Quick charity verification for Innventure (EIN: 205446392)
Verdict: Innventure shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential inactivity or dissolution.
Consistent net losses in operational years (e.g., $20,803 revenue vs. $25,310 expenses in 2012).
Strengths
Zero officer compensation reported in active years (2011, 2012).
No reported liabilities in active years (2011, 2012).
Spending Breakdown
How Innventure allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Innventure
Is Innventure a legitimate charity?
Based on AI analysis of IRS 990 filings, Innventure (EIN: 205446392) shows mixed signals. Mission Score: 40/100. 2 red flags identified, 2 strengths noted.
Is Innventure a good charity to donate to?
Innventure has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Innventure?
The Employer Identification Number (EIN) for Innventure is 205446392. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Innventure spend its money?
Innventure allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Innventure's tax-exempt status?
You can verify Innventure's tax-exempt status using EIN 205446392 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Innventure appears to be a very small, early-stage organization based on its IRS 990 filings. In 2012, it reported $20,803 in revenue and $25,310 in expenses, resulting in a net loss for the year. The prior year, 2011, showed similar modest activity with $28,899 in revenue and $26,226 in expenses. The organization's assets have decreased from $13,186 in 2011 to $8,680 in 2012, indicating a reduction in its financial base. The current filing shows $0 in revenue and assets, suggesting the organization may no longer be active or has significantly scaled down operations.
Spending efficiency is difficult to assess without a detailed functional expense breakdown, which is not available for organizations of this size. However, the consistent reporting of zero officer compensation in both 2011 and 2012 suggests that leadership was not drawing a salary from the organization during those periods, which can be a positive sign for a small nonprofit. The lack of liabilities in both periods also indicates a healthy balance sheet for the operational years.
Transparency is generally good given the available data. The organization has filed its 990s, providing public access to its financial information. However, the current status of $0 revenue and assets raises questions about its ongoing operations and mission fulfillment, which would require further investigation beyond the provided data.