Seeding Labs A Non Profit Corporation
- Assets
- $3.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 12
- Location
- Boston, MA
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 10-8267613
Organization Overview
Seeding Labs A Non Profit Corporation is located in Boston, MA. The organization was established in 2008. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Seeding Labs A Non Profit Corporation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seeding Labs A Non Profit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Seeding Labs A Non Profit Corporation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER EVERY SCIENTIST TO TRANSFORM THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, UNDER THE UMBRELLA OF THE "INSTRUMENTAL ACCESS" PROGRAM, SEEDING LABS LEVERAGED ITS NETWORK OF OVER 200 SCIENTIFIC ENTITIES INCLUDING EQUIPMENT MANUFACTURERS, LIFE SCIENCE COMPANIES, UNIVERSITIES, AND INDIVIDUALS TO SIGNIFICANTLY INCREASE ACCESS TO RESOURCES FOR RESEARCHERS AND STUDENTS IN DEVELOPING COUNTRIES. WE SUPPORTED 16 INSTITUTIONS ACROSS 8 COUNTRIES WITH MORE THAN 40 TONS OF LABORATORY EQUIPMENT AND SUPPLIES - A VALUE OF OVER $1.3 MILLION OF DOLLARS. FOR MORE THAN A DECADE, RESEARCHERS AND STUDENTS AT MORE THAN 90 INSTITUTIONS ACROSS THE WORLD HAVE BENEFITED FROM INSTRUMENTAL ACCESS.SEEDING LABS' ONLINE TELESCIENCE PLATFORM (HTTPS://TELESCIENCE.SEEDINGLABS.ORG) CONNECTS SCIENTISTS AROUND THE WORLD, SHARING KNOWLEDGE THAT ACCELERATES STEM TEACHING AND RESEARCH. SCIENTISTS USE THE VIDEO LIBRARY TO SHARE SOLUTIONS AND INSIGHTS ON BOTH TECHNICAL AND SOFT SKILLS, NO MATTER WHERE THEY ARE IN THE WORLD. THIS PLATFORM IS FREE FOR ALL SCIENTISTS TO CONTRIBUTE TO AND VIEW. VIDEOS ON THE TELESCIENCE PLATFORM HAVE BEEN VIEWED FROM 156 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Wu CEO | Officer | 43 | $126,396 |
David Qualter VP Operations | 40 | $102,890 | |
Vishal Patel PHD Vice Chair | OfficerTrustee | 2 | $0 |
Joanne Kamens PHD Chair | OfficerTrustee | 2 | $0 |
Andrew Suchoff Clerk | OfficerTrustee | 2 | $0 |
Beata Dragovics Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $162,604 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,836,099 |
| Noncash contributions included in lines 1a–1f | $1,464,642 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,998,703 |
| Total Program Service Revenue | $897,386 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,907,900 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,161,847 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,872 |
| Compensation of current officers, directors, key employees. | $31,968 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $547,065 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,120 |
| Payroll taxes | $69,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $61,568 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,300 |
| Advertising and promotion | $5,536 |
| Office expenses | $23,581 |
| Information technology | $40,866 |
| Royalties | $0 |
| Occupancy | $72,292 |
| Travel | $2,052 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,160 |
| Insurance | $15,987 |
| All other expenses | $0 |
| Total functional expenses | $2,698,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $773,499 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $165,960 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,287,139 |
| Prepaid expenses and deferred charges | $34,638 |
| Net Land, buildings, and equipment | $4,795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,266,031 |
| Accounts payable and accrued expenses | $72,721 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $115,057 |
| Total liabilities | $187,778 |
| Net assets without donor restrictions | $2,667,062 |
| Net assets with donor restrictions | $411,191 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,266,031 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Seeding Labs A Non Profit Corporation has recieved totaling $140.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $140 |
Endowment Analysis
| Beg. Balance | $31,266 |
| Net Contributions | $15,000 |
| Other Expense | $31,266 |
| Ending Balance | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stockholm Environment Institute Usinc Somerville, MA | $5,389,275 | $5,787,254 |
Sustainable Manufacturing Innovation Alliance Corp West Henrietta, NY | $5,170,750 | $6,786,054 |
Mccourt Institute New York, NY | $300,000 | $5,000,000 |
Seeding Labs A Non Profit Corporation Boston, MA | $3,266,031 | $2,907,900 |
Aurelia Institute Inc Cambridge, MA | $1,155,648 | $1,900,000 |
Choroideremia Research Foundation Inc Springfield, MA | $985,906 | $664,881 |
Sailing Yacht Research Foundation Inc Jamestown, RI | $70,482 | $72,424 |
Terasem Movement Foundation Inc Lincoln, VT | $5,839,286 | $987,846 |
Station 1 Laboratory Lawrence, MA | $241,896 | $541,890 |
Human Computation Institute Ithaca, NY | $12,843 | $184,979 |
Frontiers Of Tech Governance Inc Cambridge, MA | $4,505 | $0 |
Maritime Cybersecurity Center Middletown, RI | $922 | $0 |