Idea Foundry

Community development organization based in Pittsburgh, PA. 4 employees. Exempt under §501(c)(3).

MissionTO FOSTER INNOVATION, NEW COMPANY CREATION AND JOB GROWTH IN THE WESTERN PENNSYLVANIA AREA.

Financial snapshot · TY 2024

$826K
Total revenue
$979K
Total expenses
$1.6M
Net assets

Financial health · TY 2024

84
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
92
16.6 months of expenses
Program efficiency
76
80.2% spent on programs
Revenue diversity
86
Mix of program fees, grants & contributions

Leadership compensation

Michael M Matesic
DIRECTOR & CEO
$178,929
95th percentile vs. peers

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Idea Foundry Executive Compensation | 990 Data | DoubleNine