OCTANE FOUNDATION FOR INNOVATION, of NEWPORT BEACH, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $910K in revenue, $964K in expenses, $1.0M in total assets. 12 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.
OCTANE FOUNDATION FOR INNOVATION (OFI) IS TARGETED TO ADVANCE EQUITY, DIVERSITY, AND INCLUSIVENESS ACROSS ALL INDUSTRY SECTORS WITH THE MISSION OF GROWING & STRENGTHENING THE SOUTHERN CALIFORNIA INNOVATION ECOSYSTEM BY CREATING JOBS, SCALING STARTUPS, AND DEVELOPING BUSINESSES. OFI ENHANCES THE ECONOMIC VITALITY OF THE REGION, CONTRIBUTING TO A SUSTAINABLE ECOSYSTEM AND AUGMENTING THE LIVE/WORK EXPERIENCE IN ORANGE COUNTY, CA.
How Octane Foundation for Innovation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Showing up to 5 of 12 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $910K | $964K | $1.0M |
| 2023 | $1.1M | $1.4M | $1.9M |
| 2022 | $1.1M | $1.3M | $1.3M |
| 2020 | $678K | $732K | $1.1M |
| 2019 | $664K | $901K | $1.3M |
Between 2019 and 2024, reported annual revenue grew from $664K to $910K (+37%), with total assets most recently reported at $1.0M.
Interactive year-over-year charts and full filing details available with membership.
