U — Science & TechnologyEIN: 640901569· Ruling Year: 1999

Innovate Mississippi

Jackson, Mississippi

B-Health Score
52B-

Financial Health Score

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

Average

💰
$2.0M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$510K
Net Assets
📋
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.4%
Year-over-year change (2022 → 2023)
Net Margin
+15.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
66.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,998,207↑14%$1,683,360↓8%$1,521,742↑56%
2022$1,747,154↑18%$1,837,164↑5%$972,487↑4%
2021$1,482,573↓20%$1,742,792↓9%$937,142↓6%
2020$1,855,161↑43%$1,922,009↑20%$997,815↑13%
2019$1,295,881↓50%$1,605,979↓7%$884,324↓47%
2018$2,602,489↓4%$1,733,780↓17%$1,675,367↑254%
2017$2,711,264↓13%$2,078,523↓29%$473,541↓17%
2016$3,130,650↑6%$2,907,366↓2%$573,502↑377%
2015$2,964,459↓5%$2,974,829↓7%$120,267↓55%
2014$3,104,327↓11%$3,215,959↓13%$264,998↑31%
2013$3,470,329↑10%$3,707,024↑14%$202,145↓58%
2012$3,151,365↓11%$3,257,878↓13%$486,138↓19%
2011$3,555,113$3,725,493$598,590

Frequently Asked Questions

What does Innovate Mississippi do?▼

Innovate Mississippi is a science & technology nonprofit organization based in Mississippi. It is classified under NTEE code U022 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Innovate Mississippi financially healthy?▼

Based on our 9-metric Financial Health Score model, Innovate Mississippi has a score of 52/100 (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 Innovate Mississippi generate?▼

Innovate Mississippi reports $4.6M in annual revenue and holds $6.6M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Science & Technology category, or browse all nonprofits in Mississippi.