Nonprofit · EIN 73-1525913
I2E INC
Tax-exempt · OKLAHOMA CITY, OK 73102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,131,073 | $4,055,953 | -$1,924,880 | $22,917,026 | $927,701 | $21,989,325 |
| June 30, 2024 | 990 | $3,434,038 | $5,062,178 | -$1,628,140 | $24,548,957 | $215,430 | $24,333,527 |
| June 30, 2023 | 990 | $6,662,200 | $5,231,839 | $1,430,361 | $28,827,448 | $232,887 | $28,594,561 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,891,005
- of which government grants
- $1,249,999
- Program service revenue
- $1,352,489
- Investment income
- -$1,115,981
- Net gain from sales of assets
- -$1,521,077
- Other revenue
- $3,560
Expenses
- Grants and similar amounts paid
- $70,000
- Compensation of officers, directors and key employees
- $632,211
- Other salaries and wages
- $961,626
- Salaries, compensation and benefits (total)
- $1,868,889
- Professional fundraising fees
- $0
- Legal fees
- $17,494
- Accounting fees
- $23,541
- Occupancy
- $114,378
- Travel
- $19,555
- Depreciation
- $11,461
- Program services (functional)
- $3,509,563
- Management and general (functional)
- $495,290
- Fundraising (functional)
- $51,100
Balance sheet and other
- Total assets, start of year
- $24,548,957
- Total assets, end of year
- $22,917,026
- Total liabilities, end of year
- $927,701
- Net assets, end of year
- $21,989,325
- Land, buildings and equipment
- $31,352
- Publicly traded securities
- $3,722,063
- Net assets without donor restrictions
- $21,989,325
- Gross receipts
- $3,652,150
- Employees
- 12
- Volunteers
- 52
- Year formed
- 1997
- State of legal domicile
- OK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JUSTIN WILSON | IMCI MANAGING DIRECTOR/PRESIDENT Highest-paid employee | 6 | $0 | $315,647 | $26,259 |
| REX SMITHERMAN | PRESIDENT Officer | 40 | $223,243 | $0 | $18,297 |
| MARK LAUINGER | SVP CLIENT SERVICES Officer | 40 | $182,026 | $0 | $22,177 |
| JUDY BEECH | VP OF FINANCE Officer | 40 | $183,666 | $0 | $12,128 |
| SCOTT MEACHAM | EXECUTIVE CHAIRMAN Officer | 4 | $0 | $134,164 | $16,214 |
| RICHARD RAINEY | VENTURE ADVISOR Highest-paid employee | 40 | $128,738 | $0 | $20,612 |
| DARCY WILBORN | VP OF OPERATIONS Highest-paid employee | 40 | $136,910 | $0 | $4,102 |
| SRIJITA GHOSH | VENTURE ADVISOR Highest-paid employee | 40 | $112,795 | $0 | $10,342 |
| SHANNON JO CARR | VP OF MARKETING & COMMUNICATION Highest-paid employee | 40 | $103,273 | $0 | $10,061 |
| ROSE WASHINGTON-JONES | CHAIRPERSON Trustee or director | 1 | $0 | $0 | $0 |
| DARRYL SCHMIDT | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| ANDREW WEYRICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTY GILLENWATER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG SHIMASAKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANNY HILLIARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID PITTS | DIRECTOR Trustee or director | 1 | $0 |
| DEVON LANEY | DIRECTOR Trustee or director | 1 | $0 |
| DUANE WILSON | DIRECTOR Trustee or director | 1 | $0 |
| JAMES SPANN | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER MCGRAIL | DIRECTOR Trustee or director | 1 | $0 |
| MARK NANCE | DIRECTOR Trustee or director | 1 | $0 |
| MARK POOLE | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP KURTZ | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP ELLER | DIRECTOR Trustee or director | 1 | $0 |
| RICK MCCUNE | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT THOMAS | DIRECTOR Trustee or director | 1 | $0 |
| ROY WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| RYAN POSEY | DIRECTOR Trustee or director | 1 | $0 |
| STEVE CROPPER | DIRECTOR Trustee or director | 1 | $0 |
| TOM EVANS | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL LABRIE | SECRETARY Officer | 1 | $0 |
990 for the year ended June 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JUSTIN WILSON | IMCI MANAGING DIRECTOR/PRESIDENT Highest-paid employee | 6 | $0 | $312,876 | $25,697 |
| REX SMITHERMAN | PRESIDENT Officer | 40 | $244,146 | $0 | $18,739 |
| SCOTT MEACHAM | CEO Officer | 2.5 | $0 | $196,532 | $19,630 |
| MARK LAUINGER | SVP CLIENT SERVICES Officer | 40 | $188,728 | $0 | $21,927 |
| JUDY BEECH | VP OF FINANCE Officer | 40 | $182,714 | $0 | $12,005 |
| RICHARD RAINEY | VENTURE ADVISOR Highest-paid employee | 40 | $133,479 | $0 | $20,271 |
| DARCY WILBORN | VP OF OPERATIONS Highest-paid employee | 40 | $137,508 | $0 | $4,124 |
| SRIJITA GHOSH | VENTURE ADVISOR Highest-paid employee | 40 | $115,650 | $0 | $10,226 |
