Civic Intelligence

Lab Central Inc.

990 • Fiscal year 2023 • EIN 46-1031913

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 09, 2024

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

82nd percentile

0.78x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

3.46x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

32nd percentile

-1.5%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$405,738

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

16th percentile

-3.0%

Faster asset growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

8.3%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$109,041,639

Down $3,348,751 (-3.0%) from 2022

Net Assets

Up

$24,167,973

Up $21,430 (+0.1%) from 2022

Liabilities

Down

$84,873,666

Down $3,370,181 (-3.8%) from 2022

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin32nd percentile

Revenue

Up

$24,500,358

Up $1,870,742 (+8.3%) from 2022

Expenses

Up

$24,876,840

Up $3,224,646 (+15%) from 2022

Net Income

Down

-$376,482

Down $1,353,904 (-139%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2023

Assets$109,041,639
Liabilities$84,873,666
Net Assets$24,167,973
Open 2023 Filing

Operations Trend

Revenue Growth60th 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

2023

Revenue$24,500,358
Expenses$24,876,840
Net Income-$376,482
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 9, 2024
Return Version
2023v5.1
Gross Receipts
$24,500,358
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
Cash and Non-Interest-Bearing Accounts$18,486,924$23,920,077▲ $5,433,153
Land, Buildings, and Equipment, Net$12,246,653$10,929,233▼ $1,317,420
Accounts Receivable$1,853,939$3,434,899▲ $1,580,960
Prepaid Expenses and Deferred Charges$1,444,990$875,632▼ $569,358
Total Assets$112,390,390$109,041,639▼ $3,348,751
Other Assets Total$78,357,884$69,881,798▼ $8,476,086
Liabilities
Other Liabilities$81,888,363$79,458,584▼ $2,429,779
Deferred Revenue$4,882,112$3,970,442▼ $911,670
Accounts Payable and Accrued Expenses$1,473,372$1,444,640▼ $28,732
Total Liabilities$88,243,847$84,873,666▼ $3,370,181
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,146,543$24,167,973▲ $21,430
Total Net Assets Fund Balance$24,146,543$24,167,973▲ $21,430
Total Liabilities and Net Assets / Fund Balance$112,390,390$109,041,639▼ $3,348,751

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$6,535,408$9,724,002$16,259,410
Equipment$3,556,373$5,291,509$8,847,882
Other Land Buildings$837,452$1,246,042$2,083,494
Other Assets Org$59,592,796--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET E O'TOOLEChief Operating OfficerFT$366,951$38,787$405,738
Johannes Fruehauf Md PhdPresidentPT$342,464$46,735$389,199
Mike LarhetteChief Business OfficerFT$327,021$46,725$373,746
Gretchen Cook-andersonExecutive Director of IgniFT$312,690$26,776$339,466
Celina C ChangVP, Science Operation & StFT$265,221$42,169$307,390
Anna WhitlockSr. Director People Strategy &FT$222,728$23,666$246,394
Rachele RyanDirector, Programming & CommunityFT$178,546$32,841$211,387
Peter ShanleyCFO/treasurerPT$161,466$27,187$188,653
Susan Windham-bannisterDirector-$20,000-$20,000
Peter D ParkerSecretary/director-$782-$782

Board Members and Trustees

NameTitle
Jo VineyDirector
John HarthorneDirector
Steven Tregay PhdChariman

Highest Paid Contractors

ContractorServicesLocationCompensation
Sg Computers INCIt Services161 WORCESTER WAY, Stouchton, MA 02072$733,775
Emcor Services Northeast INCHvac Services80 HAWES WAY, Stoughton, MA 02072$444,316
Ug2Janitorial ServicesPO BOX 5972, Springfield, MA 01101-5972$266,335
Barricade Cyber SolutionsIt Services255 FARMINGTON RD, Summerville, SC 29486$208,403
Triumvirate EnvironmentalEhs Services200 INNER BEST RD, Somerville, MA 02143$204,742
Revenue and Support

Revenue Composition

Contributions and Grants
$7,154,420
Program Service Revenue
$16,661,431
Investment Income
$565,201
Other Revenue
$119,306
All Other Contributions
$7,038,654
Change in Net Assets
$-376,482

