2022-11-15T13:39:22-06:00 2021-12-31 521073331 DEMBO JONES PC 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2021-01-01 474066524 CONSERVATION X LABS INC CONS 9196943784 1066 31ST STREET NW WASHINGTON DC 20007 ALEX DEHGAN CEO 8555939675 2022-11-15 1 ALEX DEHGAN 999009999 BRENT A CROGHAN CPA P00846741 3017705100 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ALEX DEHGAN 1066 31ST STREET NW WASHINGTON DC 20007 4866339 0 X WWW.CONSERVATIONXLABS.ORG X 2015 DC TO IMPROVE THE EFFICACY, SPEED, COST, SUSTAINABILITY, AND SCALING OF CONSERVATION SOLUTIONS THROUGH HARNESSING EXPONENTIAL TECHNOLOGY, INNOVATION, AND ENTREPRENEURSHIP TO PREVENT HUMAN-INDUCED EXTINCTION. 10 8 23 8 0 0 5347907 4865765 4668 0 -22300 574 0 0 5330275 4866339 1141660 113360 0 0 2032909 2335309 0 0 118345 2273559 1990545 5448128 4439214 -117853 427125 3404796 2967889 930440 66408 2474356 2901481 X TO IMPROVE THE EFFICACY, SPEED, COST, SUSTAINABILITY, AND SCALING OF CONSERVATION SOLUTIONS THROUGH HARNESSING EXPONENTIAL TECHNOLOGY, INNOVATION, AND ENTREPRENEURSHIP TO PREVENT HUMAN-INDUCED EXTINCTION. 0 0 1988796 DNA: NUCLEIC ACID BARCODE IDENTIFICATION TOOL (NABIT): FORMERLY THE DNA BARCODE SCANNER, CONSERVATION X LABS HAS BEEN DEVELOPING ON A PORTABLE, BATTERY-POWERED, RAPID, LOW-COST TOOL TO PERMIT DETECTION OF A DNA OR RNA TARGET IN THE FIELD WITHOUT THE USE OF A LAB, REAGENTS, EXPENSIVE EQUIPMENT, OR SPECIALIZED TRAINING OR EXPERTISE. THE DEVELOPMENT OF THIS TOOL WILL ENABLE THOSE AT THE FRONT LINES OF CONSERVATION AND PLANETARY HEALTH - INSPECTORS, ENFORCEMENT OFFICIALS, AND PARK RANGERS, TO PERFORM ON-SITE DETECTION USING DNA OR RNA BARCODES - SHORT GENE SEQUENCES, SUCH AS THE CO1 GENE, THAT CORRESPOND TO A SPECIES OR STRAIN IDENTITY. THE DEVELOPMENT OF THIS TOOL HAS FOCUSED APPLICATIONS IN COMBATTING ILLEGAL TIMBER AND WILDLIFE TRAFFICKING, MAINTAINING TRACEABILITY IN SUPPLY CHAINS, AND DETECTING PATHOGENS AND INVASIVE SPECIES USING ENVIRONMENTAL DNA OR RNA. IN 2021 WE WERE SELECTED TO THE NIH RADX NEXT PROGRAM TO FURTHER THE ABILITY OF THE NABIT TO DETECT DISEASE. THROUGH 2021 WE PERFORMED ANALYTICAL TESTING ON OUR INSTRUMENT AND EXTENSIVE USER TESTING ON OUR KIT AND WORKFLOW. FOLLOWING THE RESULTS OF USER TESTING WE HAVE BEGUN MAKING ADJUSTMENTS TO THE TEST KIT AND NABIT SOFTWARE TO IMPROVE USABILITY AND PERFORMANCE. THROUGH 2022 WE EXPECT TO VERIFY CHANGES TO OUR TEST KIT AND INSTRUMENT THROUGH ADDITIONAL USER AND ANALYTICAL STUDIES TO LOCK ON DESIGNS FOR PRODUCTION. WE WILL ALSO CONTINUE OUR WORK AND DEVELOPMENT IN ADDITIONAL USECASES FOR WILDLIFE TRAFFICKING AND GLOBAL HEALTH. 