Team NEO Foundation

Team NEO Foundation

Cleveland, OH, US
501(c)(3)
EIN
34-1885407

Team NEO Foundation

Cleveland, OH, US
501(c)(3)
EIN
34-1885407

Overview

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Est.

2003

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Team NEO Foundation is a nonprofit organization focused on economic development in Northeast Ohio. With an operating budget of $8 million for the 2024 filing year, its mission is to enhance the regional economy by collaborating with network partners to attract new businesses, support local growth, and accelerate innovation. The foundation's revenue is supported by multiple funders, none of which contribute 50% or more of its total revenue. For more information, visit their website at www.teamneo.org.

Mission Statement

Team NEO Foundations mission is to enhance the economy of Northeast Ohio by collaborating with our Network Partners and others to attract new businesses, help those that are here grow and accelerate the impact of innovation in the region.
Revenues

$8M

Expenses

$8M

Net Income:
-$28.4K
Assets

$3.9M

Liabilities

$1.8M

Net Assets:
+$2.1M
Operating Budget

$8M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

13

Median grant size
$25K
Largest grant received
$150K
W
William Koehler
Board Member
K
Kelly Lamirand
Board Member
M
Michelle Moran
Board Member

Frequently Asked Questions

What is Team NEO Foundation’s budget?
In 2024, Team NEO Foundation reported an annual operating budget of around $8 million. More detailed financial information is available to registered users.
What causes does Team NEO Foundation support?
Team NEO Foundation supports work in Economic development.
Where does Team NEO Foundation operate?
Team NEO Foundation is headquartered in Cleveland, OH.
Who funded Team NEO Foundation recently?
In 2025, Team NEO Foundation received grants from STARK ECONOMIC DEVELOPMENT BOARD INC, FUND FOR OUR ECONOMIC FUTURE OF NORTHEAST OHIO, and Delta Dental Plan of Ohio Inc. More information on this organization’s funders is available to registered users.
What is the largest grant Team NEO Foundation received in 2024?
The largest grant to Team NEO Foundation in 2024 exceeds $150 thousand.
Overview
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