Sprocket Inc
We serve as a pilot to help develop educational programs for the Paducah Innovations Hub as well as Entreprenuerial Innovations in the region.
Sprocket Inc at a glance
In short: Sprocket Inc reported $67K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $67,217 — reported as a total on the IRS filing, without an itemized list
- -32.8% vs 2024
- Total assets
- $2,873,721
- -0.6% vs 2024
- Revenue (2025)
- $969,651
- -6.7% vs 2024
- Net investment income (2025)
- $5,642
- Expenses (2025)
- $789,420
- +4.1% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Sprocket Inc
Open Grants
3 open opportunities from Sprocket Inc
GroWest Coalition - KY Innovation Funding
Sprocket Inc
Amount
$322,000
Deadline
Deadline not published
Next50K Startup Competition
Sprocket Inc
Amount
Varies
Deadline
Deadline not published
West Kentucky Innovation Challenge
Sprocket Inc
Amount
Varies
Deadline
Deadline not published
Who Sprocket Inc funds
How this funder distributes its grants
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 10 grants of 13 (77%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $67K (2025) to $250K (2023). In 2025 it reported $67K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Madison - Hopkinsville Economic Development Corp Madisonville, KY | Business Development | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,873,721 | $969,651 | $789,420 | $67,217 | Total only | $5,642 |
| 2024 | $2,891,537 | $1,039,442 | $758,470 | $100,000 | 1 | — |
| 2023 | $2,740,633 | $1,029,539 | $889,450 | $249,708 | 8 | — |
| 2022 | $1,447,101 | $978,676 | $1,027,638 | $224,521 | 4 | — |
| 2021 | $492,688 | $856,680 | $554,963 | — | — | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Sprocket Inc
Based on IRS filings
Sprocket Inc is a public charity focused on Education, based in Paducah, KY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.9M in total assets. In 2025, it reported $67K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $6K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Sprocket Inc is led by Monica Bilak, Executive Director on every filing since 2021; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
Monica Bilak
Executive Director
On filings since 2021
40 hrs/week
$85K (2021) → $111K (2025)
Inez Hutchins
Board Chair
Director → Board Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Jared Riley
Vice Chair
New on the 2025 filing
1 hr/week
No compensation reported
Terri Lundberg
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Terry Bradley
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (6)
- Former: Brandon Hall (2021–2024) — Director
- Former: John Truitt (2021–2024) — President
- Former: Julie Tennyson (2021–2024) — Vice President
- Former: Patrick Brumley (2021–2024) — Secretary
- Former: Michale Ramage (2022–2024) — Treasurer
- Former: Michael Ramage (2021) — Treasurer
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $111K, to Monica Bilak (Executive Director).
Frequently asked questions about Sprocket Inc
How much does Sprocket Inc give each year?
Sprocket Inc reported $67K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $100K across 1 grant.
How large is Sprocket Inc?
Sprocket Inc reported $2.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $970K.
What is Sprocket Inc?
Sprocket Inc is a public charity focused on Education, based in Paducah, KY. It holds $2.9M in total assets as of 2025.
Where does Sprocket Inc operate?
Sprocket Inc has awarded grants in Kentucky, Missouri.
What is Sprocket Inc's EIN?
Sprocket Inc's EIN (Employer Identification Number) is 82-2967525. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2025 (received by the IRS March 4, 2026)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2023)
Live grants for the work Sprocket Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Sprocket Inc's focus areas in our free grants database
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Sprocket Inc down — hundreds of funders to go?