Nonprofit screen
Screen a listThe Innovation Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$345krevenue
FY2024 · +5756% in 3 yrs1staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−22.5%
Months of reserve1.2mo
Revenue growth (annualized)−25.6%
Middle half of peersMedianInnovation
Where the money goes FY2024 · $423k spent
Programs$342k81%Management and general$32k8%Fundraising$49k12%990 FY2024 · Part IX line 25
Worth checking2
A major funder stopped after FY2021
Ring Family Supporting Foundation gave about $18k a year for two years.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$14k in FY2023 and −$78k in FY2024. Cash covers 1.2 months, under the peer median of 6.7.
990 Part I and balance sheetIn its favor
None found in the filings.
15funders
$177ka year, last 3 years
98%from its largest funder
Funder’17’18’19’20’21’22’23The Keywell FoundationSince FY2022$225k$295kSusan Crown Exchange IncStopped after FY2019$75k$86k$154k–Depaul UniversityStopped after FY2019$55k$55k$55k–The American Institute of ArchitectsStopped after FY2019$55k$80k–The Robert Wood Johnson FoundationStopped after FY2019$90k$10k–SylvanLaureate Foundation IncStopped after FY2018$25k$20k–Donor-advised giftsDonors not disclosed$270k$61k$267k$21k4 other fundersUp to $25k a year each$8k$30k$8k$25k$10k
FundedThrough a donor-advised fundStopped