Startup Tucson is located in Tucson, AZ. The organization was established in 2013. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Startup Tucson employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Startup Tucson is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Startup Tucson generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. While expenses have increased by 18.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GROW A STRONG, VIBRANT STARTUP ECOSYSTEM OF COMPANIES, ENTREPRENEURS, AND TALENT IN TUCSON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Pocock CEO | Officer | 40 | $147,500 |
Harry George Director | Trustee | 2 | $0 |
Katina Koller Director | Trustee | 2 | $0 |
Andrew More Director | Trustee | 2 | $0 |
Gina Catalano Director | Trustee | 2 | $0 |
Fletcher Mccusker Director & Chair | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $607,520 |
All other contributions, gifts, grants, and similar amounts not included above | $406,189 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,013,709 |
Total Program Service Revenue | $49,510 |
Investment income | $250 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,071,369 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $49,500 |
Grants and other assistance to domestic individuals. | $22,740 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $159,125 |
Compensation of current officers, directors, key employees. | $23,869 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $309,789 |
Pension plan accruals and contributions | $850 |
Other employee benefits | $21,544 |
Payroll taxes | $33,693 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,468 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $94,043 |
Advertising and promotion | $24,414 |
Office expenses | $6,950 |
Information technology | $10,461 |
Royalties | $0 |
Occupancy | $3,995 |
Travel | $12,542 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $216,655 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,725 |
All other expenses | $11,487 |
Total functional expenses | $1,002,981 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $182,202 |
Savings and temporary cash investments | $108,731 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $230,333 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $42,567 |
Total assets | $563,833 |
Accounts payable and accrued expenses | $9,757 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,757 |
Net assets without donor restrictions | $554,076 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $563,833 |
Over the last fiscal year, Startup Tucson has awarded $39,500 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
FRAQTALS INNOVATIONS LLC PURPOSE: IDEAFUNDING AWARD & PRIZE | $6,000 |
DIVINE HAIR GOODS PURPOSE: IDEAFUNDING AWARD & PRIZE | $26,000 |
THE EARNEST HOUSE LLC PURPOSE: IDEAFUNDING AWARD & PRIZE | $7,500 |