Form 990 for tax year 2023
Filed by SOUTHWEST COLORADO ACCELERATOR PROGRAM FOR ENTREPRENEURS.
Totals
- Total revenue
- $90,333
- Total expenses
- $293,821
- Contributions and grants received
- $102,321
- Grants paid
- $0
- Program service revenue
- $38,100
- Investment income
- -$50,088
- Other revenue
- $0
- Total assets, end of year
- $1,309,857
- Total liabilities, end of year
- $65,195
- Net assets or fund balances, end of year
- $1,244,662
- Program services expenses (Part IX)
- $247,259
- Management and general expenses
- $32,436
- Fundraising expenses
- $14,126
- Program service expenses (Part III)
- $247,259
Program services were 84.2% 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)
$70,621
-
1f · All other contributions, gifts and grants
$31,700
-
2a · Program service revenue: FUND MANAGEMENT FEES
total $38,100 · related or exempt $38,100
-
7b · Less cost or other basis and sales expenses
securities $50,088
-
7c · Gain or loss
securities -$50,088
-
7d · Net gain or loss
total -$50,088 · related or exempt -$50,088
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $106,416 · program services $74,491 · management and general $21,283 · fundraising $10,642
-
7 · Other salaries and wages
total $57,974 · program services $57,974
-
9 · Other employee benefits
total $20,366 · program services $16,865 · management and general $2,334 · fundraising $1,167
-
10 · Payroll taxes
total $13,867 · program services $11,155 · management and general $1,808 · fundraising $904
-
11b · Fees: legal
total $18,000 · program services $18,000
-
11c · Fees: accounting
total $28,821 · program services $25,430 · management and general $3,391
-
11g · Fees: other
total $21,337 · program services $21,201 · management and general $136
-
12 · Advertising and promotion
total $6,747 · program services $6,747
-
13 · Office expenses
total $1,921 · program services $1,621 · management and general $200 · fundraising $100
-
14 · Information technology
total $2,267 · program services $1,587 · management and general $453 · fundraising $227
-
16 · Occupancy
total $9,600 · program services $6,720 · management and general $1,920 · fundraising $960
-
17 · Travel
total $1,519 · program services $1,519
-
19 · Conferences, conventions and meetings
total $1,578 · program services $1,578
-
23 · Insurance
total $465 · management and general $465
-
24a · Other expenses: TELEPHONE
total $2,459 · program services $2,081 · management and general $252 · fundraising $126
-
24b · Other expenses: MEMBERSHIP AND DUES
total $290 · program services $290
-
24c · Other expenses: LICENSE AND FEES
total $194 · management and general $194
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,057,289 · end of year $906,975
-
4 · Accounts receivable
beginning of year $188 · end of year $2,087
-
9 · Prepaid expenses and deferred charges
beginning of year $1,939 · end of year $1,977
-
10a · Land, buildings and equipment: cost or other basis
$17,033
-
10b · Land, buildings and equipment: accumulated depreciation
$17,033
-
13 · Investments: program-related
beginning of year $479,943 · end of year $398,818
-
17 · Accounts payable and accrued expenses
beginning of year $62,071 · end of year $65,195
-
27 · Net assets without donor restrictions
beginning of year $1,477,288 · end of year $1,244,662
Mission and programs · 2023
Mission
SCAPE IS THE SOUTHWEST COLORADO ACCELERATOR PROGRAM FOR ENTREPRENEURS. OUR MISSION IS TO HELP CREATE MORE HIGH GROWTH, JOB CREATING COMPANIES IN SOUTHWEST COLORADO; THROUGH OFFERING AN ACCELERATOR PROGRAM WHICH PROVIDES ACCESS TO FUNDING, EDUCATION AND INTENSE MENTORING TO STARTUPS AND EARLY STAGE COMPANIES.
-
SCAPE BUILT OUT A VIDEO LIBRARY IN 2023 TO HELP SERVE MORE ENTRPRENEURS AND PRESERVE CONTENT OF MENTORS. THE SCAPE COMPANIES CONTINUED TO RAISE ADDITIONAL INVESTMENTS, HIRE LOCAL EMPLOYEES, AND GROW. MANY COMMUNITY MEMBERS WERE SERVED THROUGH REGIONAL EVENTS AND MEETUPS. IN 2024 SCAPE WILL BE WORKING WITH ADDITIONAL NEW COMPANIES AND SUPPORTING OUR PORTFOLIO OF COMPANIES AS THEY GROW.
Expenses $247,259 · Revenue $38,100
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Elizabeth MarshELIZABETH MARSH
EXECUTIVE DI
- Total calculated
- $106,416
- From this org
- $106,416
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
John WolgamottJOHN WOLGAMOTT
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
Gary MasnerGARY MASNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Jim MacKayJIM MACKAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
William JohnsenWILLIAM JOHNSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Laura Lewis MarchinoLAURA LEWIS MARCHINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
- 29 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202440899349301609
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