520542 SENTINEL: DURING 2021, CXL'S ENGINEERING TEAM - THE GARAGE - CONTINUED DEVELOPMENT OF A CONSERVATION TECHNOLOGY TOOL - THE SENTINEL. THE SENTINEL IS A PLUGIN PRODUCT TO TURN TODAY'S ENVIRONMENTAL DATA LOGGERS (CAMERA TRAPS, ACOUSTIC RECORDERS) INTO SMART IOT DEVICES WITH THE POWER TO RUN COMPUTER VISION MODELS LOCALLY WITH LOW BATTERY PROCESSING POWER. ESSENTIALLY, WE CAN LEARN ABOUT WHAT HAS BEEN CAPTURED IN AN IMAGE OF AN ANIMAL BEFORE WE HAVE EVEN LOOKED AT THE IMAGE ITSELF WITH HUMAN EYES. THIS PRODUCT DEVELOPMENT INCLUDED HARDWARE DESIGN AND PROTOTYPING, SOFTWARE DEVELOPMENT, BUSINESS DEVELOPMENT, AND MARKET RESEARCH AND ANALYSIS. 1205669 113360 GRAND CHALLENGES: IN EARLY 2021, CONSERVATION X LABS LAUNCED THE GLOBAL MICROFIBER INNOVATION CHALLENGE (ANNOUNCED IN 2020, LAUNCHED IN 2021). AHEAD OF LAUNCHING THE MICROFIBER INNOVATION CHALLENGE, OUR TEAM BUILT A COALITION OF STRATEGIC PARTNERS AND DESIGNED THE PROCESS TO ADMINISTER THE COMPETITION. THE CHALLENGE IS A GLOBAL COMPETITION AWARDING $650,000 IN PRIZES FOR TRANSFORMATIVE SOLUTIONS TO ADDRESS MICROFIBER POLLUTION. THE GOAL OF THE CHALLENGE IS TO PROVIDE PROMISING INNOVATORS WITH FUNDING AND SUPPORT TO HELP THE INNOVATIONS GET TO MARKET, BECOME FINANCIALLY SUSTAINABLE AND SCALE. IN JULY 2021, CONSERVATION X LABS LAUNCHED THE AMAZON ROUND OF THE ARTISANAL MINING GRAND CHALLENGE WWW.ARTISANALMININGCHALLENGE.COM FOCUSED ON SOLUTIONS THAT MAKE ARTISANAL AND SMALL-SCALE GOLD MINING IN THE AMAZON MORE ENVIRONMENTALLY RESPONSIBLE AND SOCIALLY EQUITABLE. THE OPEN CALL CLOSED IN NOVEMBER 2021 WITH FINALISTS TO BE ANNOUNCED IN EARLY 2022. THE FINALIST TEAMS WILL RECEIVE UP TO $50,000 USD TO FIELD TEST THEIR SOLUTIONS OVER THE COURSE OF 6 MONTHS, DEMONSTRATE RESULTS, AND COMPETE FOR ADDITIONAL CASH PRIZES BASED ON THEIR PERFORMANCE. ADDITIONALLY IN NOVEMBER 2021, CONSERVATION X LABS LAUNCHED THE AMAZON COLAB WWW.ARTISANALMININGCHALLENGE.COM/COLAB, A SIX-MONTH ACCELERATION PROGRAM TO SUPPORT INNOVATOR TEAMS DEVELOPING, TESTING, AND ADVANCING SOLUTIONS TO PROTECT PEOPLE AND ECOSYSTEMS IN THE AMAZON. THE FIRST COHORT TO GO THROUGH THE AMAZON COLAB WERE THE WINNERS FROM THE ORIGINAL GLOBAL COMPETITION OF THE ARTISANAL MINING GRAND CHALLENGE WHO ADAPTED AND TESTED THEIR SOLUTIONS IN THE AMAZON REGION WITH THE SUPPORT OF LOCAL PARTNERS. 3440 3440 3718447 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 38 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC WA X X X MATT SUNDAHL 9196943784 1066 31ST STREET NW WASHINGTON DC 20007 DR ALEX DEHGAN CEO 40.00 X X 168223 0 3354 DR PAUL BUNJE COO & CHIEF SCIENTIFIC OFFICER 40.00 X X 168237 0 3354 MARCIA MARSH DIRECTOR 2.00 X 0 0 0 DON KARL DIRECTOR 2.00 X 0 0 0 THANE KREINER DIRECTOR 2.00 X 0 0 0 ALI HARTMAN DIRECTOR 2.00 X 0 0 0 JAHAN MOSLEHI DIRECTOR 2.00 X 0 0 0 JOHN ELKINGTON DIRECTOR 2.00 X 0 0 0 RAYMOND MCCAULEY DIRECTOR 2.00 X 0 0 0 DAN VERMEER DIRECTOR 2.00 X 0 0 0 336460 0 6708 2 0 1 0 0 715705 4150060 4865765 574 574 4866339 0 0 574 X 59882 59882 53478 53478 343168 233766 71924 37478 1680252 1429072 186438 64742 31499 25043 4917 1539 110880 78587 27462 4831 169510 135613 25895 8002 75053 61896 13157 742407 607843 134564 27345 26445 900 16133 7871 8262 38105 2473 35632 183646 120248 63398 33889 19310 12826 1753 5231 3440 1791 11977 10347 1630 5665 5665 SCIENTIFIC & ENGINEERIN 575692 575692 CONTRACTOR EXPENDITURES 185295 179595 5700 DONATED GOODS 83300 83200 100 BANK CHARGES 2619 2398 221 4188 2248 1940 4439214 3718447 602422 118345 3240859 2828359 45412 2808 12621 65800 26290 119142 39510 41987 41987 3404796 2967889 686506 66408 243934 0 930440 66408 X 357132 207954 2117224 2693527 2474356 2901481 3404796 2967889 427125 0 X X 0 1 X 1 0 X 1440646 2031595 3145557 5343075 4820353 16781226 1440646 2031595 3145557 5343075 4820353 16781226 8775262 8005964 2700 574 3274 38000 4500 42500 16827000 0.47580 0.28590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65800 26290 39510 39510 X 4875839 9500 9500 4866339 0 4866339 4448714 9500 9500 4439214 0 4439214 PART X, LINE 2: CONSERVATION X LABS IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS IMPOSED ON ANY INCOME RELATED TO CONSERVATION X LABS'S TAX-EXEMPT PURPOSE. CONSERVATION X LABS HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2021. CONSERVATION X LABS'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. 1 SOUTH AMERICA 0 6 PROGRAM SERVICES CONSERVATION 525522 0 6 0 0 0 6 525522 0 525522 AFGHANISTAN TO SUPPORT AFGHAN ENVIRONMENTAL DEFENDERS 7235 WIRE 0 NA FMV PERU ACCELERATING INNOVATION FOR ARTISANAL AND SMALL-SCALE MINING 21243 WIRE 0 NA FMV UNITED KINGDOM ACCELERATING INNOVATION FOR ARTISANAL AND SMALL-SCALE MINING 15000 WIRE 0 NA FMV CANADA ACCELERATING INNOVATION FOR ARTISANAL AND SMALL-SCALE MINING 10000 WIRE 0 NA FMV 4 OPEN WATER DRONE EAST ASIA AND THE PACIFIC 2 5200 MAILED FMV OPEN WATER DRONE NORTH AMERICA 1 2600 MAILED FMV OPEN WATER DRONE SUB-SAHARAN AFRICA 1 2600 MAILED FMV 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 0 ENGINEERING FOR CHANGE LLC 150 CLOVE ROAD 6TH FLOOR LITTLE FALLS NJ 07424 270287469 39990 0 FMV ACCELERATING INNOVATION FOR ARTISANAL AND SMALL-SCALE MINING SKYTRUTH PO BOX 3283 SHEPHERDSTOWN WV 25443 542059475 9892 0 FMV ACCELERATING INNOVATION FOR ARTISANAL AND SMALL-SCALE MINING 0 5 X X 0 0 0 0 0 0 0 0 0 DR PAUL BUNJE COO & CHIEF SCIENTIFIC OFFICER 168237 0 0 0 0 0 3354 0 0 0 171591 0 0 0 DR ALEX DEHGAN CEO 168223 0 0 0 0 0 3354 0 0 0 171577 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPAED BY AN OUTSIDE ACCOUNTANT, AND REVIEWED BY EXECUTIVE MANAGEMENT AND THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS INCLUDING THE CEO AND COO ARE SUBJECT TO CONSERVATION X LABS'S CONFLICT OF INTEREST POLICY. ALL ARE REQUIRED TO REVIEW AND SIGN THE POLICY ANNUALLY. DETERMINATIONS OF CONFLICTS ARE MADE AT THE BOARD OF DIRECTORS LEVEL AND IF THERE IS A CONFLICT THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATION AND DISCUSSION OF THE TRANSACTION OR EVENT UNDER REVIEW. THIS EVENT IS THEN DOCUMENTED AND STORED IN OUR CONTEMPORANEOUS NOTES OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS SET BY A CALCULATION THAT ASSESSES COMPARABILITY DATA FOR SIMILAR SOCIAL ENTERPRISES IN WASHINGTON DC (I.E, GLASSDOOR DATE), BY THE GENERAL SCHEDULE FOR FEDERAL EMPLOYEES, THOUGH ANALYSIS OF SALARY INFORMATION REPORTED ON 990'S FOR COMPARABLE ORGANIZATIONS, AND BY THE EMPLOYEE'S SALARY HISTORY AND PERFORMANCE. SALARIES FOR SCIENTIFIC, ENGINEERING AND COMPUTER SCIENCE POSITION RE SET BY THE MARKET FOR THOSE POSITION IN THE UNITED STATES AS THERE IS A NATIONAL MARKETPLACE FOT THOSE SKILLS. SALARIES ARE AVAILABLE FOR REVIEW BY OUR FUNDERS, OUR BOARD, AND ARE INCLUDED WITH OUR USG CONTRIBUTIONS AND ARE CONSISTENT WITH THE GOVERNMENT RATES FOR THOSE POSITIONS. CXL HIRED A SALARY CONSULTANT IN 2021 TO FURTHER OUR EVALUATION OF OUR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 CONSERVATION X LABS IS COMMITTED TO TRANSPARENCY, OUR GOVERNING DOCUMENTS POLICIES, AND TAXES ARE AVAILABLE ON REQUEST AND THIS IS STATED ON OUR WEBSITE. WE ALSO POST OUR 990 DOCUMENTS PUBLICLY ON GUIDESTAR AND ON OUR WEBSITE AND PROVIDE EXTENSIVE FINANCIAL REPORTS TO ALL PARTNERS AND FOUNDATIONS THAT FUND US. FORM 990, PART IX, LINE 11G TECHNICAL CONSULTING: PROGRAM SERVICE EXPENSES 228,417. MANAGEMENT AND GENERAL EXPENSES 64,582. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 292,999. CONSULTANTS: PROGRAM SERVICE EXPENSES 264,664. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 264,664. STUDENT STIPENDS: PROGRAM SERVICE EXPENSES 91,574. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,574. COMMUNICATIONS AND MEDIA SERVICES: PROGRAM SERVICE EXPENSES 12,000. MANAGEMENT AND GENERAL EXPENSES 69,982. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,982. TRANSLATION SERVICES: PROGRAM SERVICE EXPENSES 11,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,188. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CONSERVATION X LABS PBC 1066 31ST STREET NW WASHINGTON DC 20007 465738661 CONSERVATION DE N/A C 3412 11202 0.51000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0