Minnesota Emerging Software Advisory Inc
- Assets
- $22.0k
- Revenue
- $37.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- Data as of
- 12/2022
- EIN
- 86-3058659
Organization Overview
Minnesota Emerging Software Advisory Inc is located in Eden Prairie, MN. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Emerging Software Advisory Inc 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 12/2022, Minnesota Emerging Software Advisory Inc generated $37.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $29.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINNESOTA EMERGING SOFTWARE ADVISORY, INC. ("MESA") WAS FORMED TO PROVIDE EDUCATIONAL SERVICES AND MENTORING TO EARLY-STAGE, EMERGING GROWTH TECHNOLOGY COMPANIES IN MINNESOTA. MESA'S VOLUNTEER MENTORS OFFER COACHING, EDUCATION, TRAINING, EXPERIENCE AND COUNSEL FROM LEADING EXPERTS TO ENTREPRENEURS THAT FOUND AND ARE RUNNING STARTUPS. THE EDUCATION AND TRAINING PROVIDED BY MESA MENTORS HELPS MINNESOTA'S EMERGING SOFTWARE COMPANIES SUCCEED BY REDUCING EXECUTION RISK AND ACCELERATING GROWTH.MESA PROVIDES DIRECT MENTORING TO THE ENTREPRENEURS AND HELPS THE COMPANIES THEY RUN FOCUS ON ONE OR TWO IMPORTANT GOALS. MESA MENTORS WILL WORK THROUGH IMPLEMENTATION OF THE IDEAS WITH THE ENTREPRENEURS TO TEACH THE ENTREPRENEURS HOW IMPROVE THE COMPANY'S CHANCE OF SUCCESS. MESA MENTORS WILL ALSO EDUCATE ENTREPRENEURS ON HOW OTHER COMPANIES HAVE SOLVED SIMILAR PROBLEMS. MESA VOLUNTEERS HAVE A WEALTH OF KNOWLEDGE AND SHARE IT WITH THEIR MENTEE COMPANIES FURTHERING MESA'S EDUCATIONAL EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Lillemoe Treasurer/vice-Chair | 1 | $0 | |
Timothy Bates Secretary | 1 | $0 | |
James Moar President/ceo/chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,720 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,580 |
| Total Revenue | $37,300 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $6,451 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,741 |
| Total operating and administrative expenses | $28,967 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $28,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,043 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,043 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wiscnet Madison, WI | $19,265,640 | $9,057,881 |
Wisconsin Livestock Identification Consortium Inc Madison, WI | $152,013 | $431,499 |
International Association For Human Resource Information Management In Milwaukee, WI | $72,144 | $229,897 |
Iowa Technology And Education Connection Nevada, IA | $137,996 | $217,389 |
Parent Booster Usa Inc Maple Grove, MN | $44,862 | $0 |
International Society For Computers And Their Applications Winona, MN | $40,706 | $0 |
Minnesota Emerging Software Advisory Inc Eden Prairie, MN | $22,043 | $37,300 |
Iowa Health Information Management Association Pella, IA | $185,210 | $0 |
Twin City Quality Assurance Association Victoria, MN | $60,360 | $0 |
World Vista Minneapolis, MN | $231,112 | $0 |