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Life Changing Labs Foundation

Foundation · Grantmaker Ithaca, NY EIN: 47-5673329 Website

Life Changing Labs Foundation is a nonprofit organization focused on Education, based in Ithaca, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets.

Key facts about Life Changing Labs Foundation

EIN
47-5673329
Latest 990 filing
Form 990 filing, 2024
Total assets
$1,752

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$2K

-96.1% YoY

Revenue

$49K

-17.6% YoY

Net Investment Income

—

Expenses

$91K

+126.1% YoY

How Life Changing Labs Foundation gives

  • In 2022 it paid out 346% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Ithaca

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K6 grants20204 grants20214 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K20202021202220232024
Metric202420232022
Total Assets$1,752$44,935$26,062
Revenue$48,758$59,202$50,792
Expenses$91,195$40,329$59,191
Qualifying Distributions——$6,352
Net Investment Income——$4
Distributable Amount——$1,834

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Life Changing Labs Foundation is led by Jean Turban, Executive Director on every filing since 2023; 1 of 5 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Jean Turban

    Executive Director

    On filings since 2023

    1 hr/week

    $8K (2023) → $0 (2024)

  • Jong Won Kim

    Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sang Won Yoon

    Secretary

    Board Member → Secretary, 2023

    On filings since 2022

    0.5 hrs/week

    $45K (2024)

  • Pam Silverstein

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Johnson

    Board Member

    Treasurer → Board Member, 2023

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Former officers (4)
  • Former: Hai Jung Kim (2022) — President
  • Former: Michael Raspuzzi (2020–2021) — President
  • Former: Timothy Zhu (2020–2021) — Board Member
  • Former: William Larkin (2020–2021) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Sang Won Yoon — Secretary: $45KSang Won YoonSecretary$45K

Frequently asked questions about Life Changing Labs Foundation

How large is Life Changing Labs Foundation?

Life Changing Labs Foundation reported $2K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $49K.

What is Life Changing Labs Foundation?

Life Changing Labs Foundation is a nonprofit organization focused on Education, based in Ithaca, NY. It holds $2K in total assets as of 2024.

Where does Life Changing Labs Foundation operate?

Life Changing Labs Foundation has awarded grants in New York.

What is Life Changing Labs Foundation's EIN?

Life Changing Labs Foundation's EIN (Employer Identification Number) is 47-5673329. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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