The Workers Lab

990 • Fiscal year 2023 • EIN 82-4788124

Jan 01, 2023 to Dec 31, 2023

Organization Profile www.theworkerslab.com

Oakland, CA

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.33x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

0.08x

Higher debt load relative to revenue than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

14%

Higher net margin than 68% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

No value available

This filing does not contain officer compensation rows.

Source year 2023

-28%

Faster asset growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

8.2%

Faster revenue growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets77th percentile

Assets

Down

$929,657

Down $353,006 (-28%) from 2022

Net Assets

$618,509

Up $558,733 (+935%) from 2022

Liabilities

Down

$311,148

Down $911,739 (-75%) from 2022

Revenue And Expenses

Liabilities / Revenue48th percentile Net Margin68th percentile

Revenue

$3,773,592

Up $285,565 (+8.2%) from 2022

Expenses

$3,254,693

Up $26,673 (+0.8%) from 2022

Net Income

$518,899

Up $258,892 (+100%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2023

Assets$929,657

Liabilities$311,148

Net Assets$618,509

Open 2023 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2023

Revenue$3,773,592

Expenses$3,254,693

Net Income$518,899

Open 2023 Filing

Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023

Mission and Program Overview

Mission

The Workers Lab is a nonprofit investor that gives new ideas for and with workers a chance to succeed

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $929,657
Liabilities: $311,148
Net assets: $618,509
Revenue: $3,773,592
Expenses: $3,254,693
Net income: $518,899

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.21	$0.31	$0.90	$3.23	$3.06	$0.16
2023Summary only. Only limited summary data is available for this year.	$0.93	$0.31	$0.62	$3.77	$3.25	$0.52
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.28	$1.22	$0.06	$3.49	$3.23	$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.66	$1.38	$0.28	$2.82	$6.56	$3.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.73	$0.72	$4.01	$7.57	$6.79	$0.77
2019Summary only. Only limited summary data is available for this year.	$3.54	$0.31	$3.24	$6.82	$3.58	$3.24