EIN 81-5434313

100k Ideas

IRS 501(c) type
501(c)(3)
Num. employees
33
City
Year formed
2017
Most recent tax filings
2022-12-01
Description
100k Ideas is a non-profit organization based in Flint, Michigan whose mission is to relieve the burden of entrepreneurship for innovators. They are a community of student professionals, lead by a dynamic team. Their Ferris Wheel Innovation Center program aims to foster interest in STEAM by providing practical training and experimental education to students who assist inventors and innovators.
Also known as...
Ferris Wheel Innovation Center
Total revenues
$660,956
2022
Total expenses
$881,777
2022
Total assets
$399,602
2022
Num. employees
33
2022

Program areas at 100k Ideas

Ferris Wheel Innovation Center program is designed to foster interest in s.t.e.a.m. (science, technology, engineering, arts, and math) by providing experimental education and practical training to students as they are guided in aiding inventors, innovators and entrepreneurs in bringing products from concept to market, and to promote economic stability in flint, Michigan through Innovation and entrepreneurism.

Grants made by 100k Ideas

GranteeAmount
Regents of the University of Michigan$30,000

Who funds 100k Ideas

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charles Stewart Mott FoundationTo Support A Program That Will Help Financially Challenged Innovators and Entrepreneurs Access Support That Will Help Advance Their Business Concepts.$250,000
Charles Stewart Mott FoundationTo Provide Mentoring and Financial Support To Entrepreneurs Working in A Low-Income Community.$50,000
Ruth Mott Foundation100k North Flint Programming Initiative 2022$40,000
...and 2 more grants received

Personnel at 100k Ideas

NameTitleCompensation
Brandee Cooke-BrownExecutive Director$86,157
Jennifer HickmottDirector of Operations / Operations Manager
Darrell WilliamsDirector of$76,915
David OllilaPresident$0
Brandee CookePast Executive Director / Director of Operations$0
...and 5 more key personnel

Financials for 100k Ideas

RevenuesFYE 12/2022
Total grants, contributions, etc.$632,224
Program services$26,778
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,954
Total revenues$660,956

Form 990s for 100k Ideas

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-06990View PDF
2021-122022-06-27990View PDF
2020-122021-11-11990View PDF
2019-122021-02-17990View PDF
2018-122020-01-14990View PDF
...and 1 more Form 990
Data update history
December 23, 2023
Received grants
Identified 4 new grant, including a grant for $300,000 from Charles Stewart Mott Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
SchoolsAdult education providersFamily service centersCharities
Issues
Education
Characteristics
Tax deductible donations
General information
Address
601 Saginaw St
Flint, MI 48502
Metro area
Flint, MI
Website URL
100kideas.org/ 
Phone
(810) 213-4720
IRS details
EIN
81-5434313
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B60: Adult, Continuing Education
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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