Innovation Fund America Inc
Donations deductibleInnovation Fund America Inc's network
7 people5 organisationsi7 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Dennis Cocco | Director | 2020 | 6 yrs |
| Dr Marcia J Ballinger | Vice President | 2020 | 6 yrs |
| Jim Walborn | Director | 2022 | 4 yrs |
| Jon Volpe | Director | 2022 | 4 yrs |
| Joseph Martin | Treasurer | 2020 | 6 yrs |
| Julie Strazzo | Company secretary | 2020 | 6 yrs |
| Tracy Green | Director | 2020 | 6 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 July 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Joseph Martin | Treasurer | 5 | $16k | ||
| Dr Roy A Church | President & Chair | 0.3 | $0 | ||
| Dr Marcia J Ballinger | Vice President | 0.3 | $0 | ||
| Dennis Cocco | Director | 0.3 | $0 | ||
| Tracy Green | Director | 0.3 | $0 | ||
| Julie Strazzo | Secretary | 0.3 | $0 | ||
| Jon Volpe | Director | 0.3 | $0 | ||
| Jim Walborn | Director | 0.3 | $0 |
About
- Legal name
- Innovation Fund America Inc
- EIN
- 461761848
- Address
- 1005 North Abbe Road CC220, Elyria, OH, 44035-1613
- State
- Ohio
- Mission
- Innovation fund america is a nonprofit partnering with community colleges to accelerate the growth of technology startups through early-stage funding and education. (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 3 (IRS master file code)
- Formed
- 2012
- Principal officer
- Dr Roy A Church (as named on the Form 990)
- IRS ruling date
- 1 March 2017
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥6years on the filingsDennis Cocco
≥6years on the filingsDr Marcia J Ballinger
≥6years on the filingsJoseph Martin
≥6years on the filingsJulie Strazzo
Latest return
year to 31 July 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 July 2025. US dollars, as filed.- Total assets
- $68k
- Total liabilities
- $7.4m
- Net assets or fund balances
- Minus $7.4m
- Contributions and grants received
- $25k
- Program service revenue
- $25k
- Grants and similar paid out
- $1.7m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $75k | $822k | Deficit $747k |
As filed on the IRS Form 990. US dollars.
Grants paid
16 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Bailout Systems Inc | Start-up funding | $150k |
| Bowerbags LLC | Start-up funding | $150k |
| Mic Monitor LLC -Dba Corrolytics | Start-up funding | $150k |
| Symphony Robotics | Start-up funding | $150k |
| Neoindicate LLC | Start-up funding | $150k |
| Courtesy Cups LLC | Start-up funding | $150k |
| Logically Engineered Automation Features Ltd | Start-up funding | $150k |
| Cyngusmed Inc | Start-up funding | $140k |
| Sensate Biosystems | Start-up funding | $140k |
| Lighthanded Enterprises LLC | Start-up funding | $75k |
| Hovn LLC | Start-up funding | $60k |
| Armadillo Protection LLC | Start-up funding | $50k |
| Avayla Solutions - Dba Blazebite | Start-up funding | $50k |
| Tritonx Inc | Start-up funding | $50k |
| Scope Medical Inc | Start-up funding | $50k |
| Qwikglove LLC | Start-up funding | $50k |