EIN 87-2605065

Canary Impact Lab

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-12-01
Description
Canary Impact Lab supports employee wellbeing by evolving the 21st century social safety net through its mission-driven enterprise. The lab raises and distributes funds to individuals experiencing unexpected or unpredictable financial hardships in New York, NY.
Total revenues
$2,614,175
2023
Total expenses
$2,037,608
2023
Total assets
$1,469,994
2023
Num. employees
0
2023

Program areas at Canary Impact Lab

Canary raises and distributes funds to individuals experiencing financial need. Many recipients have experienced an unpredictable or unavoidable event that makes it difficult for them to afford basic living expenses. Others experience ongoing financial fragility, and the grants enable them to pursue their goals of longer-term security or mobility. In the course of delivering funds, Canary Impact Lab gathers and analyzes data about how these funds help the recipients. We find that the grants enable people to avoid significant negative events such as missing bills or risking evicion. They lower financial stress, making it more possible for recipients to improve their financial health.

Who funds Canary Impact Lab

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$700,000
The Change ReactionDecarceration Initiatives$75,000
San Antonio Area FoundationGeneral Support$63,130
...and 1 more grant received

Personnel at Canary Impact Lab

NameTitleCompensation
Adrian HaroVice Chair and Treasurer$0
Kristen BermanSecretary$0
Jenny Calvert RodriguesChair$0
Rachel SchneiderPresident$0

Financials for Canary Impact Lab

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,556,460
Program services$50,224
Investment income and dividends$7,491
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,614,175

Form 990s for Canary Impact Lab

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-30990View PDF
2022-122023-11-15990View PDF
2021-122022-07-26990EZView PDF

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Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 21, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 26, 2023
Updated personnel
Identified 4 new personnel
May 15, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsFamily service centersCharities
Issues
No issues found
Characteristics
National levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
5 Union Sq W 1067
New York, NY 10003
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
workwithcanary.com/ 
Phone
(917) 596-9653
IRS details
EIN
87-2605065
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W12: Public and Societal Benefit Fund Raising and Fund Distribution
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Delinquent
FTB status revoked
Not revoked
AG Registration Number
CT0282710
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-02-19
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