Civic Intelligence

Upstart Bay Area

990 • Fiscal year 2017 • EIN 26-3094076

Jul 01, 2016 to Jun 30, 2017 • Filed on May 07, 2018

1111 Broadway 3rd FloorOakland, CA 94607

(415) 536-5918

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.04x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$233,299

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

93rd percentile

64%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

334%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,333,690

Up $914,355 (+64%) from 2016

Net Assets

Up

$2,212,761

Up $844,289 (+62%) from 2016

Liabilities

Up

$120,929

Up $70,066 (+138%) from 2016

Revenue

Up

$3,414,508

Up $2,626,959 (+334%) from 2016

Expenses

Up

$2,570,219

Up $904,095 (+54%) from 2016

Net Income

Up

$844,289

Up $1,722,864 (+196%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $321,703Liabilities 2011: $15,007Net Assets 2011: $306,6962011Assets 2012: $360,840Liabilities 2012: $16,042Net Assets 2012: $344,7982012Assets 2013: $481,440Liabilities 2013: $25,938Net Assets 2013: $455,5022013Assets 2014: $619,317Liabilities 2014: $42,752Net Assets 2014: $576,5652014Assets 2015: $2,309,753Liabilities 2015: $62,706Net Assets 2015: $2,247,0472015Assets 2016: $1,419,335Liabilities 2016: $50,863Net Assets 2016: $1,368,4722016Assets 2017: $2,333,690Liabilities 2017: $120,929Net Assets 2017: $2,212,7612017Assets 2018: $1,614,468Liabilities 2018: $161,189Net Assets 2018: $1,453,2792018Assets 2019: $2,123,454Liabilities 2019: $208,663Net Assets 2019: $1,914,7912019Assets 2020: $2,044,138Liabilities 2020: $751,922Net Assets 2020: $1,292,2162020Assets 2021: $3,262,664Liabilities 2021: $964,549Net Assets 2021: $2,298,1152021Assets 2022: $5,268,133Liabilities 2022: $322,624Net Assets 2022: $4,945,5092022Assets 2023: $3,750,262Liabilities 2023: $248,272Net Assets 2023: $3,501,9902023Assets 2024: $1,355,629Liabilities 2024: $583,287Net Assets 2024: $772,3422024

Highlighted filing

2017

Assets$2,333,690
Liabilities$120,929
Net Assets$2,212,761

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $653,9432011Expenses 2012: $1,018,2122012Expenses 2013: $1,088,9172013Revenue 2014: $1,322,986Expenses 2014: $1,201,923Net Income 2014: $121,0632014Revenue 2015: $2,893,555Expenses 2015: $1,215,138Net Income 2015: $1,678,4172015Revenue 2016: $787,549Expenses 2016: $1,666,124Net Income 2016: -$878,5752016Revenue 2017: $3,414,508Expenses 2017: $2,570,219Net Income 2017: $844,2892017Revenue 2018: $2,985,223Expenses 2018: $3,744,705Net Income 2018: -$759,4822018Revenue 2019: $6,475,497Expenses 2019: $6,013,985Net Income 2019: $461,5122019Revenue 2020: $6,490,768Expenses 2020: $7,113,343Net Income 2020: -$622,5752020Revenue 2021: $6,387,953Expenses 2021: $5,382,054Net Income 2021: $1,005,8992021Revenue 2022: $7,572,356Expenses 2022: $4,924,962Net Income 2022: $2,647,3942022Revenue 2023: $4,632,384Expenses 2023: $6,075,903Net Income 2023: -$1,443,5192023Revenue 2024: $4,096,349Expenses 2024: $6,825,997Net Income 2024: -$2,729,6482024

Highlighted filing

2017

Revenue$3,414,508
Expenses$2,570,219
Net Income$844,289
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 7, 2018
Return Version
2016v3.0
Gross Receipts
$3,414,508
Mission and Program Overview

