Civic Intelligence

Startup Tucson

990 • Fiscal year 2023 • EIN 46-0801496

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 23, 2024

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

66th percentile

0.18x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

57th percentile

0.13x

Higher debt load relative to revenue than 57% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$185,669

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

79th percentile

24%

Faster asset growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

30th percentile

-5.4%

Faster revenue growth than 30% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$700,972

Up $137,139 (+24%) from 2022

Net Assets

Up

$573,621

Up $19,545 (+3.5%) from 2022

Liabilities

Up

$127,351

Up $117,594 (+1205%) from 2022

Revenue

Down

$1,013,072

Down $58,297 (-5.4%) from 2022

Expenses

Down

$993,527

Down $9,454 (-0.9%) from 2022

Net Income

Down

$19,545

Down $48,843 (-71%) from 2022

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

2023

Assets$700,972
Liabilities$127,351
Net Assets$573,621

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

2023

Revenue$1,013,072
Expenses$993,527
Net Income$19,545
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 23, 2024
Return Version
2023v5.1
Gross Receipts
$1,013,072
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$182,202$307,496▲ $125,294
Accounts Receivable$230,333$242,146▲ $11,813
Savings and Temporary Cash Investments$108,731$108,763▲ $32
Total Assets$563,833$700,972▲ $137,139
Other Assets Total$42,567$42,567→ $0
Liabilities
Deferred Revenue$0$110,000▲ $110,000
Accounts Payable and Accrued Expenses$9,757$17,351▲ $7,594
Total Liabilities$9,757$127,351▲ $117,594
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$554,076$573,621▲ $19,545
Total Net Assets Fund Balance$554,076$573,621▲ $19,545
Total Liabilities and Net Assets / Fund Balance$563,833$700,972▲ $137,139

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$42,567--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth PocockCEOFT$168,000$17,669$185,669

Board Members and Trustees

NameTitle
Fletcher MccuskerDirector & Chair
Andrew MoreDirector
Gina CatalanoDirector
Joann MacmasterDirector & Secretary
David SmallhouseDirector & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ranch House Media LLCEvent Management Services64 N LAZY PLACE, Tucson, AZ 85745$112,350
Revenue and Support

Revenue Composition

Contributions and Grants
$913,940
Program Service Revenue
$90,109
Investment Income
$33
Other Revenue
$8,990
All Other Contributions
$505,272
Change in Net Assets
$19,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$514,110
Other Expenses$395,167
Grants and Similar Amounts Paid$84,250
Total Fundraising Expense$59,286
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$264,354$2,068$2,953$269,375
Conferences and Meetings$186,878$6,211$10,218$203,307
Current Officers, Directors, Trustees, and Key Employees$139,251$27,850$18,567$185,668
Fees for Services Other$95,419$1,057$250$96,726
Grants to Domestic Orgs$69,500--$69,500
Advertising$17,119$348$18,625$36,092
Payroll Taxes$29,498$2,224$1,498$33,220
Other Employee Benefits$6,758$16,451-$23,209
Fees for Services Accounting-$21,830-$21,830
Information Technology$17,879$3,722-$21,601
Grants to Domestic Individuals$14,750--$14,750
Travel$1,753$61$7,175$8,989
Office Expenses$111$4,262-$4,373
Pension Plan Contributions-$2,638-$2,638
Insurance-$1,971-$1,971
Other Expenses$246--$246
Occupancy-$32-$32
Total Functional Expenses$843,516$90,725$59,286$993,527
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Berry CulturedPhoenix, AZ-Ideafunding Award & Prize$30,000
Nexoterra LLCTucson, AZ-Mcguire Boost Prize & Ideafunding Award$7,000
Cocktail Lab Az LLCTucson, AZ-Ideafunding Award & Prize$6,000
Grav InnovationsTucson, AZ-Ideafunding Award & Prize$6,000
Vyzzie LLCTucson, AZ-Mcguire Boost Prize$6,000
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
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 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
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 and bonus was determined in 2023 and documented in the executive board minutes and via e-mail communications with the organization's external bookkeeper.

