODI BEASLEY SR. DIR. - COMMUNITY, B LAB US & CAN. 40.00 X 165296 0 4134 SARAH SCHWIMMER HEAD OF STRAT. GROWTH & PARTNERSHIPS 40.00 X 191134 0 13024 HOLLY ENSIGN-BARSTOW SENIOR DIRECTOR - POLICY & PROGRAMS 40.00 X 150018 0 25198 FABIANA PEDROSO DE ARAUJO DIR GLOBAL CERT. & VERIF. OPS TIL 11/23 40.00 X 153423 0 16937 SARAH SILVERMAN DIR., MARKETING AND COMMUNICATIONS 40.00 X 130125 0 27929 JOHN LANDIS SENIOR SOFTWARE ENGINEER 40.00 X 131358 0 12861 2136509 0 169140 25 0 1 0 GENASHTIM INNOV LEARN PTE LTD 1 COLEMAN ST 10-10 THE ADELPHI SN 179803 PROGRAM SERVICES 3569018 GREEN LIVING ENTERPRISES INC 130 QUEENS QUAY EAST SUITE 902 TORONTO CA M5A 0P6 EVENT MANAGEMENT 660393 TOPTAL 2810 N CHURCH STREET WILMINGTON DE 198024447 STRATEGIC ADVISORY SERVICES 206350 SENSIBA SAN FILIPPO LLP 5960 INGLEWOOD DRIVE SUITE 201 PLEASANTON CA 94588 PROGRAM SERVICES 202610 CLAY BROWN 1 DOVEDALE CLOSE CARDIFF UK CF23 5LS PROGRAM SERVICES 197914 13 6129874 6129874 B CORP FEES 900099 14426209 14426209 GLOBAL PARTICIPANT FEE 900099 7558776 7558776 B CORP COACHING 900099 17398 17398 CONSULTANT ACCREDITATI 900099 8880 8880 22011263 9299 9299 1388944 1388944 MISCELLANEOUS 900099 13250 13250 13250 29552630 22011263 0 1411493 X 161976 161976 1453641 515659 697993 239989 13203650 11114971 1536803 551876 198350 165943 24780 7627 1205377 992939 154082 58356 819738 652763 123191 43784 165454 165454 68950 68950 136800 136800 3597 3597 6851207 6103842 747365 563979 557753 5929 297 39500 34424 3437 1639 607627 529547 52865 25215 522527 497966 20249 4312 772255 735957 29926 6372 227140 227140 228113 187334 32351 8428 144989 126358 12615 6016 TECH. PLATFORMS & SUBS. 939540 675912 229952 33676 BAD DEBT EXPENSE 701722 701722 PROF. DEVELOPMENT 298965 250663 48068 234 PROGRAM COMMISSIONS 249963 249963 130972 130972 29696032 23690770 5013844 991418 2971620 5910594 55722 56433 3527475 1433782 2525425 2693233 100000 0 191945 478149 526890 442886 168029 84004 2017224 1873136 1203150 1901346 12760590 14430677 1767918 3491718 106050 702481 4992255 4562433 326730 319842 7192953 9076474 X 971649 2431966 4595988 2922237 5567637 5354203 12760590 14430677 X -143402 -70032 X 0 1 X 1 0 X 8984837 4962279 8452351 8625299 6129874 37154640 8984837 4962279 8452351 8625299 6129874 37154640 11296115 25858525 1421032 2226684 2065818 1480174 1398243 8591951 238 348 13250 13836 45760427 60687359 0.56510 0.56210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 136800 136800 29555635 29692435 1000000 250000 0 0 814574 1000000 1000000 1000000 3814574 5721861 129584 333115 255047 136800 854546 203644 250000 250000 250000 953644 1430466 16012 16012 8066 8021 45 333433 285652 47781 185391 149213 36178 84004 DUE FROM B LAB NETWORK 1544653 RIGHT OF USE ASSETS 320571 DEPOSITS 36122 1901346 OPERATING LEASE LIABILITIES 319842 319842 29552630 0 29552630 0 29552630 29696032 0 29696032 0 29696032 1 EAST ASIA AND THE PACIFIC 0 9 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 3839837 EUROPE 2 45 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 3003955 NORTH AMERICA 0 13 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 888225 SOUTH AMERICA 0 23 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 354333 EUROPE 0 3 