Arch Grants
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Arch Grants meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to advance economic development in the St. Louis Region by attracting and retaining innovative entreprenuers."
Year, State Incorporated:
2010, MO
Also Known As:
Entrepreneur Startup Business Development Corporation Arch Grants
Arch Grants is a 501(c)(3) nonprofit with a mission to transform the St. Louis economy by attracting and retaining extraordinary entrepreneurs. Through their annual Startup Competition, they award $75,000 - $100,000 in equity-free grants and access to an ecosystem of resources to 20-25 early-stage startups each year.
For the year ended December 31, 2023, Arch Grants's program expenses were:
| Programs | $3,390,464 |
| Total Program Expenses | $3,390,464 |
Chief Executive
Gabe Angieri, Executive Director
Compensation*
$190,428
Chair of the Board
Elizabeth Zucker
Chair's Profession / Business Affiliation
Interior Investments
Board Size
15
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Arch Grants's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Net Realized and Unrealized Gain on Investments | $1,646,065 |
| Contributions and Grants | $1,588,045 |
| Interest and Dividends | $876,629 |
| Fundraising Event Revenue | $380,376 |
| Total Income | $4,491,115 |
Programs: 85% Fundraising: 9% Administrative: 6%
| Total Income | $4,491,115 |
| Total expenses: | $3,980,248 |
| Program expenses | $3,390,464 |
| Fundraising expenses | $347,669 |
| Administrative expenses | $242,115 |
| Other expenses | $0 |
| Income in Excess of Expenses | $510,867 |
| Beginning Net Assets | $23,113,498 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $23,624,365 |
| Total Liabilities | $1,570,486 |
| Total Assets | $25,194,851 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB of Eastern & Southwest Missouri & Southern Illinois