Innovations Family Wellness
EIN: 832688349 · Tulsa, OK · NTEE: E99
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Net Assets | $3.0M |
Is Innovations Family Wellness Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Innovations Family Wellness
Innovations Family Wellness (EIN: 832688349) is a nonprofit organization based in Tulsa, OK, classified under NTEE code E99. The organization reported total revenue of $1.6M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovations Family Wellness's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovations Family Wellness is a mid-size nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 217.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $3.0M |
| Net Assets | $3.0M |
| Operating Margin | 58.2% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2023, Innovations Family Wellness reported a surplus of $1.9M with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Innovations Family Wellness's revenue has grown at a compound annual growth rate (CAGR) of 217.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11644.4% | +785.3% | +2864.4% |
| 2022 | -91.4% | +100.3% | -59.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Innovations Family Wellness 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 Innovations Family Wellness 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
Frequently Asked Questions about Innovations Family Wellness
Is Innovations Family Wellness a legitimate charity?
Based on AI analysis of IRS 990 filings, Innovations Family Wellness (EIN: 832688349) insufficient data. 0 red flags identified, 0 strengths noted.
How does Innovations Family Wellness spend its money?
Detailed spending breakdown data is not yet available for Innovations Family Wellness. Check back for updated IRS 990 analysis.
Are donations to Innovations Family Wellness tax-deductible?
Innovations Family Wellness is registered as a tax-exempt nonprofit (EIN: 832688349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovations Family Wellness located?
Innovations Family Wellness is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 832688349. It is classified under NTEE code E99.
How many years of IRS 990 filings does Innovations Family Wellness have?
Innovations Family Wellness has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Innovations Family Wellness showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Innovations Family Wellness's revenue has grown by 910.1%, moving from $324K to $3.3M. Total assets increased by 1100.7% over the same period, from $247K to $3.0M. Total functional expenses rose by 1673%, from $77K to $1.4M. In its most recent filing year (2023), Innovations Family Wellness reported a surplus of $1.9M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.4M | $3.0M | $0 | — | — |
| 2022 | $28K | $155K | $100K | $2K | — | View 990 |
| 2021 | $324K | $77K | $247K | $-25 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.4M, and assets of $3.0M (revenue +11644.4% year-over-year).
- 2022: Revenue of $28K, expenses of $155K, and assets of $100K (revenue -91.4% year-over-year).
- 2021: Revenue of $324K, expenses of $77K, and assets of $247K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovations Family Wellness:
Data Sources and Methodology
This transparency report for Innovations Family Wellness 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.