Innovation Works Inc
THE CORPORATION WILL DEVELOP SUSTAINABLE NEIGHBORHOOD ECONOMIES IN DEPRESSED AREAS BY: IGNITING INTEREST IN SUSTAINABLE SOCIAL ENTERPRISE, HELPING INDIVIDUALS TRANSFORM CHALLENGES INTO OPPORTUNITIES, CREATING SUSTAINABLE SOCIAL ENTERPRISES, GROWING FAMILY WAGE JOBS, AND SCALING LOCAL SOLUTIONS TO NATIONAL MARKETS. TRAINING AND DEVELOPING ENTREPRENEURS WILL BE A TOP PRIORITY THROUGH PROGRAMMING AND EDUCATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+0.6% YoY
Revenue
$1.4M
+1.1% YoY
Net Investment Income
$3K
-63.3% YoY
Expenses
$1.4M
+11.4% YoY
About Innovation Works Inc
Based on IRS filings
Innovation Works Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,342,855 | $1,335,001 | $1,246,839 |
| Revenue | $1,432,816 | $1,417,211 | $1,241,077 |
| Expenses | $1,425,938 | $1,280,042 | $965,386 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,232 | $8,797 | $357 |
| 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 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
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 |
|---|---|---|---|
| A JAY NWACHU | CEO | 40 | $144,502 |
| DAN RIZZO | PRESIDENT | 4 | — |
| DR FRANK LANCE | DIRECTOR | 4 | — |
| FRANCIS KNOTT | DIRECTOR | 14 | — |
| JIM PETERSON JR | DIRECTOR | 4 | — |
| NATASHA M DARTIGUE | DIRECTOR | 4 | — |
| NKENGE YASIN | DIRECTOR | 4 | — |
| PAMELA ROUSSOS | DIRECTOR | 4 | — |
| REV GREGORY CHISHOLM SJ | DIRECTOR | 4 | — |
| RUSSELL JOYNER | DIRECTOR | 4 | — |
| SABRINA DEPESTRE | DIRECTOR | 4 | — |
| STEPHEN ABRAMS | DIRECTOR | 4 | — |
| TERRENCE M SAWYER | DIRECTOR | 4 | — |
| TINA RODRIGUEZ | VICE - PRESIDENT | 4 | — |
| NICK NAPOLITANO | TREASURER | 4 | — |
| JOHN BUSSE | DIRECTOR | 4 | — |
| ANTHONY WATTERS JR | DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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