Z โ€” UnclassifiedEIN: 383004941ยท Ruling Year: 1992

Innovative Concepts

Fort Gratiot, Michigan

DHealth Score
34D

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Poor

๐Ÿ’ฐ
$125K
Total Revenue
๐Ÿ“Š
$147K
Total Expenses
๐Ÿฆ
$269K
Net Assets
๐Ÿ“‹
$214K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-17.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.83
Net assets divided by total expenses
Liabilities-to-Assets
44.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$124,934โ†‘15%$147,008โ†‘17%$483,525โ†“6%
2022$109,027โ†“33%$125,138โ†“27%$513,370โ†“8%
2021$161,835โ†‘18%$171,853โ†‘25%$555,846โ†“12%
2020$136,823โ†‘36%$137,609โ†‘17%$633,308โ†“5%
2019$100,473โ†‘9%$117,255โ†‘7%$669,233
2018$92,079โ†‘2%$109,279โ†“1%$670,639โ†“3%
2017$90,428โ†“2%$110,898$688,233โ†“4%
2016$91,945โ†“2%$111,096โ†“73%$713,446โ†“1%
2015$93,611โ†‘5%$417,238โ†‘298%$719,198โ†“4%
2014$88,901โ†“1%$104,866โ†‘4%$751,986
2013$89,771โ†“4%$100,830โ†“2%$752,015โ†“4%
2012$93,606โ†“7%$102,887$787,388โ†“1%
2011$100,590$102,381$798,098

Frequently Asked Questions

What does Innovative Concepts do?โ–ผ

Innovative Concepts is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Innovative Concepts financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Innovative Concepts.

How much revenue does Innovative Concepts generate?โ–ผ

Innovative Concepts reports $97K in annual revenue and holds $383K in total assets, based on IRS filings.

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Innovative Concepts โ€” Fort Gratiot, MI | GiveScope