Startupnv
- Assets
- $107.0k
- Revenue
- $699.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Reno, NV
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 81-3398527
Organization Overview
Startupnv is located in Reno, NV. The organization was established in 2016. 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 12/2022, Startupnv employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Startupnv 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, Startupnv generated $699.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $648.8k during the year ending 12/2022. 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
TO EDUCATE ENTREPRENEURS AND INVESTORS. TO CREATE AND GROW A SELF-SUSTAINING STARTUP ECOSYSTEM TO DIVERSIFY NEVADA'S ECONOMY - MAKING OUR STATE MORE ECONMICALLY RESILIENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF STARTUP ENTREPRENEURS, FOUNDERS AND INVESTORS: - CONDUCTED 15 WEEK FOUNDER BOOTCAMP FOR 100+ LOCAL STARTUP FOUNDERS (15 TOTAL SESSIONS)- CONDUCTED "X-N-LEARN" TOPICAL TRAINING SESSIONS ONCE PER MONTH IN BOTH RENO AND LAS VEGAS 924 TOTAL SESSIONS)- CONDUCTED "PITCH DAY" HEARING 2 PITCHES FROM LOCAL FOUNDERS EVERY OTHER WEEK (44 TOTAL PITCHES)- CONDUCTED MORE THAN 80 TOTAL SESSIONS NOTED ABOVE AND SEVERAL OTHER "ONE OFF" SESSIONS THROUGHOUT 2022. - CONDUCTED 1:1 AND SMALL GROUP "COACHING SESSIONS" FOR FOUNDERS- CREATED AND MANAGED A 100+ PERSON VOLUNTEER MENTORSHIP / COACHING PROGRAM FOR LOCAL STARTUP COMPANIES - OPERATED A STARTUP ACCELERATOR PROGRAM FOR UP TO 10 CONCURRENT STARTUP COMPANIES THROUGHOUT 2022 (PAID BY STATE GRANT)- CONDUCTED ANGELNV INVESTOR BOOTCAMP FOR 55 INVESTORS OVER 14 WEEKS (PAID BY EDA GRANT AND INVESTOR DONATIONS)- CONDUCTED ANGELNV "FINALE" AT CITY OF LAS VEGAS CITY HALL FOR 55 INVESTORS PLUS 100+ PUBLIC ATTENDEES - CONDUCTED MULTIPLE (50+) 1:1 AND SMALL GROUP MEETINGS WITH STARTUP INVESTORS FOR TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Saling Co-Founder And Executive Director / President | OfficerTrustee | 60 | $0 |
Steve Hurst Director / Secretary | OfficerTrustee | 10 | $0 |
Bill Slikkerveer Director / Treasurer | OfficerTrustee | 20 | $0 |
Myisha Boyce Director | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $601,625 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,061 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $681,686 |
| Total Program Service Revenue | $18,042 |
| Investment income | $0 |
| 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 | $699,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $354,008 |
| Pension plan accruals and contributions | $28,791 |
| Other employee benefits | $28,857 |
| Payroll taxes | $73,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,080 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,206 |
| Advertising and promotion | $53,676 |
| Office expenses | $11,718 |
| Information technology | $14,665 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,194 |
| All other expenses | $2,611 |
| Total functional expenses | $648,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,959 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,035 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $106,994 |
| Accounts payable and accrued expenses | $10,619 |
| Grants payable | $0 |
| Deferred revenue | $15,794 |
| 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 | $26,413 |
| Net assets without donor restrictions | $0 |
| 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 | $80,581 |
| Total liabilities and net assets/fund balances | $106,994 |