INNOVATION FUND AMERICA INC
ELYRIA,
Ohio,
44035
EIN: 46-1761848
Community Improvement, Capacity Building
MISSION
TRACY GREEN
DEMOGRAPHIC
ADDRESS
1005 NORTH ABBE ROAD CC220
44035
COUNTY
lorain county, OH
IN CARE OF NAME
LCCC FOUNDATION
ORGANIZATIONAL OVERVIEW & RANKINGS
INNOVATION FUND AMERICA INC is a based in ELYRIA, OH, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in March 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $51,629.00, this ranks 571,476 among 2,656,690 nonprofits nationally (Top 22%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 22,378 out of 105,194 organizations in OH (Top 22%).
In lorain county, OH, the organization ranks 374 out of 1,975 nonprofits by assets (Top 19%), while locally in elyria, it stands at 92 among 410 organizations (Top 21%).
The organization reported annual revenue of $25,000.00, ranking 552,121 nationally (Top 21%) and 21,209 in OH (Top 21%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, INNOVATION FUND AMERICA INC ranks 1,731 in assets (Top 36%) and 1,827 in revenue (Top 38%).
Note: This organization's tax-exempt status was temporarily revoked on December 15, 2015 and was reinstated on December 15, 2015 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a June fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Tuesday, December 15, 2015;
Reinstated: Tuesday, December 15, 2015
TAX PERIOD
07/2023
ACCOUNTING PERIOD
07
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$25,000.00
FORM 990 REVENUE AMOUNT
$25,000.00
RULING DATE
03/2017
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$51,629.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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