Laborlab EIN 86-3783640

Laborlab FY2024 filing

EIN  86-3783640 Public charity (501(c)(3)) Helena, MT Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Protects workers' rights to organize and bargain collectively by holding corporations accountable.
Leadership
Robert Funk · Executive Director · $103K
Money in and out
$475K revenue, $298K expenses
Bottom line
41% program efficiency

Protects workers' rights to organize and bargain collectively by holding corporations accountable. For fiscal year 2024 it reported $475K in revenue, $298K in expenses, and $297K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$475K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$297K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $176K
Where spending went · Part IX cols B–D
Program services $0.41 Management & general $0.32 Fundraising $0.27
Program efficiency
41%
of spending reaches programs
Operating runway
12.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+37%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$475K
FY2024▲ +68%
Expenses
$298K
FY2024▲ +35%
Total assets
$300K
FY2024▲ +149%
Total liabilities
$3K
FY2024
Total revenue
$475K
Pt VIII · Ln 12
Total expenses
$298K
Pt IX · Ln 25
Net assets
$297K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$176K
Total assetsPt X · Ln 16$300K
Program-expense ratioPt IX · col B41%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $123K of program spending, described in the organization's own filed words · FY2024.
01

Served as an educational resource for workers, worker advocates, regulators, and policymakers, primarily regarding the National Labor Relations Act (NLRA) and the Labor-Management Reporting and Disclosure Act (LMRDA).

$41Kprogram expense
02

Executed policy analysis and enforcement protocols regarding the Labor-Management Reporting and Disclosure Act (LMRDA)and provided analysis to the public, regulators, and media.

$41Kprogram expense
03

Monitored worker organizing efforts and shared findings with the public.

$41Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLaborlab
EINHdr · item D86-3783640
Principal addressHdr · item CHelena, MT
WebsiteHdr · item Jwww.laborlab.us
Year of formationHdr · item L2021
State of legal domicileHdr · item MMT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
Executive Director
$103,360Pt VII · Sec A
President
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Robert Funk$118,320$103,360$102,000$34,000

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 & grants100%$473K
Investment income$2K
— government grantsLn 1e$335K
Total revenueLn 12$475K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.41 Management & general $0.32 Fundraising $0.27
Program services41%$123K
Management & general32%$94K
Fundraising27%$82K
Total functional expensesLn 25$298K

Balance Sheet

Part X · end of year
CashLn 1$300K
Total assetsLn 16$300K
Total liabilitiesLn 26$3K
Total net assetsLn 32$297K
Months of cash on handcomputed12.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $300K · Operating expenses/yr $298K
12.1 months
Where the money goes
Program services
Program services $123K · Total expenses $298K
41%
Management & General
Management & general $94K · Total expenses $298K
32%
Fundraising
Fundraising $82K · Total expenses $298K
27%
Cost to raise $1
Fundraising expense (2-yr avg) $72K · Solicited contributions (2-yr avg) $197K
$0.37 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $473K · Total revenue $475K
100%
Government reliance
Government grants $335K · Total revenue $475K
71%
Earned-income share
Program service revenue $0 · Total revenue $475K
0%
Investment reliance
Investment income $2K · Total revenue $475K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $298K
0%
Growth & trend
Revenue growth (YoY)
This year $475K · Prior year $282K
+68%
Net-asset trend (YoY)
End of year $297K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $475K · Expenses $298K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $300K
Net-asset ratio
Net assets $297K · Total assets $300K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $300K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Funk · Reported title Executive Director · Highest reported compensation $103K · Total expenses $298K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $152K · Total expenses $298K
51%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 41%
Overhead ratio 32%
Fundraising cost ratio 17%
Revenue growth 68%
Legal fee ratio 1%
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

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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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
FY2025 (Latest)$419K revenue · ⤓ 990 PDF
FY2024$475K revenue · viewing · ⤓ 990 PDF
FY2023$282K revenue · ⤓ 990 PDF
FY2022$125K 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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