Innovative Poverty Solutions
EIN: 854267965 · Fayetteville, AR · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $799K |
| Total Expenses | $281K |
| Net Assets | $329K |
Is Innovative Poverty Solutions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Innovative Poverty Solutions
Innovative Poverty Solutions (EIN: 854267965) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code P99. The organization reported total revenue of $799K and total assets of $833K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovative Poverty Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovative Poverty Solutions is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 197.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $281K |
| Surplus / Deficit | +$142K |
| Total Assets | $337K |
| Total Liabilities | $8K |
| Net Assets | $329K |
| Operating Margin | 33.6% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Innovative Poverty Solutions reported a surplus of $142K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Innovative Poverty Solutions's revenue has grown at a compound annual growth rate (CAGR) of 197.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.4% | +138.8% | +80.6% |
| 2022 | +447.3% | +2018.9% | +341.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Innovative Poverty Solutions 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 Poverty Solutions 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 $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Innovative Poverty Solutions
Is Innovative Poverty Solutions a legitimate charity?
Based on AI analysis of IRS 990 filings, Innovative Poverty Solutions (EIN: 854267965) insufficient data. 0 red flags identified, 0 strengths noted.
How does Innovative Poverty Solutions spend its money?
Detailed spending breakdown data is not yet available for Innovative Poverty Solutions. Check back for updated IRS 990 analysis.
Are donations to Innovative Poverty Solutions tax-deductible?
Innovative Poverty Solutions is registered as a tax-exempt nonprofit (EIN: 854267965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovative Poverty Solutions located?
Innovative Poverty Solutions is headquartered in Fayetteville, Arkansas and files with the IRS under EIN 854267965. It is classified under NTEE code P99.
How many years of IRS 990 filings does Innovative Poverty Solutions have?
Innovative Poverty Solutions 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 $799K in total revenue.
Filing History
IRS 990 filing history for Innovative Poverty Solutions showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Innovative Poverty Solutions's revenue has grown by 783.6%, moving from $48K to $423K. Total assets increased by 696.6% over the same period, from $42K to $337K. Total functional expenses rose by 4960.6%, from $6K to $281K. In its most recent filing year (2023), Innovative Poverty Solutions reported a surplus of $142K, with revenue exceeding expenses. The organization holds $8K in liabilities against $337K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $329K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $281K | $337K | $8K | — | View 990 |
| 2022 | $262K | $118K | $187K | $0 | — | View 990 |
| 2021 | $48K | $6K | $42K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $281K, and assets of $337K (revenue +61.4% year-over-year).
- 2022: Revenue of $262K, expenses of $118K, and assets of $187K (revenue +447.3% year-over-year).
- 2021: Revenue of $48K, expenses of $6K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovative Poverty Solutions:
Data Sources and Methodology
This transparency report for Innovative Poverty Solutions 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.