Stitchcrew INC FY2023 filing

Tax-deductible

Oklahoma City, OK501(c)(3)Since 2017Human ServicesEIN 82-3028832Revenue $1.1M in FY2023

On file with the IRSstitchcrew.com309 Nw 13th St, 73103-3708 · Oklahoma City, OKTax-exempt since Nov 2018Publicly supported charity — 170(b)(1)(A)(vi)

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Educational programs for technology entrepreneurs. As well as support to economic development organizations on how to develop technology driven startup ecosystems and diversity inclusion program to grow the local economy organically.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$255K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $155K a year · 22% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$255K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $110K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+63% vs prior year
Spent
$680K
To programs
53%
Net assets
$640K
By yearFY2020–FY2025
Revenue
$1.1M
FY2023▲ +63%
Tap a bar for its year
Revenue by fiscal year
FY2020$394K
FY2021$516K
FY2022$672K
FY2023$1.1M
FY2024$769K
FY2025$797K
Expenses
$680K
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$406K
FY2021$412K
FY2022$556K
FY2023$680K
FY2024$618K
FY2025$640K
Net assets
$640K
FY2023▲ +182%
Tap a bar for its year
Net assets by fiscal year
FY2020$7K
FY2021$111K
FY2022$227K
FY2023$640K
FY2024$792K
FY2025$948K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2018.

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% · $362K Management & general 47% · $318K

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

3 people listed on the 990; $255K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$96,456Pt VII · Sec A
Treasurer
$82,704Pt VII · Sec A
$76,306Pt VII · Sec A

Erika Lucas’s $111K as President is at the 90th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Erika Lucas$110,636$96,279$96,456$91,167$85,000$85,000
Chris Lucas$95,095$89,224$82,704$74,000$67,999$67,999
Gaby Eichenlaub$85,703$81,674$76,306$64,800$58,000$58,000

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers tech entrepreneurs and economic developers to build thriving, inclusive startup ecosystems.

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Provided by the organization

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1 program · $362K · in their own filed words · FY2023
01

Democratize access to resources, capital and networks for entrepreneurs everywhere, share best practices and encourage open collaboration to support the growth of the innovation economy.

$362Kprogram 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 · FY2025
New Profit INCFY2025$110K
Total grants receivedfrom 1 funder$110K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.1M
Investment incomeLn 3$2K
Money outPt IX
$680K
Ln 25
Programscol B$362K
Managementcol C$318K
Owns and owesPt X
$640K
net assets · Ln 32
Cash and savingsLn 1–2$640K
Total assetsLn 16$640K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$268K
Noncash giftsLn 1g$48K
Investment incomeLn 3$2K
Gains on assetsLn 7$0
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$240K
SavingsLn 2$400K
Cash and savings togetherLn 1–2$640K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$640K
LiabilitiesLn 26$0
Net assetsLn 32$640K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$227K$640K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$227K$640K
LiabilitiesLn 26$0$0
Net assetsLn 32$227K$640K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$140K$140K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$255K$255K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$9K$9K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$38K$38K
Payroll taxesLn 10$21K$21K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$65K$65K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$8K$8K
Information technologyLn 14$4K$4K
RoyaltiesLn 15$0
OccupancyLn 16$48K$48K
TravelLn 17$12K$12K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$24K$24K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$500$500
Other expenses (24a–d)Ln 24$48K$48K
All other expensesLn 24e$2K$620$1K
Total functional expensesLn 25$680K$362K$318K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $797K$640K$157K$948K 990 PDF
FY2024 $769K$618K$151K$792K 990 PDF
FY2023 Viewing $1.1M$680K$413K$640K 990 PDF
FY2022 $672K$556K$116K$227K 990 PDF
FY2021 $516K$412K$104K$111K 990 PDF
FY2020 $394K$406K−$12K$7K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $1,093,046 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $671,937$1,090,938
I-9 Program service revenue$0
I-10 Investment incomePrior year $43$2,108
I-11 Other revenue$0
I-12 Total revenuePrior year $671,980$1,093,046
I-13 Grants and similar amounts paidPrior year $60,000$140,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $258,274$323,741
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $237,452$216,167
I-18 Total expensesPrior year $555,726$679,908
I-19 Revenue less expensesPrior year $116,254$413,138
Part VI · Governance 0 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $1,093,046 across 10 lines filed
VIII-1e Government grants$267,938
VIII-1f All other contributions, gifts and grants$823,000
VIII-1g Noncash contributions (included above)$48,000
VIII-1h Total contributions, gifts and grants$1,090,938
VIII-3 Investment incomeRelated to mission $2,108$2,108
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,108$1,093,046
Part IX · Statement of functional expenses $679,908 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $140,000$140,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $255,466$255,466
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $8,667$8,667
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $38,326$38,326
IX-10 Payroll taxesManagement $21,282$21,282
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,000$1,000
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $65,061$65,061
IX-12 Advertising and promotionPrograms $4,210$4,210
IX-13 Office expensesPrograms $8,018$8,018
IX-14 Information technologyPrograms $4,422$4,422
IX-15 Royalties$0
IX-16 OccupancyPrograms $48,000$48,000
IX-17 TravelPrograms $11,703$11,703
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $24,032$24,032
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $500$500
IX-24 Other expenses (24a–d)Programs $47,553$47,553
IX-24e All other expensesPrograms $620 · Management $1,048$1,668
IX-25 Total functional expensesPrograms $362,286 · Management $317,622 · Fundraising $0$679,908
Part X · Balance sheet $640,312 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $227,174$240,312
X-2 Savings and temporary cash investments$400,000
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $227,174$640,312
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $227,174$640,312
X-32 Total net assets or fund balancesStart of year $227,174$640,312
X-33 Total liabilities and net assetsStart of year $227,174$640,312
Part XI · Reconciliation of net assets $640,312 net assets at year end
XI-1 Total revenue$1,093,046
XI-2 Total expenses$679,908
XI-3 Revenue less expenses$413,138
XI-4 Net assets at start of year$227,174
XI-10 Net assets at end of year$640,312

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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