Civic Intelligence

Lunar Inc

EIN 84-4699429 • 501(c)3 • St Paul, MN

Profile

Lunar startups is creating equitable entrepreneurial ecosystems by providing education, support, and connectivity to leaders who identify as bipoc, women, lgbtq, and are founding high-impact ventures with the goal of building community wealth and developing entrepreneurial capabilities.

1908 Univeristy Ave WSt Paul, MN 55104

www.lunarstartups.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.04x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.03x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

11th percentile

-33%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

8th percentile

-31%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-26%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $459,228 (-100%) from 2022

Liabilities

Down

$0

Down $17,492 (-100%) from 2022

Net Assets

Down

$0

Down $441,736 (-100%) from 2022

Revenue

Down

$186,924

Down $428,844 (-70%) from 2022

Expenses

Down

$628,660

Down $193,081 (-23%) from 2022

Net Income

Down

-$441,736

Down $235,763 (-114%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2020: $290,807Liabilities 2020: $0Net Assets 2020: $290,8072020Assets 2021: $668,972Liabilities 2021: $21,263Net Assets 2021: $647,7092021Assets 2022: $459,228Liabilities 2022: $17,492Net Assets 2022: $441,7362022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $298,520Expenses 2020: $7,713Net Income 2020: $290,8072020Revenue 2021: $834,126Expenses 2021: $477,225Net Income 2021: $356,9012021Revenue 2022: $615,768Expenses 2022: $821,741Net Income 2022: -$205,9732022Revenue 2023: $186,924Expenses 2023: $628,660Net Income 2023: -$441,7362023

Highlighted filing

2023

Revenue$186,924
Expenses$628,660
Net Income-$441,736

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 18, 2024
Return Version
2023v5.1
Gross Receipts
$186,924
Mission and Program Overview

Mission

Lunar startups is creating equitable entrepreneurial ecosystems by providing education, support, and connectivity to leaders who identify as bipoc, women, lgbtq, and are founding high-impact ventures with the goal of building community wealth and developing entrepreneurial capabilities.

Provide education and support for entrepreneurs identifying as women, black, indigenous, people of color (bipoc), and lgbtq+ in order to eliminate prejudice and discrimination in the entrepreneurial ecosystem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$428,850$0▼ $428,850
Accounts Receivable$23,258$0▼ $23,258
Land, Buildings, and Equipment, Net$3,800$0▼ $3,800
Prepaid Expenses and Deferred Charges$2,341$0▼ $2,341
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$459,228$0▼ $459,228
Other Assets Total$979$0▼ $979
Liabilities
Accounts Payable and Accrued Expenses$17,492--
Total Liabilities$17,492$0▼ $17,492
Net Assets / Fund Balance
Net Assets With Donor Restrictions$320,000$0▼ $320,000
Net Assets Without Donor Restrictions$121,736$0▼ $121,736
Total Net Assets Fund Balance$441,736$0▼ $441,736
Total Liabilities and Net Assets / Fund Balance$459,228$0▼ $459,228

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,800$3,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Danielle SteerExecutive Director/secretaFT$107,425$107,425

Board Members and Trustees

NameTitle
Andrea DavilaPresident
Marcus OwensDirector
Tyree BurksDirector
Jade DensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$140,035
Program Service Revenue
$46,859
Investment Income
$30
Other Revenue
$0
All Other Contributions
$140,035
Change in Net Assets
$-441,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,211
Salaries, Compensation, and Employee Benefits$221,460
Grants and Similar Amounts Paid$177,989
Total Fundraising Expense$35,977
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$161,227$22,497$3,749$187,473
Grants to Domestic Orgs$161,439--$161,439
Current Officers, Directors, Trustees, and Key Employees$77,650$14,891$13,828$106,369
Other Salaries and Wages$58,672$11,253$10,449$80,374
Other Employee Benefits$15,168$2,909$2,701$20,778
Grants to Domestic Individuals$16,550--$16,550
Payroll Taxes$10,176$1,951$1,812$13,939
Other Expenses$10,213$2,115$3,235$10,213
Office Expenses$498$2,986$71$3,555
Occupancy$1,577$410$61$2,048
Advertising$995$90$45$1,130
Insurance$181$657$26$864
Travel$169--$169
Total Functional Expenses$532,924$59,759$35,977$628,660
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Connect Up InstituteSt Paul, MN-Cash Grants$156,034
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No

Governance Explanations

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

Initial overview and data is compiled by executive director. The return is then prepared by outside public accounting firm. Thereafter, the return is reviewed by the treasurer for recommendation to the board, which is then reviewed and approved by all board members.

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

The organization monitors and enforces its conflict of interest policy by periodic reviews each year and soliciting its board members for descriptions of any conflicting interests. These reviews include: whether compensation arrangements and benefits are reasonable and result of arm's length bargaining; and whether partnerships, joint ventures, and arrangments with other organizations conform to lunar inc.'s written policies, are properly recorded, reflect reasonable investment or payments for goods/services, further the charitable purpose, and do not result in impermissible private benefit or excess benefit transaction.

