Overview
What is My Green Lab?
My Green Lab is a nonprofit organization based in San Diego, California, focusing on reducing the environmental footprint of research laboratories. They operate the world's leading certification program for laboratory sustainability, My Green Lab Certification, working with around 1,500 labs and over 15,000 scientists globally. This includes partnerships with 25 of the top 30 biotech and pharmaceutical corporations by revenue and over 200 organizations in total. My Green Lab's mission is to foster a culture of sustainability in science, aiming to minimize energy, water, waste, and toxic chemical use in labs. They strive to educate scientists, develop standards for sustainable lab practices, and collaborate with leading research institutions and universities to ensure a lasting impact. Currently, they have 13 employees.
Official website here: www.mygreenlab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
My Green Lab has received a Two-Star rating from Charity Navigator, which indicates moderate performance with a score of 65%. The rating reflects an emphasis on Accountability & Finance, showcasing strengths in areas such as an independent board and financial oversight, where they scored full marks. This suggests a commitment to maintaining ethical governance practices and transparency in financial reporting.
However, there are notable weaknesses in their financial health metrics, particularly in their liabilities to assets ratio and working capital ratio, which scored significantly low. This may raise concerns about the organization’s fiscal sustainability and ability to manage its resources effectively. Additionally, there are no established policies for whistleblower protections and document retention, which could impact organizational integrity and accountability.
Overall, while My Green Lab demonstrates strong governance practices, its financial stability and certain compliance measures require improvement. Stakeholders should consider these factors when assessing the organization’s reliability and potential for long-term impact.
This AI summary has been generated from information found on Charity Navigator.
Is My Green Lab legitimate?
My Green Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Green Lab submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $532,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,857
For more financial information, click here
Official website here: www.mygreenlab.org
What is the mission statement of My Green Lab?
My Green Lab's mission is geared towards fostering a global culture of sustainability within the scientific community. They aim to achieve this by reducing the environmental impact of research laboratories through various means, such as energy conservation, water and waste management, and the minimization of toxic chemical usage. In addition, they educate scientists and develop standards for laboratory operations that prioritize sustainability. Their flagship program, My Green Lab Certification, is the world's leading certification for operational laboratory sustainability, and they work with a vast number of scientists, laboratories, and organizations, including top biotech and pharmaceutical corporations and leading research institutions and universities.
Official website here: www.mygreenlab.org
Who is the CEO of My Green Lab?
James Connelly is the Ceo/Secretary of My Green Lab. The CEO's salary of My Green Lab is $232,500 and their total compensation is $255,434.
Official website here: www.mygreenlab.org
What is the revenue of My Green Lab?
My Green Lab's revenue in 2022 was $2,692,543.
Official website here: www.mygreenlab.org
Who are the executives of My Green Lab and what are their salaries?
The average compensation at My Green Lab during 2022 was $110,673. There are 13 employees and 5 volunteers at My Green Lab.
Here are 8 key members and their salaries (My Green Lab's CEO's salary is $232,500 and their total compensation is $255,434):
- Compensation: $232,500
- Related: $0
- Other: $22,934
- Compensation: $180,000
- Related: $0
- Other: $19,784
- Compensation: $64,498
- Related: $0
- Other: $8,177
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mygreenlab.org
Where can I find the form 990 for My Green Lab?
My Green Lab's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mygreenlab.org
Learn more at the official website: www.mygreenlab.org
Mission Statement of My Green Lab
My Green Lab, a pioneering organization, is dedicated to fostering a global culture of sustainability in the realm of scientific research. This mission is carried out by reducing the environmental impact of laboratories, achieved through the minimization of energy, water, waste, and toxic chemical usage. The organization strives to educate scientists and establish standards for laboratory operations that prioritize sustainability. In essence, My Green Lab seeks to transform the scientific community, encouraging a shift towards environmentally-friendly practices.
My Green Lab's primary tool in achieving its mission is the My Green Lab Certification program, which is recognized as the world's leading certification for operational laboratory sustainability. By the end of 2022, the program was working with close to 1,500 laboratories worldwide, involving over 15,000 scientists. The program has gained significant traction, with 25 of the top 30 biotech and pharmaceutical corporations by revenue, and over 200 organizations, participating in its initiatives. Leading research institutions and universities are also collaborating with My Green Lab to establish and maintain green lab programs, ensuring the lasting impact of its efforts.
My Green Lab's influence extends to the world's leading corporations, as it works with some of the top biotech and pharmaceutical companies, helping them implement sustainable practices in their laboratory operations. By doing so, the organization is not only reducing the environmental footprint of scientific research but also contributing to the long-term sustainability of these powerful industries.
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Impact
June, 2024
My Green Lab is making a significant impact by working to reduce the environmental footprint of research laboratories. Through initiatives focused on decreasing energy, water, waste, and toxic chemical usage, they are leading the way in promoting sustainable practices in the scientific community. With their Green Lab Certification program, they are setting the standard for operational laboratory sustainability worldwide.
By collaborating with nearly 1,500 labs and over 15,000 scientists globally, including top biotech and pharmaceutical companies, My Green Lab is driving the adoption of green practices in the scientific industry. They are also working with leading research institutions and universities to establish green lab programs, ensuring a lasting impact on laboratory operations.
Overall, My Green Lab's efforts are contributing to the establishment of a global culture of sustainability in the field of science, making a tangible difference in reducing environmental impact and promoting a more sustainable future.
This information is meant to be a general summary of My Green Lab. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,243,059
- Gross Receipts: $2,692,543
Assets and Liabilities:
- Total Assets: $1,209,208
- Total Liabilities: $898,236
- Net Assets: $310,972
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference registration
Revenue
$20,098
Service fees
Revenue
$1,222,961
Organization Details
Founding Year
2013
Phone
(424) 354-1494Principal Officer
James Connelly
Main Address
4653 Carmel Mtn Rd Ste 308-1032, San Diego, CA, 92130
Website
www.mygreenlab.orgNTEE Category
Code: C60 - Environment
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