Civic Intelligence

Masschallenge Inc

990 • Fiscal year 2017 • EIN 27-0382989

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

21 Drydock Avenue 6th FloorBoston, MA 02210

(617) 863-0845

Siviq Scores

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

Liabilities / Assets

95th percentile

1.11x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.45x

Higher debt load relative to revenue than 66% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

13th percentile

-14%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$304,710

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

28th percentile

-0.8%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Down

$4,582,324

Down $37,919 (-0.8%) from 2016

Net Assets

Up

-$503,737

Up $126,414 (+20%) from 2016

Liabilities

Down

$5,086,061

Down $164,333 (-3.1%) from 2016

Revenue

Up

$11,217,980

Up $1,217,569 (+12%) from 2016

Expenses

Up

$12,753,346

Up $3,152,011 (+33%) from 2016

Net Income

Down

-$1,535,366

Down $1,934,442 (-485%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $409,509Liabilities 2011: $585,077Net Assets 2011: -$175,5682011Assets 2012: $894,938Liabilities 2012: $660,529Net Assets 2012: $234,4092012Assets 2013: $1,487,492Liabilities 2013: $1,024,120Net Assets 2013: $463,3722013Assets 2014: $2,071,891Liabilities 2014: $2,469,983Net Assets 2014: -$398,0922014Assets 2015: $1,346,362Liabilities 2015: $2,375,589Net Assets 2015: -$1,029,2272015Assets 2016: $4,620,243Liabilities 2016: $5,250,394Net Assets 2016: -$630,1512016Assets 2017: $4,582,324Liabilities 2017: $5,086,061Net Assets 2017: -$503,7372017Assets 2018: $4,836,926Liabilities 2018: $4,507,315Net Assets 2018: $329,6112018Assets 2019: $5,509,988Liabilities 2019: $4,451,463Net Assets 2019: $1,058,5252019Assets 2020: $6,419,562Liabilities 2020: $4,568,294Net Assets 2020: $1,851,2682020Assets 2021: $11,733,602Liabilities 2021: $3,707,397Net Assets 2021: $8,026,2052021Assets 2022: $9,785,870Liabilities 2022: $2,678,803Net Assets 2022: $7,107,0672022Assets 2023: $8,735,400Liabilities 2023: $2,520,927Net Assets 2023: $6,214,4732023Assets 2024: $5,317,198Liabilities 2024: $1,014,296Net Assets 2024: $4,302,9022024

Highlighted filing

2017

Assets$4,582,324
Liabilities$5,086,061
Net Assets-$503,737

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,059,5552011Expenses 2012: $3,527,3332012Revenue 2013: $4,959,384Expenses 2013: $4,730,422Net Income 2013: $228,9622013Revenue 2014: $5,602,696Expenses 2014: $6,464,160Net Income 2014: -$861,4642014Revenue 2015: $6,949,117Expenses 2015: $7,505,252Net Income 2015: -$556,1352015Revenue 2016: $10,000,411Expenses 2016: $9,601,335Net Income 2016: $399,0762016Revenue 2017: $11,217,980Expenses 2017: $12,753,346Net Income 2017: -$1,535,3662017Revenue 2018: $12,958,434Expenses 2018: $14,178,427Net Income 2018: -$1,219,9932018Revenue 2019: $14,287,663Expenses 2019: $15,769,581Net Income 2019: -$1,481,9182019Revenue 2020: $14,091,804Expenses 2020: $13,876,692Net Income 2020: $215,1122020Revenue 2021: $12,993,021Expenses 2021: $13,201,500Net Income 2021: -$208,4792021Revenue 2022: $10,179,370Expenses 2022: $11,098,508Net Income 2022: -$919,1382022Revenue 2023: $10,286,561Expenses 2023: $11,179,155Net Income 2023: -$892,5942023Revenue 2024: $7,788,018Expenses 2024: $9,699,589Net Income 2024: -$1,911,5712024

Highlighted filing

2017

Revenue$11,217,980
Expenses$12,753,346
Net Income-$1,535,366
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$11,217,980
Mission and Program Overview

Mission

To connect entrepreneurs with the resources they need to launch and succeed immediately.the primary activities include running an annual global startup competition, documenting and organizing key resources, and organizing training and networking events and running a 4 month accelerator program designed to help startups grow.