Mission

To inspire and advance innovative ideas that contribute to the continued growth and vitality of jewish life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$177,064$1,038,546▲ $861,482
Pledges and Grants Receivable$441,500$937,825▲ $496,325
Savings and Temporary Cash Investments$750,627$316,442▼ $434,185
Prepaid Expenses and Deferred Charges$24,349$24,165▼ $184
Accounts Receivable$25,648$16,712▼ $8,936
Land, Buildings, and Equipment, Net$147$0▼ $147
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,419,335$2,333,690▲ $914,355
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$50,863$90,929▲ $40,066
Deferred Revenue-$30,000-
Total Liabilities$50,863$120,929▲ $70,066
Net Assets / Fund Balance
Temporarily Rstr Net Assets$792,082$1,593,301▲ $801,219
Unrestricted Net Assets$576,390$619,460▲ $43,070
Total Net Assets Fund Balance$1,368,472$2,212,761▲ $844,289
Total Liabilities and Net Assets / Fund Balance$1,419,335$2,333,690▲ $914,355

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$6,991-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aaron KatlerCEOFT$223,890$9,409$233,299
Linda GerardChief Prog OfficerPT$119,167$8,440$127,607
Revenue and Support

Revenue Composition

Contributions and Grants
$2,940,775
Program Service Revenue
$473,402
Investment Income
$331
Other Revenue
$0
All Other Contributions
$2,940,775
Change in Net Assets
$844,289

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,414,508
Total Revenue per Audited Statements
$3,414,508
Total Revenue per Form 990
$3,414,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,223,069
Other Expenses$1,118,255
Total Fundraising Expense$490,281
Grants and Similar Amounts Paid$228,895
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$601,659$128,085$85,126$814,870
Current Officers, Directors, Trustees, and Key Employees$88,856$31,301$122,176$242,333
Grants to Domestic Orgs$221,395--$221,395
Fees for Services Other$19,717$21,379$129,338$170,434
Travel$118,528$20,837$2,376$141,741
Occupancy$55,198$84,698$42$139,938
Fees for Services Accounting$36,496$86,147-$122,643
Conferences and Meetings$99,338$7,086$5,735$112,159
Other Employee Benefits$53,507$18,267$16,064$87,838
Fees for Services Legal$73,438$2,372$2,500$78,310
Payroll Taxes$50,964$11,764$15,300$78,028
Office Expenses$8,655$45,672$4,880$59,207
Insurance-$7,624-$7,624
Foreign Grants$7,500--$7,500
Other Expenses$471$1,310$460$2,241
Depreciation Depletion-$147-$147
All Other Expenses$185,464$-261,377$75,913$0
Total Functional Expenses$1,856,039$223,899$490,281$2,570,219

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,570,219
Total Expenses per Audited Statements$2,570,219
Total Expenses per Form 990$2,570,219
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Presentense Group IncNew York, NY501(c)(3)Colorado Teen Program$111,395
Jewish Federation of PortlandPortland, OR501(c)(3)Comm. Hackathon$7,500
The TarbutonEncinitas, CA501(c)(3)Comm. Hackathon$7,500

International Summary

Spending
$7,500

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaGrants-00$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

Change in by-laws to set board membership at a maximum of eighteen.

Form 990, Part VI, Line 11B: Form 990 Review Process

The organization's ceo is responsible for the timely preparation of the form 990. The organization's ceo may confer with accountants and legal counsel of the organization with respect to drafts of the form 990.copies of the completed form 990 (including required schedules) will also be reviewed by the finance committee prior to filing, and distributed to the board.any questions or concerns will be noted and addressed, and the ceo shall ensure that any appropriate changes are incorporated into the form 990, which then shall be signed by the ceo or other authorized officer of the organization.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict disclosure statements are renewed at the annual meeting.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Analysis of compensation of key employees, including the executive director/ceo, other officers, and highly compensated employees required on at least a biennial basis. Salaries shall be compared to similar positions at equivalent organizations based on the region where the employee is located. Based on the analysis, the board shall conclude on whether each key employee's compensation is appropriate. Such analysis shall be documented and filed in the corporation's records.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Analysis of compensation of key employees, including the executive director/ceo, other officers, and highly compensated employees required on at least a biennial basis. Salaries shall be compared to similar positions at equivalent organizations based on the region where the employee is located. Based on the analysis, the board shall conclude on whether each key employee's compensation is appropriate. Such analysis shall be documented and filed in the corporation's records.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available for public disclosure at the principal place ofbusiness. Financial statements and the conflict of interest policy are availableupon request.

