Innovation Works Inc

BALTIMORE, MD EIN: 82-3417166 Website

THE CORPORATION WILL DEVELOP SUSTAINABLE NEIGHBORHOOD ECONOMIES IN DEPRESSED AREAS BY: IGNITING INTEREST IN SUSTAINABLE SOCIAL ENTERPRISE, HELPING INDIVIDUALS TRANSFORM CHALLENGES INTO OPPORTUNITIES, CREATING SUSTAINABLE SOCIAL ENTERPRISES, GROWING FAMILY WAGE JOBS, AND SCALING LOCAL SOLUTIONS TO NATIONAL MARKETS. TRAINING AND DEVELOPING ENTREPRENEURS WILL BE A TOP PRIORITY THROUGH PROGRAMMING AND EDUCATION.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.3M

+0.6% YoY

Annual Giving

-100.0% YoY

Grant Count

0

-100.0% YoY

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$394K$788K$1M$2M2021202220232024
Metric202420232022
Total Assets$1,342,855$1,335,001$1,246,839
Revenue$1,432,816$1,417,211$1,241,077
Expenses$1,425,938$1,280,042$965,386
Qualifying Distributions
Net Investment Income$3,232$8,797$357
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K3 grants20210 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Innovation Works Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

A JAY NWACHUCEO$145K

From 2024 filing

NameTitleHoursCompensation
A JAY NWACHUCEO40$144,502
DAN RIZZOPRESIDENT4
DR FRANK LANCEDIRECTOR4
FRANCIS KNOTTDIRECTOR14
JIM PETERSON JRDIRECTOR4
NATASHA M DARTIGUEDIRECTOR4
NKENGE YASINDIRECTOR4
PAMELA ROUSSOSDIRECTOR4
REV GREGORY CHISHOLM SJDIRECTOR4
RUSSELL JOYNERDIRECTOR4
SABRINA DEPESTREDIRECTOR4
STEPHEN ABRAMSDIRECTOR4
TERRENCE M SAWYERDIRECTOR4
TINA RODRIGUEZVICE - PRESIDENT4
NICK NAPOLITANOTREASURER4
JOHN BUSSEDIRECTOR4
ANTHONY WATTERS JRDIRECTOR4

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Baltimore

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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