Civic Intelligence

43North Bpc Inc.

990 • Fiscal year 2021 • EIN 47-2878159

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 27, 2023

Organization ProfileWWW.43NORTH.ORG
1 W Seneca St Flr 24Buffalo, NY 14203

(716) 207-1566

Siviq Scores

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

Liabilities / Assets

27th percentile

0.05x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

40th percentile

0.24x

Higher debt load relative to revenue than 40% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Net Margin

1st percentile

-1524%

Higher net margin than 1% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

49th percentile

$166,675

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2021 filings • NTEE S • $10M-$25M nonprofits • Source year 2021

Asset Growth

1st percentile

-75%

Faster asset growth than 1% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • NTEE S • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$13,425,800

Down $40,111,392 (-75%) from 2020

Net Assets

Down

$12,709,232

Down $40,480,348 (-76%) from 2020

Liabilities

Up

$716,568

Up $368,956 (+106%) from 2020

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin1st percentile

Revenue

Down

$3,001,464

Down $29,379,636 (-91%) from 2020

Expenses

Up

$48,748,593

Up $21,260,967 (+77%) from 2020

Net Income

Down

-$45,747,129

Down $50,640,603 (-1035%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$60M$40M$20M$0Assets 2015: $2,724,597Liabilities 2015: $2,596,415Net Assets 2015: $128,1822015Assets 2016: $2,677,529Liabilities 2016: $2,112,505Net Assets 2016: $565,0242016Assets 2017: $4,968,028Liabilities 2017: $4,822,250Net Assets 2017: $145,7782017Assets 2018: $2,714,463Liabilities 2018: $2,484,991Net Assets 2018: $229,4722018Assets 2019: $2,468,830Liabilities 2019: $530,814Net Assets 2019: $1,938,0162019Assets 2020: $53,537,192Liabilities 2020: $347,612Net Assets 2020: $53,189,5802020Assets 2021: $13,425,800Liabilities 2021: $716,568Net Assets 2021: $12,709,2322021Assets 2022: $13,369,607Liabilities 2022: $3,085,563Net Assets 2022: $10,284,0442022Assets 2023: $12,481,837Liabilities 2023: $3,360,464Net Assets 2023: $9,121,3732023Assets 2024: $10,878,353Liabilities 2024: $5,206,354Net Assets 2024: $5,671,9992024

Highlighted filing

2021

Assets$13,425,800
Liabilities$716,568
Net Assets$12,709,232
Open 2021 Filing

Operations Trend

Revenue Growth1st percentile

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

$50M$0-$50MRevenue 2015: $4,886,651Expenses 2015: $4,758,469Net Income 2015: $128,1822015Revenue 2016: $7,352,202Expenses 2016: $6,915,360Net Income 2016: $436,8422016Revenue 2017: $6,452,906Expenses 2017: $6,872,152Net Income 2017: -$419,2462017Revenue 2018: $8,636,346Expenses 2018: $8,552,652Net Income 2018: $83,6942018Revenue 2019: $9,970,647Expenses 2019: $8,262,103Net Income 2019: $1,708,5442019Revenue 2020: $32,381,100Expenses 2020: $27,487,626Net Income 2020: $4,893,4742020Revenue 2021: $3,001,464Expenses 2021: $48,748,593Net Income 2021: -$45,747,1292021Revenue 2022: $8,181,242Expenses 2022: $8,477,223Net Income 2022: -$295,9812022Revenue 2023: $8,839,623Expenses 2023: $8,993,147Net Income 2023: -$153,5242023Revenue 2024: $9,805,205Expenses 2024: $10,031,073Net Income 2024: -$225,8682024

Highlighted filing

2021

Revenue$3,001,464
Expenses$48,748,593
Net Income-$45,747,129
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 27, 2023
Return Version
2021v4.2
Gross Receipts
$3,001,464
Mission and Program Overview

Mission

To conduct a global business plan competition promoting the buffalo/niagara region and western new york as an emerging entrepreneurial center of activity for startup companies, to attract new businesses and new business ideas to western new york, and to provide financial and entrepreneurial support to contest winners and other startups locating their companies in western new york.

