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 12/2022, Startup Virginia employed 6 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 12/2022, Startup Virginia generated $941.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $788.8k during the year ending 12/2022. While expenses have increased by 28.2% per year over the past 6 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

2022

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
Richard Wintsch
Executive Director
$163,311
Noelle James
Managing Director
$111,843
Karen Booth Adams
Director
$0
Arnold Kim
Director
$0
Brad Cummings
Director
$0
Krissy Gathright
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$553,999
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$553,999
Total Program Service Revenue$385,694
Investment income $277
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,625
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $941,595

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Startup Virginia has recieved totaling $89,001.

Awarding OrganizationAmount
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$62,500
Massey Foundation

Richmond, VA

PURPOSE: UNRESTRICTED

$20,000
Williams Mullen Foundation

Richmond, VA

PURPOSE: DONATION

$5,000
Mckesson Foundation

Dallas, TX

PURPOSE: CHARITABLE

$1,501
View Grant Recipient Profile

Create an account to unlock the data you need.

or