Startup Maine Inc
- Assets
- $20.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-4792702
Organization Overview
Startup Maine Inc is located in Portland, ME. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Startup Maine Inc 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 Maine Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $9.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
STARTUP MAINE IS ABOUT GROWING ENTERPRISES AND CHANGING CULTURE IN THE REGION, REDEFINING THE CONVENTIONAL WISDOM OF WHAT AN ECONOMIC CENTER LOOKS LIKE, AND WHAT CAN BE ACHIEVED OUTSIDE OF MAJOR METROPOLITAN AREAS. IT'S ALSO ABOUT CREATING COMMUNITY AMONG THOSE MAKING IT HAPPEN, WHILE CURATING TRULY GREAT CONTENT AND CONVERSATIONS THAT WILL RAISE THE BAR AND INSPIRE PEOPLE INTO ACTION, NO MATTER WHERE THEY LIVE, OR WHAT THEY'RE WORKING ON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Kraus Vice Preside | 0.48 | $0 | |
Katie Shorey President | 3.85 | $0 | |
Chandra Leister Board Member | 0.1 | $0 | |
Sally Newhall Board Member | 0.1 | $0 | |
Tom Kittridge Secretary | 0.48 | $0 | |
Amberlynn Esperanza Board Member | 0.19 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,009 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,312 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,763 |
| Total expenses | $9,075 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,120 |
| Other assets | $0 |
| Total assets | $20,120 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,120 |