Nonprofit screen
Screen a listInnovation Network for Communities Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(2)
$4.0Mrevenue
FY2024 · −7% in 3 yrs15staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−10.0%
Months of reserve5.4mo
Revenue growth (annualized)+10.2%
Middle half of peersMedianInnovation Network for Communities
Where the money goes FY2024 · $4.4M spent
Programs$4.1M94%Management and general$264k6%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 10% of revenue stopped after FY2021
The Bloomberg Family Foundation Inc gave $450k in FY2021, 10% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$64k in FY2022, −$216k in FY2023 and −$397k in FY2024. Cash covers 5.4 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 10% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 3 of its 4 returns, 2% of revenue in FY2023.
990 Part VIII40funders
$2.5Ma year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23Barr FoundationSince FY2020$450k$550k$450k$598kThe Kresge FoundationEvery year since FY2017$89k$262k$290k$250k$230k$200k$200kUnited States Energy FoundationSince FY2020$150k$415k$450k$200kRockefeller Brothers Fund IncSince FY2020$317k$243k$135k$30kThe Bank of America Charitable Foundation IncEvery year since FY2017$75k$25k$25k$25k$175k$175k$50kThe Bloomberg Family Foundation IncOn and off$450kDonor-advised giftsDonors not disclosed$106k$205k$375k$155k$90k$460k$895k17 other fundersUp to $271k a year each$371k$485k$175k$255k$678k$525k$190k
FundedThrough a donor-advised fund