Totals
- Total revenue
- $2,249,420
- Total expenses
- $2,121,305
- Contributions and grants received
- $566,977
- Grants paid
- $1,345,886
- Program service revenue
- -$5,047
- Investment income
- $1,685,798
- Other revenue
- $1,692
- Total assets, end of year
- $2,671,983
- Total liabilities, end of year
- $149,153
- Net assets or fund balances, end of year
- $2,522,830
- Program services expenses (Part IX)
- $1,982,806
- Management and general expenses
- $114,446
- Fundraising expenses
- $24,053
- Program service expenses (Part III)
- $1,982,806
Program services were 93.5% 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.
-
1e · Government grants (contributions)
$428,817
-
1f · All other contributions, gifts and grants
$138,160
-
2a · Program service revenue: OWNERSHIP IN STARTUPS
total -$5,047 · related or exempt -$5,047
-
3 · Investment income
total $50,131 · excluded $50,131
-
7a · Gross sales of assets other than inventory
other assets $1,635,667
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $1,635,667
-
7d · Net gain or loss
total $1,635,667 · related or exempt $1,635,667
-
11a · Other revenue: OTHER INCOME
total $1,692 · excluded $1,692
-
11e · Other revenue, total
$1,692
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,345,886 · program services $1,345,886
-
5 · Compensation of officers, directors and key employees
total $290,104 · program services $232,083 · management and general $46,417 · fundraising $11,604
-
7 · Other salaries and wages
total $255,209 · program services $204,168 · management and general $40,833 · fundraising $10,208
-
9 · Other employee benefits
total $17,074 · program services $13,659 · management and general $2,732 · fundraising $683
-
10 · Payroll taxes
total $32,648 · program services $26,118 · management and general $5,224 · fundraising $1,306
-
11b · Fees: legal
total $4,462 · program services $4,418 · management and general $44
-
11c · Fees: accounting
total $4,788 · program services $4,740 · management and general $48
-
11f · Fees: investment management
total $8,714 · management and general $8,714
-
11g · Fees: other
total $6,297 · program services $5,038 · management and general $1,007 · fundraising $252
-
12 · Advertising and promotion
total $45,908 · program services $45,908
-
13 · Office expenses
total $9,020 · management and general $9,020
-
14 · Information technology
total $11,581 · program services $11,465 · management and general $116
-
16 · Occupancy
total $29,100 · program services $28,809 · management and general $291
-
19 · Conferences, conventions and meetings
total $7,632 · program services $7,632
-
23 · Insurance
total $8,051 · program services $8,051
-
24a · Other expenses: LAUNCH IT CINCY EXPENSE
total $21,428 · program services $21,428
-
24b · Other expenses: INVENTURE
total $16,696 · program services $16,696
-
24c · Other expenses: COMMUNITY SHOWCASE
total $5,710 · program services $5,710
-
24d · Other expenses: LEVEL-UP COURSES
total $646 · program services $646
-
24e · All other expenses
total $351 · program services $351
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $99,593 · end of year $161,107
-
2 · Savings and temporary cash investments
beginning of year $976,495 · end of year $460,345
-
3 · Pledges and grants receivable
beginning of year $330,000 · end of year $301,000
-
4 · Accounts receivable
beginning of year $47,786 · end of year $60,064
-
7 · Other notes and loans receivable
beginning of year $149,729 · end of year $146,112
-
12 · Investments: other securities
beginning of year $771,035 · end of year $1,359,518
-
13 · Investments: program-related
beginning of year $140,470 · end of year $183,837
-
17 · Accounts payable and accrued expenses
beginning of year $39,993 · end of year $3,041
-
25 · Other liabilities
beginning of year $149,729 · end of year $146,112
-
27 · Net assets without donor restrictions
beginning of year $2,325,386 · end of year $2,522,830
Mission and programs · 2022
Mission
PROMOTE REGIONAL ECONOMIC DEVELOPMENT BY PROVIDING A PHYSICAL STRUCTURE TO START-UP AND EMERGING TECHNOLOGY BUSINESSES; TO EDUCATE THE REGIONAL BUSINESS COMMUNITIES ON TECHNOLOGY ISSUES AND OPPORTUNITIES; TO PROVIDE A FORUM FOR THE DISSEMINATION OF IDEAS, TECHNOLOGY, BUSINESS PRACTICES, AND OTHER INFORMATION AMONG REGIONAL TECHNOLOGY BUSINESS AND REGIONAL COLLEGES AND UNIVERSITIES; AND TO CONDUCT ANY ACTIVITY CONSISTENT WITH SUCH PURPOSE.
-
MAIN STREET VENTURES: AN ENTREPRENEUR-SUPPORT ORGANIZATION FOCUSED ON ENTREPRENEURIAL ECOSYSTEM BUILDING AND INCREASING ACCESS TO CAPITAL FOR EMERGING BUSINESSES WITH THE POTENTIAL TO CREATE JOBS AND OPPORTUNITIES IN THE REGION.
Expenses $1,982,806 · Grants $1,345,886 · Revenue $1,630,620
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tony AlexanderTONY ALEXANDER
PRESIDENT (PART YEAR)
- Total calculated
- $272,104
- From this org
- $272,104
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $272,104
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $272,104
-
Tara NolandTARA NOLAND
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Robert W McDonaldROBERT W MCDONALD
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Dave KnoxDAVE KNOX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
George MolinskyGEORGE MOLINSKY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jb KroppJB KROPP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John MooreJOHN MOORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ryan WatsonRYAN WATSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joel StoneJOEL STONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Paula Boggs MuethingPAULA BOGGS MUETHING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kelly BonnellKELLY BONNELL
EXEC DIR & PRES (PART YEAR EACH)
- Total calculated
- $25,043
- From this org
- $25,043
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Sean ParkerSEAN PARKER
EXECUTIVE DIRECTOR (PART YEAR)
- Total calculated
- $0
- Hours/week
- 40
-
Sarah KubalaSARAH KUBALA
CFO
- Total calculated
- $18,000
- From this org
- $18,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
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
- 4c · Equity-based compensation arrangement
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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)
- PART I, LINE 4C
- TONY ALEXANDER'S 2022 FORM W-2 AMOUNT OF $272,104 NOTED HERE IS A RESULT OF THE ORGANIZATION'S CONTRACTUAL OBLIGATION TO HIM FOR HIS PAST WORK.
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
-
UNTOLD CONTENT
$55,000
SEED FUNDING
-
HEADS UP GOGGLES LLC (REKKIE)
$40,000
SEED FUNDING
-
TUTOR TEENS
$40,000
SEED FUNDING
-
ABBA CARE INC
$35,000
SEED FUNDING
-
BOSA LLC
$35,000
SEED FUNDING
-
BEYOND LLC
$30,000
SEED FUNDING
-
$30,000
SEED FUNDING
-
CACKLEBERRY
$30,000
SEED FUNDING
-
CLEANUP COLLECTIVE LLC
$30,000
SEED FUNDING
-
COOLER KEG
$30,000
SEED FUNDING
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MSV INVESTMENTS LLC
INVESTMENTS · OH · income $0 · assets $190,148
Directly controlled by MAIN STREET VENTURES
-
BRANDERY LLC
RUNS 3-MONTH ACCELERATOR PROGRAM · OH · income $0 · assets $0
Directly controlled by MAIN STREET VENTURES
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421349349301207
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.