To conduct a global business plan copmetition promoting the buffalo/niagara region and western new york as an emerging entrepreneurial center of activity for start up companies. To attract new businesses and new business ideas to western new york, and to provide financial and entrepreneurial support to contest winners and other startups locating their companies in western new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$46,358,090$10,985,097▼ $35,372,993
Land, Buildings, and Equipment, Net$1,782,760$1,343,605▼ $439,155
Cash and Non-Interest-Bearing Accounts$5,306,439$957,859▼ $4,348,580
Pledges and Grants Receivable$44,537$130,053▲ $85,516
Prepaid Expenses and Deferred Charges$45,366$9,186▼ $36,180
Total Assets$53,537,192$13,425,800▼ $40,111,392
Liabilities
Deferred Revenue$0$527,054▲ $527,054
Accounts Payable and Accrued Expenses$164,512$189,514▲ $25,002
Unsecured Notes Loans Payable$183,100$0▼ $183,100
Total Liabilities$347,612$716,568▲ $368,956
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,189,580$12,709,232▼ $39,480,348
Net Assets With Donor Restrictions$1,000,000$0▼ $1,000,000
Total Net Assets Fund Balance$53,189,580$12,709,232▼ $40,480,348
Total Liabilities and Net Assets / Fund Balance$53,537,192$13,425,800▼ $40,111,392

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$916,504$580,802$1,497,306
Equipment$427,101$297,724$724,825
Other Securities$10,985,097--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colleen HeidingerPresidentFT$152,500$14,175$166,675
Maura DevlinVice PresidentFT$122,100$19,409$141,509

Board Members and Trustees

NameTitle
Eric RiechChair
Bill MaggioImmediate Past Chair
Lauren RivettVice President
Christina OrsiDirector
Cletis EarleDirector
Jordy LevyDirector
Mike WislerDirector
Pete GrumDirector
Norma NowakTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jemal's Seneca One LLC Co Ciminelli ReaReal Estate50 FOUNTAIN PLAZA SUITE 50, Buffalo, NY 14203$456,600
15 Fingers LLCMarketing And Advertising599 DELAWARE AVE SUITE 215, Buffalo, NY 14202$156,505
Revenue and Support

Revenue Composition

Contributions and Grants
$2,873,537
Program Service Revenue
$0
Investment Income
$87
Other Revenue
$127,840
All Other Contributions
$563,422
Change in Net Assets
$-45,747,129

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,001,464
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,001,464
Total Revenue per Form 990
$3,001,464
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,138,661
Other Expenses$2,650,927
Salaries, Compensation, and Employee Benefits$959,005
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$45,138,661--$45,138,661
Advertising$1,338,224--$1,338,224
Occupancy$513,915$956-$514,871
Other Salaries and Wages$478,211$26,586-$504,797
Depreciation Depletion-$439,155-$439,155
Current Officers, Directors, Trustees, and Key Employees$219,680$54,920-$274,600
Travel$123,123$28,471-$151,594
Other Employee Benefits$85,824$2,548-$88,372
Payroll Taxes$68,406$8,263-$76,669
Fees for Services Management$23,183$30,686-$53,869
Office Expenses-$34,726-$34,726
Fees for Services Accounting$33,195--$33,195
Fees for Services Legal$30,364--$30,364
Pension Plan Contributions$13,347$1,220-$14,567
Insurance-$7,162-$7,162
Other Expenses$22,389$1,914-$1,914
All Other Expenses-$759-$759
Total Functional Expenses$48,088,522$660,071$0$48,748,593

