Conservation X Labs INC EIN 47-4066524 Form 990 (PDF) Claim this org

Conservation X Labs INC

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Accelerates conservation solutions using technology and innovation to prevent extinction. For fiscal year 2024 it reported $9.1M in revenue, $7.2M in expenses, and $4.3M in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Animals
Location
Washington, DC
Website
www.conservationxlabs.org
Filings
5 on file (2020–2024)
Revenue
$9.1MFY2024
Expenses
$7.2M
Net assets
$4.3M
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-4066524 Public charity (501(c)(3)) Washington, DC Founded 2015
Form 990 (PDF)
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Figures match the IRS filing checked 8/14/26 · see original: IRS
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Size
$1–10M
What they do
Accelerates conservation solutions using technology and innovation to prevent extinction.
Leadership
Dr Alex Dehgan · CEO · $293K
Money in and out
$9.1M revenue, $7.2M expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$9.1M
Pt VIII · Ln 12
Total expenses
$7.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.9M
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.22 Fundraising $0.07
Program efficiency
71%
of spending reaches programs▲ +0.6% vs prior filing year
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate▲ +37% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +132% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$9.1M
FY2024▲ +148%
Expenses
$7.2M
FY2024▲ +19%
Total assets
$4.6M
FY2024▲ +142%
Total liabilities
$236K
FY2024▲ +53%
Total revenue
$9.1M
Pt VIII · Ln 12
Total expenses
$7.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.9M
Total assetsPt X · Ln 16$4.6M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $3.5M of program spending, described in the organization's own filed words · FY2024.
01

Conservation x labs is developing a portable, battery-powered, rapid, and low-cost handheld device called the nabit that detects dna or rna targets in the field without the need for a laboratory, reagents, expensive equipment, or specialized training or expertise.

$1.6Mprogram expense
02

In 2024, conservation x labs completed the design and fundraising for the fire grand challenge (HTTPS://CONSERVATIONXLABS.COM/FIRE), after hosting the final two convenings of the participatory design process in indonesia and california.

$980Kprogram expense
03

Sentinel is an ai-powered edge device developed by conservation x labs to transform traditional trail cameras into intelligent, near real-time monitoring tools. Designed for the most remote and challenging environments, sentinel processes images directly on the device using ai and delivers actionable data from anywhere.

$969Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConservation X Labs INC
EINHdr · item D47-4066524
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.conservationxlabs.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D31)
Ruling yearIRS BMFJun 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$292,836Pt VII · Sec A
Vice President
$292,836Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Alex Dehgan’s $293K as CEO is at the 98th percentile of top reported officer pay among 1132 $1–10M animals nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dr Alex Dehgan$292,836$241,556$179,228$168,223$167,670
Dr Paul Bunje$292,836$241,556$179,228$168,237$138,518

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$9.0M · 99%
Other revenue$135K · 1%
Contributions & grants99%$9.0M
Other revenue1%$135K
Investment income$150
— government grantsLn 1e$245K
Total revenueLn 12$9.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.22 Fundraising $0.07
Program services71%$5.1M
Management & general22%$1.6M
Fundraising7%$475K
Total functional expensesLn 25$7.2M

Balance Sheet

Part X · end of year
CashLn 1$2.5M
Total assetsLn 16$4.6M
Total liabilitiesLn 26$236K
Total net assetsLn 32$4.3M
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.5M · Operating expenses/yr $7.2M
4.1 months
Where the money goes
Program services
Program services $5.1M · Total expenses $7.2M
71%
Management & General
Management & general $1.6M · Total expenses $7.2M
22%
Fundraising
Fundraising $475K · Total expenses $7.2M
7%
Cost to raise $1
Fundraising expense (3-yr avg) $458K · Solicited contributions (3-yr avg) $6.0M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $9.0M · Total revenue $9.1M
99%
Government reliance
Government grants $245K · Total revenue $9.1M
3%
Earned-income share
Program service revenue $0 · Total revenue $9.1M
0%
Investment reliance
Investment income $150 · Total revenue $9.1M
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $7.2M
0%
Growth & trend
Revenue growth (YoY)
This year $9.1M · Prior year $3.7M
+148%
Revenue CAGR
FY2020 $5.3M · FY2024 $9.1M
+14%
Net-asset trend (YoY)
End of year $4.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $9.1M · Expenses $7.2M
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $4.6M
Net-asset ratio
Net assets $4.3M · Total assets $4.6M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Alex Dehgan · Reported title CEO · Highest reported compensation $293K · Total expenses $7.2M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.3M · Total expenses $7.2M
74%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 22%
Fundraising cost ratio 5%
Revenue growth 148%
Legal fee ratio 1%
Accounting fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$126K
Grants paid · 27 grants · $1.9M · 2020–2024
Unitemized GrantFY2024$35,071
Engineering for Change LLCFY2023$90,000
Unitemized GrantFY2023$58,096
Picoyune LLCFY2023$15,000
Tandem Repeat TechnologiesFY2022$150,000
Mango Materials INCFY2022$150,000
Werewool Fibers INCFY2022$100,000
Natural Fiber Welding INCFY2022$100,000
Engineering for Change LLCFY2022$83,293
Conservation Strategy FundCA · FY2022$49,930
Pure EarthNY · FY2022$48,316
Picoyune LLCFY2022$45,000
Chemfinity Technologies INCFY2022$41,789
Unitemized GrantFY2022$29,600
CleangoldFY2022$26,602
See all 27 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$9.1M revenue · viewing · ⤓ 990 PDF
FY2023$3.7M revenue · ⤓ 990 PDF
FY2022$7.2M revenue · ⤓ 990 PDF
FY2021$4.9M revenue · ⤓ 990 PDF
FY2020$5.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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