Innovative Users Group
EIN: 352553722 · Boulder, CO · NTEE: W02
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $370K |
| Net Assets | $216K |
Is Innovative Users Group Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Innovative Users Group
Innovative Users Group (EIN: 352553722) is a nonprofit organization based in Boulder, CO, classified under NTEE code W02. The organization reported total revenue of $238K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovative Users Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovative Users Group is a small nonprofit that has been operating for 29 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $370K |
| Surplus / Deficit | $-123,664 |
| Total Assets | $327K |
| Total Liabilities | $111K |
| Net Assets | $216K |
| Operating Margin | -50.1% |
| Debt-to-Asset Ratio | 33.9% |
| Months of Reserves | 10.6 months |
Financial Health Grade: B
In 2023, Innovative Users Group reported a deficit of $124K with expenses exceeding revenue, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 33.9% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Innovative Users Group's revenue has declined at a compound annual growth rate (CAGR) of -15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.1% | +99.4% | -22.5% |
| 2022 | -15.3% | -0.2% | -5.0% |
| 2021 | +196.1% | +75.3% | -7.1% |
| 2020 | -82.3% | -72.8% | -9.6% |
| 2019 | +4.8% | +11.7% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Innovative Users Group 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 Users Group 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 $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.9%.
Frequently Asked Questions about Innovative Users Group
Is Innovative Users Group a legitimate charity?
Innovative Users Group (EIN: 352553722) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $238K. No red flags identified. Financial health grade: B.
How does Innovative Users Group spend its money?
Innovative Users Group reported $238K 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 Users Group tax-deductible?
Innovative Users Group is registered as a tax-exempt nonprofit (EIN: 352553722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Innovative Users Group located?
Innovative Users Group is headquartered in Boulder, Colorado and files with the IRS under EIN 352553722. It is classified under NTEE code W02.
How many years of IRS 990 filings does Innovative Users Group have?
Innovative Users Group 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 $238K in total revenue.
Filing History
IRS 990 filing history for Innovative Users Group showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Innovative Users Group's revenue has declined by 74.1%, moving from $951K to $247K. Total assets decreased by 33.3% over the same period, from $490K to $327K. Total functional expenses fell by 11.8%, from $420K to $370K. In its most recent filing year (2023), Innovative Users Group reported a deficit of $124K, with expenses exceeding revenue. The organization holds $111K in liabilities against $327K in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $370K | $327K | $111K | — | — |
| 2022 | $162K | $186K | $421K | $82K | — | View 990 |
| 2021 | $191K | $186K | $444K | $80K | — | View 990 |
| 2020 | $65K | $106K | $478K | $116K | — | View 990 |
| 2019 | $365K | $390K | $528K | $125K | — | — |
| 2018 | $348K | $349K | $559K | $131K | — | View 990 |
| 2017 | $432K | $409K | $572K | $133K | — | View 990 |
| 2016 | $496K | $462K | $579K | $162K | — | View 990 |
| 2015 | $951K | $420K | $490K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $370K, and assets of $327K (revenue +52.1% year-over-year).
- 2022: Revenue of $162K, expenses of $186K, and assets of $421K (revenue -15.3% year-over-year).
- 2021: Revenue of $191K, expenses of $186K, and assets of $444K (revenue +196.1% year-over-year).
- 2020: Revenue of $65K, expenses of $106K, and assets of $478K (revenue -82.3% year-over-year).
- 2019: Revenue of $365K, expenses of $390K, and assets of $528K (revenue +4.8% year-over-year).
- 2018: Revenue of $348K, expenses of $349K, and assets of $559K (revenue -19.4% year-over-year).
- 2017: Revenue of $432K, expenses of $409K, and assets of $572K (revenue -12.8% year-over-year).
- 2016: Revenue of $496K, expenses of $462K, and assets of $579K (revenue -47.9% year-over-year).
- 2015: Revenue of $951K, expenses of $420K, and assets of $490K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovative Users Group:
Data Sources and Methodology
This transparency report for Innovative Users Group 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.