NonprofitsNational Academy Of Inventors Inc

Science & Technology

National Academy Of Inventors Inc

TAMPA, FL

Total revenue

$3.7M

Total expenses

$1.9M

Net assets

$6.6M

Grants received

$278K

11 grants

EIN

272310390

Tax year

2024

Mission

The academy of inventors is 100% deevoted to instructing individuals in an effort to improve skills as inventors and instructing the public as to the benefits of innovation. The sublect matter of the education encompasses essentially the entire fields of applied science with a focus on transformative technology and academic innovation.

Programs

3 programs

Nai annual meeting the nai annual meeting is held each spring and features stimulating presentations and networling with renowned inventors from accross the us and around the world. The meeting serves as an arena where innovation and entrepresneirship in the academic world, leading local and national economic development is recognized, honoured and cultivated.

Brick and mortar is is estimated to build a physical office building in an offsite location for the foundation. The board has chosen to assign 100,000 per year to this fund until building plans etc can commence.

Grant for fees: the board has elected to fund an nai reserve for supporting memebers in hardship and retirement. This also includes member institutions who might have budget restrictions and to support support our fellows who may be unable to continue membership due to the fact that they retired and or income has changed.

Financials

FY 2024

Revenue

Contributions & grants$893K
Program service revenue$1.6M
Investment income$27K
Other revenue$1.1M
Total revenue$3.7M

Expenses

Grants paid
Salaries & benefits$626K
Fundraising$24K
Other expenses$1.3M
Total expenses$1.9M
Total assets$6.6M
Net assets$6.6M

People

11 listed

NameRoleCompensation

KENNETH BLANK

TREASURER

Board

KAREN J L BURG

DIRECTOR

Board

PIERRE COMIZZOLI PHD DVM

DIRECOR

Board

ELIZABETH DOUGHERTY

EX OFFICIO

Board

ROBERT V DUNCAN

DIRECTOR

Board

ANNA M LEESE DE ESCOBAR

EX OFFICIO

Board

DR HOWARD J FEDEROFF

VICE PRESIDE

Board

PAUL ROSENTHAL

EX OFFICIO

Board

PAUL R SANBERG

PRESIDENT

Board

DR SUDEEP SARKAR

DIRECTOR

Board

CATO T LAURENCIN MD PH D

DIRECTOR

Board

Grants received

Showing 11 of 11

FromAmountPurposeYear
$148K
GENERAL OPERATIONAL EXPENSES
2024
$2K
Digital Services Access & Affordability
2024
$77K
GENERAL OPERATIONAL EXPENSES
2023
$14K
GENERAL SUPPORT
2023
$4K
Intellectual Property Education/Support
2023
$100
SUPPORT OF DAILY OPERATIONS
2023
$30K
ENTERTAINMENT SPONSORSHIP FOR THE NAI 11TH ANNUAL MEETING
2022
$2K
Intellectual Property Education/Support
2022
$300
CHARITABLE PURPOSES OF ORGANIZATION
2020

Funded by

$278K from 7 funders · 11 grants · 2020–2024

Genspiration Foundation Inc

$225K · 2 grants · 2023–2024

The Hsieh Family Foundation

$30K · 1 grant · 2022

Top Jewish Foundation Inc

$14K · 1 grant · 2023

The Michelson 20Mm Foundation Inc

$8K · 3 grants · 2022–2024

R Michael Tanner Irrv Charitable Tr 032391

$600 · 2 grants · 2023–2024

The Siegel & Friend Foundation

$300 · 1 grant · 2020

Gegax Family Foundation

$100 · 1 grant · 2023

Details

EIN272310390
NTEE codeU20
Subsection03
Ruling date2010-08
Formed2009
Employees5
NATIONAL ACADEMY OF INVENTORS INC — Mission, Financials & Grants Received | Grantivo