The Lean Lab General Information Contact Information Nonprofit The Lean Lab Address PO Box 414147 Kansas City, MO 64141 4147 Phone (913) 636-5918 Website www.theleanlab.org Facebook facebook.com/theleanlab Twitter twitter.com/theleanlab Email hello@theleanlab.org At A Glance Former Names How to donate, support, and volunteer Kansas City Urban Innovation Consortium (KCUIC) We are always looking for passionate mentors for fellows in our Lean Lab Incubator Fellowship program. Fellows enter our program with basic ideas on how to better teaching and learning in Kansas City. Through The Lean Lab's innovation process, we help them launch ventures that impact at least 500 urban public school students within 5 years. Because our ventures are all unique, we encourage experts in all walks of life to reach out for mentoring opportunities with our fellows. Whether your expertise is finance, law, entrepreneurship, marketing, etc., you can volunteer as little or as frequently as you like to increase the impact of our fellows' solutions on public education in Kansas City. The Lean Lab also greatly appreciates in-kind contributions of food for ongoing events (mentor workshops, weekend conferences for fellows to test with students, and other events), as well as services or products to our fellows that may aid in their venture development. 1
Mission & Areas Served Statements Mission Statement The Lean Lab launches innovative, excellent educational solutions. These are created by: Convening a connected community of grassroots leaders, educators and innovators. An early-stage incubator program that launches solutions that better teaching and learning. Background Statement Since launching in October of 2013, The Lean Lab has made significant traction toward building a community of education innovators and incubating new solutions that impact Kansas City students. To date, The Lean Lab has convened over 1800 educators, entrepreneurs, parents, students, school leaders, investors, and community members interested in education innovation. Furthermore, through the three Incubator Fellowship programs, education entrepreneurs have launched 20 ventures and impacted over 2500 students in Kansas City. The Vision: Innovation and entrepreneurship will transform the learning and life outcomes of all students. The Mission: We are a community that finds, trains, and funds the nation's most promising entrepreneurs to build transformational education innovations. Impact Statement In 2016 so far, The Lean Lab has celebrated 3 major accomplishments: 1. The third Incubator Fellowship placed The Lean Lab and Kansas City on the map for education innovation. We received applications from 19 states, 28 cities, and 3 countries. Furthermore, 58% of applicants were female founders, 47% of founders were people of color, and 25% of founders were women of color. 2. The 2016 Incubator Fellowship culminated in a public pitch event where three of the five teams received additional funding: PledgeCents and ClassTracks received $25,000 each as a result of the Village Capital Peer Evaluation framework; InReach received close to $1000 from the crowd-funded Community Pick Award. Through our partnerships with the City of Kansas City, KC Social Innovation Center, and Village Capital, we were able to offer capital for the first time. 3. Through happy hours, innovation workshops, pitch events, and partnerships, The Lean Lab has convened 815 community members between October 2015 and October 2016. For 2017, The Lean Lab plans to: 1. Continue convening community members (namely parents, students, teachers, school leaders, investors, and philanthropists) at events such as happy hours, living room meetings, and innovation workshops to discuss education innovation. 2. Equip the Kansas City community to find, fund, and train high-level education entrepreneurs that will help to close achievement gaps and provide transformational life and learning outcomes for all students. 3.Expand the summer Incubator Fellowship program into a longer, more community-influenced iteration. 4.Hire and expand its capacity to match the rigor of programming The Lean Lab will be executing. Needs Statement 1.In-kind print for professional development materials and fellowship materials. 2.In-kind donations for food for events. 3.In-kind donations of office supplies, printers, computers and/or cameras. 4. In-kind donations and volunteer services through mentoring and providing skill based services that would aid educational start ups (sales, marketing, design, non profit management, etc). Service Categories Educational Services Areas of Service Areas Served 2
