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Florida · Nonprofit

NATIONAL ACADEMY OF INVENTORS INC

NATIONAL ACADEMY OF INVENTORS INC (Florida) receives grants from 10 organizations whose IRS filings report $567,456 to it, the largest being Genspiration Foundation Inc ($424,235). 7 of them have funded it in more than one year.

Revenue FY2024
$3.7M
Funders on record
10
Grants received
$567k
Net assets
$6.6M
7/10 repeat funderspeak grant-dependency 3%
01What it does

What National Academy of Inventors Inc does

Mission

The academy of inventors is 100% deevoted to instructing individuals in an effort to improve skills as inventors and instructing the public as to the benefits of innovation. The sublect matter of the education encompasses essentially the entire fields of applied science with a focus on transformative technology and academic innovation.

As stated on its FY2024 Form 990.

Programs

  1. Not described on the e-filed return.

    $1,522,830 spent
    100% of program spending
  2. Nai annual meeting the nai annual meeting is held each spring and features stimulating presentations and networling with renowned inventors from accross the us and around the world. The meeting serves as an arena where innovation and entrepresneirship in the academic world, leading local and national economic development is recognized, honoured and cultivated.

  3. Brick and mortar is is estimated to build a physical office building in an offsite location for the foundation. The board has chosen to assign 100,000 per year to this fund until building plans etc can commence.

  4. Grant for fees: the board has elected to fund an nai reserve for supporting memebers in hardship and retirement. This also includes member institutions who might have budget restrictions and to support support our fellows who may be unable to continue membership due to the fact that they retired and or income has changed.

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,522,830.

02The organization over time

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.

100 = 20172017 Revenue 100 ($935k) Expenses 100 ($699k) Net assets 100 ($952k)2018 Revenue 126 ($1.2M) Expenses 72 ($501k) Net assets 170 ($1.6M)2019 Revenue 130 ($1.2M) Expenses 116 ($814k) Net assets 228 ($2.2M)2020 Revenue 127 ($1.2M) Expenses 66 ($464k) Net assets 304 ($2.9M)2021 Revenue 171 ($1.6M) Expenses 178 ($1.2M) Net assets 342 ($3.3M)2022 Revenue 161 ($1.5M) Expenses 163 ($1.1M) Net assets 380 ($3.6M)2023 Revenue 260 ($2.4M) Expenses 172 ($1.2M) Net assets 509 ($4.8M)2024 Revenue 391 ($3.7M) Expenses 273 ($1.9M) Net assets 693 ($6.6M)
'17'18'19'20'21'22'23'24
Revenue (391)Expenses (273)Net assets (693)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.8M to $6.6M (+36%).

$952k
$1.8M
$2.2M
$2.9M
$3.3M
$3.6M
$4.8M
$6.6M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

24% of NATIONAL ACADEMY OF INVENTORS INC’s revenue is contributions — about as donation-reliant as the typical peer (67% for the typical peer).

This organization
Typical peer · 498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$236k
’17
$674k
’18
$403k
’19
$724k
’20
$351k
’21
$366k
’22
$1.2M
’23
$1.7M
’24
40
months of
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.

'17'18'19'20'21'22'23'24
Listed910111111111111
Joined·+1+2+2+0+1+0+0
No longer listed·0120100
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $35k → $81k.

2 of 10 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 NATIONAL ACADEMY OF INVENTORS INC’s funders (the co-funder graph). 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

NATIONAL ACADEMY OF INVENTORS INC leans on a few funders — its largest provides 75% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

75%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 50% · 2020 98% · 2021 100% · 2022 94% · 2023 95% — diversifying over time.

“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

60% of NATIONAL ACADEMY OF INVENTORS INC's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y

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

77% of NATIONAL ACADEMY OF INVENTORS INC's grant income comes from Florida funders.

MI
OR
CA
DC
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $14k arriving through sponsors registered in 2 states 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.

04Its place in the field

Against its field

NATIONAL ACADEMY OF INVENTORS INC runs a healthier operating margin than three-quarters of the 482 science & tech nonprofits its size.

Operating margin48% · top quartile
Months of reserve40.4mo · top quartile
Revenue growth (annualized)21% · above the median

this organization peer median middle 50% of peers· 482 science & tech nonprofits $1M–$10M, FY2024

Government funding NATIONAL ACADEMY OF INVENTORS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10k on record.

Federal$10k
grants $0contracts $10k
Top agencies
  • Department of Energy$10k

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 NATIONAL ACADEMY OF INVENTORS 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 Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 19%Fundraising 1%

Governance

9
board members
56%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL ACADEMY OF INVENTORS 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.

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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 NATIONAL ACADEMY OF INVENTORS INC?
NATIONAL ACADEMY OF INVENTORS INC (Florida) receives grants from 10 organizations whose IRS filings report $567,456 to it, the largest being Genspiration Foundation Inc ($424,235). 7 of them have funded it in more than one year.
How many funders does NATIONAL ACADEMY OF INVENTORS INC have?
IRS filings report 10 organizations giving $567,456 in grants to NATIONAL ACADEMY OF INVENTORS INC, 7 of which have funded it in more than one year.
Who is the largest funder of NATIONAL ACADEMY OF INVENTORS INC?
Genspiration Foundation Inc is the largest funder on record, with $424,235 in grants. The full list of funders is on this page.
How can an organization like NATIONAL ACADEMY OF INVENTORS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds National Academy of Inventors →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 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