Dallas Innovation Alliance
- Assets
- $211.6k
- Revenue
- $379.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 81-5161144
Organization Overview
Dallas Innovation Alliance is located in Dallas, TX. The organization was established in 2018. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Innovation Alliance 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 12/2021, Dallas Innovation Alliance generated $379.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $314.6k during the year ending 12/2021. While expenses have increased by 5.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE DALLAS INNOVATION ALLIANCE DIA IS A 501C3 PUBLIC-PRIVATE CONSORTIUM OF PUBLIC PRIVATE CIVIC AND ACADEMIA TO SUPPORT SMART CITY INITIATIVES IN DALLAS. OUR DEFINITION OF A SMART CITY IS ONE AT THE INTERSECTION OF COMMUNITY DATA AND TECHNOLOGY TO IMPROVE QUALITY OF LIFE FACILITATE INCLUSIVE ECONOMIC GROWTH AND ACCESS TO OPPORTUNITY AND INCREASE RESOURCE EFFICIENCIES. NAMELY HOW DO WE COME TOGETHER TO FIND NEW WAYS TO SOLVE PRESSING CHALLENGES? OUR MOST SIGNIFICANT ACTIVITIES ARE FOCUSED ON CLOSING THE DIGITAL DIVIDE THROUGH A NUMBER OF PROGRAMS TO FILL THE HOMEWORK GAP STEAM PROGRAMMING SUPPORT RESIDENTS APPLYING FOR THE AFFORDABLE CONNECTIVITY PROGRAM ACCESS DEVICES AND LEARNING DIGITAL SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UTILIZED A CONVERTED SCHOOL BUS INTO A WI-FI HOTSPOT AND CLASSROOM TO PROVIDE BOTH K-12 AFTER SCHOOL PROGRAMMING AND SUPPORT AS WELL AS ADULT DIGITAL SKILLS TRAINING
UTILIZED A CONVERTED SCHOOL BUS INTO A WI-FI HOTSPOT AND CLASSROOM TO PROVIDE BOTH K-12 AFTER SCHOOL PROGRAMMING AND SUPPORT AS WELL AS ADULT DIGITAL SKILLS TRAINING
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 |
|---|---|---|---|
Lloyd Shelton Bowles Managing Director | Officer | 20 | $15,005 |
Jennifer Sanders Executive Director | Officer | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,750 |
| Government grants | $147,494 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $381,312 |
| Total Program Service Revenue | $0 |
| 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 | -$1,564 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $379,748 |
| 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. | $183,800 |
| Compensation of current officers, directors, key employees. | $128,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $26,171 |
| 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 | $58,431 |
| Advertising and promotion | $3,840 |
| Office expenses | $13,202 |
| Information technology | $11,294 |
| Royalties | $0 |
| Occupancy | $683 |
| Travel | $6,180 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,732 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,300 |
| All other expenses | $0 |
| Total functional expenses | $314,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $211,649 |
| 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 | $211,649 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $211,649 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $211,649 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dallas Innovation Alliance has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
Santander Consumer Usa Inc Foundation Dallas, TX PURPOSE: SUPPORT FOR CONNECTIVITY | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shackelford County Community Resource Center Albany, TX | $11,853,195 | $12,344,283 |
La Salle Community Action Association Inc Harrisonburg, LA | $1,891,587 | $9,621,050 |
Bridgeland Council Inc Katy, TX | $7,051,628 | $7,069,356 |
The Storehouse Of Collin County Plano, TX | $1,859,644 | $8,320,064 |
Texas Rural Water Association Austin, TX | $6,862,352 | $6,774,519 |
Oklahoma Rural Water Association Inc Oklahoma City, OK | $5,870,301 | $4,941,882 |
Louisiana Rural Water Association Inc Kinder, LA | $1,953,034 | $3,261,725 |
Empower Texans Foundation Leander, TX | $640,857 | $3,084,830 |
Plymouth Village Trust Beaumont, TX | $846,212 | $1,745,099 |
River Plantation Community Improve Ment Association Conroe, TX | $1,039,648 | $1,543,106 |
Gprmc Holdings Inc Elk City, OK | $33,828,668 | $1,397,897 |
New Mexico Rural Water Users Association Inc Albuquerque, NM | $335,771 | $1,336,004 |