Totals
- Total revenue
- $186,924
- Total expenses
- $628,660
- Contributions and grants received
- $140,035
- Grants paid
- $177,989
- Program service revenue
- $46,859
- Investment income
- $30
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $532,924
- Management and general expenses
- $59,759
- Fundraising expenses
- $35,977
- Program service expenses (Part III)
- $532,924
Program services were 84.8% 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.
-
1f · All other contributions, gifts and grants
$140,035
-
2a · Program service revenue: EVENT SPONSORSHIP
total $38,459 · related or exempt $38,459
-
2b · Program service revenue: PROGRAM SERVICE FEES
total $8,400 · related or exempt $8,400
-
3 · Investment income
total $30 · excluded $30
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $161,439 · program services $161,439
-
2 · Grants to domestic individuals
total $16,550 · program services $16,550
-
5 · Compensation of officers, directors and key employees
total $106,369 · program services $77,650 · management and general $14,891 · fundraising $13,828
-
7 · Other salaries and wages
total $80,374 · program services $58,672 · management and general $11,253 · fundraising $10,449
-
9 · Other employee benefits
total $20,778 · program services $15,168 · management and general $2,909 · fundraising $2,701
-
10 · Payroll taxes
total $13,939 · program services $10,176 · management and general $1,951 · fundraising $1,812
-
11a · Fees: management
total $187,473 · program services $161,227 · management and general $22,497 · fundraising $3,749
-
12 · Advertising and promotion
total $1,130 · program services $995 · management and general $90 · fundraising $45
-
13 · Office expenses
total $3,555 · program services $498 · management and general $2,986 · fundraising $71
-
16 · Occupancy
total $2,048 · program services $1,577 · management and general $410 · fundraising $61
-
17 · Travel
total $169 · program services $169
-
23 · Insurance
total $864 · program services $181 · management and general $657 · fundraising $26
-
24a · Other expenses: EQUIPMENT AND SOFTWARE
total $12,443 · program services $7,093 · management and general $2,115 · fundraising $3,235
-
24b · Other expenses: EVENTS
total $11,316 · program services $11,316
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $10,213 · program services $10,213
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $428,850 · end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $23,258 · 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
beginning of year $2,341 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,800
-
10b · Land, buildings and equipment: accumulated depreciation
$3,800
-
10c · Land, buildings and equipment, net
beginning of year $3,800 · end of year $0
-
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
beginning of year $979 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $17,492
-
27 · Net assets without donor restrictions
beginning of year $121,736 · end of year $0
-
28 · Net assets with donor restrictions
beginning of year $320,000 · end of year $0
Mission and programs · 2023
Mission
LUNAR STARTUPS IS CREATING EQUITABLE ENTREPRENEURIAL ECOSYSTEMS BY PROVIDING EDUCATION, SUPPORT, AND CONNECTIVITY TO LEADERS WHO IDENTIFY AS BIPOC, WOMEN, LGBTQ, AND ARE FOUNDING HIGH-IMPACT VENTURES WITH THE GOAL OF BUILDING COMMUNITY WEALTH AND DEVELOPING ENTREPRENEURIAL CAPABILITIES.
Activities or mission (Part I)
PROVIDE EDUCATION AND SUPPORT FOR ENTREPRENEURS IDENTIFYING AS WOMEN, BLACK, INDIGENOUS, PEOPLE OF COLOR (BIPOC), AND LGBTQ+ IN ORDER TO ELIMINATE PREJUDICE AND DISCRIMINATION IN THE ENTREPRENEURIAL ECOSYSTEM.
-
IN 2023, LUNAR EXECUTED THE FOURTH VIRTUAL AND SIXTH FULL COHORT SERVING 18 ENTREPRENEURS. LUNAR'S TEAM, INCLUDING THE PROGRAM MANAGER AND DEVELOPMENT MANAGER, ADDED CRITICAL CAPACITY. LUNAR'S SIXTH COHORT BROUGHT THE TOTAL PORTFOLIO TO 77 COMPANIES AND GAVE LUNAR THE STATISTICALLY SIGNIFICANT DATA TO FINALIZE THE ACCELERATOR METHODOLOGY. LUNAR ALSO FINISHED PHASE THREE OF AN IMPACT ASSESSMENT THAT ANALYZED THE ECONOMIC IMPACT OF THE COHORT COMPANIES IN MINNESOTA. TO DATE, LUNAR ALUMNI HAVE CREATED MORE THAN $237 MILLION IN ECONOMIC IMPACT FOR MINNESOTA.
Expenses $532,924 · Grants $177,989 · Revenue $46,859
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marcus OwensMARCUS OWENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrea DavilaANDREA DAVILA
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Tyree BurksTYREE BURKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danielle SteerDANIELLE STEER
EXECUTIVE DIRECTOR/SECRETA
- Total calculated
- $107,425
- From this org
- $107,425
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jade DensonJADE DENSON
TREASURER
- 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
-
$156,034
CASH GRANTS
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$120,000
Liquidation · CASH · Oct 1, 2023 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442649349300909
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.