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Startup Sandbox Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821427488 ✦ Santa cruz, CA ✦ Designated as a 501(c)(3)

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Overview

What is Startup Sandbox Inc?

Startup Sandbox Inc, located at 250 Natural Bridges Drive, Santa Cruz, CA 95060, is a nonprofit organization that specializes in supporting biotech startups and entrepreneurs. Affiliated with the University of California, Santa Cruz, it offers a comprehensive suite of services. These include renting out lab and office spaces, providing scientific equipment and instruments, and offering managerial support at below-market rates. Its mission is to accelerate the development of university research in the biotech field, creating a conducive environment for startups to thrive. With a small team of one dedicated individual, Startup Sandbox Inc plays a vital role in fostering innovation and scientific advancement in the biotech sector.


Official website here: www.startupsandbox.org

Is Startup Sandbox Inc legitimate?

Startup Sandbox Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Startup Sandbox Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $84,434
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.startupsandbox.org

What is the mission statement of Startup Sandbox Inc?

Startup Sandbox Inc serves as a biotech laboratory incubator, supporting the development of university research. It is affiliated with the University of California Santa Cruz and provides a comprehensive suite of services to biotech startups and entrepreneurs. The organization rents out lab, office, and equipment space at below-market rates, and offers managerial support. The primary mission of Startup Sandbox Inc is to provide a wide range of state-of-the-art scientific equipment, along with lab, business, and executive advisory services. This facilitates the acceleration of start-up research companies, thereby fostering innovation and advancement in the biotech field.


Official website here: www.startupsandbox.org

Who is the CEO of Startup Sandbox Inc?

Same As Above is the Principal Officer of Startup Sandbox Inc. The CEO's salary of Startup Sandbox Inc is $5,000 and their total compensation is $5,000.


Official website here: www.startupsandbox.org

What is the revenue of Startup Sandbox Inc?

Startup Sandbox Inc's revenue in 2022 was $452,310.


Official website here: www.startupsandbox.org

Who are the executives of Startup Sandbox Inc and what are their salaries?

The average compensation at Startup Sandbox Inc during 2022 was $84,434. There is 1 employee and 25 volunteers at Startup Sandbox Inc.


Here are 6 key members and their salaries (Startup Sandbox Inc's CEO's salary is $5,000 and their total compensation is $5,000):


Beau Vrolyk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Mitchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Pambianco (Ceo)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
David Makarichian (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Murphy (Cheif Of Staff)
  • Compensation: $79,434
  • Related: $0
  • Other: $0


Official website here: www.startupsandbox.org

Where can I find the form 990 for Startup Sandbox Inc?

Startup Sandbox Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.startupsandbox.org

Learn more at the official website: www.startupsandbox.org

Mission Statement of Startup Sandbox Inc

Startup Sandbox Inc, affiliated with the University of California Santa Cruz, serves as a biotech laboratory incubator, specializing in the development of university research. Its mission is to support budding biotech startups and entrepreneurs by providing them with essential resources. This includes renting out laboratory, office, and equipment space at below market rates, as well as offering managerial support. The organization's primary goal is to accelerate the growth of start-up research companies, thereby contributing to the advancement of scientific research in the field of biotechnology. By offering a wide spectrum of state-of-the-art scientific equipment, Startup Sandbox Inc provides an ideal environment for these startups to thrive and innovate.

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Impact




October, 2024

Startup Sandbox Inc significantly impacts the biotech ecosystem by providing essential resources and support for emerging startups and researchers. Located in Santa Cruz and affiliated with the University of California Santa Cruz, the organization offers specialized lab space, state-of-the-art scientific equipment, and office facilities tailored to the needs of biotech entrepreneurs.

By offering below-market rental rates, Startup Sandbox makes high-quality research environments accessible to a diverse range of innovators, helping to lower the barriers to entry for new ventures. The provision of managerial support and advisory services further accelerates the development of novel projects, fostering growth and collaboration within the biotech community.

Moreover, Startup Sandbox facilitates networking and knowledge-sharing through access to conference space, enhancing the overall entrepreneurial landscape. By nurturing the transformation of university research into viable market solutions, Startup Sandbox Inc plays a crucial role in driving innovation and supporting community improvement in the biotech sector.




This information is meant to be a general summary of Startup Sandbox Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$452,310 (2022)
Expenses
$590,469 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $406,410
  • Gross Receipts: $452,310

Assets and Liabilities:

  • Total Assets: $192,290
  • Total Liabilities: $158,044
  • Net Assets: $34,246

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTS (BELOW MARKET RA

Revenue

$406,410

Organization Details

Founding Year

2017

Principal Officer

Same As Above

Main Address

250 NATURAL BRIDGES DRIVE, SANTA CRUZ, CA, 95060

NTEE Category

Code: S30 - Community improvement

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