2023-11-14T11:56:13-06:00 2022-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2022-01-01 822707012 Exponential Impact % VANCE BROWN EXPO 7196608888 3650 N Nevada Ave Colorado Springs CO 80907 Vance Brown Executive Director 7198608888 2023-05-15 true Vance Brown 999009999 DOREEN B MERZ P00841439 7196301186 3 2022 2023-04-26 12:10:37Z Vance Brown 3650 N Nevada Ave Colorado Springs CO 80907 3043599 false X https://exponentialimpact.com X 2017 CO To connect entrepreneurs with educational resources, training, mentorship, access to capital, and a shared operating space in the Colorado Springs region. 10 9 13 75 0 972686 3037919 155090 235 2195 5445 0 0 1129971 3043599 425000 1300700 0 0 272175 322486 0 0 0 174839 356740 872014 1979926 257957 1063673 3022764 3778747 2177905 1870215 844859 1908532 TO CONNECT ENTREPRENEURS WITH EDUCATIONAL RESOURCES, TRAINING, MENTORSHIP, ACCESS TO CAPITAL, AND A SHARED OPERATING SPACE IN THE COLORADO SPRINGS REGION. false false 1979926 1300700 235 To connect entrepreneurs with educational resources, training, mentorship, access to capital, and a shared operating space in the Colorado Springs region. 1979926 true true false false false false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 10 0 13 true false false false false false false false false false false false false false false false X 10 9 true false true false true true true true true false false true true true true false false true true false CO X X VANCE BROWN 7196608888 15870 OPEN SKY WAY Colorado springs CO 809083015 Natasha Main Executive Director (term 6/22) 40.0 0.0 X X 53333 0 0 Vance Brown Executive Director 40.0 0.0 X X 34981 0 3229 Betsy Brown Director 1.0 0.0 X 0 0 0 Kyle Hybl Vice Chair 1.0 0.0 X X 0 0 0 Chris Jenkins Director 1.0 0.0 X 0 0 0 Jeff Greene Director 1.0 0.0 X 0 0 0 Sarah Jane Maxted Director 1.0 0.0 X 0 0 0 Hannah Parsons Secretary 1.0 0.0 X X 0 0 0 Emily Spratt Director 1.0 0.0 X 0 0 0 Jay Jesse Chair 1.0 0.0 X X 0 0 0 Leif Ullman Treasurer 1.0 0.0 X X 0 0 0 88314 0 3229 0 false false false 0 2661007 376912 3037919 SERVICES 235 235 235 5445 5445 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3043599 235 5445 1300700 1300700 0 0 0 91543 91543 0 187445 187445 0 21989 21989 21509 21509 0 5090 5090 14774 14774 0 0 0 84281 84281 2454 2454 9990 9990 158939 158939 0 2371 2371 9803 9803 0 14665 14665 0 0 33980 33980 10404 10404 PAYROLL PROCESSING 3097 3097 ENTERPRISE ZONE FEES 2800 2800 TELEPHONE 2400 2400 PRINT SERVICES 1118 1118 574 574 1979926 1979926 0 0 1333008 3141059 0 0 0 0 172218 51226 0 0 0 0 1324709 427613 0 0 0 0 236948 78099 192829 158849 0 0 0 0 0 0 0 0 0 0 3022764 3778747 16121 20431 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2161784 1849784 2177905 1870215 X 656432 966282 188427 942250 844859 1908532 3022764 3778747 1063673 X true X false true false X 310742 712020 645507 972686 3037919 5678874 6440 155090 235 161765 0 0 0 317182 712020 645507 1127776 3038154 5840639 307610 341551 266000 188864 272500 1376525 0 307610 341551 266000 188864 272500 1376525 4464114 68 97 845 2195 5445 8650 0 68 97 845 2195 5445 8650 0 0 317250 712117 646352 1129971 3043599 5849289 0.76319 0.00000 0.00148 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2283 1594 689 234665 76505 158160 158849 0 LOANS 1849784 1849784 X 3239599 196000 196000 3043599 3043599 2175926 196000 196000 1979926 1979926 Part X line 2 Income Tax Status - The Organization is exempt, under Section 501(c)(3) of the Internal Revenue Code, from tax on income derived from donations, income generated by activities carried on in furtherance