INNOVATION PORTAL INC is a nonprofit organization categorized as Public Charity based in MOBILE, AL. Its most recent IRS filing (2024) reports revenue of $1.7M, expenses of $1.4M, total assets of $8.8M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $485K.
INNOVATION PORTAL IS A NON-PROFIT INCUBATOR AND INNOVATION HUB ACCELERATING STARTUP GROWTH IN THE GULF COAST REGION THAT PROVIDES TARGETED ECONOMIC DEVELOPMENT RESEARCH AND PROGRAMMING TO ENCOURAGE SUCCESSFUL LAUNCH, DEVELOPMENT, AND SCALING OF LOCAL VENTURES THAT BENEFIT THE COMMUNITY. INNOVATION PORTAL IS RECOGNIZED AS A QUALIFIED LOCAL ECONOMIC DEVELOPMENT ORGANIZATION AS DEFINED BY THE INNOVATING ALABAMA ACT, SECTION 41-10-840, ET SEQ., CODE OF ALABAMA.
Showing up to 5 of 1 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.7M | $1.4M | $8.8M |
| 2023 | $7.7M | $657K | $7.1M |
Between 2023 and 2024, reported annual revenue declined from $7.7M to $1.7M (-78%), with total assets most recently reported at $8.8M.
Interactive year-over-year charts and full filing details available with membership.
