Innovative Concepts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 100,590 | 102,381 | −1,791 | 92.3 | 0% |
| 2012 | 93,606 | 102,887 | −9,281 | 90.3 | 0% |
| 2013 | 89,771 | 100,830 | −11,059 | 88.8 | 0% |
| 2014 | 88,901 | 104,866 | −15,965 | 84.4 | 0% |
| 2015 | 93,611 | 417,238 | −323,627 | 11.7 | 0% |
| 2016 | 91,945 | 111,096 | −19,151 | 41.9 | 0% |
| 2017 | 90,428 | 110,898 | −20,470 | 39.2 | 0% |
| 2018 | 92,079 | 109,279 | −17,200 | 37.1 | 0% |
| 2019 | 100,473 | 117,255 | −16,782 | 33.1 | 0% |
| 2020 | 136,823 | 137,609 | −786 | 28.3 | 0% |
| 2021 | 161,835 | 171,853 | −10,018 | 21.8 | 0% |
| 2022 | 109,027 | 125,138 | −16,111 | 27.9 | 0% |
| 2023 | 124,934 | 147,008 | −22,074 | 22.0 | 0% |
In its most recent public year (2023), this organization spent $22,074 more than it brought in. Its reserves stood at about 22 months of spending, down from 92.3 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Innovative Concepts's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works