New York · Nonprofit
INNOVATEEDU INC
INNOVATEEDU INC (New York) receives grants from 18 organizations whose IRS filings report $13,962,679 to it, the largest being GATES FOUNDATION ($6,372,971). 8 of them have funded it in more than one year.
- Revenue FY2025
- $2.6M
- Funders on record
- 18
- Grants received
- $14M
- Net assets
- $3.8M
What Innovateedu Inc does
Mission
Innovateedu catalyzes education transformation by bridging gaps in data, policy, practice, and research to center the needs of the field in accelerating innovation towards an equitable, inclusive and radically different future for all learners.
As stated on its FY2025 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
The development of digital tools program ceased 7/31/24.
Its own explanation, from Schedule O of that return (Part III, line 3).
Bringing together stakeholders in the field of education to solve shared challenges including around staffing, technology, and supporting students with disabilities: innovateedu leads coalitions that bring together a range of stakeholders in the field of education to solve challenges - such as staffing in schools, remote learning, technology, and educating students with disabilities through events, resource development and community building.
$1,712,064 spent66% of program spendingWork on data interoperability in k-12 education:innovateedu leads a nationwide effort to improve data interoperability in k-12 education; convenes school-based practitioners working to solve challenges and receive professional development related to data in education; and provides technical assistance to schools/districts.
$375,976 spent14% of program spendingAfter school program for middle school students:innovateedu operates an afterschool program for middle school students with activities including arts, athletics, stem, and leadership development.
$313,967 spent12% of program spendingDevelopment of digital tools to support schools, teachers, and students:innovateedu develops online tools to help schools, teachers, and students better visualize their data and use data to inform decisions about instruction and school operations.
$92,523 spent4% of program spendingBuild and develop an ecosystem that reflects the best practices for ai use in education:innovateedu leads an uncommon alliance committed to leverage ai to create better student outcomes, save time for teachers, and increase efficiencies for stakeholders.
$73,898 spent3% of program spendingImproving research and development infrastructure in education:innovateedu works to bring stakeholders in education together to solve shared challenges related to data and improving research and development infrastructure in k-12 education.
$27,428 spent1% of program spending
The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,595,856.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.7M to $5.3M (+43%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 11% · 2018 8% · 2019 21% · 2020 12% · 2021 14% · 2022 19% · 2023 17% · 2024 20% · 2025 16%. Grants only. Government contracts and fees sit inside program revenue.
100% of INNOVATEEDU INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Steven Hodas
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2017 and FY2018 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 7 funders, grant income fell $3.0M → $2.5M.
2 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of INNOVATEEDU INC’s funders (the co-funder graph). Top 17 of 18 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
INNOVATEEDU INC leans on a few funders — its largest provides 46% of grant income and the top three 73%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 36% · 2018 100% · 2019 78% · 2020 87% · 2021 80% · 2022 47% · 2023 64% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of INNOVATEEDU INC's funders are still giving 3 years after their first grant; 44% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
INNOVATEEDU INC draws 79% of its grant income from funders outside New York, across 8 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $260k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
INNOVATEEDU INC holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Government funding INNOVATEEDU INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $56k on record.
- (PP) STATE AID/POL SUB$56k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like INNOVATEEDU INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
50%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Convergeedu Pbllc · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for INNOVATEEDU INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INNOVATEEDU INC?
- INNOVATEEDU INC (New York) receives grants from 18 organizations whose IRS filings report $13,962,679 to it, the largest being GATES FOUNDATION ($6,372,971). 8 of them have funded it in more than one year.
- How many funders does INNOVATEEDU INC have?
- IRS filings report 18 organizations giving $13,962,679 in grants to INNOVATEEDU INC, 8 of which have funded it in more than one year.
- Who is the largest funder of INNOVATEEDU INC?
- GATES FOUNDATION is the largest funder on record, with $6,372,971 in grants. The full list of funders is on this page.
- How can an organization like INNOVATEEDU INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing