2026-09-24T09:11:26-05:00 2025-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2025-01-01 205958773 B LAB COMPANY BLAB 6012930299 1801 MARKET STREET 2670 PHILADELPHIA PA 19103 CHRISTINA POWER DIRECTOR OF FINANCE 6012930299 2026-09-24 1 ELIZABETH W HELLER P00397829 3019519090 2025 CLAY BROWN 1801 MARKET STREET 2670 PHILADELPHIA PA 19103 39021806 0 X WWW.BCORPORATION.NET X 2006 PA SEE PART III, LINE 1. 3 2 90 8 0 0 1664304 1800477 28012127 26276770 8022 26671 2346519 10915073 32030972 39018991 175000 142800 0 0 15481908 16597607 6653 6997 776040 15821782 18920927 31485343 35668331 545629 3350660 14977886 16500142 9128300 7419099 5849586 9081043 X TO EDUCATE AND ENCOURAGE BUSINESS OWNERS ACROSS INDUSTRIES TO MEASURE AND IMPROVE THEIR SOCIAL AND ENVIRONMENTAL IMPACT USING THE B IMPACT ASSESSMENT ONLINE TOOL. 0 0 30336187 142800 26276770 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. 30336187 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 49 0 1 90 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 CA NY PA X CHRISTINA POWER 6012930299 1801 MARKET STREET STE 2670 PHILADELPHIA PA 19103 X ANDREW KASSOY CO-FOUNDER, CO-CHAIR (END 06/25) 2.00 X X 0 0 0 BARTON HOULAHAN CO-FOUNDER, BOARD MEMBER 2.00 X X 0 0 0 WILLIAM CLARK JR SEE SCH O SECRETARY 2.00 X X 90382 0 0 FRANCINE LEMOS SEE SCH O BOARD MEMBER (END 06/25) 2.00 X 102381 0 0 KATIE HILL CO-CHAIR & TREASURER (01/25-12/25) 2.00 X X 0 0 0 LUIS DUARTE TREASURER (END 01/25) 2.00 X X 0 0 0 WOJCIECH BAGINSKI BOARD MEMBER (END 06/25) 2.00 X 0 0 0 ESTHER BENAJMIN BOARD MEMBER (END 01/25) 2.00 X 0 0 0 CHRIS TURNER BOARD MEMBER (END 06/25) 2.00 X 0 0 0 MAHLET GETACHEW BOARD MEMBER 2.00 X 0 0 0 JORGE FONTANEZ CEO, B LAB US & CANADA (END 06/25) 40.00 X 356344 0 3714 CLAY BROWN INTERIM CO-LEAD EXECUTIVE 40.00 X 305887 0 6964 SARAH SCHWIMMER INTERIM CO-LEAD EXECUTIVE 40.00 X 249555 0 13210 HOLLY ENSIGN-BARSTOW INTERIM CEO (START 06/25) 40.00 X 187632 0 26580 CHRISTINA POWER DIRECTOR - FINANCE/TREASURER 40.00 X 171876 0 28795 ELLONDA WILLIAMS INTERIM CEO (START 06/25) 40.00 X 162141 0 19706 EMELIA SCHNED HEAD OF GLOBAL TRANSFORMATION 40.00 X 184262 0 29594 SARAH SILVERMAN DIR. - MRKT. & COMM. (END 09/25) 40.00 X 164280 0 20061 AKHILAH WILSON COMMERCIAL ATTORNEY 40.00 X 162827 0 11999 NATHAN ANDRES DIRECTOR - PEOPLE & CULTURE 40.00 X 160125 0 19217 CHARLOTTE LEVITT DIR. - MARKETING AND COMM. 40.00 X 154001 0 4607 2451693 0 184447 27 0 1 0 FUTURICE LTD 58 HERSCHEL STREET SLOUGH UK SL1 1HD DIGITAL TRANSFORMATION SERVICES 581029 CI&T INC 630 FREEDOM BUSINESS CTR DR 3FL 1 MONTGOMERY PA 19406 PROGRAM SERVICES 493349 EVERSHEDS SUTHERLAND BV 1008 AC AMSTERDAM TW 10-9E NL LEGAL ADVISORY SERVICES 271883 SCS STANDARDS 2000 POWELL STREET STE 600 EMERYVILLE CA 94608 PROGRAM SERVICES 238329 SENSIBA SAN FILIPPO LLP 5960 INGLEWOOD DRIVE SUITE 201 PLEASANTON CA 94588 PROGRAM SERVICES 177056 11 1800477 1800477 B CORP FEES 900099 17344231 17344231 VERIFICATION AND LICENCE FEES 900099 7455479 7455479 NETWORK TRANSFORMATION 900099 1398588 1398588 MOVEMENT BUILDERS 900099 36175 36175 CONSULTANT ACCREDITATION 900099 23600 23600 18697 18697 26276770 29486 29486 10905209 10905209 2815 -2815 -2815 -2815 MISCELLANEOUS 900099 9864 9864 9864 39018991 26276770 0 10941744 X 80000 80000 62800 62800 1888233 701610 972521 214102 12752339 11483962 919459 348918 175710 155808 14958 4944 1052038 924874 92272 34892 729287 609699 91882 