2025-12-12T18:00:46-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 300 SANTANA ROW STE 300 SAN JOSE CA 95128 990 2024-01-01 454308444 STARTX STAR 4084096907 2627 HANOVER ST PALO ALTO CA 94304 SHANNON MCCLENAGHAN CEO 4084096907 2025-12-11 1 1 QI WEN LIANG P01270238 4085587500 2025-12-11 2024 2025-03-06 01:10:19Z SHANNON MCCLENAGHAN 2627 HANOVER ST PALO ALTO CA 94304 2675139 0 X STARTX.COM X 2012 CA STARTX ACCELERATES THE DEVELOPMENT OF STANFORD'S HIGHEST-POTENTIAL ENTREPRENEURS. 5 3 18 9 0 0 1534495 1435061 248415 1220113 27058 19904 0 61 1809968 2675139 45000 67500 0 0 498482 2116117 0 0 302156 1778127 2078534 2321609 4262151 -511641 -1587012 9004219 7816991 368643 849236 8635576 6967755 X STARTX IS A NONPROFIT EDUCATIONAL PROGRAM WHOSE MISSION IS TO ACCELERATE THE DEVELOPMENT OF HIGH-POTENTIAL, STANFORD ENTREPRENEURS THROUGH EXPERIENTIAL EDUCATION. THE ORGANIZATION HAS CHOSEN TO CLARIFY THAT WE ARE NO LONGER PRIMARILY RUN BY STANFORD STUDENTS. THE ORGANIZATION'S GROWTH REQUIRES EXPERTISE OF A MORE DIVERSE SET OF INDIVIDUALS TO ENSURE SUCCESS. 0 0 3127468 67500 1220113 ACCELERATING THE DEVELOPMENT OF HIGH-POTENTIAL, STANFORD ENTREPRENEURS THROUGH EXPERIENTIAL EDUCATION. 3127468 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X SHANNON MCCLENAGHAN 4084096907 2627 HANOVER ST PALO ALTO CA 94304 CAMERON TEITELMAN CHAIRMAN OF THE BOARD/PRESIDENT 21.00 X X 163318 0 0 SIDDHARTHA SHEKHAR SINGH DIRECTOR 40.00 X X 93591 0 0 MICHAEL CARTER DIRECTOR 1.00 X 0 0 0 DAN'L LEWIN DIRECTOR 1.00 X 0 0 0 SHANNON MCCLENAGHAN DIRECTOR, TREASURER 1.00 X X 0 0 0 KYLE WONG CEO (THRU 12/2024) 40.00 X 556000 0 10247 ERIK PAVIA HEAD OF OPERATIONS & FINANCE 40.00 X 136731 0 10247 AMANDA DAWSON PEOPLE OPS MGR/SECRETARY 40.00 X 90462 0 0 MELANIE MCDOUGALL DIR. OF ADMISSIONS/SECRETARY 40.00 X 41127 0 1078 DARSHPREET MANN HEAD OF BUS DEVEL & PTRSHPS 40.00 X 157500 0 11670 ANNE CAILLAT DIRECTOR OF PROGRAMS 40.00 X 128077 0 0 ANDREW HIGGINS CHIEF MARKETING OFFICER 40.00 X 112500 0 3511 PABLO LLERAS CHIEF TECHNOLOGY OFFICER 40.00 X 112500 0 5796 1591806 0 42549 7 0 1 0 TURING ENTERPRISES INC 1900 EMBARCADERO ROAD SUITE 102 PALO ALTO CA 94303 TECH CONTRACTOR 149213 1 1435061 1435061 JETRO ACCELERATOR PROG 541900 964350 964350 S3 LAB REVENUE 541900 211746 211746 DESK RENTAL REVENUE 541900 44017 44017 1220113 19904 19904 CASH BACK REWARDS 900099 61 61 61 2675139 1220113 0 19965 X 67500 67500 1225177 987824 237353 689609 396564 25856 267189 79165 60144 4804 14217 122166 88504 16421 17241 120008 120008 85423 85423 733652 649969 83683 30264 30264 44455 41777 2129 549 2049 2049 839807 596541 243266 76609 67252 7372 1985 1418 1418 10888 10344 544 12573 11944 629 PROGRAM EXPENSES 81128 81128 OFFICE MEALS 24866 21129 2944 793 DUES & SUBSCRIPTIONS 9675 9675 RECRUITING 5719 4860 677 182 4262151 3127468 832527 302156 7949087 1510132 50638 5064345 717805 624093 71776 140314 632410 586993 48791 45417 287 287 80812 0 85023 432403 9004219 7816991 229054 379380 17645 137 121944 469719 368643 849236 X 8635576 6967755 8635576 6967755 9004219 7816991 -1587012 -80809 0 X 0 1 X 0 0 X 22 1037913 1343834 1534495 1435061 5351325 22 1037913 1343834 1534495 1435061 5351325 2396290 2955035 12 5 7 27058 19904 46986 1692 5224 61 6977 5405288 2998549 0.54670 0.63890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 1,692. 