Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2018.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
78 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
11 people listed on the 990; $459K paid to officers and key staff.
Jessica Sublett’s $240K as CEO is at the 77th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Doug Weintraub | — | — | $291,875 | $261,875 | $277,708 |
| Jessica Sublett | $240,000 | $214,000 | $151,000 | $133,750 | $125,000 |
| Susan Berg Herman | $135,000 | $110,001 | — | — | — |
| Jennifer Kelsch | $83,750 | $75,000 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers innovators to turn their ideas into reality through services and programs.
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Entrepreneurial Service Provider (esp) Program
Bounce's esp program offers affordable office, lab, and light manufacturing space coupled with expert business counseling and advising, mentoring services, and networking opportunities. The esp program also provides advising, technical assistance, coaching, and networking opportunities to early stage software companies in order to assist…
Place at Bounce
Bounce innovation hub is a community-facing destination that includes public coworking space, private offices, reserved desks, conference rooms, event and classroom space, business incubation space including labs, offices, and light manufacturing space, and the ground floor caf.
Other Entrepreneurial Programming & Ecosystem Work
In addition to the esp program, bounce provides a variety of other entpreneurial support programs including our beyond startup workshop series. Beyond startup offers bi-weekly accessible workshops that are open to the community.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $544K | $648K |
| InvestmentsLn 11–13 | $347K | $300K |
| Land, buildings, equipmentLn 10c | $492K | $1.0M |
| Total assetsLn 16 | $2.3M | $2.7M |
| LiabilitiesLn 26 | $895K | $1.0M |
| Net assetsLn 32 | $1.4M | $1.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $2K | $2K | ||
| Pay of current officers, directors and key staffLn 5 | $475K | $180K | $204K | $91K |
| Other salaries and wagesLn 7 | $706K | $541K | $127K | $38K |
| Pension plan contributionsLn 8 | $10K | $10K | ||
| Other employee benefitsLn 9 | $1.2M | $1.0M | $17K | $99K |
| Payroll taxesLn 10 | $91K | $69K | $13K | $9K |
| Legal feesLn 11b | $11K | $2K | $9K | $518 |
| Other fees for servicesLn 11g | $84K | $17K | $64K | $4K |
| Advertising and promotionLn 12 | $25K | $2K | $23K | |
| Office expensesLn 13 | $21K | $21K | ||
| TravelLn 17 | $7K | $60 | $7K | |
| InterestLn 20 | $14K | $14K | ||
| Depreciation, depletion and amortizationLn 22 | $111K | $111K | ||
| Other expenses (24a–d)Ln 24 | $981K | $897K | $76K | $8K |
| Total functional expensesLn 25 | $3.7M | $2.9M | $559K | $248K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $4.0M | $3.7M | $345K | $1.7M | 990 PDF |
| FY2023 | $4.1M | $3.7M | $421K | $1.4M | 990 PDF |
| FY2022 | $3.2M | $3.5M | −$332K | $907K | 990 PDF |
| FY2021 | $3.1M | $3.2M | −$104K | $1.2M | 990 PDF |
| FY2020 | $3.0M | $2.9M | $69K | $1.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $4,041,831 across 10 lines filed
Part IX · Statement of functional expenses $3,696,593 across 14 lines filed
Part X · Balance sheet $2,733,487 assets, 17 lines filed
Part XI · Reconciliation of net assets $1,727,317 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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