Network For Change And Continuous Innovation Inc
Network For Change And Continuous Innovation Inc faces recent operational deficits despite stable assets and no reported officer compensation.
EIN: 201327887 · Bloomington, IN · NTEE: B40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $603K |
| Total Expenses | $217K |
| Program Spending | 75% |
| Net Assets | $257K |
| Transparency Score | 70/100 |
Is Network For Change And Continuous Innovation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Network For Change And Continuous Innovation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Network For Change And Continuous Innovation Inc
Network For Change And Continuous Innovation Inc (EIN: 201327887) is a nonprofit organization based in Bloomington, IN, classified under NTEE code B40. The organization reported total revenue of $603K and total assets of $409K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Network For Change And Continuous Innovation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Network For Change And Continuous Innovation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $217K |
| Surplus / Deficit | $-23,897 |
| Total Assets | $442K |
| Total Liabilities | $184K |
| Net Assets | $257K |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 24.5 months |
Financial Health Grade: B
In 2023, Network For Change And Continuous Innovation Inc reported a deficit of $24K with expenses exceeding revenue, holds 24.5 months of operating reserves (strong position), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Network For Change And Continuous Innovation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.3% | +36.0% | +10.4% |
| 2022 | -42.3% | -14.3% | -11.8% |
| 2021 | -10.4% | +6.0% | -3.5% |
| 2020 | -54.7% | -43.6% | +6.4% |
| 2019 | +16.3% | +12.0% | +26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Network For Change And Continuous Innovation Inc with a Mission Score of 70 out of 100 (Good). 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, Network For Change And Continuous Innovation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for resource allocation relative to the organization's size and revenue.
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 Network For Change And Continuous Innovation Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 expenses $216,527 vs. revenue $192,630)
- Increasing trend in liabilities over time, reaching $184,380 in 2023
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Network For Change And Continuous Innovation Inc:
- No reported officer compensation across all filings, indicating efficient use of funds for executive leadership
- Consistent IRS 990 filing history, demonstrating transparency and compliance
- Stable asset base despite recent operational deficits, providing some financial resilience
Frequently Asked Questions about Network For Change And Continuous Innovation Inc
Is Network For Change And Continuous Innovation Inc a legitimate charity?
Network For Change And Continuous Innovation Inc (EIN: 201327887) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $603K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Network For Change And Continuous Innovation Inc spend its money?
Network For Change And Continuous Innovation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Network For Change And Continuous Innovation Inc tax-deductible?
Network For Change And Continuous Innovation Inc is registered as a tax-exempt nonprofit (EIN: 201327887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Network For Change And Continuous Innovation Inc's spending goes to programs?
Network For Change And Continuous Innovation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Network For Change And Continuous Innovation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Network For Change And Continuous Innovation Inc is above average for NTEE category B40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Network For Change And Continuous Innovation Inc located?
Network For Change And Continuous Innovation Inc is headquartered in Bloomington, Indiana and files with the IRS under EIN 201327887. It is classified under NTEE code B40.
How many years of IRS 990 filings does Network For Change And Continuous Innovation Inc have?
Network For Change And Continuous Innovation 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 $603K in total revenue.
Is Network For Change And Continuous Innovation Inc financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenue in the last three reported periods (2023, 2022, 2021). While current assets of $441,783 (2023) provide a buffer, this trend of deficit spending, coupled with increasing liabilities ($184,380 in 2023), raises questions about long-term financial sustainability if not addressed.
How does the organization manage its liabilities?
Liabilities have shown an increasing trend, from $50,468 in 2015 to $184,380 in 2023. This growth in liabilities, especially in conjunction with recent operational deficits, suggests a need for closer examination of their debt management strategies.
What is the breakdown of program versus administrative spending?
The provided data does not include a detailed functional expense breakdown (program, administrative, fundraising). Therefore, it is not possible to definitively assess the exact proportion of spending dedicated to programs versus overhead from this summary.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings indicates that the organization's officers are either unpaid volunteers or compensated through other means not classified as officer compensation on the 990, which is a strong positive for resource allocation efficiency.
Filing History
IRS 990 filing history for Network For Change And Continuous Innovation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Network For Change And Continuous Innovation Inc's revenue has grown by 7.2%, moving from $180K to $193K. Total assets increased by 122.7% over the same period, from $198K to $442K. Total functional expenses rose by 25.5%, from $173K to $217K. In its most recent filing year (2023), Network For Change And Continuous Innovation Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $184K in liabilities against $442K in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $257K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $217K | $442K | $184K | — | View 990 |
| 2022 | $92K | $159K | $400K | $123K | — | View 990 |
| 2021 | $160K | $186K | $454K | $76K | — | — |
| 2020 | $178K | $175K | $470K | $87K | — | View 990 |
| 2019 | $393K | $311K | $442K | $67K | — | View 990 |
| 2018 | $338K | $278K | $349K | $54K | — | View 990 |
| 2017 | $287K | $290K | $377K | $142K | — | View 990 |
| 2016 | $299K | $265K | $302K | $65K | — | View 990 |
| 2015 | $271K | $236K | $255K | $50K | — | View 990 |
| 2014 | $248K | $219K | $241K | $71K | — | View 990 |
| 2013 | $181K | $205K | $228K | $88K | — | View 990 |
| 2012 | $199K | $180K | $258K | $94K | — | View 990 |
| 2011 | $180K | $173K | $198K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $217K, and assets of $442K (revenue +109.3% year-over-year).
- 2022: Revenue of $92K, expenses of $159K, and assets of $400K (revenue -42.3% year-over-year).
- 2021: Revenue of $160K, expenses of $186K, and assets of $454K (revenue -10.4% year-over-year).
- 2020: Revenue of $178K, expenses of $175K, and assets of $470K (revenue -54.7% year-over-year).
- 2019: Revenue of $393K, expenses of $311K, and assets of $442K (revenue +16.3% year-over-year).
- 2018: Revenue of $338K, expenses of $278K, and assets of $349K (revenue +17.7% year-over-year).
- 2017: Revenue of $287K, expenses of $290K, and assets of $377K (revenue -4.0% year-over-year).
- 2016: Revenue of $299K, expenses of $265K, and assets of $302K (revenue +10.2% year-over-year).
- 2015: Revenue of $271K, expenses of $236K, and assets of $255K (revenue +9.4% year-over-year).
- 2014: Revenue of $248K, expenses of $219K, and assets of $241K (revenue +36.6% year-over-year).
- 2013: Revenue of $181K, expenses of $205K, and assets of $228K (revenue -8.9% year-over-year).
- 2012: Revenue of $199K, expenses of $180K, and assets of $258K (revenue +10.8% year-over-year).
- 2011: Revenue of $180K, expenses of $173K, and assets of $198K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Network For Change And Continuous Innovation Inc:
Data Sources and Methodology
This transparency report for Network For Change And Continuous Innovation 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.