Civic Intelligence

Innovation Dupage

990 • Fiscal year 2022 • EIN 83-1137271

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 06, 2023

Organization ProfileINNOVATIONDUPAGE.ORG
535 Duane StGlen Ellyn, IL 60137

(630) 942-2316

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.34x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.09x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

33rd percentile

-2.1%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

87th percentile

$96,140

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

13th percentile

-18%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

57th percentile

14%

Faster revenue growth than 57% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$148,017

Down $31,861 (-18%) from 2021

Net Assets

Down

$97,353

Down $12,411 (-11%) from 2021

Liabilities

Down

$50,664

Down $19,450 (-28%) from 2021

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin33rd percentile

Revenue

Up

$585,911

Up $74,006 (+14%) from 2021

Expenses

Up

$598,322

Up $122,730 (+26%) from 2021

Net Income

Down

-$12,411

Down $48,724 (-134%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$300K$200K$100K$0Assets 2018: $78,000Liabilities 2018: $02018Assets 2019: $132,044Liabilities 2019: $8,213Net Assets 2019: $123,8312019Assets 2020: $158,443Liabilities 2020: $84,992Net Assets 2020: $73,4512020Assets 2021: $179,878Liabilities 2021: $70,114Net Assets 2021: $109,7642021Assets 2022: $148,017Liabilities 2022: $50,664Net Assets 2022: $97,3532022Assets 2023: $83,128Liabilities 2023: $29,130Net Assets 2023: $53,9982023Assets 2024: $227,965Liabilities 2024: $60,216Net Assets 2024: $167,7492024Assets 2025: $289,064Liabilities 2025: $45,489Net Assets 2025: $243,5752025

Highlighted filing

2022

Assets$148,017
Liabilities$50,664
Net Assets$97,353
Open 2022 Filing

Operations Trend

Revenue Growth57th percentile

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

$1.0M$500K$0-$500KRevenue 2018: $78,000Expenses 2018: $0Net Income 2018: $78,0002018Revenue 2019: $271,847Expenses 2019: $226,016Net Income 2019: $45,8312019Revenue 2020: $386,650Expenses 2020: $437,030Net Income 2020: -$50,3802020Revenue 2021: $511,905Expenses 2021: $475,592Net Income 2021: $36,3132021Revenue 2022: $585,911Expenses 2022: $598,322Net Income 2022: -$12,4112022Revenue 2023: $522,777Expenses 2023: $566,132Net Income 2023: -$43,3552023Revenue 2024: $720,745Expenses 2024: $606,994Net Income 2024: $113,7512024Revenue 2025: $835,893Expenses 2025: $760,067Net Income 2025: $75,8262025

Highlighted filing

2022

Revenue$585,911
Expenses$598,322
Net Income-$12,411
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 6, 2023
Return Version
2021v4.2
Gross Receipts
$585,911
Mission and Program Overview

Mission

Innovation dupage is made possible by a network of academic, governmental, and business partners. We share resources, talent, and ideas as we support our growing community of local entrepreneurs and startups through education, incubation, acceleration, and collaboration

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,878$112,828▲ $78,950
Accounts Receivable$4,419$21,575▲ $17,156
Savings and Temporary Cash Investments$141,581$13,614▼ $127,967
Total Assets$179,878$148,017▼ $31,861
Liabilities
Accounts Payable and Accrued Expenses$63,447$50,664▼ $12,783
Deferred Revenue$6,667$0▼ $6,667
Total Liabilities$70,114$50,664▼ $19,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$109,764$97,353▼ $12,411
Total Net Assets Fund Balance$109,764$97,353▼ $12,411
Total Liabilities and Net Assets / Fund Balance$179,878$148,017▼ $31,861
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Travis LindermanManaging Director Through October 2021FT$96,140$96,140
Dan FacchiniManaging DirectorFT$23,077$23,077

Board Members and Trustees

NameTitle
Joseph CassidyPresident
Dr Bob ClarkDirector
Greg BedalovDirector
Meredith HannahDirector
Walter JohnsonDirector
Kristine FaySecretary
David VirgilioTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$443,780
Program Service Revenue
$141,921
Investment Income
$33
Other Revenue
$177
All Other Contributions
$39,220
Change in Net Assets
$-12,411

