INGENUITYNE INC

BOSTON, MA, 02109 (401) 215-6540 Est. 2012 EIN 45-5482105
O50 - Youth Development Programs 990 - Public charity return 501(c)(3)
www.nefirst.org

Mission

ingenuityNE, Inc. WAS FORMED TO INSPIRE YOUNG PEOPLE TO BE SCIENCE AND TECHNOLOGY LEADERS, BY ENGAGING THEM IN EXCITING MENTOR-BASED PROGRAMS THAT BUILD SCIENCE, ENGINEERING AND TECHNOLOGY SKILLS, THAT INSPIRE INNOVATION, AND THAT FOSTER WELL-ROUNDED LIFE CAPABILITIES INCLUDING SELF-CONFIDENCE, COMMUNICATION AND LEADERSHIP.

Giving Portfolio

Total Grants
52
Total Giving
$605K
Recipients
51
Years Active
2020 - 2024
Avg grant: $28,200 Median: $10,250

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202443$410K $10K402
20232$53K $26K11
20224$36K $9K40
20212$21K $10K20
20201$86K $86K10

Sectors Funded

Education
21
Youth Development
2
Science & Technology
2

Top States

Connecticut
42
Vermont
4
Massachusetts
2
California
2
New Hampshire
1
Rhode Island
1

Grantee Size Profile

Under $100K
7
$10M - $50M
5
$100K - $500K
3
$500K - $1M
2
Over $50M
1
$5M - $10M
1

Top Grantees

Page 1 of 3
FIRST IN VERMONT INC
VT - 2 grants
$76K
CA - 2 grants
$19K
CITY OF WATERBURY
CT
$19K
SOUTH WINDSOR BOARD OF EDUCATION
CT
$16K

Grants Awarded · 27 grants

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Financials

Total Revenue
$1,815,705
Total Expenses
$1,864,138
Net Assets
$-149,656
7 employees 4,268 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
1.0 months deficit Deficit
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 29.6%
Expenses ↑ 19.6%
Revenue Sources
Contributions 67.7% Earned revenue 31.4% Other 1.0%
Expense Breakdown
Program 82.6% Management 11.7% Fundraising 5.7%

Officers & Trustees (10)

Individual compensation is available on Grow plans.

Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,815,705 ↑$1,864,138$-149,656
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$1,400,521 ↑$1,558,082$-101,223
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$1,294,064 ↑$1,259,126$56,338
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$1,178,583 ↑$1,005,435$21,400
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$645,943 ↓$522,007$-156,612
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$899,069 ↓$675,213$-265,548
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$1,035,844 ↑$1,185,467$-489,404
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$954,472 $1,014,100$-201,147

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EIN: 45-5482105 · Source: IRS Form 990 e-file data