Overview
What is Ohio Network For Innovation?
Ohio Network for Innovation is a nonprofit organization situated in Mount Vernon, Ohio. Their primary mission is to establish and manage a sharing center network, fostering innovation and funding opportunities. This network aims to enhance the interconnectivity of communities, particularly those involving individuals with disabilities. The organization's goal is to support and improve the overall cohesion and resources available within these communities. With a workforce of approximately 50 employees, Ohio Network for Innovation is committed to making a significant impact in fostering an inclusive and collaborative environment.
Official website here: www.ohionetworkforinnovation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Ohio Network For Innovation holds a solid Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health. With a score of 77%, the organization demonstrates transparency and a commitment to ethical practices, reflected in its perfect scores for independent board membership and the presence of key policies such as conflict of interest and whistleblower protections.
Strengths of the organization include its full compliance with documentation requirements and its impressive program expense ratio of 100%, suggesting that all funds are directed towards its mission-related activities. Additionally, the organization has no liabilities, which contributes positively to its financial stability and showcases a strong management of its resources.
However, while the ratings reflect strengths in governance and financial management, potential donors may wish to investigate further into the organization's programs and impact to gain a holistic understanding of its effectiveness in the community it serves. Overall, the Ohio Network For Innovation appears to be a trustworthy nonprofit with a solid foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Network For Innovation legitimate?
Ohio Network For Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Network For Innovation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $570,998
For more financial information, click here
Official website here: www.ohionetworkforinnovation.com
What is the mission statement of Ohio Network For Innovation?
The Ohio Network for Innovation's mission is to establish and manage a sharing center network, promoting innovation and funding opportunities. This network aims to enhance the interconnectivity of communities, particularly those including individuals with disabilities. The objective is to foster a supportive environment that encourages the exploration of new ideas and funding options, thereby fostering a more inclusive and interconnected community.
Official website here: www.ohionetworkforinnovation.com
What is the revenue of Ohio Network For Innovation?
Ohio Network For Innovation's revenue in 2023 was $1,327,704.
Official website here: www.ohionetworkforinnovation.com
Who are the executives of Ohio Network For Innovation and what are their salaries?
The average compensation at Ohio Network For Innovation during 2023 was $9,678. There are 59 employees at Ohio Network For Innovation.
Here are 5 key members and their salaries:
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Official website here: www.ohionetworkforinnovation.com
Where can I find the form 990 for Ohio Network For Innovation?
Ohio Network For Innovation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ohionetworkforinnovation.com
Learn more at the official website: www.ohionetworkforinnovation.com
Mission Statement of Ohio Network For Innovation
Ohio Network for Innovation, a notable organization, is committed to developing and operating a sharing center network. The primary objective of this network is to support innovation and funding options, thereby enhancing the interconnectivity of communities, particularly those including individuals with disabilities. This mission aims to foster a cooperative environment where resources and ideas can be shared, thereby promoting progress and advancement within these communities. By establishing this network, Ohio Network for Innovation aims to create a more connected and inclusive society, where innovation and funding opportunities are readily available to all, regardless of ability.
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Impact
July, 2024
Ohio Network For Innovation's impact lies in its commitment to developing and operating a sharing center network that supports innovation and funding options to enhance the interconnectivity of communities, including individuals with disabilities. Through their work, they facilitate collaboration, create opportunities for growth and development, and foster inclusivity within communities. Their mission drives positive change by promoting innovation and connectivity, ultimately creating a more supportive and empowering environment for all individuals, including those with disabilities.
This information is meant to be a general summary of Ohio Network For Innovation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$4,674
- Program Service Revenue: $652,948
- Gross Receipts: $1,327,704
Assets and Liabilities:
- Total Assets: $2,638,348
- Total Liabilities: $0
- Net Assets: $2,638,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WAIVER SERVICE INCOME
Revenue
$193,608
RENTAL INCOME
Revenue
$159,758
EMPLOYMENT SERVICES
Revenue
$147,092
PAYEESHIP NON-WAIVER PORTION
Revenue
$70,521
PROVIDER NURSING SERVICES
Revenue
$43,887
Organization Details
Founding Year
2018
Principal Officer
Josh Young
NTEE Category
Code: L80 - Housing
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