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$48,748,593
Total Expenses per Audited Statements$48,748,593
Total Expenses per Form 990$48,748,593
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
43north Foundation IncBuffalo, NY-Growth and Working Capital$3,498,887
Airzaar IncBuffalo, NY-Growth and Working Capital$300,000
Cleanfiber IncBlasdell, NY-Growth and Working Capital$300,000
Kangarootime IncBuffalo, NY501c3Growth and Working Capital$300,000
Immersed Games IncBuffalo, NY-Growth and Working Capital$33,334
Rally Bus CorpNew York, NY-Growth and Working Capital$33,333
WhoseyourlandlordBuffalo, NY-Growth and Working Capital$33,333
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
Audit committee
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
No
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 board reviews the 990 before filing with the irs.”

FORM 990, PART VI, LINE 12B:

“The 990 is provided electronically to the audit and finance committee”

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

“All board members and key employees sign the policy annually.”

Form 990, Part VI, Section B, Line 15A

“The audit committee obtains comparable salaries and makes recommendation to the board for approval.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
43north Bpc Inc
EIN
47-2878159
Phone
7162071566
Address
1 W SENECA ST FLR 24, BUFFALO, NY 14203

Signing Officer

Name
Colleen Heidinger
Title
President
Phone
7162071566
Signed
2023-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Heidinger
Formed
2015
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
16
Volunteers
500

Preparer

Firm
Freed Maxick Cpas Pc
Address
ONE EVANS STREET, BATAVIA, NY 14020-3110
Preparer
Nicole M White
Phone
5853441967
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2:

“All payroll and human resources functions are outsources to a professional employment organization. This contract establishes a co-employment relationship between 43north and the employment organization. Under this relationship, the employment organization assumes responsibility for risk manage,ent, personnel management, human resource compliance and payroll and employee tax compliance. All payroll tax filings for the 43north employees are filed by and included as part of the employment organization.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior years”

Amended Return Explanation

“We are amending the return to agree with the issued financial statements that occured after the due date of the return. Part x line 12 was amended for a change in the value of the investment account part xi line 5 was amended for a change in the net unrealized gain on investments”

Raw XML AppendixShowing 400 of 591 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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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07162
IRS990/InsuranceGrp/TotalAmt07162
IRS990/InvestmentIncomeGrp/ExclusionAmt087
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt087
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt046358090
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt010985097
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0878526
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01782760
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01343605
IRS990/LandBldgEquipCostOrOtherBssAmt02222131
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONDUCT A GLOBAL BUSINESS PLAN COMPETITION PROMOTING THE BUFFALO/NIAGARA REGION AND WESTERN NEW YORK AS AN EMERGING ENTREPRENEURIAL CENTER OF ACTIVITY FOR STARTUP COMPANIES, TO ATTRACT NEW BUSINESSES AND NEW BUSINESS IDEAS TO WESTERN NEW YORK, AND TO PROVIDE FINANCIAL AND ENTREPRENEURIAL SUPPORT TO CONTEST WINNERS AND OTHER STARTUPS LOCATING THEIR COMPANIES IN WESTERN NEW YORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt053189580
IRS990/NetAssetsOrFundBalancesEOYAmt012709232
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0127840
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0127840
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05266781
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt052189580
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012709232
IRS990/NoncashContributionsAmt013422
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0956
IRS990/OccupancyGrp/ProgramServicesAmt0513915
IRS990/OccupancyGrp/TotalAmt0514871
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt034726
IRS990/OfficeExpensesGrp/TotalAmt034726
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02548
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt085824
IRS990/OtherEmployeeBenefitsGrp/TotalAmt088372
IRS990/OtherExpensesGrp/Desc0JUDGING EXPENSE
IRS990/OtherExpensesGrp/Desc1SENECA ONE EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTION
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013678
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19027
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21914
IRS990/OtherExpensesGrp/ProgramServicesAmt022389
IRS990/OtherExpensesGrp/TotalAmt022389
IRS990/OtherExpensesGrp/TotalAmt113678
IRS990/OtherExpensesGrp/TotalAmt29027
IRS990/OtherExpensesGrp/TotalAmt31914
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026586
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0478211
IRS990/OtherSalariesAndWagesGrp/TotalAmt0504797
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08263
IRS990/PayrollTaxesGrp/ProgramServicesAmt068406
IRS990/PayrollTaxesGrp/TotalAmt076669
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01220
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013347
IRS990/PensionPlanContributionsGrp/TotalAmt014567
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt044537
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0130053
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt045366
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09186
IRS990/PrincipalOfficerNm0COLLEEN HEIDINGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt028861055
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt024202500
IRS990/PYInvestmentIncomeAmt03499500
IRS990/PYOtherExpensesAmt02335133
IRS990/PYOtherRevenueAmt020545
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04893474
IRS990/PYSalariesCompEmpBnftPaidAmt0949993
IRS990/PYTotalExpensesAmt027487626
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt032381100
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-45747129
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0127840
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02873537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08561055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09919011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08592739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06437593
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt036383935
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt087
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026585
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05199
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt058984
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt020545
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt025051
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038408
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt015313
IRS990ScheduleA/OtherIncome170Grp/TotalAmt099317
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99570
IRS990ScheduleA/PublicSupportPY170Pct00.95640
IRS990ScheduleA/PublicSupportTotal170Amt036383935
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02873537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08561055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09919011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08592739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06437593
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt036383935
IRS990ScheduleA/TotalSupportAmt036542236
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0427101
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0297724
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0724825
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt048748593
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0916504
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0580802
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01497306
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt010985097
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN STARTUP VENTURES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03001464
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01343605
IRS990ScheduleD/TotalBookValueSecuritiesAmt010985097
IRS990ScheduleD/TotalExpensesPerForm990Amt048748593
IRS990ScheduleD/TotalRevenuePerForm990Amt03001464
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03001464
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt048748593
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0300000
IRS990ScheduleI/RecipientTable/CashGrantAmt133334
IRS990ScheduleI/RecipientTable/CashGrantAmt233333
IRS990ScheduleI/RecipientTable/CashGrantAmt3300000
IRS990ScheduleI/RecipientTable/CashGrantAmt433333
IRS990ScheduleI/RecipientTable/CashGrantAmt53498887
IRS990ScheduleI/RecipientTable/CashGrantAmt6300000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt540639774
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GROWTH AND WORKING CAPITAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KANGAROOTIME INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1IMMERSED GAMES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2RALLY BUS CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3AIRZAAR INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4WHOSEYOURLANDLORD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt543NORTH FOUNDATION INC

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,425,800
Liabilities
$716,568
Net assets
$12,709,232
Revenue
$3,001,464
Expenses
$48,748,593
Net income
-$45,747,129
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$5.21$5.67$9.81$10.0$0.23
2023Detailed filing. Detailed filing data is available for this year.$12.5$3.36$9.12$8.84$8.99$0.15
2022Detailed filing. Detailed filing data is available for this year.$13.4$3.09$10.3$8.18$8.48$0.30
2021Detailed filing. Detailed filing data is available for this year.$13.4$0.72$12.7$3.00$48.7$45.7
2020Detailed filing. Detailed filing data is available for this year.$53.5$0.35$53.2$32.4$27.5$4.89
2019Detailed filing. Detailed filing data is available for this year.$2.47$0.53$1.94$9.97$8.26$1.71
2018Detailed filing. Detailed filing data is available for this year.$2.71$2.48$0.23$8.64$8.55$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.97$4.82$0.15$6.45$6.87$0.42
2016Detailed filing. Detailed filing data is available for this year.$2.68$2.11$0.57$7.35$6.92$0.44
2015Detailed filing. Detailed filing data is available for this year.$2.72$2.60$0.13$4.89$4.76$0.13