The Lab School
The Lab School consistently maintains positive net income and zero officer compensation, growing assets steadily.
EIN: 200170771 · Kirkwood, MO · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $419K |
| Total Expenses | $379K |
| Program Spending | 90% |
| Net Assets | $641K |
| Transparency Score | 92/100 |
Is The Lab School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Lab School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Lab School
The Lab School (EIN: 200170771) is a nonprofit organization based in Kirkwood, MO, classified under NTEE code B21. The organization reported total revenue of $419K and total assets of $654K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Lab School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Lab School is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $385K |
| Total Expenses | $379K |
| Surplus / Deficit | +$6K |
| Total Assets | $641K |
| Net Assets | $641K |
| Operating Margin | 1.5% |
| Months of Reserves | 20.3 months |
Financial Health Grade: A
In 2023, The Lab School reported a surplus of $6K with revenue exceeding expenses, holds 20.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Lab School's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.3% | +9.6% | +0.9% |
| 2022 | -7.5% | +1.9% | +12.2% |
| 2021 | +47.7% | +18.5% | +11.1% |
| 2020 | -6.6% | -10.8% | +15.9% |
| 2019 | -4.2% | +1.7% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Lab School with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Lab School allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated financially by the organization, which is highly unusual for an organization of its size and consistent revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for The Lab School:
- Consistent positive net income, indicating financial stability (e.g., $385,101 revenue vs. $379,281 expenses in 2023).
- Zero officer compensation reported across all filings, maximizing funds for mission.
- Steady growth in assets from $318,478 in 2014 to $641,098 in 2023, demonstrating strong financial management.
- Absence of liabilities in recent years (2023, 2022, 2021), indicating a healthy balance sheet.
- High spending efficiency with a strong focus on programmatic activities.
Frequently Asked Questions about The Lab School
Is The Lab School a legitimate charity?
Based on AI analysis of IRS 990 filings, The Lab School (EIN: 200170771) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does The Lab School spend its money?
The Lab School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Lab School tax-deductible?
The Lab School is registered as a tax-exempt nonprofit (EIN: 200170771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Lab School's spending goes to programs?
The Lab School directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Lab School compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Lab School is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Lab School located?
The Lab School is headquartered in Kirkwood, Missouri and files with the IRS under EIN 200170771. It is classified under NTEE code B21.
How many years of IRS 990 filings does The Lab School have?
The Lab School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $419K in total revenue.
Is The Lab School a good charity?
Based on the available IRS 990 data, The Lab School appears to be a very good charity. It consistently maintains a positive net income, has zero officer compensation, and has steadily grown its assets, indicating strong financial health and efficient use of funds.
How has The Lab School's financial health changed over time?
The Lab School has shown consistent financial growth and stability. Its assets have nearly doubled from $318,478 in 2014 to $641,098 in 2023, and it has maintained positive net income in most years, with no reported liabilities in recent periods.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, meaning its officers do not receive salaries from the organization. This is a highly efficient and transparent approach to leadership compensation.
Filing History
IRS 990 filing history for The Lab School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Lab School's revenue has grown by 34.3%, moving from $287K to $385K. Total assets increased by 140.7% over the same period, from $266K to $641K. Total functional expenses rose by 13.8%, from $333K to $379K. In its most recent filing year (2023), The Lab School reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $385K | $379K | $641K | $0 | — | View 990 |
| 2022 | $415K | $346K | $635K | $0 | — | View 990 |
| 2021 | $449K | $340K | $566K | $0 | — | View 990 |
| 2020 | $304K | $287K | $509K | $53K | — | View 990 |
| 2019 | $325K | $321K | $439K | $0 | — | View 990 |
| 2018 | $340K | $316K | $435K | $0 | — | View 990 |
| 2017 | $330K | $293K | $411K | $0 | — | View 990 |
| 2016 | $342K | $309K | $374K | $0 | — | View 990 |
| 2015 | $326K | $304K | $340K | $0 | — | View 990 |
| 2014 | $329K | $315K | $318K | $0 | — | View 990 |
| 2013 | $325K | $319K | $305K | $362 | — | View 990 |
| 2012 | $361K | $329K | $298K | $0 | — | View 990 |
| 2011 | $287K | $333K | $266K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $385K, expenses of $379K, and assets of $641K (revenue -7.3% year-over-year).
- 2022: Revenue of $415K, expenses of $346K, and assets of $635K (revenue -7.5% year-over-year).
- 2021: Revenue of $449K, expenses of $340K, and assets of $566K (revenue +47.7% year-over-year).
- 2020: Revenue of $304K, expenses of $287K, and assets of $509K (revenue -6.6% year-over-year).
- 2019: Revenue of $325K, expenses of $321K, and assets of $439K (revenue -4.2% year-over-year).
- 2018: Revenue of $340K, expenses of $316K, and assets of $435K (revenue +2.9% year-over-year).
- 2017: Revenue of $330K, expenses of $293K, and assets of $411K (revenue -3.5% year-over-year).
- 2016: Revenue of $342K, expenses of $309K, and assets of $374K (revenue +4.8% year-over-year).
- 2015: Revenue of $326K, expenses of $304K, and assets of $340K (revenue -0.8% year-over-year).
- 2014: Revenue of $329K, expenses of $315K, and assets of $318K (revenue +1.3% year-over-year).
- 2013: Revenue of $325K, expenses of $319K, and assets of $305K (revenue -10.0% year-over-year).
- 2012: Revenue of $361K, expenses of $329K, and assets of $298K (revenue +25.8% year-over-year).
- 2011: Revenue of $287K, expenses of $333K, and assets of $266K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Lab School:
Data Sources and Methodology
This transparency report for The Lab School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.