I2E INC

As filed

Subsection

03

NTEE code

S30

Classification

2000

Street

201 ROBERT S KERR AVE STE 600

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).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 600). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• ASSOCIATION OF OKLAHOMA LIFE INSURANCE COMPANIES

  EIN 73-1192089

• OKLAHOMA BIOSCIENCE INSTITUTE

  EIN 45-2067346

Mission and programs · 2023

• THE ORGANIZATION MANAGES AND OPERATES THE OKLAHOMA TECHNOLOGY COMMERCIALIZATION CENTER ("OTCC"), A PROGRAM OF THE OKLAHOMA CENTER FOR THE ADVANCEMENT OF SCIENCE AND TECHNOLOGY ("OCAST") UNDER AN ANNUAL CONTRACT. THE OTCC PROGRAM AND CONTRACT WERE ORGANIZED TO HELP SPUR ECONOMIC GROWTH IN THE STATE BY PROMOTING AND ASSISTING OKLAHOMA-BASED TECHNOLOGY COMPANIES. THE ORGANIZATION PERFORMS CERTAIN BUSINESS, RESEARCH, AND PLANNING SERVICES FOR SMALL COMPANIES IN THE AREAS OF MARKETING, DEVELOPMENT, AND FINANCE.

  Expenses $1,298,248

• THE ORGANIZATION ALSO OPERATES THE TECHNOLOGY BUSINESS FINANCE PROGRAM ("TBFP"), A PROGRAM OF OCAST, UNDER AN ANNUAL CONTRACT. TBFP'S PRIMARY MISSION IS TO PROVIDE EARLY STAGE, PROOF-OF-CONCEPT FUNDING TO QUALIFIED OKLAHOMA COMPANIES THAT ARE COMMERCIALIZING NEW PRODUCTS, SERVICES AND PROCESSES FOR THE PURPOSE OF EXPANDING AND DIVERSIFYING THE STATE'S ECONOMY AND PROVIDING HIGHER QUALITY JOBS FOR THE STATE'S CITIZENS.UNDER THE TBFP PROGRAM, THE ORGANIZATION IS RESPONSIBLE FOR RECOMMENDING AND PROVIDING FINANCIAL AWARDS TO QUALIFIED RECIPIENTS AS DEFINED BY ITS CONTRACT WITH OCAST. UPON OCAST'S APPROVAL OF THE AWARD FINANCING AGREEMENTS, THE ORGANIZATION RECEIVES FUNDING FROM OCAST TO BE DISTRIBUTED TO AWARDEES. THE AWARDEES ARE REQUIRED TO REPAY THE FINANCIAL AWARDS IN ACCORDANCE WITH THE TERMS SET FORTH IN THE AWARD AGREEMENT.

  Expenses $199,256

• LOVE'S ENTREPRENEUR CUP BUSINESS PLAN COMPETITIONTHE BUSINESS PLAN COMPETITION IS FUNDED BY THE LOVE'S CORPORATION AND OTHER SPONSORS THROUGHOUT THE STATE OF OKLAHOMA. STUDENTS INVOLVED IN THE COMPETITION GAIN ACCESS TO NETWORKS OF SUCCESSFUL ENTREPRENEURS, LENDERS AND INVESTORS, TEAM-BUILDING OPPORTUNITIES, BUSINESS PLANNING SKILLS, AND MEDIA EXPOSURE. ONE OF THE GOALS OF THE COMPETITION IS TO ENCOURAGE THE DEVELOPMENT AND COMMERCIALIZATION OF IDEAS AND TECHNOLOGIES BEING DISCOVERED IN OUR UNIVERSITIES. THE DONALD W. REYNOLD'S FOUNDATION PREVIOUSLY SPONSORED THIS COMPETITION. THE REYNOLD'S FOUNDATION SPONSORSHIP ENDED IN FY16. BEGINNING IN FY17, THE LOVE'S CORPORATION AGREED TO BE A MAJOR SPONSOR OF THIS COMPETITION.

