Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.51x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 15.4% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$301,142
No earlier filing loaded for comparison.
Net Assets
-$153,082
No earlier filing loaded for comparison.
Liabilities
$454,224
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$198,111
No earlier filing loaded for comparison.
Expenses
$351,193
No earlier filing loaded for comparison.
Net Income
-$153,082
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Oct 18, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $198,111
Mission and Program Overview
Mission
To reduce poverty and prejudice, combat community deterioration and lessen local tensions by working with governmental entities, local organizers, and volunteers in underserved areas to create economic ecosystems through entrepreneurial growth.
The purpose of the corporation is to reduce poverty and prejudice, combat community deterioration and lessen local tensions by working with governmental entities, local organizers, and volunteers in underserved areas to create economic ecosystems through entrepreneurial growth.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WECREATE AWEPTHE AWEP WECREATE PROJECT IS ESTABLISHED TO SUPPORT WOMEN ENTREPRENEURS TO ADDRESS BARRIERS FACED IN STARTING AND OPERATING A BUSINESS THROUGH STARTUP AND ACCELERATOR PROGRAMS IN ZAMBIA AND KENYA. ADDITIONAL RESOURCES INCLUDE OPPORTUNITIES FOR LINKAGE TO POTENTIAL MARKETS, BUSINESS DEVELOPMENT SERVICES AND ACCESS TO FINANCING OFFERED IN A POSITIVE FEMALE ORIENTED ENVIRONMENT THAT FOSTERS OPPORTUNITIES FOR WOMEN LED ENTERPRISES TO FLOURISH AND SUCCEED. THE WECREATE PROJECT IN ZAMBIA LAUNCHED ON JUNE 5, 2015, AND HAS SINCE REACHED OUT TO OVER 9,000 ENTREPRENEURS. IN KENYA, A TOTAL OF 4,692 PARTICIPANTS & ATTENDEES WERE IMPACTED. PROGRAMS THAT HAVE BEEN ROLLED OUT AND ARE CURRENTLY BEING ACCESSED INCLUDE THE STARTUP ACADEMY, BUILD-A-BUSINESS WORKSHOPS, NETWORKING EVENTS (SCHMOOZE), MENTOR TRAININGS, RAMPUP, SPECIALIZED TRAININGS, WECREATE CHALLENGE AND OTHER BUSINESS DEVELOPMENT PROGRAMS. PROGRAMS ARE IMPLEMENTED IN A HYPER-LOCAL ENVIRONMENT, TAILORED AND DELIVERED ACCORDING TO THE NEEDS OF THE COMMUNITY.WECREATE | ZAMBIA HAS MANY POTENTIAL LONG-TERM FUNDS WHEN IT COMES TO ENGAGING WITH THE LOCAL GOVERNMENT'S NATIONAL STRATEGY. OUTSIDE GOVERNMENT SUPPORT, THE CENTER CURRENTLY HAS TWO HIGH POTENTIAL FUNDERS INTERESTED IN FUNDING THE CENTER: CITI FOUNDATION ON THE MICRO ENTREPRENEURSHIP PROGRAM, AND WINROCK INTERNATIONAL ON THE RURAL ENTREPRENEURSHIP AND WOMEN'S ECONOMIC EMPOWERMENT PROGRAM.SUSTAINABILITY OF THE WECREATE | KENYA CENTER IS AN ESSENTIAL ELEMENT OF THE PROGRAM AS WELL, AND WE INCORPORATED A COMMERCIALIZATION MODEL THAT HAS SERVED AS A CHANNEL TO CREATE MULTIPLE FUNDING STREAMS. AS PART OF THE SUSTAINABILITY STRATEGY, THE CENTER ENGAGED AND SUPPORTED LOCAL ENTREPRENEURIAL PROGRAMMING DESIGNED TO ENHANCE IN-COUNTRY PROGRAMS TO BUILD THE CAPACITY OF LOCAL ORGANIZATIONS FOR ONGOING ENTREPRENEURIAL ECOSYSTEM DEVELOPMENT. WECREATE PROJECT IN ZAMBIA HAS REACHED OUT TO OVER 8,000 WOMEN ENTREPRENEURS AND MALE CHAMPIONS WITH CLOSE TO 3,000 ACCESSING PROGRAMS ON AN ONGOING BASIS. THIS HAS SO FAR RESULTED IN: 10,833 FEMALE ENTREPRENEURS IMPACTED 3,970 JOBS CREATED 248 NEW BUSINESSES 1,316 EXISTING BUSINESSES BENEFIT FROM PROGRAMS 1,351 MENTORS TRAINED AND CERTIFIED 61 MALE CHANGE AGENTS TRAINED AS SUPPORTERS OF FEMALE ENTREPRENEURSIN KENYA:1. LAUNCHED THE WECREATE CENTER IN LAVINGTON, NAIROBI, KENYA, WITH LOCAL STAFF OF AT LEAST 3 PEOPLE SINCE NOVEMBER 2015.2. SINCE THEN, WE IMPLEMENTED 11 OPERATING ENTREPRENEURIAL PROGRAMS WITH SEPARATE SESSIONS FOR THE STARTUP CUP ACCELERATION PROGRAM SESSIONS, STARTUP ACADEMY, BUILD-A-BUSINESS WORKSHOPS AND EXTREME WEEKENDS, RAMPUP PROGRAM, AND MEN AND BOYS CHAMPIONSHIP PROGRAM, ULTIMATELY SUPPORTING A TOTAL OF 2,179 WOMEN ENTREPRENEURS, AND ABOUT 4,692 PARTICIPANTS & ATTENDEES.3. AS A RESULT, WE LAUNCHED 370 NEW BUSINESSES OUT OF THE 175 NEW STARTUPS TARGETED FOR KENYA. OF THESE, WE HAVE 948 EXISTING BUSINESSES THAT PARTICIPATED, AND ROUGHLY 255 NEW JOBS CREATED AS A DIRECT RESULT OF THE CENTER, AND ABOUT 765 INDIRECT JOBS ESTIMATED. UNFORTUNATELY, GIVEN THAT THE GRANT HAS BEEN TERMINATED AS OF MAY 19, 2017, WE HAVE MISSED THE OPPORTUNITY TO CONTINUE THE MOMENTUM OF GROWING BUSINESSES UNTIL THE PASS-OFF OF THE CENTER EXPECTED FOR UP TO AUGUST 2017.4. WE TRAINED AND CERTIFIED 318 MENTORS AND COACHES AND 95 MALE & BOY CHAMPIONS OF WOMEN ENTREPRENEURS. FOR OUR MASTER MENTORS PROGRAM, WE WERE ABLE TO TRAIN 7 MASTER MENTORS - THESE MASTER MENTORS WERE TRAINED AND CERTIFIED TO BE ABLE TO INDEPENDENTLY TRAIN AND CERTIFY OTHER MENTORS AND CONDUCT BUILD-A-BUSINESS WORKSHOPS LOCALLY. | $0 | $129,151 |
| EBAY FOUNDATION CORPORATE ADVISED FUNDTHE EBAY STARTUP CUP CHALLENGE'S FIRST PHASE, THE EXTREME BUILD-A-BUSINESS WEEKENDS HAVE BEEN HELD IN ALL FOUR CITIES: BERLIN, MUMBAI, WASHINGTON D.C., AND BROOKLYN IN MAY AND JUNE 2017.THE COMPETITION WAS OPEN TO ANYONE, WITH ANY TYPE OF BUSINESS IDEA AND FROM ANY BACKGROUND, ALTHOUGH MAINLY FOCUSED ON THE MINORITIES REPRESENTED IN EACH CITY TO EMPOWER THEIR CHANCES OF SUCCESSFULLY LAUNCHING THEIR BUSINESS WITH SUPPORT FROM OUR PROGRAM THEY USUALLY DON'T RECEIVE. A TOTAL OF 309 SELECT BUSINESS APPLICANTS WERE INVITED TO A 48-HOUR EXTREME BUILD-A-BUSINESS WEEKEND WHERE THE TOP BUSINESS TEAMS WERE SELECTED TO ADVANCE INTO THE COMPETITIVE PROCESS, WHICH INCLUDES A SEVEN-MONTH BUSINESS ACCELERATOR, TAILORED TO DEVELOP THEIR BUSINESS MODEL.THIS SEVEN-MONTH ACCELERATION PROGRAM IS PROVEN TO GROW BUSINESSES AND ACCELERATE THE DEVELOPMENT OF REVENUE. SUSTAINABILITY IS AN ESSENTIAL ELEMENT OF THE STARTUP CUP CHALLENGE POWERED BY EBAY PROGRAM, AND INCORPORATING A COMMERCIALIZED MODEL WILL SERVE AS A CHANNEL TO CAPTURE PRODUCT TRENDS, DATA, AND CONNECTIONS FOR EBAY'S DATA LABS AND MARKETS FOR A LONGER, MULTI-YEAR STRATEGY. USING A COMMERCIALIZED MODEL AFTER THE INITIAL INFUSION OF SEED FUNDING FROM EBAY FOUNDATION WE WILL ENGAGE A VARIETY OF SOURCES (GOVERNMENTAL