Civic Intelligence

Startedup Foundation Inc.

990 • Fiscal year 2022 • EIN 82-5058263

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

1098 Pebble Brook DrNoblesville, IN 46062

(317) 777-9240

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

34th percentile

-0.3%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$90,000

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

44th percentile

-0.7%

Faster asset growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

82nd percentile

50%

Faster revenue growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$221,201

Down $1,559 (-0.7%) from 2021

Net Assets

Down

$213,134

Down $3,796 (-1.7%) from 2021

Liabilities

Up

$8,067

Up $2,237 (+38%) from 2021

Revenue

Up

$1,112,158

Up $369,727 (+50%) from 2021

Expenses

Up

$1,115,954

Up $386,917 (+53%) from 2021

Net Income

Down

-$3,796

Down $17,190 (-128%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $20,277Net Assets 2018: $20,2772018Assets 2019: $62,399Liabilities 2019: $1,433Net Assets 2019: $60,9662019Assets 2020: $209,700Liabilities 2020: $6,164Net Assets 2020: $203,5362020Assets 2021: $222,760Liabilities 2021: $5,830Net Assets 2021: $216,9302021Assets 2022: $221,201Liabilities 2022: $8,067Net Assets 2022: $213,1342022Assets 2023: $423,877Liabilities 2023: $12,254Net Assets 2023: $411,6232023Assets 2024: $1,190,726Liabilities 2024: $250,666Net Assets 2024: $940,0602024

Highlighted filing

2022

Assets$221,201
Liabilities$8,067
Net Assets$213,134

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $115,225Expenses 2018: $94,948Net Income 2018: $20,2772018Revenue 2019: $286,094Expenses 2019: $245,405Net Income 2019: $40,6892019Revenue 2020: $567,479Expenses 2020: $424,909Net Income 2020: $142,5702020Revenue 2021: $742,431Expenses 2021: $729,037Net Income 2021: $13,3942021Revenue 2022: $1,112,158Expenses 2022: $1,115,954Net Income 2022: -$3,7962022Revenue 2023: $1,984,179Expenses 2023: $1,785,690Net Income 2023: $198,4892023Revenue 2024: $2,421,425Expenses 2024: $1,892,988Net Income 2024: $528,4372024

Highlighted filing

2022

Revenue$1,112,158
Expenses$1,115,954
Net Income-$3,796
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$1,173,027
Mission and Program Overview

Mission

Educational programing for high school students for business entrepreneurship.

Empower students by immersing them into the entrepreneurial way of being, inspiring them to start something new, mentoring them through new ventures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$222,591$199,723▼ $22,868
Pledges and Grants Receivable$0$3,691▲ $3,691
Land, Buildings, and Equipment, Net$0$3,118▲ $3,118
Accounts Receivable$169$169→ $0
Total Assets$222,760$221,201▼ $1,559
Other Assets Total$0$14,500▲ $14,500
Liabilities
Accounts Payable and Accrued Expenses$5,830$8,067▲ $2,237
Total Liabilities$5,830$8,067▲ $2,237
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$216,930$213,134▼ $3,796
Total Net Assets Fund Balance$216,930$213,134▼ $3,796
Total Liabilities and Net Assets / Fund Balance$222,760$221,201▼ $1,559

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,118$780$3,898
Other Assets Org$14,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald WettrickCEOFT$82,878$7,122$90,000
Hunter StonePresidentFT$61,738$11,621$73,359

Board Members and Trustees

NameTitle
Brian SchuttBoard Member
David RobertsBoard Member
Elaine BedelBoard Member
Nathan HarrisBoard Member
Sunny Lu WilliamsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$179,839
Program Service Revenue
$976,580
Investment Income
$0
Other Revenue
$-44,261
All Other Contributions
$161,709
Change in Net Assets
$-3,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$700,248
Salaries, Compensation, and Employee Benefits$285,706
Total Fundraising Expense$148,544
Grants and Similar Amounts Paid$130,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$246,676--$246,676
Fees for Services Other$143,411$28,088-$171,499
Current Officers, Directors, Trustees, and Key Employees$77,933$50,175$35,250$163,358
Grants to Domestic Orgs$130,000--$130,000
Other Salaries and Wages$41,164-$60,289$101,453
Travel$19,818$19,818$19,817$59,453
Conferences and Meetings$35,854--$35,854
Occupancy$30,312--$30,312
Advertising--$23,289$23,289
Payroll Taxes$9,111$3,838$7,946$20,895
Insurance$1,465$12,858$1,953$16,276
Fees for Services Legal$9,096$5,116-$14,212
Fees for Services Accounting-$13,895-$13,895
Office Expenses$11,887$368-$12,255
Other Expenses$2,467--$2,467
Depreciation Depletion$780--$780
Total Functional Expenses$833,254$134,156$148,544$1,115,954
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Orr FellowshipIndianapolis, IN501(c)(3)Sponsorship$100,000
South Bend Elkhart Regional Partnership FoundationSouth Bend, IN501(c)(3)Sponsorship$27,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$60,869
Fundraising Gross Income$16,608
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Indy 500 Fundraiser$34,738$16,608$55,074$-38,466
Total Events$34,738$16,608$60,869$-44,261
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Don wettrick and hunter stone are non-voting board members and officers of the organization. They also co-own startedup innovations llc.

Form 990, Part VI, Section A, Line 3

Startedup innovations, llc was contracted as a mangement agency to perform management services.

Form 990, Part VI, Section B, Line 11B

The board of directors will review and approve the 990 before it's filed.

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

If the board of directors has reasonable cause to believe an interested person has failed to disclose actual or possible conflicts of interest, it shall inform the interested of the basis for such belief and afford the interested person an opporunity to explain the alleged failure to disclose. If, after hearing the interested person's response and after making further investigation as warranted by the circumstances, the board of directors determines the interested person has failed to disclose an actual or possible conflict of interest, the board of directors shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15

There is a policy for determining compensation for the executive director, officers, and key employees. The process includes: 1. Review and approval by the voting board of directors; 2. Use of data as to comparable compensation; and 3. Contemporaneous documentation and recordkeeping. During approval of the annual operating budget, all staff salaries are compared with external data, approved by the board members not being compensated, approved with the year's operating budget, and then the data is stored.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Startedup Foundation Inc
EIN
82-5058263
Phone
3177779240
Address
1098 PEBBLE BROOK DR, NOBLESVILLE, IN 46062

Signing Officer

Name
Hunter Stone
Title
President
Phone
3175711777
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hunter Stone
Formed
2018
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
5

Preparer

Firm
Blue & Co LLC
Address
12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
Preparer
Cory Schunemann
Phone
3178488920
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Certification - the indiana innovation educator fellowship is an ambassadorship and innovation training program designed to elevate the mission of indiana teachers. Educators are brought to the table as representatives of their communities at business, civic, and innovation events where they are able to operate as connectors and be the funnel of future-ready information to their students. By pairing ambassadorship opportunities with training and content in innovation, we prepare our indiana educators as the best-equipped and most forward-thinking in the country.

Form 990, Part IX, Line 11G

Consulting fees: program service expenses 0. Management and general expenses 2,500. Fundraising expenses 0. Total expenses 2,500. Peo service fee: program service expenses 0. Management and general expenses 15,526. Fundraising expenses 0. Total expenses 15,526. Contracted services: program service expenses 121,679. Management and general expenses 10,062. Fundraising expenses 0. Total expenses 131,741. Teacher stipends: program service expenses 21,732. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,732.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0300000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1227081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2203833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3174999
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt470667
IRS990/ProgSrvcAccomActy2Grp/Desc0DEVELOP: INNOVATE WITHIN - STATEWIDE PITCH COMPETITIONSTARTEDUP FOUNDATION, IN PARTNERSHIP WITH THE INDIANA ECONOMIC DEVELOPMENT COPORATION, MANAGES THE INNOVATE WITHIN PITCH COMPETITION. THIS COMPETITION INSPIRES ENTREPRENEURSHIP FOR STUDENTS ACROSS EVERY REGION OF INDIANA, HELPING THEM TO BRING AN EXISTING OR NEW IDEA TO FRUITION. STARTEDUP CONDUCTS A 6-WEEK INTENSIVE PROGRAM TO EQUIP EACH STUDENT GROUP WITH THE TOOLS THEY NEED TO REACH SUCCESS AND LEARN FROM THEIR PEERS. PART OF THIS OF THIS PROGRAM IS AN ENTREPRENEURIAL IMMERSION TRIP WHERE STUDENTS TRAVEL TO THE ENTREPRENEURIAL HUBS OF NEW CITIES IN ORDER TO LEARN FROM AND COLLABORATE WITH WORLD-CLASS ENTREPRENEURS AND ORGANIZATIONS. IN THE PAST, STUDENTS HAVE HAD THE OPPORTUNITY TO LEARN FROM GOOGLE, DELL, CAPITAL FACTORY, ADHAWK, BARNES & NOBLE, NYSE, JON FORTT (CNBC), SETH GODIN, SCOTT HARRISON, AND MANY OTHERS ACROSS NEW YORK CITY, AUSTIN, AND SAN ANTONIO.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0234353
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0227081
IRS990/ProgSrvcAccomActy3Grp/Desc0CERTIFICATION - THE INDIANA INNOVATION EDUCATOR FELLOWSHIP IS AN AMBASSADORSHIP AND INNOVATION TRAINING PROGRAM DESIGNED TO ELEVATE THE MISSION OF INDIANA TEACHERS. EDUCATORS ARE BROUGHT TO THE TABLE AS REPRESENTATIVES OF THEIR COMMUNITIES AT BUSINESS, CIVIC, AND INNOVATION EVENTS WHERE THEY ARE ABLE TO OPERATE AS CONNECTORS AND BE THE FUNNEL OF FUTURE-READY INFORMATION TO THEIR STUDENTS. BY PAIRING AMBASSADORSHIP OPPORTUNITIES WITH TRAINING AND CONTENT IN INNOVATION, WE PREPARE OUR INDIANA EDUCATORS AS THE BEST-EQUIPPED AND MOST FORWARD-THINKING IN THE COUNTRY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0128891
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0378832
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt038561
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt070667
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0742431
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0349302
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt013394
IRS990/PYSalariesCompEmpBnftPaidAmt0330316
IRS990/PYTotalExpensesAmt0729037
IRS990/PYTotalProfFndrsngExpnsAmt044419
IRS990/PYTotalRevenueAmt0742431
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3796
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0300000
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0190865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0742431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0536079
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0280094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0115225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01864694
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01007980
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01861988
IRS990ScheduleA/SubstantialContributorsTotAmt02706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0190865
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0742431
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0536079
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0280094
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0115225
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01864694
IRS990ScheduleA/TotalSupportAmt01864694
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/BookValueAmt03118
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0780
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03898
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PAYROLL DEPOSIT ESCROW
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03118
IRS990ScheduleD/TotalBookValueOtherAssetsAmt014500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018130
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018130
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt060869
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0INDY 500 FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05795
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05795
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt034738
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt034738
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016608
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016608
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-44261
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt055074
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt055074
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/CashGrantAmt127500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SPONSORSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ORR FELLOWSHIP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SOUTH BEND ELKHART REGIONAL PARTNERSHIP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0201134456
IRS990ScheduleI/RecipientTable/RecipientEIN1351893288
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 20262
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1635 S LAFAYETTE BLVD NO 123
IRS990ScheduleI/RecipientTable/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SOUTH BEND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046220
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd146601
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ANNUALLY WE CREATE OUR BUDGET AND IDENTIFY PARTNERS THAT WILL ASSIST US IN DELIVERING ON OUR MISSION. WE REVIEW THEIR PROPOSAL FOR SERVICES/COLLABORATION AND ASSOCIATED DELIVERABLES WITHIN OUR PROGRAMMING. THROUGHOUT THE YEAR WE COLLABORATED WITH THESE PARTNERS TO ACHIEVE THE MUTUALLY ESTABLISHED GOALS THAT ARE THE BASIS OF THE AWARD REPORTING ON OUR PROGRESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CERTIFICATION - THE INDIANA INNOVATION EDUCATOR FELLOWSHIP IS AN AMBASSADORSHIP AND INNOVATION TRAINING PROGRAM DESIGNED TO ELEVATE THE MISSION OF INDIANA TEACHERS. EDUCATORS ARE BROUGHT TO THE TABLE AS REPRESENTATIVES OF THEIR COMMUNITIES AT BUSINESS, CIVIC, AND INNOVATION EVENTS WHERE THEY ARE ABLE TO OPERATE AS CONNECTORS AND BE THE FUNNEL OF FUTURE-READY INFORMATION TO THEIR STUDENTS. BY PAIRING AMBASSADORSHIP OPPORTUNITIES WITH TRAINING AND CONTENT IN INNOVATION, WE PREPARE OUR INDIANA EDUCATORS AS THE BEST-EQUIPPED AND MOST FORWARD-THINKING IN THE COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DON WETTRICK AND HUNTER STONE ARE NON-VOTING BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION. THEY ALSO CO-OWN STARTEDUP INNOVATIONS LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STARTEDUP INNOVATIONS, LLC WAS CONTRACTED AS A MANGEMENT AGENCY TO PERFORM MANAGEMENT SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE 990 BEFORE IT'S FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IF THE BOARD OF DIRECTORS HAS REASONABLE CAUSE TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE INTERESTED OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE INTERESTED PERSON'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS DETERMINES THE INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE IS A POLICY FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR, OFFICERS, AND KEY EMPLOYEES. THE PROCESS INCLUDES: 1. REVIEW AND APPROVAL BY THE VOTING BOARD OF DIRECTORS; 2. USE OF DATA AS TO COMPARABLE COMPENSATION; AND 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. DURING APPROVAL OF THE ANNUAL OPERATING BUDGET, ALL STAFF SALARIES ARE COMPARED WITH EXTERNAL DATA, APPROVED BY THE BOARD MEMBERS NOT BEING COMPENSATED, APPROVED WITH THE YEAR'S OPERATING BUDGET, AND THEN THE DATA IS STORED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,500. PEO SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,526. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,526. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 121,679. MANAGEMENT AND GENERAL EXPENSES 10,062. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 131,741. TEACHER STIPENDS: PROGRAM SERVICE EXPENSES 21,732. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,732.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0813309763
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0CONSULTING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0STARTEDUP INNOVATION LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01098 PEBBLE BROOK DRIVE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NOBLESVILLE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd046062
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00

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