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INNOVATION FUND FOUNDATION INC

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Public IRS 990 nonprofit record

INNOVATION FUND FOUNDATION INC

EIN 47-1881242 · Research Institutes & Public Policy Analysis (B05)

What they do

The Innovation Fund Foundation, Inc. Supports The Work of The Governors Office of Student Achievement In Planning, Implementing or Scaling Innovative Education Programs. The Governors Office of Student Achievement Oversees and Administers The Innovation Fund, Which Invests In Innovative Projects Focused On The Governors Educatonal Priority Areas. The Innovation Fund Foundation, Inc. Will Support The Innovation Funds Work As Well As The Governors Honor Program GHP, A Statewide Residential Summer Program for Gifted and Talented High School Students.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$1.51spent for every $100 of revenueRevenue covered expenses this year.
1.51%of revenue went to management and office costs100.0% of expenses
31.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$391,026
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$5,8901.51% of revenue100.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$385,13698.49% of revenueShown in gray on the chart
Total expenses$5,8901.51% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2021CurrentExpense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 1.51% of revenue
2020Expense mix: 96.7% mission · 3.3% management · 0.0% fundraisingTotal expenses: 484.68% of revenue
2019Expense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 5,183.19% of revenue
2018Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 13.12% of revenue
2017Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 0.23% of revenue

Money in and money out

Revenue$391,026
Expenses$5,890
Annual surplus $385,136 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$5,890 · 100.0% of expenses
See all reported dollar amounts
Revenue$391,026
Expenses$5,890
Income$64,902
Contributions$124,572
Grants given$1,929,856
Average grant$192,986
Management and general$5,890
Accounting fees$5,680
People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (8)

ED CHANGDIRECTOR

JACK PARISHDIRECTOR

JASON ANAVITARTEDIRECTOR

JODIE SNOWTREASURER

JOY HAWKINSSECRETARY

MIKE DUDGEONCHAIRMAN

PAULA WEEKSDIRECTOR

REP VALENCIA STOVALLDIRECTOR

About this charity

Location
205 Jesse Hill Jr Drive 952, Atlanta, GA 30334
County
Fulton
In care of
Joy Hawkins
Primary officer
Joy Hawkins, Secretary

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
July 1, 2021
Return type
990
Tax preparer
QBIX ACCOUNTING SOLUTIONS LLC
NTEE classification
Research Institutes & Public Policy Analysis (B05)
IRS tax category
Research Institutes & Public Policy Analysis
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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