AGENCIES, CORPORATE FOUNDATIONS, CORPORATE SOCIAL RESPONSIBILITY, SUPPLIER DIVERSITY, ETC.), EMPOWERING LOCAL PARTNERS TO PROVIDE SUPPORT, EDUCATIONAL PROGRAMMING, AND RESOURCES BOTH VIRTUALLY AND ON-SITE, FOR THE ADVANCEMENT OF ENTREPRENEURIAL ECOSYSTEM DEVELOPMENT OF THE UNDERSERVED WITHIN EACH CITY. GRIFFINWORX HAS A UNIQUE ABILITY TO MOBILIZE ECOSYSTEM PARTNERS AND SUPPORTERS THROUGH OUR GLOBAL NETWORKS. THE PROJECT WILL SERVE AS A GREAT OPPORTUNITY TO CREATE SUCCESS STORIES THROUGH WHICH SIMILAR CHALLENGES COULD BE REPLICATED AND BUILT INTO ECOSYSTEMS.FROM THIS FIRST PHASE, WE HAVE STARTED TRACKING THE SURVEY RESULTS, AND SEE THE STATISTICS OF THE ENTREPRENEURS AND MENTORS THAT HAVE STARTED SEEING THE CHANGE AND IMPACT ON THEIR BUSINESSES AS A RESULT OF THEIR MENTORING ROUNDS.OUT OF THE 309 SELECTED APPLICANTS, 294 FULLY PARTICIPATED IN THE COMPETITION FOR A CHANCE TO BE IN THE TOP 25 SELECTED IN THEIR CITIES, AND FOR A CONTINUATION OF A THOROUGH ACCELERATION PROGRAM. THERE WERE 40 INDUSTRIES REPRESENTED, FROM FOOD & BEVERAGE, REAL ESTATE, TO FINTECH SERVICES, DATA MINING AND E-COMMERCE.WE ALSO HAD A VERY ACTIVE MENTOR VOLUNTEER GROUP, WITH 80 VOLUNTEERS IN TOTAL THAT PARTICIPATED IN THE LAUNCH. SINCE THEN, WE'VE HAD 268 COACHING SESSIONS IN BERLIN, 402 IN MUMBAI, 481 IN DC AND 332 IN BROOKLYN. THE FINAL RESULTS FOR THE TOP 3 WINNERS ARE EXPECTED BY THE END OF OCTOBER 2017. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SEAN GRIFFIN | CEO | FT | $30,529 | - | $30,529 |
| ALICE FENTON | Director | PT | $0 | - | - |
| ROMAN PONOS | Director | PT | $0 | - | - |
| TED CUNDIFF | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Griffinworx
- EIN
- 47-5117286
- Phone
- 7036632777
- Address
- 1100 ONEOK PLAZA 100 W 5TH ST, TULSA, OK 74103
Signing Officer
- Name
- Sean Griffin
- Title
- CEO
- Phone
- 7036632777
- Signed
- 2017-10-18
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 901 N GLEBE ROAD SUITE 200, ARLINGTON, VA 22203
- Preparer
- Hemali Patel
- Phone
- 5712279500
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: miscellaenous income. Amount: 700.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expenses . Amount: 1,649. Description: bank charges. Amount: 1,280. Description: business conferences and meetings. Amount: 11,595. Description: meals and entertainment. Amount: 16,447. Description: payroll expenses. Amount: 4,979. Description: travel. Amount: 53,729. Description: miscellaenous expenses. Amount: 25,088. Total to form 990-ez, line 16: 114,767.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: intercompany - due from startup cup. Beg. Of year amount: 0. End of year amount: 151,980.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: intercompany - due to startup cup. Beg. Of year amount: 0. End of year amount: 138,902. Description: payroll liabilities. Beg. Of year amount: 0. End of year amount: 12,653. Description: employee loans payable. Beg. Of year amount: 0. End of year amount: 80. Description: deferred revenue. Beg. Of year amount: 0. End of year amount: 302,589.”
