Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Liabilities / Revenue
38th percentile
Higher debt load relative to revenue than 38% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 8.6% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Assets
Up$195,647
Up $40,620 (+26%) from 2022
Net Assets
Up$192,614
Up $166,751 (+645%) from 2022
Liabilities
Down$3,033
Down $126,131 (-98%) from 2022
Revenue
Up$736,849
Up $110,057 (+18%) from 2022
Expenses
Down$570,098
Down $133,111 (-19%) from 2022
Net Income
Up$166,751
Up $243,168 (+318%) from 2022
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.
Creating clearer pathways to success for early stage entrepreneurs in los angeles.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $151,622 | $195,647 | ▲ $44,025 |
| Rtn Earn Endowment Incm Other Fnds | $25,863 | $192,614 | ▲ $166,751 |
| Prepaid Expenses and Deferred Charges | $3,405 | - | - |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $155,027 | $195,647 | ▲ $40,620 |
| Liabilities | |||
| Deferred Revenue | $125,000 | $0 | ▼ $125,000 |
| Accounts Payable and Accrued Expenses | $3,700 | $2,057 | ▼ $1,643 |
| Other Liabilities | $464 | $976 | ▲ $512 |
| Total Liabilities | $129,164 | $3,033 | ▼ $126,131 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $25,863 | $192,614 | ▲ $166,751 |
| Total Liabilities and Net Assets / Fund Balance | $155,027 | $195,647 | ▲ $40,620 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Shrina Kurani | Executive Director | PT | $63,043 | - | $63,043 |
| Miki Reynolds | CEO/sec to 6/1/23, Director From 10/1/23 | PT | $50,938 | $2,668 | $53,606 |
| Name | Title |
|---|---|
| Jade Turner-bond | Director |
| Jared Goodner | Director |
| Prashant Samant | Director |
| Rohit Gupta | Director From 6/1/23 |
| Stephen Kane | Director Until 10/31/23 |
| Ashumi Shippee | Director Until 4/18/23 |
| Emma Mayerson | Director/CFO From 6/1/23 |
| Megan Sette | Secretary/CEO |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $399,113 |
| Other Expenses | $170,985 |
| Total Fundraising Expense | $39,911 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $138,683 | $69,342 | $23,114 | $231,139 |
| Current Officers, Directors, Trustees, and Key Employees | $69,989 | $34,995 | $11,665 | $116,649 |
| Fees for Services Other | $69,147 | $3,791 | - | $72,938 |
| Payroll Taxes | $16,591 | $8,295 | $2,765 | $27,651 |
| Other Employee Benefits | $14,205 | $7,102 | $2,367 | $23,674 |
| Fees for Services Legal | $2,015 | $6,478 | - | $8,493 |
| Fees for Services Accounting | - | $6,018 | - | $6,018 |
| Travel | $5,580 | - | - | $5,580 |
| Conferences and Meetings | $120 | $3,405 | - | $3,525 |
| Insurance | $1,205 | $1,442 | - | $2,647 |
| Occupancy | $2,497 | - | - | $2,497 |
| All Other Expenses | $1,202 | $359 | - | $1,561 |
| Other Expenses | $1,062 | $0 | $0 | $1,062 |
| Office Expenses | - | $675 | - | $675 |
| Total Functional Expenses | $376,445 | $153,742 | $39,911 | $570,098 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Flexible Spending Account | $976 |
“Jared goodner and prashant samant (both board directors) are business partners in a separate company together. This preceedes their affiliation with the organization.”
“The organization does not have a committee to act on behalf of the governing body.”
“Once complete, a copy of the form 990 will be distributed to the board for review by the next board meeting.”
“The conflict of interest policy is monitored by the organization through an annual disclosure form that is completed and signed by each director. Any conflicts that should arise are reviewed by the remaining board.”
“The board of directors reviewed and approved the compensation of the executive director independently, without the participation of interested persons. Comparable information was used in determining compensation for the executive director. The compensation was also approved by the city of los angeles thorugh the grant budget process.”
“The form 990, financial statements and the governing documents are made available to the public upon request.”
