Innovators Network Foundation
- Assets
- $833.0k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-1413020
Organization Overview
Innovators Network Foundation, operating under the name Innovators Network, is located in Washington, DC. The organization was established in 2010. According to its NTEE Classification (P05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Human Services and related organizations. As of 12/2022, Innovators Network employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovators Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Innovators Network generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CREATION AND ADVANCEMENT OF HIGHGROWTH INNOVATIVE TECHNOLOGY AND RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVACY FELLOWSHIP - INF PRIVACY FELLOWS CONTINUED TO SHAPE THE POLICY DEBATE ON AN IMPRESSIVE RANGE OF ISSUES WITHIN THE PRIVACY WORLD, SPANNING A WIDE ARRAY OF FORMATS. THE FELLOWS WROTE BLOGS, ARTICLES, AND OP-EDS, APPEARED ON PANELS, PODCASTS, AND AS TALKING HEADS ON DOCUMENTARY FILMS, AND WERE QUOTED IN FORM LARGE AND SMALL. EVEN AS CONGRESS CONTINUED TO STRUGGLE TO ADVANCE COMPREHENSIVE PRIVACY LEGISLATION, THE FELLOWS WORKED INCREDIBLY HARD TO DISPLAY THEIR THOUGHT-LEADERSHIP ON A DIVERSE SET OF ISSUES SPANNING STATE, FEDERAL, AND INTERNATIONAL LEVELS, INCLUDING: PRIVACY LABELING,PRIVACY SECURITY HYGIENE,IMPLICATIONS OF STATE PRIVACY LAWS,FACIAL RECOG, ALGORITHMIC DECISION-MAKING, DEEPFAKES, JUST TO NAME A FEW.
FRAND/IP - COPYRIGHT PARTNERS - INF NTELLECTUAL PROPERTY FELLOWS CONT TOSHAPE POLICY DEBATE ON SEP LAW AND POLICY AROUND THE GLOBE VIA WRITTEN PIECES AND SPEAKING ENGAGEMENTS. FELLOWS WROTE BLOGS, ARTICLES AND PAPERS, APPEARED ON PANELS AT WELL-REGARDED IP EVENTS AND WERE QUOTED IN KEY PUBLICATIONS. INF ALSO PLAYED A PIVOTAL ROLE IN SUPPORTING THE SMALL BUSINESS COMMUNITY THROUGH ITS ADVOCACY IN CONGRESS, FEDERAL AGENCIES, AND INTERNATIONALLY ON KEY COPYRIGHT ISSUES. INF MAXAMIZED OPPORTUNITIES TO SUPPORT STRONG COPYRIGHT PROTECTIONS THROUGH TARGETED MEETINGS WITH LAWMAKERS AND STAFF, FILINGS WITH AGENCIES IN THE UNITED STATES, EUROPEAN UNION (EU), AND CANADA.
COMPETITION/ANTI-TRUST - SUPPORTS AND GARNERS THE ACADEMIC SCHOLARSHIP OF ITS EXPERT FELLOWS (I.E., LAW PROFESSORS, ECONOMISTS, AND INDUSTRY LEADERS) WHO POSITIVELY ADVANCE THE PUBLIC DEBATE OF ANTITRUST/ COMPETITION POLICY IN THE DIGITAL MARKET. POLICYMAKERS AT ALL LEVELS ACROSS THE GLOBE ARE FOCUSED ON HOW COMPETITION POLICY INTERACTS WITH OR SHOULD INTERACT WITH MODERN DIGITAL MARKETS, CHARACTERIZED BY THE ENTRY OF LARGE PLATFORM MARKETPLACES OF DIGITAL GOODS AND SERVICES. OUR FELLOWS WORK TO DUCATE POLICYMAKERS AND LEGISLATORS GRAPPLING WITH THE WIDE RANGE OF SOMETIMES CONFLICTING POLICY OBJECTIVES AND CONCERNS SURROUNDING THE CURATION OF A HEALTHY COMPETITIVE ONLINE MARKETPLACE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Zuck Director Of Future Wor | OfficerTrustee | 50 | $24,000 |
Morgan Reed President | OfficerTrustee | 5 | $0 |
Rene Adam CFO | OfficerTrustee | 5 | $0 |
Chelsea Thomas Executive Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $118,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,000 |
| Total Program Service Revenue | $2,213,125 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,331,125 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,552 |
| Pension plan accruals and contributions | $5,575 |
| Other employee benefits | $55,411 |
| Payroll taxes | $13,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,124,429 |
| Advertising and promotion | $0 |
| Office expenses | $104,009 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $293 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,588 |
| All other expenses | $0 |
| Total functional expenses | $1,530,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $833,028 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $833,028 |
| Accounts payable and accrued expenses | $3,013 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,041 |
| Total liabilities | $4,054 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $800,375 |
| Total liabilities and net assets/fund balances | $833,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Focus On Children Washington, DC | $4,916,294 | $1,931,886 |
Innovators Network Foundation Washington, DC | $833,028 | $2,331,125 |
The Moroccan-American Center For Policy Washington, DC | $0 | $275,785 |
Center For Global Policy Solutions Baltimore, MD | $1,440 | $403,992 |
Institute Of Turkish Studies Georgetown University Washington, DC | $0 | $65,066 |
Arab American Institute Washington, DC | $110,184 | $359,534 |
Giveland Foundation Washington, DC | $0 | $0 |
Joint Baltic American National Committee Rockville, MD | $71,204 | $0 |
Andean Information Network Washington, DC | $13,050 | $0 |
Anniversaries Inc Washington, DC | $24,576 | $70,000 |
Stateswork Inc Washington, DC | $116,851 | $0 |
American Foundation For Research & Consumer Educ In Socl Work Reg Inc Culpeper, VA | $241,186 | $0 |
Polity Washington, DC | $3,748 | $0 |