NonprofitsFerris Wheel Innovation Center

Education

Ferris Wheel Innovation Center

FLINT, MI

Total revenue

$1.4M

Total expenses

$1.4M

Net assets

Grants received

$1.5M

16 grants

EIN

815434313

Tax year

2024

Mission

Housed in flint, michigan, we are a non-profit with a mission to relieve the innovator of the entrepreneurial burden. We know entrepreneurship can be difficult, and that's why we're here to help. As a community of student professionals, lead by a dynamic leadership team, we vet entrepreneurial ideas to provide a helping hand in business development to anyone regardless of their prior experience or background.

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue$34K
Investment income$27
Other revenue$10K
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$732K
Fundraising$28K
Other expenses$717K
Total expenses$1.4M
Total assets$571K
Net assets

People

9 listed

NameRoleCompensation

BRANDEE COOKE-BROWN

EXECUTIVE DI

Board

$79K

40 hrs/wk

JENNIFER HICKMOTT

DIRECTOR OF

Board

$70K

40 hrs/wk

TAMASHA HARROLD

DIRECTOR OF

Board

$40K

40 hrs/wk

CATHY GENTRY

DIRECTOR

Board

1 hrs/wk

PHIL HAGERMAN

DIRECTOR

Board

1 hrs/wk

DYLAN LUNA

DIRECTOR

Board

1 hrs/wk

MIA MCNEIL

DIRECTOR

Board

1 hrs/wk

MARCUS RANKINS

DIRECTOR

Board

1 hrs/wk

DAVID OLLILA

PRESIDENT

Board

1 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$250K
To support a program that will help financially challenged innovators and entrepreneurs access support that will help advance their business concepts.
2024
$120K
Operating Grant
2024
$50K
To provide mentoring and financial support to entrepreneurs working in a low-income community.
2024
$10K
PROGRAM/OPERATIONAL SUPPORT
2024
$250K
To support a program that will help financially challenged innovators and entrepreneurs access support that will help advance their business concepts.
2023
$60K
To support the development of emerging entrepreneurs in an economically challenged community through mentorship in an effort to move small businesses from startups to sustainable enterprises.
2023
$50K
To provide mentoring and financial support to entrepreneurs working in a low-income community.
2023
$250K
To support a program that will help financially challenged innovators and entrepreneurs access support that will help advance their business concepts.
2022
$50K
To provide mentoring and financial support to entrepreneurs working in a low-income community.
2022
$21K
PROGRAM AND/OR OPERATIONAL SUPPORT
2022
$8K
UNRESTRICTED
2022
$16K
Program and/or Operational Support
2021
$300K
To support a program that will help financially challenged innovators and entrepreneurs access support that will help advance their business concepts.
2020
$50K
To provide mentoring and financial support to entrepreneurs working in a low-income community.
2020
$12K
Program and/or Operational Support
2019

Funded by

$1.5M from 5 funders · 16 grants · 2019–2024

Charles Stewart Mott Foundation

$1.3M · 9 grants · 2020–2024

Prosperus Detroit Micro Lending

$120K · 1 grant · 2024

Community Foundation Of Greater Flint

$58K · 4 grants · 2019–2024

Network For Good

$8K · 1 grant · 2022

Details

EIN815434313
NTEE codeB60
Subsection03
Ruling date2017-07
Employees29
Volunteers54
FERRIS WHEEL INNOVATION CENTER — Mission, Financials & Grants Received | Grantivo