Stlventuresworks FY2024 filing

Tax-deductible

Saint Louis, MO501(c)(3)Since 1990EIN 43-1548996

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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

FY2024 · 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: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$295K
44% of total assets
Looks good: liabilities are 44% 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
$1.8M
+18% vs prior year
Spent
$1.8M
To programs
100%
Net assets
$380K
By yearFY2019–FY2024
Revenue
$1.8M
FY2024▲ +18%
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
$1.8M
FY2024▲ +14%
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
$380K
FY2024▲ +5%
Net assets by fiscal year
FY2019$252K
FY2020$258K
FY2021$497K
FY2022$407K
FY2023$364K
FY2024$380K
FY2024$326K

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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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% · $1.8M

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 (FY2023); the FY2024 filing did not itemize Part VII
Assistant Secretary
$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
$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 service account for $1.8M of program spending, described in the organization's own filed words · FY2023.
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.

$1.8Mprogram expense

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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 FY2024 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.1M
Gifts and grantsLn 1h$703K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.8M
Owns and owesPt X
$380K
net assets · Ln 32
Cash and savingsLn 1–2$359K
Total assetsLn 16$675K
LiabilitiesLn 26$295K
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$703K
Government grantsLn 1e$703K
Fees for servicesLn 2g$1.1M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$359K
Cash and savings togetherLn 1–2$359K
Land, buildings, equipmentLn 10c$247K
Total assetsLn 16$675K
LiabilitiesLn 26$295K
Net assetsLn 32$380K
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 FY24End FY24
Cash and savingsLn 1–2$441K$359K
Land, buildings, equipmentLn 10c$288K$247K
Total assetsLn 16$778K$675K
LiabilitiesLn 26$414K$295K
Net assetsLn 32$364K$380K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$193K$193K
Pension plan contributionsLn 8$6K$6K
Other employee benefitsLn 9$24K$24K
Payroll taxesLn 10$15K$15K
Management feesLn 11a$88K$88K
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$291K$291K
Office expensesLn 13$70K$70K
OccupancyLn 16$824K$824K
TravelLn 17$3K$3K
Depreciation, depletion and amortizationLn 22$58K$58K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$158K$158K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$1.8M$1.8M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $1.8M$1.8M$17K$380K 990 PDF
FY2023 $1.5M$1.6M−$43K$364K 990 PDF
FY2022 $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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,786,136 across 4 lines filed
VIII-1e Government grants$703,219
VIII-1h Total contributions, gifts and grants$703,219
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,082,917$1,082,917
VIII-12 Total revenueRelated to mission $1,082,917 · Unrelated business $0 · Excluded from tax $0$1,786,136
Part IX · Statement of functional expenses $1,769,404 across 14 lines filed
IX-7 Other salaries and wagesPrograms $193,419$193,419
IX-8 Pension plan contributionsPrograms $5,678$5,678
IX-9 Other employee benefitsPrograms $23,564$23,564
IX-10 Payroll taxesPrograms $14,601$14,601
IX-11a Management feesPrograms $88,438$88,438
IX-11c Accounting feesPrograms $28,500$28,500
IX-11g Other fees for servicesPrograms $291,091$291,091
IX-13 Office expensesPrograms $69,522$69,522
IX-16 OccupancyPrograms $823,789$823,789
IX-17 TravelPrograms $2,823$2,823
IX-22 Depreciation, depletion and amortizationPrograms $57,739$57,739
IX-23 InsurancePrograms $9,633$9,633
IX-24 Other expenses (24a–d)Programs $158,042$158,042
IX-24e All other expensesPrograms $2,565$2,565
IX-25 Total functional expensesPrograms $1,769,404 · Management $0 · Fundraising $0$1,769,404
Part X · Balance sheet $675,031 assets, 10 lines filed
Asset lines not itemized here account for $25,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $440,516$358,755
X-4 Accounts receivableStart of year $17,865$42,978
X-9 Prepaid expenses and deferred chargesStart of year $6,280$1,650
X-10c Land, buildings and equipment, netStart of year $288,132$246,648
X-16 Total assetsStart of year $777,793$675,031
X-17 Accounts payable and accrued expensesStart of year $313,871$178,045
X-25 Other liabilitiesStart of year $100,358$116,690
X-26 Total liabilitiesStart of year $414,229$294,735
X-32 Total net assets or fund balancesStart of year $363,564$380,296
X-33 Total liabilities and net assetsStart of year $777,793$675,031
Part XI · Reconciliation of net assets $380,296 net assets at year end
XI-1 Total revenue$1,786,136
XI-2 Total expenses$1,769,404
XI-3 Revenue less expenses$16,732
XI-4 Net assets at start of year$363,564
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$380,296

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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