Civic Intelligence

Startup Tucson

990 • Fiscal year 2017 • EIN 46-0801496

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 18, 2018

PO Box 1214Tucson, AZ 85702

(520) 477-8278

Siviq Scores

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

Liabilities / Assets

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$60,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

90th percentile

57%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$485,420

Up $176,315 (+57%) from 2016

Net Assets

Up

$450,459

Up $144,105 (+47%) from 2016

Liabilities

Up

$34,961

Up $32,210 (+1171%) from 2016

Revenue

Up

$553,460

Up $66,355 (+14%) from 2016

Expenses

Up

$409,355

Up $99,311 (+32%) from 2016

Net Income

Down

$144,105

Down $32,956 (-19%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $132,755Liabilities 2015: $3,462Net Assets 2015: $129,2932015Assets 2016: $309,105Liabilities 2016: $2,751Net Assets 2016: $306,3542016Assets 2017: $485,420Liabilities 2017: $34,961Net Assets 2017: $450,4592017Assets 2018: $421,871Liabilities 2018: $30,364Net Assets 2018: $391,5072018Assets 2019: $479,355Liabilities 2019: $51,684Net Assets 2019: $427,6712019Assets 2020: $360,552Liabilities 2020: $60,137Net Assets 2020: $300,4152020Assets 2021: $498,785Liabilities 2021: $13,097Net Assets 2021: $485,6882021Assets 2022: $563,833Liabilities 2022: $9,757Net Assets 2022: $554,0762022Assets 2023: $700,972Liabilities 2023: $127,351Net Assets 2023: $573,6212023Assets 2024: $713,527Liabilities 2024: $134,539Net Assets 2024: $578,9882024

Highlighted filing

2017

Assets$485,420
Liabilities$34,961
Net Assets$450,459

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $307,229Expenses 2015: $234,451Net Income 2015: $72,7782015Revenue 2016: $487,105Expenses 2016: $310,044Net Income 2016: $177,0612016Revenue 2017: $553,460Expenses 2017: $409,355Net Income 2017: $144,1052017Revenue 2018: $474,468Expenses 2018: $573,631Net Income 2018: -$99,1632018Revenue 2019: $691,944Expenses 2019: $655,780Net Income 2019: $36,1642019Revenue 2020: $248,310Expenses 2020: $375,566Net Income 2020: -$127,2562020Revenue 2021: $821,856Expenses 2021: $636,583Net Income 2021: $185,2732021Revenue 2022: $1,071,369Expenses 2022: $1,002,981Net Income 2022: $68,3882022Revenue 2023: $1,013,072Expenses 2023: $993,527Net Income 2023: $19,5452023Revenue 2024: $583,207Expenses 2024: $577,840Net Income 2024: $5,3672024

Highlighted filing

2017

Revenue$553,460
Expenses$409,355
Net Income$144,105
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 18, 2018
Return Version
2016v3.0
Gross Receipts
$553,460
Mission and Program Overview

Mission

Working to transform the region's economy through entrepreneurship and innovation.

Grow a strong, vibrant startup ecosystem of companies, entrepreneurs, and talent in tucson.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$182,413$452,941▲ $270,528
Accounts Receivable$124,090$32,034▼ $92,056
Prepaid Expenses and Deferred Charges$2,602$445▼ $2,157
Total Assets$309,105$485,420▲ $176,315
Liabilities
Accounts Payable and Accrued Expenses$2,751$34,961▲ $32,210
Total Liabilities$2,751$34,961▲ $32,210
Net Assets / Fund Balance
Unrestricted Net Assets$306,354$450,459▲ $144,105
Total Net Assets Fund Balance$306,354$450,459▲ $144,105
Total Liabilities and Net Assets / Fund Balance$309,105$485,420▲ $176,315
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Justin WilliamsDirector, Chair, & CEOPT$60,000$60,000

Board Members and Trustees

NameTitle
David SmallhouseDirector
Fletcher MccuskerDirector
Harry GeorgeDirector
Curtis GunnDirector & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$495,167
Program Service Revenue
$50,293
Investment Income
$0
Other Revenue
$8,000
All Other Contributions
$91,481
Change in Net Assets
$144,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$282,179
Salaries, Compensation, and Employee Benefits$126,926
Total Fundraising Expense$18,082
Grants and Similar Amounts Paid$250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$111,638$1,955-$113,593
Fees for Services Other$73,222$4,236$4,102$81,560
Occupancy$33,046$29,741$3,305$66,092
Current Officers, Directors, Trustees, and Key Employees$40,000$15,000$5,000$60,000
Other Salaries and Wages$38,997$14,477$4,432$57,906
Payroll Taxes$6,043$2,255$722$9,020
Advertising$6,230-$328$6,558
Office Expenses$1,299$1,169$130$2,598
Fees for Services Accounting-$2,550-$2,550
Travel$2,204--$2,204
Insurance$861$860-$1,721
Information Technology$631$568$63$1,262
Other Expenses-$1,111-$1,111
Grants to Domestic Orgs$250--$250
Total Functional Expenses$314,421$76,852$18,082$409,355
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is prepared by an external cpa firm using information provided by the organization. The form is reviewed by the organization's chief executive officer and board of directors prior to being finalized.

