Humanbulb
Nonprofit profile at a glance
- EIN
- 932069060
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Sacramento, CA, USA
- Phone
- 9167741401
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Leadership Development
Reported finances
- Revenue
- $196,280
- Expenses
- $197,505
- Assets
- $4,408
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CHARLOTTE DANIELSSON (CEO)
Highest reported compensation
- CHARLOTTE DANIELSSON (CEO): $44,950 total reported compensation
- HENRY CHANG (CFO/SECRETARY): $44,520 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote economic equity for underrepresented groups, including bipoc, women, immigrants/refugees, and lgbtq communmities. We achieve this through steam education, workforce development, accelerator programs, and ecosystem-building initiatives for both youth and adults.
What it reported doing in 2024
Promote economic equity for underrepresented groups, including bipoc, women, immigrants/refugees, and lgbtq communmities. We achieve this through steam education, workforce development, accelerator programs, and ecosystem-building initiatives for both youth and adults.1. 1,000 attendees at four startup world cup competitions2. 2,000 middle & high school girls participated in a two day steam career exploration event at California aerospace museum3. 300 lmi, at risk, bipoc youth participated in steam workforce development programs
Operating model
- Revenue model
- Grant-funded. 75% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 0
- Sustainability: 28
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.2%; rating input score 83
- Program expense ratio: 82.7%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 0 of 9 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.6%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 45.3%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 83.2% of revenue deployed · 82.7% of spending went to programs
- Governance: 0 of 5 board members independent · 0 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $163K in reported program spending
- Leadership: top reported pay $45K · 5 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 8 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 5/100.