Oro Valley Innovation Labs
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oro Valley, AZ
- Founding
- 06/2017
- Data as of
- 06/2021
- EIN
- 47-4136417
Organization Overview
Oro Valley Innovation Labs is located in Oro Valley, AZ. The organization was established in 2017. According to its NTEE Classification (H02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oro Valley Innovation Labs 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 06/2021, Oro Valley Innovation Labs generated $20.0k 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 (52.7%) each year. All expenses for the organization totaled $35.1k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ORO VALLEY INNOVATION LABS IS COLLECTING FUNDS TO BUILD A LAB FACILITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garry Brav Director | 10 | $0 | |
Peter Bantock Director | 10 | $0 | |
Kristin Black Director | 10 | $0 | |
Larry Hecker Director | 10 | $0 | |
Base Horner Director | 10 | $0 | |
Sharon Hesterlee Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,008 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $395 |
| Total expenses | $35,145 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oro Valley Innovation Labs has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Southern Arizona Leadership Council Inc Tucson, AZ PURPOSE: BIOSA INNOVATION ACCELERATOR FUND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metis Foundation San Antonio, TX | $2,545,676 | $9,772,629 |
Sage Research Foundation Inc Boise, ID | $1,878,079 | $9,136,479 |
Sanford Consortium For Regenerative Medicine La Jolla, CA | $91,137,571 | $8,267,717 |
Childrens Medical Center Research Institute At The University Of Tex Dallas, TX | $3,647,236 | $5,406,938 |
Biomedical Research Institute Of New Mexico Albuquerque, NM | $13,199,153 | $8,153,350 |
Cerebral Palsy Research Foundation Of Kansas Inc Wichita, KS | $16,856,150 | $7,008,129 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Hmsa Foundation Honolulu, HI | $18,488,325 | $337,265 |
Larry L Hillblom Foundation Inc Petaluma, CA | $157,022,260 | $9,255,919 |
Translational Research In Oncology Us Inc Los Angeles, CA | $23,537,777 | $8,265,596 |
Heritage Medical Research Institute Marina Del Rey, CA | $238,934,185 | $27,561,662 |
Cure Duchenne Mission Viejo, CA | $33,154,912 | $5,442,219 |