The mission of masschallenge is to help entrepreneurs launch and grow successful enterprises. We do it through sponsoring a $1m startup competition to catalyse business and job creation in massachusetts and running a 4 month accelerator program to connect entrepreneurs with the resources needed to grow their enterprises.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,757,826$2,343,551▲ $585,725
Cash and Non-Interest-Bearing Accounts$1,739,790$1,168,563▼ $571,227
Receivable From Disqualified Prsn$675,460--
Investments Program Related$228,204$225,304▼ $2,900
Loans From Officers Directors$218,373--
Land, Buildings, and Equipment, Net$192,763$177,199▼ $15,564
Prepaid Expenses and Deferred Charges$26,200$23,066▼ $3,134
Total Assets$4,620,243$4,582,324▼ $37,919
Other Assets Total$0$644,641▲ $644,641
Liabilities
Deferred Revenue$2,578,038$2,562,686▼ $15,352
Accounts Payable and Accrued Expenses$2,453,983$2,389,172▼ $64,811
Other Liabilities$0$134,203▲ $134,203
Total Liabilities$5,250,394$5,086,061▼ $164,333
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,159,448$583,205▼ $2,576,243
Unrestricted Net Assets$-3,789,599$-1,086,942▲ $2,702,657
Total Net Assets Fund Balance$-630,151$-503,737▲ $126,414
Total Liabilities and Net Assets / Fund Balance$4,620,243$4,582,324▼ $37,919

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$48,062$456,936$504,998
Leasehold Improvements$79,075$161,533$240,608
Other Land Buildings$50,062$23,004$73,066
Other Assets Org$198,956--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John HarthornePresidentFT$304,710$304,710
Mike LarhetteTreasurerFT$260,670$260,670
Siobhan DulleaCOOFT$212,280$212,280
Scott BaileyClerk/CGOFT$173,468$173,468
Nathan WilsonSr. Director of Software EngineeingFT$165,316$165,316
Kiki Mills JohnstonManaging DirectorFT$142,564$142,564
Donald DoughertyManaging DirectorFT$112,301$112,301

Board Members and Trustees

NameTitle
Desh DeshpandeDirector
Diane HessanDirector
Gail GoodmanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$9,248,189
Program Service Revenue
$1,871,364
Investment Income
$914
Other Revenue
$97,513
All Other Contributions
$9,248,189
Change in Net Assets
$-1,535,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,536,376
Other Expenses$4,663,519
Total Fundraising Expense$2,157,661
Grants and Similar Amounts Paid$1,553,451
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,124,336$337,981$1,303,605$4,765,922
Occupancy$1,377,026$72,028$144,056$1,593,110
Grants to Domestic Orgs$1,553,451--$1,553,451
Current Officers, Directors, Trustees, and Key Employees$623,519$67,450$260,159$951,128
Travel$285,765$151,856$86,466$524,087
Payroll Taxes$289,760$31,345$120,900$442,005
Fees for Services Other$199,982$161,978$41,040$403,000
Office Expenses$364,890$1,257-$366,147
Other Employee Benefits$195,281$21,125$81,479$297,885
Information Technology$224,195$703-$224,898
Pension Plan Contributions$52,075$5,633$21,728$79,436
Advertising$69,681-$2,224$71,905
Depreciation Depletion-$69,937-$69,937
Fees for Services Accounting-$62,018-$62,018
Insurance-$55,042-$55,042
Fees for Services Legal-$16,765-$16,765
Other Expenses$7,324$385$18,002$7,709
All Other Expenses$19,118$-54,091$4,300$-30,673
Total Functional Expenses$8,915,187$1,680,498$2,157,661$12,753,346
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
OffgridboxBoston, MA-Seed Money for Early-stage Entrepreneurs$105,000
CozykinBoston, MA-Seed Money for Early-stage Entrepreneurs$100,000
Pykus TherapeuticsBoston, MA-Seed Money for Early-stage Entrepreneurs$100,000
SyncthinkBoston, MA-Seed Money for Early-stage Entrepreneurs$100,000
Vence CorpBoston, MA-Seed Money for Early-stage Entrepreneurs$100,000
TwiageBoston, MA-Seed Money for Early-stage Entrepreneurs$60,000
Carealine ProductsBoston, MA-Seed Money for Early-stage Entrepreneurs$55,000
VoatzBoston, MA-Seed Money for Early-stage Entrepreneurs$55,000
Adeo Health ScienceBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
Athletes of ValorBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
Girls Health ChampionsBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
GuardionBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
Miracle MessagesBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
NonspecBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
Reveal PharmaBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
VeripadBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
W8xBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
Y2yBoston, MA-Seed Money for Early-stage Entrepreneurs$50,000
RendeverBoston, MA-Seed Money for Early-stage Entrepreneurs$40,000
ActmdBoston, MA-Seed Money for Early-stage Entrepreneurs$10,661
3dermBoston, MA-Seed Money for Early-stage Entrepreneurs$10,023
AkanocureBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Alkemy EnvironmentalBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Cellino BiotechBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
General Emergency Medical Supplies CorpBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Giaran IncBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
GliapharmBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Kulisha LLCBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Lithio StorageBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
NesterlyBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
NutrimedyBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Peroxygen Systems IncBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Proper Pipe IncBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Revivemed IncBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
State of PlaceBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
Upstream TechBoston, MA-Seed Money for Early-stage Entrepreneurs$5,000
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$675,460--
Loans from Officers, Directors, Trustees, and Key Employees$218,373--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$134,203
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 will be reviewed by the board before it is filed.

