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 $50K in revenue, $1.8M in expenses, $68K in total assets for fiscal year 2025. Imperigo tracks 90 reported grants from this foundation totaling approximately $6.1M.
EIN: 461761848
ELYRIA, OH
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$50K
Total Expenses$1.8M
Total Assets$68K
Grants Given90
Grant Total$6.1M
Filing Years2021–2025
Sample Grants Given
MIC MONITOR LLC -DBA CORROLYTICS
START-UP FUNDING
$150,000
SYMPHONY ROBOTICS
START-UP FUNDING
$150,000
BOWERBAGS LLC
START-UP FUNDING
$150,000
BAILOUT SYSTEMS INC
START-UP FUNDING
$150,000
NEOINDICATE LLC
START-UP FUNDING
$150,000
Showing up to 5 of 90 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 |
|---|---|---|---|
| 2025 | $50K | $1.8M | $68K |
| 2024 | $75K | $822K | $2K |
| 2023 | $25K | $1.8M | $52K |
| 2022 | $25K | $438K | $210K |
| 2021 | — | $912K | $7K |
Between 2022 and 2025, reported annual revenue grew from $25K to $50K (+100%), with total assets most recently reported at $68K.
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.