Raw XML Appendix159 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/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE CORPORATION IS TO REDUCE POVERTY AND PREJUDICE, COMBAT COMMUNITY DETERIORATION AND LESSEN LOCAL TENSIONS BY WORKING WITH GOVERNMENTAL ENTITIES, LOCAL ORGANIZERS, AND VOLUNTEERS IN UNDERSERVED AREAS TO CREATE ECONOMIC ECOSYSTEMS THROUGH ENTREPRENEURIAL GROWTH. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WECREATE AWEPTHE AWEP WECREATE PROJECT IS ESTABLISHED TO SUPPORT WOMEN ENTREPRENEURS TO ADDRESS BARRIERS FACED IN STARTING AND OPERATING A BUSINESS THROUGH STARTUP AND ACCELERATOR PROGRAMS IN ZAMBIA AND KENYA. ADDITIONAL RESOURCES INCLUDE OPPORTUNITIES FOR LINKAGE TO POTENTIAL MARKETS, BUSINESS DEVELOPMENT SERVICES AND ACCESS TO FINANCING OFFERED IN A POSITIVE FEMALE ORIENTED ENVIRONMENT THAT FOSTERS OPPORTUNITIES FOR WOMEN LED ENTERPRISES TO FLOURISH AND SUCCEED. THE WECREATE PROJECT IN ZAMBIA LAUNCHED ON JUNE 5, 2015, AND HAS SINCE REACHED OUT TO OVER 9,000 ENTREPRENEURS. IN KENYA, A TOTAL OF 4,692 PARTICIPANTS & ATTENDEES WERE IMPACTED. PROGRAMS THAT HAVE BEEN ROLLED OUT AND ARE CURRENTLY BEING ACCESSED INCLUDE THE STARTUP ACADEMY, BUILD-A-BUSINESS WORKSHOPS, NETWORKING EVENTS (SCHMOOZE), MENTOR TRAININGS, RAMPUP, SPECIALIZED TRAININGS, WECREATE CHALLENGE AND OTHER BUSINESS DEVELOPMENT PROGRAMS. PROGRAMS ARE IMPLEMENTED IN A HYPER-LOCAL ENVIRONMENT, TAILORED AND DELIVERED ACCORDING TO THE NEEDS OF THE COMMUNITY.WECREATE | ZAMBIA HAS MANY POTENTIAL LONG-TERM FUNDS WHEN IT COMES TO ENGAGING WITH THE LOCAL GOVERNMENT'S NATIONAL STRATEGY. OUTSIDE GOVERNMENT SUPPORT, THE CENTER CURRENTLY HAS TWO HIGH POTENTIAL FUNDERS INTERESTED IN FUNDING THE CENTER: CITI FOUNDATION ON THE MICRO ENTREPRENEURSHIP PROGRAM, AND WINROCK INTERNATIONAL ON THE RURAL ENTREPRENEURSHIP AND WOMEN'S ECONOMIC EMPOWERMENT PROGRAM.SUSTAINABILITY OF THE WECREATE | KENYA CENTER IS AN ESSENTIAL ELEMENT OF THE PROGRAM AS WELL, AND WE INCORPORATED A COMMERCIALIZATION MODEL THAT HAS SERVED AS A CHANNEL TO CREATE MULTIPLE FUNDING STREAMS. AS PART OF THE SUSTAINABILITY STRATEGY, THE CENTER ENGAGED AND SUPPORTED LOCAL ENTREPRENEURIAL PROGRAMMING DESIGNED TO ENHANCE IN-COUNTRY PROGRAMS TO BUILD THE CAPACITY OF LOCAL ORGANIZATIONS FOR ONGOING ENTREPRENEURIAL ECOSYSTEM DEVELOPMENT. WECREATE PROJECT IN ZAMBIA HAS REACHED OUT TO OVER 8,000 WOMEN ENTREPRENEURS AND MALE CHAMPIONS WITH CLOSE TO 3,000 ACCESSING PROGRAMS ON AN ONGOING BASIS. THIS HAS SO FAR RESULTED IN: 10,833 FEMALE ENTREPRENEURS IMPACTED 3,970 JOBS CREATED 248 NEW BUSINESSES 1,316 EXISTING BUSINESSES BENEFIT FROM PROGRAMS 1,351 MENTORS TRAINED AND CERTIFIED 61 MALE CHANGE AGENTS TRAINED AS SUPPORTERS OF FEMALE ENTREPRENEURSIN KENYA:1. LAUNCHED THE WECREATE CENTER IN LAVINGTON, NAIROBI, KENYA, WITH LOCAL STAFF OF AT LEAST 3 PEOPLE SINCE NOVEMBER 2015.2. SINCE THEN, WE IMPLEMENTED 11 OPERATING ENTREPRENEURIAL PROGRAMS WITH SEPARATE SESSIONS FOR THE STARTUP CUP ACCELERATION PROGRAM SESSIONS, STARTUP ACADEMY, BUILD-A-BUSINESS WORKSHOPS AND EXTREME WEEKENDS, RAMPUP PROGRAM, AND MEN AND BOYS CHAMPIONSHIP PROGRAM, ULTIMATELY SUPPORTING A TOTAL OF 2,179 WOMEN ENTREPRENEURS, AND ABOUT 4,692 PARTICIPANTS & ATTENDEES.3. AS A RESULT, WE LAUNCHED 370 NEW BUSINESSES OUT OF THE 175 NEW STARTUPS TARGETED FOR KENYA. OF THESE, WE HAVE 948 EXISTING BUSINESSES THAT PARTICIPATED, AND ROUGHLY 255 NEW JOBS CREATED AS A DIRECT RESULT OF THE CENTER, AND ABOUT 765 INDIRECT