Innovation Fund America Inc
INNOVATION FUND AMERICA IS A NONPROFIT PARTNERING WITH COMMUNITY COLLEGES TO ACCELERATE THE GROWTH OF TECHNOLOGY STARTUPS THROUGH EARLY-STAGE FUNDING AND EDUCATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
-96.3% YoY
Annual Giving
$750K
-57.0% YoY
Grant Count
7
-63.2% YoY
Avg Grant Size
$107K
+16.7% YoY
About Innovation Fund America Inc
Based on IRS filings
Innovation Fund America Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in ELYRIA, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 7 grants totaling $750K. Net investment income was $50K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,921 | $51,629 | $210,364 |
| Revenue | $75,113 | $25,000 | $25,000 |
| Expenses | $822,179 | $1,847,538 | $438,061 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $50,113 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Open Grants
2 open opportunities from Innovation Fund America Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR ROY A CHURCH | PRESIDENT & CHAIR | 0.3 | — |
| DR MARCIA J BALLINGER | VICE PRESIDENT | 0.3 | — |
| DENNIS COCCO | DIRECTOR | 0.3 | — |
| TRACY GREEN | DIRECTOR | 0.3 | — |
| JULIE STRAZZO | SECRETARY | 0.3 | — |
| JOSEPH MARTIN | TREASURER | 5 | $17,000 |
| JON VOLPE | DIRECTOR | 0.3 | — |
| JIM WALBORN | DIRECTOR | 0.3 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Innovation Fund America Inc on Grantable?
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