Audited Revenue Reconciliation

Revenue per Audited Statements
$585,911
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$585,911
Total Revenue per Form 990
$585,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$426,244
Other Expenses$172,078
Total Fundraising Expense$98,234
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$167,676$69,866$39,280$276,822
Current Officers, Directors, Trustees, and Key Employees$44,676$22,337$44,676$111,689
Payroll Taxes$16,382$7,229$6,440$30,051
Advertising$9,588$4,163$3,791$17,542
Occupancy$8,199$3,560$3,241$15,000
Conferences and Meetings-$11,981-$11,981
Fees for Services Accounting-$10,253-$10,253
Office Expenses$99$7,937$38$8,074
Other Employee Benefits$5,898$1,016$768$7,682
Travel-$2,340-$2,340
Insurance-$2,305-$2,305
Other Expenses$98,693$1,151-$1,151
Total Functional Expenses$351,211$148,877$98,234$598,322

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$598,322
Total Expenses per Audited Statements$598,322
Total Expenses per Form 990$598,322
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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 A, Line 7A

“Per the bylaws, at all times, the board of directors shall include at least three ex officio voting members appointed by the president of the college of dupage, one of whom the president of the college of dupage shall designate as chairman of the board”

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

“The federal 990 is reviewed by the managing director, director of operations, and president prior to finalizing and mailing to the irs. Board members are notified that the form has been completed prior to mailing but are not required to review”

Form 990, Part VI, Section B, Line 12

“All governing documents, conflict of interest policy, and financial statements are included in board meetings packets and available upon request to the public”

Form 990, Part VI, Section B, Line 15

“Compensation plans for all employees are reviewed by the full board of directors and must be approved by them at a regular board meeting”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Innovation Dupage
EIN
83-1137271
Phone
6309422316
Address
535 DUANE ST, GLEN ELLYN, IL 60137
Doing Business As
Innovation Dupage

Signing Officer

Name
Joseph Cassidy
Title
President
Phone
6309422316
Signed
2023-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Cassidy
Formed
2018
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
21
Volunteers
8