Form 990, Part VI, Section B, Line 12C

Each year at the beginning of the year, people are asked to disclose any conflicts of interests that may arise in the following year. Those same people are also required to notify as soon as any conflict of interest arises.

Form 990, Part VI, Section B, Line 15

Compensation for executives is determined by the board of advisors. Employee compensation is determined by the executives.

Form 990, Part VI, Section C, Line 18

Organization's form 990 is available upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, financial statements and tax returns available upon request.

Filing and Contact Details

Filer

Filer Name
Masschallenge Inc
EIN
27-0382989
Phone
6178630845
Address
21 DRYDOCK AVENUE 6TH FLOOR, BOSTON, MA 02210

Signing Officer

Name
John Hawthown
Title
CEO
Phone
6178630845
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Harthorne
Formed
2009
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
3
Employees
75
Volunteers
500

Preparer

Firm
Wolf & Company Pc
Address
99 HIGH STREET 21ST FLOOR, BOSTON, MA 02110
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior year adjustment 75,615.

Financial Statement Notes

PART X, LINE 2:

Management has analyzed the organization's tax positions taken for all open tax years and has concluded that no provision for uncertain tax positions is required in the organization's financial statements.

Raw XML AppendixShowing 400 of 856 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02453983
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02389172
IRS990/AccountsReceivableGrp/BOYAmt01757826
IRS990/AccountsReceivableGrp/EOYAmt02343551
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF MASSCHALLENGE IS TO HELP ENTREPRENEURS LAUNCH AND GROW SUCCESSFUL ENTERPRISES. WE DO IT THROUGH SPONSORING A $1M STARTUP COMPETITION TO CATALYSE BUSINESS AND JOB CREATION IN MASSACHUSETTS AND RUNNING A 4 MONTH ACCELERATOR PROGRAM TO CONNECT ENTREPRENEURS WITH THE RESOURCES NEEDED TO GROW THEIR ENTERPRISES.
IRS990/AdvertisingGrp/FundraisingAmt02224
IRS990/AdvertisingGrp/ProgramServicesAmt069681
IRS990/AdvertisingGrp/TotalAmt071905
IRS990/AllOtherContributionsAmt09248189
IRS990/AllOtherExpensesGrp/FundraisingAmt04300
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-54091
IRS990/AllOtherExpensesGrp/ProgramServicesAmt019118
IRS990/AllOtherExpensesGrp/TotalAmt0-30673
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN HARTHORNE
IRS990/BooksInCareOfDetail/PhoneNum08887827820
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt021 DRYDOCK AVENUE 6TH FL
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002210
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01739790
IRS990/CashNonInterestBearingGrp/EOYAmt01168563
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0260159
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt067450
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0623519
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0951128
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09248189
IRS990/CYGrantsAndSimilarPaidAmt01553451
IRS990/CYInvestmentIncomeAmt0914
IRS990/CYOtherExpensesAmt04663519
IRS990/CYOtherRevenueAmt097513
IRS990/CYProgramServiceRevenueAmt01871364
IRS990/CYRevenuesLessExpensesAmt0-1535366
IRS990/CYSalariesCompEmpBnftPaidAmt06536376
IRS990/CYTotalExpensesAmt012753346
IRS990/CYTotalFundraisingExpenseAmt02157661
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011217980
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt02578038
IRS990/DeferredRevenueGrp/EOYAmt02562686
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt069937
IRS990/DepreciationDepletionGrp/TotalAmt069937
IRS990/Desc0RAN A GLOBAL STARTUP COMPETITION IN BOSTON, MA WITH 1200+ APPLICANTS FROM ACROSS THE US AND THE WORLD.SELECTED 125 COMPANIES TO ENTER A 4 MONTH ACCELERATOR PROGRAM.THE 125 COMPANIES IN THE ACCELERATOR PROGRAM RECEIVED FREE OFFICE SPACE, SEVERAL EDUCATIONAL AND NETWORKING EVENTS, ACCESS TO 400+ MENTORS, AND ACCESS TO MULTI MILLION IN-KIND SPONSORSHIPS FROM VARIOUS CORPORATE SPONSORS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt01586165
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt075
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08915187
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt062018
IRS990/FeesForServicesAccountingGrp/TotalAmt062018
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt016765
IRS990/FeesForServicesLegalGrp/TotalAmt016765
IRS990/FeesForServicesOtherGrp/FundraisingAmt041040
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0161978
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0199982
IRS990/FeesForServicesOtherGrp/TotalAmt0403000
IRS990/ForeignActivitiesInd00
IRS990/ForeignCountryCd0AS
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN HARTHORNE
IRS990/Form990PartVIISectionAGrp/PersonNm1DESH DESHPANDE
IRS990/Form990PartVIISectionAGrp/PersonNm2GAIL GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DIANE HESSAN
IRS990/Form990PartVIISectionAGrp/PersonNm4MIKE LARHETTE
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm6SIOBHAN DULLEA
IRS990/Form990PartVIISectionAGrp/PersonNm7NATHAN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm8KIKI MILLS JOHNSTON
IRS990/Form990PartVIISectionAGrp/PersonNm9DONALD DOUGHERTY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0304710
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4260670
