2023-11-15T07:45:18-06:00 2022-12-31 363168081 SIKICH LLP 274 WHITE POND DRIVE AKRON OH 443201118 990 2022-01-01 823351373 BOUNCE INNOVATION HUB BOUN 3307857403 526 S MAIN ST 609E AKRON OH 44311 JESSICA SUBLETT CEO 3307857403 2023-11-14 1 JESSICA SUBLETT 999009999 0 BRIDGETTE MUGGE P00671418 3308646661 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JESSICA SUBLETT 526 S MAIN ST 609E AKRON OH 44311 3210333 0 X BOUNCEHUB.ORG X 2017 OH PROVIDE SERVICES AND PROGRAMS TO ANYONE WITH A MIND FOR INNOVATION TO MAKE THEIR VISIONS A REALITY. 8 8 19 10 0 0 2188276 2108580 912759 1080368 -6391 6331 2200 5535 3096844 3200814 0 33250 0 0 1702943 2183932 0 0 237344 1498365 1315865 3201308 3533047 -104464 -332233 1997526 1749505 758571 842783 1238955 906722 BOUNCE CATALYZES ENTREPRENEURSHIP AND INNOVATION BY PROVIDING CONNECTIONS, RESOURCES AND EXPERTISE TO BUILD A VIBRANT COMMUNITY. BOUNCE PROVIDES SERVICES AND TECHNICAL ASSISTANCE TO EARLY STAGE AND SMALL BUSINESSES. 0 0 1423168 33250 1080368 ENTREPRENEURIAL SERVICE PROVIDER (ESP) PROGRAM:THE ESP PROGRAM AT BOUNCE COMPRISES A TECHNOLOGY INCUBATOR AND SOFTWARE ACCELERATOR. BOUNCE'S INCUBATOR PROGRAM OFFERS AFFORDABLE OFFICE, LAB, AND LIGHT MANUFACTURING SPACE COUPLED WITH EXPERT BUSINESS COUNSELING AND ADVISING, MENTORING SERVICES, AND NETWORKING OPPORTUNITIES. BOUNCE'S SOFTWARE ACCELERATOR PROGRAM PROVIDES ADVISING, TECHNICAL ASSISTANCE, COACHING, AND NETWORKING OPPORTUNITIES TO EARLY STAGE SOFTWARE COMPANIES IN ORDER TO ASSIST THEM IN DEVELOPING AND LAUNCHING THEIR FIRST MINIMUM VIABLE PRODUCT. IN 2022, BOUNCE SERVED 43 INCUBATOR CLIENTS AND 31 SOFTWARE ACCELERATOR CLIENTS. 597731 GENERATOR SPACE:BOUNCE'S GENERATOR SPACE CONSISTS OF A PUBLIC COWORKING SPACE, CONFERENCE ROOMS, EVENT SPACE, WORKSHOP, AND CAF. IN 2022, 16,600 PEOPLE VISITED THE BOUNCE FACILITY FOR EVENTS, NETWORKING, AND MEETINGS WITH RESIDENT COMPANIES. THE GENERATOR IS DESIGNED TO CONNECT THE COMMUNITY, CORPORATIONS, AND UNIVERSITIES WITH THE ENTREPRENEURIAL ECOSYSTEM AND TO FACILITATE MEANINGFUL COLLISIONS THAT CATALYZE ECONOMIC DEVELOPMENT. 825437 GROW:BOUNCE'S GROW PROGRAM SERVES SMALL BUSINESSES THROUGH COHORT TRAINING CLASSES, ONE-ON-ONE BUSINESS COUNSELING, AND NETWORKING OPPORTUNITIES. THE GROW PROGRAM IS FOCUSED ON SERVING MINORITY ENTREPRENEURS AND PEOPLE OF COLOR, PARTICULARLY THOSE WHO ARE HISTORICALLY UNDERREPRESENTED AS BUSINESS OWNERS. 2846336 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 35 0 19 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X JESSICA SUBLETT 3307857403 526 S MAIN ST 609E AKRON OH 44311 HANS DORFI BOARD CHAIR 4.00 X X 0 0 0 JOHN DEARBORN TREASURER 3.00 X X 0 0 0 BRADLEY HELFMAN ASSISTANT SECRETARY 3.00 X 0 0 0 DEBORAH HOOVER BOARD MEMBER 3.00 X 0 0 0 LAURA BENNETT BOARD MEMBER 3.00 X 0 0 0 DAVID ZIPPER BOARD MEMBER 3.00 X 0 0 0 RJ NEMER BOARD MEMBER 3.00 X 0 0 0 BILLY TAYLOR BOARD MEMBER 3.00 X 0 0 0 DOUG WEINTRAUB CEO 40.00 X 291875 0 8354 JESSICA SUBLETT COO 50.00 X 151000 0 5800 442875 0 14154 2 0 1 0 EVERLOOK 526 S MAIN ST SUITE 9X AKRON OH 44311 EIR CONSULTING SERVICES 143000 STAMBAUGH CONSULTING 310 TERRA VERDE AVE COLUMBIANA OH 44408 EIR CONSULTING SERVICES 129500 PROJECT MEDTECH CONSULTING 1468 W 9TH ST SUITE 100 CLEVELAND OH 44113 EIR CONSULTING SERVICES 123069 3 47340 1221654 839586 2108580 INCUBATOR AND PDA PROG 532000 1080368 1080368 1080368 6331 6331 6418 47340 9519 -3101 -3101 MISCELLANEOUS 900099 