Civic Intelligence

Lets Talk Ops

990EZ • Fiscal year 2020 • EIN 83-2896194

Nov 01, 2019 to Oct 31, 2020 • Filed on Jan 26, 2021

Organization Profilewww.letstalkops.com
5214-F Diamond Heights Blvd 512San Francisco, CA 94131

(510) 842-7855

Siviq Scores

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

Liabilities / Assets

91st percentile

0.53x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.10x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-37%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

4th percentile

-61%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

-17%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

$14,339

No earlier filing loaded for comparison.

Net Assets

$6,714

No earlier filing loaded for comparison.

Liabilities

$7,625

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin14th percentile

Revenue

$73,353

No earlier filing loaded for comparison.

Expenses

$100,449

No earlier filing loaded for comparison.

Net Income

-$27,096

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$200K$100K$0-$100KAssets 2020: $14,339Liabilities 2020: $7,625Net Assets 2020: $6,7142020Assets 2022: -$19,914Liabilities 2022: -$22,883Net Assets 2022: $2,9692022Assets 2024: $47,805Liabilities 2024: $124,414Net Assets 2024: -$76,6092024

Highlighted filing

2020

Assets$14,339
Liabilities$7,625
Net Assets$6,714
Open 2020 Filing

Operations Trend

Revenue Growth54th percentile

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

$1.0M$500K$0-$500KRevenue 2020: $73,353Expenses 2020: $100,449Net Income 2020: -$27,0962020Revenue 2022: $390,373Expenses 2022: $366,876Net Income 2022: $23,4972022Revenue 2024: $711,130Expenses 2024: $776,845Net Income 2024: -$65,7152024

Highlighted filing

2020

Revenue$73,353
Expenses$100,449
Net Income-$27,096
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Jan 26, 2021
Return Version
2019v5.0
Gross Receipts
$73,353
Mission and Program Overview

Mission

The specific purpose of this corporation is to promote the common business interest of fund operations professionals in the venture capital industry.

Program Services

DescriptionGrantsExpenses
Pre-COVIDQuarterly Chapter Meetings providing on-the-job training and professional development.4 meetings per chapter (SF, LA, NYC, Silicon Valley) per year.All members served = ~ 80-100/annuallyRegular Networking Events providing unique opportunities to engage in the communityand build long-lasting relationships.4-5 gatherings per chapter (SF, LA, NYC, Silicon Valley) per year.All members served = ~ 80-100/annuallyAnnual Summit high-powered 3-day Summit of exclusive content, special training andprofessional development sessions.1 time per year (all chapter gathering.All members served = ~ 60-85/annually$70,000-
During COVIDMonthly Virtual Meetings providing on-the-job training and professionaldevelopment.Approximately 20-25 meetings per year.All members served = ~ 80-100/annuallyRegular Virtual Networking Events providing unique opportunities to engage in the community and build long-lasting relationships.Approximately 15-20 meetings per year.All members served = ~ 80-100/annuallyVirtual Summit high-powered 2-day Summit of exclusive content, special training andprofessional development sessions.1 time per year (all chapter gathering).All members served = ~ 80-100/annually$25,000-
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristen OstroManaging DirectorPT$0--
Meredith TostaChairwoman-$0--
Kiah BuchnerSecretary-$0--
Alexa MakreasBoard Member-$0--
Nolan EnglishBoard Member-$0--
Anna NitschkeTreasurer-$0--
Sofia GarciaBoard Member-$0--
Natalie AroraBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lets Talk Ops
EIN
83-2896194
Phone
5108427855
Address
5214-F Diamond Heights Blvd 512, San Francisco, CA 94131

Signing Officer

Name
Kristen Ostro
Title
Managing Director
Signed
2021-01-26
Discuss with paid preparer
Yes

Preparer

Firm
Harmon Burstyn CPA
Address
1012 HACIENDA DR, WALNUT CREEK, CA 94598
Preparer
Harmon Burstyn
Phone
9252863522
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $19688”

Other Expenses.1002

“Office Expenses $1014”

Other Expenses.1005

“Travel $7225”

Other Expenses.1012

“Insurance $1340”

Other Expenses.1

“Virtual Events $12512”

Other Expenses.2

“Dues & Subscriptions $8494”

Other Expenses.3

“Meals & Enter. LTO Summit $6556”

