NonprofitsInnovation Portal Inc

Community Improvement & Capacity Building

Innovation Portal Inc

MOBILE, AL

Total revenue

$1.7M

Total expenses

$1.4M

Net assets

$7.3M

Grants received

$7.3M

3 grants

EIN

823400545

Tax year

2023

Mission

Innovation portal is a non-profit incubator and innovation hub accelerating startup growth in the gulf coast region that provides targeted economic development research and programming to encourage successful launch, development, and scaling of local ventures that benefit the community. Innovation portal is recognized as a qualified local economic development organization as defined by the innovating alabama act, section 41-10-840, et seq., code of alabama.

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue$344K
Investment income$2K
Other revenue$192K
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits$407K
Fundraising$53K
Other expenses$1.0M
Total expenses$1.4M
Total assets$8.8M
Net assets$7.3M

People

19 listed

NameRoleCompensation

TODD GREER

EXECUTIVE DIRECTOR

Board

$162K

40 hrs/wk

ELIZABETH THOMAS

DIRECTOR

Board

1 hrs/wk

HAYLEY VAN ANTWERP

FOUNDING EXECUTIVE DIRECTOR

Board

1 hrs/wk

HENRY O'CONNOR

BOARD CHAIR

Board

1 hrs/wk

MICHAEL CHAMBERS

DIRECTOR

Board

1 hrs/wk

NEIL CHRISTOPHER

TREASURER

Board

1 hrs/wk

KRISTI GALLOWAY

DIRECTOR

Board

1 hrs/wk

ABE HARPER

DIRECTOR

Board

1 hrs/wk

GEORGE HUNTER

DIRECTOR

Board

1 hrs/wk

WES CRONKITE

BOARD VICE CHAIR

Board

1 hrs/wk

TRICE STABLER

DIRECTOR

Board

1 hrs/wk

MIKE STASHAK

DIRECTOR

Board

1 hrs/wk

MEL WASHINGTON

DIRECTOR

Board

1 hrs/wk

GIA WIGGINS

DIRECTOR

Board

1 hrs/wk

MATT ZARZOUR

DIRECTOR

Board

1 hrs/wk

HUNTER ADAMS

DIRECTOR

Board

1 hrs/wk

ANITRA HENDERSON

DIRECTOR

Board

1 hrs/wk

PATRICK SEALS

DIRECTOR

Board

1 hrs/wk

FRANK LOTT

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$100K
PROGRAM SUPPORT
2024
$7.2M
INNOVATION PORTAL TO BE A SEPARATE ENTITY
2023
$50K
GENERAL SUPPORT
2023

Funded by

$7.3M from 3 funders · 3 grants · 2023–2024

Mobile Area Chamber Of Commerce

$7.2M · 1 grant · 2023

J L Bedsole Foundation

$100K · 1 grant · 2024

Regions Foundation

$50K · 1 grant · 2023

Details

EIN823400545
NTEE codeS30
Subsection03
Ruling date2018-12
Formed2017
Employees5
Volunteers45
INNOVATION PORTAL INC — Mission, Financials & Grants Received | Grantivo