Innovative Alternatives Inc
- Assets
- $847.1k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 29
- Location
- Houston, TX
- Founding
- 11/1989
- Data as of
- 09/2021
- EIN
- 76-0284343
Organization Overview
Innovative Alternatives Inc is located in Houston, TX. The organization was established in 1989. According to its NTEE Classification (I44) the organization is classified as: Prison Alternatives, under the broad grouping of Crime & Legal-Related and related organizations. As of 09/2021, Innovative Alternatives Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovative Alternatives 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 09/2021, Innovative Alternatives Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.9m during the year ending 09/2021. While expenses have increased by 7.4% per year over the past 6 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
INNOVATIVE ALTERNATIVES, INC. IS FINDING SOLUTIONS TO LIFE'S MOST DIFFICULT PEOPLE PROBLEMS THROUGH MEDIATION COUNSELING AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S MENTAL HEALTH PROGRAMS HELP FIND SOLUTIONS TO LIFE'S MOST DIFFICULT PEOPLE PROBLEMS THROUGH MEDIATION, COUNSELING, AND TRAINING. THE ORGANIZATION'S MEDIATION PROGRAMS GUIDE DISPUTING PARTIES THROUGH PROVEN STAGES OF COMMUNICATION THAT PROMOTES RECONCILIATION, SETTLEMENT AND/OR UNDERSTANDING BETWEEN THEM. MEDIATION SERVICES INCLUDE FAMILY MEDIATION; COMMUNITY MEDIATION; DIVORCE & CUSTODY; FAITH-BASED SERVICES; SCHOOL PROGRAMS AND VICTIM/OFFENDER MEDIATION PROGRAMS. COUNSELING SERVICES INCLUDE GENERAL COUNSELING, FAMILY PRESERVATION AND VICTIM ASSISTANCE. THE ORGANIZATION'S TRAINING PROGRAM TRAINS MEDIATORS IN BUSINESSES, SCHOOLS AND OTHER ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Bayus President | Officer | 40 | $125,000 |
Debbie Corn Director Of Finance | Officer | 40 | $78,346 |
Dennis Stetzel Chairman | OfficerTrustee | 2 | $0 |
Stacy Dickson Treasurer | OfficerTrustee | 2 | $0 |
Constance Austin Secretary | OfficerTrustee | 2 | $0 |
Sean Armistead Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,915 |
| Related organizations | $0 |
| Government grants | $1,156,301 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,391 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,228,607 |
| Total Program Service Revenue | $1,094,220 |
| Investment income | $427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$20,086 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,303,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $242,559 |
| Compensation of current officers, directors, key employees. | $120,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $745,818 |
| Pension plan accruals and contributions | $11,970 |
| Other employee benefits | $114,102 |
| Payroll taxes | $80,690 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,691 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $365,301 |
| Advertising and promotion | $12,860 |
| Office expenses | $8,071 |
| Information technology | $62,907 |
| Royalties | $0 |
| Occupancy | $181,296 |
| Travel | $2,212 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,167 |
| Interest | $61 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,362 |
| Insurance | $15,618 |
| All other expenses | $21,797 |
| Total functional expenses | $1,945,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $321,378 |
| Savings and temporary cash investments | $229,314 |
| Pledges and grants receivable | $157,015 |
| Accounts receivable, net | $80,731 |
| 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 | $4,513 |
| Net Land, buildings, and equipment | $52,099 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $847,050 |
| Accounts payable and accrued expenses | $80,433 |
| 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 | $500,408 |
| Other liabilities | $0 |
| Total liabilities | $580,841 |
| Net assets without donor restrictions | $266,209 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $847,050 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Innovative Alternatives Inc has recieved totaling $28.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Serenity Academy Houston, TX | $2,023,938 | $7,944,299 |
Georgetown Healthcare Community Services Inc Georgetown, TX | $10,463,436 | $2,567,148 |
Remerge Of Ok County Inc Oklahoma City, OK | $9,509,584 | $1,950,806 |
Innovative Alternatives Inc Houston, TX | $847,050 | $2,303,168 |
Specialized Outpatient Services Inc Oklahoma City, OK | $762,087 | $1,361,897 |
Council On Regional Economic Expansion And Educational Dev Co El Paso, TX | $8,626,125 | $173,189 |
Securus Richard A Smith Foundation Addison, TX | $49,125 | $1,070,357 |
Crossroads Foundation Inc Slidell, LA | $5,795,334 | $123,440 |
Truth Be Told Austin, TX | $263,536 | $315,480 |
Baton Rouge Comtransition & Treat Ctr Baton Rouge, LA | $0 | $690 |
Inside Books Project Austin, TX | $191,576 | $0 |
Gettin Home Cherokee, OK | $3,271 | $0 |