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Filing year 2024

FERRIS WHEEL INNOVATION CENTER

Flint, Michigan·EIN 81-5434313·NTEE B60 · Education·501(c)(3)
Total revenue
$1.4M
Total assets
$571k
Total expenses
$1.4M
Reported officers
9
Mission

HOUSED IN FLINT, MICHIGAN, WE ARE A NON-PROFIT WITH A MISSION TO RELIEVE THE INNOVATOR OF THE ENTREPRENEURIAL BURDEN. WE KNOW ENTREPRENEURSHIP CAN BE DIFFICULT, AND THAT'S WHY WE'RE HERE TO HELP. AS A COMMUNITY OF STUDENT PROFESSIONALS, LEAD BY A DYNAMIC LEADERSHIP TEAM, WE VET ENTREPRENEURIAL IDEAS TO PROVIDE A HELPING HAND IN BUSINESS DEVELOPMENT TO ANYONE REGARDLESS OF THEIR PRIOR EXPERIENCE OR BACKGROUND.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Executive Di
25th percentile to medianvs Education peers in Michigan
$79k
$85k
Director of
Director (Operational)
25th percentile to median
$70k
$75k
Director of
Director (Operational)
10th to 25th percentile
$40k
$43k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FERRIS WHEEL INNOVATION CENTER equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 8%
from 2023

From $85k in 2023 to $79k in 2024.

$85k
2023
$79k
2024
In today's dollarsEst.
Down 10% in real terms$94k to $85k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 8% from 2023 to 2024, while revenue rose 70%.

$85k in 2023 to $79k in 2024.
  • Director (Operational) pay fell 11% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FERRIS WHEEL INNOVATION CENTER

What does the Chief Executive Officer of FERRIS WHEEL INNOVATION CENTER earn?

In 2024, the Chief Executive Officer of FERRIS WHEEL INNOVATION CENTER received $78,661 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FERRIS WHEEL INNOVATION CENTER compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2024 pay of the Chief Executive Officer at FERRIS WHEEL INNOVATION CENTER falls between the 25th percentile and the median. In 2024, the highest total compensation at FERRIS WHEEL INNOVATION CENTER equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are FERRIS WHEEL INNOVATION CENTER's revenue and expenses?

In 2024, FERRIS WHEEL INNOVATION CENTER reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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