“Contractor fees: program service expenses 69,147. Management and general expenses 0. Fundraising expenses 0. Total expenses 69,147. Payroll service: program service expenses 0. Management and general expenses 3,791. Fundraising expenses 0. Total expenses 3,791.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 3700 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2057 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | CREATING CLEARER PATHWAYS TO SUCCESS FOR EARLY STAGE ENTREPRENEURS IN LOS ANGELES. |
| IRS990/AllOtherContributionsAmt | 0 | 341913 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 359 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1202 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1561 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SHRINA KURANI |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3109227368 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 360 E 2ND STREET SUITE 800 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90012 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 151622 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 195647 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 11665 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 34995 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 69989 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 116649 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 3405 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 120 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3525 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 736849 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 170985 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 166751 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 399113 |
| IRS990/CYTotalExpensesAmt | 0 | 570098 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 39911 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 736849 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 125000 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | RESIDENCY PROGRAM: FACILITATED 2 COHORTS OF EARLY STAGE ENTREPRENEURS PROVIDING THEM WITH ACCESS TO FREE MENTORING AND CRITICAL RESOURCES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 9 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 169400 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 6018 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6018 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 6478 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 2015 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 8493 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 3791 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 69147 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 72938 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 2668 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MIKI REYNOLDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MEGAN SETTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | EMMA MAYERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JARED GOODNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PRASHANT SAMANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JADE TURNER-BOND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ROHIT GUPTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ASHUMI SHIPPEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | STEPHEN KANE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SHRINA KURANI |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 50938 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 63043 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CEO/SEC TO 6/1/23, DIR. FROM 10/1/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY/CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR/CFO FROM 6/1/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR FROM 6/1/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR UNTIL 4/18/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR UNTIL 10/31/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 394936 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 736849 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1442 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1205 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2647 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 25863 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 192614 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 2497 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 2497 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 675 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 675 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 2367 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 7102 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 14205 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 23674 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM ACTIVITIES |
| IRS990/OtherExpensesGrp/Desc | 1 | MEALS AND ENTERTAINMENT |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | PROFESSIONAL DEVELOPMEN |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 11290 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 550 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 45756 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 8393 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1062 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 45756 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 11290 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 8943 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1062 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 464 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 976 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 23114 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 69342 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 138683 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 231139 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 2765 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 8295 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 16591 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 27651 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3405 |
| IRS990/PrincipalOfficerNm | 0 | SHRINA KURANI |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | IDEA TO LAUNCH: FACILIATED 1 COHORT OF BEGINNING STAGE ENTREPRENEURS, PROVIDING THEM WITH ACCESS TO FREE MENTORING AND CRITICAL RESOURCES. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 112934 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | COMMUNITY PROGRAMS: SUPPORTED PREVIOUS PROGRAM PARTICIPANTS (ALUMNI) THROUGH OFFICE HOURS, EVENTS, WORKSHOPS. ALSO SUPPORTED EXTERNAL COMMUNITY THROUGH EVENTS. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 94111 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 626792 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 175716 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -76417 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 527493 |
| IRS990/PYTotalExpensesAmt | 0 | 703209 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 626792 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 166751 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 25863 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 192614 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 736849 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 626792 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 639161 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 567693 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 374881 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2945376 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 753 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 753 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.85660 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.89060 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2523568 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 421808 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 736849 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 626792 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 639161 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 567693 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 374881 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2945376 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2946129 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 976 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | FLEXIBLE SPENDING ACCOUNT |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 976 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | JARED GOODNER AND PRASHANT SAMANT (BOTH BOARD DIRECTORS) ARE BUSINESS PARTNERS IN A SEPARATE COMPANY TOGETHER. THIS PRECEEDES THEIR AFFILIATION WITH THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION DOES NOT HAVE A COMMITTEE TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ONCE COMPLETE, A COPY OF THE FORM 990 WILL BE DISTRIBUTED TO THE BOARD FOR REVIEW BY THE NEXT BOARD MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE ORGANIZATION THROUGH AN ANNUAL DISCLOSURE FORM THAT IS COMPLETED AND SIGNED BY EACH DIRECTOR. ANY CONFLICTS THAT SHOULD ARISE ARE REVIEWED BY THE REMAINING BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE COMPENSATION OF THE EXECUTIVE DIRECTOR INDEPENDENTLY, WITHOUT THE PARTICIPATION OF INTERESTED PERSONS. COMPARABLE INFORMATION WAS USED IN DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE COMPENSATION WAS ALSO APPROVED BY THE CITY OF LOS ANGELES THORUGH THE GRANT BUDGET PROCESS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FORM 990, FINANCIAL STATEMENTS AND THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 69,147. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,147. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,791. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,791. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 155027 |
| IRS990/TotalAssetsEOYAmt | 0 | 195647 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 155027 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 195647 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 736849 |
| IRS990/TotalEmployeeCnt | 0 | 9 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 39911 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 153742 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 376445 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 570098 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 129164 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3033 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 129164 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3033 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 25863 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 192614 |
| IRS990/TotalOtherCompensationAmt | 0 | 2668 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 376445 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 113981 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 736849 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 50 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 155027 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 195647 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 5580 |
| IRS990/TravelGrp/TotalAmt | 0 | 5580 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 360 E 2ND STREET 800 |
| IRS990/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 90012 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.GRID110.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHRINA KURANI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4242570289 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRID110 INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRID |
| ReturnHeader/Filer/EIN | 0 | 474318779 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.