Five One Labs Inc. Logo

MIP Score

63

Community Building
Business Leagues

Five One Labs Inc.

Mission

Five One Labs is an international startup incubator that helps talented entrepreneurs from diverse communities launch their startups. Through our innovative multi-lingual programming, we provide intensive training, mentorship, funding, and advisory support to scalable startups looking to launch or grow their businesses.

Basic Information

Tax-Exempt

Address

313 Furches St, Raleigh, North Carolina, 27607

View all Raleigh charities

Founded in

2017

EIN

82-1623382

Total Assets

$332.1 thousand

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Supporting Women Entrepreneurs

Supporting Women Entrepreneurs

Five One Labs is committed to providing resources and support tailored for women entrepreneurs.

Success Stories

Success Stories

Explore the impactful success stories of startup founders who have thrived with our support.

Celebrating Startups

Celebrating Startups

Join us for events that showcase the innovative solutions developed by our startup cohort.

Impact Stats

130

Number of Startups

Startups Completed Incubator Program

Number of startups that have successfully completed our intensive incubator program.

$840,000

Seed Funding Amount

Seed Funding Awarded

Total amount of seed funding awarded to founders through Five One Labs.

48%

Female Participation Percentage

Female Participation in Programs

Percentage of female entrepreneurs participating in Five One Labs' programs.

46

Number of Mentors

Mentors in Network

Number of volunteer mentors and experts available globally in our network.

Past Events

The Future of Work

2023-04-20

Panel discussion on 'The Future of Work' examining the impact of technology in the startup ecosystem.

Global Entrepreneurship Week

2022-11-14

Annual celebration of Global Entrepreneurship Week with various workshops across multiple universities.

Basra Startup Bazaar

2022-11-10

Showcasing local startups at the Basra Startup Bazaar event.

Upcoming Events

Webinar: Entrepreneurs' Guide to Work-Life Balance

Webinar: Entrepreneurs' Guide to Work-Life Balance

2023-09-06

Join us for a detailed dive into practical strategies, real-life insights, and expert tips for maintaining harmony between work and life.

Learn More
Feed Your Mind Series: Unlocking Digital Marketing Success

Feed Your Mind Series: Unlocking Digital Marketing Success

2023-10-03

Dive deep into digital marketing strategies to drive business growth and reach your target audience effectively.

Startup Demo Day

Startup Demo Day

2023-12-15

Celebrating the hard work of participants in the incubator program and showcasing their startups.

Learn More

Our Programs

Incubator Program

Incubator Program

An intensive, full-time, three-month program training innovative early-stage entrepreneurs to turn their business ideas into a reality.

Learn More
Female Founders Fellowship

Female Founders Fellowship

A tailored program to empower women entrepreneurs with the resources and networks they need to succeed.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

63

52

/100

Program Expense Ratio

67.73%

6

/20

Program Revenue Growth

70.93%

20

/20

Leverage Ratio

0.04904

20

/20

Working Capital Ratio

0.2382

4

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.27M98.88%
Program Services14.36K1.12%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.284M100.00%