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Filing year 2023

INNOVATION FUND AMERICA INC

Elyria, Ohio·EIN 46-1761848·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$75k
Total assets
$2k
Total expenses
$822k
Reported officers
8
Mission

INNOVATION FUND AMERICA IS A NONPROFIT PARTNERING WITH COMMUNITY COLLEGES TO ACCELERATE THE GROWTH OF TECHNOLOGY STARTUPS THROUGH EARLY-STAGE FUNDING AND EDUCATION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Treasurer
Officer (Unspecified)
$17k
$19k

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 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INNOVATION FUND AMERICA INC equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $17k in 2022 to $17k in 2023.

$17k
2022
$17k
2023
In today's dollarsEst.
Down 4% in real terms$19k to $19k

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.

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 INNOVATION FUND AMERICA INC

What are INNOVATION FUND AMERICA INC's revenue and expenses?

In 2023, INNOVATION FUND AMERICA INC reported $75k in total revenue and $822k in total expenses on its IRS Form 990.

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