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Nonprofit · EIN 82-4402495

US GOOD BUSINESS LAB FOUNDATION

Tax-exempt · ANN ARBOR, MI 48108

Financials

$686K$502K2023$937K$883K2024
Revenue Expenses · by fiscal year end
Financials of US GOOD BUSINESS LAB FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$937,060$882,832$54,228$2,682,141$2,579,015$103,126
December 31, 2023990 (amended)$686,055$501,741$184,314$4,424,387$4,375,489$48,898
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$882,411
Program service revenue
$54,609
Investment income
$0
Other revenue
$40

Expenses

Grants and similar amounts paid
$187,709
Compensation of officers, directors and key employees
$340,127
Other salaries and wages
$161,381
Salaries, compensation and benefits (total)
$565,108
Professional fundraising fees
$0
Legal fees
$12,041
Travel
$7,573
Depreciation
$764
Program services (functional)
$791,791
Management and general (functional)
$91,041

Balance sheet and other

Total assets, start of year
$4,424,387
Total assets, end of year
$2,682,141
Total liabilities, end of year
$2,579,015
Net assets, end of year
$103,126
Land, buildings and equipment
$1,146
Net assets without donor restrictions
$103,126
Gross receipts
$937,060
Employees
4
Year formed
2018
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NIRMAL DESHPANDEMANAGING DIR
Key employee
38.5$218,577$4,551
MAMTA PIMOLIVENTURE AD/S
Officer
38.5$114,250$2,749
ACHYUTA RASENDRA ADHVARYUPRESIDENT AN
Trustee or director, Officer
20$98,037$0
ANAND MUTHURAM ANBALGANDIRECTOR
Trustee or director
–$0$0
ARUN MATHEN MATHEWDIRECTOR
Trustee or director
–$0$0
ANANT NARAIN NYSHADHAMCHIEF OPERAT
Trustee or director, Officer
20$0$0
ATHEENDAR SIVABALA VENKATARAMANIDIRECTOR
Trustee or director
–$0$0
LAVANYA GARGTREASURER
Officer
–$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
MAMTA PIMOLIVENTURES AD/
Officer
38.5$141,903$1,550
ACHYUTA RASENDRA ADHVARYUPRESIDENT &
Trustee or director, Officer
1$58,729$0
ANAND MUTHURAM ANBALGANDIRECTOR
Trustee or director
1$0$0
ARUN MATHEN MATHEWDIRECTOR
Trustee or director
1$0$0
ANANT NARAIN NYSHADHAMCHIEF OPERAT
Trustee or director, Officer
1$0$0
ATHEENDAR SIVABALA VENKATARAMANIDIRECTOR
Trustee or director
1$0$0
LAVANYA GARGTREASURER
Officer
1$0$0

Address and contacts

Address (IRS master file)
455 E EISENHOWER PKWY STE 300 PMB, ANN ARBOR, MI 48108-3324
In care of
% ACHYUTA ADHVARYU
Mailing address (990-N for 2022)
701 TAPPAN STREET R4344, ANN ARBOR MI 481091234
Principal officer (990 for 2024)
ACHYUTA RASENDRA ADHVARYU, 455 EAST EISENHOWER PARKWAY 300, ANN ARBOR, MI 481083324
Principal officer (990-N for 2022)
ACHYUTA ADHVARYU, 701 TAPPAN STREET R4344, ANN ARBOR MI 481091234
Signed the 990
ACHYUTA RASENDRA ADHVARYU, PRESIDENT AND CEO
Phone
(734) 210-0899
Return prepared by
CURCURU & ASSOCIATES CPA PLC

