2026-07-10T10:52:00-05:00 2025-12-31 911233794 HAGEN KURTH PERMAN & CO PS 1700 7TH AVE SUITE 1600 SEATTLE WA 981014419 990 2025-01-01 274333255 SKYSTHELIMIT ORG SKYS 5103798952 2346C FRANKLIN AVE E SEATTLE WA 98102 WILLIAM A GHIRARDELLI CEO, PRESIDENT 5103798952 2026-07-10 1 SABIN N PRADHAN CPA P00427889 2066829200 2026-07-08 2025 2025-03-06 01:10:19Z X WILLIAM A GHIRARDELLI 2346C FRANKLIN AVE E SEATTLE WA 98102 2033289 0 X HTTPS://WWW.SKYSTHELIMIT.ORG/ X 2010 WA TO HELP UNDERREPRESENTED ENTREPRENEURS PLAN, LAUNCH AND GROW BUSINESSES THROUGH ONE-ON-ONE MENTORING, TRAINING, AND ACCESS TO CAPITAL. 21 19 2 1200 0 0 2501789 1937694 0 0 128390 93947 1069 1648 2631248 2033289 82057 93014 0 0 556009 240744 0 0 57589 1442267 1086799 2080333 1420557 550915 612732 4000412 4581543 69415 37814 3930997 4543729 TO CONNECT UNDERREPRESENTED YOUNG ADULT ENTREPRENEURS WITH ONE-ON-ONE SUPPORT, INCLUDING FROM VOLUNTEER BUSINESS MENTORS, AS WELL AS PROVIDE TAILORED ENTREPRENEURSHIP TRAINING AND BUSINESS FUNDING OPPORTUNITIES. 0 0 1194370 93014 OUR INTEGRATED CORE PROGRAM CONNECTS UNDERREPRESENTED YOUNG ENTREPRENEURS WITH TRAINING, FUNDING, AND A COMMUNITY OF THEIR PEERS & VOLUNTEER PROFESSIONALS ON OUR SKYSTHELIMIT.ORG DIGITAL PLATFORM. OUR ENTREPRENEURS ARE BETWEEN THE AGES OF 18 AND 29 AND ARE MEMBERS OF UNDERREPRESENTED GROUPS, PRIMARILY LOW-INCOME, PEOPLE OF COLOR, AND/OR WOMEN. OUR VOLUNTEER MENTORS ARE PROFESSIONALS FROM LEADING CORPORATIONS AS WELL AS OWNERS AND OPERATORS FROM THE SMALL BUSINESS COMMUNITY. OUR TEAM LEVERAGES OUR PLATFORM TO RECRUIT, SCREEN, TRAIN, MATCH, EVALUATE, AND SUPPORT YOUNG ENTREPRENEURS AND VOLUNTEER BUSINESS ADVISORS & MENTORS AT SCALE. OUR INNOVATIVE STARTUP GRANT PROGRAM AWARDS SMALL GRANTS TO YOUNG ENTREPRENEURS FOR THEIR BUSINESS LAUNCH EXPENSES. 1194370 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA CA X X WILLIAM BO GHIRARDELLI IV 5103798952 2346C FRANKLIN AVE E SEATTLE WA 98102 WILLIAM BO GHIRARDELLI CEO, PRESIDENT 40.00 X X 163094 0 0 JOEL HIGA SECRETARY 1.00 X X 0 0 0 NICOLAS CARY CHAIRMAN 20.00 X X 0 0 0 BRADFORD SMITH TREASURER 1.00 X X 0 0 0 JOHN DOWNIE BOARD MEMBER 1.00 X 0 0 0 AUBREY FLYNN BOARD MEMBER 1.00 X 0 0 0 OMAR HAJJI BOARD MEMBER 1.00 X 0 0 0 FABIO ROSATI BOARD MEMBER 1.00 X 0 0 0 BRIANNA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 CLIF MARRIOTT BOARD MEMBER 1.00 X 0 0 0 MICHELLE PARSONS BOARD MEMBER 1.00 X 0 0 0 GEORGE MESTRE BOARD MEMBER 1.00 X 0 0 0 CLAUDIA VIEK BOARD MEMBER 1.00 X 0 0 0 KATHLEEN UTECHT BOARD MEMBER 1.00 X 0 0 0 KEES AARTS BOARD MEMBER 1.00 X 0 0 0 RICH MASON BOARD MEMBER 1.00 X 0 0 0 JOEY IAZZETTO BOARD MEMBER 1.00 X 0 0 0 MONICA CASANAS MORALES BOARD MEMBER 1.00 X 0 0 0 ROBIN JANSEN BOARD MEMBER 1.00 X 0 0 0 SAMUEL CHPAMAN BOARD MEMBER 1.00 X 0 0 0 MARK BROWN BOARD MEMBER 1.00 X 0 0 0 163094 0 0 1 0 1 0 NICOLAS CARY 110 BISHOPSGATE LONDON EC2N 4AY UK SOFTWARE DEVELOPMENT AND