Nonprofits›Innovation Works Inc

Community Improvement & Capacity Building

Innovation Works Inc

BALTIMORE, MD

WebsiteView as a funder

Total revenue

$1.4M

Total expenses

$1.4M

Net assets

$1.3M

Grants received

$4.0M

80 grants

EIN

823417166

Tax year

2023

Mission

Reduce baltimore's neighborhood and racial wealth divide. Teach members of disinvested communities how to build and own successful social enterprises that create sustainable neighborhood economies and result in better family living, more resilient neighborhoods and a safer more vibrant city.

Programs

2 programs

Strategic initiatives, focused on sector-based economic development.

Expenses: $106K

Program support contracts, for organizational capacity development including curriculum development and impact data measurement.

Expenses: $234KGrants: $1K

Financials

FY 2023

Revenue

Contributions & grants$1.4M
Program service revenue—
Investment income$3K
Other revenue—
Total revenue$1.4M

Expenses

Grants paid$5K
Salaries & benefits$966K
Fundraising$295K
Other expenses$455K
Total expenses$1.4M
Total assets$1.3M
Net assets$1.3M

People

17 listed

NameRoleCompensation

A JAY NWACHU

CEO

Board

$145K

40 hrs/wk

DAN RIZZO

PRESIDENT

Board

—

4 hrs/wk

DR FRANK LANCE

DIRECTOR

Board

—

4 hrs/wk

FRANCIS KNOTT

DIRECTOR

Board

—

14 hrs/wk

JIM PETERSON JR

DIRECTOR

Board

—

4 hrs/wk

NATASHA M DARTIGUE

DIRECTOR

Board

—

4 hrs/wk

NKENGE YASIN

DIRECTOR

Board

—

4 hrs/wk

PAMELA ROUSSOS

DIRECTOR

Board

—

4 hrs/wk

REV GREGORY CHISHOLM SJ

DIRECTOR

Board

—

4 hrs/wk

RUSSELL JOYNER

DIRECTOR

Board

—

4 hrs/wk

SABRINA DEPESTRE

DIRECTOR

Board

—

4 hrs/wk

STEPHEN ABRAMS

DIRECTOR

Board

—

4 hrs/wk

TERRENCE M SAWYER

DIRECTOR

Board

—

4 hrs/wk

TINA RODRIGUEZ

VICE - PRESIDENT

Board

—

4 hrs/wk

NICK NAPOLITANO

TREASURER

Board

—

4 hrs/wk

JOHN BUSSE

DIRECTOR

Board

—

4 hrs/wk

ANTHONY WATTERS JR

DIRECTOR

Board

—

4 hrs/wk

Grants received

Showing 80 of 80

FromAmountPurposeYear
JPMORGAN CHASE FOUNDATION
$394K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2024
THE MORRIS GOLDSEKER FOUNDATION
$81K
SUPPORTING GRANT
2024
THE JOSEPH MEYERHOFF FUND INC
$67K
UNRESTRICTED
2024
BALTIMORE COMMUNITY FOUNDATION INC
$56K
GENERAL SUPPORT AND VARIOUS PROJECTS
2024
T ROWE PRICE FOUNDATION
$50K
FINANCIAL WELL-BEING
2024
SULLIVAN FAMILY FOUNDATION INC
$50K
FUNDING FOR EDUCATIONAL PROGRAMS
2024
T ROWE PRICE PROGRAM FOR CHARITABLE
$40K
MULTIPLE
2024
COMMUNITY FOUNDATION OF WESTERN
$20K
PROGRAM SUPPORT
2024
THE ABELL FOUNDATION INC
$19K
COMMUNITY DEVELOPMENT
2024
ROBERT W DEUTSCH FOUNDATION
$10K
GENERAL OPERATING GRANT
2024
JPMORGAN CHASE FOUNDATION
$200K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2023
THE HARRY AND JEANETTE WEINBERG
$125K
TO SUPPORT INNOVATION WORKS EFFORTS TO EXPAND ECONOMIC MOBILITY VIA PROGRAMS AND SERVICES THAT CONNECT RESIDENTS WITH ECONOMIC OPPORTUNITIES IN HIGH GROWTH AREAS.
2023
The Bank of America Charitable Foundation Inc
$100K
PROGRAM/OPERATING SUPPORT
2023