Areas MO - Jackson County Urban Core MO - Jackson County MO MO - Liberty KS - Wyandotte County Urban Core KS - Wyandotte County 3
Programs Programs The Lean Lab Incubator Fellowship Description Category The Lean Lab Incubator Fellowship is a premiere startup incubator program for education innovations where entrepreneurs partner with community members (those most impacted by problems in education) to build human-centered, effective solutions / products. The Lean Lab equips education entrepreneurs with networks, mentors, tools, and resources to help them build more human-centered ventures that impact more students. Fellows in the summer of 2016 participated in a 4.5 week residency program, a 6 week sprint, and a final 3 day workshop where they analyzed the financials, team structure, scale and impact, and business models of their companies. The Fellowship culminates in a Launch[ED] Day celebration, where this year two of the five teams were awarded an additional $25,000, and one of the five teams was awarded the Community Pick Award of close to $1000. Education, General/Other Educational Delivery Population Served General/Unspecified,, Short-Term Success Long- Term Success Program Success Monitored By Examples of Program Success By the end of the Incubator Fellowship, entrepreneurs will have secured partnerships with public and charter schools in the Kansas City area. Entrepreneurs will then be able to test their products with parents, teachers, students, and school system leaders and use the consequent data to inform future iterations. The Incubator Fellowship attracted talented entrepreneurs across the country, putting both The Lean Lab and Kansas City on the map. The five participating startups have developed partnerships with schools, teachers, parents, and students in Kansas City. Furthermore, entrepreneurs who go through the Incubator Fellowship will learn how best to develop a sustainable revenue strategy to support the scale and impact of their ventures, aiming to impact all 70,000 KCMO students and close achievement gaps. The Lean Lab highly values human-centered design and relies on feedback from all players in the innovation process: entrepreneurs, mentors, parents, teachers, students, investors, etc. Survey data and outcomes are routinely collected by the Lean Lab staff the Board of Directors and analyzed before future programming is created. Since The Lean Lab's inaugural Incubator Fellowship in 2014, 20 ventures have been launched, impacting over 2500 students in the Kansas City area. During the 2016 Incubator Fellowship, all five participating teams left with a strategic plan moving forward, 4/5 had secured partnerships in Kansas City, and 4/5 had MVPs able to be tested in classrooms. 4
Community Building Events Description Category Core to The Lean Lab's values is a diverse community that convenes around education innovation. That community includes parents, teachers, students, school leaders, investors, philanthropists, and entrepreneurs. As such, The Lean Lab hosts a variety of events, such as happy hours, living room meetings, and relationship meetings, to bring people together to talk about innovation and what that could look like in Kansas City classrooms. Education, General/Other Educational Delivery Population Served General/Unspecified,, Short-Term Success Long- Term Success Program Success Monitored By The short-term goal for The Lean Lab's convening events is to get people talking about and understanding what innovation in education looks like. Furthermore, the goal is that Kansas City community members leave Lean Lab events feeling inspired to take action by partnering with entrepreneurs or building their own solutions. The Lean Lab envisions a community that understands and utilizes innovation to solve the problems they face in education. By building a group of diverse thinkers and problem-solvers, The Lean Lab cultivates the conditions for community-influenced innovation to thrive via entrepreneurship. Every convening event has a sign-in process that collects attendance data. The Lean Lab staff transfers this data into a collective funnel that is a living, breathing document reflective of our current community. Following larger events, like innovation workshops or pitch events, The Lean Lab sends a follow-up survey 24-48 hours after the event to garner feedback from attendees. Examples of Program Success From October 2015 to October 2016, The Lean Lab has convened 815 community members through one-on-one relational meetings, happy hours, innovation workshops, and pitch events. 5
Leadership & Staff Executive Director/CEO Executive Director Katie Boody Term Start Oct 2013 Email Katie@theleanlab.org Experience Katie Boody has worked in public education in KCMO for the last eight years. She taught middle school at C.A. Franklin and Alta Vista Charter School, and was an instructional coach at Alta Vista. She holds an Education Specialist degree in Education Leadership, a Masters in Middle School Language Arts from Rockhurst University and a Bachelor of Arts degree in English Literature from Western Washington University. Katie has been recognized as part of Techweek Kansas City's Techweek 100 in 2015, one of 31 Entrepreneurs to watch in Kansas City by Compute Midwest, and is currently the Chair of the Board of Directors for Kansas City Teacher Residency. Senior Staff Aditya Voleti Title Managing Director of Community and Partnerships Staff Paid Full-Time Staff 2 Paid Part- Time Staff 0 Volunteers 60 Retention Rate 100% Paid Contractors 8 Formal Evaluations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Senior Management Formal Evaluation Frequency Annually Annually Plans & Policies Organization Has a Fundraising Plan Organization Has a Strategic Plan Management Succession Plan Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Under Development 6
Document Destruction Policy No Collaborations The Lean Lab believes in deeply collaborative communities, and thus, has partnered with the following local Kansas City organizations: 1.Sprint Accelerator 2.Alta Vista Charter Schools 3.KC Social Innovation Center 4.Village Capital 5.4.0 Schools 6.Mozilla Gigabit Government Licenses Is your organization licensed by the government? No 7
Board & Governance Board Chair Board Chair Kinsey Kudrna Company Affiliation Teach For America Term Apr 2014 to Apr 2017 Board Members Name Carlos Antequera Alan Fairless Kinsey Kudrna Carrie Markel Michael McShane Margo Quiriconi Christopher Stewart Affiliation Teach for America Q Works, LLC Seigfreid Bingham Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 6 Hispanic/Latino 1 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 4 Female 3 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 Board Meeting Attendance % 0% Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions 90% Percentage Making In-Kind Contributions 100% 8
Number of Full Board Meetings Annually 12 9
Financials Fiscal Year Fiscal Year Start Jan 01, 2016 Fiscal Year End Dec 31, 2016 Projected Revenue $425,000.00 Projected Expenses $400,000.00 Endowment Value $0.00 Percentage 0% Detailed Financials Revenue and Expenses Total Revenue $111,101 $13,320 -- Total Expenses $47,785 $12,220 -- Revenue Sources Foundation and Corporation $111,101 $12,020 -- Contributions Government Contributions $0 $0 $0 Federal $0 $0 State $0 $0 Local $0 $0 Unspecified $0 $0 Individual Contributions $0 $1,300 -- Indirect Public Support $0 $0 -- Earned Revenue $0 $0 -- Investment Income, Net of Losses $0 $0 -- Membership Dues $0 $0 -- Special Events $0 $0 -- Revenue In-Kind $0 $0 -- Other $0 $0 -- 10
Expense Allocation Program Expense $25,197 $11,487 -- Administration Expense $22,588 $733 -- Fundraising Expense $0 $0 -- Payments to Affiliates $0 $0 -- Total Revenue/Total Expenses 2.33 1.09 -- Program Expense/Total Expenses 53% 94% -- Fundraising Expense/Contributed Revenue 0% 0% -- Assets and Liabilities Total Assets $72,815 $1,100 -- Current Assets $72,815 $1,100 -- Long-Term Liabilities $0 $0 -- Current Liabilities $0 $0 -- Total Net Assets $72,815 $1,100 -- Short Term Solvency Current Ratio: Current Assets/Current Liabilities -- -- -- Long Term Solvency Long-Term Liabilities/Total Assets 0% 0% -- Top Funding Sources Top Funding Source & Dollar Amount Sprint Accelerator $100,500 -- -- Second Highest Funding Source & Dollar Ewing Marion -- -- Amount Kauffman Foundation $75,000 Third Highest Funding Source & Dollar Amount Skillbuilders $3,000 -- -- Capital Campaign Currently in a Capital Campaign? No Goal $0.00 Organization Comments The Lean Lab has secured the consulting services of e2e, led by Nancy McCullough, former CFO of the Ewing Marion Kauffman Foundation. e2e is providing all business and financial management services, including accounting and financial projections to The Lean Lab. Foundation Comments FY 2015: Financial data reported using the IRS Form 990. FY 2014: (For 1/1/2014 through 7/31/2014) Financial data reported using Internal Financials. Foundation/corporate revenue line item may include contributions from individuals. Created 01.31.2018. Copyright 2018 Greater Kansas City Community Foundation 11