Civic Intelligence

Grid110 Inc.

990EZ • Fiscal year 2017 • EIN 47-4318779

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 24, 2019

800 Wilshire Boulevard Suite 200Los Angeles, CA 90017

(424) 257-0289

Siviq Scores

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

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$48,273

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 51.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Assets

$93,920

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$93,920

No earlier filing loaded for comparison.

Revenue

$94,005

No earlier filing loaded for comparison.

Expenses

$94,005

No earlier filing loaded for comparison.

Net Income

$0

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 2017: $93,920Liabilities 2017: $93,920Net Assets 2017: $02017Assets 2018: $138,786Liabilities 2018: $138,786Net Assets 2018: $02018Assets 2019: $15,230Liabilities 2019: $36,085Net Assets 2019: -$20,8552019Assets 2020: $83,621Liabilities 2020: $3,306Net Assets 2020: $80,3152020Assets 2021: $199,287Liabilities 2021: $131,904Net Assets 2021: $67,3832021Assets 2022: $155,027Liabilities 2022: $129,164Net Assets 2022: $25,8632022Assets 2023: $195,647Liabilities 2023: $3,033Net Assets 2023: $192,6142023Assets 2024: $451,448Liabilities 2024: $161,075Net Assets 2024: $290,3732024

Highlighted filing

2017

Assets$93,920
Liabilities$93,920
Net Assets$0

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $94,005Expenses 2017: $94,005Net Income 2017: $02017Revenue 2018: $289,478Expenses 2018: $289,478Net Income 2018: $02018Revenue 2019: $375,634Expenses 2019: $396,489Net Income 2019: -$20,8552019Revenue 2020: $567,693Expenses 2020: $465,793Net Income 2020: $101,9002020Revenue 2021: $639,161Expenses 2021: $652,093Net Income 2021: -$12,9322021Revenue 2022: $626,792Expenses 2022: $703,209Net Income 2022: -$76,4172022Revenue 2023: $736,849Expenses 2023: $570,098Net Income 2023: $166,7512023Revenue 2024: $421,584Expenses 2024: $407,859Net Income 2024: $13,7252024

Highlighted filing

2017

Revenue$94,005
Expenses$94,005
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 24, 2019
Return Version
2017v2.3
Gross Receipts
$94,005
Mission and Program Overview

Mission

Grid110 is an economic and community development organization that connects early-stage entrepreneurs to mentoring and critical resources through free programs. The focus is to activate community and help entrepreneurs realize sustainable growth paths that allow them to scale their businesses (and teams) right here in los angeles. Our mission is to foster the most thriving, inviting & inclusive community for entrepreneurs in los angeles. We believe that anyone with the goal of becoming an entrepreneur should have the chance to pursue it and receive support along the way. Our work impacts individuals who are often overlooked by traditional entrepreneurial ecosystems. That's what drives us to make the entrepreneurial path more equitable, inclusive and accessible.

Grid110 is an economic and community development organization that connects early-stage entrepreneurs to mentoring and critical resources through free programs. The focus is to activate community and help entrepreneurs realize sustainable growth paths that allow them to scale their businesses (and teams) right here in los angeles. The mission is to create a more inclusive startup ecosystem in los angeles by empowering diverse entrepreneurs, championing innovative ideas and ultimately supporting the growth of a vibrant community. Our goal is to make the entrepreneurial path more equitable, inclusive and accessible.

Program Services

DescriptionGrantsExpenses
RESIDENCY PROGRAM: FACILITATED 2 COHORTS OF EARLY STAGE ENTREPRENEURS (10 TOTAL COMPANIES), PROVIDING THEM WITH ACCESS TO FREE MENTORING AND CRITICAL RESOURCES.$0$48,095
IDEA TO PROTOTYPE: FACILIATED 1 COHORT OF BEGINNING STAGE ENTREPRENEURS (15 TOTAL COMPANIES), PROVIDING THEM WITH ACCESS TO FREE MENTORING AND CRITICAL RESOURCES.$0$24,048
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKI REYNOLDSExecutive Director/CFOFT$48,273-$48,273
STEPHEN KANECEO/Board ChairPT$0--
MEGAN SETTEBoard DirectorPT$0--
PRASHANT SAMANTBoard DirectorPT$0--
JARED GOODNERBoard DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Grid110 Inc
EIN
47-4318779
Phone
4242570289
Address
800 WILSHIRE BOULEVARD SUITE 200, LOS ANGELES, CA 90017

