2023-12-22T09:01:26-06:00 2022-12-31 271235638 MCM CPAS & ADVISORS LLP 201 EAST FIFTH STREET SUITE 2100 CINCINNATI OH 45202 990 2022-01-01 820863876 HILLMAN ACCELERATOR INC HILL 5132075261 2900 READING ROAD CINCINNATI OH 45206 CANDICE MATTHEWS BRACKEEN EXECUTIVE DIRECTOR 5132075261 2023-12-20 1 CANDICE MATTHEWS BRACKEEN 999009999 0 ANNAMARIE REILLY CPA P00431897 5135791700 2023-12-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LIGHTSHIP FOUNDATION CANDICE MATTHEWS BRACKEEN 2900 READING ROAD CINCINNATI OH 45206 2251630 0 X WWW.LIGHT.FOUNDATION X 2017 OH LIGHTSHIP FOUNDATION PROVIDES SUPPORT FOR EARLY STAGE COMPANIES LED BY UNDERREPRESENTED INDIVIDUALS TO OBTAIN SEED FUNDING FOR THEIR DEVELOPING COMPANIES. 1 1 12 70 0 0 1083094 1859273 0 389455 1 603 0 2299 1083095 2251630 115000 50000 0 0 1050846 1110691 0 0 115148 452369 1444887 1618215 2605578 -535120 -353948 1121943 859679 404757 496441 717186 363238 X LIGHTSHIP FOUNDATION PROVIDES SUPPORT FOR EARLY STAGE COMPANIES LED BY UNDERREPRESENTED INDIVIDUALS TO OBTAIN SEED FUNDING FOR THEIR DEVELOPING COMPANIES. 0 0 2124071 50000 391754 LAUNCHED JULY 10, 2017 WITH THREE TECH-ENABLED COMPANIES, LIGHTSHIP BROUGHT TOGETHER SEVERAL LEADERS AND BUSINESS ADVISORS WITHIN THE TECH ECOSYSTEM THROUGHOUT THE STATE TO PROVIDE SUPPORT FOR BUSINESS MODELING, MARKETING, FUNDRAISING AND CAPITAL RESOURCES TO HELP SUPPORT BUSINESS GROWTH PER ITS MANDATE. THROUGHOUT THE YEAR, LIGHTSHIP HAS MADE TREMENDOUS EFFORTS AND ENJOYED INITIAL SUCCESS IN PARTNERING WITH LOCAL, REGIONAL AND NATIONAL COMPANIES IN INCREASING ENGAGEMENT AND VISIBILITY FOR LIGHTSHIP COHORT COMPANIES, ASSISTING THEM WITH POTENTIAL SALES CHANNELS AND BUSINESS GROWTH OPPORTUNITIES FOR SCALE. LIGHTSHIP'S COMPANIES ARE ON TRACK TO BE CONTRIBUTORS TO THE OHIO THIRD FRONTIER DIVERSE BUSINESS DEVELOPMENT PROGRAM IN RAISING CAPITAL, PROVIDING EMPLOYMENT OPPORTUNITIES AND AFFECTING CHANGE TO UNDERREPRESENTED COMMUNITIES IN TECH CAREERS. 2124071 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X DOUG SANDOR 4848424431 2900 READING ROAD CINCINNATI OH 45206 MAURICE COFFEY BOARD MEMBER 1.00 X 0 0 0 NNENA UKUKU BOARD MEMBER (UNTIL 10/1/22) 1.00 X 0 0 0 CANDICE MATTHEWS EXECUTIVE DIRECTOR 40.00 X 279100 0 8122 279100 0 8122 1 0 1 0 1011 PRIME LLC 10030 SW 8 ST PEMBROKE PINES FL 33025 106026 1 344578 1514695 1859273 PROGRAM REVENUE 518210 389455 389455 389455 603 603 OTHER REVENUE 900099 2299 2299 2299 2251630 391754 0 603 X 50000 50000 287222 172334 57444 57444 718307 580595 93791 43921 38621 30184 5387 3050 66541 49906 9981 6654 12608 12608 40793 30595 6119 4079 582288 579905 2383 55685 55685 28096 9252 18844 28334 28334 104569 83377 21192 266749 167677 99072 23756 23756 9040 9040 857 857 OTHER EXPENSES 221691 210487 11204 PROGRAM PHOTOGRAPHY 41261 41261 DUES AND SUBSCRIPTIONS 26809 26809 TRAINING & PROFESSIONAL 2351 2351 2605578 2124071 366359 115148 816799 456995 10041 10041 59676 0 3000 25000 25000 25500 7276 0 58711 13050 25151 45661 75000 75000 100000 221482 1121943 859679 23058 21423 377450 470753 4249 4265 404757 496441 X 717186 363238 717186 363238 1121943 859679 -353948 0 X 0 0 0 X 616384 748108 1776169 1083094 1859273 6083028 616384 748108 1776169 1083094 1859273 6083028 2559431 3523597 20 20 1 603 644 6083672 449434 0.57920 0.53500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58711 13050 45661 45661 EXCITED LLC 75000 C 75000 ACQUIRED ASSETS 221482 221482 BREX CREDIT CARD PAYABLE 4265 4265 0 XIAO CHI JE CORP 7605 SE 29TH ST MERCER ISLAND WA 98040 815462253 10000 0 TWITCH PITCH COMPETITION PRIZE SUGARDOH LLC 1006 SALEM LANE AUSTIN TX 78753 851586625 25000 0 TWITCH PITCH COMPETITION PRIZE BLACK OWNED OUTERWEAR 822 ELM STREET CINCINNATI OH 45220 823468466 10000 0 SPONSORSHIP 3 X X X X 0 0 0 0 0 0 0 0 0 CANDICE MATTHEWS EXECUTIVE DIRECTOR 274600 0 4500 0 0 0 0 0 8122 0 287222 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ENTREPENEUR IN RESIDENCE BRIAN BRACKEEN IS THE HUSBAND OF THE CEO. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SHARED DIGITALLY WITH THE BOARD BEFORE FILING FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON (A) HAS RECEIVED A COPY OF THE POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY; AND (D) UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE CURRENT PROCESS FOR COMPENSATION INCLUDES AN INDEPENDENT REVIEW OF COMPARABLE SALARY AND BENEFITS TO THE MARKET. THE ITEMS ARE REVIEWED BY HILLMAN'S NON-PROFIT COUNSEL AT TAFT. COMPENSATION AMOUNTS HAVE BEEN SET BY THE BOARD SINCE THE INCEPTION OF THE ORGANIZATION IN 2017 AND IS REVIEWED AT THE YEAR-END BOARD MEETING TYPICALLY HELD IN DECEMBER OF EACH CALENDAR YEAR. AT THIS TIME THE EXECUTIVE DIRECTOR IS THE ONLY OFFICER/DIRECTOR THAT IS COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 251,859. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 251,859. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 328,046. MANAGEMENT AND GENERAL EXPENSES 2,383. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 330,429.