of its exempt purpose and certain other specified income and, in addition, is qualified to receive tax deductible contributions. Management believes that based on evaluation of its tax position, any liability as a result of uncertain tax positions would not be material. Management continually evaluates expiring statutes of limitations, changes in the tax laws, and new authoritative rulings to assist in evaluating its tax position. Accrued interest and penalties associated with uncertain tax positions, if any, would be recognized as part of the income tax provision. true (A &K Inc) Xiang's Kitchen 5935 Constitution Ave Colorado Springs CO 80915 753014964 30000 General Support 3E's Comedy Club 1 S Nevada Ave 110 Colorado Springs CO 80903 842838903 50000 General Support ALMAGRE Venue Bar 2460 Montebello Square Drive Colorado Springs CO 80918 833142729 15000 General Support Aspen Sign & Lighting Co Inc 1454 Burnham Street COLORADO SPRINGS CO 80906 455087582 25000 General Support Buffalo Lodge Bicycle Resort LLC 2 El Paso Blvd Colorado Springs CO 80904 811134813 50000 General Support Cambio Yoga LLC 3326 Austin Bluffs Parkway Colorado Springs CO 80918 264724210 25000 General Support Canine Campus Dog Daycare & Boarding 3116 Karen Pl Colorado Springs CO 80907 841543170 15000 General Support Carefree Bar and Grill 3535 N Carefree Circle Colorado Springs CO 80917 843795470 15000 General Support coloRADo Adventure Hostel 3844 N Nevada Ave Colorado Springs CO 80907 824524159 19000 General Support Colorado Ninja dba Altitude Ninja 750 Garden of the Gods Road Colorado Springs CO 80907 834209368 17500 General Support Colorado Springs Sports Corporation 1631 Mesa Avenue Colorado Springs CO 80906 840811908 501(c)(3) 50000 General Support COLORADO SPRINGS WORLD ARENA 3185 VENETUCCI BOULEVARD COLORADO SPRINGS CO 80906 841264465 501(c)(3) 50000 General Support Continental Cleaners 250 N CHELTON RD COLORADO SPRINGS CO 80909 841568978 25000 General Support CS Dual Hotel LLC 402 South Tejon Street Colorado Springs CO 80903 832591399 50000 General Support EMBROIDER EXPRESSION 750 citadel dr suit 1076 Colorado springs CO 80909 453118669 6000 General Support EXPRESS AUTO REPAIR 5360 MONTEBELLO LANE COLORADO SPRINGS CO 80918 201589365 30000 General Support Five Brothers Siding Inc 2618 W Serendipity Cir COLORADO SPRINGS CO 80917 842861731 23500 General Support Flying W Ranch Inc 3330 Chuckwagon Road Colorado Springs CO 80919 840484386 50000 General Support HACIENDA VILLARREAL LLC 460 N Murray Blvd Colorado springs CO 80916 474273991 20000 General Support Impressed by the Dress 4448 Barnes Rd Colorado Springs CO 80918 822300312 15000 General Support Intrawest Seamless Gutters Inc 3005 Delta Drive Colorado Springs CO 80910 850984600 10000 General Support Jamaru PO Box 62301 Colorado Springs CO 80962 300950699 10000 General Support Kinship Landing 415 S Nevada Ave Colorado Springs CO 80903 822255514 50000 General Support Ladyfingers Letterpress 113 E Bijou Street Colorado Springs CO 80903 611750770 25000 General Support Loyal Coffee (DBA) Fish Oil LLC 1604 S Cascade Ave Colorado Springs CO 80905 473482676 20000 General Support Luchals 514 S Tejon Colorado Springs CO 80903 812973337 15000 General Support Mister Dexters LTD dba Shuga's 702 S Cascade Ave Colorado Springs CO 80903 843587448 50000 General Support Molina Heating & Cooling 3522 E La Salle Colorado Springs CO 80909 841249576 15000 General Support Norris Penrose Event Center 1045 Lower Gold Camp Rd Colorado Springs CO 80905 202149367 501(c)(3) 50000 General Support Ormao Dance Company 719 N Prospect St