Lab Four Professional Development CenterInc

Lab Four Professional Development CenterInc

Memphis, TN, US
501(c)(3)
EIN
26-4178652

Lab Four Professional Development CenterInc

Memphis, TN, US
501(c)(3)
EIN
26-4178652

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2022

$2,711,471

Program Services
>99%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2022

$3,350,457

Salaries & Benefits
39%
Other
29%
Offices, Occupancy & IT
23%
Depreciation
4%
Fees to Service Providers
4%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2021
2022
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$5,875,670
$2,711,471
-54%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$5,875,670
$2,711,471
-54%
Expenses
2021
2022
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,546,770
$1,319,254
-15%
Fees to Service Providers
$368,260
$135,918
-63%
Advertising & Promotion
$1,373
$8,255
+501%
Offices, Occupancy & IT
$180,928
$763,468
+322%
Interest
$0
$3,586
-
Depreciation
$0
$148,513
-
Other
$1,799,237
$971,463
-46%
Total Expenses
$3,896,568
$3,350,457
-14%
Net income
2021
2022
Change
Net income
+$1,979,102
-$638,986
-132%
Functional Expenses
Summary
2021
2022
Change
Program
$0
$2,686,571
-
Admin
$0
$663,886
-
Fundraising
$3,896,568
$0
-100%
Total Expenses
$3,896,568
$3,350,457
-14%
Income Statement
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