| ROSE WASHINGTON-JONES | CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| MARK POOLE | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| HOWARD G BARNETT JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL BASCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEVE CROPPER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARL EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP ELLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM EVANS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTY GILLENWATER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANNY HILLIARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP KURTZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEVON LANEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICK MCCUNE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER MCGRAIL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK NANCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID PITTS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RYAN POSEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DARRYL SCHMIDT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG SHIMASAKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES SPANN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDREW S WEYRICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROY WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DUANE WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL LABRIE | SECRETARY Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 39 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JUSTIN WILSON | IMCI MANAGING DIRECTOR/PRESIDENT Highest-paid employee | 6 | $0 | $296,631 | $0 |
| REX SMITHERMAN | PRESIDENT Officer | 40 | $210,942 | $0 | $18,107 |
| SCOTT MEACHAM | CEO Officer | 4 | $0 | $221,243 | $0 |
| MARK LAUINGER | SVP CLIENT SERVICES Officer | 40 | $163,670 | $0 | $21,449 |
| JUDY BEECH | VP OF FINANCE Officer | 40 | $157,865 | $0 | $11,453 |
| RICHARD RAINEY | VENTURE ADVISOR Highest-paid employee | 40 | $116,855 | $0 | $20,031 |
| MALACHI BLANKENSHIP | VENTURE ADVISOR Highest-paid employee | 40 | $113,286 | $0 | $20,922 |
| SRIJITA GHOSH | VENTURE ADVISOR Highest-paid employee | 40 | $100,440 | $0 | $9,877 |
| DARCY WILBORN | VP OF OPERATIONS Highest-paid employee | 40 | $106,408 | $0 | $3,193 |
| SARAH SEAGRAVES | SVP MARKETING Officer | 40 | $96,305 | $0 | $2,885 |
| MARK POOLE | CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| BRAD KRIEGER | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| HOWARD BARNETT JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL BASCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEVE CROPPER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARL EDWARDS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP ELLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM EVANS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRIS FLEMING | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTY GILLENWATER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANNY HILLIARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ARTHUR JACKSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHILIP KURTZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEVON LANEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICK MCCUNE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER MCGRAIL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARK NANCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID PITTS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RYAN POSEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MEG SALYER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DARRYL SCHMIDT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG SHIMASAKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES SPANN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROSE WASHINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDREW S WEYRICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROY WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DUANE WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL LA BRIE | SECRETARY Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 ROBERT S KERR AVE STE 600, OKLAHOMA CITY, OK 73102-4203
- Principal officer (990 for 2024)
- DARCY WILBORN, 201 ROBERT S KERR AVE 600, OKLAHOMA CITY, OK 73102
- Signed the 990
- DARCY WILBORN, PRESIDENT
- Phone
- (405) 813-2404
- Website
- WWW.I2E.ORG
- Return prepared by
- HOGANTAYLOR LLP
Mission
OUR MISSION IS INVESTING IN ENTREPRENEURS TO BUILD SUCCESSFUL HIGH GROWTH COMPANIES IN OKLAHOMA.
Program accomplishments
- THE ORGANIZATION MANAGES AND OPERATES THE OKLAHOMA TECHNOLOGY COMMERCIALIZATION CENTER ("OTCC"), A PROGRAM OF THE OKLAHOMA CENTER FOR THE ADVANCEMENT OF SCIENCE AND TECHNOLOGY ("OCAST") UNDER AN ANNUAL CONTRACT. THE OTCC PROGRAM AND CONTRACT WERE ORGANIZED TO HELP SPUR ECONOMIC GROWTH IN THE STATE BY PROMOTING AND ASSISTING OKLAHOMA-BASED TECHNOLOGY COMPANIES. THE ORGANIZATION PERFORMS CERTAIN BUSINESS, RESEARCH, AND PLANNING SERVICES FOR SMALL COMPANIES IN THE AREAS OF MARKETING, DEVELOPMENT, AND FINANCE.Expenses $1,249,999
- I2E SEED CAPITAL COMPANY, LLC MANAGES THE OKLAHOMA SEED CAPITAL FUND, LLC (OSCF), A SERIES OF INVESTMENT FUNDS PROVIDING SEED AND START-UP STAGE EQUITY FINANCING TO SMALL HIGH-GROWTH, TECHNOLOGY-BASED COMPANIES. IT IS AN INNOVATIVE PUBLIC-PRIVATE PARTNERSHIP, DEVELOPED BY OCAST IN PARTNERSHIP WITH I2E, THE OKLAHOMA DEPARTMENT FINANCE AUTHORITY (ODFA) AND THE OKLAHOMA CAPITAL INVESTMENT BOARD (OCIB) INVOLVED AS CO-INVESTORS IN THE FUND'S FIRST SERIES. THE FUND IS AIMED AT HELPING TECHNOLOGY-BASED FIRMS ACCESS THE CAPITAL THEY NEED TO GROW AND CREATE JOBS. CO-INVESTMENT BY ONE OR MORE INVESTORS IS REQUIRED AND BUSINESSES MUST BE LOCATED IN THE STATE OF OKLAHOMA. DURING THE TAX YEAR, I2E SEED CAPITAL, LLC CONTRACTED WITH I2E MANAGEMENT COMPANY, INC. TO PROVIDE MANAGEMENT SERVICES FOR THE FUND.Expenses $174,674
- LOVE'S ENTREPRENEUR CUP BUSINESS PLAN COMPETITIONTHE BUSINESS PLAN COMPETITION IS FUNDED BY THE LOVE'S CORPORATION AND OTHER SPONSORS THROUGHOUT THE STATE OF OKLAHOMA. STUDENTS INVOLVED IN THE COMPETITION GAIN ACCESS TO NETWORKS OF SUCCESSFUL ENTREPRENEURS, LENDERS AND INVESTORS, TEAM-BUILDING OPPORTUNITIES, BUSINESS PLANNING SKILLS, AND MEDIA EXPOSURE. ONE OF THE GOALS OF THE COMPETITION IS TO ENCOURAGE THE DEVELOPMENT AND COMMERCIALIZATION OF IDEAS AND TECHNOLOGIES BEING DISCOVERED IN OUR UNIVERSITIES. THE DONALD W. REYNOLD'S FOUNDATION PREVIOUSLY SPONSORED THIS COMPETITION. THE REYNOLD'S FOUNDATION SPONSORSHIP ENDED IN FY16. BEGINNING IN FY17, THE LOVE'S CORPORATION AGREED TO BE A MAJOR SPONSOR OF THIS COMPETITION.Expenses $379,009
- ACCELERATE OKLAHOMA FUNDS: ACCELERATE OKLAHOMA AND ITS SUBSIDIARIES WERE CREATED TO FACILITATE MANAGEMENT OF FEDERAL FUNDS MADE AVAILABLE TO THE OKLAHOMA DEPARTMENT OF COMMERCE (ODOC) BY THE U.S. TREASURY FOR THE STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) PROGRAM. THE ORGANIZATION'S CONTRACT, AS AMENDED, WITH ODOC IN THE AMOUNT OF $13,227,911 HAD A FUNDING PERIOD OF MAY 1, 2011 THROUGH MARCH 31, 2017. ON MARCH 31, 2017, THE FEDERAL SSBCI PROGRAM ENDED. PER THE FIRST AMENDMENT TO THE ORIGINAL ALLOCATION AGREEMENT EXECUTED OCTOBER 18, 2012, ANY REPAYMENT OF INVESTED FUNDS, PRINCIPAL AND ANY INVESTMENT GAINS, SHALL REMAIN WITH ACCELERATE OKLAHOMA AND BE USED TO MAINTAIN, MANAGE, AND REINVEST CONSISTENT WITH THE INVESTMENT PLANS SET FORTH IN THE ORIGINAL ALLOCATION AGREEMENT. A SECOND AMENDMENT TO THE ORIGINAL ALLOCATION AGREEMENT, DATED JANUARY 10, 2017, ALLOWS I2E TO CHARGE A FEE FOR MANAGEMENT SERVICES AND TO EARN A CARRIED INTEREST ON ANY PROGRAM INCOME IN THE FORM OF INVESTMENT GAIN ON FUNDS INVESTED. THE ORGANIZATION IS THE SOLE MEMBER OF ACCELERATE OKLAHOMA AND ACCELERATE OKLAHOMA IS THE SOLE MEMBER OF EACH OF ITS SUBSIDIARIES. EACH OF THESE ENTITIES ARE DISREGARDED FOR INCOME TAX PURPOSES AND, AS SUCH, ALL ACTIVITY WILL ULTIMATELY PASS TO THE SOLE MEMBER, THE ORGANIZATION. DURING THE TAX YEAR, I2E CONTRACTED WITH I2E MANAGEMENT COMPANY, INC. TO PROVIDE MANAGEMENT SERVICES FOR I2E ACCELERATE OKLAHOMA, LLC. THE I2E ANGEL SIDECAR FUND, LLC AND I2E GROWOK FUND, LLC WERE MERGED INTO I2E ACCELERATE OKLAHOMA, LL ON JUNE 28, 2019. THE I2E STARTOK FUND, LLC WAS MERGED INTO I2E ACCELERATE OKLAHOMA, LLC ON JULY 18, 2019.Expenses $1,705,881 · grants $70,000 · revenue $1,356,049
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1525913
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $22,917,026
- Income (IRS master file)
- $3,652,150
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,131,073 | $4,055,953 | $22,917,026 | IRS |
| 990 | June 2024 | $3,434,038 | $5,062,178 | $24,548,957 | XML |
| 990 | June 2023 | $6,662,200 | $5,231,839 | $28,827,448 | XML |
| 990 | June 2022 | $9,581,488 | $6,490,463 | $25,337,999 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1525913).
Questions about I2E INC
- What is the EIN of I2E INC?
- The employer identification number (EIN) of I2E INC is 73-1525913.
- Is I2E INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to I2E INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does I2E INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of I2E INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did I2E INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of I2E INC?
- The 990 for the year ended June 30, 2025 names DARCY WILBORN.
- Who are the officers and directors of I2E INC?
- The 990 for the year ended June 30, 2025 lists 31 people; 7 received compensation from the organization.
- How much revenue does I2E INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,131,073, expenses of $4,055,953 and total assets of $22,917,026 at year end.
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