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← MOONSHOT EDVENTURES

Form 990 for tax year 2022

Filed by MOONSHOT EDVENTURES.

Totals

Total revenue
$2,601,302
Total expenses
$2,430,563
Contributions and grants received
$2,585,071
Grants paid
$1,173,720
Program service revenue
$13,300
Investment income
$307
Other revenue
$2,624
Total assets, end of year
$3,496,264
Total liabilities, end of year
$162,325
Net assets or fund balances, end of year
$3,333,939
Program services expenses (Part IX)
$2,043,593
Management and general expenses
$280,385
Fundraising expenses
$106,585
Program service expenses (Part III)
$2,043,593

Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,585,071

  • 2a · Program service revenue: PARTICIPANT PROGRAM FEES

    total $13,300 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $307 · unrelated business $0 · excluded $307

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $2,624 · related or exempt $2,624 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $2,624

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,173,720 · program services $1,173,720

  • 7 · Other salaries and wages

    total $509,786 · program services $334,969 · management and general $89,970 · fundraising $84,847

  • 9 · Other employee benefits

    total $59,047 · program services $34,990 · management and general $17,644 · fundraising $6,413

  • 10 · Payroll taxes

    total $40,340 · program services $25,059 · management and general $10,398 · fundraising $4,883

  • 14 · Information technology

    total $25,896 · program services $5,785 · management and general $19,395 · fundraising $716

  • 16 · Occupancy

    total $56,598 · program services $36,788 · management and general $14,150 · fundraising $5,660

  • 19 · Conferences, conventions and meetings

    total $105,750 · program services $99,532 · management and general $6,089 · fundraising $129

  • 22 · Depreciation, depletion and amortization

    total $3,533 · program services $0 · management and general $3,533 · fundraising $0

  • 24a · Other expenses: Professional and Contract Services

    total $418,450 · program services $332,042 · management and general $86,408 · fundraising $0

  • 24b · Other expenses: OTHER OPERATING EXPENSES

    total $20,670 · program services $708 · management and general $16,025 · fundraising $3,937

  • 24c · Other expenses: PROFESSIONAL DEVELOPMENT

    total $16,773 · program services $0 · management and general $16,773 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,184,953 · end of year $3,297,734

  • 3 · Pledges and grants receivable

    beginning of year $0

  • 4 · Accounts receivable

    beginning of year $42,614 · end of year $81,627

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,445 · end of year $4,683

  • 10a · Land, buildings and equipment: cost or other basis

    $16,911

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,604

  • 10c · Land, buildings and equipment, net

    beginning of year $4,840 · end of year $6,307

  • 15 · Other assets

    beginning of year $13,507 · end of year $105,913

  • 17 · Accounts payable and accrued expenses

    beginning of year $87,859 · end of year $65,450

  • 25 · Other liabilities

    end of year $96,875

  • 27 · Net assets without donor restrictions

    beginning of year $2,101,951 · end of year $2,615,126

  • 28 · Net assets with donor restrictions

    beginning of year $1,060,549 · end of year $718,813

Mission and programs · 2022

Mission

Moonshot cultivates a community of BIPOC & historically marginalized leaders to launch, improve and sustain schools and programs designed to center and meet the needs of students on the margins.

  • Fellowship: Moonshot edVentures runs the Moonshot Fellowship to support individuals in exploring the idea of designing and launching a new school or learning environment. The Fellowship occurs in three stages, each of which focuses on leadership development, learning environment design, and launch.

    Expenses $611,394 · Revenue $8,300

  • Direct to Fellows Learning Fund is a micro-grant opportunity for Moonshot Fellows. Fellows can apply each year to receive a micro-grant that supports the launch or sustainability of their venture, and/or their own professional development and leadership.

    Expenses $88,961

  • Moonshot's Residency Bridge Year and full-time School Launcher Residency provide intensive, personalized support for Fellows looking to launch schools. The Residency Bridge Year Program is a year-long, part-time program for Fellows to assess their interest and readiness in moving into the Residency. The Residency is a full-time program where Fellows develop the foundational skills and plans needed for school launch in Metro Denver.

    Expenses $371,741

  • Program Launcher Residency is a full-time Residency that provides intensive, personalized support for Fellows running start-up educational nonprofits. Through the Residency, Fellows build robust infrastructure and systems to scale their impact for students.

    Expenses $365,792

  • The Moonshot Incubator is a pilot program for regional organizations to learn Moonshot's ways of working, gain access to Moonshot's School Launcher Fellowship playbook, receive coaching, and begin to conceptualize their own local leadership programming.

    Revenue $5,000

  • Moonshot acts as a fiscal sponsor to mission-aligned organizations currently applying for and receiving 501c3 status with the IRS. Moonshot accepts grants on behalf of the fiscally sponsored organizations and closely monitors the project's expenditures to ensure alignment with the funding's charitable intent.

    Expenses $605,705

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kathryn Ling

    CEO

    Total calculated
    $195,768
    From this org
    $188,239
    From related orgs
    $0
    Other
    $7,529
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,239
    Bonus
    $0
    Other
    $7,529
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $195,768

  • Josh Klaris

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Ian Connell

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Elizabeth City

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Crystal Rountree

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Caleb Fields

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Harsha Sekar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christine Deleon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 3
The board of directors has an annual discussion on executive compensation.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
25 February 2023
IRS schema version
2022v5.0
Source object
202321269349300727

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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