2022-09-01T14:48:32-05:00 2021-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2021-01-01 205958773 B LAB COMPANY BLAB 6012930299 15 WATERLOO AVENUE BERWYN PA 19312 SUSAN CORI CHIEF OPERATING OFFICER 6012930299 2022-09-01 1 SUSAN CORI XXX-XX-XXXX RICHARD J LOCASTRO CPA P00288314 3019519090 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z ELEANOR ALLEN 15 WATERLOO AVENUE BERWYN PA 19312 18998480 0 X WWW.BCORPORATION.NET X 2006 PA SEE PART III, LINE 1. 9 8 127 8 0 0 4962279 8452351 9094875 8479679 18118 8676 300050 2052620 14375322 18993326 0 0 0 0 9676578 12541498 0 0 721703 6136103 5422069 15812681 17963567 -1437359 1029759 9862189 11530827 5418874 6225161 4443315 5305666 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 14356896 8479679 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. 14356896 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 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 1 1 1 0 0 1 53 0 1 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 1 0 0 0 0 1 1 0 1 1 1 1 0 1 1 1 1 1 1 1 CA NY PA X CHRISTINA POWER 6012930299 15 WATERLOO AVENUE BERWYN PA 19312 LORENE AREY CO-CHAIR 2.00 X X 0 0 0 ESTHER BENJAMIN BOARD MEMBER 2.00 X 0 0 0 DEBRA DUNN 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 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 BARTON HOULAHAN CO-CEO B LAB GLOBAL, BOARD MEMBER 40.00 X X 208082 0 16534 ANDREW KASSOY CO-CEO B LAB GLOBAL 40.00 X 212433 0 3000 BENJAMIN ANDERSON CO-CEO B LAB U.S. & CANADA 40.00 X 205273 0 24768 SUSAN CORI CHIEF OPERATING OFFICER 40.00 X 145323 0 24768 VALERIA JOKISCH TREASURER, EXEC. DIR. PEOPLE & OP. 40.00 X 133506 0 21498 JORGE FONTANEZ CO-CEO B LAB US & CA (BEG. 07/21) 40.00 X 119548 0 0 ANTHEA KELSICK CO-CEO B LAB US & CA (END 01/21) 40.00 X 27956 0 0 JAY COEN GILBERT CO-FOUNDER 40.00 X 193669 0 21768 JOHN VITELLI HEAD OF TECHNOLOGY 40.00 X 166833 0 24768 KIM COUPOUNAS SENIOR DIRECTOR OF GLOBAL IMPACT 40.00 X 154302 0 21768 JOHN HILLSTROM SENIOR SYSTEMS ENGINEER 40.00 X 150463 0 24768 JONATHAN PITCHERELLA LEAD SOFTWARE ENGINEER 40.00 X 132041 0 24768 1849429 0 208408 22 0 1 0 FINSBURY GLOVER HERING 1025 F STREET NW 9TH FLOOR WASHINGTON DC 20004 STRATEGIC ADVISORY SERVICES 261000 KORN FERRY PO BOX 1450 MINNEAPOLIS MN 55485 EXECUTIVE RECRUITING 164300 PROVOC INC 1327 14TH ST NW STE 330 WASHINGTON DC 20005 MARKETING & COMMUNICATIONS 152949 SENSE LAB DONA EPONINA AFONSECA ST SAO PAULO BR 04720-010 STRATEGIC ADVISORY SERVICES 123135 4 2935126 5517225 8452351 B CORP FEES 900099 7951281 7951281 GLOBAL PARTICIPANT FEES 900099 528398 528398 8479679 13436 13436 2052382 2052382 394 5154 -4760 -4760 -4760 MISCELLANEOUS 900099 238 238 238 18993326 8479679 0 2061296 X 1142689 364792 733892 44005 9539442 8258213 874359 406870 147560 128136 13134 6290 950574 749677 164590 36307 761233 618298 110670 32265 169553 135631 27388 6534 261000 261000 2799731 2187371 494399 117961 187525 185945 1580 49064 41777 4183 3104 824 650 160 14 422305 359585 36003 26717 11309 9448 1861 13759 11494 2265 59577 49707 7687 2183 101435 84218 13467 3750 86207 73404 7349 5454 TECH. PLATFORMS & SUBS. 662178 479597 159271 23310 BAD DEBT EXPENSE 219439 219439 IMPLEMENTING PARTNERS 156435 156435 PROGRAM COMMISSIONS 104471 104471 117257 97047 14851 5359 17963567 14356896 2884968 721703 1575974 1391817 6461874 3979859 1743456 2621164 122702 154887 224159 671097 440061 163671 231036 2161311 -360375 921481 9862189 11530827 711757 779783 131906 3838397 5313472 868720 5418874 6225161 X 2236884 3298569 2206431 2007097 4443315 5305666 9862189 11530827 X 1029759 -167407 X 0 1 X 1 0 X 5592382 6048857 8984837 4962279 8452351 34040706 5592382 6048857 8984837 4962279 8452351 34040706 8466943 25573763 453950 674405 1421032 2226684 2065818 6841889 238 238 40882833 33984927 0.62550 0.71210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16012 317103 333115 17630453 17963568 1000000 250000 0 0 724368 820968 814574 