Laboratoria Inc
- Assets
- $11.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Brooklyn, NY
- Founding
- 08/2017
- Data as of
- 12/2023
- 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. 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 12/2023, Laboratoria Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LABORATORIA, INC. SUPPORTS WORLD-CLASS ORGANIZATIONS ACROSS LATIN AMERICAN THAT PROVIDE ACCESS TO QUALITY EDUCATION IN TECHNOLOGY, DIGITAL SKILLS AND SKILLS FOR WORK, TO WOMEN SEEKING TO TRANSFORM THEIR CAREERS.CONT. ON SCH. O
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE ORGANIZATION ESTABLISHED LONG-TERM PARTNERSHIPS WITH ORGANIZATIONS IN LATIN AMERICA. IT AWARDED GRANTS TOTALING $1,250,000 USD TO TWO RECIPIENTS IN CHILE AND COLUMBIA, SUPPORTING INITIATIVES THAT PROVIDE WOMEN WHO HAVE NOT HAD ACCESS TO QUALITY EDUCATION OR JOB OPPORTUNITIES IN THE TECH INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabriela Rocha Executive Dir. | Officer | 40 | $106,431 |
Juan Pablo Buritica Member | Trustee | 8 | $25,090 |
Mariana Costa Checa President | OfficerTrustee | 1.5 | $0 |
Rafael DE La Guia Secretary | OfficerTrustee | 0.75 | $0 |
Julie T Katzman Treasurer | OfficerTrustee | 0.75 | $0 |
Karen Sun Member | Trustee | 0.75 | $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 | $1,751,195 |
| Noncash contributions included in lines 1a–1f | $270,167 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,751,195 |
| Total Program Service Revenue | $0 |
| Investment income | $221,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,936 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,964,210 |
| 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 | $1,250,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $154,691 |
| Compensation of current officers, directors, key employees. | $15,469 |
| 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 | $3,267 |
| Fees for services: Accounting | $51,162 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,539 |
| Fees for services: Other | $63,791 |
| Advertising and promotion | $5,268 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,330 |
| All other expenses | $0 |
| Total functional expenses | $1,539,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $414,802 |
| Savings and temporary cash investments | $1,765,328 |
| Pledges and grants receivable | $250,124 |
| 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 | $9,671 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,416,844 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,856,769 |
| Accounts payable and accrued expenses | $7,218 |
| 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 | $7,218 |
| Net assets without donor restrictions | $10,356,551 |
| Net assets with donor restrictions | $1,493,000 |
| 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 | $11,856,769 |