27706 910944 910944 24690 24690 6997 6997 11913475 11693520 219955 709220 706529 2691 131656 27458 103159 1039 476812 433286 27126 16400 654664 568573 40683 45408 412408 358174 25629 28605 177168 177168 164594 161558 2153 883 133445 121263 7592 4590 BAD DEBT EXPENSE 1413807 1413807 TECH. PLATFORMS & SUBS. 995981 777530 185866 32585 PROGRAM COMMISSIONS 355603 355603 PROF. DEVELOPMENT 220485 202996 11209 6280 225975 225975 35668331 30336187 4556104 776040 7120805 8991045 57178 1058000 504000 646500 2450151 1898045 42988 321545 247482 462311 456312 29320 5999 1729049 1584961 2722850 2068110 14977886 16500142 2941313 2239053 2039281 1475064 4106688 3623045 41018 81937 9128300 7419099 X 4773588 7315591 1075998 1765452 5849586 9081043 14977886 16500142 X 3350660 -119203 X 0 1 X 1 0 X 8452351 8625299 6129874 1664304 1800477 26672305 8452351 8625299 6129874 1664304 1800477 26672305 7270052 19402253 2065818 1480174 1398243 2341702 10934695 18220632 238 348 13250 12839 9864 36539 44929476 101178193 0.43180 0.54490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 35668331 35668331 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 255047 136800 122130 513977 250000 250000 250000 250000 1000000 1500000 8066 8066 0 268854 268854 0 185391 179392 5999 5999 DUE FROM B LAB NETWORK 1949770 RIGHT OF USE ASSETS 81937 DEPOSITS 36403 2068110 OPERATING LEASE LIABILITIES 81937 81937 39018991 0 39018991 0 39018991 35668331 0 35668331 0 35668331 1 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 7720572 EUROPE (INCLUDING ICELAND & GREENLAND) 0 13 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 4753799 NORTH AMERICA 0 4 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 487910 SOUTH AMERICA 0 6 PROGRAM SERVICES GLOBAL POLICY SUPPORT, MARKETING AND COMMUNICATIONS. 198898 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 30000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 32800 0 24 0 0 0 24 13223979 0 13223979 EAST ASIA AND THE PACIFIC FISCAL SPONSORSHIP 30000 WIRE TRANSFER 0 SOUTH AMERICA FISCAL SPONSORSHIP 32800 WIRE TRANSFER 0 1 1 1 0 0 0 0 0 PART I, LINE 2: B LAB COMPANY MONITORS GRANTS AND OTHER ASSISTANCE OUTSIDE THE UNITED STATES THROUGH PERIODIC FINANCIAL AND PROGRAMMATIC REVIEW. THE FINANCE AND PROGRAM TEAMS REVIEW GRANT EXPENDITURES AGAINST BUDGETS, MONITOR OUTSTANDING FUNDS, AND REVIEW THE PURPOSE, RELEASE, AND USE OF GRANT FUNDS. GRANT ACTIVITY IS RECONCILED TO THE GENERAL LEDGER, AND SUPPORTING DOCUMENTATION FOR GRANT EXPENDITURES IS MAINTAINED AND REVIEWED. 1 PURPOSE TRUST OWNERSHIP NETWORK 2307 SE 72ND AVENUE PORTLAND OR 97215 331284308 501(C)(3) 80000 0 FISCAL SPONSORSHIP 1 0 PART I, LINE 2: GRANTS ARE MONITORED QUARTERLY BY REVIEWING BUDGET V/S ACTUAL ANALYSIS, REVIEWING PENDING FUNDS, PREPARATION OF NET ASSET ROLL FORWARD AND RECONCILIATION WITH THE GENERAL LEDGER. THE FINANCE TEAM AND SG TEAM CONNECT REGULARLY TO REVIEW THE PURPOSE, RELEASE AND USE OF THE GRANTS. SUPPORTING DOCUMENTATION FOR GRANT EXPENDITURES ARE STORED AND REVIEWED. X X X 1 0 0 0 0 0 0 0 0 JORGE FONTANEZ CEO, B LAB US & CANADA (END 06/25) 193279 0 0 0 163065 0 3000 0 714 0 360058 0 0 0 CLAY BROWN INTERIM CO-LEAD EXECUTIVE 305887 0 0 0 0 0 5839 0 1125 0 312851 0 0 0 SARAH SCHWIMMER INTERIM CO-LEAD EXECUTIVE 249555 0 0 0 0 0 3000 0 10210 0 262765 0 0 0 HOLLY ENSIGN-BARSTOW INTERIM CEO (START 06/25) 187632 0 0 0 0 0 0 0 26580 0 214212 0 0 0 EMELIA SCHNED HEAD OF GLOBAL TRANSFORMATION 184262 0 0 0 0 0 3000 0 26594 0 213856 0 0 0 CHRISTINA POWER DIRECTOR - FINANCE/TREASURER 171876 0 0 0 0 0 3000 0 25795 0 200671 0 0 0 SARAH SILVERMAN DIR. - MRKT. & COMM. (END 09/25) 127815 0 0 0 36465 0 1931 0 18130 0 184341 0 0 0 ELLONDA WILLIAMS INTERIM CEO (START 06/25) 162141 0 0 0 0 0 2750 0 16956 0 181847 0 0 0 NATHAN ANDRES DIRECTOR - PEOPLE & CULTURE 160125 0 0 0 0 0 0 0 19217 0 179342 0 0 0 AKHILAH WILSON COMMERCIAL ATTORNEY 162827 0 0 0 0 0 3000 0 8999 0 174826 0 0 0 CHARLOTTE LEVITT DIR. - MARKETING AND COMM. 154001 0 0 0 0 0 3000 0 1607 0 158608 0 0 0 PART I, LINE 4A THE FOLLOWING PERSONS RECEIVED SEVERANCE PAYMENTS IN 2025: JORGE FONTANEZ $163,065 SARAH SILVERMAN $36,465 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE TREASURER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST APPLIES TO ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS (VOTING AND NON-VOTING). TO ENFORCE THIS POLICY, THE ORGANIZATION REQUIRES ANNUAL DISCLOSURE AND INTERIM MONITORING THROUGHOUT THE YEAR. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ENGAGED AN INDEPENDENT THIRD-PARTY CONSULTING FIRM TO CONDUCT A COMPENSATION STUDY. COMPENSATION WAS BENCHMARKED AGAINST COMPARABLE ORGANIZATIONS WITHIN SIMILAR GEOGRAPHIC REGIONS USING RELEVANT COMPARABILITY DATA. THE MOST RECENT COMPENSATION REVIEW WAS COMPLETED IN NOVEMBER 2025. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, COMPENSATION TO BOARD MEMBERS: FRANCINE LEMOS AND WILLIAM CLARK, JR. RECEIVED COMPENSATION FOR SERVICES PROVIDED IN CAPACITIES OTHER THAN AS BOARD MEMBERS. FRANCINE LEMOS SERVED AS THE ORGANIZATION'S NETWORK GOVERNANCE TRANSFORMATION ADVISOR, AND WILLIAM CLARK, JR. SERVED AS PART-TIME GENERAL COUNSEL. COMPENSATION REPORTED REFLECTS THESE EMPLOYEE AND CONTRACTOR ROLES, RATHER THAN THEIR BOARD SERVICE. FORM 990, PART IX, LINE 11G VERIFICATION SERVICES: PROGRAM SERVICE EXPENSES 7,520,510. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,520,510. COMMUNITY ENGAGEMENT: PROGRAM SERVICE EXPENSES 1,523,457. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,523,457. STRATEGIC ADVISORY: PROGRAM SERVICE EXPENSES 841,104. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 841,104. ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 215,115. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,115. POLICY: PROGRAM SERVICE EXPENSES 180,191. MANAGEMENT AND GENERAL EXPENSES 2,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 182,191. DIGITAL TRANSFORMATION: PROGRAM SERVICE EXPENSES 1,306,420. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,306,420. JUSTICE, EQUITY, DIVERSITY, & INCLUSION: PROGRAM SERVICE EXPENSES 90,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,000. CLIMATE ADVISORY: PROGRAM SERVICE EXPENSES 145,531. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145,531. BUSINESS DEVELOPMENT: PROGRAM SERVICE EXPENSES 67,580. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,580. COMPLIANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,840. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,840. TRANSLATIONS: PROGRAM SERVICE EXPENSES 18,727. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,727. FORM 990, PART XI, LINE 9: EXCHANGE RATE LOSS -119,203. B LAB US & CANADA LLC 1801 MARKET STREET SUITE 2670 PHILADELPHIA PA 19103 871349367 SUPPORT NEW AND EXISTING B CORPORATIONS IN THESE REGIONS PA 16981667 5145625 B LAB CORP