Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2016.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
82 cents of each dollar spent went to programs.
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
9 people listed on the 990; $70K paid to officers and key staff.
Cihan Behlivan’s $106K as Executive Director is at the 76th percentile of top reported officer pay among 1709 $100K–1M 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.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Cihan Behlivan | $105,664 | — | — | — | — |
| Casey Shultz | — | — | — | — | $93,381 |
| Kelly Schultze | — | — | $46,519 | $71,814 | — |
| Shelisa Demuth | — | $70,329 | — | — | — |
| Reed Robinson | — | — | — | — | $38,746 |
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 15aNo
Programs and updates
Helps Minnesota entrepreneurs launch and grow their businesses.
Questions for Beta Group
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Twin Cities Startup Week is a week long conference entailing many different startup education events. The conference attracts 1200 attendees and offers 180 sessions in 25 locations around the Twin Cities. The Twin Cities Startup Week is a community run event that offers promotion, exposure, and learning for all business owners who attend.
The Beta Cohort is a free non-dilutive accelerator program that puts founders front and center to Minnesota's technology and innovation community. Together, founding teams learn, work, and grow our state's next great businesses. There are twenty companies that are part of the cohort which meet over four months.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $24K | $54K |
| Total assetsLn 16 | $25K | $54K |
| LiabilitiesLn 26 | $196K | $94K |
| Net assetsLn 32 | −$170K | −$40K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $108K | $87K | $16K | $5K |
| Other employee benefitsLn 9 | $2K | $1K | $275 | $92 |
| Legal feesLn 11b | $400 | $400 | ||
| Accounting feesLn 11c | $33K | $33K | ||
| Other fees for servicesLn 11g | $184K | $169K | $10K | $5K |
| Advertising and promotionLn 12 | $3K | $3K | $136 | $45 |
| Office expensesLn 13 | $13K | $11K | $2K | $657 |
| Information technologyLn 14 | $1K | $1K | $209 | $70 |
| OccupancyLn 16 | $13K | $11K | $2K | $665 |
| TravelLn 17 | $11 | $11 | ||
| Conferences, conventions and meetingsLn 19 | $155 | $124 | $23 | $8 |
| InsuranceLn 23 | $7K | $6K | $1K | $360 |
| Other expenses (24a–d)Ln 24 | $67K | $67K | $0 | $0 |
| Total functional expensesLn 25 | $433K | $356K | $65K | $12K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $490K | $395K | $95K | $55K | 990 PDF |
| FY2023 Viewing | $563K | $433K | $130K | −$40K | 990 PDF |
| FY2022 | $509K | $902K | −$394K | −$170K | 990 PDF |
| FY2021 | $708K | $686K | $23K | $178K | 990 PDF |
| FY2020 | $503K | $501K | $2K | $156K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $563,133 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 1 to look at
Part VIII · Statement of revenue $563,133 across 10 lines filed
Part IX · Statement of functional expenses $433,300 across 13 lines filed
Part X · Balance sheet $53,852 assets, 13 lines filed
Part XI · Reconciliation of net assets −$40,370 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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