Startup Champions Network INC FY2022 filing

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To provide builders of entrepreneurial ecosystems the connections, resources, and professional development they need to cultivate thriving and inclusive communities.

501(c)(3) charity; gifts are tax-deductible.
53¢ 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
2 of 3
filings with a surplus
Average surplus $21K a year · 16% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
23 mo
of spending, in cash
Looks good: 22.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $65K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$34K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$167K
+91% vs prior year
Spent
$87K
To programs
53%
Net assets
$137K
By yearFY2020–FY2024
Revenue
$167K
FY2022▲ +91%
Tap a bar for its year
Revenue by fiscal year
FY2020$138K
FY2021$88K
FY2022$167K
FY2023$94K
FY2024$45K
Expenses
$87K
FY2022▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$160K
FY2021$84K
FY2022$87K
FY2023Not on file
FY2024Not on file
Net assets
$137K
FY2022▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020$103K
FY2021$98K
FY2022$137K
FY2023$80K
FY2024$24K

From the FY2022 Form 990 · 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 Nov 2017.

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

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $46K Management & general 22% · $19K Fundraising 25% · $22K

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

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Past President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Kristin B Leutz’s $86K as Executive Di is at the 96th percentile of top reported officer pay among 168 <$100K community development 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.

See Startup Champions Network INC executive salaries →

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

Connects and equips entrepreneurial ecosystem builders with resources and training to foster thriving communities.

Questions for Startup Champions Network INC

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1 program · $46K · in their own filed words · FY2022
01

We provide the builders of entrepreneurial ecosystems with the connections, resources, and professional development they need to cultivate thriving and inclusive communities. We hosted 1 summit for members to learn and share resources in des moines, ia.

$46Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$65K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$167K
Ln 12
Gifts and grantsLn 1h$104K
Fees for servicesLn 2g$63K
Money outPt IX
$87K
Ln 25
Programscol B$46K
Managementcol C$19K
Fundraisingcol D$22K
Owns and owesPt X
$137K
net assets · Ln 32
Cash and savingsLn 1–2$164K
Total assetsLn 16$172K
LiabilitiesLn 26$34K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$104K
Fees for servicesLn 2g$63K
Total revenueLn 12$167K
Assets in detailPt X, end of year
CashLn 1$164K
Cash and savings togetherLn 1–2$164K
Other assetsLn 15$588
Total assetsLn 16$172K
LiabilitiesLn 26$34K
Net assetsLn 32$137K
OperationsPt I, VI
EmployeesI 51
VolunteersI 630
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 FY22End FY22
Cash and savingsLn 1–2$97K$164K
Total assetsLn 16$98K$172K
LiabilitiesLn 26$0$34K
Net assetsLn 32$98K$137K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$31K$9K$22K
Office expensesLn 13$2K$2K
TravelLn 17$1K$1K
Conferences, conventions and meetingsLn 19$35K$35K
InterestLn 20$1K$1K
InsuranceLn 23$450$450
Other expenses (24a–d)Ln 24$6K$6K
Total functional expensesLn 25$87K$46K$19K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS May 6, 2025 $45K$24K 990 PDF
FY2023Filed with the IRS May 2, 2024 $94K$80K 990 PDF
FY2022 ViewingFiled with the IRS May 15, 2023 $167K$87K$81K$137K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $88K$84K$4K$98K 990 PDF
FY2020Filed with the IRS Sep 10, 2021 $138K$160K−$22K$103K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $167,341 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $50,000$104,500
I-9 Program service revenuePrior year $37,772$62,841
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $87,772$167,341
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 $11,230$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $72,529$86,693
I-18 Total expensesPrior year $83,759$86,693
I-19 Revenue less expensesPrior year $4,013$80,648
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $167,341 across 4 lines filed
VIII-1f All other contributions, gifts and grants$104,500
VIII-1h Total contributions, gifts and grants$104,500
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $62,841$62,841
VIII-12 Total revenueRelated to mission $62,841 · Unrelated business $0 · Excluded from tax $0$167,341
Part IX · Statement of functional expenses $86,693 across 8 lines filed
IX-11c Accounting feesManagement $9,425$9,425
IX-11g Other fees for servicesPrograms $9,425 · Fundraising $21,800$31,225
IX-13 Office expensesManagement $1,989$1,989
IX-17 TravelPrograms $1,354$1,354
IX-19 Conferences, conventions and meetingsPrograms $34,933$34,933
IX-20 InterestManagement $1,051$1,051
IX-23 InsuranceManagement $450$450
IX-24 Other expenses (24a–d)Management $6,266$6,266
IX-25 Total functional expensesPrograms $45,712 · Management $19,181 · Fundraising $21,800$86,693
Part X · Balance sheet $171,845 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $97,031$163,757
X-3 Pledges and grants receivable$7,500
X-15 Other assetsStart of year $588$588
X-16 Total assetsStart of year $97,619$171,845
X-25 Other liabilitiesStart of year $0$34,428
X-26 Total liabilitiesStart of year $0$34,428
X-27 Net assets without donor restrictionsStart of year $97,031$136,829
X-28 Net assets with donor restrictionsStart of year $588$588
X-32 Total net assets or fund balancesStart of year $97,619$137,417
X-33 Total liabilities and net assetsStart of year $97,619$171,845
Part XI · Reconciliation of net assets $137,417 net assets at year end
XI-1 Total revenue$167,341
XI-2 Total expenses$86,693
XI-3 Revenue less expenses$80,648
XI-4 Net assets at start of year$97,619
XI-9 Other changes in net assets−$40,850
XI-10 Net assets at end of year$137,417

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

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