Innovative Lifestyles Inc
Clarkston, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,685,505↑18% | $6,062,977 | $2,271,072↑71% | |
| 2022 | $5,683,444↓10% | $6,092,744↑14% | $1,331,293↓8% | — |
| 2021 | $6,333,556↑29% | $5,325,294↑5% | $1,440,300↑35% | — |
| 2020 | $4,911,899↑6% | $5,054,607↑10% | $1,067,782↑73% | — |
| 2019 | $4,655,123↓6% | $4,590,473↓10% | $616,038↑11% | — |
| 2018 | $4,975,293↑4% | $5,098,685↑8% | $555,581↓23% | — |
| 2017 | $4,792,899↑11% | $4,719,082↑9% | $720,290↑9% | — |
| 2016 | $4,305,873↑10% | $4,333,658↑11% | $658,264↑15% | — |
| 2015 | $3,922,254↓17% | $3,910,657↓19% | $572,481↓3% | — |
| 2014 | $4,702,315 | $4,809,455↑3% | $590,491↓4% | — |
| 2013 | $4,683,044↓2% | $4,683,002↓3% | $616,170↓22% | — |
| 2012 | $4,778,691↑4% | $4,833,313↑7% | $790,203↑23% | — |
| 2011 | $4,608,000 | $4,525,082 | $642,952 | — |
Frequently Asked Questions
What does Innovative Lifestyles Inc do?▼
Innovative Lifestyles Inc is a medical research nonprofit organization based in Michigan. It is classified under NTEE code H99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Innovative Lifestyles Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Innovative Lifestyles Inc has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Innovative Lifestyles Inc generate?▼
Innovative Lifestyles Inc reports $4.9M in annual revenue and holds $735K in total assets, based on IRS filings.
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