EIN 20-5958773

B Lab Company

IRS 501(c) type
501(c)(3)
Num. employees
147
City
Year formed
2006
Most recent tax filings
2022-12-01
Description
B Lab Company educates and encourages business owners across industries to measure and improve their social and environmental impact using the B Impact Assessment online tool. The company offers programs such as certification of B corporations, which are companies committed to meeting high social and environmental standards.
Total revenues
$26,678,597
2022
Total expenses
$26,325,847
2022
Total assets
$12,760,590
2022
Num. employees
147
2022

Program areas at B Lab Company

To educate and encourage business owners across industries to measure and improve their social and environmental impact using the B impact assessment online assessment tool. These programs include: (1) certification of B corporations: B corps are companies that meet rigorous standards of social and environmental performance, transparency, and accountability and are the leaders of the global movement to use business as a force for good. (2) impact management: helping all companies manage their impact on the people, communities and ecosystems they touch, via the B impact assessment and sdg action manager. (3) policy frameworks: promoting and supporting adoption of a new corporate form, that removes impediments to creating social benefit alongside value. B Lab leverages these emerging sector of consumers, investors and entrepreneurs on ways to join the global movement to improve social and environmental impact.

Who funds B Lab Company

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Ford FoundationGeneral Support and Core Support for Institutional Strengthening$2,500,000
Prudential FoundationLaunching A New Generation of Performance Requirements for B Corp Certification and Increasing Equitable Access To the B Corp Community$350,000
The Clara FundContribution To This Charity's Mission Related Charitable Activities.$250,000
...and 17 more grants received

Personnel at B Lab Company

NameTitleCompensation
Andrew DaviesCEO, B Lab Australia and Aotearoa New Zealand
Jorge FontanezCEO, B Lab U.s and Canada$270,540
Lucy MuigaiInterim CEO, B Lab Africa
Susan CoriChief Operating Officer$128,761
Chris TurnerExecutive Director, B Lab Uk$0
...and 18 more key personnel

Financials for B Lab Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$8,625,299
Program services$16,586,354
Investment income and dividends$6,176
Tax-exempt bond proceeds$0
Royalty revenue$1,473,998
Net rental income$0
Net gain from sale of non-inventory assets$-13,578
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$348
Total revenues$26,678,597

Form 990s for B Lab Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-24990View PDF
2021-122022-09-01990View PDF
2020-122021-08-12990View PDF
2019-122021-02-19990View PDF
2018-122019-09-20990View PDF
...and 9 more Form 990s

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Data update history
January 29, 2024
Updated personnel
Identified 2 new personnel
December 24, 2023
Received grants
Identified 7 new grant, including a grant for $250,000 from The Clara Fund
September 27, 2023
Updated personnel
Identified 7 new personnel
September 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Social advocacy organizationsPublic sector nonprofitsHeadquarter / parent organizationsCharities
Issues
Public policy
Characteristics
LobbyingOperates internationallyNational levelReceives government fundingTax deductible donations
General information
Address
15 Waterloo Ave
Berwyn, PA 19312
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Chester County, PA
Website URL
bcorporation.net/en-us/ 
Phone
(601) 293-0299
Facebook page
bcorporation 
IRS details
EIN
20-5958773
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W03: Public and Societal Benefit Professional Societies and Associations
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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