Innovative Services Inc
- Assets
- $2.9m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 85
- Location
- Owings Mills, MD
- Founding
- Data as of
- 06/2015
- EIN
- 52-2233465
Organization Overview
Innovative Services Inc is located in Owings Mills, MD. As of 06/2015, Innovative Services Inc employed 85 individuals. Innovative Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
INNOVATIVE SERVICES, INC. WAS INCORPORATED ON JUNE 24, 1999 IN THE STATE OF MARYLAND TO PROVIDE RESIDENTIAL AND SUPPORT SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE RESIDENTIAL AND SUPPORT SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Tunji Oyefusi Executive Director | Officer | 40 | $154,234 |
Kimberly Oyefusi Treasurer | OfficerTrustee | 40 | $94,637 |
Hilda Lively Fnp-Bc President | OfficerTrustee | 2 | $0 |
Eugenia Drye Board Member | Trustee | 2 | $0 |
Shernika Randall Board Member | Trustee | 2 | $0 |
Stephanie Rich Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $435 |
| Investment income | $4,858 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,752 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,581,595 |
| 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. | $260,813 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,354,619 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,584 |
| Payroll taxes | $117,392 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,244 |
| Fees for services: Accounting | $20,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,185 |
| Advertising and promotion | $459 |
| Office expenses | $66,226 |
| Information technology | $6,289 |
| Royalties | $0 |
| Occupancy | $177,731 |
| Travel | $42,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87,494 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,120 |
| Insurance | $96,708 |
| All other expenses | $0 |
| Total functional expenses | $2,552,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,367 |
| Savings and temporary cash investments | $802 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,912 |
| Loans from Officers, Directors, or Controlling Persons | $247,349 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,334 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,512 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,393 |
| Total assets | $2,925,685 |
| Accounts payable and accrued expenses | $97,727 |
| 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 | $1,730,747 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $97,398 |
| Total liabilities | $1,925,872 |
| Net assets without donor restrictions | $999,813 |
| 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 | $999,813 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |