Social Good Labs Incorporated
EIN: 274541012 · Kapaa, HI · NTEE: T02
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $709K |
| Net Assets | $1.5M |
Is Social Good Labs Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Social Good Labs Incorporated
Social Good Labs Incorporated (EIN: 274541012) is a nonprofit organization based in Kapaa, HI, classified under NTEE code T02. The organization reported total revenue of $1.5M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Social Good Labs Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Social Good Labs Incorporated is a mid-size nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 37.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $709K |
| Surplus / Deficit | +$733K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 50.8% |
| Months of Reserves | 25.9 months |
Financial Health Grade: A
In 2022, Social Good Labs Incorporated reported a surplus of $733K with revenue exceeding expenses, holds 25.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Social Good Labs Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 37.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +126.0% | +322.5% | +91.7% |
| 2021 | +365.6% | +16.4% | +142.8% |
| 2020 | -69.8% | -38.9% | -2.1% |
| 2019 | +75.0% | +14.9% | +184.9% |
| 2018 | -50.6% | -56.3% | +84.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Social Good Labs Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Social Good Labs Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $733K, with revenue exceeding expenses.
Frequently Asked Questions about Social Good Labs Incorporated
Is Social Good Labs Incorporated a legitimate charity?
Social Good Labs Incorporated (EIN: 274541012) is a registered tax-exempt nonprofit based in Hawaii. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Social Good Labs Incorporated spend its money?
Social Good Labs Incorporated reported $1.5M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Social Good Labs Incorporated tax-deductible?
Social Good Labs Incorporated is registered as a tax-exempt nonprofit (EIN: 274541012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Social Good Labs Incorporated located?
Social Good Labs Incorporated is headquartered in Kapaa, Hawaii and files with the IRS under EIN 274541012. It is classified under NTEE code T02.
How many years of IRS 990 filings does Social Good Labs Incorporated have?
Social Good Labs Incorporated has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Filing History
IRS 990 filing history for Social Good Labs Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Social Good Labs Incorporated's revenue has grown by 3165.3%, moving from $44K to $1.4M. Total assets increased by 44664.8% over the same period, from $3K to $1.5M. Total functional expenses rose by 1640.7%, from $41K to $709K. In its most recent filing year (2022), Social Good Labs Incorporated reported a surplus of $733K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.4M | $709K | $1.5M | $0 | — | View 990 |
| 2021 | $638K | $168K | $800K | $0 | — | View 990 |
| 2020 | $137K | $144K | $329K | $0 | — | — |
| 2019 | $454K | $236K | $336K | $0 | — | View 990 |
| 2018 | $260K | $205K | $118K | $0 | — | View 990 |
| 2017 | $526K | $470K | $64K | $0 | — | View 990 |
| 2016 | $150K | $161K | $8K | $0 | — | View 990 |
| 2015 | $100K | $103K | $19K | $0 | — | View 990 |
| 2014 | $21K | $20K | $22K | $0 | — | View 990 |
| 2013 | $514K | $507K | $26K | $21K | — | View 990 |
| 2012 | $120K | $116K | $8K | $0 | — | View 990 |
| 2011 | $44K | $41K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.4M, expenses of $709K, and assets of $1.5M (revenue +126.0% year-over-year).
- 2021: Revenue of $638K, expenses of $168K, and assets of $800K (revenue +365.6% year-over-year).
- 2020: Revenue of $137K, expenses of $144K, and assets of $329K (revenue -69.8% year-over-year).
- 2019: Revenue of $454K, expenses of $236K, and assets of $336K (revenue +75.0% year-over-year).
- 2018: Revenue of $260K, expenses of $205K, and assets of $118K (revenue -50.6% year-over-year).
- 2017: Revenue of $526K, expenses of $470K, and assets of $64K (revenue +250.4% year-over-year).
- 2016: Revenue of $150K, expenses of $161K, and assets of $8K (revenue +50.0% year-over-year).
- 2015: Revenue of $100K, expenses of $103K, and assets of $19K (revenue +374.3% year-over-year).
- 2014: Revenue of $21K, expenses of $20K, and assets of $22K (revenue -95.9% year-over-year).
- 2013: Revenue of $514K, expenses of $507K, and assets of $26K (revenue +328.4% year-over-year).
- 2012: Revenue of $120K, expenses of $116K, and assets of $8K (revenue +171.8% year-over-year).
- 2011: Revenue of $44K, expenses of $41K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Social Good Labs Incorporated:
Data Sources and Methodology
This transparency report for Social Good Labs Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.