Civic Intelligence

Bounce Innovation Hub

990 • Fiscal year 2020 • EIN 82-3351373

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileBOUNCEHUB.ORG
526 S Main St No 609EAkron, OH 44311

(234) 900-5961

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.38x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.26x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

43rd percentile

2.3%

Higher net margin than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$280,108

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

31st percentile

-0.1%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

5.4%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$2,024,096

Down $1,730 (-0.1%) from 2019

Net Assets

Up

$1,250,656

Up $68,902 (+5.8%) from 2019

Liabilities

Down

$773,440

Down $70,632 (-8.4%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin43rd percentile

Revenue

Up

$2,950,086

Up $150,908 (+5.4%) from 2019

Expenses

Up

$2,881,184

Up $504,494 (+21%) from 2019

Net Income

Down

$68,902

Down $353,586 (-84%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2018: $1,158,381Liabilities 2018: $398,005Net Assets 2018: $760,3762018Assets 2019: $2,025,826Liabilities 2019: $844,072Net Assets 2019: $1,181,7542019Assets 2020: $2,024,096Liabilities 2020: $773,440Net Assets 2020: $1,250,6562020Assets 2021: $1,997,526Liabilities 2021: $758,571Net Assets 2021: $1,238,9552021Assets 2022: $1,749,505Liabilities 2022: $842,783Net Assets 2022: $906,7222022Assets 2023: $2,283,894Liabilities 2023: $894,729Net Assets 2023: $1,389,1652023Assets 2024: $2,733,487Liabilities 2024: $1,006,170Net Assets 2024: $1,727,3172024

Highlighted filing

2020

Assets$2,024,096
Liabilities$773,440
Net Assets$1,250,656
Open 2020 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2018: $2,045,836Expenses 2018: $1,285,460Net Income 2018: $760,3762018Revenue 2019: $2,799,178Expenses 2019: $2,376,690Net Income 2019: $422,4882019Revenue 2020: $2,950,086Expenses 2020: $2,881,184Net Income 2020: $68,9022020Revenue 2021: $3,096,844Expenses 2021: $3,201,308Net Income 2021: -$104,4642021Revenue 2022: $3,200,814Expenses 2022: $3,533,047Net Income 2022: -$332,2332022Revenue 2023: $4,074,558Expenses 2023: $3,653,947Net Income 2023: $420,6112023Revenue 2024: $4,041,831Expenses 2024: $3,696,593Net Income 2024: $345,2382024

Highlighted filing

2020

Revenue$2,950,086
Expenses$2,881,184
Net Income$68,902
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$2,950,086
Mission and Program Overview

Mission

Bounce hub is akron's first open innovation hub, providing services and programs to help any and all with a mind for innovation to make their visions a reality. This includes educational programming for entrepreneurs and university students.

Provide services and programs to anyone with a mind for innovation to make their visions a reality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,042,194$900,367▼ $141,827
Investments Program Related$427,002$455,002▲ $28,000
Cash and Non-Interest-Bearing Accounts$147,376$381,846▲ $234,470
Pledges and Grants Receivable$329,838$214,447▼ $115,391
Accounts Receivable$36,306$50,502▲ $14,196
Prepaid Expenses and Deferred Charges$26,690$15,537▼ $11,153
Intangible Assets$14,920$6,395▼ $8,525
Total Assets$2,025,826$2,024,096▼ $1,730
Other Assets Total$1,500$0▼ $1,500
Liabilities
Unsecured Notes Loans Payable$623,292$568,252▼ $55,040
Accounts Payable and Accrued Expenses$190,264$183,662▼ $6,602
Other Liabilities$11,552$13,350▲ $1,798
Deferred Revenue$18,964$8,176▼ $10,788
Total Liabilities$844,072$773,440▼ $70,632
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$771,042$923,031▲ $151,989
Net Assets With Donor Restrictions$410,712$327,625▼ $83,087
Total Net Assets Fund Balance$1,181,754$1,250,656▲ $68,902
Total Liabilities and Net Assets / Fund Balance$2,025,826$2,024,096▼ $1,730

