Uncharted FY2021 filing

Denver, COUnknown exempt organization EIN 80-0534659Revenue $1.7M in FY2021

On file with the IRSuncharted.org3532 Franklin Street No 1 · Denver, CO

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Educate, train and support entrepreneurs to launch financially sustainable businesses and non-profit organizations to provide solutions to global economic, social, and environmental issues.

69¢ of each $1 spent went to programs.
$132K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $546K a year · 45% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$132K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$288K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
-1.0% vs prior year
Spent
$2.0M
To programs
69%
Net assets
$1.1M
By yearFY2020–FY2022
Revenue
$1.7M
FY2021▼ -1.0%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.7M
FY2021$1.7M
FY2022$217K
Expenses
$2.0M
FY2021▲ +0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$2.0M
FY2022$1.3M
Net assets
$1.1M
FY2021▼ -22%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.1M
FY2022$0

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $1.4M Management & general 15% · $313K Fundraising 15% · $305K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $132K paid to officers and key staff.

Part VII, Section A · reportable compensation
$132,409Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
CEO Common F
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Banks Benitez$67,657$132,409$118,989

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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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

Empowers entrepreneurs to build sustainable businesses and nonprofits addressing global challenges.

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Provided by the organization

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1 program · $1.4M · in their own filed words · FY2021
01

We believe that our world, and how we improve it, is not fixed. There is no single way to solve the problems we face. That is why our programs bring together the people best positioned to put a dent in an issue and gives them access to what they need - mentors, funders, partners, policy makers, you name it - to attack that issue from all…

$1.4Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$2K
Grants paid · 29 grants · $819K · 2020–2022
Common FutureCA · FY2022$95,288
Trust NeighborhoodsMO · FY2021$75,000
Pie for Providers LtdIL · FY2021$25,000
LevelFY2021$25,000
Thrive Industries IncorporatedFY2021$25,000
Missouri Workers CenterMO · FY2021$25,000
Living Wage for US INCGA · FY2021$25,000
Cave Consulting PbcFY2021$25,000
Full Citizens CoalitionFY2021$25,000
Family and Friends FundIN · FY2021$25,000
New Movement to Redress RacialCA · FY2021$25,000
RainFY2021$25,000
Movers and ShakersNY · FY2021$8,569
SiriumFY2020$25,000
Individual RecipientFY2020$25,000
Individual RecipientFY2020$25,000
OnwardFY2020$25,000
Individual RecipientFY2020$25,000
See all 29 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$380K
Other incomeLn 4–11$42K
Money outPt IX
$2.0M
Ln 25
Programscol B$1.4M
Managementcol C$313K
Fundraisingcol D$305K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.4M
LiabilitiesLn 26$288K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$470K
Fees for servicesLn 2g$34K
Investment incomeLn 3$380K
Other incomeLn 4–11$42K
Gains on assetsLn 7$380K
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$19K
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$260
Land, buildings, equipmentLn 10c$38K
Other assetsLn 15$4K
Total assetsLn 16$1.4M
LiabilitiesLn 26$288K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 518
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.8M$1.3M
InvestmentsLn 11–13$304$260
Land, buildings, equipmentLn 10c$37K$38K
Total assetsLn 16$1.9M$1.4M
LiabilitiesLn 26$516K$288K
Net assetsLn 32$1.4M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$334K$334K
Pay of current officers, directors and key staffLn 5$132K$33K$33K$66K
Other salaries and wagesLn 7$944K$667K$128K$149K
Other employee benefitsLn 9$157K$102K$23K$31K
Payroll taxesLn 10$119K$77K$18K$24K
Accounting feesLn 11c$14K$14K
Other fees for servicesLn 11g$107K$83K$23K
Advertising and promotionLn 12$18K$7K$2K$9K
Office expensesLn 13$3K$2K$501$683
Information technologyLn 14$21K$21K
OccupancyLn 16$57K$40K$9K$9K
TravelLn 17$6K$3K$3K
Conferences, conventions and meetingsLn 19$7K$6K$366$1K
InterestLn 20$20K$10K$6K$4K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$12K$6K$4K$2K
Other expenses (24a–d)Ln 24$66K$35K$25K$6K
All other expensesLn 24e$4K$2K$2K$111
Total functional expensesLn 25$2.0M$1.4M$313K$305K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $217K$1.3M−$1.1M$0 990 PDF
FY2021 Viewing $1.7M$2.0M−$308K$1.1M 990 PDF
FY2020 $1.7M$2.0M−$279K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,716,485 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,502,362$1,261,273
I-9 Program service revenuePrior year $231,596$34,025
I-10 Investment incomePrior year −$598$379,639
I-11 Other revenue$41,548
I-12 Total revenuePrior year $1,733,360$1,716,485
I-13 Grants and similar amounts paidPrior year $430,000$333,569
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,279,015$1,351,469
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $302,937$339,245
I-18 Total expensesPrior year $2,011,952$2,024,283
I-19 Revenue less expensesPrior year −$278,592−$307,798
Part VI · Governance 4 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,716,485 across 8 lines filed
VIII-1e Government grants$470,314
VIII-1f All other contributions, gifts and grants$790,959
VIII-1h Total contributions, gifts and grants$1,261,273
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $34,025$34,025
VIII-6 Net rental income or lossExcluded from tax $20,000$20,000
VIII-7 Net gain or loss on sales of assetsRelated to mission $379,639$379,639
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $21,548$21,548
VIII-12 Total revenueRelated to mission $435,212 · Excluded from tax $20,000$1,716,485
Part IX · Statement of functional expenses $2,024,283 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $333,569$333,569
IX-5 Pay of current officers, directors and key staffPrograms $33,102 · Management $33,102 · Fundraising $66,205$132,409
IX-7 Other salaries and wagesPrograms $666,536 · Management $128,353 · Fundraising $149,068$943,957
IX-9 Other employee benefitsPrograms $101,743 · Management $23,479 · Fundraising $31,306$156,528
IX-10 Payroll taxesPrograms $77,074 · Management $17,786 · Fundraising $23,715$118,575
IX-11c Accounting feesManagement $13,896$13,896
IX-11g Other fees for servicesPrograms $83,311 · Management $23,203$106,514
IX-12 Advertising and promotionPrograms $7,178 · Management $1,795 · Fundraising $8,973$17,946
IX-13 Office expensesPrograms $1,830 · Management $501 · Fundraising $683$3,014
IX-14 Information technologyManagement $21,496$21,496
IX-16 OccupancyPrograms $40,024 · Management $8,577 · Fundraising $8,577$57,178
IX-17 TravelPrograms $2,867 · Fundraising $2,867$5,734
IX-19 Conferences, conventions and meetingsPrograms $5,851 · Management $366 · Fundraising $1,097$7,314
IX-20 InterestPrograms $9,761 · Management $5,857 · Fundraising $3,904$19,522
IX-22 Depreciation, depletion and amortizationManagement $4,360$4,360
IX-23 InsurancePrograms $5,857 · Management $3,514 · Fundraising $2,343$11,714
IX-24 Other expenses (24a–d)Programs $34,684 · Management $25,140 · Fundraising $6,498$66,322
IX-24e All other expensesPrograms $2,202 · Management $1,922 · Fundraising $111$4,235
IX-25 Total functional expensesPrograms $1,405,589 · Management $313,347 · Fundraising $305,347$2,024,283
Part X · Balance sheet $1,387,104 assets, 15 lines filed
Asset lines not itemized here account for $64,454; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $1,734,371$1,248,334
X-2 Savings and temporary cash investmentsStart of year $19,482$19,484
X-9 Prepaid expenses and deferred chargesStart of year $13,771$12,860
X-10c Land, buildings and equipment, netStart of year $37,478$37,557
X-11 Publicly traded securitiesStart of year $304$260
X-15 Other assetsStart of year $4,155$4,155
X-16 Total assetsStart of year $1,922,762$1,387,104
X-17 Accounts payable and accrued expensesStart of year $90,263$96,052
X-24 Unsecured notes and loans payableStart of year $410,617$189,968
X-25 Other liabilities$2,000
X-26 Total liabilitiesStart of year $515,880$288,020
X-27 Net assets without donor restrictionsStart of year $1,065,040$869,090
X-28 Net assets with donor restrictionsStart of year $341,842$229,994
X-32 Total net assets or fund balancesStart of year $1,406,882$1,099,084
X-33 Total liabilities and net assetsStart of year $1,922,762$1,387,104
Part XI · Reconciliation of net assets $1,099,084 net assets at year end
XI-1 Total revenue$1,716,485
XI-2 Total expenses$2,024,283
XI-3 Revenue less expenses−$307,798
XI-4 Net assets at start of year$1,406,882
XI-10 Net assets at end of year$1,099,084

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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