2024-09-20T09:10:32-05:00 2023-12-31 411489071 SMITH SCHAFER & ASSOCIATES LTD 7500 HIGHWAY 55 SUITE 350 MINNEAPOLIS MN 55427 990 2023-01-01 844699429 LUNAR INC LUNA 6515040184 1908 UNIVERISTY AVE W ST PAUL MN 55104 DANIELLE STEER EXECUTIVE DIRECTOR 6515040184 2024-09-18 1 ADAM KELLERHALS P01568272 9529201455 2024-09-18 2023 2024-08-08 14:25:15Z X DANIELLE STEER 1908 UNIVERISTY AVE W ST PAUL MN 55104 186924 0 X HTTPS://WWW.LUNARSTARTUPS.ORG/ X 2020 MN PROVIDE EDUCATION AND SUPPORT FOR ENTREPRENEURS IDENTIFYING AS WOMEN, BLACK, INDIGENOUS, PEOPLE OF COLOR (BIPOC), AND LGBTQ+ IN ORDER TO ELIMINATE PREJUDICE AND DISCRIMINATION IN THE ENTREPRENEURIAL ECOSYSTEM. X 5 4 2 0 0 0 460280 140035 155103 46859 54 30 331 0 615768 186924 15100 177989 0 0 359802 221460 0 0 35977 446839 229211 821741 628660 -205973 -441736 459228 0 17492 0 441736 0 X LUNAR STARTUPS IS CREATING EQUITABLE ENTREPRENEURIAL ECOSYSTEMS BY PROVIDING EDUCATION, SUPPORT, AND CONNECTIVITY TO LEADERS WHO IDENTIFY AS BIPOC, WOMEN, LGBTQ, AND ARE FOUNDING HIGH-IMPACT VENTURES WITH THE GOAL OF BUILDING COMMUNITY WEALTH AND DEVELOPING ENTREPRENEURIAL CAPABILITIES. 0 0 532924 177989 46859 IN 2023, LUNAR EXECUTED THE FOURTH VIRTUAL AND SIXTH FULL COHORT SERVING 18 ENTREPRENEURS. LUNAR'S TEAM, INCLUDING THE PROGRAM MANAGER AND DEVELOPMENT MANAGER, ADDED CRITICAL CAPACITY. LUNAR'S SIXTH COHORT BROUGHT THE TOTAL PORTFOLIO TO 77 COMPANIES AND GAVE LUNAR THE STATISTICALLY SIGNIFICANT DATA TO FINALIZE THE ACCELERATOR METHODOLOGY. LUNAR ALSO FINISHED PHASE THREE OF AN IMPACT ASSESSMENT THAT ANALYZED THE ECONOMIC IMPACT OF THE COHORT COMPANIES IN MINNESOTA. TO DATE, LUNAR ALUMNI HAVE CREATED MORE THAN $237 MILLION IN ECONOMIC IMPACT FOR MINNESOTA. 532924 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 6 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MN X DANIELLE STEER 6515040184 370 WABASHA STREET NORTH NO 900 ST PAUL MN 55102 MARCUS OWENS DIRECTOR 1.00 X 0 0 0 ANDREA DAVILA PRESIDENT 1.00 X X 0 0 0 TYREE BURKS DIRECTOR 1.00 X 0 0 0 DANIELLE STEER EXECUTIVE DIRECTOR/SECRETA 40.00 X X 107425 0 0 JADE DENSON TREASURER 1.00 X X 0 0 0 107425 0 0 1 0 0 0 0 140035 140035 EVENT SPONSORSHIP 900099 38459 38459 PROGRAM SERVICE FEES 900099 8400 8400 46859 30 30 186924 46859 0 30 161439 161439 16550 16550 106369 77650 14891 13828 80374 58672 11253 10449 20778 15168 2909 2701 13939 10176 1951 1812 187473 161227 22497 3749 1130 995 90 45 3555 498 2986 71 2048 1577 410 61 169 169 864 181 657 26 EQUIPMENT AND SOFTWARE 12443 7093 2115 3235 EVENTS 11316 11316 DUES AND SUBSCRIPTIONS 10213 10213 628660 532924 59759 35977 428850 0 0 0 23258 0 0 0 0 0 2341 0 3800 3800 3800 0 0 0 0 0 979 0 459228 0 17492 17492 0 X 121736 0 320000 0 441736 0 459228 0 -441736 0 X 0 0 0 X 292720 775137 460280 140035 1668172 292720 775137 460280 140035 1668172 862132 806040 2 25 54 30 111 331 331 1668614 0.48310 0.45980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3800 3800 0 0 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A RESULT, THE ORGANIZATION DOES NOT PAY FEDERAL INCOME TAX. THEREFORE NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION'S FEDERAL INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. 0 CONNECT UP INSTITUTE 1908 UNIVERISTY AVE ST PAUL MN 55104 852918250 156034 0 CASH GRANTS GRANTS 15 16550 CASH 2023-10-01 120000 852918250 CONNECT UP INSTITUTE 1908 UNIVERSITY AVENUE W ST PAUL MN 55104 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 990, PART VI, SECTION B, LINE 11B INITIAL OVERVIEW AND DATA IS COMPILED BY EXECUTIVE DIRECTOR. THE RETURN IS THEN PREPARED BY OUTSIDE PUBLIC ACCOUNTING FIRM. THEREAFTER, THE RETURN IS REVIEWED BY THE TREASURER FOR RECOMMENDATION TO THE BOARD, WHICH IS THEN REVIEWED AND APPROVED BY ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY BY PERIODIC REVIEWS EACH YEAR AND SOLICITING ITS BOARD MEMBERS FOR DESCRIPTIONS OF ANY CONFLICTING INTERESTS. THESE REVIEWS INCLUDE: WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND RESULT OF ARM'S LENGTH BARGAINING; AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGMENTS WITH OTHER ORGANIZATIONS CONFORM TO LUNAR INC.'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS/SERVICES, FURTHER THE CHARITABLE PURPOSE, AND DO NOT RESULT IN IMPERMISSIBLE PRIVATE BENEFIT OR EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD, INDEPENDENT OF THE STAFF, WILL CONDUCT A REVIEW OF COMPARABLE SALARIES IN OTHER NONPROFITS IN THE REGION. THE BOARD WILL DOCUMENT WHO WAS INVOLVED IN THE REVIEW AND THE PROCESS USED TO CONDUCT THE REVIEW. INDIVIDUALS RECEIVING COMPENSATION WILL NOT PARTICIPATE IN THE REVIEW. THE BOARD'S APPROVAL OF ALL COMPENSATION DECISIONS WILL BE MEMORIALIZED IN WRITTEN RECORD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.