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Laboratoria Inc.

Laboratoria Inc.

Brooklyn, NY
Tax ID81-5071835

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About this organization

Revenue

$2,860,353

Expenses

$1,329,419

Mission

Laboratoria, Inc. (the Organization)supports world-class organizations in Latin America that provide technology education to women from underserved backgrounds.

About

2017 was Laboratorias Inc. first year. As such, main activities were around recruiting and onboarding the Board, defining the organizations strategic plan for the next three years, and identify potential partners to support the education of young women from underserved backgrounds in Latin America. The organization managed to select its first potential grantee, conduct the due diligence process and launch a first program in Chile.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “To provide young women from low-income backgrounds a career in tech industry.more than half of women in latin america are still not part of the regions workforce, and most of those who work do so in low-skilled, informal employment, often with low salaries and in precarious conditions. female participation in the technology sector is particularly low, with women representing a striking minority of it professionals.laboratoria inc. exists to support those organizations working to address this problem in the region and to solve it by leveraging on the enormous need for talent and diversity in the technology sector. the organization does this by supporting organizations in latin america, with a like-minded mission, that identify and prepare talented young women from economically underserved backgrounds as software developers and then placethem in jobs in the technology sector.”.

When describing its duties, they were characterized as: “Laboratoria, inc. (the organization)supports world-class organizations in latin america that provide technology education to women from underserved backgrounds.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as CA.
  • The filing shows that the non-profit's address as of 2019 is 61 GREEN POINT AVENUE STE 114, BROOKLYN, NY, 11222.
  • As of 2019, the non-profit has reported a total of 0 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,530,934.
  • The compensation policy for the CEO of the organization is not determined through an impartial evaluation and endorsement.
  • The organization has 7 independent voting members.
  • The organization was formed in 2017.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $5,040 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization grants to a related person.
  • The organization's financial statements were reviewed by an accountant.

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