Public Charity

BOUNCE INNOVATION HUB

BOUNCE INNOVATION HUB, of AKRON, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.0M in revenue, $3.7M in expenses, $2.7M in total assets. 14 publicly reported grants to this organization, totaling roughly $572K, appear in IRS filings.

EIN: 823351373 AKRON, OH Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$4.0M
Total Expenses$3.7M
Total Assets$2.7M
Grant Records14
Funding Total$572K
Filing Years2019–2024

Mission

BOUNCE CATALYZES ENTREPRENEURSHIP AND INNOVATION BY PROVIDING CONNECTIONS, RESOURCES AND EXPERTISE TO BUILD A VIBRANT COMMUNITY FOR ALL. BOUNCE PROVIDES SERVICES AND TECHNICAL ASSISTANCE TO EARLY STAGE AND SMALL BUSINESSES.

Where $100 goes at Bounce Innovation Hub

How Bounce Innovation Hub divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$78 Programs the work itself
$15 Management running the organization
$7 Fundraising raising the next dollar

Inside the $78 for programs

$45
Entrepreneurial service provider (esp) program:bounce's esp program offers affordable office, lab, and light manufacturing space coupled with expert business counseling and advising, mentoring services, and networking opportunities
57% of program spending · Reported in the filing: 74 clients
$27
Place at bounce:Bounce Innovation Hub is a community-facing destination that includes public coworking space, private offices, reserved desks, conference rooms, event and classroom space, business incubation space including…
35% of program spending · Reported in the filing: 14,000 people; 28 members
$4
Other entrepreneurial programming & ecosystem work:in addition to the esp program, bounce provides a variety of other entpreneurial support programs including our beyond startup workshop series
6% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Sample Grants Received

2025
OPERATING SUPPORT, DOWNTOWN REVITALIZATION
$56,287
2024
OPERATING SUPPORT, DOWNTOWN REVITALIZATION
$85,000
2024
For grant recipient's exempt purposes
$50,000
2024
FOR GENERAL PROGRAM SUPPORT
$12,750
$100,000

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Billy Taylor
ASSISTANT SECRETARY Bradley Helfman
BOARD MEMBER Doug Weintraub
CHAIR Hans Dorfi
CFO Jennifer Kelsch
CEO Jessica Sublett

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$404,037 8 grants
Economic Development
$120,000 3 grants
Education
$32,500 2 grants
Unspecified
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.0M $3.7M $2.7M
2023 $4.1M $3.7M $2.3M
2022 $3.2M $3.5M $1.7M
2020 $3.0M $2.9M $2.0M
2019 $2.8M $2.4M $2.0M

Between 2019 and 2024, reported annual revenue grew from $2.8M to $4.0M (+44%), with total assets most recently reported at $2.7M.

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

See the full picture for BOUNCE INNOVATION HUB

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