Totals
- Total revenue
- $769,494
- Total expenses
- $618,210
- Contributions and grants received
- $765,939
- Grants paid
- $50,000
- Program service revenue
- $0
- Investment income
- $3,555
- Other revenue
- $0
- Total assets, end of year
- $791,596
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $791,596
- Program services expenses (Part IX)
- $277,076
- Management and general expenses
- $341,134
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $277,076
Program services were 44.8% 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)
$267,939
-
1f · All other contributions, gifts and grants
$498,000
-
1g · Noncash contributions included above
$48,000
-
3 · Investment income
total $3,555 · excluded $3,555
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: SHIRT SALES
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $50,000 · program services $50,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $267,177 · management and general $267,177
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $66,283 · program services $66,283
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $38,340 · management and general $38,340
-
10 · Payroll taxes
total $32,581 · management and general $32,581
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,200 · management and general $1,200
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $32,997 · program services $32,997
-
12 · Advertising and promotion
total $641 · program services $641
-
13 · Office expenses
total $475 · program services $475
-
14 · Information technology
total $6,556 · program services $6,556
-
15 · Royalties
total $0
-
16 · Occupancy
total $48,000 · program services $48,000
-
17 · Travel
total $8,349 · program services $8,349
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $22,464 · program services $22,464
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $589 · program services $589
-
23 · Insurance
total $857 · management and general $857
-
24a · Other expenses: MEMBERSHIPS
total $25,000 · program services $25,000
-
24b · Other expenses: DUES
total $8,287 · program services $8,287
-
24c · Other expenses: SPONSORSHIP
total $5,000 · program services $5,000
-
24d · Other expenses: MEALS
total $1,070 · program services $1,070
-
24e · All other expenses
total $2,344 · program services $1,365 · management and general $979
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $240,312 · end of year $389,237
-
2 · Savings and temporary cash investments
beginning of year $400,000 · end of year $400,000
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$2,948
-
10b · Land, buildings and equipment: accumulated depreciation
$589
-
10c · Land, buildings and equipment, net
end of year $2,359
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $640,312 · end of year $791,596
Mission and programs · 2024
Mission
Educational programs for technology entrepreneurs. As well as support to economic development organizations on how to develop technology driven startup ecosystems and diversity inclusion program to grow the local economy organically.
-
Democratize access to resources, capital and networks for entrepreneurs everywhere, share best practices and encourage open collaboration to support the growth of the innovation economy.
Expenses $277,076 · Grants $50,000
As filed on the 2024 return.
Listed in Part VII
-
Erika LucasERIKA LUCAS
President
- Total calculated
- $96,279
- From this org
- $96,279
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Chris LucasCHRIS LUCAS
Treasurer
- Total calculated
- $89,224
- From this org
- $89,224
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gaby EichenlaubGABY EICHENLAUB
Secretary
- Total calculated
- $81,674
- From this org
- $81,674
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2024
- Filed
- 11 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202511019349300821
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.