Public Charity

NATIONAL ACADEMY OF INVENTORS INC

Based in TAMPA, FL, NATIONAL ACADEMY OF INVENTORS INC operates as a Public Charity. The organization reported $3.7M in revenue, $1.9M in expenses, $6.6M in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $39K.

EIN: 272310390 TAMPA, FL General Science NTEE: U20 Latest filing: 2024
Total Revenue$3.7M
Total Expenses$1.9M
Total Assets$6.6M
Grant Records2
Funding Total$39K
Filing Years2020–2024

Mission

THE ACADEMY OF INVENTORS IS 100% DEEVOTED TO INSTRUCTING INDIVIDUALS IN AN EFFORT TO IMPROVE SKILLS AS INVENTORS AND INSTRUCTING THE PUBLIC AS TO THE BENEFITS OF INNOVATION. THE SUBLECT MATTER OF THE EDUCATION ENCOMPASSES ESSENTIALLY THE ENTIRE FIELDS OF APPLIED SCIENCE WITH A FOCUS ON TRANSFORMATIVE TECHNOLOGY AND ACADEMIC INNOVATION.

Where $100 goes at National Academy of Inventors Inc

How National Academy of Inventors Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$57 Programs the work itself
$41 Management running the organization
$2 Fundraising raising the next dollar

Inside the $57 for programs

$19
Nai annual meeting the nai annual meeting is held each spring and features stimulating presentations and networling with renowned inventors from accross the us and around the world
34% of program spending
$19
Brick and mortar is is estimated to build a physical office building in an offsite location for the foundation
33% of program spending
$19
Grant for fees
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EX OFFICIO Anna M Leese De Escobar
DIRECTOR Cato T Laurencin Md Ph D
VICE PRESIDE Dr Howard J Federoff
DIRECTOR Dr Sudeep Sarkar
EX OFFICIO Elizabeth Dougherty
DIRECTOR Karen J L Burg

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$39,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.7M $1.9M $6.6M
2023 $2.4M $1.2M $4.8M
2022 $1.5M $1.1M $3.6M
2021 $1.6M $1.2M $3.3M
2020 $1.2M $464K $2.9M

Between 2020 and 2024, reported annual revenue grew from $1.2M to $3.7M (+208%), with total assets most recently reported at $6.6M.

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

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