2024-11-07T04:28:37-07:00 2023-12-31 262176601 EASY OFFICE DBA JITASA 1120 S RACKHAM WAY SUITE 300 MERIDIAN ID 83642 990 2023-01-01 274333255 SKYSTHELIMIT ORG SKYS 5103798952 945 GROSVENOR PLACE OAKLAND CA 94610 WILLIAM BO GHIRARDELLI PRESIDENT - CEO 5103798952 2024-11-07 1 1 JEREMY CORK P01544850 2082874777 2024-11-07 2023 2024-10-15 13:58:12Z WILLIAM BO GHIRARDELLI 945 GROSVENOR PLACE OAKLAND CA 94610 3169733 0 X https://www.skysthelimit.org/ X 2010 WA TO HELP UNDERREPRESENTED ENTREPRENEURS PLAN, LAUNCH AND GROW BUSINESSES THROUGH ONE-ON-ONE MENTORING, TRAINING, AND ACCESS TO CAPITAL. 13 11 8 0 0 0 2650631 3110597 0 0 -78801 42322 0 44 2571830 3152963 144267 199753 0 0 794663 852699 0 24000 254526 1464589 1679096 2403519 2755548 168311 397415 2520125 3265806 105172 56546 2414953 3209260 TO CONNECT UNDERREPRESENTED YOUNG ADULT ENTREPRENEURS WITH ONE-ON-ONE SUPPORT, INCLUDING FROM VOLUNTEER BUSINESS MENTORS, AS WELL AS PROVIDE TAILORED ENTREPRENEURSHIP TRAINING AND BUSINESS FUNDING OPPORTUNITIES. 0 0 1939758 199753 0 OUR INTEGRATED CORE PROGRAM CONNECTS UNDERREPRESENTED YOUNG ENTREPRENEURS WITH TRAINING, FUNDING, AND A COMMUNITY OF THEIR PEERS & VOLUNTEER PROFESSIONALS ON OUR SKYSTHELIMIT.ORG DIGITAL PLATFORM. OUR ENTREPRENEURS ARE BETWEEN THE AGES OF 18 AND 29 AND ARE MEMBERS OF UNDERREPRESENTED GROUPS, PRIMARILY LOW-INCOME, PEOPLE OF COLOR, AND/OR WOMEN. OUR VOLUNTEER MENTORS ARE PROFESSIONALS FROM LEADING CORPORATIONS AS WELL AS OWNERS AND OPERATORS FROM THE SMALL BUSINESS COMMUNITY. OUR TEAM LEVERAGES OUR PLATFORM TO RECRUIT, SCREEN, TRAIN, MATCH, EVALUATE, AND SUPPORT YOUNG ENTREPRENEURS AND VOLUNTEER BUSINESS ADVISORS & MENTORS AT SCALE. OUR INNOVATIVE STARTUP GRANT PROGRAM AWARDS SMALL GRANTS TO YOUNG ENTREPRENEURS FOR THEIR BUSINESS LAUNCH EXPENSES. 0 0 0 1939758 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA WA X X WILLIAM BO GHIRARDELLI 5103798952 945 GROSVENOR PLACE OAKLAND CA 94610 WILLIAM BO GHIRARDELLI CEO, PRESIDENT 40 X 180421 0 0 LAURA PLATO HIGHEST COMPENSATED EMPLOYEE 1 X 173076 0 0 ERIN HALLEY HIGHEST COMPENSATED EMPLOYEE 1 X 128795 0 0 LAUREN CHIN HIGHEST COMPENSATED EMPLOYEE 1 X 101350 0 0 JOEL HIGA SECRETARY 40 X X 48180 0 0 NICOLAS CARY CHAIRMAN 1 X X 0 0 0 BRADFORD SMITH TREASURER 1 X X 0 0 0 JOHN DOWNIE BOARD MEMBER 1 X 0 0 0 AUBREY FLYNN BOARD MEMBER 1 X 0 0 0 OMAR HAJJI BOARD MEMBER 1 X 0 0 0 FABIO ROSATI BOARD MEMBER 1 X 0 0 0 BRIANNA WILLIAMS BOARD MEMBER 1 X 0 0 0 RICK WADE BOARD MEMBER 1 X 0 0 0 CLIF MARRIOTT BOARD MEMBER 1 X 0 0 0 MICHELLE PARSONS BOARD MEMBER 1 X 0 0 0 GEORGE MESTRE BOARD MEMBER 1 X 0 0 0 631822 0 0 1 0 1 0 RADCAT LLC 1000 NW WALL ST 250 BEND OR 97703 DESIGN 385000 0 0 0 0 0 147320 2963277 0 3110597 0 59092 0 0 59092 0 0 0 0 0 0 0 0 0 0 0 0 0 16770 0 -16770 -16770 -16770 0 0 0 0 0 0 0 0 44 44 0 0 44 3152963 -16726 0 59092 X 150566 150566 49187 49187 228602 105158 77724 45720 540594 248673 183802 108119 21485 9845 7865 3775 62018 28529 21086 12403 38112 15196 22916 58340 6438 51902 24000 24000 1317053 1187218 120824 9011 67380 47172 20 20188 12424 7973 701 3750 84801 52013 32584 204 32836 17728 759 14349 5378 1069 2009 2300 21237 21237 DUES AND SUBSCRIPTIONS 34730 12963 11159 10608 OTHER RELATED EXPENSES 6805 30 6676 99 2755548 1939758 561264 254526 2333655 835438 65941 100000 100000 81530 2258722 4940 5705 2520125 3265806 