StartUp Westport Inc
Nonprofit profile at a glance
- EIN
- 934193938
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Westport, CT, USA
- Phone
- 9143194626
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Small Business Development
Reported finances
- Revenue
- $118,216
- Expenses
- $69,128
- Assets
- $95,521
- Liabilities
- $28,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Michael Minihan (Vice President)
People named in this filing
- Cliff Sirlin (Director)
- Peter Propp (Director)
- Jay Norris (Director)
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
To provide educational and networking opportunities for entrepreneurs who are connected to the Westport, CT community.
What it reported doing in 2025
StartUp Westport, Inc. achieved its exempt purpose objectives in 2025 by growing to over 3,000 members. Events open to the public for education and networking included 4 large events in the Westport Community, including the Inventor of the Year and Women in Venture events. Each of these events served more than 200 people. In addition, StartUp Westport organized and held 21 "Special Interest Group" educational sessions that were open to the public and served more than 650 people during 2025. StartUp Westport's mentorship program had two cohorts of mentee's, with each cohort lasting four months. More than 90 individuals were served by the mentorship program.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 100
- Sustainability: 71
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.1%; rating input score 52
- Program expense ratio: 89.1%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 41.5%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.38; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 52.1% of revenue deployed · 89.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $62K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.