Overview
What is The Lean Lab Inc?
The Lean Lab Inc, located in Kansas City, Missouri, is a dynamic nonprofit community that spearheads transformational education innovations with a national impact. Through catalyzing, supporting, and developing education innovators, they create solutions in the form of technologies, services, and new school models. The Lean Lab Inc actively engages parents, students, educators, and innovators in the Kansas City region by hosting community convening events such as focus groups and monthly meetups. Their primary goal is to identify community needs for innovation and foster an innovation mindset within the local community. The organization, with a workforce of 13 individuals, is dedicated to improving education and driving innovation in public schools.
Official website here: www.theleanlab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 68%)
The Lean Lab Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting concerns primarily around accountability and finance, which scored 62. While the organization shows strong performance in the culture and community category with a score of 98, the overall financial health raises some flags, notably the absence of independent board members and missing financial statements on their website.
Despite these limitations, The Lean Lab Inc demonstrates effective feedback mechanisms, achieving full marks for both feedback collection and usage, indicating a commitment to community engagement. The organization also boasts strong equity strategies, scoring 97, which suggests they are focused on inclusivity in their programs. However, the lack of independently verified financial practices and transparency could impact potential donor confidence.
In summary, while The Lean Lab Inc demonstrates strengths in community involvement and equity strategies, the financial management aspects need considerable improvement to enhance overall accountability. Prospective supporters are encouraged to consider these factors when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is The Lean Lab Inc legitimate?
The Lean Lab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lean Lab Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $868,712
For more financial information, click here
Official website here: www.theleanlab.org
What is the mission statement of The Lean Lab Inc?
The Lean Lab Inc is committed to launching transformational education innovations that have a national impact. They catalyze, support, and develop education innovators who create transformational education solutions, such as technologies, services, and new school models. The organization hosts community convening events for parents, students, educators, and innovators interested in improving public schools. These events aim to identify community needs for innovation and cultivate an innovation mindset within the local community. The Lean Lab Inc's activities are geared towards fostering educational change on a national scale.
Official website here: www.theleanlab.org
Who is the CEO of The Lean Lab Inc?
Catherine Boody is the Executive Di of The Lean Lab Inc.
Official website here: www.theleanlab.org
What is the revenue of The Lean Lab Inc?
The Lean Lab Inc's revenue in 2022 was $718,019.
Official website here: www.theleanlab.org
Who are the executives of The Lean Lab Inc and what are their salaries?
The average compensation at The Lean Lab Inc during 2022 was $66,824. There are 13 employees at The Lean Lab Inc.
Here are 10 key members and their salaries:
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Official website here: www.theleanlab.org
Where can I find the form 990 for The Lean Lab Inc?
The Lean Lab Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theleanlab.org
Learn more at the official website: www.theleanlab.org
Mission Statement of The Lean Lab Inc
The Lean Lab is a community that initiates, fosters, and refines transformative education innovations with national implications. This Kansas City-based organization catalyzes, supports, and develops education innovators who create transformative education solutions in the form of technologies, services, and new school models. The Lean Lab's mission is to launch innovations that revolutionize the education sector, empowering individuals to build solutions that address the evolving needs of public schools.
By hosting ongoing community events, The Lean Lab brings together parents, students, educators, and innovators interested in improving public schools within the Kansas City, Missouri region. These events, which range from small focus groups to monthly meetups and an annual listening tour, serve to identify community needs for innovation and cultivate an innovation mindset within the regional community. The Lean Lab's mission is to drive positive change in the education sector, leveraging the collective knowledge and expertise of its community members to create innovative solutions that benefit students and educators alike.
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Impact
July, 2024
The Lean Lab Inc is a Kansas City-based organization that is making a significant impact in the field of education innovation. By catalyzing, supporting, and developing education innovators who are creating transformational solutions for schools, The Lean Lab is not only improving education within the Kansas City region but also influencing the national landscape. Through ongoing community events and initiatives, The Lean Lab is fostering an innovation mindset among parents, students, educators, and innovators, ultimately leading to positive change in public schools. Overall, The Lean Lab's efforts are driving forward progress in education and providing opportunities for impactful change on a broader scale.
This information is meant to be a general summary of The Lean Lab Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $431
- Program Service Revenue: $126,953
- Gross Receipts: $718,019
Assets and Liabilities:
- Total Assets: $647,443
- Total Liabilities: $3,397
- Net Assets: $644,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$126,700
MISC REVENUE
Revenue
$253
Organization Details
Founding Year
2014
Phone
(913) 636-5918Principal Officer
Catherine Boody
Main Address
1475 WALNUT STREET, KANSAS CITY, MO, 64106
Website
www.theleanlab.orgNTEE Category
Code: B90 - Education
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