Lab Four Professional Development CenterInc
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Lab Four Professional Development Center Inc is a nonprofit organization dedicated to job training and workforce development. With an operating budget of $3.4 million and total revenue of $2.7 million in 2022, the organization aims to enhance business success through technology training, equip individuals with essential skills for stable employment or entrepreneurship, and collaborate with other nonprofits to maximize community potential. Notably, Lab Four does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit 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
$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.