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5173468
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6212280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7165316
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8142564
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9112301
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CLERK/CGO
IRS990/Form990PartVIISectionAGrp/TitleTxt6COO
IRS990/Form990PartVIISectionAGrp/TitleTxt7SR. DIRECTOR OF SOFTWARE ENGINEEING
IRS990/Form990PartVIISectionAGrp/TitleTxt8MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt01553451
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01553451
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01553451
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011217980
IRS990/GrossRentsGrp/RealAmt063800
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0703
IRS990/InformationTechnologyGrp/ProgramServicesAmt0224195
IRS990/InformationTechnologyGrp/TotalAmt0224898
IRS990/InsuranceGrp/ManagementAndGeneralAmt055042
IRS990/InsuranceGrp/TotalAmt055042
IRS990/InvestmentIncomeGrp/ExclusionAmt0914
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0914
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0228204
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0225304
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0641473
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0192763
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0177199
IRS990/LandBldgEquipCostOrOtherBssAmt0818672
IRS990/LegalDomicileStateCd0MA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0218373
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONNECT ENTREPRENEURS WITH THE RESOURCES THEY NEED TO LAUNCH AND SUCCEED IMMEDIATELY.THE PRIMARY ACTIVITIES INCLUDE RUNNING AN ANNUAL GLOBAL STARTUP COMPETITION, DOCUMENTING AND ORGANIZING KEY RESOURCES, AND ORGANIZING TRAINING AND NETWORKING EVENTS AND RUNNING A 4 MONTH ACCELERATOR PROGRAM DESIGNED TO HELP STARTUPS GROW.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-630151
IRS990/NetAssetsOrFundBalancesEOYAmt0-503737
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt063800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt063800
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0144056
IRS990/OccupancyGrp/ManagementAndGeneralAmt072028
IRS990/OccupancyGrp/ProgramServicesAmt01377026
IRS990/OccupancyGrp/TotalAmt01593110
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01257
IRS990/OfficeExpensesGrp/ProgramServicesAmt0364890
IRS990/OfficeExpensesGrp/TotalAmt0366147
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0644641
IRS990/OtherChangesInNetAssetsAmt075615
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt081479
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021125
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0195281
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0297885
IRS990/OtherExpensesGrp/Desc0LOSS ON LOAN RECEIVABLE
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2TRAINING & DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt073702
IRS990/OtherExpensesGrp/FundraisingAmt118002
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0630604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt148482
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3385
IRS990/OtherExpensesGrp/ProgramServicesAmt0508091
IRS990/OtherExpensesGrp/ProgramServicesAmt120693
IRS990/OtherExpensesGrp/ProgramServicesAmt27324
IRS990/OtherExpensesGrp/TotalAmt0630604
IRS990/OtherExpensesGrp/TotalAmt1630275
IRS990/OtherExpensesGrp/TotalAmt238695
IRS990/OtherExpensesGrp/TotalAmt37709
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0134203
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt033713
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt033713
IRS990/OtherRevenueTotalAmt033713
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01303605
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0337981
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03124336
IRS990/OtherSalariesAndWagesGrp/TotalAmt04765922
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0120900
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031345
IRS990/PayrollTaxesGrp/ProgramServicesAmt0289760
IRS990/PayrollTaxesGrp/TotalAmt0442005
IRS990/PensionPlanContributionsGrp/FundraisingAmt021728
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05633
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt052075
IRS990/PensionPlanContributionsGrp/TotalAmt079436
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026200
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023066
IRS990/PrincipalOfficerNm0JOHN HARTHORNE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1LICENSE FEES
IRS990/ProgramServiceRevenueGrp/Desc2APPLICATION & ADMINISTRATIVE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0902358
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1750000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2219006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0902358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1750000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2219006
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08687665
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01495000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04107120
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01312746
IRS990/PYRevenuesLessExpensesAmt0399076
IRS990/PYSalariesCompEmpBnftPaidAmt03999215