  Expenses $399,382

• I2E SEED CAPITAL COMPANY, LLC MANAGES THE OKLAHOMA SEED CAPITAL FUND, LLC (OSCF), A SERIES OF INVESTMENT FUNDS PROVIDING SEED AND START-UP STAGE EQUITY FINANCING TO SMALL HIGH-GROWTH, TECHNOLOGY-BASED COMPANIES. IT IS AN INNOVATIVE PUBLIC-PRIVATE PARTNERSHIP, DEVELOPED BY OCAST IN PARTNERSHIP WITH I2E, THE OKLAHOMA DEPARTMENT FINANCE AUTHORITY (ODFA) AND THE OKLAHOMA CAPITAL INVESTMENT BOARD (OCIB) INVOLVED AS CO-INVESTORS IN THE FUND'S FIRST SERIES. THE FUND IS AIMED AT HELPING TECHNOLOGY-BASED FIRMS ACCESS THE CAPITAL THEY NEED TO GROW AND CREATE JOBS. CO-INVESTMENT BY ONE OR MORE INVESTORS IS REQUIRED AND BUSINESSES MUST BE LOCATED IN THE STATE OF OKLAHOMA. DURING THE TAX YEAR, I2E SEED CAPITAL, LLC CONTRACTED WITH I2E MANAGEMENT COMPANY, INC. TO PROVIDE MANAGEMENT SERVICES FOR THE FUND. ACCELERATE OKLAHOMA FUNDS: ACCELERATE OKLAHOMA AND ITS SUBSIDIARIES WERE CREATED TO FACILITATE MANAGEMENT OF FEDERAL FUNDS MADE AVAILABLE TO THE OKLAHOMA DEPARTMENT OF COMMERCE (ODOC) BY THE U.S. TREASURY FOR THE STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) PROGRAM. THE ORGANIZATION'S CONTRACT, AS AMENDED, WITH ODOC IN THE AMOUNT OF $13,227,911 HAD A FUNDING PERIOD OF MAY 1, 2011 THROUGH MARCH 31, 2017. ON MARCH 31, 2017, THE FEDERAL SSBCI PROGRAM ENDED. PER THE FIRST AMENDMENT TO THE ORIGINAL ALLOCATION AGREEMENT EXECUTED OCTOBER 18, 2012, ANY REPAYMENT OF INVESTED FUNDS, PRINCIPAL AND ANY INVESTMENT GAINS, SHALL REMAIN WITH ACCELERATE OKLAHOMA AND BE USED TO MAINTAIN, MANAGE, AND REINVEST CONSISTENT WITH THE INVESTMENT PLANS SET FORTH IN THE ORIGINAL ALLOCATION AGREEMENT. A SECOND AMENDMENT TO THE ORIGINAL ALLOCATION AGREEMENT, DATED JANUARY 10, 2017, ALLOWS I2E TO CHARGE A FEE FOR MANAGEMENT SERVICES AND TO EARN A CARRIED INTEREST ON ANY PROGRAM INCOME IN THE FORM OF INVESTMENT GAIN ON FUNDS INVESTED. THE ORGANIZATION IS THE SOLE MEMBER OF ACCELERATE OKLAHOMA AND ACCELERATE OKLAHOMA IS THE SOLE MEMBER OF EACH OF ITS SUBSIDIARIES. EACH OF THESE ENTITIES ARE DISREGARDED FOR INCOME TAX PURPOSES AND, AS SUCH, ALL ACTIVITY WILL ULTIMATELY PASS TO THE SOLE MEMBER, THE ORGANIZATION. DURING THE TAX YEAR, I2E CONTRACTED WITH I2E MANAGEMENT COMPANY, INC. TO PROVIDE MANAGEMENT SERVICES FOR I2E ACCELERATE OKLAHOMA, LLC. THE I2E ANGEL SIDECAR FUND, LLC AND I2E GROWOK FUND, LLC WERE MERGED INTO I2E ACCELERATE OKLAHOMA, LL ON JUNE 28, 2019. THE I2E STARTOK FUND, LLC WAS MERGED INTO I2E ACCELERATE OKLAHOMA, LLC ON JULY 18, 2019. ACT TULSA ACCELERATOR IN JANUARY 2021, THE ORGANIZATION PARTNERED WITH ACT HOUSE, INC., A NOT-FOR-PROFIT ORGANIZATION LOCATED IN TALLAHASSEE, FLORIDA, TO DEVELOP ACT TULSA. ACT TULSA IS AN ACCELERATOR PROGRAM FUNDED THROUGH CONTRIBUTIONS THAT IS AIMED AT CULTIVATING AND DRIVING INNOVATION OF BLACK, INDIGENOUS AND PEOPLE OF COLOR (BIPOC) FOUNDERS LOCATED IN TULSA AND BEYOND BY EQUIPPING THEM WITH SKILLS, TOOLS, AND A NETWORK TO ACCELERATE THE FOUNDATIONAL GROWTH OF THEIR COMPANIES.

