Bounce Innovation Hub

Community development organization based in Akron, OH. 26 employees. Exempt under §501(c)(3).

MissionBOUNCE CATALYZES ENTREPRENEURSHIP AND INNOVATION BY PROVIDING CONNECTIONS, RESOURCES AND EXPERTISE TO BUILD A VIBRANT COMMUNITY FOR ALL. BOUNCE PROVIDES SERVICES AND TECHNICAL ASSISTANCE TO EARLY STAGE AND SMALL BUSINESSES.

EIN
82-3351373
State
OH
Sector
Community development
Budget band
$2.5M–$5M
Latest filing
TY 2024
Records
3 officers · 6 years

Financial snapshot · TY 2024

$4.0M
Total revenue
$3.7M
Total expenses
$2.7M
Net assets

Financial health · TY 2024

55
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
30
5.4 months of expenses
Program efficiency
70
78.2% spent on programs
Revenue diversity
75
Mix of program fees, grants & contributions

Leadership compensation

$247,625
82th percentile vs. peers
$141,375
62th percentile vs. peers
$85,844
15th percentile vs. peers

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Bounce Innovation Hub Executive Compensation | 990 Data | DoubleNine