Innovative Student Facilities Inc
EIN: 680522870 · Ruston, LA · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $12.2M |
| Total Expenses | $12.7M |
| Net Assets | $14.3M |
Is Innovative Student Facilities 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 Student Facilities Inc
Innovative Student Facilities Inc (EIN: 680522870) is a nonprofit organization based in Ruston, LA, classified under NTEE code L99. The organization reported total revenue of $12.2M and total assets of $158.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovative Student Facilities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovative Student Facilities Inc is a large nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.2M |
| Total Expenses | $12.7M |
| Surplus / Deficit | $-512,264 |
| Total Assets | $158.2M |
| Total Liabilities | $143.8M |
| Net Assets | $14.3M |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 90.9% |
| Months of Reserves | 149.2 months |
Financial Health Grade: C
In 2024, Innovative Student Facilities Inc reported a deficit of $512K with expenses exceeding revenue, holds 149.2 months of operating reserves (strong position), has a debt-to-asset ratio of 90.9% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Innovative Student Facilities Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.1% | +5.4% | -3.7% |
| 2023 | +3.6% | +10.6% | -2.2% |
| 2022 | +39.8% | +2.8% | -1.2% |
| 2021 | +8.9% | +21.1% | -1.9% |
| 2020 | -3.9% | -3.0% | +38.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Innovative Student Facilities 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 Student Facilities 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $512K, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.9%.
Frequently Asked Questions about Innovative Student Facilities Inc
Is Innovative Student Facilities Inc a legitimate charity?
Innovative Student Facilities Inc (EIN: 680522870) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $12.2M. No red flags identified. Financial health grade: C.
How does Innovative Student Facilities Inc spend its money?
Innovative Student Facilities Inc reported $12.2M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Innovative Student Facilities Inc tax-deductible?
Innovative Student Facilities Inc is registered as a tax-exempt nonprofit (EIN: 680522870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovative Student Facilities Inc located?
Innovative Student Facilities Inc is headquartered in Ruston, Louisiana and files with the IRS under EIN 680522870. It is classified under NTEE code L99.
How many years of IRS 990 filings does Innovative Student Facilities Inc have?
Innovative Student Facilities Inc has 13 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 $12.2M in total revenue.
Filing History
IRS 990 filing history for Innovative Student Facilities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Innovative Student Facilities Inc's revenue has grown by 280.2%, moving from $3.2M to $12.2M. Total assets increased by 96.8% over the same period, from $80.4M to $158.2M. In its most recent filing year (2024), Innovative Student Facilities Inc reported a deficit of $512K, with expenses exceeding revenue. The organization holds $143.8M in liabilities against $158.2M in assets (debt-to-asset ratio: 90.9%), resulting in net assets of $14.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $12.2M | $12.7M | $158.2M | $143.8M | — | View 990 |
| 2023 | $13.0M | $12.1M | $164.2M | $149.4M | — | View 990 |
| 2022 | $12.5M | $10.9M | $167.9M | $154.0M | — | View 990 |
| 2021 | $9.0M | $10.6M | $170.0M | $157.7M | — | View 990 |
| 2020 | $8.2M | $8.8M | $173.4M | $159.5M | — | View 990 |
| 2019 | $8.6M | $9.0M | $124.8M | $110.4M | — | View 990 |
| 2018 | $-297,387 | $0 | $128.4M | $113.5M | — | View 990 |
| 2017 | $-1,758,504 | $0 | $131.2M | $116.0M | — | View 990 |
| 2016 | $-5,316,242 | $0 | $95.8M | $78.8M | — | View 990 |
| 2015 | $282K | $0 | $97.6M | $75.3M | — | View 990 |
| 2014 | $12.8M | $0 | $99.0M | $77.0M | — | View 990 |
| 2013 | $-900,484 | $0 | $98.6M | $89.3M | — | View 990 |
| 2012 | $3.2M | $0 | $80.4M | $70.2M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $12.2M, expenses of $12.7M, and assets of $158.2M (revenue -6.1% year-over-year).
- 2023: Revenue of $13.0M, expenses of $12.1M, and assets of $164.2M (revenue +3.6% year-over-year).
- 2022: Revenue of $12.5M, expenses of $10.9M, and assets of $167.9M (revenue +39.8% year-over-year).
- 2021: Revenue of $9.0M, expenses of $10.6M, and assets of $170.0M (revenue +8.9% year-over-year).
- 2020: Revenue of $8.2M, expenses of $8.8M, and assets of $173.4M (revenue -3.9% year-over-year).
- 2019: Revenue of $8.6M, expenses of $9.0M, and assets of $124.8M.
- 2018: Revenue of $-297,387, expenses of $0, and assets of $128.4M.
- 2017: Revenue of $-1,758,504, expenses of $0, and assets of $131.2M.
- 2016: Revenue of $-5,316,242, expenses of $0, and assets of $95.8M (revenue -1983.9% year-over-year).
- 2015: Revenue of $282K, expenses of $0, and assets of $97.6M (revenue -97.8% year-over-year).
- 2014: Revenue of $12.8M, expenses of $0, and assets of $99.0M.
- 2013: Revenue of $-900,484, expenses of $0, and assets of $98.6M (revenue -128.0% year-over-year).
- 2012: Revenue of $3.2M, expenses of $0, and assets of $80.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovative Student Facilities Inc:
Data Sources and Methodology
This transparency report for Innovative Student Facilities 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.