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Nonprofit · EIN 26-4178652

LABFOUR CAREER TRAINING INSTITUTE

Tax-exempt · MEMPHIS, TN 38119

Financials

$1.4M$1.9M2023
Revenue Expenses · by fiscal year end
Financials of LABFOUR CAREER TRAINING INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$1,411,726$1,882,401-$470,675$2,306,278$541,134$1,765,144
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,411,726
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$199,108
Other salaries and wages
$575,901
Salaries, compensation and benefits (total)
$775,009
Professional fundraising fees
$0
Occupancy
$265,551
Travel
$51,521
Depreciation
$218,629
Program services (functional)
$950,505
Management and general (functional)
$931,896

Balance sheet and other

Total assets, start of year
$2,318,152
Total assets, end of year
$2,306,278
Total liabilities, end of year
$541,134
Net assets, end of year
$1,765,144
Land, buildings and equipment
$1,118,763
Net assets without donor restrictions
$1,765,144
Gross receipts
$1,411,726
Employees
19

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
TONY OKHIRAPRESIDENT
Trustee or director, Officer
40$157,846
STEPHNIE OKHIRDIRECTOR
Trustee or director
40$41,262

Address and contacts

Address (IRS master file)
1255 LYNNFIELD RD STE 160, MEMPHIS, TN 38119-5187
Principal officer (990 for 2023)
TONY OKHIRA, 1255 LYNNFIELD RD, MEMPHIS, TN 38119
Signed the 990
TONY OKHIRA, PRESIDENT
Return prepared by
JAMES E POWERS

Mission

LABFOUR mission is to become a key workforce develp partner in 3 ways by providing the best possible tech training to help business become m more successful by providing the skills and credentials for in

990 for the year ended December 31, 2023

Program accomplishments

  • EDUCATIONAL SERVICES
    Expenses $1,882,401 · revenue $1,411,726

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-4178652
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J22)
Assets (IRS master file)
$2,306,278
Income (IRS master file)
$1,411,726

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$1,411,726$1,882,401$2,306,278XML
990December 2022$2,711,471$3,350,457$2,318,152IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4178652).

Questions about LABFOUR CAREER TRAINING INSTITUTE

What is the EIN of LABFOUR CAREER TRAINING INSTITUTE?
The employer identification number (EIN) of LABFOUR CAREER TRAINING INSTITUTE is 26-4178652.
Is LABFOUR CAREER TRAINING INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to LABFOUR CAREER TRAINING INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LABFOUR CAREER TRAINING INSTITUTE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LABFOUR CAREER TRAINING INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LABFOUR CAREER TRAINING INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of LABFOUR CAREER TRAINING INSTITUTE?
The 990 for the year ended December 31, 2023 names TONY OKHIRA.
Who are the officers and directors of LABFOUR CAREER TRAINING INSTITUTE?
The 990 for the year ended December 31, 2023 lists 2 people; 2 received compensation from the organization, the highest $157,846 (TONY OKHIRA, PRESIDENT).
How much revenue does LABFOUR CAREER TRAINING INSTITUTE have?
On its 990 for the year ended December 31, 2023 it reported revenue of $1,411,726, expenses of $1,882,401 and total assets of $2,306,278 at year end.

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