Action Labs Inc
- Assets
- $558.7k
- Revenue
- $232.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Petersburg, FL
- Founding
- 01/2004
- Data as of
- 12/2017
- EIN
- 37-1472868
Organization Overview
Action Labs Inc is located in Saint Petersburg, FL. The organization was established in 2004. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Action Labs Inc 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 12/2017, Action Labs Inc generated $232.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (54.7%) each year. All expenses for the organization totaled $33.1k during the year ending 12/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
BACKS SOCIAL ENTREPRENEURS BY OFFERING A VARIETY OF SERVICES; FINANCIAL DONATIONS/GRANTS, LOANS, AND 501(C)(3) FISCAL SPONSORSHIP.MANAGES AND FUNDS THE CHICAGO URBAN MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING AND MANAGEMENT OF CHICAGO URBAN MUSEUM. VOLUNTEERS SHOWING URBAN SITES OF CHICAGO TO PROMOTE A NEW WAY OF SEEING THINGS.
FUNDING AND MANAGEMENT OF CHICAGO URBAN MUSEUM. VOLUNTEERS SHOWING URBAN SITES OF CHICAGO TO PROMOTE A NEW WAY OF SEEING THINGS.
FAITH HOUSE FLORIDA/CHRISTIAN RECOVER CENTER EIN 59-2129555, HELP FOR THE HOMELESSNESS AND SOCIAL SERVICES.
FAITH HOUSE FLORIDA/CHRISTIAN RECOVER CENTER EIN 59-2129555, HELP FOR THE HOMELESSNESS AND SOCIAL SERVICES.
SAIL FUTURE INC, EIN - 46-3271817, FUNDING SAIL FOR JUSTICE THAT UTILIZES SAILING AS A PLATFORM TO CREATE EXPERIENCES THAT CAN MAKE CHANGES IN THE LIVES OF AT-RISK YOUTH.
SAIL FUTURE INC, EIN - 46-3271817, FUNDING SAIL FOR JUSTICE THAT UTILIZES SAILING AS A PLATFORM TO CREATE EXPERIENCES THAT CAN MAKE CHANGES IN THE LIVES OF AT-RISK YOUTH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shanu Gupta President | OfficerTrustee | 10 | $0 |
Natalie Price Vice President | OfficerTrustee | 5 | $0 |
Jamie Mcwade Secretary | OfficerTrustee | 5 | $0 |
Chris Kenrick Treasurer | OfficerTrustee | 5 | $0 |
Shanu Gupta President | OfficerTrustee | 10 | $0 |
Natalie Price Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,472 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,852 |
| Total Program Service Revenue | $0 |
| Investment income | $44,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,518 |
| Net Gain/Loss on Asset Sales | $129,616 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,033 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,011 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $33,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $835 |
| Savings and temporary cash investments | -$5,784 |
| 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 | $30,177 |
| Investments—publicly traded securities | $533,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $558,667 |
| 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 |
| Unrestricted restricted net Assets | $558,667 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $558,667 |
Grants Awarded
Over the last fiscal year, Action Labs Inc has awarded $840,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAIL FUTURE INC PURPOSE: FUND EXPENSES FOR AT RISK YOUTH | $815,000 |
FAITH HOUSE FLORIDACHRISTIAN RECOV PURPOSE: FUND EXPENES FOR HOMELESSNESS AND SOCIAL | $25,000 |