Overview
What is Instituto Lab?
Instituto Lab is a nonprofit organization situated in Phoenix, Arizona, with a single employee. Their primary mission is to empower communities nationwide by conducting capacity building trainings for community development organizations. This empowers these communities to take on leadership roles and actively shape their futures. They have successfully carried out these trainings across various states, contributing to the growth and development of these communities. Their headquarters are located at 221 E Indianola Ave.
Official website here: www.instituto.io/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (52%)
Instituto Lab has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The organization scored 52% overall, with a particularly low score in areas such as governance and transparency. Notably, the board has 0% independent members, raising questions about oversight and decision-making.
Despite these weaknesses, Instituto Lab demonstrates a relatively strong program expense ratio of 84.28%, suggesting that a substantial portion of its resources is directed toward its programs. However, the organization lacks essential policies, such as a conflict of interest policy and a whistleblower policy, which further undermines its accountability.
While the organization lists its website on the tax form, it fails to provide crucial financial documents that would allow for greater scrutiny of its operations. The absence of independent board members and missing governance policies highlight potential risks for stakeholders and donors considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Instituto Lab legitimate?
Instituto Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Instituto Lab 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: $85,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,107
For more financial information, click here
Official website here: www.instituto.io/
What is the mission statement of Instituto Lab?
Instituto Lab's mission is centered around providing capacity building to community development organizations nationwide. The primary goal is to empower these communities, encouraging them to take on leadership roles and actively participate in shaping their future. Through various capacity building trainings, Instituto Lab aims to equip these communities with the necessary skills and resources to effectively drive change within their localities.
Official website here: www.instituto.io/
Who is the CEO of Instituto Lab?
Shelley Jackson is the Executive Director of Instituto Lab.
Official website here: www.instituto.io/
What is the revenue of Instituto Lab?
Instituto Lab's revenue in 2022 was $1,243,885.
Official website here: www.instituto.io/
Who are the executives of Instituto Lab and what are their salaries?
The average compensation at Instituto Lab during 2022 was $539,723. There is 1 employee at Instituto Lab.
Here are 2 key members and their salaries:
- Compensation: $85,616
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.instituto.io/
Where can I find the form 990 for Instituto Lab?
Instituto Lab's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.instituto.io/
Learn more at the official website: www.instituto.io/
Mission Statement of Instituto Lab
Instituto Lab, as a nonprofit organization, focuses on empowering community development organizations nationwide. Their primary mission is to provide capacity building services, thereby enabling these communities to assume leadership roles and actively participate in shaping their future. By conducting capacity building trainings across the state, Instituto Lab aims to foster a culture of self-sufficiency and community engagement. This approach equips these organizations with the necessary skills and resources to drive positive change in their respective communities.
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Impact
July, 2024
Instituto Lab empowers communities across the country by providing capacity-building training to community development organizations. Through their efforts, they enable communities to actively engage in leadership positions and shape their own future. Their impact can be seen in the increased leadership skills and empowerment of individuals who participate in their trainings, thereby strengthening the fabric of communities nationwide.
This information is meant to be a general summary of Instituto Lab. 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.
- Gross Receipts: $1,243,885
Assets and Liabilities:
- Total Assets: $667,722
- Total Liabilities: $94,887
- Net Assets: $572,835
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Organization Details
Founding Year
2019
Phone
(602) 743-5464Principal Officer
Shelley Jackson
Main Address
221 E Indianola Ave, Phoenix, AZ, 85012
Website
www.instituto.io/NTEE Category
Code: P02 - Human services
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