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$642,147$239,554$881,701
Leasehold Improvements$258,220$48,140$306,360
Investment Program Related Org$455,002--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug WeintraubCEOFT$230,208$49,900$280,108
Jessica SublettCOOFT$125,000-$125,000

Board Members and Trustees

NameTitle
Deborah HooverBoard Chair
Andre ThorntonBoard Member
Bradley HelfmanBoard Member
David ZipperBoard Member
Laura BennettBoard Member
Steve CharlesSecretary
John DearbornTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,135,494
Program Service Revenue
$813,892
Investment Income
$0
Other Revenue
$700
All Other Contributions
$820,905
Change in Net Assets
$68,902
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,604,980
Other Expenses$1,276,204
Total Fundraising Expense$194,381
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,012,037$165,682$22,153$1,199,872
Current Officers, Directors, Trustees, and Key Employees$106,022$162,043$137,043$405,108
Fees for Services Other$98,131$89,696$28,023$215,850
Depreciation Depletion$184,623--$184,623
Advertising$25,320$16,880-$42,200
Interest$23,930--$23,930
Office Expenses-$6,239-$6,239
Travel$50$4,627$56$4,733
Fees for Services Legal$642$2,489$778$3,909
Other Expenses$65,228$2,716$6,328$2,716
Total Functional Expenses$2,174,164$512,639$194,381$2,881,184
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$13,350
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 will be reviewed by staff, then provided to the board for review and approval via email vote.”

Form 990, Part VI, Section B, Line 12C

“Annual conflict of interest statements are signed by all board members and senior staff.”

Form 990, Part VI, Section B, Line 15

“Line 15a: the board of directors, as a group, identifies the appropriate compensation level for the ceo based on typical industry compensation levels for similar organizations compared to the experience level and job description. Line 15b: the chief executive officer and the chief operating officer jointly determine the compensation levels for all other employees by comparing the typical industry compensation levels for the respective positions within similar organizations to bounce compared to the experience levels and job descriptions of each employee.”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Bounce Innovation Hub
EIN
82-3351373
Phone
2349005961
Address
526 S MAIN ST NO 609E, AKRON, OH 44311

Signing Officer

Name
Douglas Weintraub
Title
CEO
Phone
2349005961
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Weintraub
Formed
2017
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
18
Volunteers
10

Preparer

Firm
Sikich Llp
Address
274 WHITE POND DRIVE, AKRON, OH 44320-1118
Preparer
Jill M Boyle CPA
Phone
3308646661
Supplemental Narrative

Additional Explanations

FORM 990, PART IV, LINE 12A AND FORM 990, PART XII, LINE 2B:

“The board has reviewed and approved the internal controls that are in place.”

Financial Statement Notes

PART X, LINE 2:

“The organizations are exempt from federal income taxes under the current provisions of section 501(c)(3) of the internal revenue code. Accordingly, the organization has not recorded provisions for federal and state income taxes. The organizations are not classified as private foundations.”

