Octane Foundation for Innovation

Community development organization based in Newport Beach, CA.0 Exempt under §501(c)(3).

MissionOCTANE FOUNDATION FOR INNOVATION (OFI) IS TARGETED TO ADVANCE EQUITY, DIVERSITY, AND INCLUSIVENESS ACROSS ALL INDUSTRY SECTORS WITH THE MISSION OF GROWING & STRENGTHENING THE SOUTHERN CALIFORNIA INNOVATION ECOSYSTEM BY CREATING JOBS, SCALING STARTUPS, AND DEVELOPING BUSINESSES.

EIN
90-0176361
State
CA
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2023
Records
1 officers · 2 years

Financial snapshot · TY 2023

$1.1M
Total revenue
$1.4M
Total expenses
$1.9M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-5.8 months of expenses
Program efficiency
100
100% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Zeeshan Subzwari
MANAGING DIRECTOR
$263,495
94th percentile vs. peers

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