Station 1 Laboratory is a 501(c)(3) organization based in Lawrence, Massachusetts, registered in 2016, with $250,809 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$251K
▲ 36.4% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$106K
Net assets
$323K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Station 1 Laboratory— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Station 1 Laboratory: 37 mo reserves · +58% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Station 1 Laboratory— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Station 1 Laboratory: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $542K (FY2021) to $251K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
57.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$333K
Total liabilities
$9,552
Net assets
$323K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $250,809▲36.4% | $105,522▼75.4% | $323,156▲101% | $332,708▲95.4% | 990 |
| 2023 | $183,864▼63.4% | $429,632▲29.0% | $160,600▼60.5% | $170,267▼60.4% | 990 |
| 2022 | $502,785▼7.2% | $333,060▲9.1% | $406,368▲71.7% | $429,924▲77.7% | 990 |
| 2021 | $541,890 | $305,247 | $236,643 | $241,896 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Station 1 Laboratory totaling $414K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ecmc Foundation | College success | 2021 | $400,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $13,500 |
Explore more
Data for Station 1 Laboratory (EIN 81-3784803) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.