Preparer

Firm
Selden Fox Ltd
Address
619 ENTERPRISE DRIVE, OAK BROOK, IL 60523-8835
Preparer
Paul J Rozek
Phone
6309541400
Raw XML AppendixShowing 400 of 433 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt063447
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt050664
IRS990/AccountsReceivableGrp/BOYAmt04419
IRS990/AccountsReceivableGrp/EOYAmt021575
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INNOVATION DUPAGE IS MADE POSSIBLE BY A NETWORK OF ACADEMIC, GOVERNMENTAL, AND BUSINESS PARTNERS. WE SHARE RESOURCES, TALENT, AND IDEAS AS WE SUPPORT OUR GROWING COMMUNITY OF LOCAL ENTREPRENEURS AND STARTUPS THROUGH EDUCATION, INCUBATION, ACCELERATION, AND COLLABORATION
IRS990/AdvertisingGrp/FundraisingAmt03791
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04163
IRS990/AdvertisingGrp/ProgramServicesAmt09588
IRS990/AdvertisingGrp/TotalAmt017542
IRS990/AllOtherContributionsAmt039220
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID VIRGILIO
IRS990/BooksInCareOfDetail/PhoneNum06309423028
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0535 DUANE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0GLEN ELLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060137
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt033878
IRS990/CashNonInterestBearingGrp/EOYAmt0112828
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt044676
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt022337
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt044676
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0111689
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt011981
IRS990/ConferencesMeetingsGrp/TotalAmt011981
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0443780
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt033
IRS990/CYOtherExpensesAmt0172078
IRS990/CYOtherRevenueAmt0177
IRS990/CYProgramServiceRevenueAmt0141921
IRS990/CYRevenuesLessExpensesAmt0-12411
IRS990/CYSalariesCompEmpBnftPaidAmt0426244
IRS990/CYTotalExpensesAmt0598322
IRS990/CYTotalFundraisingExpenseAmt098234
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0585911
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt06667
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0INNOVATION DUPAGE IS A NON-PROFIT VENTURE THAT UNITES STARTUP FOUNDERS AND SMALL BUSINESS OWNERS WITH THE PEOPLE, RESOURCES, AND PROGRAMS THAT HELP THEM GROW. MEMBERS COLLABORATE ACROSS AN EXTENSIVE NETWORK OF ENTERPRISE, ACADEMIC, ECONOMIC DEVELOPMENT, AND RESEARCH PARTNERS. INNOVATION DUPAGE SUPPORTS THE STARTUP COMMUNITY, ENHANCES REGIONAL PROSPERITY, ATTRACTS WORLD-CLASS TALENT, AND DRIVES SUSTAINABLE ECONOMIC GROWTH. THE ORGANIZATION FOSTERS INNOVATION AND SUPPORTS AND ENCOURAGES THE GROWTH OF JOBS, COMPANIES AND ECONOMIC DEVELOPMENT IN DUPAGE COUNTY AND SURROUNDING MIDWEST REGION BY PROVIDING ENTREPRENEURS ACCESS TO EDUCATION AND TRAINING RESOURCES, BUSINESS AND COMMUNITY SUPPORT, CAPITAL, AND CUSTOMERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0INNOVATION DUPAGE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt021
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0306286
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010253
IRS990/FeesForServicesAccountingGrp/TotalAmt010253
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt07.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JOSEPH CASSIDY
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID VIRGILIO
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTINE FAY
IRS990/Form990PartVIISectionAGrp/PersonNm3DR BOB CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG BEDALOV
IRS990/Form990PartVIISectionAGrp/PersonNm5MEREDITH HANNAH
IRS990/Form990PartVIISectionAGrp/PersonNm6WALTER JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm7DAN FACCHINI
IRS990/Form990PartVIISectionAGrp/PersonNm8TRAVIS LINDERMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt723077
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt896140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8MANAGING DIRECTOR THROUGH OCTOBER 2021
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0404560
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0585911
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02305
IRS990/InsuranceGrp/TotalAmt02305
IRS990/InvestmentIncomeGrp/ExclusionAmt033
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INNOVATION DUPAGE IS MADE POSSIBLE BY A NETWORK OF ACADEMIC, GOVERNMENTAL, AND BUSINESS PARTNERS. WE SHARE RESOURCES, TALENT, AND IDEAS AS WE SUPPORT OUR GROWING COMMUNITY OF LOCAL ENTREPRENEURS AND STARTUPS THROUGH EDUCATION, INCUBATION, ACCELERATION, AND COLLABORATION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0109764
IRS990/NetAssetsOrFundBalancesEOYAmt097353
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0109764
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt097353
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt03241
IRS990/OccupancyGrp/ManagementAndGeneralAmt03560
IRS990/OccupancyGrp/ProgramServicesAmt08199
IRS990/OccupancyGrp/TotalAmt015000
IRS990/OfficeExpensesGrp/FundraisingAmt038
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07937
IRS990/OfficeExpensesGrp/ProgramServicesAmt099
IRS990/OfficeExpensesGrp/TotalAmt08074
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0768
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01016
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05898
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07682
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03441
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21151
IRS990/OtherExpensesGrp/ProgramServicesAmt098693
IRS990/OtherExpensesGrp/TotalAmt098693
IRS990/OtherExpensesGrp/TotalAmt13441
IRS990/OtherExpensesGrp/TotalAmt21298
IRS990/OtherExpensesGrp/TotalAmt31151
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0177
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0177
IRS990/OtherRevenueTotalAmt0177
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt039280
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt069866
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0167676
IRS990/OtherSalariesAndWagesGrp/TotalAmt0276822
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06440
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07229
IRS990/PayrollTaxesGrp/ProgramServicesAmt016382
IRS990/PayrollTaxesGrp/TotalAmt030051
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOSEPH CASSIDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/BusinessCd3611430
IRS990/ProgramServiceRevenueGrp/Desc0OWNER TO CEO
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEES FOR PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3COMMUNITY PARTNERSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt050167
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143784
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227470
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt320500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt050167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143784
