Intentional Innovation Foundation Inc
- Assets
- $141.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 10/2015
- Data as of
- 06/2022
- EIN
- 47-3498729
Organization Overview
Intentional Innovation Foundation Inc is located in Newport News, VA. The organization was established in 2015. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intentional Innovation Foundation Inc 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 06/2022, Intentional Innovation Foundation Inc generated $98.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $46.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Ferrante Director | 2 | $0 | |
Nathaniel A Laverdure President Treasurer | 10 | $0 | |
Eric Walker Director | 2 | $0 | |
Michael Dreher Byrd Director | 2 | $0 | |
Kyle Johnson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,099 |
| Total Program Service Revenue | $4,166 |
| Membership dues | $0 |
| Investment income | $311 |
| Gain or Loss | $257 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $113 |
| Total Revenue | $98,946 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,872 |
| Printing, publications, postage, and shipping | $11 |
| Other expenses | $35,940 |
| Total expenses | $46,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,342 |
| Other assets | $0 |
| Total assets | $141,342 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,342 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Intentional Innovation Foundation Inc has recieved totaling $44,729.
| Awarding Organization | Amount |
|---|---|
For Inspiration And Recognition Of Science And Technology First Manchester, NH PURPOSE: Program Support | $44,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Health Information Richmond, VA | $10,541,245 | $9,704,861 |
Ash Registry Inc Washington, DC | $2,547,175 | $1,111,574 |
Patuxent Partnership Inc Lexington Park, MD | $2,842,060 | $6,374,195 |
Kentucky Science And Technology Corporation Lexington, KY | $21,953,282 | $6,206,221 |
Deltares Usa Inc Silver Spring, MD | $2,728,282 | $4,807,660 |
If Foundation Washington, DC | $30,380,143 | $2,916,137 |
Virginia Biosciences Health Research Corporation Richmond, VA | $18,803,065 | $7,801,213 |
Institute For The Advancement Of Food And Nutrition Sciences Washington, DC | $7,160,347 | $2,744,380 |
Data Catalyst Institute Washington, DC | $0 | $1,410,054 |
Building Change Inc Richmond, VA | $163,183 | $1,312,788 |
Low Impact Development Center Inc Beltsville, MD | $671,271 | $1,331,714 |
Laboratory Products Association White Post, VA | $1,807,219 | $1,215,035 |