Lab Launch Inc is located in Monrovia, CA. The organization was established in 2014. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 12/2022, Lab Launch Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lab Launch 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 undefined, Lab Launch Inc generated $9.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $38.9k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES AFFORDABLE CO-WORKING RESEARCH LABORATORY AND OFFICE SPACE TO BIOTECHNOLOGY COMPANIES. ADDITIONAL SERVICES PROVIDED CAN INCLUDE BUSINESS ADMINISTRATION AND CONSULTING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arye Lipman Director | 1 | $0 | |
Steve Casper Director | 1 | $0 | |
Sara Hammes Director | 1 | $0 | |
Marie Rippen CEO | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,826 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | -$63 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $9,763 |
Statement of Expenses | |
---|---|
Total expenses | $38,887 |
Balance Sheet | |
---|---|
Total assets | $36,449 |
Total liabilities | $101,247 |
Net assets or fund balances | -$64,798 |