Bounce Innovation Hub
Empowers innovators to turn their ideas into reality through services and programs. For fiscal year 2024 it reported $4.0M in revenue, $3.7M in expenses, and $1.7M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Akron, OH
- Website
- bouncehub.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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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Where the work happens
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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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 15% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | -0.8% | — | — |
| Legal fee ratio | 0.3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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