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Funding

Florida · Nonprofit

PATEL INSTITUTE FOR INNOVATION INC

PATEL INSTITUTE FOR INNOVATION INC (Florida) receives grants from 5 organizations whose IRS filings report $340,859 to it, the largest being DRS KIRAN & PALLAVI PATEL FAMILY FOUNDATION INC ($190,000). 1 of them have funded it in more than one year.

$13M
Revenue FY2025
5
Funders on record
$341k
Grants received
$6.7M
Net assets
1/5 repeat funderspeak grant-dependency 2%

Against its field

PATEL INSTITUTE FOR INNOVATION INC runs a healthier operating margin than three-quarters of the 3,681 education nonprofits its size.

Operating margin14% · top quartile
Months of reserve7.3mo · top quartile
Revenue growth (annualized)153% · top quartile

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($49k) Expenses 100 ($57k) Net assets -3 ($-8381)2020 Revenue 5229 ($2.6M) Expenses 3915 ($2.2M) Net assets 100 ($331k)2021 Revenue 8133 ($4.0M) Expenses 5524 ($3.2M) Net assets 346 ($1.1M)2022 Revenue 13985 ($6.9M) Expenses 9231 ($5.3M) Net assets 815 ($2.7M)2023 Revenue 20932 ($10M) Expenses 15863 ($9.1M) Net assets 1164 ($3.9M)2024 Revenue 22884 ($11M) Expenses 17793 ($10M) Net assets 1467 ($4.9M)2025 Revenue 26509 ($13M) Expenses 19426 ($11M) Net assets 2023 ($6.7M)
2019202020212022202320242025
Revenue (26509)Expenses (19426)Net assets (2023)Peer revenue range

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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of PATEL INSTITUTE FOR INNOVATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$8k
19
$316k
20
$815k
21
$1.6M
22
$1.2M
23
$1.0M
24
$1.8M
25
7.3
months of
reserve
02Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $106 → $196k.

2 of 5 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 PATEL INSTITUTE FOR INNOVATION 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

PATEL INSTITUTE FOR INNOVATION INC leans on a few funders — its largest provides 56% of grant income and the top three 99%; half comes from just 1 funder.

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

56%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 99% · 2023 97%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.

Where its funders are

100% of PATEL INSTITUTE FOR INNOVATION INC's grant income comes from Florida funders.

NY
FL

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

22
23
Florida out of state home

Funder states come from each funder’s own filing. $7k 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding PATEL INSTITUTE FOR INNOVATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $347 on record.

State$347
22
23
Top programs
  • REFUNDS - GENERAL $347

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 PATEL INSTITUTE FOR INNOVATION INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

04Profile & governance

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

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

5
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for PATEL INSTITUTE FOR INNOVATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PATEL INSTITUTE FOR INNOVATION INC?
PATEL INSTITUTE FOR INNOVATION INC (Florida) receives grants from 5 organizations whose IRS filings report $340,859 to it, the largest being DRS KIRAN & PALLAVI PATEL FAMILY FOUNDATION INC ($190,000). 1 of them have funded it in more than one year.
How many funders does PATEL INSTITUTE FOR INNOVATION INC have?
IRS filings report 5 organizations giving $340,859 in grants to PATEL INSTITUTE FOR INNOVATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of PATEL INSTITUTE FOR INNOVATION INC?
DRS KIRAN & PALLAVI PATEL FAMILY FOUNDATION INC is the largest funder on record, with $190,000 in grants. The full list of funders is on this page.
How can an organization like PATEL INSTITUTE FOR INNOVATION 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 5funders 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 August 27, 2026. What this page cannot tell you · view filing