Intentional Innovation Foundation Inc
- Assets
- $229.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 10/2015
- Data as of
- 06/2024
- EIN
- 47-3498729
Organization Overview
Intentional Innovation Foundation Inc is located in Newport News, VA. The organization was established in 2015. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intentional Innovation Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Intentional Innovation Foundation Inc generated $152.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $116.1k during the year ending 06/2024. While expenses have increased by 19.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel A Laverdure President | 6 | $0 | |
Todd Ferrante Director | 6 | $0 | |
Kyle Johnson Director | 6 | $0 | |
Runbo Guo Director | 6 | $0 | |
Eric Walker Secretary | 6 | $0 | |
Martha Ann Claire Mayo Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,204 |
| Total Program Service Revenue | $31,482 |
| Membership dues | $0 |
| Investment income | $6,761 |
| Gain or Loss | $3,567 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $105 |
| Total Revenue | $152,119 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,649 |
| Printing, publications, postage, and shipping | $1,674 |
| Other expenses | $102,730 |
| Total expenses | $116,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,473 |
| Other assets | $0 |
| Total assets | $229,473 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,473 |