Silicon Couloir
- Assets
- $500.0k
- Revenue
- $583.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Jackson, WY
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 46-5487190
Organization Overview
Silicon Couloir is located in Jackson, WY. The organization was established in 2015. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Silicon Couloir employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silicon Couloir is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Silicon Couloir generated $583.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $440.6k during the year ending 12/2021. While expenses have increased by 31.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ALIGN ENTREPRENEURSHIP WITH COMMUNITY VISION TO PROMOTE A DIVERSE ECONOMY AND A HEALTHY ENVIRONMENT FOR CURRENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SILICON COULOIR HOSTS AN ANNUAL EVENT CALLED "PITCH DAY".ENTREPRENEURIAL VENTURES SUBMIT APPLICATIONS TO A SCREENING COMMITTEE WHICH PICKS 6 FINALISTS TO PRESENT THEIR BUSINESS TO THE PUBLIC IN A PUBLIC VENUE.AVERAGE ATTENDANCE IS 250-300 PEOPLE FOR THIS EVENT.. THE EVENT IS ALSO STREAMED LIVE TO A LARGER VIRTUAL AUDIENCE. THE VENTURES BENEFIT BY PUBLICIZING IDEAS,BUSINESS MODEL AND PROSPECTS TO A WIDE AUDIENCE, SOME OF WHOM MAY WISH TO BECOME ENGAGED WITH THE VENTURE. THE AUDIENCE BENEFITS BY BEING EXPOSED TO ENTREPRENEURIAL VENTURES IN THEIR COMMUNITY THAT THEY OTHERWISE WOULD NOT BE AWARE OF AND POSSIBLY BECOME INSPIRED.
TEAMS (TETON ENTREPRENEURS AND MENTORS SERVICES) IS BASED ON THE MIT VMA MODEL AND CONNECTS EXPERIENCED ENTREPRENEURS AND SUCCESSFUL BUSINESS EXECUTIVES(THE "MENTORS") WITH NON-TOURISM OR HOSPITALITY RELATED BUSINESS VENTURES(THE "VENTURES").THE PROGRAM IS STRICTLY STRUCTURED WITH REGULAR MEETINGS AND DELIVERABLES FOR BOTH MENTORS & VENTURES INCLUDING REGULAR FACE-TO-FACE MEETINGS. EACH VENTURE IS ASSIGNED 3 OR MORE MENTORS AND THERE ARE CURRENTLY OVER 50 MENTORS AND OVER 20 VENTURES IN THE PROGRAM. TEAMS PROGRAM HAS BEEN INSTRUMENTAL IN IMPROVING THE ODDS OF SUCCESS FOR PARTICIPATING VENTURES.
SILICON COULOIR PROVIDES A COWORK SPACE TO THE PUBLIC. THIS COWORK SPACE IS COMMUNAL, SHARED OFFICE SPACE THAT ALLOWS SMALL BUSINESSES, ENTREPRENEURS & OTHERS TO RECEIVE THE BENEFITS OF LEASING OFFICE SPACE WITHOUT THE LONG TERM COMMITMENT AND COST.THE COWORK SPACE ALSO PROVIDES A COMMUNAL ENVIRONMENT FOR ENTREPRENEURS & OTHERS TO HELP SUPPORT EACH OTHER & A RESOURCE THAT WOULD OTHERWISE NOT BE AVAILABLE TO SOLVE BUSINESS ISSUES. THE COWORK SPACE INCLUDES AN OPEN AREA WITH DESKS, SEMI-PRIVATE AND PRIVATE OFFICES, TELEPHONE BOOTHS FOR PRIVATE CONVERSATIONS, A CONFERENCE ROOM WITH STATE OF THE ART VIDEO AND TELE-COMMUNICATIONS EQUIPMENT, A KITCHEN AREA AND RESTROOMS. SILICON COULOIR ALSO HOSTS LEARNING EVENTS AT THE COWORK SPACE TO HELP CLIENTS FURTHER THEIR PERSONAL AND BUSINESS LIVES.
CHANCE MEETINGS ANGEL GROUP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Trauner Executive Director | Officer | 40 | $121,303 |
Cynthia Blankenship Chair | OfficerTrustee | 2.5 | $0 |
Tom Quantrille Vice Chair | OfficerTrustee | 2.5 | $0 |
Mary Mccarthy Secretary | OfficerTrustee | 2.5 | $0 |
Liza Millet Director | Trustee | 2.5 | $0 |
Alex Muromcew Chair | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,915 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,915 |
| Total Program Service Revenue | $176,387 |
| Investment income | $166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $583,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,199 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,303 |
| Compensation of current officers, directors, key employees. | $48,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,474 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,625 |
| Advertising and promotion | $15,774 |
| Office expenses | $7,969 |
| Information technology | $6,718 |
| Royalties | $0 |
| Occupancy | $87,221 |
| Travel | $432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,451 |
| Insurance | $1,318 |
| All other expenses | $12,457 |
| Total functional expenses | $440,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,606 |
| Savings and temporary cash investments | $160,151 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,774 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $30,501 |
| Other assets | $0 |
| Total assets | $500,032 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,936 |
| Total liabilities | $4,936 |
| Net assets without donor restrictions | $495,096 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $500,032 |
Grants Awarded
Over the last fiscal year, Silicon Couloir has awarded $11,364 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
POWWATER PURPOSE: ENTREPRENUERIAL SUPPORT | $8,782 |
MOUNTAINIST PURPOSE: ENTREPRENUERIAL SUPPORT | $2,582 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Silicon Couloir has recieved totaling $204,960.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Jackson Hole Jackson, WY PURPOSE: 2021 TRUSTEE CONTRIBUTION | $144,960 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $15,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $10,000 |