Overview
What is Civ Lab Inc?
Civ Lab Inc, based in New York City, is a nonprofit organization committed to addressing climate change. They organize the annual Urban Tech Summit in partnership with Cornell Tech and Emergence Creative, bringing together various industry leaders to explore the role of cities in shaping the future. Civ Lab's mission is to support local actors by providing them with the necessary resources and funding to launch strong climate responses. Their objectives include expanding the climate workforce, educating future climate leaders, accelerating industrial decarbonization, and aiding organizations actively combating climate change in their communities. With a small team of two dedicated individuals, Civ Lab Inc is actively working towards making a difference in the fight against climate change.
Official website here: www.civ-lab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Civ Lab Inc has achieved a solid 89% score, which translates to a Three-Star rating, reflecting its strong performance in accountability and finance. The charity's financial health is highlighted by a program expense ratio of nearly 70%, indicating that a significant portion of its budget is directed toward its mission-driven programs. Additionally, the organization has demonstrated strong governance practices, with 66% of its board members being independent, ensuring impartial oversight.
The charity has consistently adhered to best practices, as evidenced by its perfect scores in areas like audit and oversight, conflict of interest policies, and whistleblower protection. The absence of any material diversion of assets further underscores its financial integrity. Furthermore, Civ Lab Inc maintains transparency by listing its website on its tax form and providing access to essential documents, including board meeting minutes.
While the organization performs well overall, its score is solely based on financial accountability, which may limit its evaluation in other areas such as program effectiveness or community impact. Nonetheless, the strong ratings in financial management and governance indicate that Civ Lab Inc operates with a high degree of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Civ Lab Inc legitimate?
Civ Lab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civ Lab Inc 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: $213,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,915
For more financial information, click here
Official website here: www.civ-lab.org
What is the mission statement of Civ Lab Inc?
Civ Lab Inc's mission is centered around addressing the challenges posed by climate change. The organization aims to connect local actors with necessary resources and funding, encouraging them to launch impactful responses to these threats. One of Civ Lab Inc's primary objectives is to expand the climate workforce, fostering the development of future climate leaders. Additionally, the organization seeks to accelerate industrial decarbonization and offer aid to organizations actively working against climate change in their respective communities. Furthermore, Civ Lab Inc is committed to educating future climate leaders and providing them with the necessary skills to drive meaningful change.
Official website here: www.civ-lab.org
What is the revenue of Civ Lab Inc?
Civ Lab Inc's revenue in 2023 was $2,794,646.
Official website here: www.civ-lab.org
Who are the executives of Civ Lab Inc and what are their salaries?
The average compensation at Civ Lab Inc during 2023 was $111,725. There are 3 employees at Civ Lab Inc.
Here are 4 key members and their salaries:
- Compensation: $200,000
- Related: $0
- Other: $0
- Compensation: $56,514
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.civ-lab.org
Where can I find the form 990 for Civ Lab Inc?
Civ Lab Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.civ-lab.org
Learn more at the official website: www.civ-lab.org
Mission Statement of Civ Lab Inc
Civ Lab Inc, as a nonprofit organization, is committed to connecting local actors with the necessary resources and funding to launch bold initiatives addressing the threats of climate change. Their mission is multifaceted, aiming to expand the climate workforce, educate future climate leaders, accelerate industrial decarbonization, and provide aid to the organizations actively working against climate change in their respective communities. By fostering these initiatives, Civ Lab Inc seeks to empower local actors and contribute to a more sustainable future.
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Impact
July, 2024
Civ Lab Inc's impact can be seen in its efforts to connect local actors with the resources and funding needed to spearhead innovative responses to the challenges of climate change. By expanding the climate workforce, educating future climate leaders, accelerating industrial decarbonization, and supporting organizations taking action against climate change in their communities, Civ Lab Inc is making a tangible difference in the fight against climate change. Additionally, through initiatives like the Urban Tech Summit, which convenes leaders from various industries to discuss the role of cities in shaping the future, Civ Lab Inc is at the forefront of driving conversations and collaborations that can lead to meaningful change.
This information is meant to be a general summary of Civ Lab Inc. 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 2023.
- Program Service Revenue: $186,754
- Gross Receipts: $2,794,646
Assets and Liabilities:
- Total Assets: $1,455,585
- Total Liabilities: $12,925
- Net Assets: $1,442,660
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Cornell Health Summit
Revenue
$47,063
Speaking
Revenue
$20,036
Urban Tech Summit
Revenue
$119,655
Organization Details
Founding Year
2017
Principal Officer
Jay Taparia
Website
www.civ-lab.orgNTEE Category
Code: S80 - Community improvement
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