TECHNICAL CONSU 103331 GEORGIIEVSKYI MAKSYM ROTUNDA DAS OLIVEIRAS 3 - 1 FTE LIS PO SOFTWARE DEVELOPMENT AND TECHNICAL CONSU 101351 SERHII VORONOV JUGOSLAVSKYCH PARTYZANU 1580/3 DEJV EZ SOFTWARE DEVELOPMENT AND TECHNICAL CONSU 101340 3 1937694 1937694 93947 93947 EXCHANGE GAIN 900099 1648 1648 1648 2033289 1648 0 93947 X 90514 90514 2500 2500 165363 72478 59703 33182 23450 10682 8076 4692 51931 22046 17599 12286 792754 747601 45153 89645 89645 767 767 123295 123295 9116 1687 7429 21599 21599 DUES AND SUBSCRIPTIONS 24359 24359 OPERATING EXPENSES 14014 14014 TRAINING 11250 11250 1420557 1194370 168598 57589 310878 748124 95323 45669 3586960 3787750 7251 4000412 4581543 69415 37814 69415 37814 X 3930997 4543729 3930997 4543729 4000412 4581543 612732 0 X 0 1 X 0 0 X 2883648 2650631 3110597 2501789 1937693 13084358 2883648 2650631 3110597 2501789 1937693 13084358 7971990 5112368 1157 2058 59092 128390 93947 284644 1069 1649 2718 13371720 0.38230 0.46210 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EXCHANGE GAIN RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2033289 0 2033289 0 2033289 1420557 0 1420557 0 1420557 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THAT POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR 2024 AND 2023. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2021. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING GENERAL ASSISTANCE 2500 0 0 0 0 0 0 2500 0 2500 0 0 0 0 0 0 PART I, LINE 2: GRANTORS COMMIT TO SENDING A QUICK PROGRESS REPORT AT ONE (1), SIX (6), TWELVE (12) AND (24) MONTHS TO SKY'S THE LIMIT BY EMAIL, INCLUDING USE OF THE GRANT, NUMBER OF EMPLOYEES AND FINANCIAL INFORMATION. 1 GENERAL - YOUNG ENTREPRENEUR STARTUP GRANTS 32 72750 PART I, LINE 2: GRANTORS COMMIT TO SENDING A QUICK PROGRESS REPORT AT ONE (1), SIX (6), TWELVE (12) AND (24) MONTHS TO SKY'S THE LIMIT BY EMAIL, INCLUDING USE OF THE GRANT, NUMBER OF EMPLOYEES AND FINANCIAL INFORMATION. X 0 0 0 0 0 0 0 0 0 WILLIAM BO GHIRARDELLI CEO, PRESIDENT 163094 0 0 0 0 0 0 0 0 0 163094 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 WAS GIVEN TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. EACH DIRECTOR AND OFFICER WITH GOVERNING BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT HE/SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND AGREES TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND COO COMPENSATION WAS DETERMINED USING THIRD PARTY COMPARABILITY DATA, WITH BOARD MEMBERS AS ADVISERS. NO BOARD MEMBER HAS VOTING AUTHORITY OVER THEIR OWN COMPENSATION. THE COMPENSATION WAS LAST REVIEWED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. 990 FORMS CAN BE FOUND ON SITES IRS.GOV AND GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G LEGAL AND OTHER PROFESSIONAL FEES AND SERVICES: PROGRAM SERVICE EXPENSES 747,601. MANAGEMENT AND GENERAL EXPENSES 45,153. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 792,754.