Nonprofits›Refraction Inc
Community Improvement & Capacity Building
Refraction Inc
MCLEAN, VA
Total revenue
$647K
Total expenses
$671K
Net assets
$773K
Grants received
—
EIN
831426812
Tax year
2024
Mission
Refraction is a nonprofit innovation hub, whose mission is to provide mentoring, programs, and workspace to startups and high-growth companies to help them grow and create jobs in the greater Washington, DC region.
Financials
FY 2024
Revenue
Contributions & grants$5K
Program service revenue$617K
Investment income$25K
Other revenue—
Total revenue$647K
Expenses
Grants paid—
Salaries & benefits$298K
Fundraising$5K
Other expenses$373K
Total expenses$671K
Total assets$1.0M
Net assets$773K
People
4 listed
NameRoleCompensation
Rachael Stott
President & CEO
Board
$100K
40 hrs/wk
Esther Lee
Treasurer
Board
$43K
10 hrs/wk
James Quigley
Chairman
Board
—
1 hrs/wk
Tien Wong
Secretary
Board
—
1 hrs/wk
Details
EIN831426812
NTEE codeS30
Subsection03
Ruling date2019-03
Formed2018
Employees4