NonprofitsInnovation Institute For Tomorrow Inc

Education

Innovation Institute For Tomorrow Inc

OIL CITY, PA

Total revenue

$343K

Total expenses

$362K

Net assets

$95K

Grants received

EIN

854226575

Tax year

2024

Mission

The innovation institute for tomorrow provides sustainable, world-class stem education opportunities to every child to perpare them for 21st century careers. With a focus on equity & access, the institute strives to turn the rust belt to the smart belt through robotics, ai & computer science. The innovation institute's network of partnerships is composed of k-12 schools, colleges & universities, business & industry, government, nonprofits, educational robotics companies, workforce & economic development agencies.

Financials

FY 2024

Revenue

Contributions & grants$122K
Program service revenue$221K
Investment income$22
Other revenue$100
Total revenue$343K

Expenses

Grants paid
Salaries & benefits$166K
Fundraising$44
Other expenses$196K
Total expenses$362K
Total assets$99K
Net assets$95K

People

10 listed

NameRoleCompensation

TIMOTHY HEFFERNAN

PRESIDENT/CEO

Board

$88K

40 hrs/wk

RACHEL BURCIN

TRUSTEE

Board

1 hrs/wk

ALBERT ABRAMOVIC

TRUSTEE

Board

1 hrs/wk

WILLIAM VONADA

TRUSTEE

Board

1 hrs/wk

MATTHEW LAVERDE

TRUSTEE

Board

1 hrs/wk

JILL FOYS

TRUSTEE

Board

1 hrs/wk

TIMOTHY JAMES

TRUSTEE

Board

1 hrs/wk

HAYDEN RIGO

TRUSTEE

Board

1 hrs/wk

SARAH PISTELLA

TRUSTEE

Board

0

CHARLES ROSEN

TRUSTEE

Board

1 hrs/wk

Details

EIN854226575
NTEE codeB90
Subsection03
Ruling date2022-03
Formed2020
Employees10
Volunteers0
INNOVATION INSTITUTE FOR TOMORROW INC — Mission, Financials & Grants Received | Grantivo