Grid110 INC
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Helps new entrepreneurs in Los Angeles find their way to success. For fiscal year 2024 it reported $422K in revenue, $408K in expenses, and $290K in net assets.Pt I
Summary of the Filing
Where the work happens
Launchpad Extension Program
Facilitated 1 cohort of 12 companies, who were ready to take their idea past launch and receive more focused support including additional educational programming, mentorship and critical resources. "
Idea to Launch Bootcamp
Faciliated 1 cohort of 34 idea stage companies, providing them with access to educational programming, mentorship and critical resources.
Community Expenses
Supported previous program participants (alumni) through continued educational workshops, networking events, and advising hours. We also supported external community through events and workshops. "
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Shrina Kurani’s $63K as Executive Director is at the 61st percentile of top reported officer pay among 1213 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Miki Reynolds | $50,938 | $114,361 | $107,459 | $114,361 |
| Shrina Kurani | $63,043 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 63% | — | — |
| Overhead ratio | 28% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | -43% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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