LEAN ROCKET LAB
AI Summary
LEAN ROCKET LAB is an economic development nonprofit focused on removing barriers to innovation by providing a collaborative workspace, educational programming, business resources, and access to capital so entrepreneurs can launch and grow. In filing year 2024, it reported $1.9M in revenue against a $1.6M operating budget, with major support from THE HURST FOUNDATION, THE WALTERS FAMILY FOUNDATION, and THE ALVIN L GLICK FOUNDATION.
Mission Statement
LEAN ROCKET LAB REMOVES COMMON BARRIERS TO INNOVATION BY PROVIDING A COLLABORATIVE WORKSPACE FULL OF HIGH ENERGY ENTREPRENEURS, ADVANCED EDUCATIONAL PROGRAMMING, HELPFUL BUSINESS RESOURCES, AND ACCESS TO VARIOUS STAGES OF CAPITAL SO BUSINESSES OR PRODUCTS CAN LAUNCH AND THRIVE.
Cause Areas
1
Economic development
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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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- 9 funders
- 15 board & team members
- 7 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is LEAN ROCKET LAB’s budget?
In 2024, LEAN ROCKET LAB reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does LEAN ROCKET LAB support?
LEAN ROCKET LAB supports work in Economic development.
Where does LEAN ROCKET LAB operate?
LEAN ROCKET LAB is headquartered in Jackson, MI.
Who funded LEAN ROCKET LAB recently?
In 2024, LEAN ROCKET LAB received grants from THE WALTERS FAMILY FOUNDATION, AMERICAN ENDOWMENT FOUNDATION, and THE HURST FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LEAN ROCKET LAB received in 2024?
The largest grant to LEAN ROCKET LAB in 2024 exceeds $90 thousand.
What is LEAN ROCKET LAB’s reliance on government grants?
LEAN ROCKET LAB relied on government grants for more than 35% of their total revenue in 2024.