Logo

Employer Identification Number 83-0638683

YarnLabs Inc is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:YarnLabs Inc
Employer identification number (EIN):83-0638683
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:541214
NAIC Description:Payroll Services
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementYarnLabs is a fiscal sponsor that aims to provide a range of strategic and administrative guidance and counsel, particularly for academic projects looking to scale their work.
Number of Employees11
Number of Volunteers5
Year Formed2018

Organization Governance

Legal DomicileMA
Voting Members - Governing Body4
Voting Members - Independent4

Organization Financials

2021-12-31
Gross receipts from all sourcesUSD $ 136
Net assets / fund balances at end of fiscal yearUSD $ 203,297
Net assets / fund balances at beginning of fiscal yearUSD $ 227,153
Contributions, Grants, Gifts etc from current yearUSD $ 136
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 136
Fees and other payments to independent contractorsUSD $ 23,000
Total of all other expensesUSD $ 992
Total of all expensesUSD $ 23,992
Net assets or fund balances at end of yearUSD $ -23,856
2020-12-31
Gross receipts from all sourcesUSD $ 190,803
Net assets / fund balances at end of fiscal yearUSD $ 227,153
Net assets / fund balances at beginning of fiscal yearUSD $ 1,769,871
Contributions, Grants, Gifts etc from current yearUSD $ 146,730
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 190,803
Grants and similar amounts paidUSD $ 160,000
Employees salaries and other compensation and benefitsUSD $ 805,160
Fees and other payments to independent contractorsUSD $ 493,156
Total of all other expensesUSD $ 96,633
Total of all expensesUSD $ 1,694,228
Net assets or fund balances at end of yearUSD $ -1,503,425
Total of other revenueUSD $ 3,929
Rent, utilities and maintenance costsUSD $ 139,108
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 10,674
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 314,187
Gross receipts from all sourcesUSD $ 2,663,011
Net assets / fund balances at end of fiscal yearUSD $ 1,769,871
Net assets / fund balances at beginning of fiscal yearUSD $ 1,000,150
Total liabilities at end of fiscal yearUSD $ 58,649
Total assets at end of fiscal yearUSD $ 1,828,520
Total assets at beginning of fiscal yearUSD $ 1,000,150
Revenues less expenses for current yearUSD $ 769,721
Revenues less expenses for previous yearUSD $ 1,000,150
Total expenses for current yearUSD $ 1,893,290
Other expenses in current yearUSD $ 811,870
Total fundraising expenses in current yearUSD $ 214,036
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 614,088
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 467,332
Total revenue in current fiscal yearUSD $ 2,663,011
Total revenue in previous fiscal yearUSD $ 1,000,150
Contributions and grants from current yearUSD $ 2,338,150
Contributions and grants from previous yearUSD $ 1,000,150
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 830638683

USA Mailing Address
245 Main Street Floor 2
Cambridge
MA
02142
Date first seen: 2008-01-01
Date last seen: 2025-12-31
USA Location Address
255 MAIN ST.
CAMBRIDGE
MA
02142
Date first seen: 2008-01-01
Date last seen: 2025-12-31
USA Mailing Address
15 Walnut Street 150
Wellesley
MA
02481
Date first seen: 2007-01-01
Date last seen: 2025-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup