Startup Virginia

Organization Overview

Startup Virginia is located in Richmond, VA. The organization was established in 2016. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Startup Virginia employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Startup Virginia 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, Startup Virginia generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $938.7k during the year ending 12/2023. While expenses have increased by 26.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

STARTUP VIRGINIA IS A NON-PROFIT, HIGH-GROWTH-BUSINESS INCUBATOR, DEDICATED TO BUILDING A LONG-TERM, SUSTAINABLE ECONOMY FOR VIRGINIA. WE CONNECT OUR STARTUP COMMUNITY TO EXCEPTIONAL MENTORS AND EXTENSIVE PROGRAMS IN A DYNAMIC WORKPLACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STARTUP VIRGINA (SVA) ACTS AS A FRONT DOOR TO ENTREPRENEURSHIP/STARTUP HUB FOR BOTH MAIN STREET AND HIGH POTENTIAL STARTUPS IN THE RICHMOND, VA REGION BY PROVIDING A DYNAMIC WORKSPACE FOR HIGH POTENTIAL COMPANIES AND EDUATIONAL PROGRAMMING FOR THE ENTIRE COMMUNITY.HIGH POTENTIAL STARTUPS - FOR SVA'S HIGH POTENTIAL MEMBER STARTUPS SVA PROVIDES CO-WORKING AND NETWORKING OPORTUNITIES, WORKSHOPS AND SUPPORT THROUGH MEMBERSHIP AND 150+ MENTORS.COMMUNITY PROGRAMMING - SVA LEVERAGES ITS MENTOR AND INVESTOR NETWORKS TO EMPOWER INDIVIDUALS TO COVER AN ARRAY OF TOPICS RELEVANT TO CURRENT ISSUES. PROGRAMS INCLUDE ENTREPRENEURSHIP CERTIFICATION, TIMELY EDUCATIONAL WORKSHOPS AND CONNECTIONS AND NETWORKING.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Karen Booth Adams
Director
$0
Arnold Kim
Director
$0
Krissy Gathright
Director
$0
Maria Pahuja
Director
$0
Tom Krieger
Director
$0
Anne Wilson
Director
$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$582,558
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$582,558
Total Program Service Revenue$422,896
Investment income $27,029
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 $1,032,483

Peer Organizations

Organization NameAssets
Norfolk State University Research And Innovation Foundation
Norfolk, VA
$6,046,806
Brightbridge Inc
Chattanooga, TN
$6,832,470
Small Business Majority Foundation Inc
Washington, DC
$5,327,951
Black Girl Ventures Foundation
Alexandria, VA
$5,599,245
National Small Business United
Washington, DC
$3,336,821
Prince Georges Financial Services Corporation
Largo, MD
$2,663,412
Capital Region Minority Supplier Development Council Inc
Silver Spring, MD
$2,480,051
National Institute Of Minority Economic Development
Durham, NC
$1,411,622
Wilmington Business Development
Wilmington, NC
$1,504,050
Winston Starts
Winstonsalem, NC
$1,251,998
Carolinas-Virginia Minority Supplier Developoment Councils Inc
Charlotte, NC
$1,403,116
Nussbaum Center For Entrepreneurship Inc
Greensboro, NC
$1,232,525
Engine Advocacy
Washington, DC
$1,120,780
Emerging Technology Centers Inc
Baltimore, MD
$1,063,533
Startup Virginia
Richmond, VA
$1,032,483
Venture Capital Foundation
Washington, DC
$1,161,783
Veterans Enterprise Training & Services Group Inc
Washington, DC
$550,558
Piedmont Business Capital
Greensboro, NC
$2,396,117
Carolina Business Capital
Charlotte, NC
$647,224
Harbor Bank Of Maryland Community Development Corporation
Baltimore, MD
$389,210
Entrepreneur Development Center Southwest Tennessee Inc
Jackson, TN
$799,360
Dr William Es Flory Small Business Development Center Inc
Manassas, VA
$336,768
Tristate Minority Supplier Development Council Inc
Nashville, TN
$810,529
Sync Space Entrepreneur Center
Kignsport, TN
$641,438
International Council For Small Business
Washington, DC
$660,626

Create an account to unlock the data you need.

or