Optimal Innovation Group
- Assets
- $10.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Golden, CO
- Founding
- Data as of
- 12/2022
- EIN
- 86-2521945
Organization Overview
Optimal Innovation Group is located in Golden, CO. According to its NTEE Classification (P01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Optimal Innovation Group 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 12/2022, Optimal Innovation Group generated $89.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $133.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IN 2022, OPTIMAL INNOVATION GROUP CONTINUE TO BRING INNOVATION AND TRAINING TO THOSE WORKING WITH UNDERSERVED COMMUNITIES. THE HIGHLIGHTS OF THIS WORK INCLUDED WORK WITH HIV PROVIDERS, FEDERALLY QUALIFIED HEALTH CENTERS, MENTAL HEALTH PROVIDERS, HOMELESS SERVICES, AND ADDICTION TREATMENT PROFESSIONALS. WE ALSO COMPLETED SEVERAL LARGE QUALITY IMPROVEMENT PROJECTS WITH THE DISTRICT OF COLUMBIA PRIMARY CARE ASSOCIATION, ASSOCIATIONS FOR THE CLINICIANS OF THE UNDERSERVES, NATIONAL HEALTH CARE FOR THE HOMELESS COUNCIL, AND THE COLORADO DEPARTMENT OF PUBLIC HEALTH AND ENVIRONMENT. WE ALSO CONTINUED OUR FIGHT AGAINST HEALTH INEQUITY BY CONTINUING TO SUPPORT THE HEART RATE VARIABILITY PODCAST AND WORKING WITH ORGANIZATIONS TO IMPLEMENT TECHNOLOGY INTO THEIR SERVICE DELIVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Bennett President And Executive Director | 40 | $100,000 | |
Jeff Somers Treasurer | 2 | $0 | |
Ben Riley Secretary | 2 | $0 | |
Inna Khazan Vice President | 2 | $0 | |
Deborah Borne Director | 2 | $0 | |
Vivian Lobo Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,650 |
| Total Program Service Revenue | $76,821 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,471 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $101,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $80 |
| Other expenses | $31,596 |
| Total expenses | $133,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,689 |
| Other assets | $0 |
| Total assets | $10,778 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,778 |
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