Independent Opportunities Of Michigan Inc
EIN: 383199090 · Utica, MI
| Metric | Value |
|---|---|
| Total Expenses | $6.8M |
| Net Assets | $2.9M |
Is Independent Opportunities Of Michigan Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Independent Opportunities Of Michigan Inc
Independent Opportunities Of Michigan Inc (EIN: 383199090) is a nonprofit organization based in Utica, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Opportunities Of Michigan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent Opportunities Of Michigan Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $6.8M |
| Surplus / Deficit | +$331K |
| Total Assets | $3.4M |
| Total Liabilities | $516K |
| Net Assets | $2.9M |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 6.0 months |
Financial Health Grade: A
In 2015, Independent Opportunities Of Michigan Inc reported a surplus of $331K with revenue exceeding expenses, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Independent Opportunities Of Michigan Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +8.3% | +8.1% | +12.9% |
| 2014 | +4.4% | +3.7% | +6.9% |
| 2013 | +8.1% | +12.6% | +8.5% |
| 2012 | +12.4% | +7.3% | +28.0% |
AI Analysis Pending
AI enrichment for Independent Opportunities Of Michigan Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Independent Opportunities Of Michigan Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $331K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Frequently Asked Questions about Independent Opportunities Of Michigan Inc
Is Independent Opportunities Of Michigan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Independent Opportunities Of Michigan Inc (EIN: 383199090) insufficient data. 0 red flags identified, 0 strengths noted.
How does Independent Opportunities Of Michigan Inc spend its money?
Detailed spending breakdown data is not yet available for Independent Opportunities Of Michigan Inc. Check back for updated IRS 990 analysis.
Are donations to Independent Opportunities Of Michigan Inc tax-deductible?
Independent Opportunities Of Michigan Inc is registered as a tax-exempt nonprofit (EIN: 383199090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Independent Opportunities Of Michigan Inc located?
Independent Opportunities Of Michigan Inc is headquartered in Utica, Michigan and files with the IRS under EIN 383199090.
How many years of IRS 990 filings does Independent Opportunities Of Michigan Inc have?
Independent Opportunities Of Michigan Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Independent Opportunities Of Michigan Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Independent Opportunities Of Michigan Inc's revenue has grown by 37.3%, moving from $5.2M to $7.1M. Total assets increased by 67.7% over the same period, from $2.0M to $3.4M. Total functional expenses rose by 35.6%, from $5.0M to $6.8M. In its most recent filing year (2015), Independent Opportunities Of Michigan Inc reported a surplus of $331K, with revenue exceeding expenses. The organization holds $516K in liabilities against $3.4M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $7.1M | $6.8M | $3.4M | $516K | — | View 990 |
| 2014 | $6.6M | $6.3M | $3.0M | $458K | — | View 990 |
| 2013 | $6.3M | $6.0M | $2.8M | $557K | — | View 990 |
| 2012 | $5.8M | $5.4M | $2.6M | $581K | — | View 990 |
| 2011 | $5.2M | $5.0M | $2.0M | $466K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $7.1M, expenses of $6.8M, and assets of $3.4M (revenue +8.3% year-over-year).
- 2014: Revenue of $6.6M, expenses of $6.3M, and assets of $3.0M (revenue +4.4% year-over-year).
- 2013: Revenue of $6.3M, expenses of $6.0M, and assets of $2.8M (revenue +8.1% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.4M, and assets of $2.6M (revenue +12.4% year-over-year).
- 2011: Revenue of $5.2M, expenses of $5.0M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent Opportunities Of Michigan Inc:
Data Sources and Methodology
This transparency report for Independent Opportunities Of Michigan Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.