2022-12-08T10:52:13-06:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2021-07-01 462444163 THE CHARACTER LAB INC CHAR 6464227767 PO BOX 37635 PMB 47960 PHILADELPHIA PA 191010635 JIM SCHRODER PARTNER, FINANCE, OPERATIONS 6464227767 2022-12-07 1 JIM SCHRODER 999009999 WILLIAM A LOUGHERY P01603932 2156433900 2022-12-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X SEAN TALAMAS PO BOX 37635 PMB 47960 PHILADELPHIA PA 191010635 7737490 0 X WWW.CHARACTERLAB.ORG X 2012 DE CHARACTER LAB ADVANCES SCIENTIFIC INSIGHTS THAT HELP KIDS THRIVE 8 6 29 10 0 0 6768129 6777342 0 176244 -19027 -7012 0 0 6749102 6946574 10000 0 0 0 2469710 3038938 20884 0 131327 3305788 3006497 5806382 6045435 942720 901139 3541149 4681422 634572 873703 2906577 3807719 CHARACTER LAB ADVANCES SCIENTIFIC INSIGHTS THAT HELP KIDS THRIVE. 0 0 4716155 0 176244 BY CONNECTING RESEARCHERS WITH EDUCATORS, CHARACTER LAB SEEKS TO CREATE GREATER KNOWLEDGE ABOUT THE CONDITIONS THAT LEAD TO WELL-BEING FOR YOUNG PEOPLE THROUGHOUT THE COUNTRY. TO LEARN MORE, GO TO WWW.CHARACTERLAB.ORG.IN 2021-2022, CHARACTER LAB REACHED THE FOLLOWING MILESTONES:-WE FACILITATED 88 RESEARCH STUDIES-PREVIOUS STUDIES WERE FEATURED IN PUBLICATIONS IN TOP-TIER JOURNALS INCLUDING NATURE, PSYCHOLOGICAL SCIENCE, AND THE QUARTERLY JOURNAL OF ECONOMICS-WE SHARED ACTIONABLE ADVICE WITH THOUSANDS OF PARENTS AND EDUCATORS, INCLUDING AN APPEARANCE ON CBS MORNINGS AND PARTNERSHIPS WITH TED-ED AND KELLOGGS 4716155 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 203 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 1 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 X JIM SCHRODER 6464227767 PO BOX 37635 PMB 47960 PHILADELPHIA PA 191010635 DAVE LEVIN CO-FOUNDER AND SECRETARY 1.00 X X 40000 0 0 ERICA DEWAN TREASURER (ENDED 04/2022) 1.00 X X 0 0 0 CHRISTOPHER NORTH TREASURER 1.00 X X 0 0 0 LUIS VON AHN CHAIRMAN 1.00 X X 0 0 0 JIM SHELTON DIRECTOR 1.00 X 0 0 0 FEROZ DEWAN DIRECTOR (ENDED 04/2022) 1.00 X 0 0 0 JACKIE BEZOS DIRECTOR 1.00 X 0 0 0 DOMINIC RANDOLPH CO-FOUNDER AND BOARD MEMBE 1.00 X 20000 0 0 BRIDGET TERRY LONG DIRECTOR 1.00 X 0 0 0 PIYUSH TANTIA DIRECTOR 1.00 X 0 0 0 SEAN TALAMAS EXECUTIVE DIRECTOR 40.00 X 232500 0 14512 JIM SCHRODER PARTNER, FINANCE, OPS AND STRATEGY 40.00 X 118635 0 4745 TARA TAYLOR PARTNER, DESIGN THINKING 40.00 X 120068 0 13264 ELLIOT LUSCOMBE PARTNER, STRATEGIC PARTNERSHIPS 40.00 X 113523 0 10254 DIANA GOULD PARTNER, PEOPLE OPERATIONS 40.00 X 117392 0 10274 MEG FORAN PARTNER, SCHOOL PARTNERSHIPS 40.00 X 106818 0 9788 868936 0 62837 6 0 1 0 QUALTRICS 333 WEST RIVER PARK DRIVE SUITE 48 PROVO UT 84604 RESEARCH SERVICES 651200 YES& 1700 DIAGONAL ROAD ALEXANDRIA VA 22314 WEB DEVELOPMENT 306909 MATHEMATICA POLICY RESEARCH PO BOX 2393 PRINCETON NJ 08543 DATA PROCESSING AND ANALYSIS 282539 LARSON COMMUNICATIONS 1725 PIERCE STREET 1 SAN FRANCISCO CA 94115 PR AND COMMUNICATIONS 215000 MICHELLE SHIH 49 BREEZEMONT AVE RIVERSIDE CT 06878 EDITING 137569 8 6777342 790916 6777342 RESEARCH SERVICES 541700 176244 176244 176244 93 93 783811 790916 -7105 -7105 -7105 6946574 176244 0 -7012 X 435657 265481 162218 7958 2223968 1744230 397926 81812 86293 59937 23578 2778 106886 75350 27899 3637 186134 129283 50858 5993 144096 128982 15114 125302 125302 1715495 1513848 186903 14744 438234 381650 54697 1887 101144 70139 29683 1322 285276 249370 35906 103140 67065 32073 4002 32769 12196 14081 