Colorado Springs CO 80903 202793024 501(c)(3) 10000 General Support Pikes Peak Auto Hill Climb Educational Museum - Pi 1631 Mesa Ave Suite E Colorado Springs CO 80906 841107922 501(c)(3) 50000 General Support Pikes Peak Brewing Co Lager House 514 S Tejon St Colorado Springs CO 80903 272272355 50000 General Support Pikes Peak Metropolitan Community Church 1102 S 21st St Colorado Springs CO 80904 841138407 501(c)(3) 21000 General Support Pikes Perk Mountain Shadows 6894 Centennial Blvd Colorado Springs CO 80919 843483658 8000 General Support Pollinate Marketing 130 E Willamette Ave Colorado Springs CO 80903 824960121 14000 General Support Pub Dog Colorado LLC 2207 Bott Ave Colorado Springs CO 80904 471010133 35000 General Support RKAutomotive Repair 1715 S Academy Blvd Colorado Springs CO 80916 863047878 30000 General Support ROD MENCH SCULPTURE STUDIOS LLC PO BOX 38182 COLORADO SPRINGS CO 80937 821014380 7000 General Support Root Down & Grow Inc 617 North 17th Street Colorado Springs CO 80904 823825737 11000 General Support Scratch Mobile Kitchen 5460 Carvel Grove Colorado springs CO 80922 883707506 9000 General Support Smallcakes Monument DBA Decadent Colorado Springs 13375 Voyager Parkway Colorado Springs CO 80921 823615543 20000 General Support Smoothie Paradise & Pretzels 1710 Briargate BLVD STE 459 Colorado Springs CO 80920 465418445 15000 General Support Sweet Addict Bakery 5928 Stetson Hills Blvd Colorado Springs CO 80923 861960642 5900 General Support Tapateria LLC 2607 W COLORADO AVENUE COLORADO SPRINGS CO 809043024 272517885 25000 General Support The Seabaugh Group LLC dba Little Monkey Bizness 1015 Kelly Johnson Blvd Colorado Springs CO 80920 454332481 10000 General Support Tree Artisans LLC 3415 Cedarlawn Colorado Springs CO 80918 471326599 10000 General Support TRINITY BREWING COMPANY 1466 GARDEN OF GODS ROAD COLORADO SPRINGS CO 80907 261585842 30000 General Support Use What You Got LLC DBA Momma Pearls Cajun Resta 162 Tracker Dr Colorado Springs CO 80921 272420919 25000 General Support Western States Optical Inc 1268 Interquest Parkway Colorado Springs CO 80921 843338922 10000 General Support 6 43 SCHEDULE I, PART I, LINE 2 THE ORGANIZATION DISTRIBUTES GRANTS THROUGH THE SURVIVE AND THRIVE PROGRAM. ALL BUSINESSES/INDIVIDUALS WHO RECEIVE A GRANT ARE REQUIRED TO COMPLETE AN EIGHT-WEEK PROGRAM WHERE THEY MEET WITH MENTORS AND COMPLETE A CURATED CURRICULUM. ALONG WITH THE PROGRAM PARTICIPATION, RECIPIENTS ARE ASKED TO SUBMIT PROOF OF HOW THEY ARE PLANNING TO USE THE GRANT FUNDING. THIS PROOF IS BASED ON ANY FUNDING SOURCE REQUIREMENTS. Form 990, Part VI, Section A, Line 2 Vance Brown, President, and Betsy Brown, Secretary, are married. Form 990, Part VI, Section A, Line 4 During the year, the organization changed Article 2, section 2.3 of the Bylaws to increase the maximum number of directors to 15. Form 990, Part VI, Section A, Lines 6 & 7A The Organization has members that are elected by the governing body. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE APPROVAL BY THE VOTING MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL MEMBERS OF THE GOVERNING BODY TO SIGN AND SUBMIT ANNUALLY A FORM DISCLOSING ANY CONFLICTS OF INTEREST.r. FORM 990, PART VI, SECTION B, LINE 15A & 15B Compensation is authorized or ratified by the Board of Directors. Election or appointment of an officer shall not of itself create a contractual right to compensation for services performed as such officer. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FORM 990 ARE AVAILABLE UPON REQUEST AND ON THE WEBSITE OF OTHERS, SUCH AS GUIDESTAR.