Form 990 for tax year 2023
Filed by SPIRITS TRAINING ENTREPRENEURSHIP PROGRAM FOR UNDERREPRESENTED PROFE.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2023 , filed 11 May 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $47,148
- Total expenses
- $226,968
- Contributions and grants received
- $21,687
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $25,461
- Other revenue
- $0
- Total assets, end of year
- $1,299,954
- Total liabilities, end of year
- $24,371
- Net assets or fund balances, end of year
- $1,275,583
- Program services expenses (Part IX)
- $122,352
- Management and general expenses
- $85,815
- Fundraising expenses
- $18,801
- Program service expenses (Part III)
- $122,352
Program services were 53.9% 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
$21,687
-
3 · Investment income
total $25,461 · related or exempt $25,461
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $49,625 · management and general $49,625
-
10 · Payroll taxes
total $4,174 · management and general $4,174
-
11c · Fees: accounting
total $17,718 · management and general $17,718
-
11e · Fees: professional fundraising services
total $9,000 · fundraising $9,000
-
12 · Advertising and promotion
total $9,801 · fundraising $9,801
-
13 · Office expenses
total $800 · program services $239 · management and general $561
-
16 · Occupancy
total $43,188 · program services $43,188
-
17 · Travel
total $25,416 · program services $23,570 · management and general $1,846
-
19 · Conferences, conventions and meetings
total $10,877 · program services $10,877
-
23 · Insurance
total $5,108 · management and general $5,108
-
24a · Other expenses: Career coach
total $3,000 · program services $3,000
-
24b · Other expenses: Dues & Subscriptions
total $3,930 · management and general $3,930
-
24c · Other expenses: Intern stipends
total $41,214 · program services $41,214
-
24d · Other expenses: Postage & Shipping
total $701 · management and general $701
-
24e · All other expenses
total $2,416 · program services $264 · management and general $2,152
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $587,270 · end of year $180,023
-
2 · Savings and temporary cash investments
beginning of year $600,594 · end of year $909,502
-
3 · Pledges and grants receivable
beginning of year $300,000 · end of year $200,000
-
4 · Accounts receivable
beginning of year $10,675 · end of year $3,675
-
9 · Prepaid expenses and deferred charges
beginning of year $5,927 · end of year $6,754
-
24 · Unsecured notes and loans payable
beginning of year $3,036
-
25 · Other liabilities
beginning of year $46,043 · end of year $24,371
-
27 · Net assets without donor restrictions
beginning of year $1,155,387 · end of year $1,075,583
-
28 · Net assets with donor restrictions
beginning of year $300,000 · end of year $200,000
Mission and programs · 2023
Mission
The Stepup Foundation, A 501(C)(3) Charitable Foundation, provides underserved and underrepresented individuals with training, encouragement, and oppportunities to enter the Craft Spirits Community through a comprehensive internship program.
-
Provided the underserved and underrepresented individuals with hands-on training and education, encouragement, and opportunities to enter the spirits community through a comprehensive internship program like no other in the alcohol beverage industry.
Expenses $122,352
As filed on the 2023 return.
Listed in Part VII
-
Chris Underwood
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Cid
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ingrid Wetzell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris Montana
Director
- Total calculated
- $0
- Hours/week
- 5
-
Rebecca Harris
Director Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Julie Kinch
Director Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Margie Lehrman
Director President
- Total calculated
- $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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 May 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432269349301198
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.