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 Table18$1,826,019Fair Market Value (FMV)
Total Noncash Contributions18$1,826,019-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,824,694
Salaries, Compensation, and Employee Benefits$10,938,727
Grants and Similar Amounts Paid$113,419
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,096,904$2,064,179-$7,161,083
Occupancy$4,542,063$-36,373-$4,505,690
Depreciation Depletion$2,377,927$60,972-$2,438,899
Other Employee Benefits$1,693,527$331,579-$2,025,106
Payroll Taxes$512,070$196,075-$708,145
Information Technology$59,216$610,384-$669,600
Office Expenses$610,196$2,372-$612,568
Advertising$328,113$221,792-$549,905
Current Officers, Directors, Trustees, and Key Employees$373,464$151,248-$524,712
Pension Plan Contributions$434,591$85,090-$519,681
Other Expenses$385,095$20,262-$405,357
Conferences and Meetings$325,186$17,111-$342,297
Insurance$60,185$213,389-$273,574
Fees for Services Other$93,470$149,918-$243,388
All Other Expenses$151,073$19,413-$170,486
Grants to Domestic Orgs$113,419--$113,419
Fees for Services Legal$38,786$62,209-$100,995
Fees for Services Accounting$17,109$27,441-$44,550
Travel$16,093$847-$16,940
Total Functional Expenses$20,678,932$4,197,908$0$24,876,840
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CellformaCambridge, MA-Grant$10,000
Hdax TherapeuticsCambridge, MA-Grant$10,000
Hovana IncCambridge, MA-Grant$10,000
Materialize BioCambridge, MA-Grant$10,000
NeurobionicsCambridge, MA-Grant$10,000
ProteineaCambridge, MA-Grant$10,000
Venova TechnologiesCambridge, MA-Grant$10,000
Violet TherapeuticsCambridge, MA-Grant$10,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Long Term$69,506,306
Recoverable Grant$5,000,000
Short Term Lease$3,050,728
Tenant Deposits$1,901,550
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
No
Business relationship with family members
No
Business relationship with organization members
No
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
2024-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Johannes Fruehauf
Formed
2012
Legal Domicile
De
Voting Board Members
6
Independent Board Members
3
Employees
110
Volunteers
4

Preparer

Firm
Wolf & Company Pc
Address
255 STATE STREET, BOSTON, MA 02109
Preparer
Karen S Ng
Phone
6174399700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There was no change in the oversight process or selection process during the tax year 2023.”

