Civic Intelligence

Lab Central Inc.

990 • Fiscal year 2019 • EIN 46-1031913

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 05, 2020

Organization ProfileLABCENTRAL.ORG

View Organization Page

700 Main StreetCambridge, MA 02139

(617) 863-3650

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.44x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.52x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$348,648

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

67th percentile

9.3%

Faster asset growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-41%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$30,786,060

Up $2,623,603 (+9.3%) from 2018

Net Assets

Up

$17,327,885

Up $4,794,258 (+38%) from 2018

Liabilities

Down

$13,458,175

Down $2,170,655 (-14%) from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin76th percentile

Revenue

Down

$25,967,111

Down $17,709,617 (-41%) from 2018

Expenses

Down

$21,701,537

Down $18,651,086 (-46%) from 2018

Net Income

Up

$4,265,574

Up $941,469 (+28%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2013: $5,021,085Liabilities 2013: $3,123,546Net Assets 2013: $1,897,5392013Assets 2014: $6,864,839Liabilities 2014: $4,380,181Net Assets 2014: $2,484,6582014Assets 2015: $7,285,867Liabilities 2015: $4,262,166Net Assets 2015: $3,023,7012015Assets 2016: $8,437,532Liabilities 2016: $4,551,256Net Assets 2016: $3,886,2762016Assets 2017: $19,414,893Liabilities 2017: $10,617,502Net Assets 2017: $8,797,3912017Assets 2018: $28,162,457Liabilities 2018: $15,628,830Net Assets 2018: $12,533,6272018Assets 2019: $30,786,060Liabilities 2019: $13,458,175Net Assets 2019: $17,327,8852019Assets 2020: $31,440,783Liabilities 2020: $11,821,772Net Assets 2020: $19,619,0112020Assets 2021: $43,646,817Liabilities 2021: $20,867,704Net Assets 2021: $22,779,1132021Assets 2022: $112,390,390Liabilities 2022: $88,243,847Net Assets 2022: $24,146,5432022Assets 2023: $109,041,639Liabilities 2023: $84,873,666Net Assets 2023: $24,167,9732023Assets 2024: $110,671,425Liabilities 2024: $83,200,569Net Assets 2024: $27,470,8562024

Highlighted filing

2019

Assets$30,786,060
Liabilities$13,458,175
Net Assets$17,327,885
Open 2019 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2013: $4,449,420Expenses 2013: $2,128,416Net Income 2013: $2,321,0042013Revenue 2014: $6,508,350Expenses 2014: $6,144,568Net Income 2014: $363,7822014Revenue 2015: $8,161,781Expenses 2015: $7,909,474Net Income 2015: $252,3072015Revenue 2016: $10,258,360Expenses 2016: $10,124,994Net Income 2016: $133,3662016Revenue 2017: $21,709,971Expenses 2017: $17,303,175Net Income 2017: $4,406,7962017Revenue 2018: $43,676,728Expenses 2018: $40,352,623Net Income 2018: $3,324,1052018Revenue 2019: $25,967,111Expenses 2019: $21,701,537Net Income 2019: $4,265,5742019Revenue 2020: $20,436,198Expenses 2020: $18,194,883Net Income 2020: $2,241,3152020Revenue 2021: $21,795,021Expenses 2021: $19,092,023Net Income 2021: $2,702,9982021Revenue 2022: $22,629,616Expenses 2022: $21,652,194Net Income 2022: $977,4222022Revenue 2023: $24,500,358Expenses 2023: $24,876,840Net Income 2023: -$376,4822023Revenue 2024: $27,342,387Expenses 2024: $24,529,205Net Income 2024: $2,813,1822024

Highlighted filing

2019

Revenue$25,967,111
Expenses$21,701,537
Net Income$4,265,574
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 5, 2020
Return Version
2019v5.1
Gross Receipts
$25,967,111
Mission and Program Overview

Mission

Lab central supports creation of innovative startup biotechnology companies by providing a world-class environment for entrepreneurs, and a fully functional life sciences laboratory within the kendall square innovation hub.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,584,808$12,695,390▼ $889,418
Cash and Non-Interest-Bearing Accounts$11,064,085$10,633,171▼ $430,914
Accounts Receivable$2,300,419$4,238,414▲ $1,937,995
Prepaid Expenses and Deferred Charges$347,373$324,767▼ $22,606
Other Notes and Loans Receivable, Net$1,500--
Total Assets$28,162,457$30,786,060▲ $2,623,603
Other Assets Total$864,272$2,894,318▲ $2,030,046
Liabilities
Accounts Payable and Accrued Expenses$8,106,344$6,661,737▼ $1,444,607
Deferred Revenue$2,400,856$4,464,130▲ $2,063,274
Unsecured Notes Loans Payable$2,467,092$0▼ $2,467,092
Other Liabilities$2,654,538$2,332,308▼ $322,230
Total Liabilities$15,628,830$13,458,175▼ $2,170,655
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,533,627$17,327,885▲ $4,794,258
Total Net Assets Fund Balance$12,533,627$17,327,885▲ $4,794,258
Total Liabilities and Net Assets / Fund Balance$28,162,457$30,786,060▲ $2,623,603