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

990 for the year ended December 31, 2024

Program accomplishments

  • AS PART OF THIS PROJECT, THE ORGANIZATION HAS DIRECTLY IMPROVED THE WELL- BEING OF 189,852 WORKERS AND INDIRECTLY REACHED OVER 815,273 WORKERS ACROSS INDIA THROUGH TOOLS THAT AMPLIFY WORKER VOICE AND STRENGTHEN ORGANIZATIONAL ACCOUNTABILITY. THESE TOOLSINACHE AND STITCHWERE DEVELOPED TO ADDRESS SYSTEMIC COMMUNICATION GAPS BETWEEN LOW-INCOME WORKERS AND THEIR EMPLOYERS, PARTICULARLY IN THE MANUFACTURING SECTOR. INACHE FUNCTIONS AS AN ANONYMOUS TWO-WAY COMMUNICATION SYSTEM, ENABLING WORKERS TO SAFELY REPORT CONCERNS, LODGE COMPLAINTS, AND OFFER FEEDBACK, THUS FOSTERING A CULTURE OF TRANSPARENCY AND RESPONSIVENESS. STITCH COMPLEMENTS THIS BY ENABLING RIGOROUS, REAL-TIME ASSESSMENTS THROUGH SURVEYS AND TESTING, FACILITATING DATA-DRIVEN IMPROVEMENTS IN WORKPLACE CONDITIONS. IN THE CURRENT REPORTING PERIOD ALONE (JANUARY TO DECEMBER 2024), THE PROJECT DIRECTLY IMPACTED 122,071 WORKERS AND INDIRECTLY REACHED 175,415 WORKERS. ADDITIONALLY, AS PART OF THIS GRANT, WE ARE RUNNING RESEARCH STUDIES FOCUSED ON DECENTRALIZING PRODUCTION AND PROMOTING FINANCIAL INCLUSION AMONG WORKERS. WHILE THESE STUDIES ARE STILL UNDERWAY, WE REMAIN COMMITTED TO REACHING OVER 2,000 WORKERS THROUGH PILOT INTERVENTIONS ACROSS THE RESEARCH STREAMS. FULL-SCALE IMPLEMENTATION, ONGOING DATA ANALYSIS, AND STAKEHOLDER ENGAGEMENT ARE PLANNED THROUGH 2025 TO INFORM SCALABLE, EVIDENCE-BASED SOLUTIONS FOR WORKER EMPOWERMENT AND INCLUSIVE ECONOMIC GROWTH.
    Expenses $542,806 · grants $107,840
  • ENHANCING EMPLOYMENT ACCESS FOR DISADVANTAGED WORKERS THROUGH AI-BASED JOB SEARCH SUPPORT PROJECT OBJECTIVES: TO REDUCE LABOR MARKET BARRIERS FOR LOW-INCOME AND DISPLACED WORKERS BY ADDRESSING DISCRIMINATION, SEARCH FRICTIONS, AND LACK OF JOB MARKET INFORMATION. TO EXPAND ACCESS TO STABLE EMPLOYMENT AMONG HISTORICALLY UNDERSERVED POPULATIONS, INCLUDING WORKERS OF COLOR, THROUGH AI-ENABLED TOOLS THAT MATCH INDIVIDUAL SKILLS TO SUITABLE VACANCIES. TO IMPROVE REEMPLOYMENT OUTCOMES BY INCREASING EXPOSURE TO SECTORS WHERE WORKERS SOFT AND TECHNICAL SKILLS ARE TRANSFERABLE. TO PROMOTE EQUITABLE LABOUR MARKET PARTICIPATION BY TESTING INCLUSIVE, SCALABLE JOB SEARCH SUPPORT TOOLS THAT CAN REDUCE INEQUALITY IN RECOVERY FROM ECONOMIC DOWNTURNS. ACCOMPLISHMENTS: DEVELOPED AND IMPLEMENTED AN AI-ASSISTED ALGORITHM DESIGNED TO MATCH JOB SEEKERS WITH SUITABLE JOB VACANCIES BASED ON A COMPREHENSIVE ANALYSIS OF THEIR PERSONALITIES AND SKILLS. SUCCESSFULLY DESIGNED AND DEPLOYED A WEB-BASED PLATFORM OFFERING PERSONALIZED JOB SEARCH ASSISTANCE TO OVER 1,213 DISPLACED AND LOW-INCOME WORKERS. REACHED A PARTICIPANT POOL THAT IS 66% WOMEN AND 54% NON-WHITE, POPULATIONS TRADITIONALLY UNDERREPRESENTED IN LABOR MARKET RECOVERY EFFORTS. PRELIMINARY RESULTS SHOW THAT PARTICIPANTS RECEIVING AI-INFORMED SEARCH GUIDANCE WERE MORE LIKELY TO BE EMPLOYED AND SPENT FEWER HOURS SEARCHING FOR JOBS, SUGGESTING IMPROVED ALIGNMENT BETWEEN CANDIDATES AND JOB OPPORTUNITIES. PARTICIPANTS RECEIVING BOTH AI AND PREFERENCE-BASED RECOMMENDATIONS SHOWED A 7.9 PERCENTAGE POINT INCREASE IN EMPLOYMENT RATES AND 3.99 HOURS/WEEK REDUCTION IN JOB SEARCH TIME COMPARED TO THE CONTROL GROUP. LONG-TERM GOALS: TO EDUCATE POLICYMAKERS BY PROVIDING EMPIRICAL EVIDENCE ON THE EFFECTIVENESS OF AI-ENHANCED JOB SEARCH TOOLS. TO INFORM PUBLIC WORKFORCE DEVELOPMENT POLICY BY DEMONSTRATING HOW TECHNOLOGY CAN SUPPORT FAIRER LABOUR MARKET ACCESS DURING ECONOMIC RECOVERY. TO SCALE THE PLATFORM FOR BROADER GEOGRAPHIC AND DEMOGRAPHIC REACH, CONTRIBUTING TO SUSTAINED REDUCTIONS IN UNEMPLOYMENT AMONG UNDERSERVED COMMUNITIES.