8636 8636 8636 3200814 1080368 0 11866 13250 13250 20000 20000 457030 168469 137109 151452 847609 722559 100120 24930 10986 10159 827 767161 759413 4894 2854 101146 69416 18257 13473 1292 174 746 372 136145 26040 73460 36645 42357 15214 27143 29520 29520 7199 951 6087 161 19354 19354 185000 185000 BUILDING OPERATIONS 803169 769159 26553 7457 PROGRAM EXPENSE 53928 53928 0 0 IMPAIRMENT RESERVE 13334 0 13334 0 FOOD/BEVERAGE 13250 13250 0 0 11317 11317 3533047 2846336 449367 237344 369708 224484 100003 150030 152548 193813 33680 119382 2702 0 1271725 657694 750880 614031 461099 447765 126906 0 1997526 1749505 216762 357044 8488 6506 510968 451350 22353 27883 758571 842783 X 936088 519523 302867 387199 1238955 906722 1997526 1749505 -332233 0 X X 1 X 0 1 0 X 1359844 2118239 2135494 2188276 2108580 9910433 266776 238998 56000 56000 56000 673774 1626620 2357237 2191494 2244276 2164580 10584207 1214432 9369775 3 6331 6334 3979 53049 700 2200 8636 68564 10659105 4116922 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 3,979. 2019 AMOUNT: $ 53,049. 2020 AMOUNT: $ 700. 2021 AMOUNT: $ 2,200. 2022 AMOUNT: $ 8,636. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 358998 108946 250052 897727 548748 348979 15000 15000 614031 BIT FACTORY INVESTMENTS 447765 C 447765 SECURITY DEPOSIT 27883 27883 X PART X, LINE 2: THE ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE CURRENT PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED PROVISIONS FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATIONS ARE NOT CLASSIFIED AS PRIVATE FOUNDATIONS. 0 START UP SHOWCASE 53758 47340 6418 3831 400 5288 53758 47340 6418 3831 400 5288 9519 -3101 0 AWARDS 18 20000 X X 0 0 0 0 0 0 0 1 0 DOUG WEINTRAUB CEO 241875 0 50000 0 0 0 5754 0 2600 0 300229 0 0 0 JESSICA SUBLETT COO 136000 0 15000 0 0 0 3400 0 2400 0 156800 0 0 0 PART I, LINE 7 CEO AND COO RECEIVED DISCRETIONARY PERFORMANCE BONUSES THAT WERE DETERMINED BASED ON OVERALL PERFORMANCE OF ORGANIZATION AND WERE DETERMINED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION A, LINE 4 IN 2022 THE CODE OF REGULATIONS WAS MODIFIED TO ELIMINATE THE REQUIREMENT OF THE SOLE MEMBER HAVING THE PRIMARY AUTHORITY TO 1) ADD BOARD MEMBERS AND 2) MODIFY CERTAIN SECTIONS OF THE CODE OF REGULATIONS. THIS ALLOWS THE BOARD TO BE A SELF-PERPETUATING BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED BY STAFF, THEN PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL VIA EMAIL VOTE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY ALL BOARD MEMBERS AND SENIOR STAFF. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE BOARD OF DIRECTORS, AS A GROUP, IDENTIFIES THE APPROPRIATE COMPENSATION LEVEL FOR THE CEO BASED ON TYPICAL INDUSTRY COMPENSATION LEVELS FOR SIMILAR ORGANIZATIONS COMPARED TO THE EXPERIENCE LEVEL AND JOB DESCRIPTION. LINE 15B: THE CHIEF EXECUTIVE OFFICER AND THE CHIEF OPERATING OFFICER JOINTLY DETERMINE THE COMPENSATION LEVELS FOR ALL OTHER EMPLOYEES BY COMPARING THE TYPICAL INDUSTRY COMPENSATION LEVELS FOR THE RESPECTIVE POSITIONS WITHIN SIMILAR ORGANIZATIONS TO BOUNCE COMPARED TO THE EXPERIENCE LEVELS AND JOB DESCRIPTIONS OF EACH EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IV, LINE 12A AND FORM 990, PART XII, LINE 2B: THE BOARD HAS REVIEWED AND APPROVED THE INTERNAL CONTROLS THAT ARE IN PLACE. BIT FACTORY LLC 526 S MAIN ST STE 511 AKRON OH 44311 825086858 SINGLE MEMBER LLC OH -13334 479509 BOUNCE INNOVATION HUB