philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Lean Lab EIN 47-1489862

Lean Lab FY2022 filing

EIN  47-1489862 Public charity (501(c)(3)) Kansas City, MO
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Verified accurate 9/2/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Lean Lab claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Launches and supports education innovations with national impact.
Leadership
Catherine Boody · Executive Di · $161K
Money in and out
$718K revenue, $1.5M expenses
Bottom line
63% program efficiency

Launches and supports education innovations with national impact. For fiscal year 2022 it reported $718K in revenue, $1.5M in expenses, and $644K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$718K
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$644K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$776K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.35 Fundraising $0.02
Program efficiency
63%
of spending reaches programs
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-108%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$718K
FY2022▼ -38%
Expenses
$1.5M
FY2022▲ +19%
Total assets
$647K
FY2022▼ -55%
Total liabilities
$3K
FY2022▼ -80%
Total revenue
$718K
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$644K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$776K
Total assetsPt X · Ln 16$647K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $671K of program spending, described in the organization's own filed words · FY2022.
01

We are a nonprofit organization that specializes in codesign research between education technology companies and schools. We match parents, learners, and educators with edtech developers to inform, develop, and evaluate the next generation of classroom tools.

$364Kprogram expense
02

Leanlab hosts ongoing community convening events for parents, students, educators and innovators interested in innovating to better public schools within the kansas city, missouri region. These events take the form of small focus groups, monthly meetups, and an annual listening tour with the goal of identifying community needs for…

$307Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLean Lab
EINHdr · item D47-1489862
Principal addressHdr · item CKansas City, MO
WebsiteHdr · item Jwww.theleanlab.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFNov 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Catherine Boody
Executive Di
$161,367Pt VII · Sec A
$0Pt VII · Sec A
Edith Gummer
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Catherine Boody’s $163K as Executive Director is at the 71st percentile of top reported officer pay among 3393 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2022
Catherine Boody$162,504$163,092$161,367
Catherine Boody—$163,092—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Lean Lab executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$591K · 82%
Program service revenue$127K · 18%
Contributions & grants82%$591K
Program service revenue18%$127K
Investment income$431
— government grantsLn 1e$59K
Total revenueLn 12$718K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.35 Fundraising $0.02
Program services63%$944K
Management & general35%$527K
Fundraising2%$23K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$626K
Total assetsLn 16$647K
Total liabilitiesLn 26$3K
Total net assetsLn 32$644K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $626K · Operating expenses/yr $1.5M
5.0 months
Where the money goes
Program services
Program services $944K · Total expenses $1.5M
63%
Management & General
Management & general $527K · Total expenses $1.5M
35%
Fundraising
Fundraising $23K · Total expenses $1.5M
2%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $1.0M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $591K · Total revenue $718K
82%
Government reliance
Government grants $59K · Total revenue $718K
8%
Earned-income share
Program service revenue $127K · Total revenue $718K
18%
Investment reliance
Investment income $431 · Total revenue $718K
0%
Program self-sufficiency
Program service revenue $127K · Total expenses $1.5M
8%
Growth & trend
Revenue growth (YoY)
This year $718K · Prior year $1.2M
-38%
Net-asset trend (YoY)
End of year $644K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $718K · Expenses $1.5M
-108%
Liabilities-to-Assets
Total liabilities — · Total assets $647K
—
Net-asset ratio
Net assets $644K · Total assets $647K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $647K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Catherine Boody · Reported title EXECUTIVE DI · Highest reported compensation $161K · Total expenses $1.5M
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0M · Total expenses $1.5M
68%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%——
Overhead ratio 35%——
Fundraising cost ratio 4%——
Revenue growth -38%——
Legal fee ratio 1%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Silicon Schools Fund INCFY2024$80K
Total grants receivedfrom 1 funder$80K
Grants paid · 2 grants · $76K · 2023–2023
Innovateedu INCNY · FY2023$50,000
Cambiar EducationCA · FY2023$25,500

Similar Organizations

Closest in mission — by what they do
Lean Rocket LabMI
Inspire Innovation LabMN
Change LabsAZ
Mrg LabsFL
Teaching LabDC
Learning AcceleratorCA
See all organizations like Lean Lab →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.4M revenue · ⤓ 990 PDF
FY2024$896K revenue · ⤓ 990 PDF
FY2023not on file
FY2022$718K revenue · viewing · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$1.6M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.