2021 AMOUNT: $ 5,224. 2024 AMOUNT: $ 61. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 443868 180 443688 443692 296 120 443868 433882 9810 443692 426762 7120 433882 426762 426762 1.00000 0.00000 0.00000 0 0 127823 127823 0 31055 24143 6912 473532 435027 38505 45417 ROU ASSET 432403 432403 LEASE LIABILITY 436344 DEPOSITS HELD 33375 469719 2986946 311807 311807 2675139 0 2675139 4573958 311807 311807 4262151 0 4262151 PART V, LINE 4: THE FUNDS DISTRIBUTED FROM THE ENDOWMENT FUND ARE UNRESTRICTED AND WILL BE USE FOR OPERATING EXPENSES AS ALLOWED BY THE BOARD. 1 FINANCIAL AID 18 67500 PART I, LINE 2: THE STUDENT-IN-RESIDENCE SCHOLARSHIP IS A FINANCIAL AID PROGRAM INTENDED TO SUPPORT STUDENT TEAMS WHO ARE BUILDING A COMPANY WHILE COMPLETING THEIR DEGREE. X X X X 0 0 0 0 0 0 0 0 0 KYLE WONG CEO (THRU 12/2024) 556000 0 0 0 0 0 0 0 10247 0 566247 0 0 0 DARSHPREET MANN HEAD OF BUS DEVEL & PTRSHPS 157500 0 0 0 0 0 0 0 11670 0 169170 0 0 0 CAMERON TEITELMAN CHAIRMAN OF THE BOARD/PRESIDENT 0 0 0 0 163318 0 0 0 0 0 163318 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM 990 IS THEN REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS AND FINANCE COMMITTEE PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE ORGANIZATION OPERATES CONSISTENTLY WITH ITS CHARITABLE PURPOSES AND AVOIDS ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS WILL BE CONDUCTED. THESE REVIEWS WILL EXAMINE AREAS SUCH AS COMPENSATION AGREEMENTS AND WHETHER PARTNERSHIPS AND OTHER ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS COMPLY WITH THE ORGANIZATION'S WRITTEN POLICIES. THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS AND EMPLOYEES EARNING OVER $150,000. DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO PROMPTLY AND FULLY DISCLOSE ANY ACTUAL, APPARENT, OR POTENTIAL CONFLICTS OF INTEREST. THEY MUST SIGN THE CONFLICT OF INTEREST POLICY AND ABIDE BY ITS TERMS. INDIVIDUALS WITH A CONFLICT OF INTEREST MUST NOT PARTICIPATE IN ANY DECISIONS BY STARTX INVOLVING MATTERS IN WHICH THEY HAVE A CONFLICT. STARTX FOLLOWS A DISCIPLINED AND DOCUMENTED PROCESS WHEN MAKING DECISIONS ON SUCH MATTERS AND COMPLIES WITH ALL APPLICABLE LEGAL REQUIREMENTS. IF A CONFLICT ARISES, THE INDIVIDUAL WITH THE CONFLICT IS NOT ALLOWED TO VOTE ON THE RELATED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION BENCHMARKS ALL COMPENSATION USING THE ANNUALLY RELEASED NONPROFIT FAIR PAY REPORT. ANY COMPENSATION EXCEEDING $75,000 SHALL BE APPROVED BY THE BOARD OF DIRECTORS, INCLUDING INDEPENDENT MEMBERS. DOCUMENTATION FOR ALL SALARY OFFERS OVER $75,000 IN 2024 SHALL BE MAINTAINED, INCLUDING SUPPORTING EXTERNAL COMPENSATION STUDIES CONDUCTED BY PEARL MEYER. THE ANNUAL COMPENSATION REVIEW PROCESS APPLIES TO EMPLOYEES, WHILE BOARD MEMBER SALARY RATES ARE APPROVED BY OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MAKES THE ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO PEOPLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 649,969. MANAGEMENT AND GENERAL EXPENSES 83,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 733,652.