The Lab School
- Assets
- $635.3k
- Revenue
- $415.3k
- Investments
- $0.0
- Employees
- 23
- Location
- Kirkwood, MO
- Founding
- 09/2006
- Data as of
- 07/2022
- EIN
- 20-0170771
Organization Overview
The Lab School is located in Kirkwood, MO. The organization was established in 2006. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2022, Lab School employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lab School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Lab School generated $415.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $346.0k during the year ending 07/2022. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF OPERATING A NOT-FOR-PROFIT PRESCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATED A PRESCHOOL WHICH EMPLOYED 12 TEACHERS AND SERVED 54 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teri Stark Executive Director | Officer | 40 | $63,552 |
Marty Elias Vice President | OfficerTrustee | 5 | $0 |
Meghan Minnear President & Treasurer | OfficerTrustee | 5 | $0 |
Sarah Miller Secretary | OfficerTrustee | 5 | $0 |
Maria Tutskey Director | Trustee | 5 | $0 |
Emily Tebb Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,185 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,495 |
| Total Program Service Revenue | $384,616 |
| Investment income | $15,297 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$80 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $415,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,552 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,907 |
| Fees for services: Other | $2,414 |
| Advertising and promotion | $380 |
| Office expenses | $1,766 |
| Information technology | $726 |
| Royalties | $0 |
| Occupancy | $22,289 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $84 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140 |
| Insurance | $10,544 |
| All other expenses | $3,495 |
| Total functional expenses | $346,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $329,058 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,125 |
| Investments—publicly traded securities | $303,095 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $635,278 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $635,278 |
| Total liabilities and net assets/fund balances | $635,278 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Lab School has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $5,000 |
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $5,000 |
Mason Ave Family Foundation Webster Groves, MO PURPOSE: FUND OF NEED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lausanne Collegiate School Memphis, TN | $29,785,379 | $21,342,655 |
Economic Security Corporation Of Southwest Area Joplin, MO | $10,642,309 | $18,556,997 |
Catherine Cook School Chicago, IL | $39,097,853 | $19,163,483 |
Educare Of Omaha Inc Omaha, NE | $19,410,966 | $14,431,941 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Hope Montessori Academy St Louis, MO | $759,290 | $12,407,556 |
Tulsa Christian Education Corporation Tulsa, OK | $13,603,997 | $12,564,074 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Forsyth School Inc Saint Louis, MO | $26,400,656 | $9,718,193 |
The New School Fayetteville, AR | $39,755,955 | $6,395,577 |
Head Start Child And Family Development Program Inc Hastings, NE | $7,092,911 | $8,181,932 |
Rogers Park Montessori School Chicago, IL | $24,431,120 | $7,342,304 |