Innovative Learning Inc
Annapolis, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $17,407,342↑10% | $16,695,933↑7% | $22,143,679↑51% | |
| 2022 | $15,755,864↑1% | $15,580,306↑10% | $14,693,405 | — |
| 2021 | $15,553,956↑3% | $14,202,051↑2% | $14,623,081↑15% | — |
| 2020 | $15,035,877↑4% | $13,989,938 | $12,734,453↑11% | — |
| 2019 | $14,515,758↑2% | $13,943,866↑5% | $11,519,491↑8% | — |
| 2018 | $14,269,869↑11% | $13,225,074↑7% | $10,687,870↑15% | — |
| 2016 | $12,813,986↑1% | $12,397,048↑2% | $9,311,068↑3% | — |
| 2015 | $12,659,297↑12% | $12,107,199↑16% | $9,030,945↑9% | — |
| 2014 | $11,331,745↑18% | $10,480,278↑12% | $8,269,778↑13% | — |
| 2013 | $9,603,262↑1% | $9,323,139 | $7,286,921↓3% | — |
| 2012 | $9,476,304 | $9,324,182↑1% | $7,500,655↑1% | — |
| 2011 | $9,467,580 | $9,229,101 | $7,440,244 | — |
Frequently Asked Questions
What does Innovative Learning Inc do?▼
Innovative Learning Inc is a education nonprofit organization based in Maryland. It is classified under NTEE code B28Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Innovative Learning Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Innovative Learning Inc has a score of 74/100 (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 Learning Inc generate?▼
Innovative Learning Inc reports $18.6M in annual revenue and holds $22.7M in total assets, based on IRS filings.