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Nonprofiteer
← UPSTART MAINE INC

Form 990 for tax year 2023

Filed by UPSTART MAINE INC.

Totals

Total revenue
$259,299
Total expenses
$100,914
Contributions and grants received
$258,485
Grants paid
$13,300
Program service revenue
$814
Investment income
$0
Other revenue
$0
Total assets, end of year
$231,045
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$231,045
Program services expenses (Part IX)
$99,994
Management and general expenses
$920
Fundraising expenses
$0
Program service expenses (Part III)
$99,994

Program services were 99.1% 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.

  • 1e · Government grants (contributions)

    $108,510

  • 1f · All other contributions, gifts and grants

    $149,975

  • 2a · Program service revenue: BLITZ ADMISSION

    total $814 · related or exempt $814

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $13,300 · program services $13,300

  • 7 · Other salaries and wages

    total $12,500 · program services $12,500

  • 10 · Payroll taxes

    total $2,052 · program services $2,052

  • 11b · Fees: legal

    total $120 · management and general $120

  • 11c · Fees: accounting

    total $800 · management and general $800

  • 11g · Fees: other

    total $51,586 · program services $51,586

  • 12 · Advertising and promotion

    total $1,581 · program services $1,581

  • 13 · Office expenses

    total $77 · program services $77

  • 17 · Travel

    total $800 · program services $800

  • 23 · Insurance

    total $508 · program services $508

  • 24a · Other expenses: BIG GIG DIRECT EXPENSES

    total $12,213 · program services $12,213

  • 24b · Other expenses: BLITZ DIRECT EXPENSES

    total $2,060 · program services $2,060

  • 24c · Other expenses: INNOVATION NIGHT DIRECT

    total $1,520 · program services $1,520

  • 24d · Other expenses: OPERATIONS

    total $882 · program services $882

  • 24e · All other expenses

    total $915 · program services $915

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $72,660 · end of year $231,045

  • 27 · Net assets without donor restrictions

    beginning of year $72,660 · end of year $231,045

Mission and programs · 2023

Mission

TO PROVIDE EDUCATION AND OUTREACH AND INCREASE PUBLIC AWARENESS IN SUPPORT OF ENTREPRENEURIAL PROGRAMS IN THE GREATER BANGOR ECONOMIC REGION TO STIMULATE BUSINESS INNOVATION AND ENTREPRENEURSHIP.

  • SUPPORTED ENTREPENEURSHIP BY CONNECTING SCALABLE VENTURES WITH RESOURCES, CUSTOMERS, AND EACH OTHER.

    Expenses $99,994 · Grants $13,300 · Revenue $814

As filed on the 2023 return.

Listed in Part VII

  • Gavin Robinson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Caryn Sychterz

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Susan McKay

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Jason Harkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jake Ward

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Stephen Bolduc

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Howorth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Renee Kelly

    ALTERNATE

    Total calculated
    $0
    Hours/week
    1
  • Matthew Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Heather Lux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Santiago Rave

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Beaupre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mitch Stone

    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.

Grants on this return

  • GREENLIGHT MAINE FUND INC

    $9,500

    FUNDING OF GLM AWARDS FOR STARTUP COMPANIES.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202443199349313259

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