THE LEAN LAB INC LEAN LAB EDUCATION (EIN 471489862) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

CATHERINE BOODY

Phone

9136365918

Tax Period

2024-07-01 to 2025-06-30

THE LEAN LAB INC LEAN LAB EDUCATION, founded in 2014, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 170% from the prior year, signaling strong growth momentum.

Mission

THE LEAN LAB IS A KANSAS CITY -BASED COMMUNITY THAT LAUNCHES TRANSFORMATIONAL EDUCATION INNOVATIONS THAT HAVE NATIONAL IMPACT. THE LEAN LAB CATALYZES, SUPPORTS, AND DEVELOPS EDUCATION INNOVATORS WHO BUILD TRANSFORMATIONAL EDUCATION SOLUTIONS IN THE FORM OF TECHNOLOGIES, SERVICES, AND NEW SCHOOL MODELS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,144,758

Program Service Revenue $1,269,793

Investment Income $810

Other Revenue $608

TOTAL REVENUE $2,415,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,735,823

Fundraising Expenses $119,475

Program Expenses $1,533,546

Other Expenses $743,221

TOTAL EXPENSES $2,479,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,415,969	$895,665	+1.7%
Expenses	$2,479,044	$1,113,820	+1.2%
Net Income	$-63,075	$-218,155	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$181,793

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MALVIKA BHAGWAT	CHAIR OF PROGRAM COMMITTEE	0.50	Director	$0	$0	$0
KIRSTEN BROWN PERSLEY	DIRECTOR	0.50	Director	$0	$0	$0
BROR SAXBERG	DIRECTOR	0.50	Director	$0	$0	$0
SEAN TALAMAS	PRESIDENT/CHAIRMAN	2.00	Officer	$0	$0	$0
BRANDI SPATES	VICE PRESIDENT	1.00	Officer	$0	$0	$0
ROBERTO QUINTANILLA	TREASURER	1.00	Officer	$0	$0	$0
EDITH GUMMER	SECRETARY	1.00	Officer	$0	$0	$0
CATHERINE BOODY	EXECUTIVE DIRECTOR	40.00	Key Emp	$162,504	$19,289	$181,793

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,415,969	$2,479,044	$1,116,262	$-63,075
2024	$895,665	$1,113,820	$445,873	$-218,155
2023	$1,495,587	$1,535,157	$634,172	$-39,570
2022	$718,019	$1,493,589	$647,443	$-775,570
2021	$1,167,205	$1,255,953	$1,436,888	$-88,748
2020	$1,596,761	$1,064,213	$1,431,648	$532,548
2019	$1,126,002	$633,486	$832,174	$492,516
2018	$649,242	$528,720	$323,187	$120,522

THE LEAN LAB INC LEAN LAB EDUCATION