Us Good Business Lab Foundation

Nonprofit profile at a glance

EIN
824402495
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Ann Arbor, MI, USA
Phone
7342100899
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Social Science

Official website

Reported finances

Revenue
$937,060
Expenses
$882,832
Assets
$2,682,141
Liabilities
$2,579,015

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ACHYUTA RASENDRA ADHVARYU (PRESIDENT AN)

Highest reported compensation

  • NIRMAL DESHPANDE (MANAGING DIR): $223,128 total reported compensation
  • MAMTA PIMOLI (VENTURE AD/S): $116,999 total reported compensation
  • ACHYUTA RASENDRA ADHVARYU (PRESIDENT AN): $98,037 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organizations mission is to improve the lives of disenfranchised workersparticularly low-income, minority, and female workers who face systemic barriers to opportunitythrough public interest research and field-based interventions. Our work focuses on promoting equitable access to dignified employment, skills, healthcare, and economic mobility in both the u.s. And developing countries. The organization conducts rigorous social science research and intervention testing in furtherance of exclusively charitable and educational purposes. Our studies examine how to reduce labor market discrimination, increase female labor force participation, expand access to essential skills and education, and improve health outcomes that affect workforce engagement. We also investigate how private sector practices may support these aims, provided that any benefit to businesses is strictly incidental and subordinate to the public benefit. The overarching goal is to generate evidence-based strategies tha

What it reported doing in 2024

Testing an advisory service to support rural womens economic empowerment through migration and employment project objectives: to improve the economic and social well-being of rural women in india by supporting their transition from rural areas to urban employment. To address barriers such as early marriage, mobility restrictions, and lack of work preparedness through structured counseling and migration support. To enhance womens autonomy, financial decision-making, and mental health by enabling access to stable employment and safe migration pathways. Accomplishments: the organization, in collaboration with a nonprofit research partner, conducted a field-based intervention funded by a private foundation. The project aimed to evaluate how targeted support services can enhance labour market access and economic outcomes for low-income rural women in india. The intervention was delivered at three rural centers and reached 321 women through structured migration counseling and post-placement support. Pre-migration and post-migration counseling sessions were conducted to prepare women and support their transition to formal urban employment. Follow-up surveys were administered to assess outcomes related to employment status, autonomy, and psychological well-being. Accomplishments: delivered intervention support to 321 women, with over 70% taking up formal employment after migrating to bengaluru. Achieved a 30% reduction in monthly turnover rates and 3.3% increase in monthly attendance among treatment group participants. Observed a 0.28 sd (moderate positive impact) increase in financial decision-making power and improvements in self-esteem and life satisfaction. Continued use of randomized controlled trial methods ensures rigorous evaluation of outcomes across employment, mental health, and empowerment indicators. Long-term goals: to generate scalable evidence on how migration counseling and post- placement support can increase female labor force participation in india. To influence skill development and labour mobility policies by demonstrating the potential of targeted interventions to address structural gender and spatial inequities. To expand the model to underserved regions and collaborate with government and private partners to institutionalize these practices in national skilling programs.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 76
  • Accountability: 79
  • Sustainability: 47
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.5%; rating input score 84
  • Program expense ratio: 89.7%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.8%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 3.04; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.96; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 49.6%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 57.1% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 30.9% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: -49% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 84.5% of revenue deployed · 89.7% of spending went to programs
  • Governance: 4 of 5 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $792K in reported program spending
  • Leadership: top reported pay $223K · 8 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • Review — Sustainability: Operating margin scored 52/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.