NonprofitsLabfour Career Training Institute

Employment

Labfour Career Training Institute

MEMPHIS, TN

Total revenue

$2.7M

Total expenses

$3.4M

Net assets

$2.1M

Grants received

$14K

1 grants

EIN

264178652

Tax year

2022

Mission

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.

Financials

FY 2022

Revenue

Contributions & grants
Program service revenue$2.7M
Investment income
Other revenue
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$2.0M
Total expenses$3.4M
Total assets$2.3M
Net assets$2.1M

People

2 listed

NameRoleCompensation

Tony Okhiria

President

Board

$351K

40 hrs/wk

Stephanie Okhira

Director

Board

$212K

40 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$14K
FLOW THROUGH DOL GRANT
2020

Funded by

$14K from 1 funder · 1 grant · 2020

Memphis Bioworks Foundation

$14K · 1 grant · 2020

Details

EIN264178652
NTEE codeJ22
Subsection03
Ruling date2016-12
Formed2015
Employees22
Volunteers4
LABFOUR CAREER TRAINING INSTITUTE — Mission, Financials & Grants Received | Grantivo