Laboratoria Inc
- Assets
- $6.6m
- Revenue
- $997.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Brooklyn, NY
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-5071835
Organization Overview
Laboratoria Inc is located in Brooklyn, NY. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Laboratoria Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laboratoria 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 12/2021, Laboratoria Inc generated $997.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $918.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABORATORIA, INC. SUPPORTS WORLD-CLASS ORGANIZATIONS IN LATIN AMERICA THAT PROVIDE TECHNOLOGY EDUCATION TO WOMEN FROM UNDERSERVED BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 THE ORGANIZATION DEVELOPED POTENTIAL LONG TERM PARTNERSHIPS TO UNDERSERVED COMMUNITIES OR BACKGROUNDS IN LATIN AMERICA. THE ORGANIZATION AWARDED GRANTS (IN TOTAL $700,000 USD) TO 2 GRANTEES IN 2 DIFFERENT COUNTRIES: CHILE AND COLOMBIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mariana Costa Checa Chair | OfficerTrustee | 3 | $0 |
Roberto Andrade Treasurer | OfficerTrustee | 2 | $0 |
Daniel Burka Secretary | OfficerTrustee | 2 | $0 |
Nathalie Laidler-Kylander Director (until 4/2021) | Trustee | 2 | $0 |
Julie Katzman Director | Trustee | 2 | $0 |
Rafael DE La Guia Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $400,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $581,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $981,560 |
| Total Program Service Revenue | $0 |
| Investment income | $2,297 |
| 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 | $997,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $700,000 |
| 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 | $123,061 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,636 |
| Payroll taxes | $9,746 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,922 |
| Fees for services: Accounting | $36,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,062 |
| Advertising and promotion | $3,588 |
| Office expenses | $500 |
| Information technology | $999 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,084 |
| All other expenses | $141 |
| Total functional expenses | $918,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,749 |
| Savings and temporary cash investments | $5,832,423 |
| Pledges and grants receivable | $567,352 |
| 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 | $30,067 |
| 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 | $6,586,591 |
| Accounts payable and accrued expenses | $3,288 |
| 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 | $500,000 |
| Total liabilities | $503,288 |
| Net assets without donor restrictions | $5,383,528 |
| Net assets with donor restrictions | $699,775 |
| 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 | $6,586,591 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Laboratoria Inc has recieved totaling $1,273,071.
| Awarding Organization | Amount |
|---|---|
The Blackrock Charitable Foundation New York, NY PURPOSE: JOBS AND ECONOMIC MOBILITY | $500,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $480,000 |
Kaphan Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $150,000 |
Lenovo Foundation Morrisville, NC PURPOSE: PARTNERSHIP PAYMENT | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $27,400 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,791 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abrahams Blessing Albany, NY | $1,941,159 | $28,861,670 |
Planet Aid Inc Milford, MA | $17,464,781 | $29,818,126 |
Wateraid America Inc New York, NY | $16,422,746 | $24,856,015 |
Christian Relief International Lancaster, PA | $46,193,710 | $37,368,118 |
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |