Overview

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Est.

2017

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

BOUNCE INNOVATION HUB is a nonprofit organization dedicated to urban development, with a mission to provide services and programs that empower individuals with innovative ideas to realize their visions. With an operating budget of $3.7 million and total revenue of $4 million for the 2024 filing year, the organization is supported by significant funding from key partners including THE CLEVELAND FOUNDATION, AKRON COMMUNITY FOUNDATION, and BURTON D MORGAN FOUNDATION INC. BOUNCE INNOVATION HUB does not rely on a single funder for 50% or more of its revenue.

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

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.