Station 1 Laboratory
- Assets
- $241.9k
- Revenue
- $541.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, MA
- Founding
- 11/2016
- Data as of
- 12/2021
- EIN
- 81-3784803
Organization Overview
Station 1 Laboratory is located in Lawrence, MA. The organization was established in 2016. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Station 1 Laboratory is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STATION1 IS A NONPROFIT HIGHER EDUCATION INSTITUTION THAT IS PAVING A PATHWAY OF OPPORTUNITY THROUGH A NEW MODEL OF LEARNING AND RESEARCH - SOCIALLY-DIRECTED SCIENCE AND TECHNOLOGY. (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
28 STATION1 DESIGNS AND DELIVERS TRANSFORMATIVE EDUCATION, RESEARCH, AND INNOVATION PROGRAMS IN SOCIALLY-DIRECTED SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH AND LEADS HIGHER EDUCATION MULTI-INSTITUTIONAL COLLECTIVE IMPACT SYSTEMS CHANGE INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph M Louis Clerk | OfficerTrustee | 2 | $0 |
Ellan Fei Spero Treasurer | OfficerTrustee | 2 | $0 |
Christine Ortiz President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $541,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,890 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $541,890 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $202,500 |
| 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 | $32,277 |
| Fees for services: Legal | $3,533 |
| Fees for services: Accounting | $14,487 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,192 |
| Advertising and promotion | $1,963 |
| Office expenses | $4,174 |
| Information technology | $1,812 |
| Royalties | $0 |
| Occupancy | $5,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $23,515 |
| All other expenses | $0 |
| Total functional expenses | $305,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,553 |
| 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 | $3,343 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $241,896 |
| Accounts payable and accrued expenses | $5,253 |
| 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 | $5,253 |
| Net assets without donor restrictions | $2,161 |
| Net assets with donor restrictions | $234,482 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $241,896 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Station 1 Laboratory has recieved totaling $413,500.
| Awarding Organization | Amount |
|---|---|
Ecmc Foundation Minneapolis, MN PURPOSE: College Success | $400,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $13,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stockholm Environment Institute Usinc Somerville, MA | $5,389,275 | $5,787,254 |
Sustainable Manufacturing Innovation Alliance Corp West Henrietta, NY | $5,170,750 | $6,786,054 |
Mccourt Institute New York, NY | $300,000 | $5,000,000 |
Seeding Labs A Non Profit Corporation Boston, MA | $3,266,031 | $2,907,900 |
Aurelia Institute Inc Cambridge, MA | $1,155,648 | $1,900,000 |
Choroideremia Research Foundation Inc Springfield, MA | $985,906 | $664,881 |
Sailing Yacht Research Foundation Inc Jamestown, RI | $70,482 | $72,424 |
Terasem Movement Foundation Inc Lincoln, VT | $5,839,286 | $987,846 |
Station 1 Laboratory Lawrence, MA | $241,896 | $541,890 |
Human Computation Institute Ithaca, NY | $12,843 | $184,979 |
Frontiers Of Tech Governance Inc Cambridge, MA | $4,505 | $0 |
Maritime Cybersecurity Center Middletown, RI | $922 | $0 |