Innovative Education International Inc
EIN: 473832880 · Fort Wayne, IN · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $281K |
| Net Assets | $8K |
Is Innovative Education International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Innovative Education International Inc
Innovative Education International Inc (EIN: 473832880) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code Q33. The organization reported total revenue of $318K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovative Education International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovative Education International Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275K |
| Total Expenses | $281K |
| Surplus / Deficit | $-5,918 |
| Total Assets | $11K |
| Total Liabilities | $3K |
| Net Assets | $8K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 28.4% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, Innovative Education International Inc reported a deficit of $6K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 28.4% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Innovative Education International Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.5% | +38.4% | -42.5% |
| 2022 | -2.0% | -0.3% | -2.3% |
| 2021 | +16.5% | -4.8% | +31.3% |
| 2020 | -29.7% | -2.7% | -43.5% |
| 2019 | -8.1% | -20.1% | +63.6% |
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 Innovative Education International 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 Innovative Education International 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.4%.
Frequently Asked Questions about Innovative Education International Inc
Is Innovative Education International Inc a legitimate charity?
Innovative Education International Inc (EIN: 473832880) is a registered tax-exempt nonprofit based in Indiana. It has 9 years of IRS 990 filings on record. Total revenue: $318K. No red flags identified. Financial health grade: C.
How does Innovative Education International Inc spend its money?
Innovative Education International Inc reported $318K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Innovative Education International Inc tax-deductible?
Innovative Education International Inc is registered as a tax-exempt nonprofit (EIN: 473832880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovative Education International Inc located?
Innovative Education International Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 473832880. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Innovative Education International Inc have?
Innovative Education International Inc has 9 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 $318K in total revenue.
Filing History
IRS 990 filing history for Innovative Education International Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Innovative Education International Inc's revenue has grown by 57.5%, moving from $175K to $275K. Total assets decreased by 77% over the same period, from $47K to $11K. Total functional expenses rose by 87.7%, from $150K to $281K. In its most recent filing year (2023), Innovative Education International Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $3K in liabilities against $11K in assets (debt-to-asset ratio: 28.4%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275K | $281K | $11K | $3K | — | — |
| 2022 | $203K | $203K | $19K | $0 | — | View 990 |
| 2021 | $207K | $204K | $19K | $2K | — | View 990 |
| 2020 | $178K | $214K | $15K | $4K | — | — |
| 2019 | $253K | $220K | $26K | $6K | — | View 990 |
| 2018 | $275K | $275K | $16K | $3K | — | View 990 |
| 2017 | $153K | $158K | $12K | $8K | — | — |
| 2016 | $424K | $439K | $26K | $16K | — | View 990 |
| 2015 | $175K | $150K | $47K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275K, expenses of $281K, and assets of $11K (revenue +35.5% year-over-year).
- 2022: Revenue of $203K, expenses of $203K, and assets of $19K (revenue -2.0% year-over-year).
- 2021: Revenue of $207K, expenses of $204K, and assets of $19K (revenue +16.5% year-over-year).
- 2020: Revenue of $178K, expenses of $214K, and assets of $15K (revenue -29.7% year-over-year).
- 2019: Revenue of $253K, expenses of $220K, and assets of $26K (revenue -8.1% year-over-year).
- 2018: Revenue of $275K, expenses of $275K, and assets of $16K (revenue +80.1% year-over-year).
- 2017: Revenue of $153K, expenses of $158K, and assets of $12K (revenue -64.0% year-over-year).
- 2016: Revenue of $424K, expenses of $439K, and assets of $26K (revenue +143.1% year-over-year).
- 2015: Revenue of $175K, expenses of $150K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovative Education International Inc:
Data Sources and Methodology
This transparency report for Innovative Education International 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.