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Ohio · Public charity

The Youngstown Edison Business Incubator

Business development: to cultivate, accelerate and prmote the formation, growth, commercialization and innovation of technology-based businesses by providing the comprehensive, high quality entrepreneurial services and resoruces in a robust environment that promotes company success, attraction and retention to cultivate, accelerate and…

$614k
Granted FY2024(still arriving)
21
Itemized grants FY2024
8
Organizations funded FY2023
63%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$453k
The rest is grants the schedule does not break out
Median grant, FY2024
$11,850
Largest grant, FY2024
$181,335
Organizations funded a year
6 to 22
FY2017 to FY2023
States reached, FY2024
5
Total assets, FY2024
$16M

How open it is to new grantees

In FY2023, 63% of the organizations The Youngstown Edison Business Incubator funded were first-time grantees, receiving 29% of its grant dollars.

New vs renewed · share of each year

In FY2023, 71% of grant dollars renewed an existing relationship; $155k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
Community ImprovementOther
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
FY2024still arriving21$453k71%
FY20238$538k63%
FY20226$401k17%
FY202117$846k35%
FY202015$927k73%
FY201922$777k77%
FY201818$1.2M44%
FY201717$875kn/a
88% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Environment$2.1MEducation$1.6MScience & Tech$910kHealth$536kArts & Culture$185kCommunity Improvement$174kFood & Nutrition$170kYouth Development$45kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
IL
MI
IA
OH
PA
NJ
MO
KY
DE
AZ
OK
GA
TX

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
University of Northern Iowa$852,2063n/a
Defense and Energy Systems$646,8373n/a
Youngstown State University$162,8733n/a
Brite Energy Innovators$150,40034%
Humtown Additive$150,1893n/a
Juggerbot3d$146,6623n/a
American Foundry Society$131,27021%
Pennsylvania State University$127,3492n/a
Team NEO Foundation$96,54260%
Kent State University$82,9902n/a
Show all 23 grantees
All grantees of The Youngstown Edison Business Incubator by total granted
GranteeTotal grantedYearsShare of their budget
University of Northern Iowa$852,2063n/a
Defense and Energy Systems$646,8373n/a
Youngstown State University$162,8733n/a
Brite Energy Innovators$150,40034%
Humtown Additive$150,1893n/a
Juggerbot3d$146,6623n/a
American Foundry Society$131,27021%
Pennsylvania State University$127,3492n/a
Team NEO Foundation$96,54260%
Kent State University$82,9902n/a
Catalysis Additive Tooling$31,3671n/a
Product Development & Analysis LLC$26,0002n/a
Augment Therapy Inc$25,0001n/a
Manufacturing Advocacy & Growth Network Inc$25,00020%
Assimilogic LLC$23,8063n/a
Medasync$19,9171n/a
Investment Casting Institute$19,88011%
Advanced Methods in Innovation$12,12215%
M-7 Technologies$10,0371n/a
Tooling & Equipment$9,9991n/a
McMaster Carr$7,9471n/a
Matthews International Corporation$5,5001n/a
Kiraly Tool and Die Inc$5,4971n/a

Plus 57 recipients with no EIN on record ($3.2M), not named here.

Compare The Youngstown Edison Business Incubator with peer funders

About The Youngstown Edison Business Incubator

How much does The Youngstown Edison Business Incubator give?
The Youngstown Edison Business Incubator reported 21 itemized grants totaling $453,300, out of $613,545 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 6 and 22 organizations a year over FY2017 to FY2023.
What does The Youngstown Edison Business Incubator fund?
By grant dollars over FY2017 to FY2024, its largest causes are Environment (34%), Education (27%), Science & Tech (15%).
Who are The Youngstown Edison Business Incubator's largest grantees?
By total granted over FY2017 to FY2024: University of Northern Iowa ($852k), Defense and Energy Systems ($647k), Youngstown State University ($163k).
Does The Youngstown Edison Business Incubator fund new organizations?
In FY2023, 63% of the organizations it funded were first-time grantees.
Where is The Youngstown Edison Business Incubator based?
The Youngstown Edison Business Incubator is based in OH.

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 80 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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