Totals
- Total revenue
- $777,902
- Total expenses
- $803,431
- Contributions and grants received
- $774,602
- Grants paid
- $74,176
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $3,300
- Total assets, end of year
- $339,956
- Total liabilities, end of year
- $3,847
- Net assets or fund balances, end of year
- $336,109
- Program services expenses (Part IX)
- $703,408
- Management and general expenses
- $73,304
- Fundraising expenses
- $26,719
- Program service expenses (Part III)
- $703,408
Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$774,602
-
6a · Gross rents
real property $3,300
-
6c · Rental income or loss
real property $3,300
-
6d · Net rental income or loss
total $3,300 · related or exempt $3,300
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $74,176 · program services $74,176
-
5 · Compensation of officers, directors and key employees
total $48,002 · program services $4,800 · management and general $24,001 · fundraising $19,201
-
7 · Other salaries and wages
total $115,868 · program services $101,074 · management and general $9,246 · fundraising $5,548
-
9 · Other employee benefits
total $15,589 · management and general $15,589
-
10 · Payroll taxes
total $13,043 · program services $8,427 · management and general $2,646 · fundraising $1,970
-
11b · Fees: legal
total $1,196 · management and general $1,196
-
11c · Fees: accounting
total $6,116 · management and general $6,116
-
11g · Fees: other
total $92,900 · program services $92,900
-
12 · Advertising and promotion
total $350,858 · program services $350,858
-
13 · Office expenses
total $12,477 · program services $8,269 · management and general $4,208
-
16 · Occupancy
total $7,656 · management and general $7,656
-
17 · Travel
total $3,005 · program services $3,005
-
19 · Conferences, conventions and meetings
total $1,873 · program services $1,873
-
22 · Depreciation, depletion and amortization
total $783 · management and general $783
-
23 · Insurance
total $890 · management and general $890
-
24a · Other expenses: Research Expenses
total $15,004 · program services $15,004
-
24b · Other expenses: Bad Debt Expense
total $878 · program services $878
-
24c · Other expenses: Loss on Asset Disposal
total $714 · management and general $714
-
24d · Other expenses: Dues and Memberships
total $42,203 · program services $42,144 · management and general $59
-
24e · All other expenses
total $200 · management and general $200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $185,887 · end of year $151,687
-
4 · Accounts receivable
beginning of year $2,878
-
10a · Land, buildings and equipment: cost or other basis
$6,999
-
10b · Land, buildings and equipment: accumulated depreciation
$700
-
10c · Land, buildings and equipment, net
beginning of year $797 · end of year $6,299
-
12 · Investments: other securities
beginning of year $100 · end of year $100
-
15 · Other assets
beginning of year $175,032 · end of year $181,870
-
17 · Accounts payable and accrued expenses
beginning of year $3,056 · end of year $3,847
-
31 · Retained earnings, endowment or other funds
beginning of year $361,638 · end of year $336,109
Mission and programs · 2022
Mission
Innovation Ohio is a catalyst for progressive policy and grassroots activity that improves the lives of Ohios working families.
-
Innovation Ohio produced numerous reports and analyses and generated many media mentions on the important public policy issues of the day. Innovation Ohios research was used in debating public policy issues such as redistricting, education, equitable democracy, paid leave and Medicaid.
Expenses $703,408 · Grants $74,176
As filed on the 2022 return.
Listed in Part VII
-
Desiree Tims
CEO
- Total calculated
- $144,991
- From this org
- $135,000
- From related orgs
- $0
- Other
- $9,991
- Hours/week
- 0
-
Elisabeth Hire
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Brewster Rhoads
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alan Bannister
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Keary McCarthy
Board Chair
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Innovation Ohio Education Fund
$54,176
Further exempt purpose
-
$20,000
Further exempt purpose
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Innovation Ohio Education Fund
501c3 · Public Education · OH
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C Corp · Research · OH · 100% owned
Directly controlled by Innovation Ohio
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321659349300537
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.