Signing Officer

Name
Miki Reynolds
Title
Executive Director/CFO
Phone
4242570289
Signed
2019-07-24
Discuss with paid preparer
Yes

Preparer

Firm
Green Hasson & Janks Llp
Address
10990 WILSHIRE BLVD 16TH FLOOR, LOS ANGELES, CA 90024-3929
Preparer
Lizbeth Nevarez
Phone
3108731600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 8. Description: bank charges. Amount: 153. Description: event supplies. Amount: 4,502. Description: insurance - liability. Amount: 1,173. Description: insurance - workers comp. Amount: 1,606. Description: interest expense. Amount: 7. Description: meals. Amount: 354. Description: office expenses. Amount: 108. Description: other general/admin expenses. Amount: 12,396. Description: payroll - tax. Amount: 21,956. Description: program meals. Amount: 2,281. Description: supplies. Amount: 236. Description: taxes and licenses. Amount: 45. Description: transportation. Amount: 690. Description: travel. Amount: 217. Total to form 990-ez, line 16: 45,732.

Form 990-ez, Part II, Line 24 - Other Assets

Description: pledges/donations receivable. Beg. Of year amount: 0. End of year amount: 3,238.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 2,998. Description: unearned revenue. Beg. Of year amount: 0. End of year amount: 90,922.

Raw XML Appendix150 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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IRS990EZ/BooksInCareOfDetail/PhoneNum04242570289
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0800 WILSHIRE BLVD 200
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKI REYNOLDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEPHEN KANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MEGAN SETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PRASHANT SAMANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JARED GOODNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR/CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO/BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt03238
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt045732
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GRID110 IS AN ECONOMIC AND COMMUNITY DEVELOPMENT ORGANIZATION THAT CONNECTS EARLY-STAGE ENTREPRENEURS TO MENTORING AND CRITICAL RESOURCES THROUGH FREE PROGRAMS. THE FOCUS IS TO ACTIVATE COMMUNITY AND HELP ENTREPRENEURS REALIZE SUSTAINABLE GROWTH PATHS THAT ALLOW THEM TO SCALE THEIR BUSINESSES (AND TEAMS) RIGHT HERE IN LOS ANGELES. THE MISSION IS TO CREATE A MORE INCLUSIVE STARTUP ECOSYSTEM IN LOS ANGELES BY EMPOWERING DIVERSE ENTREPRENEURS, CHAMPIONING INNOVATIVE IDEAS AND ULTIMATELY SUPPORTING THE GROWTH OF A VIBRANT COMMUNITY. OUR GOAL IS TO MAKE THE ENTREPRENEURIAL PATH MORE EQUITABLE, INCLUSIVE AND ACCESSIBLE.
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IRS990ScheduleA/TotalSupportAmt094005
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ADVERTISING. AMOUNT: 8. DESCRIPTION: BANK CHARGES. AMOUNT: 153. DESCRIPTION: EVENT SUPPLIES. AMOUNT: 4,502. DESCRIPTION: INSURANCE - LIABILITY. AMOUNT: 1,173. DESCRIPTION: INSURANCE - WORKERS COMP. AMOUNT: 1,606. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 7. DESCRIPTION: MEALS. AMOUNT: 354. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 108. DESCRIPTION: OTHER GENERAL/ADMIN EXPENSES. AMOUNT: 12,396. DESCRIPTION: PAYROLL - TAX. AMOUNT: 21,956. DESCRIPTION: PROGRAM MEALS. AMOUNT: 2,281. DESCRIPTION: SUPPLIES. AMOUNT: 236. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 45. DESCRIPTION: TRANSPORTATION. AMOUNT: 690. DESCRIPTION: TRAVEL. AMOUNT: 217. TOTAL TO FORM 990-EZ, LINE 16: 45,732.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PLEDGES/DONATIONS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,238.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,998. DESCRIPTION: UNEARNED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 90,922.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKI REYNOLDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR/CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04242570289
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRID110 INC
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ReturnHeader/Filer/EIN0474318779
ReturnHeader/Filer/PhoneNum04242570289
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 WILSHIRE BOULEVARD SUITE 200
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ReturnHeader/FilingSecurityInformation/IPTm012:29:45
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0951777440
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEN HASSON & JANKS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010990 WILSHIRE BLVD 16TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0900243929
ReturnHeader/PreparerPersonGrp/PhoneNum03108731600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LIZBETH NEVAREZ
ReturnHeader/ReturnTs02019-07-30T09:24:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings