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Employer Identification Number 47-1881242

INNOVATION FUND FOUNDATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:INNOVATION FUND FOUNDATION
Employer identification number (EIN):47-1881242
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementThe Innovation Fund Foundation, Inc. supports the work of the Govenor's Office of Student Achievement in planning, implementing or scaling innovative education programs. The Govenor's Office of Student Achievement oversees and administers the Innovation Fund, which invests in innovative projects focused on the Govenor's educatonal priority areas. The Innovation Fund Foundation, Inc. will support the Innovation Fund's work as well as the Govenor's Honor Program GHP, a statewide residential summer program for gifted and talented high school students.
Number of Employees0
Number of Volunteers11
Year Formed2013

Organization Governance

Legal DomicileGA
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 131
Investment Income from current yearUSD $ 32
Other Revenue from current yearUSD $ 266,422
Gross receipts from all sourcesUSD $ 391,026
Net assets / fund balances at end of fiscal yearUSD $ 0
Net assets / fund balances at beginning of fiscal yearUSD $ 321,203
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 493,634
Total assets at end of fiscal yearUSD $ 0
Total assets at beginning of fiscal yearUSD $ 814,837
Revenues less expenses for current yearUSD $ 385,136
Revenues less expenses for previous yearUSD $ -249,667
Total expenses for current yearUSD $ 5,890
Total expenses for previous yearUSD $ 314,569
Other expenses in current yearUSD $ 5,890
Other expenses in previous yearUSD $ 10,285
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 304,284
Total revenue in current fiscal yearUSD $ 391,026
Total revenue in previous fiscal yearUSD $ 64,902
Contributions and grants from current yearUSD $ 124,572
Contributions and grants from previous yearUSD $ 64,771
Total of other revenueUSD $ 266,422
2021-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,246
Investment Income from current yearUSD $ 131
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 64,902
Net assets / fund balances at end of fiscal yearUSD $ 321,203
Net assets / fund balances at beginning of fiscal yearUSD $ 570,870
Total liabilities at end of fiscal yearUSD $ 493,634
Total liabilities at beginning of fiscal yearUSD $ 715,581
Total assets at end of fiscal yearUSD $ 814,837
Total assets at beginning of fiscal yearUSD $ 1,286,451
Revenues less expenses for current yearUSD $ -249,667
Revenues less expenses for previous yearUSD $ -1,549,205
Total expenses for current yearUSD $ 314,569
Total expenses for previous yearUSD $ 1,579,682
Other expenses in current yearUSD $ 10,285
Other expenses in previous yearUSD $ 30,551
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 304,284
Grants and similar amounts paid in previous yearUSD $ 1,549,131
Total revenue in current fiscal yearUSD $ 64,902
Total revenue in previous fiscal yearUSD $ 30,477
Contributions and grants from current yearUSD $ 64,771
Contributions and grants from previous yearUSD $ 29,231
Total of other revenueUSD $ 0
2020-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,349
Investment Income from current yearUSD $ 1,246
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 30,477
Net assets / fund balances at end of fiscal yearUSD $ 570,870
Net assets / fund balances at beginning of fiscal yearUSD $ 2,120,075
Total liabilities at end of fiscal yearUSD $ 715,581
Total liabilities at beginning of fiscal yearUSD $ 1,391
Total assets at end of fiscal yearUSD $ 1,286,451
Total assets at beginning of fiscal yearUSD $ 2,121,466
Revenues less expenses for current yearUSD $ -1,549,205
Revenues less expenses for previous yearUSD $ 568,425
Total expenses for current yearUSD $ 1,579,682
Total expenses for previous yearUSD $ 85,838
Other expenses in current yearUSD $ 30,551
Other expenses in previous yearUSD $ 9,397
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,549,131
Grants and similar amounts paid in previous yearUSD $ 76,441
Total revenue in current fiscal yearUSD $ 30,477
Total revenue in previous fiscal yearUSD $ 654,263
Contributions and grants from current yearUSD $ 29,231
Contributions and grants from previous yearUSD $ 652,914
Total of other revenueUSD $ 0
2019-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,008
Investment Income from current yearUSD $ 1,349
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 654,263
Net assets / fund balances at end of fiscal yearUSD $ 2,120,075
Net assets / fund balances at beginning of fiscal yearUSD $ 1,551,650
Total liabilities at end of fiscal yearUSD $ 1,391
Total liabilities at beginning of fiscal yearUSD $ 3,000
Total assets at end of fiscal yearUSD $ 2,121,466
Total assets at beginning of fiscal yearUSD $ 1,554,650
Revenues less expenses for current yearUSD $ 568,425
Revenues less expenses for previous yearUSD $ 1,505,289
Total expenses for current yearUSD $ 85,838
Total expenses for previous yearUSD $ 3,519
Other expenses in current yearUSD $ 9,397
Other expenses in previous yearUSD $ 3,519
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 76,441
Total revenue in current fiscal yearUSD $ 654,263
Total revenue in previous fiscal yearUSD $ 1,508,808
Contributions and grants from current yearUSD $ 652,914
Contributions and grants from previous yearUSD $ 1,507,800
Total of other revenueUSD $ 0
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 1,008
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,508,808
Net assets / fund balances at end of fiscal yearUSD $ 1,551,650
Net assets / fund balances at beginning of fiscal yearUSD $ 46,361
Total liabilities at end of fiscal yearUSD $ 3,000
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 1,554,650
Total assets at beginning of fiscal yearUSD $ 46,361
Revenues less expenses for current yearUSD $ 1,505,289
Revenues less expenses for previous yearUSD $ -689
Total expenses for current yearUSD $ 3,519
Total expenses for previous yearUSD $ 689
Other expenses in current yearUSD $ 3,519
Other expenses in previous yearUSD $ 689
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,508,808
Total revenue in previous fiscal yearUSD $ 0
Contributions and grants from current yearUSD $ 1,507,800
Contributions and grants from previous yearUSD $ 0

Other Company Names associated with EIN

Innovation Fund Foundation Inc

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 471881242

USA Mailing Address
205 Jesse Hill Drive SE
Atlanta
GA
30334
Date first seen: 2008-09-01
Date last seen: 2025-06-30

EIN Events

Event Date Event description
2017-06-30Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2016

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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