105172 56546 0 105172 56546 X 2414953 2646760 0 562500 2414953 3209260 2520125 3265806 X 397415 764 0 0 396128 0 X 0 1 X 0 0 X 695262 813126 2883648 2650631 3110597 10153264 695262 813126 2883648 2650631 3110597 10153264 5041695 5111569 8451 3174 1157 2058 59092 73932 10227196 0.49980 0.46941 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 3153727 764 0 0 0 764 3152963 0 0 0 3152963 2755548 0 0 0 0 0 2755548 0 0 0 2755548 Schedule D, Part X, Line 2 ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON TECHNICAL MERITS OF THAT POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR 2023. 1 Europe (including Iceland and Greenland) Grantmaking GENERAL ASSISTANCE. 45083 North America (including Canada and Mexico, but not the United States) Grantmaking GENERAL ASSISTANCE. 4104 0 0 49187 GENERAL Europe (including Iceland and Greenland) 16 45083 WIRE TRANSFER GENERAL North America (including Canada and Mexico, but not the United States) 4 4104 WIRE TRANSFER 0 0 0 0 0 0 Schedule F, Part I, Line 2 GRANTORS COMMIT TO SENDING A QUICK PROGRESS REPORT AT ONE (1), SIX (6), TWELVE (12) AND (24) MONTHS TO SKY'S THE LIMIT BY EMAIL, INCLUDING USE OF THE GRANT, NUMBER OF EMPLOYEES AND FINANCIAL INFORMATION. X 0 All States 1 GENERAL - YOUNG ENTREPRENEUR STARTUP GRANTS 50 150566 Schedule I, Part I, Line 2 GRANTORS COMMIT TO SENDING A QUICK PROGRESS REPORT AT ONE (1), SIX (6), TWELVE (12) AND (24) MONTHS TO SKY'S THE LIMIT BY EMAIL, INCLUDING USE OF THE GRANT, NUMBER OF EMPLOYEES AND FINANCIAL INFORMATION. X 0 0 0 0 0 0 0 0 0 WILLIAM BO GHIRARDELLI CEO, PRESIDENT BOARD OF DIRECTORS 180421 0 0 0 0 0 0 0 0 0 180421 0 0 0 Form 990, Part VI, Section B, Line 11b A DRAFT OF FORM 990 WAS GIVEN TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO FILING. 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 THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING 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/SHE SHALL LEAVE THE GOVERNING 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 AND OFFICER WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT HE/SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. Form 990, Part VI, Section B, Line 15 THE CEO AND COO COMPENSATION WAS DETERMINED USING THIRD PARTY COMPARABILITY DATA, WITH BOARD MEMBERS AS ADVISERS. NO BOARD MEMBER HAS VOTING AUTHORITY OVER THEIR OWN COMPENSATION. THE COMPENSATION WAS LAST REVIEWED IN 2023. Form 990, Part VI, Section C, Line 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. 990 FORMS CAN BE FOUND ON SITES IRS.GOV AND GUIDESTAR.ORG. Form 990, Part IX, Line 11g IT AND HR CONSULTANTS. Form 990, Part XI, Line 8 PRIOR PERIOD ADJUSTMENTS WERE MADE TO CORRECT THE TIMING OF REVENUE RECOGNITION IN FY 2022. SPECIFICALLY: A GRANT OF $100,000 FROM THE GEORGE KAISER FAMILY FOUNDATION WAS INITIALLY RECOGNIZED IN FY 2022 WHEN THE GRANT WAS RECEIVED, RATHER THAN IN THE PERIOD IT WAS INTENDED. SIMILARLY, A GRANT OF $200,000 FROM THE STAND TOGETHER FOUNDATION WAS ALSO RECOGNIZED IN FY 2022 UPON RECEIPT RATHER THAN IN THE APPROPRIATE PERIOD. ADDITIONAL ADJUSTMENTS INCLUDED: A CORRECTION OF BALANCES AMOUNTING TO $6,128. AN ADJUSTMENT TO THE OPENING BALANCE OF EQUITY TOTALING $90,000. THESE ADJUSTMENTS ENSURE THAT FINANCIAL STATEMENTS ACCURATELY REFLECT REVENUES AND OPENING BALANCES ACCORDING TO APPLICABLE ACCOUNTING PRINCIPLES.