Civic Intelligence

Masschallenge Inc

990 • Fiscal year 2022 • EIN 27-0382989

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

10 Fan Pier Blvd 3rd FloorBoston, MA 02210

(617) 863-0845

Siviq Scores

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

Liabilities / Assets

61st percentile

0.27x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.26x

Higher debt load relative to revenue than 54% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

17th percentile

-9.0%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

76th percentile

$281,212

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$9,785,870

Down $1,947,732 (-17%) from 2021

Net Assets

Down

$7,107,067

Down $919,138 (-11%) from 2021

Liabilities

Down

$2,678,803

Down $1,028,594 (-28%) from 2021

Revenue

Down

$10,179,370

Down $2,813,651 (-22%) from 2021

Expenses

Down

$11,098,508

Down $2,102,992 (-16%) from 2021

Net Income

Down

-$919,138

Down $710,659 (-341%) from 2021

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

2022

Assets$9,785,870
Liabilities$2,678,803
Net Assets$7,107,067

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

2022

Revenue$10,179,370
Expenses$11,098,508
Net Income-$919,138
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$10,179,370
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
Pledges and Grants Receivable$6,269,107$5,079,437▼ $1,189,670
Accounts Receivable$2,911,964$1,939,203▼ $972,761
Cash and Non-Interest-Bearing Accounts$1,433,377$1,856,164▲ $422,787
Investments Program Related$225,304$225,304→ $0
Prepaid Expenses and Deferred Charges$117,822$136,044▲ $18,222
Land, Buildings, and Equipment, Net$14,963$4,708▼ $10,255
Total Assets$11,733,602$9,785,870▼ $1,947,732
Other Assets Total$761,065$545,010▼ $216,055
Liabilities
Deferred Revenue$1,964,706$1,957,639▼ $7,067
Accounts Payable and Accrued Expenses$1,742,691$721,164▼ $1,021,527
Total Liabilities$3,707,397$2,678,803▼ $1,028,594
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,269,107$5,079,437▼ $1,189,670
Net Assets Without Donor Restrictions$1,757,098$2,027,630▲ $270,532
Total Net Assets Fund Balance$8,026,205$7,107,067▼ $919,138
Total Liabilities and Net Assets / Fund Balance$11,733,602$9,785,870▼ $1,947,732

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,274$52,068$54,342
Other Land Buildings$2,434$22,422$24,856
Equipment$0$12,023$12,023
Other Assets Org$6,170--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caitlin BrummeCEO/presidentFT$226,412$54,800$281,212
Mary HopkinsHead of US AccelerationFT$174,720$45,175$219,895
Jonathan NordbyHead of Community EcosystemFT$169,720$44,950$214,670
James Sattler Ended 1122VP of Product & EngineeringFT$139,917$60,856$200,773
David Herrick Ended 0422CPOFT$56,263$126,750$183,013
Lauren DoughertyTreasurer/clerk/COOFT$121,187$59,932$181,119
William MagruderVice President of PartnershipsFT$128,963$28,816$157,779
Damon CoxHead of Next Practice & Inclusive GrowthFT$157,686-$157,686
Damon CoxHead of Next Practice & Inclusive Gr-$157,686-$157,686
Robert BittingChief of StaffFT$132,668$18,955$151,623
Lindsay Eulenfeld Ended 0922Sr. Director of Accelerator DesignFT$139,683$2,687$142,370
Lauren MitchellSenior Director of CommunityFT$129,569$3,825$133,394
Ernesto Martinez as of 0722Head of Development & InnovationFT$95,270-$95,270
Lisa MclaughlinCOO (transition)FT$59,552$1,750$61,302

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
AndelaTechnology Consulting129 W 29TH ST 5TH FLOOR, New York, NY 10001$402,513
Rf Binder Partners INCCommunication Services For Global Public160 GOULD STREET, Needham Heights, MA 02494$104,660
Revenue and Support