WEST BALTIMORE RENAISSANCE FOUNDATION INC
$100K
GENERAL SUPPORT
2023
THE MORRIS GOLDSEKER FOUNDATION
$80K
SUPPORTING GRANT
2023
THE BUNTING FAMILY FOUNDATION
$65K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
The Chicago Community Trust
$50K
General support for programs, operations and other charitable purposes
2023
BALTIMORE COMMUNITY FOUNDATION INC
$50K
GENERAL SUPPORT AND VARIOUS PROJECTS
2023
FULTON FORWARD FOUNDATION
$50K
Enterprise Pipeline
2023
T ROWE PRICE FOUNDATION
$44K
FINANCIAL WELL-BEING
2023
T ROWE PRICE PROGRAM FOR CHARITABLE
$40K
MULTIPLE
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$26K
For grant recipient's exempt purposes
2023
THE ABELL FOUNDATION INC
$25K
COMMUNITY DEVELOPMENT
2023
COMMUNITY FOUNDATION OF WESTERN
$25K
PROGRAM SUPPORT
2023
ASSOCIATED JEWISH CHARITIES OF BALTIMORE
$12K
GENERAL SUPPORT
2023
DONOR ADVISED CHARITABLE GIVING INC
$10K
PUBLIC, SOCIETAL BENEFIT
2023
THE MORRIS A AND CLARISSE B
$10K
SUPPORTING GRANT
2023
SOUTHWAY BUILDERS CHARITABLE TRUST INC
$3K
UNRESTRICTED GRANT
2023
BALTIMORE COMMUNITY FOUNDATION INC
$230K
GENERAL SUPPORT AND VARIOUS PROJECTS
2022
WEST BALTIMORE RENAISSANCE FOUNDATION INC
$100K
GENERAL SUPPORT
2022
The Bank of America Charitable Foundation Inc
$100K
PROGRAM/OPERATING SUPPORT
2022
THE MORRIS GOLDSEKER FOUNDATION
$65K
SUPPORTING GRANT
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$63K
For grant recipient's exempt purposes
2022
T ROWE PRICE PROGRAM FOR CHARITABLE
$62K
MULTIPLE
2022
THE BUNTING FAMILY FOUNDATION
$55K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
The Chicago Community Trust
$50K
General Operating Support
2022
ROCKEFELLER PHILANTHROPY ADVISORS INC
$38K
GENERAL
2022
T ROWE PRICE FOUNDATION
$35K
FINANCIAL WELL-BEING
2022
4K Foundation Inc
$33K
To reduce Baltimore's neighborhood and racial wealth divide by teaching and accompanying members of disinvestted communities to build and own successful social enterprrises that create sustainable neighborhood economies.
2022
COMMUNITY FOUNDATION OF WESTERN
$25K
PROGRAM SUPPORT
2022
4K Foundation Inc
$25K
To reduce Baltimore's neighborhood and racial wealth divide by teaching and accompanying members of disinvestted communities to build and own successful social enterprrises that create sustainable neighborhood economies.
2022
NATIONAL PHILANTHROPIC TRUST
$25K
PUBLIC, SOCIETAL BENEFIT
2022
DONOR ADVISED CHARITABLE GIVING INC
$25K
PUBLIC, SOCIETAL BENEFIT
2022
THE ABELL FOUNDATION INC
$25K
COMMUNITY DEVELOPMENT
2022
FRANCE-MERRICK FOUNDATION INC
$24K
GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION.
2022
FRANCE-MERRICK FOUNDATION INC
$24K
GRANTS ARE TO BE USED IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION.
2022
ASSOCIATED JEWISH CHARITIES OF BALTIMORE
$13K
GENERAL SUPPORT
2022
TRANSPARENT FISH FUND INC
$10K
URBAN FARMING AND NATURAL DYE IN BALTIMORE, MD
2022
ROBERT W DEUTSCH FOUNDATION
$10K
GENERAL OPERATING GRANT
2022
THE COLE FOUNDATION INC
$4K
CREATE SUSTAINABLE ECONOMIES
2022
Annie E Casey Foundation Inc
$2K
