Nonprofit Innovations Inc
- Assets
- $22.6k
- Revenue
- $847.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Riverdale, NY
- Founding
- 10/2003
- Data as of
- 06/2021
- EIN
- 42-1587468
Organization Overview
Nonprofit Innovations Inc is located in Riverdale, NY. The organization was established in 2003. According to its NTEE Classification (P02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Human Services and related organizations. As of 06/2021, Nonprofit Innovations Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nonprofit Innovations Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Nonprofit Innovations Inc generated $847.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.9% each year . All expenses for the organization totaled $775.5k during the year ending 06/2021. While expenses have increased by 41.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT YOUR NONPROFIT ORGANIZATION TO REFINE ITS STRATEGY, IN ORDER TO LAUNCH MAJOR NEW FUNDRAISING
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HELP MISSION-DRIVEN NONPROFITS FOSTER STRATEGIC GROWTH AND STIMULATE PROGRAMMATIC INNOVATION. THROUGH OUR FUNDRAISING COUNCIL AND SERVICES, WE HELP YOU STRENGTHEN YOUR ENDOWMENT AND BUILD RESERVES, TOWARD LONG-TERM SUSTAINABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Taylor President | OfficerTrustee | 40 | $169,663 |
Laurence A Pagnoni Chairman | OfficerTrustee | 4 | $20,073 |
Wei Ng Director | Trustee | 1 | $0 |
Lisa Schaen Director | Trustee | 1 | $0 |
Lisa Redd Director | Trustee | 1 | $0 |
Fatima Prioleau Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,508 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $847,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,566 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $432,708 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,708 |
| Payroll taxes | $47,412 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,474 |
| Advertising and promotion | $0 |
| Office expenses | $9,123 |
| Information technology | $1,500 |
| Royalties | $0 |
| Occupancy | $4,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,986 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $775,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,500 |
| Total assets | $22,626 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $800 |
| Total liabilities | $800 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $21,826 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nonprofit Innovations Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: General | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spectrum For Living Development Inc River Vale, NJ | $24,077,337 | $43,004,591 |
Promesa Administrative Services Organization Inc Paso Bronx, NY | $9,132,615 | $12,122,937 |
Western Massachusetts Training Consortium Inc Holyoke, MA | $5,374,641 | $14,055,718 |
Menorah Campus Inc Getzville, NY | $72,752,719 | $14,560,485 |
Umh Management Services Corp Binghamton, NY | $14,199,189 | $5,834,688 |
The Family Resource Network Inc East Windsor, NJ | $3,553,178 | $5,901,883 |
Asian American Federation Inc New York, NY | $9,841,196 | $10,790,109 |
Southern Alleghenies Service Management Group Altoona, PA | $1,105,443 | $2,635,804 |
R A I N Total Care Inc Bronx, NY | $371,651 | $2,213,277 |
Choice Services International Inc Bellmawr, NJ | $1,121,130 | $2,049,635 |
New England States Consortium Systems Organization Inc Shrewsbury, MA | $4,308,374 | $1,791,868 |
Nonprofit Innovations Inc Riverdale, NY | $22,626 | $847,495 |