  Expenses $2,551,370 · Revenue $1,449,894

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. 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

• 2023

  Revenue

  $3,434,038

  Expenses

  $5,062,178

  Contributions

  $2,706,990

  Grants paid

  $0

• 2022

  Revenue

  $6,662,200

  Expenses

  $5,231,839

  Contributions

  $3,356,835

  Grants paid

  $0

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.

Other returns filed

• 2021 · 990

  Revenue

  $9,581,488

  Expenses

  $6,490,463

  Assets (EOY)

  $25,337,999

• 2020 · 990

  Revenue

  $5,344,576

  Expenses

  $4,108,057

  Assets (EOY)

  $27,869,803

• 2019 · 990

  Revenue

  $4,286,699

  Expenses

  $3,147,699

  Assets (EOY)

  $24,106,057

• 2018 · 990

  Revenue

  $4,293,057

  Expenses

  $3,527,825

  Assets (EOY)

  $26,468,552

• 2017 · 990

  Revenue

  $3,207,856

  Expenses

  $3,293,159

  Assets (EOY)

  $20,738,950

• 2016 · 990

  Revenue

  $4,589,285

  Expenses

  $3,324,500

  Assets (EOY)

  $21,353,091

• 2015 · 990

  Revenue

  $5,880,522

  Expenses

  $3,258,846

  Assets (EOY)

  $13,212,616

• 2014 · 990

  Revenue

  $5,882,601

  Expenses

  $3,190,991

  Assets (EOY)

  $11,695,948

• 2013 · 990

  Revenue

  $7,763,851

  Expenses

  $3,621,679

  Assets (EOY)

  $9,657,331

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $3,841,537

  Assets (EOY)

  $5,802,134

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC

  $577,882

  2023 · GENERAL OPERATIONS

• OKLAHOMA BIOSCIENCE INSTITUTE

  $350,000

  2022 · GENERAL OPERATIONS

• TULSA COMMUNITY FOUNDATION

  $250,000

  2023 · GENERAL OPERATIONS

• LOVE FAMILY AFFILIATED FUND OF THE OKLAHOMA CITY COMMUNITY FOUNDATION

  $158,000

  2023 · GENERAL PURPOSES

• LOVE FAMILY AFFILIATED FUND OF THE OKLAHOMA CITY COMMUNITY FOUNDATION

  $158,000

  2022 · SCIENCE/TECHNOLOGY RESEARCH INSTITUTES & SVCS

• THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC

  $116,856

  2022 · CORONAVIRUS RELIEF

• TULSA COMMUNITY FOUNDATION

  $76,000

  2022 · GENERAL OPERATIONS

• OKLAHOMA BIOSCIENCE INSTITUTE

  $71,911

  2023 · GENERAL OPERATIONS

• DONOR ADVISED CHARITABLE GIVING

  $70,000

  2024 · PUBLIC, SOCIETAL BENEFIT

• OKLAHOMA BUSINESS ROUNDTABLE INCORPORATED

  $50,000

  2022 · ECONOMIC DEVELOPMENT COMPETITION

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files