Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
68 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
3 people listed on the 990; $17K paid to officers and key staff.
Steven Lindo’s $9K as President/CEO is at the 5th 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 · 2 named individuals · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Steven Lindo | $8,650 | $10,640 |
| Janice Lindo | $8,650 | $7,980 |
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
- Loans to or from officersSch L · Pt II2 listed
Programs and updates
Provides educational programs and workshops to bridge the technology knowledge divide for career preparation.
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Springboard innovation hub provides virtual office spaces, high-speed internet access, private meeting rooms, desks space, collaborative areas, and large co-meeting rooms. We provide mentoring for startups, business development workshops, and access to a wide network of support services.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $16K | $16K |
| Land, buildings, equipmentLn 10c | $4K | $3K |
| Total assetsLn 16 | $99K | $51K |
| LiabilitiesLn 26 | $282K | $248K |
| Net assetsLn 32 | −$183K | −$197K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $17K | $13K | $3K | $2K |
| Other salaries and wagesLn 7 | $99K | $74K | $15K | $10K |
| Payroll taxesLn 10 | $987 | $740 | $148 | $99 |
| Other fees for servicesLn 11g | $7K | $660 | $6K | |
| Office expensesLn 13 | $8K | $5K | $2K | $732 |
| OccupancyLn 16 | $72K | $47K | $19K | $7K |
| TravelLn 17 | $1K | $1K | ||
| Depreciation, depletion and amortizationLn 22 | $1K | $789 | $316 | $109 |
| InsuranceLn 23 | $4K | $4K | ||
| Other expenses (24a–d)Ln 24 | $4K | $3K | $1K | $381 |
| Total functional expensesLn 25 | $216K | $146K | $50K | $19K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $201K | $216K | −$14K | −$197K | 990 PDF |
| FY2024 | $209K | $266K | −$57K | −$183K | 990 PDF |
| FY2023 | $253K | $273K | −$20K | −$126K | 990 PDF |
| FY2022 | Not on file | ||||
| FY2021 | $116K | −$51K | 990 PDF | ||
| FY2020 | $172K | −$68K | 990 PDF | ||
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $201,444 across 5 lines filed
Part IX · Statement of functional expenses $215,604 across 10 lines filed
Part X · Balance sheet $51,175 assets, 10 lines filed
Part XI · Reconciliation of net assets −$196,802 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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