Stlventuresworks FY2022 filing

Tax-deductible

Saint Louis, MO501(c)(3)Since 1990EIN 43-1548996Revenue $1.5M in FY2022

On file with the IRSstlventureworks.com120 S Central Ave Ste 200, 63105-1737 · Saint Louis, MOTax-exempt since Feb 1991Publicly supported charity — 170(b)(1)(A)(vi)

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To provide the greater st. Louis area a program of resources and services that contribute to the success rate of business start-ups during their first four years.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $47K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$210K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
-18% vs prior year
Spent
$1.6M
To programs
100%
Net assets
$407K
By yearFY2019–FY2024
Revenue
$1.5M
FY2022▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2019$1.3M
FY2020$1.9M
FY2021$1.9M
FY2022$1.5M
FY2023$1.5M
FY2024$1.8M
FY2024$1.7M
Expenses
$1.6M
FY2022+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.1M
FY2020$1.9M
FY2021$1.6M
FY2022$1.6M
FY2023$1.6M
FY2024$1.8M
FY2024$1.8M
Net assets
$407K
FY2022▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2019$252K
FY2020$258K
FY2021$497K
FY2022$407K
FY2023$364K
FY2024$380K
FY2024$326K

From the FY2022 Form 990 (year ending September 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.6M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
CEO and President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Stlventuresworks executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides resources, services, and support programs to increase the success rate of start-up businesses in the St. Louis area during their first four years.

Provided by the organization

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1 program · $1.6M · in their own filed words · FY2021
01

Not-for-profit CITY/COUNTY partnership established to provide a program of resources and services that contribute to increased success rates of start-up businesses in ST. Louis city and county.

$1.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 41 grants · $359K · 2019–2019
BiogeneratorMO · FY2019$37,500
The Racq Salon and SpaFY2019$14,750
Arch Kids AcademyFY2019$14,000
Rescue Moms Child Development CtrFY2019$13,250
Haven Recovery HomeFY2019$12,870
Body Genie Stl LLCFY2019$12,250
Kare a Lot Child Development CenterFY2019$11,875
Mess Pats DaycareFY2019$10,750
Stl-Stylecom LLCFY2019$9,657
Sjb LLC Restaurant GroupMD · FY2019$9,500
Favored LLCFY2019$9,304
P and M Foods LLCFY2019$9,229
Property ExpertsFY2019$9,000
Atlantis Conscious LivingFY2019$8,500
Belva INC an Apple a Day Learning CenterFY2019$8,000
Tilsunup24hr DaycareFY2019$7,750
Brighter Futures DaycareFY2019$7,750
Liberty Auto Salvage Co INCFY2019$7,500
See all 41 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Fees for servicesLn 2g$960K
Gifts and grantsLn 1h$572K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.6M
Owns and owesPt X
$407K
net assets · Ln 32
Cash and savingsLn 1–2$276K
Total assetsLn 16$617K
LiabilitiesLn 26$210K
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$572K
Government grantsLn 1e$570K
Fees for servicesLn 2g$960K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$276K
Cash and savings togetherLn 1–2$276K
Land, buildings, equipmentLn 10c$311K
Total assetsLn 16$617K
LiabilitiesLn 26$210K
Net assetsLn 32$407K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$324K$276K
Land, buildings, equipmentLn 10c$473K$311K
Total assetsLn 16$870K$617K
LiabilitiesLn 26$372K$210K
Net assetsLn 32$497K$407K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$40K$40K
Other salaries and wagesLn 7$138K$138K
Pension plan contributionsLn 8$7K$7K
Other employee benefitsLn 9$16K$16K
Payroll taxesLn 10$13K$13K
Management feesLn 11a$88K$88K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$240K$240K
Office expensesLn 13$76K$76K
Information technologyLn 14$690$690
OccupancyLn 16$684K$684K
TravelLn 17$3K$3K
Depreciation, depletion and amortizationLn 22$81K$81K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$166K$166K
All other expensesLn 24e$36K$36K
Total functional expensesLn 25$1.6M$1.6M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.8M$1.8M$17K$380K 990 PDF
FY2023 $1.5M$1.6M−$43K$364K 990 PDF
FY2022 Viewing $1.5M$1.6M−$91K$407K 990 PDF
FY2021 $1.9M$1.6M$252K$497K 990 PDF
FY2020 $1.9M$1.9M−$10K$258K 990 PDF
FY2019 $1.3M$1.1M$154K$252K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $1,531,668 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $920,833$571,754
I-9 Program service revenuePrior year $946,866$959,914
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,867,699$1,531,668
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $325,203$213,550
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,290,180$1,408,683
I-18 Total expensesPrior year $1,615,383$1,622,233
I-19 Revenue less expensesPrior year $252,316−$90,565
Part VI · Governance 15 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,531,668 across 5 lines filed
VIII-1e Government grants$569,517
VIII-1f All other contributions, gifts and grants$2,237
VIII-1h Total contributions, gifts and grants$571,754
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $959,914$959,914
VIII-12 Total revenueRelated to mission $959,914 · Unrelated business $0 · Excluded from tax $0$1,531,668
Part IX · Statement of functional expenses $1,622,233 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $40,217$40,217
IX-7 Other salaries and wagesPrograms $137,693$137,693
IX-8 Pension plan contributionsPrograms $6,873$6,873
IX-9 Other employee benefitsPrograms $15,709$15,709
IX-10 Payroll taxesPrograms $13,058$13,058
IX-11a Management feesPrograms $88,425$88,425
IX-11c Accounting feesPrograms $15,700$15,700
IX-11g Other fees for servicesPrograms $240,161$240,161
IX-13 Office expensesPrograms $76,213$76,213
IX-14 Information technologyPrograms $690$690
IX-16 OccupancyPrograms $684,379$684,379
IX-17 TravelPrograms $3,415$3,415
IX-22 Depreciation, depletion and amortizationPrograms $80,520$80,520
IX-23 InsurancePrograms $17,096$17,096
IX-24 Other expenses (24a–d)Programs $166,070$166,070
IX-24e All other expensesPrograms $36,014$36,014
IX-25 Total functional expensesPrograms $1,622,233 · Management $0 · Fundraising $0$1,622,233
Part X · Balance sheet $617,417 assets, 11 lines filed
Asset lines not itemized here account for $25,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $324,286$275,804
X-4 Accounts receivableStart of year $15,757$2,654
X-9 Prepaid expenses and deferred chargesStart of year $6,536$3,438
X-10c Land, buildings and equipment, netStart of year $473,014$310,521
X-16 Total assetsStart of year $869,593$617,417
X-17 Accounts payable and accrued expensesStart of year $235,238$91,436
X-19 Deferred revenueStart of year $32,399$12,887
X-25 Other liabilitiesStart of year $104,463$106,166
X-26 Total liabilitiesStart of year $372,100$210,489
X-32 Total net assets or fund balancesStart of year $497,493$406,928
X-33 Total liabilities and net assetsStart of year $869,593$617,417
Part XI · Reconciliation of net assets $406,928 net assets at year end
XI-1 Total revenue$1,531,668
XI-2 Total expenses$1,622,233
XI-3 Revenue less expenses−$90,565
XI-4 Net assets at start of year$497,493
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$406,928

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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