    Expenses $65,715
  • 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.
    Expenses $139,160 · grants $79,869
  • THE PROJECT AIMS TO RESOLVE CRITICAL LABOR MARKET PROBLEMS THROUGH TWO KEY FOCUS AREAS: ENERGY EFFICIENCY TECHNOLOGY (EET) ADOPTION AMONG MSMES AND THE CLEAN ENERGY TRANSITIONS IMPACT ON FOSSIL-FUEL DEPENDENT WORKERS. THROUGH THE EET TRACK, THE PROJECT SEEKS TO UNDERSTAND AND DISMANTLE BARRIERS TO ADOPTING ENERGY-EFFICIENT TECHNOLOGIES AMONG ENERGY-INTENSIVE TEXTILE MSMES, WITH A STRONG EMPHASIS ON IMPROVING WORKER WELL-BEING AND JOB QUALITY. BY CONDUCTING ENERGY AUDITS, PRIMARY SURVEYS, AND DEVELOPING A RETURN-ON-INVESTMENT (ROI) TOOL THAT INTEGRATES HEALTH AND PRODUCTIVITY OUTCOMES, THE INITIATIVE PROMOTES RESOURCE OPTIMIZATION AND BETTER WORK ENVIRONMENTS, DIRECTLY CONTRIBUTING TO IMPROVED JOB QUALITY AND HEALTH OUTCOMES. IN THE PARALLEL ALTERNATIVE LIVELIHOODS (ALT) TRACK, THE PROJECT AIMS TO ADDRESS SKILL GAPS AND LABOR MARKET FRICTIONS BY INVESTIGATING THE IMPACT OF THE CLEAN ENERGY TRANSITION ON LOW-INCOME FOSSIL FUEL WORKERS AND CO-CREATING LIVELIHOOD PATHWAYS THROUGH DEEP STAKEHOLDER ENGAGEMENT AND SYSTEMS THINKING. THESE EFFORTS ARE FIRMLY ROOTED IN PUBLIC BENEFIT. ALL OUTPUTSINCLUDING WORKSHOPS, SYSTEMS MAPS, REPORTS, AND POLICY RECOMMENDATIONS WILL BE MADE AVAILABLE AS OPEN-ACCESS PUBLIC GOODS TO INFORM BROADER POLICY, INDUSTRY, AND DEVELOPMENT EFFORTS.
    Expenses $44,110

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-4402495
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Social science (V20)
Assets (IRS master file)
$2,682,141
Income (IRS master file)
$937,060

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$937,060$882,832$2,682,141XML
990December 2023$686,055$501,741$4,424,387XML
990-N for 2022
Officer: ACHYUTA ADHVARYU
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-4402495).

Questions about US GOOD BUSINESS LAB FOUNDATION

What is the EIN of US GOOD BUSINESS LAB FOUNDATION?
The employer identification number (EIN) of US GOOD BUSINESS LAB FOUNDATION is 82-4402495.
Is US GOOD BUSINESS LAB FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to US GOOD BUSINESS LAB FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does US GOOD BUSINESS LAB FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of US GOOD BUSINESS LAB FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did US GOOD BUSINESS LAB FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of US GOOD BUSINESS LAB FOUNDATION?
The 990 for the year ended December 31, 2024 names ACHYUTA RASENDRA ADHVARYU.
Who are the officers and directors of US GOOD BUSINESS LAB FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $218,577 (NIRMAL DESHPANDE, MANAGING DIR).
How much revenue does US GOOD BUSINESS LAB FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $937,060, expenses of $882,832 and total assets of $2,682,141 at year end.

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