Start Garden Llc
- Assets
- $1.0m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 10
- Location
- Grand Rapids, MI
- Founding
- 07/2017
- Data as of
- 12/2023
- EIN
- 81-1987459
Organization Overview
Start Garden Llc is located in Grand Rapids, MI. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Start Garden Llc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Start Garden Llc 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 12/2023, Start Garden Llc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Start Garden Llc has awarded 66 individual grants totaling $676,698. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF START GARDEN IS TO BRING TOGETHER FINANCIAL, INTELLECTUAL AND SOCIAL CAPITAL TO ENTREPRENEURS TO EMPOWER THE STARTUP ECOSYSTEM OF WEST MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
START GARDEN WORKS TO ESTABLISH A CULTURE OF ENTREPRENEURSHIP AND INVEST INTO THAT CULTURE. START GARDEN PROVIDES PHYSICAL INFRASTRUCTURE FOR NEW BUSINES INCUBATION, SERVICES TO BUILD AN ENTREPRENEURS INTELLECTUAL CAPITAL, EVENTS AND PROGRAMS TO EXPAND AN ENTREPRENEURS SOCIAL NETWORK THROUGHOUT THE BUSINESS COMMUNITY AND BUILD CAPACITY OF OTHER ORGANIZATIONS SUPPORTING ENTREPRENEURS AND STREAMLINE THEIR PARTICIPATION IN THE BROADER SYSTEM. START GARDEN MAKES AVAILABLE TO ITS ENTREPRENEURS/MEMBERS BOTH PHYSICAL SPACE AND TECHNOLOGY, BUT ALSO ACCESS TO RELATIONSHIP, EDUCATION, MENTORSHIPS AND FINANCIAL RESOURCES. IN 2023, START GARDEN SERVED 53 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darel Ross Executive Directorpresident | OfficerTrustee | 40 | $130,412 |
Jorge Gonzalez Program Director | 40 | $108,681 | |
Laurie Supinski Program Director | 40 | $107,588 | |
Paul Moore Program Director | 40 | $98,885 | |
Kyama Kitavi Director | Trustee | 1 | $0 |
Renee Williams Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $262,655 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $262,655 |
| Total Program Service Revenue | $1,027,157 |
| Investment income | $1,405 |
| 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 | $1,291,217 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,000 |
| Grants and other assistance to domestic individuals. | $332,031 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $793,941 |
| Pension plan accruals and contributions | $27,419 |
| Other employee benefits | $149,977 |
| Payroll taxes | $58,801 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $732 |
| Fees for services: Accounting | $43,799 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $78,518 |
| Advertising and promotion | $56,882 |
| Office expenses | $35,207 |
| Information technology | $44,199 |
| Royalties | $0 |
| Occupancy | $420,760 |
| Travel | $72,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,938 |
| Interest | $1,951 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,910 |
| Insurance | $2,582 |
| All other expenses | $0 |
| Total functional expenses | $2,403,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $342,446 |
| Savings and temporary cash investments | $6,688 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $11,794 |
| Loans from Officers, Directors, or Controlling Persons | $7,085 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $11,300 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $31,694 |
| Net Land, buildings, and equipment | $540,699 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,026,706 |
| Accounts payable and accrued expenses | $295,741 |
| 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 | $410,283 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $706,024 |
| Net assets without donor restrictions | $245,682 |
| Net assets with donor restrictions | $75,000 |
| 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 | $1,026,706 |
Grants Awarded
Over the last fiscal year, Start Garden Llc has awarded $62,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
WIMAGE PURPOSE: idea winner | $10,000 |
ANDREA WALLACE PURPOSE: idea winner | $10,000 |
LUXE ARTISAN PRESERVES PURPOSE: idea winner | $10,000 |
ROBINSONS POPCORN PURPOSE: idea winner | $6,000 |
MOODFUL INSIGHTS LLC PURPOSE: idea winner | $20,000 |
BLACK QUEEN BEE LLC PURPOSE: idea winner | $6,000 |