Other Expenses.4

“Meals & Enter. SF Chapter $2300”

Other Expenses.5

“Gifts - Speakers, etc. $2199”

Other Expenses.6

“Bank Fees $325”

Other Expenses.7

“Meals & Enter. SV Chapter $144”

Other Expenses.8

“NY Chapter $143”

Other Expenses.9

“Taxes and Licenses $10”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1350 Accounts Payable and Accrued Expenses - Ending $7625”

Total Liabilities.1

“Uncategorized - Beginning $2330 Uncategorized - Ending $0”

Raw XML Appendix162 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kristen Ostro
IRS990EZ/BooksInCareOfDetail/PhoneNum06193020058
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05214-F Diamond Heights Blvd 512
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0San Francisco
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0941312175
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036593
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014339
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt022500
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-27096
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt034087
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt014339
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt073353
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MembershipDuesAmt050853
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt032913
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06714
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt032913
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06714
IRS990EZ/OccupancyRentUtltsAndMaintAmt04412
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt013.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kristen Ostro
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Meredith Tosta
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kiah Buchner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Alexa Makreas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Nolan English
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Anna Nitschke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Sofia Garcia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Natalie Arora
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Managing Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairwoman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0897
IRS990EZ/OtherExpensesTotalAmt061950
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The specific purpose of this corporation is to promote the common business interest of fund operations professionals in the venture capital industry.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Pre-COVIDQuarterly Chapter Meetings providing on-the-job training and professional development.4 meetings per chapter (SF, LA, NYC, Silicon Valley) per year.All members served = ~ 80-100/annuallyRegular Networking Events providing unique opportunities to engage in the communityand build long-lasting relationships.4-5 gatherings per chapter (SF, LA, NYC, Silicon Valley) per year.All members served = ~ 80-100/annuallyAnnual Summit high-powered 3-day Summit of exclusive content, special training andprofessional development sessions.1 time per year (all chapter gathering.All members served = ~ 60-85/annually
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1During COVIDMonthly Virtual Meetings providing on-the-job training and professionaldevelopment.Approximately 20-25 meetings per year.All members served = ~ 80-100/annuallyRegular Virtual Networking Events providing unique opportunities to engage in the community and build long-lasting relationships.Approximately 15-20 meetings per year.All members served = ~ 80-100/annuallyVirtual Summit high-powered 2-day Summit of exclusive content, special training andprofessional development sessions.1 time per year (all chapter gathering).All members served = ~ 80-100/annually
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt070000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt125000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03680
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07625
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0100449
IRS990EZ/TotalProgramServiceExpensesAmt095000
IRS990EZ/TotalRevenueAmt073353
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.letstalkops.com
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $19688
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $7225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1340
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Virtual Events $12512
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues & Subscriptions $8494
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals & Enter. LTO Summit $6556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Meals & Enter. SF Chapter $2300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Gifts - Speakers, etc. $2199
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Fees $325
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Meals & Enter. SV Chapter $144
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11NY Chapter $143
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Taxes and Licenses $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Accounts Payable and Accrued Expenses - Beginning $1350 Accounts Payable and Accrued Expenses - Ending $7625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Uncategorized - Beginning $2330 Uncategorized - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kristen Ostro
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Managing Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lets Talk Ops
ReturnHeader/Filer/BusinessNameControlTxt0LETS
ReturnHeader/Filer/EIN0832896194
ReturnHeader/Filer/PhoneNum05108427855
ReturnHeader/Filer/USAddress/AddressLine1Txt05214-F Diamond Heights Blvd 512
ReturnHeader/Filer/USAddress/CityNm0San Francisco
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094131
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680228024
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARMON BURSTYN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01012 HACIENDA DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALNUT CREEK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094598
ReturnHeader/PreparerPersonGrp/PhoneNum09252863522
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Harmon Burstyn
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-01-26T10:38:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-11-01
ReturnHeader/TaxPeriodEndDt02020-10-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,339
Liabilities
$7,625
Net assets
$6,714
Revenue
$73,353
Expenses
$100,449
Net income
-$27,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$1.24$0.77$7.11$7.77$0.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.23$0.03$3.90$3.67$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.14$0.08$0.07$0.73$1.00$0.27
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)6 • <$500k nonprofits