Innovate 120 Inc
- Assets
- $7.1k
- Revenue
- $59.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Maquoketa, IA
- Founding
- Data as of
- 12/2021
- EIN
- 85-4085470
Organization Overview
Innovate 120 Inc is located in Maquoketa, IA.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS ORGANIZED FOR CHARITABLE PURPOSE ESTABLISHING AND SUPPORTING ENTREPRENEURIAL PROGRAMS AND ENTREPRENEUR COACHING FOR STUDENTS AND RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Abbott President | 15 | $0 | |
Tim Cottle Individual Director Of Board | 5 | $0 | |
Nicolas Hockenberry Individual Director Of Board | 5 | $0 | |
Steven Kahler Secretary | 5 | $0 | |
Linc Kroeger Individual Director Of Board | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,155 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,155 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $17,622 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,365 |
| Total operating and administrative expenses | $52,012 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $52,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,143 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,143 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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