2024-09-26T12:24:18-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-07-01 462444163 THE CHARACTER LAB INC CHAR 6464227767 PO BOX 37635 PMB 47960 PHILADELPHIA PA 191010635 JAMES SCHRODER CONSULTANT 6464227767 2024-09-25 1 0 DANIELLE NIHILL P01350943 7819821001 2024-09-25 2023 2024-08-08 14:25:15Z DAVE HERSH PO BOX 37635 PMB 47960 PHILADELPHIA PA 191010635 5309495 0 X WWW.CHARACTERLAB.ORG X 2012 DE CHARACTER LAB ADVANCES SCIENTIFIC INSIGHTS THAT HELP KIDS THRIVE X 5 5 33 6 0 0 6452665 4182097 37081 35870 7918 225169 0 0 6497664 4443136 0 25000 0 0 2924465 3123691 0 0 124074 2686382 5465903 5610847 8614594 886817 -4171458 5551434 1794829 856898 1271751 4694536 523078 X CHARACTER LAB ADVANCES SCIENTIFIC INSIGHTS THAT HELP KIDS THRIVE. 0 1 6995721 25000 35870 BY CONNECTING RESEARCHERS WITH EDUCATORS, CHARACTER LAB SOUGHT TO CREATE GREATER KNOWLEDGE ABOUT THE CONDITIONS THAT LEAD TO WELL-BEING FOR YOUNG PEOPLE THROUGHOUT THE COUNTRY.IN 2023-2024, CHARACTER LAB REACHED THE FOLLOWING MILESTONES:-FACILITATED 503 STUDIES TO DATE-HELPED RESEARCHERS PUBLISH 53 ARTICLES IN LEADING JOURNALS-COMPLETED PRODUCTION OF CHARACTER BUILDING VIDEOS WITH TED-ED, AT HTTPS://ED.TED.COM/BUILD-CHARACTER-PARTNERED WITH HOPELAB AND COMMON SENSE MEDIA TO CO-CREATE A NATIONWIDE SURVEY ON TEENAGE SOCIAL MEDIA USAGE AND MENTAL HEALTH-CHARACTER LAB INTERNSHIP PROGRAM (CLIP) SUPPORTED 150 YOUNG PEOPLE PROVIDING YOUTH VOICE TO RESEARCH 6995721 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 26 0 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CO CT DE FL GA HI IL KS KY MD MA MI MN MS NH NJ NY NM NC OR PA RI SC TN UT VA WV WI X ANGELA DUCKWORTH 6464227767 PO BOX 37635 PMB 47960 PHILADELPHIA PA 191010635 LUIS VON AHN CHAIRMAN 1.00 X X 0 0 0 CHRISTOPHER NORTH TREASURER 1.00 X X 0 0 0 PIYUSH TANTIA VICE CHAIR 1.00 X X 0 0 0 ANGELA DUCKWORTH CO-FOUNDER, CHIEF SCIENTIS 1.00 X 0 0 0 BRIDGET TERRY LONG DIRECTOR 1.00 X 0 0 0 JIM SHELTON DIRECTOR, LEFT 10/31/23 1.00 X 0 0 0 DAVE HERSH CEO 40.00 X 226233 0 26688 JIM SCHRODER DIRECTOR, FINANCE AND OPERATIONS 40.00 X 146723 0 7491 DAVID TORRES DIRECTOR, REVENUE OPERATION 40.00 X 137499 0 13984 TARA TAYLOR DIRECTOR, EXPERIENCE & TECHNOLOGY 40.00 X 117796 0 14151 628251 0 62314 4 0 1 0 QUALTRICS 333 WEST RIVER PARK DRIVE SUITE 48 PROVO UT 84604 RESEARCH SERVICES 410097 TED CONFERENCES 330 HUDSON STREET 11TH FLOOR NEW YORK NY 10013 EDUCATIONAL MATERIAL CREATION 200000 MICHELLE SHIH 49 BREEZEMONT AVE RIVERSIDE CT 06878 EDITING 154626 3 4182097 865707 4182097 RESEARCH SERVICES 541700 35870 35870 35870 225821 225821 865707 866359 -652 -652 -652 4443136 35870 0 225169 X 25000 25000 681292 233058 389969 58265 2046612 1797823 199838 48951 70488 55705 12655 2128 108758 65212 39674 3872 216541 148644 61281 6616 23210 22685 525 123721 123721 1050124 1045715 2800 1609 198307 193423 4124 760 81629 56462 25630 -463 141223 126994 14229 46806 34479 10453 1874 50790 51020 -726 496 30752 30786 -34 TRANSITION EXPENSES - G 2165531 2159531 6000 TRANSITION EXPENSES - O 1440516 878526 561990 PROFESSIONAL DEVELOPMEN 113294 101444 11850 8614594 6995721 1494799 124074 250000 1776608 4643611 238703 18221 334995 187252 187252 84125 0 5551434 1794829 284194 1271751 572704 856898 1271751 X 4694536 523078 4694536 523078 5551434 1794829 -4171458 0 X 0 0 0 X 3476097 6768129 6777342 6452665 4182097 27656330 3476097 6768129 6777342 6452665 4182097 27656330 19502935 8153395 10255 280 93 9223 225821 245672 27902002 249195 0.29220 0.30220 X CHARACTER LAB'S PUBLIC SUPPORT PERCENTAGE FOR 2023 AND 2022 IS 29.22% AND 30.22% RESPECTIVELY. THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST DUE TO MAINTAINING A CONTINUOUS FUNDRAISING SOLICITATION PROGRAM. ADDITIONALLY, THE ORGANIZATION PROVIDES SERVICES THAT BROADLY AND CONSISTENTLY BENEFIT THE SOCIAL SCIENTIFIC AND YOUTH EDUCATION FIELDS, AND IS LED BY A GOVERNING BODY OF INDEPENDENT REPRESENTATIVES FROM RELEVANT FIELDS. THE ORGANIZATION HAS CEASED OPERATIONS AS OF JUNE 30, 2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30118 30118 0 157134 157134 0 0 1 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS 25000 0 0 0 0 0 0 25000 0 25000 NORTH AMERICA UNRESTRICTED 25000 WIRE TRANSFER 0 1 0 0 0 0 0 0 PART I, LINE 2: CHARACTER LAB PROVIDES ONLY GENERAL OPERATING FUND GRANTS THAT DO NOT REQUIRE REPORTING OR MONITORING. 