KURA LABS INC

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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

2019

Legal Domicile

Principal Officer

SHELDON GILBERT

Phone

6463227703

Tax Period

2024-01-01 to 2024-12-31

KURA LABS INC, founded in 2019, is a small nonprofit in the Education sector that reported $322K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 354% operating deficit.

Mission

A FREE TRAINING AND JOB PLACEMENT ACADEMY FOR INFRASTRUCTURE COMPUTING, DEVOPS, AND SRE FOR STUDENTS FROM UNDESERVED COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $1,198,570 Revenue: $30,000

KURA LABS PROVIDES A FREE TRAINING AND JOB PLACEMENT ACADEMY FOR CAREERS IN INFRASTRUCTURE COMPUTING, DEVOPS, SRE, AND CLOUDOPS FOR INDIVIDUALS FROM UNDERSERVED COMMUNITIES. IT OFFERS ADVANCED...

KURA LABS PROVIDES A FREE TRAINING AND JOB PLACEMENT ACADEMY FOR CAREERS IN INFRASTRUCTURE COMPUTING, DEVOPS, SRE, AND CLOUDOPS FOR INDIVIDUALS FROM UNDERSERVED COMMUNITIES. IT OFFERS ADVANCED, HIGHLY INTERACTIVE, FUNCTIONAL TRAINING WITH EXPERT INSTRUCTORS WITH EXTENSIVE INDUSTRY EXPERIENCE. STUDENTS ARE PLACED IN CROSS-FUNCTIONAL TEAMS AND RECEIVE ONLINE INSTRUCTION IN SIMULATED WORKFORCE ENVIRONMENTS. LEADING INSTRUCTORS, INCLUDING SENIOR ENGINEERS AT VARIOUS EMPLOYER PARTNERS AND RENOWNED TECHNOLOGISTS, TRAIN STUDENTS IN THE BASICS (PYTHON, LINUX, SERVER CONFIGURATION, VIRTUALIZATION, AND NETWORKING), STATE-OF-THE-ART OPENSOURCE SOFTWARE (JENKINS, ANSIBLE, NAGIOS), AND MORE ADVANCED TECHNOLOGIES SUCH AS CONTAINERIZATION WITH DOCKER; INFRASTRUCTURE AS CODE WITH TERRAFORM; AND DEPLOYMENT OF DECENTRALIZED APPS ON THE BLOCKCHAIN. THROUGHOUT THE COURSE, STUDENTS GAIN EXTENSIVE EXPERIENCE IN AMAZON WEB SERVICES (AWS) AND DEVELOP COMPETENCY IN CLOUD FUNDAMENTALS THAT TRANSLATE TO ALL PROVIDERS, INCLUDING GOOGLE CLOUD AND MICROSOFT AZURE. THE ACADEMY IS A 6-MONTH PROGRAM (JULY - DECEMBER) THAT RUNS TUESDAY THROUGH THURSDAY EVENINGS & ALL-DAY SATURDAYS. KURA LABS WAS RECENTLY NAMED A NATIONAL TRAINING PARTNER OF GOOGLE CLOUD.

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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 $291,500

Program Service Revenue $30,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $321,500

Expense Breakdown

Grants Paid $4,454

Salaries & Benefits $952,013

Fundraising Expenses $48,636

Program Expenses $1,198,570

Other Expenses $495,386

TOTAL EXPENSES $1,459,853

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,500	$2,080,123	-0.8%
Expenses	$1,459,853	$929,050	+0.6%
Net Income	$-1,138,353	$1,151,073	-2.0%

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

N/A

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

$254,167

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELDON GILBERT	FOUNDER & CE	40.00	Officer	$254,167	$0	$254,167
LEWIS PINE	CFO	10.00	Officer	$0	$0	$0
JARNICKAE WILSON	BOARD MEMBER	1.00	Director	$0	$0	$0

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
2024	$321,500	$1,459,853	$379,681	$-1,138,353
2023	$2,080,123	$929,050	$1,492,575	$1,151,073
2022	$694,364	$555,141	$279,657	$139,223
2021	$359,028	$340,701	$137,148	$18,327
2020	$263,250	$163,396	$99,854	$99,854