Civic Intelligence

Bounce Innovation Hub

990 • Fiscal year 2022 • EIN 82-3351373

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileBOUNCEHUB.ORG
526 S Main St 609EAkron, OH 44311

(330) 785-7403

Siviq Scores

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

Liabilities / Assets

84th percentile

0.48x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.26x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

21st percentile

-10%

Higher net margin than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

95th percentile

$300,229

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

46th percentile

3.4%

Faster revenue growth than 46% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$1,749,505

Down $248,021 (-12%) from 2021

Net Assets

Down

$906,722

Down $332,233 (-27%) from 2021

Liabilities

Up

$842,783

Up $84,212 (+11%) from 2021

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin21st percentile

Revenue

Up

$3,200,814

Up $103,970 (+3.4%) from 2021

Expenses

Up

$3,533,047

Up $331,739 (+10%) from 2021

Net Income

Down

-$332,233

Down $227,769 (-218%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2022

Assets$1,749,505
Liabilities$842,783
Net Assets$906,722
Open 2022 Filing

Operations Trend

Revenue Growth46th 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

2022

Revenue$3,200,814
Expenses$3,533,047
Net Income-$332,233
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$3,210,333
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$750,880$614,031▼ $136,849
Investments Program Related$461,099$447,765▼ $13,334
Cash and Non-Interest-Bearing Accounts$369,708$224,484▼ $145,224
Pledges and Grants Receivable$152,548$193,813▲ $41,265
Savings and Temporary Cash Investments$100,003$150,030▲ $50,027
Accounts Receivable$33,680$119,382▲ $85,702
Prepaid Expenses and Deferred Charges$2,702$0▼ $2,702
Total Assets$1,997,526$1,749,505▼ $248,021
Other Assets Total$126,906$0▼ $126,906
Liabilities
Unsecured Notes Loans Payable$510,968$451,350▼ $59,618
Accounts Payable and Accrued Expenses$216,762$357,044▲ $140,282
Other Liabilities$22,353$27,883▲ $5,530
Deferred Revenue$8,488$6,506▼ $1,982
Total Liabilities$758,571$842,783▲ $84,212
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$936,088$519,523▼ $416,565
Net Assets With Donor Restrictions$302,867$387,199▲ $84,332
Total Net Assets Fund Balance$1,238,955$906,722▼ $332,233
Total Liabilities and Net Assets / Fund Balance$1,997,526$1,749,505▼ $248,021

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$348,979$548,748$897,727
Leasehold Improvements$250,052$108,946$358,998
Other Land Buildings$15,000-$15,000
Investment Program Related Org$447,765--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug WeintraubCEOFT$241,875$58,354$300,229
Jessica SublettCOOFT$136,000$20,800$156,800

Board Members and Trustees

NameTitle
Hans DorfiBoard Chair
Billy TaylorBoard Member
David ZipperBoard Member
Deborah HooverBoard Member
Laura BennettBoard Member
Rj NemerBoard Member
Bradley HelfmanAssistant Secretary
John DearbornTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
EverlookEir Consulting Services526 S MAIN ST SUITE 9X, Akron, OH 44311$143,000
Stambaugh ConsultingEir Consulting Services310 TERRA VERDE AVE, Columbiana, OH 44408$129,500
Project Medtech ConsultingEir Consulting Services1468 W 9TH ST SUITE 100, Cleveland, OH 44113$123,069
Revenue and Support

Revenue Composition

Contributions and Grants
$2,108,580
Program Service Revenue
$1,080,368
Investment Income
$6,331
Other Revenue
$5,535
All Other Contributions
$839,586
Change in Net Assets
$-332,233
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,183,932
Other Expenses$1,315,865
Total Fundraising Expense$237,344
Grants and Similar Amounts Paid$33,250
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$722,559$100,120$24,930$847,609
Other Employee Benefits$759,413$4,894$2,854$767,161
Current Officers, Directors, Trustees, and Key Employees$168,469$137,109$151,452$457,030
Depreciation Depletion$185,000--$185,000
Fees for Services Other$26,040$73,460$36,645$136,145
Payroll Taxes$69,416$18,257$13,473$101,146
Advertising$15,214$27,143-$42,357
Office Expenses-$29,520-$29,520
Grants to Domestic Individuals$20,000--$20,000
Interest$19,354--$19,354
Other Expenses$13,250$0$0$13,250
Grants to Domestic Orgs$13,250--$13,250
All Other Expenses-$11,317-$11,317
Pension Plan Contributions$10,159$827-$10,986
Travel$951$6,087$161$7,199
Fees for Services Legal$174$746$372$1,292
Total Functional Expenses$2,846,336$449,367$237,344$3,533,047
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,519
Fundraising Gross Income$6,418
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Start Up Showcase$53,758$6,418$5,288$1,130
Total Events$53,758$6,418$9,519$-3,101
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$27,883
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
Yes
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 A, Line 4

“In 2022 the code of regulations was modified to eliminate the requirement of the sole member having the primary authority to 1) add board members and 2) modify certain sections of the code of regulations. This allows the board to be a self-perpetuating board.”