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$9,602,766$566,571$10,169,337
Equipment$1,256,584$6,580,538$7,837,122
Other Land Buildings$1,836,040$583,611$2,419,651
Other Assets Org$4,322--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Johannes Fruehauf Md PhdPresidentPT$301,135$47,513$348,648
MARGARET E O'TOOLEVP of OperationsFT$306,777$33,415$340,192
Celina C ChangLab ManagerFT$202,561$41,903$244,464
Shawn AyubeDirector of Harvard Life Lab OFT$201,867$41,575$243,442
Krista LicataDirector of OperationsFT$172,259$39,821$212,080
Patrick TuckerIt ManagerFT$114,209$36,341$150,550
Lyndsay RissinManager of Lab OperationsFT$119,943$27,885$147,828
Peter D ParkerSecretary/directorPT$60,217$10,425$70,642

Board Members and Trustees

NameTitle
John HarthorneDirector
Susan Windham-bannisterDirector (as of 10/19)
Timothy RoweDirector (resigned 08/19)
Lisa VelardoCFO/treasurer
Steven Tregay PhdChariman

Highest Paid Contractors

ContractorServicesLocationCompensation
Triumvirate EnviornmentalEhs Services200 INNER BELT RD, Somerville, MA 02143$436,045
Ug2Cleaning And Maintenance Fees100 SUMMER ST, Boston, MA 02110$348,006
Fred Williams & SonsHvac Services2408 N LIBERTY ST, Independence, MO 64050$168,769
Goodwin ProcterLegal Services100 NORTHERN AVE, Boston, MA 02210$116,321
Revenue and Support

Revenue Composition

Contributions and Grants
$4,949,591
Program Service Revenue
$20,793,314
Investment Income
$128,341
Other Revenue
$95,865
All Other Contributions
$4,949,591
Change in Net Assets
$4,265,574

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table11$788,256Fair Market Value (FMV)
Total Noncash Contributions11$788,256-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,852,527
Salaries, Compensation, and Employee Benefits$4,849,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$8,615,157$438,518-$9,053,675
Other Salaries and Wages$1,972,813$943,726-$2,916,539
Depreciation Depletion$2,403,071$126,477-$2,529,548
Other Employee Benefits$589,906$202,300-$792,206
Current Officers, Directors, Trustees, and Key Employees$451,938$216,191-$668,129
Office Expenses$504,418$59,948-$564,366
Other Expenses$539,335--$539,335
All Other Expenses$493,402$8,377-$501,779
Payroll Taxes$186,423$57,996-$244,419
Advertising$182,063$59,517-$241,580
Pension Plan Contributions$169,566$58,151-$227,717
Fees for Services Other$93,306$121,776-$215,082
Fees for Services Legal$90,138$117,640-$207,778
Information Technology$149,601$4,265-$153,866
Insurance-$90,246-$90,246
Fees for Services Accounting$12,094$15,783-$27,877
Conferences and Meetings$18,963$6,199-$25,162
Interest$17,734--$17,734
Travel$15,776--$15,776
Total Functional Expenses$19,174,427$2,527,110$0$21,701,537
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Lisa Velardo, Managing DirectorLisa Velardo, the Cfo/treasurer of Lab Central, Inc. Is Also the Managing Director of Aspen Consulting, LLC Which Provides Financial and Accounting Services to Lab Central, Inc.No$69,995
-Johannes Fruehauf (ceo), Peter Parker (director) & Steven Tregay (chairman)Bioinnovation Capital Rents Office Space From Lab Central. Johannes Fruehauf (ceo), Peter Parker (director) and Steven Tregay (chairman/director) Are Partners of That Firm.No$51,360
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$1,638,593
Pfizer Profit Sharing$693,715
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Three board members are partners of bioinnovation capital.”

Form 990, Part VI, Section B, Line 11B

“A full copy of form 990 is made available to the board of directors prior filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Lab central, inc. Has a written conflict of interest policy that requires the board to review all related party transactions to ensure no conflicts exist.”