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IRS990/ProgramServiceRevenueGrp/Desc0INCUBATOR AND PDA PROG
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0813892
IRS990/ProgSrvcAccomActy2Grp/Desc0GENERATOR SPACE:BOUNCE'S GENERATOR SPACE CONSISTS OF A PUBLIC COWORKING SPACE, CONFERENCE ROOMS, EVENT SPACE, WORKSHOP, AND CAF. IN 2020, OVER 5,200 PEOPLE VISITED THE BOUNCE FACILITY FOR EVENTS, NETWORKING, AND MEETINGS WITH RESIDENT COMPANIES. THE GENERATOR IS DESIGNED TO CONNECT THE COMMUNITY, CORPORATIONS, AND UNIVERSITIES WITH THE ENTREPRENEURIAL ECOSYSTEM AND TO FACILITATE MEANINGFUL COLLISIONS THAT CATALYZE ECONOMIC DEVELOPMENT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0711806
IRS990/ProgSrvcAccomActy3Grp/Desc0GROW:BOUNCE'S GROW PROGRAM SERVES SMALL BUSINESSES THROUGH COHORT TRAINING CLASSES, ONE-ON-ONE BUSINESS COUNSELING, AND NETWORKING OPPORTUNITIES. THE GROW PROGRAM IS FOCUSED ON SERVING MINORITY ENTREPRENEURS AND PEOPLE OF COLOR, PARTICULARLY THOSE WHO ARE HISTORICALLY UNDERREPRESENTED AS BUSINESS OWNERS. IN 2020, BOUNCE ADDED MORTAR TO THE GROW PROGRAM LINEUP AS ONE OF THE COHORT PROGRAMS DESIGNED TO SERVE HISTORICALLY MARGINALIZED ENTREPRENUERS. IN 2020, BOUNCE SERVED 108 CLIENTS THROUGH ITS GROW PROGRAM.)
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0693495
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02118239
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01336551
IRS990/PYOtherRevenueAmt053049
IRS990/PYProgramServiceRevenueAmt0627890
IRS990/PYRevenuesLessExpensesAmt0422488
IRS990/PYSalariesCompEmpBnftPaidAmt01040139
IRS990/PYTotalExpensesAmt02376690
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02799178
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt068902
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0813892
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2018 AMOUNT: $ 3,979. 2019 AMOUNT: $ 53,049. 2020 AMOUNT: $ 700.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02135494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02118239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01359844
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05613577
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt056000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0238998
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0266776
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0561774
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02123795
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt053049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03979
IRS990ScheduleA/OtherIncome170Grp/TotalAmt057728
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt05551839
IRS990ScheduleA/SubstantialContributorsTotAmt0623512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02191494
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02357237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01626620
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06175351
IRS990ScheduleA/TotalSupportAmt06233079
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0642147
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0239554
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0881701
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0455002
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0BIT FACTORY INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0258220
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt048140
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0306360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE CURRENT PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED PROVISIONS FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATIONS ARE NOT CLASSIFIED AS PRIVATE FOUNDATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0900367
IRS990ScheduleD/TotalBookValueProgramRltdAmt0455002
IRS990ScheduleD/TotalLiabilityAmt013350
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0230208
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount047500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOUG WEINTRAUB
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0280108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WILL BE REVIEWED BY STAFF, THEN PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL VIA EMAIL VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY ALL BOARD MEMBERS AND SENIOR STAFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 15A: THE BOARD OF DIRECTORS, AS A GROUP, IDENTIFIES THE APPROPRIATE COMPENSATION LEVEL FOR THE CEO BASED ON TYPICAL INDUSTRY COMPENSATION LEVELS FOR SIMILAR ORGANIZATIONS COMPARED TO THE EXPERIENCE LEVEL AND JOB DESCRIPTION. LINE 15B: THE CHIEF EXECUTIVE OFFICER AND THE CHIEF OPERATING OFFICER JOINTLY DETERMINE THE COMPENSATION LEVELS FOR ALL OTHER EMPLOYEES BY COMPARING THE TYPICAL INDUSTRY COMPENSATION LEVELS FOR THE RESPECTIVE POSITIONS WITHIN SIMILAR ORGANIZATIONS TO BOUNCE COMPARED TO THE EXPERIENCE LEVELS AND JOB DESCRIPTIONS OF EACH EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD HAS REVIEWED AND APPROVED THE INTERNAL CONTROLS THAT ARE IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IV, LINE 12A AND FORM 990, PART XII, LINE 2B:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0BOUNCE INNOVATION HUB
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0BIT FACTORY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0825086858
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0455002
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0SINGLE MEMBER LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0116
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0526 S MAIN ST STE 511
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0AKRON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd044311
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02025826
IRS990/TotalAssetsEOYAmt02024096
IRS990/TotalAssetsGrp/BOYAmt02025826
IRS990/TotalAssetsGrp/EOYAmt02024096
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02135494
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0194381

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,024,096
Liabilities
$773,440
Net assets
$1,250,656
Revenue
$2,950,086
Expenses
$2,881,184
Net income
$68,902
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.73$1.01$1.73$4.04$3.70$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.89$1.39$4.07$3.65$0.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.84$0.91$3.20$3.53$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.76$1.24$3.10$3.20$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.02$0.77$1.25$2.95$2.88$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.84$1.18$2.80$2.38$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.40$0.76$2.05$1.29$0.76