Mission
TO OPERATE TWO PUBLIC CHARTER SCHOOLS IN HILLSBOROUGH COUNTY, FLORIDA.
Public Charity
PATEL INSTITUTE FOR INNOVATION INC
PATEL INSTITUTE FOR INNOVATION INC is a nonprofit organization categorized as Public Charity based in TAMPA, FL. Its most recent IRS filing (2025) reports revenue of $13.0M, expenses of $11.1M, total assets of $23.8M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $6K.
EIN: 831540460
TAMPA, FL
Charter Schools
NTEE: B29
Latest filing: 2025
Total Revenue$13.0M
Total Expenses$11.1M
Total Assets$23.8M
Grant Records1
Funding Total$6K
Filing Years2021–2025
Where $100 goes at Patel Institute for Innovation Inc
How Patel Institute for Innovation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$97
To operate two public charter schools in hillsborough county, florida
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$5,769
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
PRINCIPAL
Ashley Galfond
VICE PRESIDENT
Carol Milton
TREASURER
Jenny Zheng
CHAIRMAN
Jim Ake
MEMBER
Kavita Jain
PRINCIPAL
Lauren Carnell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $13.0M | $11.1M | $23.8M |
| 2024 | $11.2M | $10.2M | $22.0M |
| 2023 | $10.3M | $9.1M | $21.8M |
| 2022 | $6.9M | $5.3M | $13.4M |
| 2021 | $4.0M | $3.2M | $1.3M |
Between 2021 and 2025, reported annual revenue grew from $4.0M to $13.0M (+226%), with total assets most recently reported at $23.8M.
Interactive year-over-year charts and full filing details available with membership.