Form 990, Part VI, Section B, Line 15

“The board of directors determines the compensation for the organization's president, executive directors and officers. The process includes using various sources to evaluate the compensation for each individual. The organization also completed an independent compensation study. The board must approve the written agreement.”

Form 990, Part VI, Section C, Line 19

“Lab central, inc.'s governing documents, financial statements and form 990 are available upon request to the general public.”

Filing and Contact Details

Filer

Filer Name
Lab Central Inc
EIN
46-1031913
Phone
6178633650
Address
700 MAIN STREET, CAMBRIDGE, MA 02139

Signing Officer

Name
Johannes Fruehauf
Title
President/CEO
Phone
6178633650
Signed
2020-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johannes Fruehauf
Formed
2012
Legal Domicile
De
Voting Board Members
5
Independent Board Members
3
Employees
50
Volunteers
3

Preparer

Firm
Wolf & Company Pc
Address
99 HIGH STREET 21ST FLOOR, BOSTON, MA 02110
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Cumulative effect adjustment upon adoption of topic 606 16,337.”

FORM 990, PART XII, LINE 2C:

“There was no change in the oversight process or selection process during the tax year 2019.”

Financial Statement Notes

PART X, LINE 2:

“Labcentral is exempt from federal income taxes under section 501(c)(3) of the internal revenue code having received favorable determination of its status from the irs in a letter dated june 26, 2014. Mainstpbc is required to file corporate income tax returns under federal and massachusetts tax law even if there is no activity. Massachusetts also requires all corporations to pay a minimum tax if actual tax is lower than the minimum. Labcentral entered into a laboratory management agreement with pfizer (see note 2) that has been determined to be an unrelated business activity and requires labcentral to file form 990-t exempt organization business income tax return. Labcentral has generated net taxable income from this activity and has provided for federal and state income taxes in the amount of $357,080 and $200,000 during 2019 and 2018, respectively. The company follows accounting guidance regarding recognition, measurement, presentation, and disclosure of uncertain tax positions in the financial statements. Tax positions taken or expected to be taken in the course of preparing the company's tax returns, including the position that the company qualifies as a tax exempt entity, are required to be evaluated to determine whether the tax positions are "more-likely-than-not" to be upheld under regulatory review. Management has analyzed the tax positions taken by the company, and has concluded that as of december 31, 2019, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 701 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENEURS, AND A FULLY FUNCTIONAL LIFE SCIENCES LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB.
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IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN WINDHAM-BANNISTER
IRS990/Form990PartVIISectionAGrp/PersonNm6LISA VELARDO
IRS990/Form990PartVIISectionAGrp/PersonNm7MARGARET E O'TOOLE
IRS990/Form990PartVIISectionAGrp/PersonNm8CELINA C CHANG
IRS990/Form990PartVIISectionAGrp/PersonNm9KRISTA LICATA
IRS990/Form990PartVIISectionAGrp/PersonNm10SHAWN AYUBE
IRS990/Form990PartVIISectionAGrp/PersonNm11LYNDSAY RISSIN
IRS990/Form990PartVIISectionAGrp/PersonNm12PATRICK TUCKER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1301135
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8202561
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9172259
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10201867
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11119943
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12114209
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR (RESIGNED 08/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (AS OF 10/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt8LAB MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIR. OF HARVARD LIFE LAB O
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGER OF LAB OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt12IT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
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IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
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IRS990/InformationTechnologyGrp/ProgramServicesAmt0149601
IRS990/InformationTechnologyGrp/TotalAmt0153866
IRS990/InsuranceGrp/ManagementAndGeneralAmt090246
IRS990/InsuranceGrp/TotalAmt090246
IRS990/InterestGrp/ProgramServicesAmt017734
IRS990/InterestGrp/TotalAmt017734
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0128341
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IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENEURS, AND A FULLY FUNCTIONAL LIFE SCIENCES LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt017327885
IRS990/NetUnrelatedBusTxblIncmAmt01424855
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012533627
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017327885
IRS990/NoncashContributionsAmt0788256
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0438518
IRS990/OccupancyGrp/ProgramServicesAmt08615157
IRS990/OccupancyGrp/TotalAmt09053675
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059948
IRS990/OfficeExpensesGrp/ProgramServicesAmt0504418
IRS990/OfficeExpensesGrp/TotalAmt0564366
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0864272
IRS990/OtherAssetsTotalGrp/EOYAmt02894318
IRS990/OtherChangesInNetAssetsAmt016337
