Startupstark EIN 83-2693720

Startupstark

EIN  83-2693720 Public charity (501(c)(3)) Canton, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Connects, promotes, and supports local small businesses for economic growth in Stark County.
Leadership
Christopher Cutter · Vice President · $11K
Money in and out
$201K revenue, $194K expenses
Bottom line
34% program efficiency

Connects, promotes, and supports local small businesses for economic growth in Stark County. For fiscal year 2021 it reported $201K in revenue, $194K in expenses, and $140K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.34 Management & general $0.66
Program efficiency
34%
of spending reaches programs▼ -20% vs prior filing year
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate▲ +133% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -88% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$201K
FY2021▼ -54%
Expenses
$194K
FY2021▼ -40%
Total assets
$170K
FY2021▲ +6%
Total liabilities
$30K
FY2021▲ +11%
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$194K
Pt IX · Ln 25
Net assets
$140K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$170K
Program-expense ratioPt IX · col B34%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $66K of program spending, described in the organization's own filed words · FY2021.
01

Community based job boards with innovative, creative, and communal office space.

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStartupstark
EINHdr · item D83-2693720
Principal addressHdr · item CCanton, OH
WebsiteHdr · item Jwww.startupstark.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S31)
Ruling yearIRS BMFFeb 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$11,077Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Christopher Cutter’s $11K as Vice President is at the 37th percentile of top reported officer pay among 167 <$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.

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Statement of Revenue

Part VIII
Program service revenue$139K · 69%
Contributions & grants$47K · 23%
Other revenue$15K · 7%
Program service revenue69%$139K
Contributions & grants23%$47K
Other revenue7%$15K
— government grantsLn 1e$26K
Total revenueLn 12$201K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.34 Management & general $0.66
Program services34%$66K
Management & general66%$129K
Total functional expensesLn 25$194K

Balance Sheet

Part X · end of year
CashLn 1$101K
Total assetsLn 16$170K
Total liabilitiesLn 26$30K
Total net assetsLn 32$140K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $101K · Operating expenses/yr $194K
6.3 months
Where the money goes
Program services
Program services $66K · Total expenses $194K
34%
Management & General
Management & general $129K · Total expenses $194K
66%
Fundraising
Fundraising $0 · Total expenses $194K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $10K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $47K · Total revenue $201K
23%
Government reliance
Government grants $26K · Total revenue $201K
13%
Earned-income share
Program service revenue $139K · Total revenue $201K
69%
Investment reliance
Investment income $0 · Total revenue $201K
0%
Program self-sufficiency
Program service revenue $139K · Total expenses $194K
71%
Growth & trend
Revenue growth (YoY)
This year $201K · Prior year $434K
-54%
Net-asset trend (YoY)
End of year $140K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $201K · Expenses $194K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $170K
Net-asset ratio
Net assets $140K · Total assets $170K
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $170K
0%
People & payroll
Highest Reported Total Compensation
Individual Christopher Cutter · Reported title VICE PRESIDENT · Highest reported compensation $11K · Total expenses $194K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $85K · Total expenses $194K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 34%
Overhead ratio 66%
Fundraising cost ratio 0%
Revenue growth -54%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$35

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$201K revenue · viewing · ⤓ 990 PDF
FY2020$434K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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