STARTUP HUTCH INC

EIN: 481039882 501(c)(3) Community Improvement

HUTCHINSON, KS

Total Revenue
$318,163
Total Expenses
$255,260
Total Assets
$483,628
Net Assets
$483,504
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
KS
Principal Officer
JACKSON SWEARER
Phone
6206658468
Tax Period
2023-01-01 to 2023-12-31

STARTUP HUTCH INC, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $318K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 20% operating margin.

Mission

PROVIDE RESOURCES TO STIMULATE JOB CREATION, JOB RETENTION, AND ECONOMIC DEVELOPMENT FOR SMALL BUSINESSES IN RENO COUNTY, KANSAS

Program Service Accomplishments

Program 1
Expenses: $248,973 Revenue: $45,091

MANAGEMENT, MARKETING, FINANCIAL ASSISTANCE, AND FACILITIES FOR NEW BUSINESSES TO STIMULATE ECONOMIC DEVELOPMENT FOR SMALL BUSINESSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $272,711
Program Service Revenue $26,222
Investment Income $19,230
Other Revenue $0
TOTAL REVENUE $318,163

Expense Breakdown

Grants Paid $0
Salaries & Benefits $174,752
Fundraising Expenses $0
Program Expenses $248,973
Other Expenses $80,508
TOTAL EXPENSES $255,260

Year-over-Year Comparison

2023 2022 Change
Revenue $318,163 $245,442 +0.3%
Expenses $255,260 $241,700 +0.1%
Net Income $62,903 $3,742 +15.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
14

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
$86,197
Total Directors
15
$86,197
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENI BRYAN CHAIR 1.00
Officer Director
$0 $0 $0
ERIC SPURGEON VICE CHAIR 1.00
Officer Director
$0 $0 $0
BRETT HENRY TREASURER 1.00
Officer Director
$0 $0 $0
NICK BALDETTI SECRETARY 1.00
Officer Director
$0 $0 $0
ANNA WOODS DIRECTOR, RESIGNED: 5/23 1.00
Director
$0 $0 $0
SCOTT COOLEY DIRECTOR, RESIGNED: 8/23 1.00
Director
$0 $0 $0
SHANE IWASHIGE DIRECTOR 1.00
Director
$0 $0 $0
JOHANNAH MOORE DIRECTOR 1.00
Director
$0 $0 $0
JESSICA SCHMIDT DIRECTOR 1.00
Director
$0 $0 $0
MELINDA YOUNG DIRECTOR, RESIGNED: 4/23 1.00
Director
$0 $0 $0
BRYCE MCFARLAND DIRECTOR 1.00
Director
$0 $0 $0
JACKSON SWEARER PROGRAM DIRECTOR 40.00
Officer Director
$86,197 $0 $86,197
DAVID PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
MELISSA MOODIE DIRECTOR 1.00
Director
$0 $0 $0
AMY BRENNAN 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 $318,163 $255,260 $483,628 $62,903
2022 $245,442 $241,700 $438,336 $3,742
2021 $248,120 $241,215 $416,859 $6,905
2020 $246,833 $184,238 $409,954 $62,595
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