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
Elizabeth Pocock
Title
CEO
Phone
5204778278
Signed
2024-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Pocock
Formed
2012
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
9
Volunteers
200

Preparer

Firm
Beachfleischman Pllc
Address
1985 E RIVER ROAD SUITE 201, TUCSON, AZ 85718
Preparer
Monica a Vera CPA
Phone
5203214600
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

Volunteers include our 5 board members, 75 volunteer mentors, 100 tenwest conference speakers and panelists, and 20 tenwest volunteers. Our mentors help provide advice and guidance to our startup founders and entrepreneurs through direct one-to-one support, office hours, judging and teaching at events and instructing educational sessions. Our speakers host sessions and sit on panels, volunteering their time to support our tenwest conference. Our tenwest volunteers support conference and event registration, act as moderators and assist with conference production.

Form 990, Part III, Line 4A

Startup tucson provides comprehensive wrap-around services for entrepreneurs that include discovery & networking events, educational programming, and a free membership hub called the startup tucson network. We are also known for two of our larger regional ecosystem building events, tenwest festival of innovation and ideafunding. In 2023, startup tucson had the following program successes: -startup tucson continued to deliver monthly 101 and fundamentals workshops and one-to-one coaching sessions with entrepreneurs. In 2023, startup tucson served over 3,000 entrepreneurs and had 300+ members active in its startup network. With funding from the usda farmer's market promotion program, startup tucson continued its food forward program, specifically designed to help support entrepreneurs launching and growing food businesses. This program saw two cohorts of graduates in 2023, helped entrepreneurs develop new e-commerce websites and build an online platform for consumers to buy local food products. -with funding from the eda, startup tucson continued to run its sprint challenge program. This program included e-commerce and prototyping online masterclasses, pairings with statewide mentors and use of the newly built launch lab that includes prototyping and media spaces and tools. -with funding from the eda, startup tucson continued its rising arizona investor network to support local entrepreneurs that want to learn about investing in local diverse founders. -tenwest impact festival returned in person with over 1800 conference attendees and the tenwest street fest. The ideafunding pitch competition and training had a record number of applicants and prizes of over $75,000 was distributed to local entrepreneurs.

