Innovations Human Trafficking Collaborative
EIN: 814680515 · Olympia, WA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $688K |
| Total Expenses | $1.2M |
| Net Assets | $293K |
Is Innovations Human Trafficking Collaborative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Innovations Human Trafficking Collaborative
Innovations Human Trafficking Collaborative (EIN: 814680515) is a nonprofit organization based in Olympia, WA, classified under NTEE code P20. The organization reported total revenue of $688K and total assets of $299K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovations Human Trafficking Collaborative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovations Human Trafficking Collaborative is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 45.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $675K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-529,766 |
| Total Assets | $299K |
| Total Liabilities | $6K |
| Net Assets | $293K |
| Operating Margin | -78.5% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Innovations Human Trafficking Collaborative reported a deficit of $530K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Innovations Human Trafficking Collaborative's revenue has grown at a compound annual growth rate (CAGR) of 45.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | +98.7% | -57.2% |
| 2022 | -10.0% | +84.3% | — |
| 2021 | +76.7% | +62.1% | -100.0% |
| 2020 | +80.8% | +18.5% | +228.9% |
| 2019 | +115.9% | +92.8% | +136.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Innovations Human Trafficking Collaborative 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 Human Trafficking Collaborative 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 deficit of $530K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Innovations Human Trafficking Collaborative
Is Innovations Human Trafficking Collaborative a legitimate charity?
Innovations Human Trafficking Collaborative (EIN: 814680515) is a registered tax-exempt nonprofit based in Washington. It has 6 years of IRS 990 filings on record. Total revenue: $688K. No red flags identified. Financial health grade: C.
How does Innovations Human Trafficking Collaborative spend its money?
Innovations Human Trafficking Collaborative reported $688K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Innovations Human Trafficking Collaborative tax-deductible?
Innovations Human Trafficking Collaborative is registered as a tax-exempt nonprofit (EIN: 814680515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovations Human Trafficking Collaborative located?
Innovations Human Trafficking Collaborative is headquartered in Olympia, Washington and files with the IRS under EIN 814680515. It is classified under NTEE code P20.
How many years of IRS 990 filings does Innovations Human Trafficking Collaborative have?
Innovations Human Trafficking Collaborative has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $688K in total revenue.
Filing History
IRS 990 filing history for Innovations Human Trafficking Collaborative showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Innovations Human Trafficking Collaborative's revenue has grown by 550.3%, moving from $104K to $675K. Total assets increased by 610.5% over the same period, from $42K to $299K. Total functional expenses rose by 1255.6%, from $89K to $1.2M. In its most recent filing year (2023), Innovations Human Trafficking Collaborative reported a deficit of $530K, with expenses exceeding revenue. The organization holds $6K in liabilities against $299K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $675K | $1.2M | $299K | $6K | — | — |
| 2022 | $645K | $606K | $700K | $388 | — | View 990 |
| 2021 | $716K | $329K | $0 | $0 | — | View 990 |
| 2020 | $405K | $203K | $328K | $30K | — | View 990 |
| 2019 | $224K | $171K | $100K | $6K | — | View 990 |
| 2018 | $104K | $89K | $42K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $675K, expenses of $1.2M, and assets of $299K (revenue +4.7% year-over-year).
- 2022: Revenue of $645K, expenses of $606K, and assets of $700K (revenue -10.0% year-over-year).
- 2021: Revenue of $716K, expenses of $329K, and assets of $0 (revenue +76.7% year-over-year).
- 2020: Revenue of $405K, expenses of $203K, and assets of $328K (revenue +80.8% year-over-year).
- 2019: Revenue of $224K, expenses of $171K, and assets of $100K (revenue +115.9% year-over-year).
- 2018: Revenue of $104K, expenses of $89K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovations Human Trafficking Collaborative:
Data Sources and Methodology
This transparency report for Innovations Human Trafficking Collaborative 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.