INNOVATION FUND AMERICA INC
1005 N ABBE RD, ELYRIA, OH 44035 innovationfundamerica.org

Total Revenue
$0
Total Expenses
$1,061,224
Net Assets
$-1,867,530

Organizations Filed Purposes: PARTNERING WITH COMMUNITY COLLEGES TO ACCELERATE THE GROWTH OF TECHNOLOGY STARTUPS THROUGH EARLY-STAGE FUNDING AND EDUCATION.

INNOVATION FUND AMERICA INC. ("IFA INC.") ASPIRES TO DEVELOP AND ADMINISTER ACTIVITIES AND PROGRAMS DESIGNED TO EDUCATE STUDENTS AND ENTREPRENEURS, COMBAT COMMUNITY DETERIORATION, RELIEVE POVERTY, AND LESSEN THE BURDENS OF THE GOVERNMENT THROUGH STIMULATING ECONOMIC DEVELOPMENT IN SELECT COMMUNITIES ACROSS THE UNITED STATES ("IFA COMMUNITIES"). IT ACCOMPLISHES THIS THROUGH CREATING AN ENTREPRENEURIAL CLIMATE THAT FOSTERS, CREATES AND EXPANDS EMPLOYMENT OPPORTUNITIES IN THOSE COMMUNITIES THROUGH THE RECRUITMENT AND EDUCATION OF ORGANIZATIONS AND ENTREPRENEURS WORKING WITH RELATED ENTERPRISES WITHIN THOSE COMMUNITIES. IFA INC. PROVIDES ASSISTANCE IN THE FUNDING OF AND UNDERTAKING ACTIVITIES WHICH WILL LESSEN THE BURDENS OF GOVERNMENT IN RELATION TO THE DEVELOPMENT OF ENTREPRENEURIAL ENTERPRISES IN IFA COMMUNITIES IN CONJUNCTION WITH PRIVATE AND PUBLIC INVESTMENTS AND CONTRIBUTIONS BY PHILANTHROPIC ORGANIZATIONS AND FEDERAL, STATE, AND LOCAL GOVERNMENTS. IFA INC. PROVIDES APPROPRIATE COUNSEL OR ASSISTANCE IN ADVISORY SERVICES WHICH WILL PROMOTE AND NURTURE THE FORMATION AND DEVELOPMENT OF ENTREPRENEURIAL BUSINESSES AND CAPACITY IN IFA COMMUNITIES AND PROMOTING THE WELFARE OF IFA COMMUNITIES BY SERVING AS A NATIONAL LEADER FOR INNOVATION, EDUCATION, AND TRAINING IN ENTREPRENEURIAL BUSINESS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Joseph MartinTREASURER2$2,296
Julie StrazzoSECRETARY0.3$0
Tracy GreenDIRECTOR0.3$0
Dennis CoccoDIRECTOR0.3$0
Dr Marcia J BallingerVICE PRESIDENT0.3$0
Dr Roy A ChurchPRESIDENT & CHAIR0.3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100559349300205_public.xml