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IRS990/QuidProQuoContributionsInd01
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IRS990/ReconcilationRevenueExpnssAmt019545
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
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IRS990/ReportLandBuildingEquipmentInd00
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IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt088
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0406
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0341452
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89480
IRS990ScheduleA/PublicSupportPY170Pct00.92630
IRS990ScheduleA/PublicSupportTotal170Amt03132905
IRS990ScheduleA/SubstantialContributorsTotAmt0367808
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0238864
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0526637
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03500713
IRS990ScheduleA/TotalSupportAmt03501119
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt042567
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ERC RECEIVABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt042567
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt22250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt31000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TENWEST AWARD & PRIZE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1REMOTE TUCSON AWARD AND PRIZE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ARTIST FEES & HONORARIUMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3FOOD FOWARD AWARD & PRIZE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt111
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt24
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt33
IRS990ScheduleI/RecipientTable/CashGrantAmt030000
IRS990ScheduleI/RecipientTable/CashGrantAmt16000
IRS990ScheduleI/RecipientTable/CashGrantAmt26000
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt47000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0IDEAFUNDING AWARD & PRIZE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1IDEAFUNDING AWARD & PRIZE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2IDEAFUNDING AWARD & PRIZE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MCGUIRE BOOST PRIZE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4MCGUIRE BOOST PRIZE & IDEAFUNDING AWARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BERRY CULTURED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GRAV INNOVATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COCKTAIL LAB AZ LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3VYZZIE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4NEXOTERRA LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0842995570
IRS990ScheduleI/RecipientTable/RecipientEIN1921747920
IRS990ScheduleI/RecipientTable/RecipientEIN2883397974
IRS990ScheduleI/RecipientTable/RecipientEIN3931971851
IRS990ScheduleI/RecipientTable/RecipientEIN4931840910
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0530 E MC DOWELL ROAD 107-216
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt144 N STONE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21501 N WINSTEL BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3405 W FRANKLIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt49040 S RITA ROAD SUITE 1270
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PHOENIX
IRS990ScheduleI/RecipientTable/USAddress/CityNm1TUCSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2TUCSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm3TUCSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm4TUCSON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3AZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4AZ
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd185701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd285716
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd385701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd485747
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AWARDS ARE GIVEN TO WINNERS OF THE IDEAFUNDING PITCH COMPETITION DURING THE TENWEST FESTIVAL. THE AWARDS AND PRIZES DISTRIBUTED IN 2023 WERE TO THE WINNERS OF THE 2023 COMPETITION AFTER THEY COMPLETED THE NECESSARY STEPS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt05
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0168000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05040
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07629
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ELIZABETH POCOCK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0185669
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS INCLUDE OUR 5 BOARD MEMBERS, 75 VOLUNTEER MENTORS, 100 TENWEST CONFERENCE SPEAKERS AND PANELISTS, AND 20 TENWEST VOLUNTEERS. OUR MENTORS HELP PROVIDE ADVICE AND GUIDANCE TO OUR STARTUP FOUNDERS AND ENTREPRENEURS THROUGH DIRECT ONE-TO-ONE SUPPORT, OFFICE HOURS, JUDGING AND TEACHING AT EVENTS AND INSTRUCTING EDUCATIONAL SESSIONS. OUR SPEAKERS HOST SESSIONS AND SIT ON PANELS, VOLUNTEERING THEIR TIME TO SUPPORT OUR TENWEST CONFERENCE. OUR TENWEST VOLUNTEERS SUPPORT CONFERENCE AND EVENT REGISTRATION, ACT AS MODERATORS AND ASSIST WITH CONFERENCE PRODUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STARTUP TUCSON PROVIDES COMPREHENSIVE WRAP-AROUND SERVICES FOR ENTREPRENEURS THAT INCLUDE DISCOVERY & NETWORKING EVENTS, EDUCATIONAL PROGRAMMING, AND A FREE MEMBERSHIP HUB CALLED THE STARTUP TUCSON NETWORK. WE ARE ALSO KNOWN FOR TWO OF OUR LARGER REGIONAL ECOSYSTEM BUILDING EVENTS, TENWEST FESTIVAL OF INNOVATION AND IDEAFUNDING. IN 2023, STARTUP TUCSON HAD THE FOLLOWING PROGRAM SUCCESSES: -STARTUP TUCSON CONTINUED TO DELIVER MONTHLY 101 AND FUNDAMENTALS WORKSHOPS AND ONE-TO-ONE COACHING SESSIONS WITH ENTREPRENEURS. IN 2023, STARTUP TUCSON SERVED OVER 3,000 ENTREPRENEURS AND HAD 300+ MEMBERS ACTIVE IN ITS STARTUP NETWORK. WITH FUNDING FROM THE USDA FARMER'S MARKET PROMOTION PROGRAM, STARTUP TUCSON CONTINUED ITS FOOD FORWARD PROGRAM, SPECIFICALLY DESIGNED TO HELP SUPPORT ENTREPRENEURS LAUNCHING AND GROWING FOOD BUSINESSES. THIS PROGRAM SAW TWO COHORTS OF GRADUATES IN 2023, HELPED ENTREPRENEURS DEVELOP NEW E-COMMERCE WEBSITES AND BUILD AN ONLINE PLATFORM FOR CONSUMERS TO BUY LOCAL FOOD PRODUCTS. -WITH FUNDING FROM THE EDA, STARTUP TUCSON CONTINUED TO RUN ITS SPRINT CHALLENGE PROGRAM. THIS PROGRAM INCLUDED E-COMMERCE AND PROTOTYPING ONLINE MASTERCLASSES, PAIRINGS WITH STATEWIDE MENTORS AND USE OF THE NEWLY BUILT LAUNCH LAB THAT INCLUDES PROTOTYPING AND MEDIA SPACES AND TOOLS. -WITH FUNDING FROM THE EDA, STARTUP TUCSON CONTINUED ITS RISING ARIZONA INVESTOR NETWORK TO SUPPORT LOCAL ENTREPRENEURS THAT WANT TO LEARN ABOUT INVESTING IN LOCAL DIVERSE FOUNDERS. -TENWEST IMPACT FESTIVAL RETURNED IN PERSON WITH OVER 1800 CONFERENCE ATTENDEES AND THE TENWEST STREET FEST. THE IDEAFUNDING PITCH COMPETITION AND TRAINING HAD A RECORD NUMBER OF APPLICANTS AND PRIZES OF OVER $75,000 WAS DISTRIBUTED TO LOCAL ENTREPRENEURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 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/ExplanationTxt3NO 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/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE CEO AND SENIOR EXECUTIVES OF THE ORGANIZATION. THE CEO'S COMPENSATION AND BONUS WAS DETERMINED IN 2023 AND DOCUMENTED IN THE EXECUTIVE BOARD MINUTES AND VIA E-MAIL COMMUNICATIONS WITH THE ORGANIZATION'S EXTERNAL BOOKKEEPER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15

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