GRANTMAKING 161976 2 93 0 0 2 93 8248326 0 8248326 EUROPE FISCAL SPONSORSHIP 65475 WIRE TRANSFER 0 EUROPE PUBLIC POLICY AND ADVOCACY FOR A STAKEHOLDER ECONOMY 26326 WIRE TRANSFER 0 EUROPE PUBLIC POLICY AND ADVOCACY FOR A STAKEHOLDER ECONOMY 26325 WIRE TRANSFER 0 EUROPE FISCAL SPONSORSHIP 43850 WIRE TRANSFER 0 3 1 1 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 ELEANOR ALLEN LEAD EXECUTIVE B LAB GLOBAL - TIL 11/23 336367 0 0 0 37500 0 3000 0 18974 0 395841 0 0 0 JORGE FONTANEZ CEO, B LAB US & CANADA 292463 0 0 0 0 0 3000 0 1153 0 296616 0 0 0 SARAH SCHWIMMER HEAD OF STRAT. GROWTH & PARTNERSHIPS 191134 0 0 0 0 0 3000 0 10024 0 204158 0 0 0 HOLLY ENSIGN-BARSTOW SENIOR DIRECTOR - POLICY & PROGRAMS 150018 0 0 0 0 0 0 0 25198 0 175216 0 0 0 FABIANA PEDROSO DE ARAUJO DIR GLOBAL CERT. & VERIF. OPS TIL 11/23 130360 0 0 0 23063 0 3000 0 13937 0 170360 0 0 0 JODI BEASLEY SR. DIR. - COMMUNITY, B LAB US & CAN 165296 0 0 0 0 0 3000 0 1134 0 169430 0 0 0 SARAH SILVERMAN DIR., MARKETING AND COMMUNICATIONS 130125 0 0 0 0 0 3000 0 24929 0 158054 0 0 0 PART I, LINE 4A THESE INDIVIDUALS LISTED ON PART VII RECEIVED SEVERANCE IN THE FOLLOWING AMOUNTS: - ELEANOR ALLEN, $37,500 - SUSAN CORI, $28,926 - FABIANA PEDROSO DE ARAUJO, $23,063 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 C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G VERIFICATION SERVICES: PROGRAM SERVICE EXPENSES 3,569,876. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,569,876. COMMUNITY ENGAGEMENT: PROGRAM SERVICE EXPENSES 1,055,969. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,055,969. STRATEGIC ADVISORY: PROGRAM SERVICE EXPENSES 862,601. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 862,601. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 360,054. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 360,054. PAYROLL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 237,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 237,683. POLICY: PROGRAM SERVICE EXPENSES 163,522. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 163,522. DIGITAL TRANSFORMATION: PROGRAM SERVICE EXPENSES 158,040. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 158,040. JUSTICE, EQUITY, DIVERSITY, & INCLUSION: PROGRAM SERVICE EXPENSES 111,170. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,170. CLIMATE ADVISORY: PROGRAM SERVICE EXPENSES 100,054. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,054. RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 84,087. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,087. BUSINESS DEVELOPMENT: PROGRAM SERVICE EXPENSES 79,179. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,179. COMPLIANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 65,541. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,541. TRANSLATIONS: PROGRAM SERVICE EXPENSES 3,431. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,431. FORM 990, PART XI, LINE 9: EXCHANGE RATE LOSS -70,032. B LAB US & CANADA LLC 1801 MARKET STREET SUITE 2670 PHILADELPHIA PA 19103 871349367 SUPPORT NEW AND EXISTING B CORPORATIONS IN THESE REGIONS PA 15316087 6758744 B LAB CORP GIIRS LLC 15 WATERLOO AVENUE BERWIN PA 19312 PRODUCT DELIVERABLES FOR B-LAB PA 0 0 B LAB CORP