Lab Four Professional Development CenterInc
AI Summary
Lab Four Professional Development Center Inc is a nonprofit organization dedicated to job training and workforce development. With a mission to enhance business success through technology training and to equip individuals with the skills needed for stable employment or entrepreneurship in high-demand industries, Lab Four collaborates with other nonprofits to uplift the community. In 2022, the organization operated on a budget of $3.4 million, generating $2.7 million in revenue, and it relies heavily on a single unidentified funder, which contributes over 50% of its revenue. More information can be found on their website at labfour.com.
Mission Statement
Lab Four's mission s to become a key workforce development partner in three ways: by providing the best possibe technology training to help businesses become more sucessful; by providing the skills and credentials necesary for individuals to secure stable employment or pursue entrepreneurship opportunities in a high-demanding industry; and partnering with nonprofit organizations to help our community fulfill its vast potential.
Cause Areas
1
Job training
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
MEMPHIS BIOWORKS FOUNDATION
Memphis, TN, US
$10.7M
28%
Frequently Asked Questions
What is Lab Four Professional Development CenterInc’s budget?
In 2022, Lab Four Professional Development CenterInc reported an annual operating budget of around $3.4 million. More detailed financial information is available to registered users.
What causes does Lab Four Professional Development CenterInc support?
Lab Four Professional Development CenterInc supports work in Job training.
Where does Lab Four Professional Development CenterInc operate?
Lab Four Professional Development CenterInc is headquartered in Memphis, TN.
Who funded Lab Four Professional Development CenterInc recently?
In 2020, Lab Four Professional Development CenterInc received grants from MEMPHIS BIOWORKS FOUNDATION, MEMPHIS BIOWORKS FOUNDATION, and MEMPHIS BIOWORKS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Lab Four Professional Development CenterInc received in 2020?
The largest grant to Lab Four Professional Development CenterInc in 2020 exceeds $14 thousand.