Station 1 Laboratory
- Assets
- $170.3k
- Revenue
- $183.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, MA
- Founding
- 11/2016
- Data as of
- 12/2023
- 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
2023
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. THE STATION1 MODEL INTEGRATES SCIENCE AND TECHNOLOGY WITH HUMANISTIC FIELDS AND THE SOCIAL SCIENCES IN ORDER TO INTERROGATE, UNDERSTAND, AND SHAPE TECHNOLOGICALLY-DRIVEN SOCIETAL IMPACT TOWARDS MORE EQUITABLE AND SUSTAINABLE OUTCOMES. TO ADVANCE THIS MISSION, STATION1 DESIGNS AND CARRIES OUT TRANSFORMATIVE EDUCATION, RESEARCH, INNOVATION, AND COLLECTIVE IMPACT PROJECTS, PROGRAMS, AND INITIATIVES IN THE AREAS OF SOCIALLY-DIRECTED SCIENCE AND TECHNOLOGY. CORE TO THE STATION1 MODEL IS BROADENING ACCESS AND OPPORTUNITY FOR STUDENTS THAT HAVE BEEN HISTORICALLY EXCLUDED WITH CARE GIVEN TO THOSE WHO ARE FIRST GENERATION TO COLLEGE, STUDENTS FROM LOW SOCIO-ECONOMIC HOUSEHOLDS, AND STUDENTS WHO ARE GEOGRAPHICALLY LIMITED IN THEIR ACCESS TO HIGHER EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. THE STATION1 MODEL INTEGRATES SCIENCE AND TECHNOLOGY WITH HUMANISTIC FIELDS AND THE SOCIAL SCIENCES IN ORDER TO INTERROGATE, UNDERSTAND, AND SHAPE TECHNOLOGICALLY-DRIVEN SOCIETAL IMPACT TOWARDS MORE EQUITABLE AND SUSTAINABLE OUTCOMES. TO ADVANCE THIS MISSION, STATION1 DESIGNS AND CARRIES OUT TRANSFORMATIVE EDUCATION, RESEARCH, INNOVATION, AND COLLECTIVE IMPACT PROJECTS, PROGRAMS, AND INITIATIVES IN THE AREAS OF SOCIALLY-DIRECTED SCIENCE AND TECHNOLOGY. CORE TO THE STATION1 MODEL IS BROADENING ACCESS AND OPPORTUNITY FOR STUDENTSTHAT HAVE BEEN HISTORICALLY EXCLUDED WITH CARE GIVEN TO THOSE WHO ARE FIRST GENERATION TO COLLEGE, STUDENTS FROM LOW SOCIO-ECONOMIC HOUSEHOLDS, AND STUDENTS WHO ARE GEOGRAPHICALLY LIMITED IN THEIR ACCESS TO HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Ortiz President | OfficerTrustee | 2 | $0 |
Ellan Spero Treasurer & Clerk | OfficerTrustee | 2 | $0 |
Saif Rayyan Director | Trustee | 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 | $183,864 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,864 |
| 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 | $183,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $255,000 |
| 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 | $38,397 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,115 |
| Advertising and promotion | $0 |
| Office expenses | $6,809 |
| Information technology | $13,642 |
| Royalties | $0 |
| Occupancy | $457 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,419 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,048 |
| All other expenses | $745 |
| Total functional expenses | $429,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $149,571 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,186 |
| 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 | $3,510 |
| 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 | $170,267 |
| Accounts payable and accrued expenses | $9,667 |
| 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 | $9,667 |
| Net assets without donor restrictions | $994 |
| Net assets with donor restrictions | $159,606 |
| 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 | $170,267 |