Istart Valley Inc
Nonprofit profile at a glance
- EIN
- 454421721
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990 2015, Form 990-EZ 2025
- Location
- Leander, TX, USA
- Phone
- 9043821419
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $199,850
- Expenses
- $199,850
- Assets
- $20,087
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Manjunath Charmani (Founder and Chair)
- Anwesha Banerjee (Executive Dircetor)
- Rajeshwari Charmani (Director - Administration)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
IStart Valley is a Nonprofit Business Accelerator for Entrepreneurs and Innovators. Our goal is to provide world-class platform and resources for aspiring Entrepreneurs and Innovators to turn their creative ideas into growing Tech Startups. We offer awe-inspiring, immersive and experiential programs to create a strong pipeline of innovators and entrepreneurs for advancing the economic growth leveraging global partnerships. We help redefine the startup ecosystem with the support of local and global resources by providing a viable pool of Innovators, Entrepreneurs and Startups. iStart Valley, is ranked #10 on MAVS TOP 100 Fastest growing businesses in 2020. D-CEO and Communities Foundation of Texas awarded iStart Valley as the "Social Enterprise for Outstanding Innovation" Finalist. Organization has consistently earned the reputation of being one of the Great Nonprofits three years in a row.
What it reported doing in 2025
In order to build a strong innovation pipeline and prepare the workforce for the 4th Industrial revolution, iStart Valley hosted AI and Data Science workshops, Research programs in Life science, Neuroscience Programs
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.5%; rating input score 28
- Program expense ratio: 27.5%; rating input score 28
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 19.3% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 18.4% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 13.6% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 27.5% of revenue deployed · 27.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $55K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.