Filing and Contact Details

Filer

Filer Name
Upstart Bay Area
EIN
26-3094076
Phone
4155365918
Address
1111 BROADWAY 3RD FLOOR, OAKLAND, CA 94607

Signing Officer

Name
Aaron Katler
Title
CEO
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Katler
Formed
2008
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
12
Volunteers
13

Preparer

Firm
Doran & Associates
Address
55 MITCHELL BOULEVARD STE 3, SAN RAFAEL, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: ACCELERATORS & COMMUNITY PROGRAMS - TO BUILD THE CAPACITY OF ESTABLISHED JEWISH ORGANIZATIONS TO CONCEIVE OF AND INTEGRATE INNOVATIVE IDEAS INTO THEIR WORK. OTHER PROGRAM SERVICES 5: COLORADO TEEN PROGRAM: PresenTense Colorado (a program of UpStart) enables Jewish teens in Greater Denver and Boulder to create a social entrepreneurship project to tackle a communal challenge. Through our Fellowship, teens are trained in Design Thinking and receive mentorship to bring their ideas to life. This cohort-based leadership development experience ignites creativity, community, and confidence in local Jewish teens.

Merger

In november 2016, upstart agreed to merge with two new york-based non-profit organizations, both of which have similar missions - to serve as the central resource for jewish innovation. The newly envisioned upstart will include bikkurim and joshua venture group, along with the current u.s.-based programs of presentense. The four organizations currently provide the jewish community's leading support services for innovators and organizations looking to tackle today's jewish challenges with new ways of thinking, and to create meangingful access points to jewish life. Through this consolidation, upstart will leverage the best of each organization to house all innovation resources under one roof - delivering a comprehensive, streamlined suite of high-quality services to entrepreneurs, intrapreneurs, and communities pursuing jewish innovation. Upstart will be the surviving organization. The merger was approved by the states of california and new york, with an effective date of july 1, 2017.

Financial Statement Notes

Part X : FIN48 Footnote

ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and have measured the Corporations exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

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IRS990/OtherExpensesGrp/Desc1ALL OTHER EXPENSES
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IRS990/ProgSrvcAccomActy2Grp/Desc0MERGER & CONSOLIDATION: UpStart, Bikkurim, Joshua Venture Group, and the US Programs of PresenTense consolidated into a single organization UpStart to serve as the central resource for Jewish innovation. The newly formed UpStart provides Jewish communitys leading support services for innovators and organizations looking to tackle todays Jewish challenges with new ways of thinking, and to create meaningful access points to Jewish life. Through this consolidation, UpStart is leveraging the best of each organization to provide innovators and organizations at nearly every stage with the services and resources they need to succeed.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CONSULTING - FEES FOR SERVING CONSULTING TO BUILD THE CAPACITY OF ESTABLISHED JEWISH ORGANIZATIONS TO CONCEIVE OF AND INTEGRATE INNOVATIVE IDEAS INTO THEIR WORK.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.58$0.77$4.10$6.83$2.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.25$3.50$4.63$6.08$1.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$0.32$4.95$7.57$4.92$2.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$0.96$2.30$6.39$5.38$1.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.75$1.29$6.49$7.11$0.62
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.21$1.91$6.48$6.01$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.16$1.45$2.99$3.74$0.76
2017Detailed filing. Detailed filing data is available for this year.$2.33$0.12$2.21$3.41$2.57$0.84
2016Detailed filing. Detailed filing data is available for this year.$1.42$0.05$1.37$0.79$1.67$0.88
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.06$2.25$2.89$1.22$1.68
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.58$1.32$1.20$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.03$0.46$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.02$0.34$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.02$0.31$0.65