Quelab
- Assets
- $35.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 45-4407795
Organization Overview
Quelab is located in Albuquerque, NM. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quelab 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 12/2022, Quelab generated $54.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $44.8k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE WORKSHOPS, CLASSROOMS AND COMMUNITY ROMS FOR MAKERS, TINKERERS AND BUILDERS OF THING TO EXPLORE AND EXPAND THEIR CREATIVE IDEAS. OVER 85 MEMBERS USE THE SPACE DURING ALL HOURS OF DAY AND NIGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Snyder Board Chair Woman | 1 | $0 | |
P Adric Menning Presiden And Board Member | 1 | $0 | |
Craig Goldsmith Board Member | 1 | $0 | |
Darrel Knutson Board Member | 1 | $0 | |
John Benedeto Office Manager | 2 | $0 | |
William P Kriegh Director Secretary Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,333 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,705 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,038 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,098 |
| Occupancy, rent, utilities, and maintenance | $32,678 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $44,776 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,342 |
| Other assets | $0 |
| Total assets | $35,342 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,342 |