Innovators Network Foundation Innovators Network

EIN: 271413020 501(c)(3) Human Services

Washington, DC

Total Revenue
$1,105,000
Total Expenses
$1,120,675
Total Assets
$942,961
Net Assets
$813,298
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DC
Principal Officer
MORGAN REED
Phone
2023312130
Tax Period
2023-01-01 to 2023-12-31

Innovators Network Foundation Innovators Network, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring.

Mission

to support the creation and advancement of high-growth innovative technology and research

Program Service Accomplishments

Program 1
Expenses: $16,972 Revenue: $195,000

Privacy Fellowship - INF privacy fellows continued to shape the policy debate on an impressive range of issues within the privacy world, spanning a wide array of formats. The fellows wrote blogs...

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Privacy Fellowship - INF privacy fellows continued to shape the policy debate on an impressive range of issues within the privacy world, spanning a wide array of formats. The fellows wrote blogs, articles, and op-eds, appeared on panels, podcasts, and as talking heads on documentary films, and were quoted in form large and small. Even as Congress continued to struggle to advance comprehensive privacy legislation, the fellows worked incredibly hard to display their thought-leadership on a diverse set of issues spanning state, federal, and international levels, including: privacy labeling,privacy security hygiene,implications of state privacy laws,facial recog, algorithmic decision-making, deepfakes, just to name a few.

Program 2
Expenses: $211,346 Revenue: $260,000

Frand/IP - Copyright Partners - INF ntellectual Property Fellows cont to shape policy debate on SEP law and policy around the globe via written pieces and speaking engagements. Fellows wrote blogs...

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Frand/IP - Copyright Partners - INF ntellectual Property Fellows cont to shape policy debate on SEP law and policy around the globe via written pieces and speaking engagements. Fellows wrote blogs, articles and papers, appeared on panels at well-regarded IP events and were quoted in key publications. INF also played a pivotal role in supporting the small business community through its advocacy in Congress, federal agencies, and internationally on key copyright issues. INF maxamized opportunities to support strong copyright protections through targeted meetings with lawmakers and staff, filings with agencies in the United States, European Union (EU), and Canada.

Program 3
Expenses: $342,070 Revenue: $357,500

Competition/Anti-trust - supports and garners the academic scholarship of its expert fellows (i.e., law professors, economists, and industry leaders) who positively advance the public debate of...

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Competition/Anti-trust - supports and garners the academic scholarship of its expert fellows (i.e., law professors, economists, and industry leaders) who positively advance the public debate of antitrust/ competition policy in the digital market. Policymakers at all levels across the globe are focused on how competition policy interacts with or should interact with modern digital markets, characterized by the entry of large platform marketplaces of digital goods and services. Our fellows work to educate policymakers and legislators grappling with the wide range of sometimes conflicting policy objectives and concerns surrounding the curation of a healthy competitive online marketplace.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $90,000
Program Service Revenue $1,015,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,105,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $340,406
Fundraising Expenses $0
Program Expenses $570,388
Other Expenses $780,269
TOTAL EXPENSES $1,120,675

Year-over-Year Comparison

2023 2022 Change
Revenue $1,105,000 $2,331,125 -0.5%
Expenses $1,120,675 $1,530,750 -0.3%
Net Income $-15,675 $800,375 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$1,095,693
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN ZUCK Director of Future Wor 50.00
Director
$144,000 $4,320 $148,320
MORGAN REED President 5.000
Director
$0 $146,150 $615,950
RENE ADAM CFO 5.000
Director
$0 $88,294 $331,423
CHELSEA THOMAS Executive Director 0.100
Highest
$0 $95,958 $419,558
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,105,000 $1,120,675 $942,961 $-15,675
2022 $2,331,125 $1,530,750 $833,028 $800,375
2021 $971,791 $924,982 $99,176 $46,809
2020 $972,562 $1,046,320 $90,360 $-73,758
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