The Workers Lab
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Invests in and supports new worker-led ideas to help them thrive. For fiscal year 2024 it reported $3.2M in revenue, $3.1M in expenses, and $896K in net assets.Pt I
Summary of the Filing
Where the work happens
Technology
Joined in 2024, WorkIt Labs was born out of the vision of worker leaders who recognized the need for technology built for and with those on the frontlines of worker organizing. From these early conversations, our mission was born - to design, develop, and deliver technology that puts power in the hands of workers.
Innovation Fund
The Innovation Fund is our signature program and the primary way we source and fund experiments. It is a national prize competition that we host up to three times a year. We leverage a fellowship model where fellows include entrepreneurs, worker organizers, non-profit leaders, and/or public sector leaders who receive a monthly stipend…
Design Sprint
In 2023, The Workers Lab ran a design sprint to explore how flexible work can be quality work. All work, whether it is standard employment or gig and contract work, should allow workers flexibility without sacrificing quality. We invested over 1 million to demonstrate how to make this possible.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Adrian Haro’s $238K as CEO is at the 76th percentile of top reported officer pay among 2834 $1–10M community development 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Adrian Haro | $238,143 | $197,069 | $166,990 | $210,268 | $204,202 |
| Betsy Edasery | — | — | $139,806 | $179,526 | $179,971 |
| Eduardo Morales | — | $154,458 | $162,413 | $175,215 | $171,288 |
| Catherine Huang | $171,291 | — | — | — | — |
| Tiffany M Ferguson | — | — | — | — | $158,838 |
| Jeshua John | $156,890 | $141,273 | $145,913 | $148,372 | — |
| Antonella Vassallo | $141,149 | $134,393 | $113,549 | $109,473 | — |
| Joseph Baclig | $137,751 | — | — | — | — |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 75% | — | — |
| Overhead ratio | 18% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | -14% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 3% | — | — |
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
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Filings & Schedule Manifest
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Sources
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