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
3307857403
Address
526 S MAIN ST 609E, AKRON, OH 44311

Signing Officer

Name
Jessica Sublett
Title
CEO
Phone
3307857403
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Sublett
Formed
2017
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
19
Volunteers
10

Preparer

Firm
Sikich Llp
Address
274 WHITE POND DRIVE, AKRON, OH 44320-1118
Preparer
Bridgette Mugge
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/InvestmentsProgramRelatedGrp/EOYAmt0447765
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0657694
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0750880
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0614031
IRS990/LandBldgEquipCostOrOtherBssAmt01271725
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BOUNCE CATALYZES ENTREPRENEURSHIP AND INNOVATION BY PROVIDING CONNECTIONS, RESOURCES AND EXPERTISE TO BUILD A VIBRANT COMMUNITY. BOUNCE PROVIDES SERVICES AND TECHNICAL ASSISTANCE TO EARLY STAGE AND SMALL BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01238955
IRS990/NetAssetsOrFundBalancesEOYAmt0906722
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3101
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3101
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0936088
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0519523
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029520
IRS990/OfficeExpensesGrp/TotalAmt029520
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0126906
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02854
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04894
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0759413
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0767161
IRS990/OtherExpensesGrp/Desc0BUILDING OPERATIONS
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2IMPAIRMENT RESERVE
IRS990/OtherExpensesGrp/Desc3FOOD/BEVERAGE
IRS990/OtherExpensesGrp/FundraisingAmt07457
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026553
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt213334
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0769159
IRS990/OtherExpensesGrp/ProgramServicesAmt153928
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt313250
IRS990/OtherExpensesGrp/TotalAmt0803169
IRS990/OtherExpensesGrp/TotalAmt153928
IRS990/OtherExpensesGrp/TotalAmt213334
IRS990/OtherExpensesGrp/TotalAmt313250
IRS990/OtherLiabilitiesGrp/BOYAmt022353
IRS990/OtherLiabilitiesGrp/EOYAmt027883
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt08636
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08636
IRS990/OtherRevenueTotalAmt08636
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024930
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100120
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0722559
IRS990/OtherSalariesAndWagesGrp/TotalAmt0847609
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013473
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018257
IRS990/PayrollTaxesGrp/ProgramServicesAmt069416
IRS990/PayrollTaxesGrp/TotalAmt0101146
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0827
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010159
IRS990/PensionPlanContributionsGrp/TotalAmt010986
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0152548
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0193813
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02702
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JESSICA SUBLETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0INCUBATOR AND PDA PROG
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01080368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01080368
IRS990/ProgSrvcAccomActy2Grp/Desc0GENERATOR SPACE:BOUNCE'S GENERATOR SPACE CONSISTS OF A PUBLIC COWORKING SPACE, CONFERENCE ROOMS, EVENT SPACE, WORKSHOP, AND CAF. IN 2022, 16,600 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/ExpenseAmt0597731
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.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0825437
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02188276
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-6391
IRS990/PYOtherExpensesAmt01498365
IRS990/PYOtherRevenueAmt02200
IRS990/PYProgramServiceRevenueAmt0912759
IRS990/PYRevenuesLessExpensesAmt0-104464
IRS990/PYSalariesCompEmpBnftPaidAmt01702943
IRS990/PYTotalExpensesAmt03201308
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03096844
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-332233
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01080368
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150030
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2018 AMOUNT: $ 3,979. 2019 AMOUNT: $ 53,049. 2020 AMOUNT: $ 700. 2021 AMOUNT: $ 2,200. 2022 AMOUNT: $ 8,636.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02108580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02188276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02135494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02118239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01359844
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09910433
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt056000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt056000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt056000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0238998
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0266776
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0673774
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06331
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06334
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04116922
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08636
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt053049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03979
IRS990ScheduleA/OtherIncome170Grp/TotalAmt068564
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt09369775
IRS990ScheduleA/SubstantialContributorsTotAmt01214432
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02164580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02244276
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02191494
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02357237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01626620
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010584207
IRS990ScheduleA/TotalSupportAmt010659105
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/BookValueAmt0348979
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0548748
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0897727
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0447765
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0BIT FACTORY INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0250052
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0108946
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0358998
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027883
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.

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,749,505
Liabilities
$842,783
Net assets
$906,722
Revenue
$3,200,814
Expenses
$3,533,047
Net income
-$332,233
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
2022Detailed filing. Detailed filing data is available for this year.$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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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