Nonprofits›Lean Rocket Lab

Community Improvement & Capacity Building

Lean Rocket Lab

JACKSON, MI

Website

Total revenue

$1.9M

Total expenses

$1.6M

Net assets

$620K

Grants received

$699K

19 grants

EIN

830792165

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$762K
Investment income$10K
Other revenue$60K
Total revenue$1.9M

Expenses

Grants paid$88K
Salaries & benefits$580K
Fundraising$99K
Other expenses$979K
Total expenses$1.6M
Total assets$1.2M
Net assets$620K

People

9 listed

NameRoleCompensation

BRANDON MARKEN

PRESIDENT/CE

Board

$141K

40 hrs/wk

KEN SENEFF

VP/SECRETARY

Board

$141K

40 hrs/wk

NADIA ABUNASSER

DIRECTOR

Board

—

1 hrs/wk

RICHARD COLLINS

DIRECTOR

Board

—

1 hrs/wk

MARTHA FEURSTENAU

DIRECTOR

Board

—

1 hrs/wk

SEAN HILBERT

BOARD CHAIR

Board

—

1 hrs/wk

STEVE RICK

DIRECTOR

Board

—

1 hrs/wk

JENNIFER RIVERA

TREASURER

Board

—

1 hrs/wk

DAVID SHIRKEY

DIRECTOR

Board

—

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
THE WALTERS FAMILY FOUNDATION
$90K
WFF FUNDING WILL HELP REMOVE 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.
2024
AMERICAN ENDOWMENT FOUNDATION
$60K
GENERAL OPERATING SUPPORT
2024
THE ALVIN L GLICK FOUNDATION
$50K
GENERAL OPERATING
2024
THE HURST FOUNDATION
$50K
GENERAL OPERATIONS
2024
LAVERY FOUNDATION
$1K
GENERAL
2024
THE HURST FOUNDATION
$50K
GENERAL OPERATIONS
2023
THE ALVIN L GLICK FOUNDATION
$50K
GENERAL OPERATING
2023
CONSUMERS ENERGY FOUNDATION
$25K
LEAN ROCKET LAB
2023
THE ALVIN L GLICK FOUNDATION
$5K
GENERAL OPERATING
2023
THE HURST FOUNDATION
$100K
GENERAL OPERATIONS
2022
THE WALTERS FAMILY FOUNDATION
$50K
WFF FUNDING WILL HELP REMOVE 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.
2022
COMERICA CHARITABLE FOUNDATION
$5K
Lean Rocket LOCAL
2022
LAVERY FOUNDATION
$2K
GENERAL FUND
2022
THE HURST FOUNDATION
$50K
GENERAL OPERATIONS
2021
LAVERY FOUNDATION
$3K
GENERAL FUND
2021
CONSUMERS ENERGY FOUNDATION
$50K
LEAN ROCKET LAB, A MICHIGAN NON-PROFIT CORPORATION
2020
THE HURST FOUNDATION
$50K
GENERAL OPERATIONS
2020
Ann Arbor Spark
$6K
COVID RELIEF
2020
LAVERY FOUNDATION
$3K
GENERAL FUND
2020

Funded by

$699K from 8 funders · 19 grants · 2020–2024

The Hurst Foundation

$300K · 5 grants · 2020–2024

The Walters Family Foundation

$140K · 2 grants · 2022–2024

The Alvin L Glick Foundation

$105K · 3 grants · 2023–2024

Consumers Energy Foundation

$75K · 2 grants · 2020–2023

American Endowment Foundation

$60K · 1 grant · 2024

Lavery Foundation

$8K · 4 grants · 2020–2024

Ann Arbor Spark

$6K · 1 grant · 2020

Comerica Charitable Foundation

$5K · 1 grant · 2022

Details

EIN830792165
NTEE codeS30
Subsection03
Ruling date2020-01
Formed2018
Employees8
LEAN ROCKET LAB — Mission, Financials & Grants Received | Grantivo