Innventure
Innventure reports zero revenue and assets in its latest filing, following years of modest financial activity.
EIN: 205446392 · Omaha, NE · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $25K |
| Program Spending | 75% |
| Net Assets | $9K |
| Transparency Score | 40/100 |
Is Innventure Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Innventure directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Innventure
Innventure (EIN: 205446392) is a nonprofit organization based in Omaha, NE, classified under NTEE code X21. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innventure's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innventure is a micro nonprofit that has been operating for 18 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -28.0%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $25K |
| Surplus / Deficit | $-4,507 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -21.7% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2012, Innventure reported a deficit of $5K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2011–2012), Innventure's revenue has declined at a compound annual growth rate (CAGR) of -28.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -28.0% | -3.5% | -34.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Innventure with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Innventure allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% in both 2011 and 2012, indicating that the organization's leadership was not compensated, which is common for very small or volunteer-run nonprofits.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Innventure's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or dissolution.
- Consistent net losses in operational years (e.g., $20,803 revenue vs. $25,310 expenses in 2012).
Strengths
The following positive indicators were identified for Innventure:
- Zero officer compensation reported in active years (2011, 2012).
- No reported liabilities in active years (2011, 2012).
Frequently Asked Questions about Innventure
Is Innventure a legitimate charity?
Innventure (EIN: 205446392) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 40/100. It has 2 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Innventure spend its money?
Innventure directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Innventure tax-deductible?
Innventure is registered as a tax-exempt nonprofit (EIN: 205446392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Innventure's spending goes to programs?
Innventure directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Innventure compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Innventure is near average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Innventure located?
Innventure is headquartered in Omaha, Nebraska and files with the IRS under EIN 205446392. It is classified under NTEE code X21.
How many years of IRS 990 filings does Innventure have?
Innventure has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Innventure still an active organization?
The latest filing showing $0 revenue and $0 assets suggests Innventure may no longer be active or has ceased operations.
What were Innventure's primary expenses in 2011 and 2012?
The provided data does not offer a detailed breakdown of expenses beyond total expenses of $26,226 in 2011 and $25,310 in 2012.
How did Innventure fund its operations when expenses exceeded revenue?
In 2012, expenses ($25,310) exceeded revenue ($20,803), likely drawing down on prior year's assets or reserves, as assets decreased from $13,186 to $8,680.
Filing History
IRS 990 filing history for Innventure showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Innventure's revenue has declined by 28%, moving from $29K to $21K. Total assets decreased by 34.2% over the same period, from $13K to $9K. Total functional expenses fell by 3.5%, from $26K to $25K. In its most recent filing year (2012), Innventure reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $21K | $25K | $9K | $0 | — | View 990 |
| 2011 | $29K | $26K | $13K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innventure:
Data Sources and Methodology
This transparency report for Innventure 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.