IRS990/PYTotalExpensesAmt09601335
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010000411
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt0675460
IRS990/ReconcilationRevenueExpnssAmt0-1535366
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt063800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01968877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09248189
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07152735
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04919843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04107243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02908120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt028336130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt064714
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt064714
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04603715
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt033713
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033713
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96590
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt027463736
IRS990ScheduleA/SubstantialContributorsTotAmt0872394
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09248189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07152735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04919843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04107243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02908120
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt028336130
IRS990ScheduleA/TotalSupportAmt028434557
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt048062
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0456936
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0504998
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt079075
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0161533
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0240608
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0195685
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1250000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2198956
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UNBILLED RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTERCOMPANY RECEIVABLES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt050062
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023004
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0134203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS ANALYZED THE ORGANIZATION'S TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED IN THE ORGANIZATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0177199
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0644641
IRS990ScheduleD/TotalLiabilityAmt0134203
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/CashGrantAmt2100000
IRS990ScheduleI/RecipientTable/CashGrantAmt3105000
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/CashGrantAmt550000
IRS990ScheduleI/RecipientTable/CashGrantAmt650000
IRS990ScheduleI/RecipientTable/CashGrantAmt755000
IRS990ScheduleI/RecipientTable/CashGrantAmt850000
IRS990ScheduleI/RecipientTable/CashGrantAmt950000
IRS990ScheduleI/RecipientTable/CashGrantAmt1050000
IRS990ScheduleI/RecipientTable/CashGrantAmt1150000
IRS990ScheduleI/RecipientTable/CashGrantAmt1250000
IRS990ScheduleI/RecipientTable/CashGrantAmt1350000
IRS990ScheduleI/RecipientTable/CashGrantAmt1455000
IRS990ScheduleI/RecipientTable/CashGrantAmt1550000
IRS990ScheduleI/RecipientTable/CashGrantAmt1610023
IRS990ScheduleI/RecipientTable/CashGrantAmt1710661
IRS990ScheduleI/RecipientTable/CashGrantAmt185000
IRS990ScheduleI/RecipientTable/CashGrantAmt195000
IRS990ScheduleI/RecipientTable/CashGrantAmt205000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/CashGrantAmt235000
IRS990ScheduleI/RecipientTable/CashGrantAmt245000
IRS990ScheduleI/RecipientTable/CashGrantAmt255000
IRS990ScheduleI/RecipientTable/CashGrantAmt265000
IRS990ScheduleI/RecipientTable/CashGrantAmt275000
IRS990ScheduleI/RecipientTable/CashGrantAmt285000
IRS990ScheduleI/RecipientTable/CashGrantAmt295000
IRS990ScheduleI/RecipientTable/CashGrantAmt305000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$1.01$4.30$7.79$9.70$1.91
2023Detailed filing. Detailed filing data is available for this year.$8.74$2.52$6.21$10.3$11.2$0.89
2022Detailed filing. Detailed filing data is available for this year.$9.79$2.68$7.11$10.2$11.1$0.92
2021Detailed filing. Detailed filing data is available for this year.$11.7$3.71$8.03$13.0$13.2$0.21
2020Detailed filing. Detailed filing data is available for this year.$6.42$4.57$1.85$14.1$13.9$0.22
2019Detailed filing. Detailed filing data is available for this year.$5.51$4.45$1.06$14.3$15.8$1.48
2018Detailed filing. Detailed filing data is available for this year.$4.84$4.51$0.33$13.0$14.2$1.22
2017Detailed filing. Detailed filing data is available for this year.$4.58$5.09$0.50$11.2$12.8$1.54
2016Detailed filing. Detailed filing data is available for this year.$4.62$5.25$0.63$10.0$9.60$0.40
2015Detailed filing. Detailed filing data is available for this year.$1.35$2.38$1.03$6.95$7.51$0.56
2014Detailed filing. Detailed filing data is available for this year.$2.07$2.47$0.40$5.60$6.46$0.86
2013Detailed filing. Detailed filing data is available for this year.$1.49$1.02$0.46$4.96$4.73$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.66$0.23$3.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.59$0.18$3.06