Civic Intelligence

The Start-Up Accelerator Inc

990 • Fiscal year 2018 • EIN 27-5088434

Jun 01, 2017 to May 31, 2018 • Filed on Jan 29, 2019

5255 Winthrop Avenue 110Indianapolis, IN 46220

(317) 581-1820

Siviq Scores

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

Liabilities / Assets

85th percentile

0.52x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.40x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$84,567

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$371,741

No earlier filing loaded for comparison.

Net Assets

$178,993

No earlier filing loaded for comparison.

Liabilities

$192,748

No earlier filing loaded for comparison.

Revenue

$481,873

No earlier filing loaded for comparison.

Expenses

$583,967

No earlier filing loaded for comparison.

Net Income

-$102,094

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2018: $371,741Liabilities 2018: $192,748Net Assets 2018: $178,9932018Assets 2019: $170,706Liabilities 2019: $183,922Net Assets 2019: -$13,2162019Assets 2020: $277,679Liabilities 2020: $217,336Net Assets 2020: $60,3432020Assets 2021: $387,411Liabilities 2021: $310,225Net Assets 2021: $77,1862021Assets 2022: $447,777Liabilities 2022: $229,158Net Assets 2022: $218,6192022Assets 2023: $225,515Liabilities 2023: $111,903Net Assets 2023: $113,6122023Assets 2024: $163,780Liabilities 2024: $109,941Net Assets 2024: $53,8392024Assets 2025: $36,938Liabilities 2025: $68,955Net Assets 2025: -$32,0172025

Highlighted filing

2018

Assets$371,741
Liabilities$192,748
Net Assets$178,993

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $481,873Expenses 2018: $583,967Net Income 2018: -$102,0942018Revenue 2019: $217,147Expenses 2019: $409,742Net Income 2019: -$192,5952019Revenue 2020: $302,081Expenses 2020: $228,522Net Income 2020: $73,5592020Revenue 2021: $179,098Expenses 2021: $172,728Net Income 2021: $6,3702021Revenue 2022: $302,173Expenses 2022: $160,740Net Income 2022: $141,4332022Revenue 2023: $148,677Expenses 2023: $253,270Net Income 2023: -$104,5932023Revenue 2024: $193,465Expenses 2024: $253,238Net Income 2024: -$59,7732024Revenue 2025: $92,990Expenses 2025: $178,846Net Income 2025: -$85,8562025

Highlighted filing

2018

Revenue$481,873
Expenses$583,967
Net Income-$102,094
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Jan 29, 2019
Return Version
2017v2.3
Gross Receipts
$656,627
Mission and Program Overview

Mission

The speak easy was founded in 2011 with a mission to cultivate the healthiest possible entrepreneurial ecosystem.

The start-up accelerator, dba the speak easy, is a non-profit membership based coworking organization with a mission to cultivate the healthiest possible entrepreneurial ecosystem by 1)cultivating a community where members can create, collaborate, and learn and by 2)bringing established businesses and entrepreneurs together for the good of everyone in indianapolis. The program service accomplishments are measured by community and economic impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$321,940$244,763▼ $77,177
Accounts Receivable$75,531$95,571▲ $20,040
Cash and Non-Interest-Bearing Accounts$57,586$30,253▼ $27,333
Prepaid Expenses and Deferred Charges$2,632$1,154▼ $1,478
Total Assets$457,689$371,741▼ $85,948
Liabilities
Deferred Revenue$130,660$169,235▲ $38,575
Accounts Payable and Accrued Expenses$6,828$14,688▲ $7,860
Other Liabilities$8,825$8,825→ $0
Total Liabilities$146,313$192,748▲ $46,435
Net Assets / Fund Balance
Unrestricted Net Assets$311,376$178,993▼ $132,383
Total Net Assets Fund Balance$311,376$178,993▼ $132,383
Total Liabilities and Net Assets / Fund Balance$457,689$371,741▼ $85,948

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$244,763$66,743$311,506
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Danielle McdowellExecutive DiFT$84,567$84,567

Board Members and Trustees

NameTitle
Jenny VanceBoard Chair
Andy ClarkChair Emerit
Barry WormserVice Chair
Amber RossBoard Member
Brian McginnisBoard Member
Jim WalkerBoard Member
Kristen HammerstadtBoard Member
Melissa BeckwithBoard Member
Oscar MoralezBoard Member
Ryan HunleyBoard Member
Rachel ClarkSecretary
Jemmie WangTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ba Bodner CoRent47 S MERIDIAN STREET, Indianapolis, IN 46204$138,076
Revenue and Support

Revenue Composition

Contributions and Grants
$320,896
Program Service Revenue
$164,993
Investment Income
$0
Other Revenue
$-4,016
All Other Contributions
$88,585
Change in Net Assets
$-102,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$438,943
Salaries, Compensation, and Employee Benefits$145,024
Total Fundraising Expense$16,913
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$260,345$28,927-$289,272
Current Officers, Directors, Trustees, and Key Employees$50,741$16,913$16,913$84,567
Other Salaries and Wages$35,474$13,338-$48,812
Fees for Services Accounting-$32,782-$32,782
Office Expenses$16,294$10,863-$27,157
Depreciation Depletion$25,630--$25,630
Advertising$15,987--$15,987
Payroll Taxes$10,480$1,165-$11,645
Insurance-$9,704-$9,704
Other Expenses$7,122$4,119-$7,122
All Other Expenses$2,701$64-$2,765
Information Technology-$2,120-$2,120
Travel-$467-$467
Total Functional Expenses$436,317$130,737$16,913$583,967
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$8,825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Page 6, Part VI, Line 11B

The chair emeritus and the board chair review the form 990 once completed and then submit it to all board members. Any questions or concerns are followed up. If none, the return is filed.

Form 990, Page 6, Part VI, Line 15A

Salary for the executive director is reviewed by the governance committee and voted on by the board. Data is gathered from community discussion and inquiries to help formulate the salary amount.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Start-up Accelerator Inc
EIN
27-5088434
Address
5255 WINTHROP AVENUE 110, INDIANAPOLIS, IN 46220
Doing Business As
The Speak Easy

Signing Officer

Name
Jenny Vance
Title
Board Chair
Signed
2019-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenny Vance
Formed
2011
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
4
Volunteers
60

Preparer

Firm
Maccounting
Address
9311 N MERIDIAN ST STE 100, INDIANAPOLIS, IN 46260-1865
Preparer
Ann M Vincent CPA
Phone
3175811820
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Py accumulated depreciation -30,289

Raw XML AppendixShowing 400 of 428 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAIR EMERITUS AND THE BOARD CHAIR REVIEW THE FORM 990 ONCE COMPLETED AND THEN SUBMIT IT TO ALL BOARD MEMBERS. ANY QUESTIONS OR CONCERNS ARE FOLLOWED UP. IF NONE, THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARY FOR THE EXECUTIVE DIRECTOR IS REVIEWED BY THE GOVERNANCE COMMITTEE AND VOTED ON BY THE BOARD. DATA IS GATHERED FROM COMMUNITY DISCUSSION AND INQUIRIES TO HELP FORMULATE THE SALARY AMOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PY ACCUMULATED DEPRECIATION -30,289
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05255 WINTHROP AVENUE
IRS990/USAddress/CityNm0INDIANAPOLIS
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY VANCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR

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