EIN 82-3865130

Idea Works

IRS 501(c) type
501(c)(3)
Num. employees
2
State
Year formed
2017
Most recent tax filings
2023-12-01
Description
Idea Works provides aspiring entrepreneurs of all ages with education, resources, mentorship, and a shared workspace community. Its mission is to become a critical center of gravity for entrepreneurial development, ultimately helping businesses start, develop, and thrive.
Total revenues
$171,636
2023
Total expenses
$243,684
2023
Total assets
$61,501
2023
Num. employees
2
2023

Program areas at Idea Works

The Organization strives every day to nurture entrepreneurs providing them with the space they need to help turn their ideas into successful businesses. At Idea Works, we offer a variety of coworking spaces, a state of the art podcast studio.
The Organization provides space in the Entrepreneur's Kitchen to support food-based businesses.

Who funds Idea Works

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Richland County FoundationGeneral Support$30,000

Personnel at Idea Works

NameTitleCompensation
Carlton FernyakPresident and Chief Executive Officer$0
Jay AllredSecretary$0
Annamarie FernyakVice President$0

Financials for Idea Works

RevenuesFYE 12/2023
Total grants, contributions, etc.$35,199
Program services$136,434
Investment income and dividends$3
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$0
Total revenues$171,636

Form 990s for Idea Works

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
...and 1 more Form 990

Organizations like Idea Works

OrganizationLocationRevenue
Can-Do KalamazooKalamazoo, MI$853,034
Northwest Tennessee EntrepreneurshipDyersburg, TN$101,975
The Philadelphia Fashion IncubatorPhiladelphia, PA$104,525
Assets ToledoToledo, OH$111,721
Unlimited FutureHuntington, WV$366,491
Startup ColoradoSilverthorne, CO$456,575
Chicago Fashion IncubatorChicago, IL$114,325
Fashion Incubator San FranciscoSan Francisco, CA$83,907
The 1909 FoundationWest Palm Beach, FL$691,483
Project ReapBoston, MA$536,741
Data update history
January 28, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 14, 2025
Used new vendors
Identified 1 new vendor, including
January 3, 2025
Received grants
Identified 1 new grant, including a grant for $30,000 from Richland County Foundation
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Business and community development organizationsSchoolsCharities
Issues
EducationBusiness and industry
Characteristics
MembershipsState / local levelTax deductible donationsAccepts online donations
General information
Address
144 W Third St
Mansfield, OH 44902
Metro area
Mansfield, OH
County
Richland County, OH
Website URL
ideaworksohio.com/ 
Phone
(419) 565-4495
IRS details
EIN
82-3865130
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
Free account sign-up

Want updates when Idea Works has new information, or want to find more organizations like Idea Works?

Create free Cause IQ account