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Michigan · Public charity

Ferris Wheel Innovation Center

Housed in flint, michigan, we are a non-profit with a mission to relieve the innovator of the entrepreneurial burden. We know entrepreneurship can be difficult, and that's why we're here to help. As a community of student professionals, lead by a dynamic leadership team, we vet entrepreneurial ideas to provide a helping hand in business…

$30k
Granted FY2021
1
Grants FY2021
1
Organizations funded FY2021
0%
First-time grantees FY2021
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Median grant, FY2021
$30,000
Largest grant, FY2021
$30,000
Organizations funded a year
1 to 2
FY2017 to FY2021
States reached, FY2021
1
Total assets, FY2021
$571k

How open it is to new grantees

In FY2021, 0% of the organizations Ferris Wheel Innovation Center funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2021, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’21
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20211$30k0%
FY20201$114k0%
FY20191$88k0%
FY20181$88k0%
FY20172$150kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2021.

Education$389kCommunity Improvement$50kHealth$30k

Top grantees

Largest recipients by total granted, FY2017 to FY2021, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Regents of the University of Michigan$419,4565n/a
Xlerate Health Inc$50,000149%

Compare Ferris Wheel Innovation Center with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Ferris Wheel Innovation Center?

Find your warmest path to Ferris Wheel Innovation Center through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Ferris Wheel Innovation Center

How much does Ferris Wheel Innovation Center give?
Ferris Wheel Innovation Center reported 1 grants totaling $30,000 in its FY2021 IRS filing. It funded between 1 and 2 organizations a year over FY2017 to FY2021.
What does Ferris Wheel Innovation Center fund?
By grant dollars over FY2017 to FY2021, its largest causes are Education (83%), Community Improvement (11%), Health (6%).
Who are Ferris Wheel Innovation Center's largest grantees?
By total granted over FY2017 to FY2021: Regents of the University of Michigan ($419k), Xlerate Health Inc ($50k).
Does Ferris Wheel Innovation Center fund new organizations?
In FY2021, 0% of the organizations it funded were first-time grantees.
Where is Ferris Wheel Innovation Center based?
Ferris Wheel Innovation Center is based in MI.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 2 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2021, the most recent year this funder made grants.

Source object · view filing

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