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0202300
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0589906
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0792206
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ENVIRONMENTAL SVCS & PE
IRS990/OtherExpensesGrp/Desc2PFIZER PROFIT SHARING E
IRS990/OtherExpensesGrp/Desc3LAB SUPPLIES & CONSUMAB
IRS990/OtherExpensesGrp/ProgramServicesAmt01137196
IRS990/OtherExpensesGrp/ProgramServicesAmt1837813
IRS990/OtherExpensesGrp/ProgramServicesAmt2693714
IRS990/OtherExpensesGrp/ProgramServicesAmt3539335
IRS990/OtherExpensesGrp/TotalAmt01137196
IRS990/OtherExpensesGrp/TotalAmt1837813
IRS990/OtherExpensesGrp/TotalAmt2693714
IRS990/OtherExpensesGrp/TotalAmt3539335
IRS990/OtherLiabilitiesGrp/BOYAmt02654538
IRS990/OtherLiabilitiesGrp/EOYAmt02332308
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EVENT REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt095865
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt095865
IRS990/OtherRevenueTotalAmt095865
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0943726
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01972813
IRS990/OtherSalariesAndWagesGrp/TotalAmt02916539
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt057996
IRS990/PayrollTaxesGrp/ProgramServicesAmt0186423
IRS990/PayrollTaxesGrp/TotalAmt0244419
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt058151
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0169566
IRS990/PensionPlanContributionsGrp/TotalAmt0227717
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0347373
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0324767
IRS990/PrincipalOfficerNm0JOHANNES FRUEHAUF
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IRS990/ProgramServiceRevenueGrp/Desc0INCUBATOR INCOME
IRS990/ProgramServiceRevenueGrp/Desc1HARVARD LIFE LAB SERVICE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11177525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019615789
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11177525
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt07119461
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04752001
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt076135
IRS990/PYOtherExpensesAmt036553358
IRS990/PYOtherRevenueAmt0115599
IRS990/PYProgramServiceRevenueAmt038732993
IRS990/PYRevenuesLessExpensesAmt03324105
IRS990/PYSalariesCompEmpBnftPaidAmt03799265
IRS990/PYTotalExpensesAmt040352623
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt043676728
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04265574
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013769718
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EVENT REVENUE - 2015 AMOUNT: $ 97,376. 2016 AMOUNT: $ 10,678. 2017 AMOUNT: $ 106,584. 2018 AMOUNT: $ 115,599. 2019 AMOUNT: $ 95,865. OTHER REVENUE - 2017 AMOUNT: $ 710.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07818323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01818992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01554947
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0128341
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt076135
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0608
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0107294
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010678
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt097376
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0426812
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46020
IRS990ScheduleA/PublicSupportPY170Pct00.52370
IRS990ScheduleA/PublicSupportTotal170Amt018647852
IRS990ScheduleA/SubstantialContributorsTotAmt01634379
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04949591
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07818323
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01818992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01554947
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020282231
IRS990ScheduleA/TotalSupportAmt040521098
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt07119461
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt012267488
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0181287
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt019568236
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,786,060
Liabilities
$13,458,175
Net assets
$17,327,885
Revenue
$25,967,111
Expenses
$21,701,537
Net income
$4,265,574
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$111$83.2$27.5$27.3$24.5$2.81
2023Detailed filing. Detailed filing data is available for this year.$109$84.9$24.2$24.5$24.9$0.38
2022Detailed filing. Detailed filing data is available for this year.$112$88.2$24.1$22.6$21.7$0.98
2021Detailed filing. Detailed filing data is available for this year.$43.6$20.9$22.8$21.8$19.1$2.70
2020Detailed filing. Detailed filing data is available for this year.$31.4$11.8$19.6$20.4$18.2$2.24
2019Detailed filing. Detailed filing data is available for this year.$30.8$13.5$17.3$26.0$21.7$4.27
2018Detailed filing. Detailed filing data is available for this year.$28.2$15.6$12.5$43.7$40.4$3.32
2017Detailed filing. Detailed filing data is available for this year.$19.4$10.6$8.80$21.7$17.3$4.41
2016Detailed filing. Detailed filing data is available for this year.$8.44$4.55$3.89$10.3$10.1$0.13
2015Detailed filing. Detailed filing data is available for this year.$7.29$4.26$3.02$8.16$7.91$0.25
2014Detailed filing. Detailed filing data is available for this year.$6.86$4.38$2.48$6.51$6.14$0.36
2013Summary only. Only limited summary data is available for this year.$5.02$3.12$1.90$4.45$2.13$2.32