ENTREPRENEUR STARTUP BUSINESS DEVELOPMENT CORPORATION

EIN: 274875945 501(c)(3) Community Improvement

ST LOUIS, MO

Total Revenue
$2,802,557
Total Expenses
$3,653,718
Total Assets
$25,194,851
Net Assets
$23,624,365
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MO
Principal Officer
ELIZABETH ZUCKER
Phone
3142724857
Tax Period
2023-01-01 to 2023-12-31

ENTREPRENEUR STARTUP BUSINESS DEVELOPMENT CORPORATION, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $3.7M exceeded revenue, resulting in a 30% operating deficit.

Mission

ARCH GRANTS ADVANCES ECONOMIC DEVELOPMENT AND COMMUNITY REVITALIZATION BY PROVIDING EQUITY-FREE GRANTS OF UP TO $100,000 TO STARTUP ENTREPRENEURS WILLING TO HEADQUARTER THEIR BUSINESSES IN ST. LOUIS. ARCH GRANTS CONDUCTS A RIGOROUSLY COMPETITIVE ANNUAL (SEE SCHEDULE O) STARTUP COMPETITION TO RETAIN AND ATTRACT THE BEST INNOVATORS TO ST. LOUIS. THIS PROGRAM IS AN AGGRESSIVE EFFORT TO INCREASE ENTREPRENEURIAL ACTIVITY IN ST. LOUIS TO SEED THE NEXT GENERATION OF EMPLOYERS, CIVIC LEADERS, AND PHILANTHROPISTS IN ST. LOUIS.

Program Service Accomplishments

Program 1
Expenses: $3,165,465

GRANT PROGRAM - FULFILLING THE MISSION OF ARCH GRANTS THROUGH THE PROVISION OF FINANCIAL AND OTHER ASSISTANCE THROUGH THE PRIMARY MEANS OF COMPETITIVE GRANT PROGRAMS, THE PURPOSES OF WHICH ARE TO...

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GRANT PROGRAM - FULFILLING THE MISSION OF ARCH GRANTS THROUGH THE PROVISION OF FINANCIAL AND OTHER ASSISTANCE THROUGH THE PRIMARY MEANS OF COMPETITIVE GRANT PROGRAMS, THE PURPOSES OF WHICH ARE TO COMPENSATE FOR THE LACK OF ACCESS TO ADEQUATE SOURCES OF CAPITAL, TO DEVELOP ENTREPRENEURS IN STARTUP BUSINESSES IN THE CITY OF ST. LOUIS, CREATE JOBS, COMBAT BLIGHT, AND CREATE COMMUNITY DEVELOPMENT. DURING 2023, 22 NEW GRANTS WERE AWARDED INCLUSIVE OF 9 RELOCATION GRANTS THROUGH THE ANNUAL STARTUP COMPETITION (22 FULL $75,000 AWARDS AND 9 RELOCATION GRANTS OF $25,000), IN ADDITION TO 4 FOLLOW-ON GRANTS TO PREVIOUSLY FUNDED COMPANIES WERE AWARDED THROUGH THE GROWTH GRANTS PROGRAM (3 FULL $100,000 AWARDS, AND 1 PARTIAL $50,000 AWARD). AS OF DECEMBER 31, 2023, ARCH GRANTS HAS AWARDED $16.4 MILLION IN GRANTS TO (SEE SCHEDULE O) 252 COMPANIES. SINCE THE LAUNCH IN 2012, SEVERAL THOUSAND APPLICATIONS HAVE BEEN RECEIVED FROM AROUND THE WORLD, INCLUDING APPLICATIONS FROM 49 STATES AND 93 COUNTRIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,968,421
Program Service Revenue $0
Investment Income $1,160,666
Other Revenue $-326,530
TOTAL REVENUE $2,802,557

Expense Breakdown

Grants Paid $2,170,000
Salaries & Benefits $856,281
Fundraising Expenses $246,138
Program Expenses $3,165,465
Other Expenses $627,437
TOTAL EXPENSES $3,653,718

Year-over-Year Comparison

2023 2022 Change
Revenue $2,802,557 $2,347,434 +0.2%
Expenses $3,653,718 $4,069,400 -0.1%
Net Income $-851,161 $-1,721,966 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
13
Volunteers
380

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$190,428
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GABRIEL ANGIERI EXECUTIVE DIRECTOR 40.00
Officer
$153,135 $37,293 $190,428
ALFRED JACKSON DIRECTOR OF PORTFOLIO 40.00
Highest
$100,336 $5,473 $105,809
JERRY SCHLICHTER CHAIRMAN 5.00
Officer Director
$0 $0 $0
ELIZABETH ZUCKER PRESIDENT 3.00
Officer Director
$0 $0 $0
STEFANIE THELAN SECRETARY 3.00
Officer Director
$0 $0 $0
MATT BADLER TREASURER 3.00
Officer Director
$0 $0 $0
ALI AHMADI DIRECTOR 1.00
Director
$0 $0 $0
JACK BADER DIRECTOR 1.00
Director
$0 $0 $0
CARL BOUCKAERT DIRECTOR 1.00
Director
$0 $0 $0
ZUNDRA BRYANT DIRECTOR 1.00
Director
$0 $0 $0
JIM EBERLIN DIRECTOR 1.00
Director
$0 $0 $0
BOB GULLER DIRECTOR 1.00
Director
$0 $0 $0
SANJAY JAIN DIRECTOR 1.00
Director
$0 $0 $0
ABHA KHANDELWAL DIRECTOR (RESIGNED 3/2023) 1.00
Director
$0 $0 $0
COURTNEY LEIENDECKER DIRECTOR 1.00
Director
$0 $0 $0
SANDRA MOORE DIRECTOR 1.00
Director
$0 $0 $0
JOE SCHLAFLY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD TAO DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,802,557 $3,653,718 $25,194,851 $-851,161
2022 $2,347,434 $4,069,400 $24,747,654 $-1,721,966
2021 $5,633,965 $3,321,081 $30,546,182 $2,312,884
2020 $17,925,295 $2,287,079 $25,438,733 $15,638,216
2019 $4,216,125 $2,004,417 $8,563,596 $2,211,708
2018 $2,016,657 $1,859,488 $6,258,591 $157,169
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