2024-05-15T18:19:19-05:00 2023-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-07-01 851540129 Innovia Ignite Foundation INNO 5096242606 818 W Riverside Ave Ste 650 Spokane WA 99201 Shelly O'Quinn Chief Executive Officer 5096242606 2024-05-15 1 Shelly OQuinn 999009999 1 Deb Nelson CPA P01264758 6122536500 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Shelly O'Quinn 818 W Riverside Ave Ste 650 Spokane WA 99201 4766349 0 X N/A X 2020 WA Support Innovia Foundation for the benefit of local charities. 10 10 0 10 0 0 0 3782706 0 0 0 -73819 4370 83463 4370 3792350 0 809627 0 0 0 0 0 0 0 8088 120270 8088 929897 -3718 2862453 320298 3195031 324016 336296 -3718 2858735 Ignite giving and generosity in the community to support the mission of Innovia Foundation and to hold property as needed for the Foundation. 0 0 926941 809627 The Foundation's purpose is to act as support for Innovia Foundation, igniting giving and generosity in the community, and to carry out charitable purposes that support the overall mission of Innovia Foundation. 926941 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X Lauren Autrey 5093435752 818 W Riverside Ave Suite 650 Spokane WA 99201 Michael Bibin President 1.00 0.00 X X 0 0 0 Adam Gelhausen Treasurer 1.00 0.00 X X 0 0 0 Shelley Bennet Secretary 1.00 0.00 X X 0 0 0 Jeff Crandall Director 1.00 0.00 X 0 0 0 Marcelo Morales Director 1.00 1.00 X 0 0 0 Jim Black Director 1.00 0.00 X 0 0 0 John Kragt Director 1.00 0.00 X 0 0 0 Denise Stewart Director 1.00 0.00 X 0 0 0 Carol Hunter Director 1.00 0.00 X 0 0 0 Tim Welsh Director 1.00 0.00 X 0 0 0 Shelly O'Quinn Innovia CEO 0.20 39.80 X 0 265096 36175 Lauren Autrey Innovia CFO 1.00 39.00 X 0 162228 23124 0 427324 59299 0 0 1 0 0 3782706 3652082 3782706 23026 23026 82615 0 82615 82615 82615 877154 973999 -96845 -96845 -96845 Refund of Closing Cost 531390 848 848 848 3792350 0 0 9644 809627 809627 956 956 2000 2000 8111 8111 27677 27677 12280 12280 31288 31288 6587 6587 Repairs 30798 30798 573 573 929897 926941 2956 0 20298 253179 0 928140 2045000 31288 300000 2013712 320298 3195031 324016 336296 324016 336296 X 0 0 0 0 -3718 2858735 -3718 2858735 320298 3195031 2862453 0 X X 0 1 X 1 0 X X X 1 Innovia Foundation 910941053 7 1 809627 0 1 809627 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part I, Line 12g: Innovia Ignite Foundation is a Type I Supporting Organization of the Innovia Foundation. The Foundation's focus is to carry out charitable purposes that support the overall mission of Innovia Foundation. In particular, the Foundation will at times hold buildings and land for the Innovia Foundation and any proceeds related to property sales are contributed to Innovia Foundation. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75000 75000 1970000 31288 1938712 2013712 Note Payable 336296 336296 X 61650733 13159080 44699303 57858383 3792350 0 3792350 13388974 12459077 12459077 929897 0 929897 Part X, Line 2: Management believes that the Foundation has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Innovia (Supported Org) Form 990 Revenue 46,223,802. BGC (Brother/Sister Org) Form 990 Revenue 550. Innovia (Supported Org) Investment Expenses -577,738. Contributions from Supporting Organizations to Innovia (Supported Org) -947,311. Part XII, Line 2d - Other Adjustments: Innovia (Supported Org) Form 990 Expenses 13,842,006. Contributions from Supporting Organizations to Innovia (Supported Org) -947,311. BGC (Brother/Sister Org) Form 990 Expenses 142,120. Innovia (Supported Org) Investment Expenses -577,738. 1 Innovia Foundation 818 W Riverside Ave Ste 650 Spokane WA 99201 910941053 501(c)(3) 809627 0 Grant to support charitable giving and generosity in the community. 1 0 Part I, Line 2: Innovia Ignite Foundation provides grants to the Innovia Foundation. Grants are monitored by the Board of Innovia Ignite Foundation, whose members include the CEO and CFO of the Innovia Foundation and the Secretary/Treasurer of the Innovia Foundation Governing Board. 0 0 0 0 0 0 0 0 0 Shelly O'Quinn Innovia CEO 0 230660 0 34436 0 0 0 23351 0 13622 0 302069 0 0 Lauren Autrey Innovia CFO 0 131500 0 30728 0 0 0 13150 0 10772 0 186150 0 0 Part I, Line 3 The organization relies upon a related organization to establish compensation. The related organization uses one or more of these methods. X 1 2719000 Appraised Value X Notes Receivable 1 933082 Principal of Note Re 0 0 1 1 Part I, Column (b): The Column (b) represents number of contributions. Part I, Line 32b: The Foundation uses third party real estate agents to sell contributed real estate. Form 990, Part VI, Section A, line 2 A business relationship exists for three of the individuals reported on Part VII: Shelly O'Quinn, Lauren Autrey, and Marcelo Morales, as they serve as officers of a related tax-exempt organization. Form 990, Part VI, Section A, line 7a At all times, the majority of the board of directors shall be appointed by the board of directors of Innovia Foundation, the related supported organization. Form 990, Part VI, Section A, line 8b There are no committees with broad authority to act on behalf of the governing board. Form 990, Part VI, Section B, line 11b The Form 990 is provided to the board and reviewed before filing. Form 990, Part VI, Section B, line 12c Each fiscal year a conflict-of-interest questionnaire is completed by board members and management. Responses are reviewed by the board for possible conflicts. Any potential conflict of interest is recorded in the minutes of the board meeting. If it is demonstrated that a board or committee member has a conflict, they are excused from voting on a motion where it is perceived a conflict exists. Form 990, Part VI, Section C, line 19 Documents are furnished upon request. Form 990, Part XII, Line 2c: The Innovia foundation finance committee is responsible for oversight of the annual consolidated audit. Innovia Foundation 818 W Riverside Ave Ste 650 Spokane WA 99201 910941053 Supporting other non-profits & igniting generosity in the community. WA 501(c)(3) Line 7 N/A 0 BGC Supporting Organization of Innovia Foundation 818 W Riverside Ave Ste 650 Spokane WA 99201 810768196 Supporting other non-profits & igniting generosity in the community. WA 501(c)(3) Line 12a, I Innovia Foundation 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0