Startupaz Foundation EIN 83-4147658 Form 990 (PDF) Claim this org

Startupaz Foundation FY2021 filing

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Builds a local community of entrepreneurs making a positive impact in Arizona. For fiscal year 2021 it reported $442K in revenue, $370K in expenses, and $441K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Community Development
Location
Phoenix, AZ
Website
startupaz.org
Filings
5 on file (2020–2021)
Revenue
$442KFY2021
Expenses
$370K
Net assets
$441K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-4147658 Public charity (501(c)(3)) Phoenix, AZ Founded 2019
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Builds a local community of entrepreneurs making a positive impact in Arizona.
Leadership
R Brandon Clarke · President Executive Director · $52K
Money in and out
$442K revenue, $370K expenses
Bottom line
53% program efficiency
Where the money goes · FY2021
Total revenue
$442K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$441K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $72K
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.29 Fundraising $0.18
Program efficiency
53%
of spending reaches programs
Operating runway
13.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$442K
FY2021▼ -15%
Expenses
$370K
FY2021▲ +101%
Total assets
$441K
FY2021▲ +30%
Total liabilities
$0
FY2021
Total revenue
$442K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$441K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$72K
Total assetsPt X · Ln 16$441K
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStartupaz Foundation
EINHdr · item D83-4147658
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jstartupaz.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S43)
Ruling yearIRS BMFJan 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President Executive Director
$52,417Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice President Secretary
$0Pt VII · Sec A
Vice President Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

R Brandon Clarke’s $42K as Chair Executive Director is at the 22nd 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

NameFY2024FY2024FY2023FY2022FY2021
Diana Vowels$134,697$116,497$28,000
R Brandon Clarke$41,667$12,500$91,667$125,000$52,417

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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Mission & Programs · Part III

Where the work happens

1 program service account for $195K of program spending, described in the organization's own filed words · FY2020.
01

Startupaz has designed signature initiatives to accelerate the performance of the highest potential startup companies in the region. Emerging leaders make a 12-MONTH commitment to each other to combine their talents, networks, and resources to help each other achieve success in building their companies and creating lasting impact in the…

$195Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$428K · 97%
Program service revenue$14K · 3%
Contributions & grants97%$428K
Program service revenue3%$14K
Investment income$708
Total revenueLn 12$442K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.29 Fundraising $0.18
Program services53%$195K
Management & general29%$109K
Fundraising18%$66K
Total functional expensesLn 25$370K

Balance Sheet

Part X · end of year
CashLn 1$427K
Total assetsLn 16$441K
Total liabilitiesLn 26$0
Total net assetsLn 32$441K
Months of cash on handcomputed13.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $427K · Operating expenses/yr $370K
13.8 months
Where the money goes
Program services
Program services $195K · Total expenses $370K
53%
Management & General
Management & general $109K · Total expenses $370K
29%
Fundraising
Fundraising $66K · Total expenses $370K
18%
Cost to raise $1
Fundraising expense (2-yr avg) $46K · Solicited contributions (2-yr avg) $473K
$0.10 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $428K · Total revenue $442K
97%
Government reliance
Government grants — · Total revenue $442K
Earned-income share
Program service revenue $14K · Total revenue $442K
3%
Investment reliance
Investment income $708 · Total revenue $442K
+0.2%
Program self-sufficiency
Program service revenue $14K · Total expenses $370K
4%
Growth & trend
Revenue growth (YoY)
This year $442K · Prior year $520K
-15%
Net-asset trend (YoY)
End of year $441K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $442K · Expenses $370K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $441K
Net-asset ratio
Net assets $441K · Total assets $441K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $441K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual R Brandon Clarke · Reported title PRESIDENT EXECUTIVE DIRECTOR · Highest reported compensation $52K · Total expenses $370K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $237K · Total expenses $370K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 29%
Fundraising cost ratio 15%
Revenue growth -15%
Investment management fee ratio 0.2%
Legal fee ratio 0%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$34K
Grants paid · 6 grants · $91K · 2019–2024
None Over Reporting ThresholdFY2024$17,129
Yes AzAZ · FY2021$14,126
Truck Repair INCFY2019$15,000
Armored Outdoor GearFY2019$15,000
Integrative Touch for KidsAZ · FY2019$15,000
Blue Willo CateringFY2019$15,000

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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
FY2024$360K revenue · ⤓ 990 PDF
FY2023$261K revenue · ⤓ 990 PDF
FY2022$321K revenue · ⤓ 990 PDF
FY2021$442K revenue · viewing · ⤓ 990 PDF
FY2020$520K 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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