0 PART I, LINE 2: CHARACTER LAB PROVIDES ONLY GENERAL OPERATING FUND GRANTS THAT DO NOT REQUIRE REPORTING OR MONITORING. X X X X X 0 0 0 0 0 0 0 0 0 DAVE HERSH CEO 226233 0 0 0 0 0 10202 0 16486 0 252921 0 0 0 JIM SCHRODER DIRECTOR, FINANCE AND OPERATIONS 146723 0 0 0 0 0 6117 0 1374 0 154214 0 0 0 DAVID TORRES DIRECTOR, REVENUE OPERATION 137499 0 0 0 0 0 5868 0 8116 0 151483 0 0 0 X 1 865707 FAIR MARKET VALUE 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE FIGURE IN COLUMN (B) REPRESENTS THE NUMBER OF DONORS IN EACH CATEGORY. CASH 2024-05-31 25000 331071771 LEADERSHIP ENTERPRISE FOR A DIVERSE AMERICA 121 W 36TH STREET 207 NEW YORK NY 10018 501C3 CASH 2024-06-25 499000 261525207 ARRAY EDUCATION INC 23 BROADWAY 3RD FLOOR NEW YORK NY 10004 501C3 CASH 2024-06-25 1000000 266476207 RISE8 FOUNDATION 119 5TH AVENUE 8TH FLOOR NEW YORK NY 10003 501C3 CASH 2024-06-26 136531 261525207 ARRAY EDUCATION INC 23 BROADWAY 3RD FLOOR NEW YORK NY 10004 501C3 CASH 2024-06-30 499000 261525207 ARRAY EDUCATION INC 23 BROADWAY 3RD FLOOR NEW YORK NY 10004 501C3 VENDOR PREPAY CREDIT 2024-06-30 6000 261525207 ARRAY EDUCATION INC 23 BROADWAY 3RD FLOOR NEW YORK NY 10004 501C3 0 0 0 0 FORM 990, PART III, LINE 3 ALL PROGRAMS CEASED JUNE 30, 2024. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION'S BYLAWS STATES THAT THE BOARD MAY ESTABLISH AN EXECUTIVE COMMITTEE. DURING THE TAX YEAR THERE WAS NOT AN ACTIVE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION FILED A CERTIFICATE OF DISSOLUTION EFFECTIVE JUNE 30, 2024. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED BY THE ORGANIZATION'S DIRECTOR OF FINANCE AND OPERATIONS AS WELL AS THE EXECUTIVE DIRECTOR. PRIOR TO ITS SUBMISSION, THE AUDIT COMMITTEE WAS PROVIDED WITH A COPY OF THE DRAFT FORM 990. THE FORM 990 WAS ALSO PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ITS DIRECTORS, OFFICERS, KEY EMPLOYEES ("COVERED PERSONS"). PER THE POLICY, DISINTERESTED DIRECTORS ARE RESPONSIBLE FOR REVIEWING ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST BETWEEN THE ORGANIZATION AND A COVERED PERSON AND FOR DETERMINING AN APPROPRIATE ORGANIZATIONAL RESPONSE TO PROTECT THE INTERESTS OF THE ORGANIZATION. COVERED PERSONS ARE ALSO UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN OR REASONABLY SHOULD BE KNOWN WHEN THERE WAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST BETWEEN THE ORGANIZATION AND A COVERED PERSON WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION, THE DISINTERESTED DIRECTORS APPROVED SUCH ACTION OR TRANSACTION, AS DOCUMENTED IN BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 TO SET COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER, THE ORGANIZATION EMPLOYED AN EXTERNAL CONSULTANCY IN 2023 WHO COMPLETED A MARKET SCAN OF PEER ORGANIZATIONS. THE RESULTING COMPARISON WAS SHARED WITH THE GOVERNANCE COMMITTEE OF THE BOARD, WHO HAVE RESPONSIBILITY FOR APPROVING AND MONITORING COMPENSATION FOR EXECUTIVE LEADERSHIP. THE DELIBERATION AND FINAL DECISION ARE TIMELY DOCUMENTED VIA EMAIL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 375,331. MANAGEMENT AND GENERAL EXPENSES 2,600. FUNDRAISING EXPENSES 1,457. TOTAL EXPENSES 379,388. MARKETING AND BRANDING SERVICES - INNOVATION FUND: PROGRAM SERVICE EXPENSES 221,895. MANAGEMENT AND GENERAL EXPENSES 200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 222,095. CORE PRODUCTS SERVICE CONTRACT: PROGRAM SERVICE EXPENSES 298,367. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 298,367. PROGRAM RESEARCH: PROGRAM SERVICE EXPENSES 40,022. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 152. TOTAL EXPENSES 40,174. CUSTOM ENGINEERING: PROGRAM SERVICE EXPENSES 110,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,100.