LAB CENTRAL SUPPORTS CREATION OF INNOVATIVE STARTUP BIOTECHNOLOGY COMPANIES BY PROVIDING A WORLD-CLASS ENVIRONMENT FOR ENTREPRENUERS, AND A FULLY FUNCTIONAL LIFE SCIENCE LABORATORY WITHIN THE KENDALL SQUARE INNOVATION HUB.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$110.7M
+1.5% YoY
Annual Giving
$78K
Grant Count
6
Avg Grant Size
$13K
About Lab Central Inc
Based on IRS filings
Lab Central Inc is a nonprofit organization focused on Science & Technology, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110.7M in total assets. In 2024, it awarded 6 grants totaling $78K. Net investment income was $969K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $110,671,425 | $109,041,639 | $112,390,390 |
| Revenue | $27,342,387 | $24,500,358 | $22,629,616 |
| Expenses | $24,529,205 | $24,876,840 | $21,652,194 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $968,640 | $565,201 | $87,946 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Open Grants
2 open opportunities from Lab Central Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Joseph Beyen Dba Nanoplex ($13,000), Interon Laboratories Inc ($13,000), Phagepro Pbc ($13,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JOSEPH BEYEN DBA NANOPLEX HYDE PARK, MA | GRANT | $13,000 |
| INTERON LABORATORIES INC BRAINTREE, MA | GRANT | $13,000 |
| PHAGEPRO PBC MANSFIELD, MA | GRANT | $13,000 |
| COAGULO MEDICAL TECHNOLOGIES INC AUBURNDALE, MA | GRANT | $13,000 |
| NEOCLEASE INC BOSTON, MA | GRANT | $13,000 |
| LYBRA BIO ALLSTON, MA | GRANT | $13,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHANNES FRUEHAUF | PRESIDENT AND CO-FOUNDER | 26 | $323,341 |
| PETER PARKER | SECRETARY/DIRECTOR | 3 | $840 |
| JOHN HARTHORNE | DIRECTOR | 1 | — |
| STEVEN TREGAY | CHAIRMAN OF THE BOARD | 1 | — |
| JO VINEY | DIRECTOR | 1 | — |
| SUSAN WINDHAM-BANNISTER | DIRECTOR | 1 | $20,000 |
| PETER SHANLEY | CHIEF FINANCIAL OFFICER | 16 | $128,873 |
| MARGARET O'TOOLE | CHIEF OPERATING OFFICER | 40 | $346,244 |
| MIKE LARHETTE | CHIEF BUSINESS OFFICER | 36 | $311,552 |
| CELINA CHANG | VICE PRESIDENT, SCIENCE STRATEGY | 40 | $259,333 |
| BETH MCKEON | SENIOR DIRECTOR, IGNITE VC | 40 | $209,239 |
| RACHELE RYAN | SENIOR DIRECTOR, PTNRSHPS, PROGRAMMING/COMMUNITY | 40 | $185,580 |
| PETE DONOVAN | DIRECTOR, FINANCE & ACCOUNTING | 40 | $193,835 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lab Central Inc?
Lab Central Inc is a nonprofit organization focused on Science & Technology, based in CAMBRIDGE, MA. It holds $110.7M in total assets as of 2024.
How large is Lab Central Inc?
As of 2024, Lab Central Inc holds $110.7M in total assets with $27.3M in annual revenue. It awarded 6 grants totaling $78K in 2024.
Where does Lab Central Inc operate?
Lab Central Inc has awarded grants in Massachusetts.
What size grants does Lab Central Inc award?
In 2024, Lab Central Inc awarded 6 grants totaling $78K — an average of about $13K per grant, based on its IRS Form 990 filings.
What is Lab Central Inc's EIN?
Lab Central Inc's EIN (Employer Identification Number) is 46-1031913. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lab Central Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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