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Filing year 2023

Innovation Depot Inc

Birmingham, Alabama·EIN 63-0917530·3
Total revenue
$5.7M
Total assets
$16.2M
Total expenses
$3.2M
Reported officers
12
Mission

To incubate and accelerate tech & bio-focused, high growth businesses by providing teams with a proven blueprint for success, support in strategic areas, and access to an inclusive and supportive community. We add value by being a catalyst for growth to our members, partners, and community.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Base
$254k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 unpaid individuals.

Financial trend

Revenue and expenses over time

Innovation Depot Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.8M
2022
$5.7M
$3.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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