Innovation Network For Communities

Innovation Network For Communities shows consistent financial reporting with recent operating deficits but strong asset reserves and no executive compensation.

EIN: 205097409 · Tamworth, NH · NTEE: S99 · Updated: 2026-03-28

$4.0MRevenue

$2.0MAssets

85/100Mission Score (Excellent)

S99

About Innovation Network For Communities

Innovation Network For Communities (EIN: 205097409) is a nonprofit organization based in Tamworth, NH, classified under NTEE code S99. The organization reported total revenue of $4.0M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovation Network For Communities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Innovation Network For Communities demonstrates a generally stable financial position, though recent years show expenses exceeding revenue. In 2023, expenses were $3,407,729 against revenues of $3,191,403, indicating a deficit. This trend is also visible in 2022, with expenses of $3,783,194 exceeding revenues of $3,719,004. However, the organization maintains healthy assets, reported at $2,299,862 in 2023, significantly higher than its liabilities of $205,798, suggesting good solvency. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's NTEE code S99 ('Unknown') could potentially raise questions about the clarity of its specific programmatic focus, but the financial data otherwise points to a well-managed entity with a strong asset base relative to its liabilities.

Spending efficiency appears to be reasonable, with a significant portion of expenses likely directed towards programs, given the absence of executive compensation. The organization has experienced fluctuations in revenue and expenses over the years, with a notable surplus in 2021 (Revenue $4,286,946 vs. Expenses $2,684,651) which likely contributed to its strong asset base. The consistent filing of IRS 990 forms over 13 periods further demonstrates a commitment to transparency and regulatory compliance. While recent deficits warrant monitoring, the overall financial health appears sound, supported by substantial assets and low liabilities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Innovation Network For Communities with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Innovation Network For Communities allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly unusual for an organization of its size with revenues often exceeding $3 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Innovation Network For Communities's IRS 990 filings:

Recent operating deficits (e.g., $216,326 in 2023, $64,190 in 2022)
NTEE code 'S99' (Unknown) lacks specific programmatic clarity

Strengths

The following positive indicators were identified for Innovation Network For Communities:

Consistent 0% officer compensation, indicating high efficiency in leadership costs
Strong asset base relative to liabilities (e.g., 2023 assets $2,299,862 vs. liabilities $205,798)
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance
Significant revenue generation, often exceeding $3 million annually

Frequently Asked Questions about Innovation Network For Communities

Is Innovation Network For Communities a good charity?

Based on the available financial data, the organization demonstrates strong financial transparency (13 filings, 0% officer compensation) and a healthy asset-to-liability ratio. While it has experienced recent operating deficits, its overall financial health appears sound, making it a potentially good charity.

Why is officer compensation consistently 0%?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as 'officer compensation' on the 990, or that it operates with a very lean administrative structure.

What is the significance of the 'S99' NTEE code?

An NTEE code of 'S99' indicates 'Unknown' or 'Not Elsewhere Classified' within the Community Improvement & Capacity Building category. This lack of specificity could make it harder for donors to understand the organization's precise programmatic focus without further investigation.

How has the organization managed its assets despite recent deficits?

Despite recent operating deficits in 2022 and 2023, the organization maintains strong assets (e.g., $2,299,862 in 2023). This is likely due to significant surpluses in prior years, such as 2021 where revenue exceeded expenses by over $1.6 million, allowing for asset accumulation.

Filing History

IRS 990 filing history for Innovation Network For Communities showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Innovation Network For Communities's revenue has grown by 117.1%, moving from $1.5M to $3.2M. Total assets increased by 251.2% over the same period, from $655K to $2.3M. Total functional expenses rose by 158.8%, from $1.3M to $3.4M. In its most recent filing year (2023), Innovation Network For Communities reported a deficit of $216K, with expenses exceeding revenue. The organization holds $206K in liabilities against $2.3M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $2.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.2M	$3.4M	$2.3M	$206K	—	—
2022	$3.7M	$3.8M	$2.5M	$236K	—	View 990
2021	$4.3M	$2.7M	$2.6M	$262K	—	View 990
2020	$2.1M	$2.9M	$904K	$131K	—	View 990
2019	$2.6M	$2.9M	$1.8M	$159K	—	View 990
2018	$3.2M	$2.4M	$2.1M	$182K	—	View 990
2017	$2.0M	$1.7M	$1.2M	$157K	—	View 990
2016	$2.1M	$2.6M	$823K	$92K	—	View 990
2015	$2.9M	$2.0M	$1.3M	$23K	—	View 990
2014	$1.5M	$1.6M	$561K	$159K	—	View 990
2013	$1.5M	$1.1M	$489K	$0	—	View 990
2012	$1.1M	$1.4M	$186K	$0	—	View 990
2011	$1.5M	$1.3M	$655K	$164K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.2M, expenses of $3.4M, and assets of $2.3M (revenue -14.2% year-over-year).
2022: Revenue of $3.7M, expenses of $3.8M, and assets of $2.5M (revenue -13.2% year-over-year).
2021: Revenue of $4.3M, expenses of $2.7M, and assets of $2.6M (revenue +106.4% year-over-year).
2020: Revenue of $2.1M, expenses of $2.9M, and assets of $904K (revenue -20.1% year-over-year).
2019: Revenue of $2.6M, expenses of $2.9M, and assets of $1.8M (revenue -19.8% year-over-year).
2018: Revenue of $3.2M, expenses of $2.4M, and assets of $2.1M (revenue +60.7% year-over-year).
2017: Revenue of $2.0M, expenses of $1.7M, and assets of $1.2M (revenue -2.5% year-over-year).
2016: Revenue of $2.1M, expenses of $2.6M, and assets of $823K (revenue -28.4% year-over-year).
2015: Revenue of $2.9M, expenses of $2.0M, and assets of $1.3M (revenue +94.1% year-over-year).
2014: Revenue of $1.5M, expenses of $1.6M, and assets of $561K (revenue +2.3% year-over-year).
2013: Revenue of $1.5M, expenses of $1.1M, and assets of $489K (revenue +34.5% year-over-year).
2012: Revenue of $1.1M, expenses of $1.4M, and assets of $186K (revenue -26.5% year-over-year).
2011: Revenue of $1.5M, expenses of $1.3M, and assets of $655K.

Data Sources and Methodology

This transparency report for Innovation Network For Communities 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.