Mission
INNOVATION FUND AMERICA IS A NONPROFIT PARTNERING WITH COMMUNITY COLLEGES TO ACCELERATE THE GROWTH OF TECHNOLOGY STARTUPS THROUGH EARLY-STAGE FUNDING AND EDUCATION.
Public Charity
INNOVATION FUND AMERICA INC
Based in ELYRIA, OH, INNOVATION FUND AMERICA INC operates as a Public Charity. The organization reported $75K in revenue, $822K in expenses, $2K in total assets for fiscal year 2024. Imperigo tracks 74 reported grants from this foundation totaling approximately $4.4M.
EIN: 461761848
ELYRIA, OH
Latest filing: 2024
Total Revenue$75K
Total Expenses$822K
Total Assets$2K
Grants Given74
Grant Total$4.4M
Filing Years2020–2024
Sample Grants Given
TRUE CONCEPTS MEDICAL TECHNOLOGIES LLC
START-UP FUNDING
$150,000
MIC MONITOR LLC DBA CORROLYTICS
START-UP FUNDING
$150,000
NOTUS LABS INC
START-UP FUNDING
$150,000
PRIMA MEDICAL INC
START-UP FUNDING
$150,000
LIGHT-HANDED ENTERPRISES LLC
START-UP FUNDING
$50,000
Showing up to 5 of 74 total records — full history available with membership.
Officers & Directors
DIRECTOR
Dennis Cocco
VICE PRESIDENT
Dr Marcia J Ballinger
PRESIDENT & CHAIR
Dr Roy A Church
DIRECTOR
Jim Walborn
DIRECTOR
Jon Volpe
TREASURER
Joseph Martin
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $75K | $822K | $2K |
| 2023 | $25K | $1.8M | $52K |
| 2022 | $25K | $438K | $210K |
| 2021 | — | $912K | $7K |
| 2020 | — | $1.1M | $237K |
Between 2022 and 2024, reported annual revenue grew from $25K to $75K (+200%), with total assets most recently reported at $2K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in OH, WY.
OHWY
Full geographic grant map with state-by-state breakdown available with membership.