Revenue Composition

Contributions and Grants
$9,771,638
Program Service Revenue
$407,732
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,104,609
Change in Net Assets
$-919,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,840,120
Other Expenses$3,602,388
Total Fundraising Expense$2,434,470
Grants and Similar Amounts Paid$560,000
Professional Fundraising Fees$96,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,227,286$882,923$1,310,935$4,421,144
Current Officers, Directors, Trustees, and Key Employees$691,217$274,007$406,837$1,372,061
Occupancy$837,525$186,034$178,686$1,202,245
Fees for Services Other$633,000$43,316$65,223$741,539
Information Technology$217,018$345,889$10,725$573,632
Grants to Domestic Orgs$560,000--$560,000
Other Employee Benefits$241,931$95,904$142,396$480,231
Payroll Taxes$224,099$88,835$131,900$444,834
Advertising$363,045--$363,045
Travel$86,706$13,795$40,237$140,738
Pension Plan Contributions$61,386$24,334$36,130$121,850
Fees for Services Accounting-$117,704-$117,704
Fees for Services Professional Fundraising--$96,000$96,000
Insurance-$63,195-$63,195
Fees for Services Legal-$32,790-$32,790
Office Expenses$12,495$16,165$501$29,161
Other Expenses$16,450$23,359$1,379$17,829
All Other Expenses$80$2,660$9,273$12,013
Depreciation Depletion-$10,255-$10,255
Total Functional Expenses$6,301,256$2,362,782$2,434,470$11,098,508
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pumpspotting IncKittery, ME-Alumni Award$100,000
Kidvestors IncLouisville, KY-Alumni Award$50,000
Limax Biosciences IncSomerville, MA-Alumni Award$50,000
TruetoformChicago, IL-Alumni Award$50,000
Youth Enrichments CorporationHouston, TX-Seed Money for Early-stage Entrepreneurs$30,000
Kidogo ProductionsBoston, MA-Cimmunity Choice Award$25,000
Sunny Day FundFalls Church, VA-Alumni Award$25,000
Syntr Health Technologies IncIrvine, CA-Alumni Award$25,000
Avsana Labs IncRichardson, TX-Seed Money for Early-stage Entrepreneurs$10,000
Rocket Dollar Fintech Services IncHouston, TX-Seed Money for Early-stage Entrepreneurs$10,000
Teamstack Ai CorpCambridge, MA-Seed Money for Early-stage Entrepreneurs$10,000

International Summary

Offices
1
Employees
10
Spending
$323,951

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 America - Canada and Mexico, But Not the United StatesProgram ServicesTo Connect Early-stage Entrepreneurs With the Resources They Need to Launch and Succeed Immediately110$323,951
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$96,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 35% controlled entity
No
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
10 FAN PIER BLVD 3RD FLOOR, BOSTON, MA 02210

Signing Officer

Name
Lisa Mclaughlin
Title
COO
Phone
6178630845
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Mclaughlin
Formed
2009
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
93
Volunteers
500

Preparer

Firm
Wolf & Company Pc
Address
255 STATE STREET, BOSTON, MA 02109
Preparer
Harry a Kalajian Jr CPA
Phone
6174399700
Supplemental Narrative

Additional Explanations

FORM 990, PART IV, LINE 2C:

There was no change in the oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Masschallenge, inc. Is exempt from federal income tax under section 501(c)(3) of the internal revenue code ("the code") and is not classified as a private foundation. Section 501(c)(3) of the code provides for the exemption of organizations that are organized and operated exclusively for religious, charitable, scientific, literacy or educational purposes, and whose net earnings do not inure to the benefit of any private shareholder or individual. Masschallenge, inc. Is also exempt from state and local income taxes under massachusetts general law section 180. Accordingly, no provision for federal or state income taxes has been provided for in the accompanying consolidated financial statements. Contributions to masschallenge, inc. Are tax deductible. 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.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt134950
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt145175
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154606
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt163825
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt172687
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt183955
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt193816
IRS990/Form990PartVIISectionAGrp/PersonNm0CAITLIN BRUMME
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANE HESSAN
IRS990/Form990PartVIISectionAGrp/PersonNm2FIONA MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN W HARTHORNE
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL FANNING
IRS990/Form990PartVIISectionAGrp/PersonNm5TRAVIS MCCREADY
IRS990/Form990PartVIISectionAGrp/PersonNm6WILLIAM C COWAN
IRS990/Form990PartVIISectionAGrp/PersonNm7LEN SCHLESINGER
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID HERRICK ENDED 0422
IRS990/Form990PartVIISectionAGrp/PersonNm9LAUREN DOUGHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm10LISA MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm11ERNESTO MARTINEZ AS OF 0722
IRS990/Form990PartVIISectionAGrp/PersonNm12DAMON COX
IRS990/Form990PartVIISectionAGrp/PersonNm13JONATHAN NORDBY
IRS990/Form990PartVIISectionAGrp/PersonNm14MARY HOPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm15JAMES SATTLER ENDED 1122
IRS990/Form990PartVIISectionAGrp/PersonNm16LAUREN MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm17LINDSAY EULENFELD ENDED 0922
IRS990/Form990PartVIISectionAGrp/PersonNm18ROBERT BITTING
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM MAGRUDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0276412
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8181263
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9177437
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1059552
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1195270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12157686
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13209720
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14214720
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15196167
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16129569
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17139683
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18147668
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19153963
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CPO
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER/CLERK/COO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO (TRANSITION)
IRS990/Form990PartVIISectionAGrp/TitleTxt11HEAD OF DEVELOPMENT & INNOVATION
IRS990/Form990PartVIISectionAGrp/TitleTxt12HEAD OF NEXT PRACTICE & INCLUSIVE GROWTH
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF COMMUNITY ECOSYSTEM
IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF US ACCELERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP OF PRODUCT & ENGINEERING
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR DIRECTOR OF COMMUNITY
IRS990/Form990PartVIISectionAGrp/TitleTxt17SR. DIRECTOR OF ACCELERATOR DESIGN
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF OF STAFF
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT OF PARTNERSHIPS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0667029
IRS990/GrantAmt0560000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0560000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0560000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010179370
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt020
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt010725
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0345889
IRS990/InformationTechnologyGrp/ProgramServicesAmt0217018
IRS990/InformationTechnologyGrp/TotalAmt0573632
IRS990/InsuranceGrp/ManagementAndGeneralAmt063195
IRS990/InsuranceGrp/TotalAmt063195
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0225304
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0225304
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt086513
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014963
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04708
IRS990/LandBldgEquipCostOrOtherBssAmt091221
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
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/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt08026205
IRS990/NetAssetsOrFundBalancesEOYAmt07107067
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01757098
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02027630
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0178686
IRS990/OccupancyGrp/ManagementAndGeneralAmt0186034
IRS990/OccupancyGrp/ProgramServicesAmt0837525
IRS990/OccupancyGrp/TotalAmt01202245
IRS990/OfficeExpensesGrp/FundraisingAmt0501
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016165
IRS990/OfficeExpensesGrp/ProgramServicesAmt012495
IRS990/OfficeExpensesGrp/TotalAmt029161
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0761065
IRS990/OtherAssetsTotalGrp/EOYAmt0545010
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0142396
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt095904
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0241931
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0480231
IRS990/OtherExpensesGrp/Desc0TRAINING & DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3OTHER PROGRAM EXP
IRS990/OtherExpensesGrp/FundraisingAmt01998
IRS990/OtherExpensesGrp/FundraisingAmt1645
IRS990/OtherExpensesGrp/FundraisingAmt21605
IRS990/OtherExpensesGrp/FundraisingAmt31379
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0138465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13152
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt223359
IRS990/OtherExpensesGrp/ProgramServicesAmt0123524
IRS990/OtherExpensesGrp/ProgramServicesAmt15494
IRS990/OtherExpensesGrp/ProgramServicesAmt216450
IRS990/OtherExpensesGrp/TotalAmt0140463
IRS990/OtherExpensesGrp/TotalAmt1127321
IRS990/OtherExpensesGrp/TotalAmt230458
IRS990/OtherExpensesGrp/TotalAmt317829
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01310935
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0882923
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02227286
IRS990/OtherSalariesAndWagesGrp/TotalAmt04421144
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0131900
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt088835
IRS990/PayrollTaxesGrp/ProgramServicesAmt0224099
IRS990/PayrollTaxesGrp/TotalAmt0444834
IRS990/PensionPlanContributionsGrp/FundraisingAmt036130
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt024334
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt061386
IRS990/PensionPlanContributionsGrp/TotalAmt0121850
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06269107
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05079437
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0117822
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0136044
IRS990/PrincipalOfficerNm0LISA MCLAUGHLIN
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0LICENSE FEES
IRS990/ProgramServiceRevenueGrp/Desc1EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2APPLICATION & ADMINISTRATIVE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0347625
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145150
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214957
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0347625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214957
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012494894
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01399961
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03661183
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0498127
IRS990/PYRevenuesLessExpensesAmt0-208479
IRS990/PYSalariesCompEmpBnftPaidAmt08046512
IRS990/PYTotalExpensesAmt013201500
IRS990/PYTotalProfFndrsngExpnsAmt093844
IRS990/PYTotalRevenueAmt012993021
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-919138
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00

Document Assets

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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