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. Lab central receives management fees from mainstpbc in an amount in excess of allocated expenses. This represents an unrelated business activity and requires lab central to file form 990-t exempt organization business income tax return. Lab central has generated net taxable income and has provided for federal and state income taxes. For federal and state income taxes, deferred tax assets and liabilities are recognized based upon temporary differences between the financial statement and the tax basis of assets and liabilities. Deferred income taxes are based upon prescribed rates and enacted laws applicable to periods in which differences are expected to reverse. 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, 2023, 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 811 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/OtherCompensationAmt742169
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt823666
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt946725
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1026776
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1138787
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1232841
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IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN TREGAY PHD
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN HARTHORNE
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHANNES FRUEHAUF MD PHD
IRS990/Form990PartVIISectionAGrp/PersonNm5PETER D PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm6PETER SHANLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7CELINA C CHANG
IRS990/Form990PartVIISectionAGrp/PersonNm8ANNA WHITLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm9MIKE LARHETTE
IRS990/Form990PartVIISectionAGrp/PersonNm10GRETCHEN COOK-ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm11MARGARET E O'TOOLE
IRS990/Form990PartVIISectionAGrp/PersonNm12RACHELE RYAN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4342464
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5782
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6161466
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7265221
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8222728
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9327021
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10312690
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11366951
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12178546
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CFO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP, SCIENCE OPERATION & ST
IRS990/Form990PartVIISectionAGrp/TitleTxt8SR. DIR. PEOPLE STRATEGY &
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF BUSINESS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR OF IGNI
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR, PROGRAMMING & COMMUNITY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02012
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0115766
IRS990/GrantAmt0113419
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0113419
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0113419
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt024500358
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt033
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0610384
IRS990/InformationTechnologyGrp/ProgramServicesAmt059216
IRS990/InformationTechnologyGrp/TotalAmt0669600
IRS990/InsuranceGrp/ManagementAndGeneralAmt0213389
IRS990/InsuranceGrp/ProgramServicesAmt060185
IRS990/InsuranceGrp/TotalAmt0273574
IRS990/InvestmentIncomeGrp/ExclusionAmt0565201
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0565201
IRS990/InvestmentInJointVentureInd01
IRS990/IRPDocumentCnt063
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016261553
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012246653
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010929233
IRS990/LandBldgEquipCostOrOtherBssAmt027190786
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
IRS990/NetAssetsOrFundBalancesBOYAmt024146543
IRS990/NetAssetsOrFundBalancesEOYAmt024167973
IRS990/NetUnrelatedBusTxblIncmAmt01389860
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt024146543
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt024167973
IRS990/NoncashContributionsAmt01862019
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0-36373
IRS990/OccupancyGrp/ProgramServicesAmt04542063
IRS990/OccupancyGrp/TotalAmt04505690
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02372
IRS990/OfficeExpensesGrp/ProgramServicesAmt0610196
IRS990/OfficeExpensesGrp/TotalAmt0612568
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt078357884
IRS990/OtherAssetsTotalGrp/EOYAmt069881798
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0331579
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01693527
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02025106
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1LAB SUPPLIES & CONSUMAB
IRS990/OtherExpensesGrp/Desc2ENVIRONMENTAL SVCS & PE
IRS990/OtherExpensesGrp/Desc3PROVISION FOR INCOME TA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020262
IRS990/OtherExpensesGrp/ProgramServicesAmt01770679
IRS990/OtherExpensesGrp/ProgramServicesAmt11144948
IRS990/OtherExpensesGrp/ProgramServicesAmt2534818
IRS990/OtherExpensesGrp/ProgramServicesAmt3385095
IRS990/OtherExpensesGrp/TotalAmt01770679
IRS990/OtherExpensesGrp/TotalAmt11144948
IRS990/OtherExpensesGrp/TotalAmt2534818
IRS990/OtherExpensesGrp/TotalAmt3405357
IRS990/OtherLiabilitiesGrp/BOYAmt081888363
IRS990/OtherLiabilitiesGrp/EOYAmt079458584
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0EVENT REVENUE
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1744
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0118562
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1744
IRS990/OtherRevenueTotalAmt0119306
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02064179
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05096904
IRS990/OtherSalariesAndWagesGrp/TotalAmt07161083
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0196075
IRS990/PayrollTaxesGrp/ProgramServicesAmt0512070
IRS990/PayrollTaxesGrp/TotalAmt0708145
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt085090
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0434591
IRS990/PensionPlanContributionsGrp/TotalAmt0519681
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01444990
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0875632
IRS990/PrincipalOfficerNm0JOHANNES FRUEHAUF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541380
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2541380
IRS990/ProgramServiceRevenueGrp/Desc0INCUBATOR INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2HARVARD LIFE LAB SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014078294
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11068833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014078294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11514304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21068833
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01514304
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06222655
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt061571
IRS990/PYInvestmentIncomeAmt087946
IRS990/PYOtherExpensesAmt012375035
IRS990/PYOtherRevenueAmt037001
IRS990/PYProgramServiceRevenueAmt016282014
IRS990/PYRevenuesLessExpensesAmt0977422
IRS990/PYSalariesCompEmpBnftPaidAmt09215588
IRS990/PYTotalExpensesAmt021652194
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt022629616
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-376482
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015266433
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EVENT REVENUE - 2019 AMOUNT: $ 95,865. 2020 AMOUNT: $ 17,152. 2021 AMOUNT: $ 15,582. 2022 AMOUNT: $ 31,386. 2023 AMOUNT: $ 118,562. OTHER REVENUE - 2020 AMOUNT: $ 727,730. 2022 AMOUNT: $ 705. 2023 AMOUNT: $ 744. CCRCT - 2020 AMOUNT: $ 109,760. 2021 AMOUNT: $ 87,483. 2022 AMOUNT: $ 4,910.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07154420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06222656
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06081659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05345306
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04949591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt029753632
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0565201
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt087946
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044818
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt078720
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0128341
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0905026
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0119306
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt037001
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0103065
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0854642
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt095865
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01209879
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.55050
IRS990ScheduleA/PublicSupportPY170Pct00.46240
IRS990ScheduleA/PublicSupportTotal170Amt023567996
IRS990ScheduleA/SubstantialContributorsTotAmt06185636

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,041,639
Liabilities
$84,873,666
Net assets
$24,167,973
Revenue
$24,500,358
Expenses
$24,876,840
Net income
-$376,482
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