Curiosity Lab At Peachtree Corners Inc is located in Peachtree Corners, GA. The organization was established in 2016. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Curiosity Lab At Peachtree Corners Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Curiosity Lab At Peachtree Corners 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 06/2022, Curiosity Lab At Peachtree Corners Inc generated $737.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $713.9k during the year ending 06/2022. 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
SEE SCH O FOR COMPLETE MISSION STATEMENT. THE ORGANIZATION'S MISSION IS TO HELP EARLY STAGE HARDWARE AND SOFTWARE STARTUPS LAUNCH. HOUSED IN PEACHTREE CORNERS, GEORGIA, OUR SPACE INCLUDES UNIQUE FEATURES INCLUDING A DESIGN & DEVELOPMENT LAB AND A CUSTOM-BUILT PODCAST RECORDING ROOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELPS EARLY STAGE HARDWARE AND SOFTWARE STARTUPS LAUNCH. HOUSED IN PEACHTREE CORNERS, GEORGIA, OUR SPACE INCLUDES UNIQUE FEATURES INCLUDING A DESIGN & DEVELOPMENT LAB AND A CUSTOM-BUILT PODCAST RECORDING ROOM.
THE ORGANIZATION SUPPORTS STARTUPS BY OFFERING RENTAL SPACE IN THE INCUBATOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Betsy Plattenburg Executive Director | Officer | 40 | $165,600 |
Wayne Hodges Vice President | OfficerTrustee | 0.5 | $0 |
Mike Mason President | OfficerTrustee | 5 | $0 |
Brian Johnson Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Adkc Realty Holdings Llc Facility Rental | 6/29/18 | $175,015 |
Moeller Purcell Construction Company Construction | 6/29/18 | $183,210 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $500,000 |
All other contributions, gifts, grants, and similar amounts not included above | $1,526 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $501,526 |
Total Program Service Revenue | $248,522 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$12,426 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $737,622 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $125,000 |
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. | $147,077 |
Compensation of current officers, directors, key employees. | $14,708 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,552 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,738 |
Fees for services: Management | $0 |
Fees for services: Legal | $70,680 |
Fees for services: Accounting | $6,930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,437 |
Advertising and promotion | $123,140 |
Office expenses | $24,464 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,304 |
Travel | $22,529 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,319 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $68,592 |
Insurance | $1,607 |
All other expenses | $0 |
Total functional expenses | $713,889 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $152,195 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $603 |
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 | $606,437 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $759,235 |
Accounts payable and accrued expenses | $22,529 |
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 | $22,529 |
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 | $736,706 |
Total liabilities and net assets/fund balances | $759,235 |
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