6492 4226 4226 26333 26333 PROFESSIONAL DEVELOPMEN 30482 18624 11156 702 6045435 4716155 1197953 131327 1346054 2893062 1421073 1421354 371881 17500 397916 349506 30188 30188 4225 0 3541149 4681422 330675 291868 303897 581835 634572 873703 X 2906577 3307719 500000 2906577 3807719 3541149 4681422 X 901139 3 X 0 1 X 1 0 X 745426 4761364 3476097 6768129 6777342 22528358 745426 4761364 3476097 6768129 6777342 22528358 15496192 7032166 5758 8530 10255 280 93 24916 26332 26332 22579606 176244 0.31140 0.34300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FEE FOR SERVICE - 2017 AMOUNT: $ 26,332. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30188 30188 0 0 X 6946574 0 6946574 0 6946574 6045435 0 6045435 0 6045435 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE IRC AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. X X X X X 0 0 0 0 0 0 0 0 0 SEAN TALAMAS EXECUTIVE DIRECTOR 232500 0 0 0 0 0 0 0 14512 0 247012 0 0 0 X 1 790916 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. 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 2 FEROZ DEWAN, BOARD MEMBER, AND ERICA DEWAN, TREASURER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS IN MAY 2022, THE FOLLOWING CHANGES WERE MADE: - ARTICLE III (OFFICERS) WAS AMENDED TO REMOVE THE SECRETARY POSITION FROM THE OFFICERS, AND COMBINED THE PREVIOUS SECRETARY ROLE WITH THE TREASURER. - ARTICLE IV (COMMITTEES) WAS AMENDED TO CLARIFY THE AUTHORITY OF COMMITTEES TO READ THE FOLLOWING: "NO COMMITTEE SHALL HAVE THE POWER OR AUTHORITY TO (I) AMEND OR REPEAL THE CORPORATION'S CERTIFICATE OF INCORPORATION OR THESE BYLAWS, OR ADOPT NEW BYLAWS, (II) ADOPT AN AGREEMENT OF MERGER OR CONSOLIDATION, (III) AUTHORIZE THE SALE, LEASE OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S PROPERTY AND ASSETS, (IV) DISSOLVE THE CORPORATION OR REVOKE A RESOLUTION DISSOLVING THE CORPORATION, (V) REMOVE DIRECTORS FROM THE BOARD OF DIRECTORS OR COMMITTEE THEREOF, OR (VI) APPOINT COMMITTEES (OTHER THAN SUBCOMMITTEES OF THE COMMITTEE ITSELF, PROVIDED THAT THE ACTIONS OF SUCH SUBCOMMITTEE ARE SUBJECT TO THE APPROVAL OF THE COMMITTEE) OR MEMBERS OF THE BOARD OF DIRECTORS OR FILL ANY VACANCIES THEREOF. COMMITTEES NOT HAVING AND EXERCISING THE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE CORPORATION MAY BE DESIGNATED AND APPOINTED BY A RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE, BUT THESE COMMITTEES SHALL NOT BE TREATED AS COMMITTEES OF THE BOARD AND MEMBERS OF SUCH COMMITTEES NEED NOT BE DIRECTORS." 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 EXECUTIVE DIRECTOR, THE ORGANIZATION EMPLOYED AN EXTERNAL CONSULTANCY IN 2021 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 IN MINUTES. 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 620,297. MANAGEMENT AND GENERAL EXPENSES 186,903. FUNDRAISING EXPENSES 14,744. TOTAL EXPENSES 821,944. MARKETING AND BRANDING SERVICES - INNOVATION FUND: PROGRAM SERVICE EXPENSES 237,985. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 237,985. CORE PRODUCTS SERVICE CONTRACT: PROGRAM SERVICE EXPENSES 327,976. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 327,976. PROGRAM RESEARCH: PROGRAM SERVICE EXPENSES 161,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 161,400. CUSTOM ENGINEERING: PROGRAM SERVICE EXPENSES 166,190. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 166,190. FORM 990, PART XI, LINE 9: ROUNDING 3.