Public Charity

INNOVATION WORKS INC

INNOVATION WORKS INC is a nonprofit organization categorized as Public Charity based in PITTSBURGH, PA. Its most recent IRS filing (2025) reports revenue of $14.6M, expenses of $18.5M, total assets of $45.6M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $310K.

EIN: 251588611 PITTSBURGH, PA Latest filing: 2025
Total Revenue$14.6M
Total Expenses$18.5M
Total Assets$45.6M
Grant Records2
Funding Total$310K
Filing Years2021–2025

Mission

SEE SCHEDULE OINNOVATION WORKS' MISSION IS TO INCREASE THE SUCCESS RATE OF THE REGION'S TECHNOLOGY AND TECHNOLOGY ADOPTING COMPANIES THROUGH DIRECT INVESTMENT, BUSINESS ASSISTANCE, AND INFRASTRUCTURE DEVELOPMENT. UNDERLYING IW'S MISSION IS THE BELIEF THAT INNOVATION IS A KEY ENGINE OF GROWTH FOR THE SOUTHWESTERN PENNSYLVANIA REGION. ACTIVITIES UNDERTAKEN BY INNOVATION WORKS IN PURSUIT OF THIS MISSION HAVE RESULTED IN SIGNIFICANT COMMUNITY DEVELOPMENT BENEFITS, INCLUDING CREATION OF JOBS, ATTRACTION OF INVESTMENT, AND INCREASED COMPETITIVE ADVANTAGE FOR COMPANIES LOCATED IN SOUTHWESTERN PENNSYLVANIA.

Officers & Directors

BOARD MEMBER Dr Steven Reis
DIRECTOR OF ACCELERATOR PROGRAMS Mr Aaron Tainter
BOARD MEMBER (AS OF 4/25) Mr Carl Daley
BOARD MEMBER (AS OF 10/24) Mr David Roger
PORTFOLIO EXECUTIVE Mr Jeffery Mcdaniel
BOARD MEMBER Mr Jimmy Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

INTERNATIONAL HEALTHCARE SAFETY COMPETITION AND INTERNATIONAL NETWORK
$160,000 1 grant
SCIENCE AND TECHNOLOGY RESEARCH INSTITUTES
$150,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $14.6M $18.5M $45.6M
2024 $13.2M $16.6M $45.8M
2023 $15.8M $15.9M $49.2M
2022 $24.1M $11.0M $49.0M
2021 $14.7M $10.2M $37.7M

Between 2021 and 2025, reported annual revenue held roughly steady at around $14.6M, with total assets most recently reported at $45.6M.

Interactive year-over-year charts and full filing details available with membership.

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