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

No officer or director of the corporation ("corporate official") shall participate in the decision making process on any matter in which such corporate official or a relative of such corporate official has any interest. Upon learning that the board of directors is involved in a matter in which a corporate official is an interested party, the corporate official shall notify the chairperson of the board and shall immediately withdraw from any further consideration or discussion with the board of directors or other officers or employees of the corporation with respect thereto. Upon receipt of notice from a corporate official that such corporate official has an interest in a matter in which the corporation is involved, the chairperson shall remove such corporate official from any deliberation and not furnish or provide him or her with the information pertaining to that matter which is furnished to the other directors; except to the extent that such information is generally available to the public at large. At the time a person becomes a board member such person shall complete and submit to the chairman of the board or president a signed statement which affirms such corporate official has (i) received a copy of these bylaws, (ii) has read and understands the conflict of interest policies contained in these bylaws, and (iii) has agreed to comply with such policies.

Form 990, Part VI, Section B, Line 15

The board of directors determines compensation for the ceo and senior executives of the organization. The ceo's compensation was determined in july 2014 and documented in the board minutes.

Form 990, Part VI, Section C, Line 19

The articles of incorporation are available on the arizona corporation commission's website. Form 990 is available on guidestar and on request, and form 1023 is available on request.

Filing and Contact Details

Filer

Filer Name
Startup Tucson
EIN
46-0801496
Phone
5204778278
Address
PO BOX 1214, TUCSON, AZ 85702

Signing Officer

Name
Justin Williams
Title
CEO
Phone
5204778278
Signed
2018-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Williams
Formed
2012
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
120

Preparer

Firm
Beachfleischman Pc
Address
1985 E RIVER ROAD SUITE 201, TUCSON, AZ 85718
Preparer
Karen K Mccloskey CPA
Phone
5203214600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees: program service expenses 72,693. Management and general expenses 4,039. Fundraising expenses 4,039. Total expenses 80,771. Payroll fees: program service expenses 529. Management and general expenses 197. Fundraising expenses 63. Total expenses 789.

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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/ExplanationTxt0FORM 990 IS PREPARED BY AN EXTERNAL CPA FIRM USING INFORMATION PROVIDED BY THE ORGANIZATION. THE FORM IS REVIEWED BY THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND BOARD OF DIRECTORS PRIOR TO BEING FINALIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO OFFICER OR DIRECTOR OF THE CORPORATION ("CORPORATE OFFICIAL") SHALL PARTICIPATE IN THE DECISION MAKING PROCESS ON ANY MATTER IN WHICH SUCH CORPORATE OFFICIAL OR A RELATIVE OF SUCH CORPORATE OFFICIAL HAS ANY INTEREST. UPON LEARNING THAT THE BOARD OF DIRECTORS IS INVOLVED IN A MATTER IN WHICH A CORPORATE OFFICIAL IS AN INTERESTED PARTY, THE CORPORATE OFFICIAL SHALL NOTIFY THE CHAIRPERSON OF THE BOARD AND SHALL IMMEDIATELY WITHDRAW FROM ANY FURTHER CONSIDERATION OR DISCUSSION WITH THE BOARD OF DIRECTORS OR OTHER OFFICERS OR EMPLOYEES OF THE CORPORATION WITH RESPECT THERETO. UPON RECEIPT OF NOTICE FROM A CORPORATE OFFICIAL THAT SUCH CORPORATE OFFICIAL HAS AN INTEREST IN A MATTER IN WHICH THE CORPORATION IS INVOLVED, THE CHAIRPERSON SHALL REMOVE SUCH CORPORATE OFFICIAL FROM ANY DELIBERATION AND NOT FURNISH OR PROVIDE HIM OR HER WITH THE INFORMATION PERTAINING TO THAT MATTER WHICH IS FURNISHED TO THE OTHER DIRECTORS; EXCEPT TO THE EXTENT THAT SUCH INFORMATION IS GENERALLY AVAILABLE TO THE PUBLIC AT LARGE. AT THE TIME A PERSON BECOMES A BOARD MEMBER SUCH PERSON SHALL COMPLETE AND SUBMIT TO THE CHAIRMAN OF THE BOARD OR PRESIDENT A SIGNED STATEMENT WHICH AFFIRMS SUCH CORPORATE OFFICIAL HAS (I) RECEIVED A COPY OF THESE BYLAWS, (II) HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICIES CONTAINED IN THESE BYLAWS, AND (III) HAS AGREED TO COMPLY WITH SUCH POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE CEO AND SENIOR EXECUTIVES OF THE ORGANIZATION. THE CEO'S COMPENSATION WAS DETERMINED IN JULY 2014 AND DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ARTICLES OF INCORPORATION ARE AVAILABLE ON THE ARIZONA CORPORATION COMMISSION'S WEBSITE. FORM 990 IS AVAILABLE ON GUIDESTAR AND ON REQUEST, AND FORM 1023 IS AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING FEES: PROGRAM SERVICE EXPENSES 72,693. MANAGEMENT AND GENERAL EXPENSES 4,039. FUNDRAISING EXPENSES 4,039. TOTAL EXPENSES 80,771. PAYROLL FEES: PROGRAM SERVICE EXPENSES 529. MANAGEMENT AND GENERAL EXPENSES 197. FUNDRAISING EXPENSES 63. TOTAL EXPENSES 789.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.87.239.202
ReturnHeader/FilingSecurityInformation/IPDt02018-01-18
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ReturnHeader/FilingSecurityInformation/IPTm020:39:55
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01985 E RIVER ROAD SUITE 201
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085718
ReturnHeader/PreparerPersonGrp/PhoneNum05203214600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN K MCCLOSKEY CPA
ReturnHeader/ReturnTs02018-01-26T16:31:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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