Launches and supports education innovations with national impact.
For fiscal year 2024 it reported $896K in revenue, $1.1M in expenses, and $386K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$896K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$386K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$218K
Where spending went · Part IX cols B–D
87%
44%
Program services $0.87 Management & general $0.44 Fundraising $0.07
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-24%
revenue over expenses, this year
Donor-funded
84%
of revenue is gifts & grants
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$896K
FY2024▲ +25%
$2.4M$1.2M$0
FY2020FY2025
Expenses
$1.1M
FY2024▼ -25%
$2.5M$1.2M$0
FY2020FY2025
Total assets
$446K
FY2024▼ -31%
$1.4M$718K$0
FY2020FY2025
Total liabilities
$30K
FY2024▲ ×18
$793K$397K$0
FY2020FY2025
Total revenue
$896K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$386K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$218K
Total assetsPt X · Ln 16$446K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III
Where the work happens
3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2023.
01
Leanlab hosts ongoing community convening events for parents, students, educators and innovators interested in innovating to better public school 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…
$718Kprogram expense
02
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.
$469Kprogram expense
03
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…
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
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.
Individual Catherine Boody · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $163K · Total expenses $1.1M
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.2M · Total expenses $1.1M
not reported
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
87%
—
—
Overhead ratio
44%
—
—
Fundraising cost ratio
10%
—
—
Revenue growth
25%
—
—
Legal fee ratio
1%
—
—
Accounting fee ratio
4%
—
—
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.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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