CHARITABLE CONTRIBUTION THROUGH THE MATCHING GIFTS PROGRAM
2022
WEST BALTIMORE RENAISSANCE FOUNDATION INC
$100K
GENERAL SUPPORT
2021
T ROWE PRICE PROGRAM FOR CHARITABLE
$63K
GENERAL OPERATING
2021
The Chicago Community Trust
$50K
General operating support
2021
The Chicago Community Trust
$50K
General operating support
2021
Ping and Amy Chao Family Foundation
$40K
Nature's Color
2021
THE REGINALD F LEWIS FOUNDATION INC
$25K
ADDRESS PERSISTENT POVERTY ACROSS BALTIMORE AND SUPPORT TRANSFORMATIVE SOLUTIONS FOR SAME
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$21K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$21K
For grant recipient's exempt purposes
2021
DONOR ADVISED CHARITABLE GIVING INC
$17K
PUBLIC, SOCIETAL BENEFIT
2021
ASSOCIATED JEWISH CHARITIES OF BALTIMORE
$10K
GENERAL SUPPORT
2021
The Chicago Community Trust
$100K
TO SUPPORT INNOVATION WORKS, AND IGNITE FUND
2020
Ping and Amy Chao Family Foundation
$55K
Reclaimed Urban Wood Products and Natural Dye Textile Fabrication fund
2020
THE MORRIS GOLDSEKER FOUNDATION
$50K
SUPPORTING GRANT
2020
T ROWE PRICE PROGRAM FOR CHARITABLE
$38K
GENERAL OPERATING
2020
BALTIMORE COMMUNITY FOUNDATION INC
$36K
GENERAL SUPPORT AND VARIOUS PROJECTS
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$33K
For grant recipient's exempt purposes
2020
T ROWE PRICE FOUNDATION
$25K
FINANCIAL WELL-BEING
2020
THE REGINALD F LEWIS FOUNDATION INC
$25K
ADDRESS PERSISTENT POVERTY ACROSS BALTIMORE AND SUPPORT TRANSFORMATIVE SOLUTIONS FOR SAME
2020
DONOR ADVISED CHARITABLE GIVING INC
$22K
PUBLIC, SOCIETAL BENEFIT
2020
TRANSPARENT FISH FUND INC
$15K
TECHNOLOGY, BUSINESS.
2020
ASSOCIATED JEWISH CHARITIES OF BALTIMORE
$10K
GENERAL SUPPORT
2020
GS DONOR ADVISED PHILANTHROPY FUND
$10K
COMMUNITY & HUMAN SERVICES
2020
The Chicago Community Trust
$100K
TO SUPPORT IGNITE CAPITAL, AND GENERAL OPERATING SUPPORT
2019
Ping and Amy Chao Family Foundation
$85K
Reclaimed Urban Wood Products and Natural Dye Textile Fabrication program
2019
ASSOCIATED JEWISH CHARITIES OF BALTIMORE
$13K
GENERAL SUPPORT
2019
DONOR ADVISED CHARITABLE GIVING INC
$7K
PUBLIC, SOCIETAL BENEFIT
2019
The Chicago Community Trust
$50K
GENERAL OPERATING SUPPORT
2018
ASSOCIATED JEWISH CHARITIES OF BALTIMORE
$13K
GENERAL SUPPORT
2018
The Chicago Community Trust
$50K
GENERAL OPERATING SUPPORT
2017

Funded by

$4.0M from 31 funders · 80 grants · 2017–2024

Jpmorgan Chase Foundation

$594K · 2 grants · 2023–2024

The Chicago Community Trust

$500K · 8 grants · 2017–2023

Baltimore Community Foundation Inc

$372K · 4 grants · 2020–2024

West Baltimore Renaissance Foundation Inc

$300K · 3 grants · 2021–2023

The Morris Goldseker Foundation

$276K · 4 grants · 2020–2024

T Rowe Price Program For Charitable

$241K · 5 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$200K · 2 grants · 2022–2023

Ping and Amy Chao Family Foundation

$180K · 3 grants · 2019–2021

Details

EIN823417166
NTEE codeS31
Subsection03
Ruling date2018-05
Formed2017
Employees14
Volunteers106
INNOVATION WORKS INC — Mission, Financials & Grants Received | Grantivo