JOBS ESTIMATED. UNFORTUNATELY, GIVEN THAT THE GRANT HAS BEEN TERMINATED AS OF MAY 19, 2017, WE HAVE MISSED THE OPPORTUNITY TO CONTINUE THE MOMENTUM OF GROWING BUSINESSES UNTIL THE PASS-OFF OF THE CENTER EXPECTED FOR UP TO AUGUST 2017.4. WE TRAINED AND CERTIFIED 318 MENTORS AND COACHES AND 95 MALE & BOY CHAMPIONS OF WOMEN ENTREPRENEURS. FOR OUR MASTER MENTORS PROGRAM, WE WERE ABLE TO TRAIN 7 MASTER MENTORS - THESE MASTER MENTORS WERE TRAINED AND CERTIFIED TO BE ABLE TO INDEPENDENTLY TRAIN AND CERTIFY OTHER MENTORS AND CONDUCT BUILD-A-BUSINESS WORKSHOPS LOCALLY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | EBAY FOUNDATION CORPORATE ADVISED FUNDTHE EBAY STARTUP CUP CHALLENGE'S FIRST PHASE, THE EXTREME BUILD-A-BUSINESS WEEKENDS HAVE BEEN HELD IN ALL FOUR CITIES: BERLIN, MUMBAI, WASHINGTON D.C., AND BROOKLYN IN MAY AND JUNE 2017.THE COMPETITION WAS OPEN TO ANYONE, WITH ANY TYPE OF BUSINESS IDEA AND FROM ANY BACKGROUND, ALTHOUGH MAINLY FOCUSED ON THE MINORITIES REPRESENTED IN EACH CITY TO EMPOWER THEIR CHANCES OF SUCCESSFULLY LAUNCHING THEIR BUSINESS WITH SUPPORT FROM OUR PROGRAM THEY USUALLY DON'T RECEIVE. A TOTAL OF 309 SELECT BUSINESS APPLICANTS WERE INVITED TO A 48-HOUR EXTREME BUILD-A-BUSINESS WEEKEND WHERE THE TOP BUSINESS TEAMS WERE SELECTED TO ADVANCE INTO THE COMPETITIVE PROCESS, WHICH INCLUDES A SEVEN-MONTH BUSINESS ACCELERATOR, TAILORED TO DEVELOP THEIR BUSINESS MODEL.THIS SEVEN-MONTH ACCELERATION PROGRAM IS PROVEN TO GROW BUSINESSES AND ACCELERATE THE DEVELOPMENT OF REVENUE. SUSTAINABILITY IS AN ESSENTIAL ELEMENT OF THE STARTUP CUP CHALLENGE POWERED BY EBAY PROGRAM, AND INCORPORATING A COMMERCIALIZED MODEL WILL SERVE AS A CHANNEL TO CAPTURE PRODUCT TRENDS, DATA, AND CONNECTIONS FOR EBAY'S DATA LABS AND MARKETS FOR A LONGER, MULTI-YEAR STRATEGY. USING A COMMERCIALIZED MODEL AFTER THE INITIAL INFUSION OF SEED FUNDING FROM EBAY FOUNDATION WE WILL ENGAGE A VARIETY OF SOURCES (GOVERNMENTAL AGENCIES, CORPORATE FOUNDATIONS, CORPORATE SOCIAL RESPONSIBILITY, SUPPLIER DIVERSITY, ETC.), EMPOWERING LOCAL PARTNERS TO PROVIDE SUPPORT, EDUCATIONAL PROGRAMMING, AND RESOURCES BOTH VIRTUALLY AND ON-SITE, FOR THE ADVANCEMENT OF ENTREPRENEURIAL ECOSYSTEM DEVELOPMENT OF THE UNDERSERVED WITHIN EACH CITY. GRIFFINWORX HAS A UNIQUE ABILITY TO MOBILIZE ECOSYSTEM PARTNERS AND SUPPORTERS THROUGH OUR GLOBAL NETWORKS. THE PROJECT WILL SERVE AS A GREAT OPPORTUNITY TO CREATE SUCCESS STORIES THROUGH WHICH SIMILAR CHALLENGES COULD BE REPLICATED AND BUILT INTO ECOSYSTEMS.FROM THIS FIRST PHASE, WE HAVE STARTED TRACKING THE SURVEY RESULTS, AND SEE THE STATISTICS OF THE ENTREPRENEURS AND MENTORS THAT HAVE STARTED SEEING THE CHANGE AND IMPACT ON THEIR BUSINESSES AS A RESULT OF THEIR MENTORING ROUNDS.OUT OF THE 309 SELECTED APPLICANTS, 294 FULLY PARTICIPATED IN THE COMPETITION FOR A CHANCE TO BE IN THE TOP 25 SELECTED IN THEIR CITIES, AND FOR A CONTINUATION OF A THOROUGH ACCELERATION PROGRAM. THERE WERE 40 INDUSTRIES REPRESENTED, FROM FOOD & BEVERAGE, REAL ESTATE, TO FINTECH SERVICES, DATA MINING AND E-COMMERCE.WE ALSO HAD A VERY ACTIVE MENTOR VOLUNTEER GROUP, WITH 80 VOLUNTEERS IN TOTAL THAT PARTICIPATED IN THE LAUNCH. SINCE THEN, WE'VE HAD 268 COACHING SESSIONS IN BERLIN, 402 IN MUMBAI, 481 IN DC AND 332 IN BROOKLYN. THE FINAL RESULTS FOR THE TOP 3 WINNERS ARE EXPECTED BY THE END OF OCTOBER 2017. |
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| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.GRIFFINWORX.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 197411 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 197411 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 700 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 700 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 5000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 192411 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 192411 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt | 0 | 192411 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 192411 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 197411 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 197411 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 198111 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 198111 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: MISCELLAENOUS INCOME. AMOUNT: 700. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSES . AMOUNT: 1,649. DESCRIPTION: BANK CHARGES. AMOUNT: 1,280. DESCRIPTION: BUSINESS CONFERENCES AND MEETINGS. AMOUNT: 11,595. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 16,447. DESCRIPTION: PAYROLL EXPENSES. AMOUNT: 4,979. DESCRIPTION: TRAVEL. AMOUNT: 53,729. DESCRIPTION: MISCELLAENOUS EXPENSES. AMOUNT: 25,088. TOTAL TO FORM 990-EZ, LINE 16: 114,767. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: INTERCOMPANY - DUE FROM STARTUP CUP. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 151,980. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: INTERCOMPANY - DUE TO STARTUP CUP. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 138,902. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 12,653. DESCRIPTION: EMPLOYEE LOANS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 80. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 302,589. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SEAN GRIFFIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7036632777 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-10-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GRIFFINWORX |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRIF |
| ReturnHeader/Filer/EIN | 0 | 475117286 |
| ReturnHeader/Filer/PhoneNum | 0 | 7036632777 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1100 ONEOK PLAZA 100 W 5TH ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TULSA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 74103 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | D4C9CCF27C82EE891DBBD0A0F5B8A17B08786766 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 25CC0C8A125FF8BFCBFF843AF5020A9389A947B4 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 67.137.57.251 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-10-18 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 08:58:08 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 410746749 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLIFTONLARSONALLEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 901 N GLEBE ROAD SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ARLINGTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 22203 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5712279500 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HEMALI PATEL |
| ReturnHeader/ReturnTs | 0 | 2017-10-25T07:56:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $301,142
- Liabilities
- $454,224
- Net assets
- -$153,082
- Revenue
- $198,111
- Expenses
- $351,193
- Net income
- -$153,082