Overview

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Est.

2017

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BOUNCE INNOVATION HUB is an urban development nonprofit focused on providing services and programs for people with an interest in innovation to help bring their visions to reality. In 2024, it reported $4M in total revenue against a $3.7M operating budget, with major support from BURTON D MORGAN FOUNDATION INC, THE BARBERTON COMMUNITY FOUNDATION, and GAR FOUNDATION.

Mission Statement

PROVIDE SERVICES AND PROGRAMS TO ANYONE WITH A MIND FOR INNOVATION TO MAKE THEIR VISIONS A REALITY.
Revenues
$4M
Expenses
$3.7M
Net Income:
+$345.2K
Assets
$2.7M
Liabilities
$1M
Net Assets:
+$1.7M
Operating Budget
$3.7M
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
5
Median grant size
$15K
Largest grant received
$393.5K
J
Jessica Sublett
Board Member
J
Jennifer Kelsch
Board Member
L
Laura Bennett
Board Member
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  • 14 funders
  • 20 board & team members
  • 7 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is BOUNCE INNOVATION HUB’s budget?
In 2024, BOUNCE INNOVATION HUB reported an annual operating budget of around $3.7 million. More detailed financial information is available to registered users.
What causes does BOUNCE INNOVATION HUB support?
BOUNCE INNOVATION HUB supports work in Urban development.
Where does BOUNCE INNOVATION HUB operate?
BOUNCE INNOVATION HUB is headquartered in Akron, OH.
Who funded BOUNCE INNOVATION HUB recently?
In 2025, BOUNCE INNOVATION HUB received grants from AKRON COMMUNITY FOUNDATION, BURTON D MORGAN FOUNDATION INC, and THE BARBERTON COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BOUNCE INNOVATION HUB received in 2024?
The largest grant to BOUNCE INNOVATION HUB in 2024 exceeds $394 thousand.
What is BOUNCE INNOVATION HUB’s reliance on government grants?
BOUNCE INNOVATION HUB relied on government grants for more than 45% of their total revenue in 2024.