1000000 3359910 5039865 41347 58194 129584 333115 562240 181092 205242 203644 250000 839978 1259967 16012 16012 97467 92343 5124 391239 228569 162670 182391 119149 63242 231036 DUE FROM B LAB NETWORK 879911 DEPOSITS 41570 921481 X 18996529 3203 3203 18993326 0 18993326 17966771 3203 3203 17963568 0 17963568 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020, 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. SOUTH AMERICA 1 2 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 495298 EAST ASIA AND THE PACIFIC 0 4 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 730400 EUROPE (INCLUDING ICELAND & GREENLAND) 2 7 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 1479293 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 25227 NORTH AMERICA 0 1 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 104103 3 14 0 0 3 14 2834321 0 2834321 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X 0 0 0 0 0 0 0 0 0 BENJAMIN ANDERSON CO-CEO B LAB U.S. & CANADA 205273 0 0 0 0 0 3000 0 21768 0 230041 0 0 0 BARTON HOULAHAN CO-CEO B LAB GLOBAL, BOARD MEMBER 208082 0 0 0 0 0 3000 0 13534 0 224616 0 0 0 JAY COEN GILBERT CO-FOUNDER 193669 0 0 0 0 0 0 0 21768 0 215437 0 0 0 ANDREW KASSOY CO-CEO B LAB GLOBAL 212433 0 0 0 0 0 3000 0 0 0 215433 0 0 0 JOHN VITELLI HEAD OF TECHNOLOGY 166833 0 0 0 0 0 3000 0 21768 0 191601 0 0 0 KIM COUPOUNAS SENIOR DIRECTOR OF GLOBAL IMPACT 154302 0 0 0 0 0 0 0 21768 0 176070 0 0 0 JOHN HILLSTROM SENIOR SYSTEMS ENGINEER 150463 0 0 0 0 0 3000 0 21768 0 175231 0 0 0 SUSAN CORI CHIEF OPERATING OFFICER 145323 0 0 0 0 0 3000 0 21768 0 170091 0 0 0 JONATHAN PITCHERELLA LEAD SOFTWARE ENGINEER 132041 0 0 0 0 0 3000 0 21768 0 156809 0 0 0 VALERIA JOKISCH TREASURER, EXEC. DIR. PEOPLE & OP. 133506 0 0 0 0 0 3000 0 18498 0 155004 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE GOVERNING DOCUMENTS WERE UPDATED TO INCLUDE REVISIONS TO EXPAND ON THE ORGANIZATION'S PURPOSE, OFFICES AND COMMITTEE CONCEPTS, UPDATE BOARD TERMS, THE EXECUTIVE DIRECTOR ROLE, MEETING PARTICIPATION, GIFT ACCEPTANCE POLICY, CONTRACT AND BANKING POLICIES, EXCESS BENEFIT TRANSACTIONS AND THE FISCAL YEAR AND AUDIT PROCESS. 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 2021. 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 FUNDRAISING CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 73,679. TOTAL EXPENSES 73,679. COMMS: PROGRAM SERVICE EXPENSES 88,558. MANAGEMENT AND GENERAL EXPENSES 34,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,558. EXECUTIVE RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 221,900. FUNDRAISING EXPENSES 42,400. TOTAL EXPENSES 264,300. COACHING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 89,233. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,233. EVENT MANAGEMENT: PROGRAM SERVICE EXPENSES 209,073. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 209,073. INTERPRETING AND TRANSLATION: PROGRAM SERVICE EXPENSES 81,047. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,047. MEDIA: PROGRAM SERVICE EXPENSES 90,870. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,870. ADVISORY FEES: PROGRAM SERVICE EXPENSES 1,717,823. MANAGEMENT AND GENERAL EXPENSES 149,266. FUNDRAISING EXPENSES 1,882. TOTAL EXPENSES 1,868,971. FORM 990, PART XI, LINE 9: LOSS FROM INVESTMENT IN B LAB IP LLC -136,744. EXCHANGE RATE LOSS -30,663. GIIRS LLC 15 WATERLOO AVENUE BERWIN PA 19312 PRODUCT DELIVERABLES FOR B-LAB PA 0 0 B LAB CORP B LAB US & CANADA LLC 15 WATERLOO AVENUE BERWIN PA 19312 SUPPORT NEW AND EXISTING B CORPORATIONS IN THESE REGIONS PA 8284125 0 B LAB CORP B LAB IP LLC 15 WATERLOO AVENUE BERWIN PA 19312 463021233 JOINT VENTURE ACTIVITY PA B LAB COMPANY RELATED -1650 0 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 B LAP IP LLC S 2161311 CONTRACTUAL PART III, RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP: DURING THE YEAR, B LAB IP, LLC DISSOLVED. THEREFORE, THERE ARE NO ASSETS TO REPORT AT YEAR END.