Form 990, Part VI, Section B, Line 15

The board, independent of the staff, will conduct a review of comparable salaries in other nonprofits in the region. The board will document who was involved in the review and the process used to conduct the review. Individuals receiving compensation will not participate in the review. The board's approval of all compensation decisions will be memorialized in written record.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Lunar Inc
EIN
84-4699429
Phone
6515040184
Address
1908 UNIVERISTY AVE W, ST PAUL, MN 55104

Signing Officer

Name
Danielle Steer
Title
Executive Director
Phone
6515040184
Signed
2024-09-18

Organization Details

Principal Officer
Danielle Steer
Formed
2020
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
0

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
Adam Kellerhals
Phone
9529201455
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. As a result, the organization does not pay federal income tax. Therefore no provision or liability for federal income taxes has been included in the financial statements. Management has determined that the organization does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. The organization's federal informational returns are subject to examination by the irs, generally for three years after they were filed.

Raw XML AppendixShowing 400 of 424 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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IRS990/ActivityOrMissionDesc0PROVIDE EDUCATION AND SUPPORT FOR ENTREPRENEURS IDENTIFYING AS WOMEN, BLACK, INDIGENOUS, PEOPLE OF COLOR (BIPOC), AND LGBTQ+ IN ORDER TO ELIMINATE PREJUDICE AND DISCRIMINATION IN THE ENTREPRENEURIAL ECOSYSTEM.
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IRS990/MissionDesc0LUNAR STARTUPS IS CREATING EQUITABLE ENTREPRENEURIAL ECOSYSTEMS BY PROVIDING EDUCATION, SUPPORT, AND CONNECTIVITY TO LEADERS WHO IDENTIFY AS BIPOC, WOMEN, LGBTQ, AND ARE FOUNDING HIGH-IMPACT VENTURES WITH THE GOAL OF BUILDING COMMUNITY WEALTH AND DEVELOPING ENTREPRENEURIAL CAPABILITIES.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0111
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0331
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0331
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.48310
IRS990ScheduleA/PublicSupportPY170Pct00.45980
IRS990ScheduleA/PublicSupportTotal170Amt0806040
IRS990ScheduleA/SubstantialContributorsTotAmt0862132
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0140035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0460280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0775137
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0292720
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01668172
IRS990ScheduleA/TotalSupportAmt01668614
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/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03800
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03800
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A RESULT, THE ORGANIZATION DOES NOT PAY FEDERAL INCOME TAX. THEREFORE NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION'S FEDERAL INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt016550
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt015
IRS990ScheduleI/RecipientTable/CashGrantAmt0156034
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CASH GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CONNECT UP INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientEIN0852918250
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01908 UNIVERISTY AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ST PAUL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
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IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0CONNECT UP INSTITUTE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-10-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0852918250
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0120000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01908 UNIVERSITY AVENUE W
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0ST PAUL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd055104
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INITIAL OVERVIEW AND DATA IS COMPILED BY EXECUTIVE DIRECTOR. THE RETURN IS THEN PREPARED BY OUTSIDE PUBLIC ACCOUNTING FIRM. THEREAFTER, THE RETURN IS REVIEWED BY THE TREASURER FOR RECOMMENDATION TO THE BOARD, WHICH IS THEN REVIEWED AND APPROVED BY ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BY PERIODIC REVIEWS EACH YEAR AND SOLICITING ITS BOARD MEMBERS FOR DESCRIPTIONS OF ANY CONFLICTING INTERESTS. THESE REVIEWS INCLUDE: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND RESULT OF ARM'S LENGTH BARGAINING; AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGMENTS WITH OTHER ORGANIZATIONS CONFORM TO LUNAR INC.'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS/SERVICES, FURTHER THE CHARITABLE PURPOSE, AND DO NOT RESULT IN IMPERMISSIBLE PRIVATE BENEFIT OR EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD, INDEPENDENT OF THE STAFF, WILL CONDUCT A REVIEW OF COMPARABLE SALARIES IN OTHER NONPROFITS IN THE REGION. THE BOARD WILL DOCUMENT WHO WAS INVOLVED IN THE REVIEW AND THE PROCESS USED TO CONDUCT THE REVIEW. INDIVIDUALS RECEIVING COMPENSATION WILL NOT PARTICIPATE IN THE REVIEW. THE BOARD'S APPROVAL OF ALL COMPENSATION DECISIONS WILL BE MEMORIALIZED IN WRITTEN RECORD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt02
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059759
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0532924
IRS990/TotalFunctionalExpensesGrp/TotalAmt0628660
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0441736
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0532924
IRS990/TotalProgramServiceRevenueAmt046859
IRS990/TotalReportableCompFromOrgAmt0107425
IRS990/TotalRevenueGrp/ExclusionAmt030
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt046859
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0186924
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
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IRS990/TravelGrp/ProgramServicesAmt0169
IRS990/TravelGrp/TotalAmt0169
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/WebsiteAddressTxt0HTTPS://WWW.LUNARSTARTUPS.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIELLE STEER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06515040184

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