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt320500
IRS990/ProgSrvcAccomActy2Grp/Desc0INNOVATION DUPAGE OFFERS A 12-WEEK PROGRAM TWICE PER YEAR, TITLED "OWNER TO CEO." THIS PROGRAM IS OFFERED TO OWNERS OF SMALL BUSINESSES WITH REVENUES IN THE $200,000 TO $2 MILLION RANGE IN ORDER TO HELP AUGMENT THEIR SKILLS IN A NUMBER OF AREAS IN ORDER TO BE MORE EFFECTIVE IN THE MANAGEMENT OF THEIR BUSINESSES. THE PROGRAM SAW A DOZEN OR SO INSTRUCTORS/EXPERTS TEACH CLASSES IN AREAS SUCH AS FINANCE, MARKETING, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND SALES. THE EXPENSE AMOUNT INCLUDED HERE REPRESENTS THE COST INCURRED TO RUN THIS PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt037675
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt050167
IRS990/ProgSrvcAccomActy3Grp/Desc0PART OF THE MISSION OF INNOVATION DUPAGE IS TO FOSTER ENTREPRENEURSHIP INTEREST AMONG COLLEGE AND HIGH SCHOOL STUDENTS. TO THAT END, PITCH COMPETITIONS ARE SPONSORED WHEREIN ASPIRING ENTREPRENEURS PRESENT THEIR BUSINESS IDEAS TO A PANEL OF INDEPENDENT JUDGES WITH SUCCESSFUL ENTREPRENEURIAL BACKGROUNDS. PRIZES ARE AWARDED TO ENCOURAGE THESE CONTESTANTS TO CONTINUE TO PURSUE THEIR ENDEAVORS. INNOVATION DUPAGE CONTRIBUTED $7,250 TOWARD SUCH PRIZE MONIES IN FY 2022.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0457369
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0311
IRS990/PYOtherExpensesAmt094702
IRS990/PYOtherRevenueAmt03392
IRS990/PYProgramServiceRevenueAmt050833
IRS990/PYRevenuesLessExpensesAmt036313
IRS990/PYSalariesCompEmpBnftPaidAmt0380890
IRS990/PYTotalExpensesAmt0475592
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0511905
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-12411
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt091754
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0141581
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013614
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER - 2020 AMOUNT: $ 3,392. 2021 AMOUNT: $ 43,784. OWNER TO CEO PROGRAM REVENUE - 2020 AMOUNT: $ 38,333. 2021 AMOUNT: $ 50,167. COMMUNITY PARTNERSHIP PROGRAM REVENUE - 2020 AMOUNT: $ 12,500. 2021 AMOUNT: $ 20,500. MEMBERSHIP DUES - 2021 AMOUNT: $ 47,470.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0443780
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0457369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0349605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0271841
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt078000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01600595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0311
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02325
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02675
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0161921
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt054225
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0216146
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01600595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0443780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0457369
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0349605
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0271841
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01600595
IRS990ScheduleA/TotalSupportAmt01819416
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0598322
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0585911
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0598322
IRS990ScheduleD/TotalRevenuePerForm990Amt0585911
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0585911
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0598322
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PER THE BYLAWS, AT ALL TIMES, THE BOARD OF DIRECTORS SHALL INCLUDE AT LEAST THREE EX OFFICIO VOTING MEMBERS APPOINTED BY THE PRESIDENT OF THE COLLEGE OF DUPAGE, ONE OF WHOM THE PRESIDENT OF THE COLLEGE OF DUPAGE SHALL DESIGNATE AS CHAIRMAN OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FEDERAL 990 IS REVIEWED BY THE MANAGING DIRECTOR, DIRECTOR OF OPERATIONS, AND PRESIDENT PRIOR TO FINALIZING AND MAILING TO THE IRS. BOARD MEMBERS ARE NOTIFIED THAT THE FORM HAS BEEN COMPLETED PRIOR TO MAILING BUT ARE NOT REQUIRED TO REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE INCLUDED IN BOARD MEETINGS PACKETS AND AVAILABLE UPON REQUEST TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PLANS FOR ALL EMPLOYEES ARE REVIEWED BY THE FULL BOARD OF DIRECTORS AND MUST BE APPROVED BY THEM AT A REGULAR BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0179878
IRS990/TotalAssetsEOYAmt0148017
IRS990/TotalAssetsGrp/BOYAmt0179878
IRS990/TotalAssetsGrp/EOYAmt0148017
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0443780
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt098234
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0148877
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0351211
IRS990/TotalFunctionalExpensesGrp/TotalAmt0598322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt070114
IRS990/TotalLiabilitiesEOYAmt050664
IRS990/TotalLiabilitiesGrp/BOYAmt070114
IRS990/TotalLiabilitiesGrp/EOYAmt050664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0109764
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt097353
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0351211
IRS990/TotalProgramServiceRevenueAmt0141921
IRS990/TotalReportableCompFromOrgAmt0119217
IRS990/TotalRevenueGrp/ExclusionAmt033
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0142098
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0585911
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0179878
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0148017
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02340
IRS990/TravelGrp/TotalAmt02340
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0535 DUANE ST
IRS990/USAddress/CityNm0GLEN ELLYN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060137
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0INNOVATIONDUPAGE.ORG

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$148,017
Liabilities
$50,664
Net assets
$97,353
Revenue
$585,911
Expenses
$598,322
Net income
-$12,411
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.89$0.45$2.44$8.36$7.60$0.76
2024Detailed filing. Detailed filing data is available for this year.$2.28$0.60$1.68$7.21$6.07$1.14
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.29$0.54$5.23$5.66$0.43
2022Detailed filing. Detailed filing data is available for this year.$1.48$0.51$0.97$5.86$5.98$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.70$1.10$5.12$4.76$0.36
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.85$0.73$3.87$4.37$0.50
2019Summary only. Only limited summary data is available for this year.$1.32$0.08$1.24$2.72$2.26$0.46
2018Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$0.00$0.78