- Revenue 2024
- $9,243,556
- Expenses 2024
- $10,820,838
Program services were 71.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S30
- Classification
- 1000
- Street
- 1 VIRGINIA AVE STE 200
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Christopher Day
Chief Executive Officer
- Total calculated
- $480,128
- From this org
- $449,218
- From related orgs
- $0
- Other
- $30,910
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $323,485
- Bonus
- $125,000
- Other
- $733
- Deferred
- $13,800
- Nontaxable benefits
- $17,110
- Filer's total
- $480,128
-
Phillip Lodato
GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER, AND SECRETARY
- Total calculated
- $308,531
- From this org
- $297,552
- From related orgs
- $0
- Other
- $10,979
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $231,200
- Bonus
- $66,000
- Other
- $352
- Deferred
- $8,868
- Nontaxable benefits
- $2,111
- Filer's total
- $308,531
-
Robert Myer
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Barbie Wentworth
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Don Densborn
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Sampson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Larry Garatoni
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Steve Martin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Christopher Huxhold
VP Finance and Treasurer Starting April 2024
- Total calculated
- $160,642
- From this org
- $149,992
- From related orgs
- $0
- Other
- $10,650
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $149,858
- Bonus
- $0
- Other
- $134
- Deferred
- $4,028
- Nontaxable benefits
- $6,622
- Filer's total
- $160,642
-
Matthew Tyner
Managing Partner
- Total calculated
- $433,144
- From this org
- $384,233
- From related orgs
- $0
- Other
- $48,911
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $308,946
- Bonus
- $75,000
- Other
- $287
- Deferred
- $12,509
- Nontaxable benefits
- $36,402
- Filer's total
- $433,144
-
Asa Kelly
Vice President, Systems and IT
- Total calculated
- $251,747
- From this org
- $223,006
- From related orgs
- $0
- Other
- $28,741
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $212,805
- Bonus
- $10,011
- Other
- $190
- Deferred
- $8,563
- Nontaxable benefits
- $20,178
- Filer's total
- $251,747
-
Erica Schweyer
Chief of Staff
- Total calculated
- $298,470
- From this org
- $264,435
- From related orgs
- $0
- Other
- $34,035
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $204,245
- Bonus
- $60,000
- Other
- $190
- Deferred
- $8,095
- Nontaxable benefits
- $25,940
- Filer's total
- $298,470
-
Jacob Schpok
Partner
- Total calculated
- $301,245
- From this org
- $259,156
- From related orgs
- $0
- Other
- $42,089
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $198,945
- Bonus
- $60,000
- Other
- $211
- Deferred
- $10,849
- Nontaxable benefits
- $31,240
- Filer's total
- $301,245
-
Myles Grote
Partner
- Total calculated
- $259,071
- From this org
- $241,203
- From related orgs
- $0
- Other
- $17,868
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $224,700
- Bonus
- $16,274
- Other
- $229
- Deferred
- $8,674
- Nontaxable benefits
- $9,194
- Filer's total
- $259,071
-
Nicholas Kuhn
Vice President
- Total calculated
- $189,417
- From this org
- $181,404
- From related orgs
- $0
- Other
- $8,013
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $148,700
- Bonus
- $32,500
- Other
- $204
- Deferred
- $5,948
- Nontaxable benefits
- $2,065
- Filer's total
- $189,417
-
BARBARA UGGEN-DAVIS
FORMER CHIEF FINANCIAL OFFICER
- Total calculated
- $101,828
- From this org
- $101,828
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $101,828
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $101,828
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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $9,243,556
- Expenses
- $10,820,838
- Contributions
- $1,047,808
- Grants paid
- $903,708
-
2023
- Revenue
- $9,960,751
- Expenses
- $11,621,084
- Contributions
- $1,382,264
- Grants paid
- $1,705,970
-
2022
- Revenue
- $6,491,355
- Expenses
- $7,979,642
- Contributions
- $1,666,835
- Grants paid
- $1,762,468
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Grants made
-
2024 Direct Regional Grants
-
$273,000
2023 IVP Grant
-
$248,019
2024 Direct Regional Grants
-
$150,000
2022 SBIR Phase 1 Matching Grant
-
$150,000
2022 SBIR Phase 1 Matching Grant
-
Rose-Hulman Institute of Technology
$145,150
2024 Innovation Voucher
-
$104,060
2023 IVP Grant
-
$103,096
2023 IVP Grant
-
$100,000
2022 SBIR Phase 1 Matching Grant
-
$100,000
2022 SBIR Phase 1 Matching Grant
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$155,000
2023 TO SUPPORT CROSS-SECTOR COLLAB. FOR ADVANCEMNT OF INDIANA'S AGBIOSCIENCES INNOVATION ASSETS
-
$50,000
2023 FOCUSED ON BUILDING SUSTAINABLE INNOVATION & ENTREPRENEURSHIP CULTURES THROUGHOUT INDIANA
-
UNIVERSITY OF NOTRE DAME DU LAC
$30,000
2023 See Part IV
-
$25,000
2022 FOCUSED ON BUILDING SUSTAINABLE INNOVATION & ENTREPRENEURSHIP CULTURES THROUGHOUT INDIANA
-
UNIVERSITY OF NOTRE DAME DU LAC
$15,000
2022 See Part IV
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 10 September 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.