Civic Intelligence

Innovative Opportunities Inc.

990 • Fiscal year 2021 • EIN 34-1800949

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

667 -d Lakeview Plaza BlvdWorthington, OH 43085

(614) 436-0909

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.41x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.21x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

38th percentile

5.2%

Higher net margin than 38% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

54th percentile

12%

Faster asset growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

13%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$379,612

Up $40,152 (+12%) from 2020

Net Assets

Up

$222,845

Up $53,250 (+31%) from 2020

Liabilities

Down

$156,767

Down $13,098 (-7.7%) from 2020

Revenue

Up

$759,505

Up $87,493 (+13%) from 2020

Expenses

Up

$719,903

Up $134,086 (+23%) from 2020

Net Income

Down

$39,602

Down $46,593 (-54%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2015: $8,870Liabilities 2015: $6,165Net Assets 2015: $2,7052015Assets 2017: $106,600Liabilities 2017: $75,531Net Assets 2017: $31,0692017Assets 2018: $66,793Liabilities 2018: $68,973Net Assets 2018: -$2,1802018Assets 2019: $292,513Liabilities 2019: $202,280Net Assets 2019: $90,2332019Assets 2020: $339,460Liabilities 2020: $169,865Net Assets 2020: $169,5952020Assets 2021: $379,612Liabilities 2021: $156,767Net Assets 2021: $222,8452021Assets 2022: $334,637Liabilities 2022: $150,629Net Assets 2022: $184,0082022Assets 2023: $331,823Liabilities 2023: $155,781Net Assets 2023: $176,0422023Assets 2024: $400,996Liabilities 2024: $154,990Net Assets 2024: $246,0062024

Highlighted filing

2021

Assets$379,612
Liabilities$156,767
Net Assets$222,845

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2015: $178,221Expenses 2015: $181,167Net Income 2015: -$2,9462015Revenue 2017: $536,255Expenses 2017: $522,114Net Income 2017: $14,1412017Revenue 2018: $517,301Expenses 2018: $545,034Net Income 2018: -$27,7332018Revenue 2019: $638,798Expenses 2019: $541,887Net Income 2019: $96,9112019Revenue 2020: $672,012Expenses 2020: $585,817Net Income 2020: $86,1952020Revenue 2021: $759,505Expenses 2021: $719,903Net Income 2021: $39,6022021Revenue 2022: $422,466Expenses 2022: $460,992Net Income 2022: -$38,5262022Revenue 2023: $341,234Expenses 2023: $347,418Net Income 2023: -$6,1842023Revenue 2024: $482,178Expenses 2024: $414,296Net Income 2024: $67,8822024

Highlighted filing

2021

Revenue$759,505
Expenses$719,903
Net Income$39,602
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.0
Gross Receipts
$759,505
Mission and Program Overview

Mission

To provide job training and other services to developmentally disabled individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$255,615$240,252▼ $15,363
Rtn Earn Endowment Incm Other Fnds$169,595$222,845▲ $53,250
Cash and Non-Interest-Bearing Accounts$34,705$64,113▲ $29,408
Accounts Receivable$17,920$30,726▲ $12,806
Savings and Temporary Cash Investments$26,448$29,227▲ $2,779
Intangible Assets$1,961$12,483▲ $10,522
Prepaid Expenses and Deferred Charges$2,811$2,811→ $0
Total Assets$339,460$379,612▲ $40,152
Liabilities
Other Liabilities$132,539$114,763▼ $17,776
Accounts Payable and Accrued Expenses$37,326$42,004▲ $4,678
Total Liabilities$169,865$156,767▼ $13,098
Net Assets / Fund Balance
Total Net Assets Fund Balance$169,595$222,845▲ $53,250
Total Liabilities and Net Assets / Fund Balance$339,460$379,612▲ $40,152

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$219,407$13,008$232,415
Other Land Buildings$2,004$58,841$60,845
Land$15,000-$15,000
Equipment$3,841$4,082$7,923
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janet SewardCEO/presiden
Jennifer FisherTreasurer
David BloomVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$43,283
Program Service Revenue
$716,222
Investment Income
$0
Other Revenue
$0
All Other Contributions
$34,512
Change in Net Assets
$39,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$610,991
Other Expenses$108,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$564,659--$564,659
Occupancy$51,402--$51,402
Payroll Taxes$45,130--$45,130
Travel$22,650--$22,650
Depreciation Depletion$17,242--$17,242
Interest$6,421--$6,421
Office Expenses$3,606--$3,606
Other Employee Benefits$1,202--$1,202
Other Expenses$675--$675
All Other Expenses$600--$600
Advertising$564--$564
Total Functional Expenses$719,903$0$0$719,903
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
LEESBURG BLDG PAYABLE:MORTGAGE PAYAB$110,724
Payroll Liabilities$2,503
Loans Payable$1,536
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

David bloom jennifer fisher vice pres. Treasurer daughter

Form 990, Page 6, Part VI, Line 11B

Directors reviewed the return after it was completed.

Form 990, Page 6, Part VI, Line 12C

All decisions are reviewed by all directors before any action is taken.

Form 990, Page 6, Part VI, Line 15A

Compensation for the directors/officers will not happen until more revenue is generated by the nonprofit organization.

Form 990, Page 6, Part VI, Line 15B

Compensation for the directors/officers will not happen until more revenue is generated by the nonprofit organization.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Innovative Opportunities
EIN
34-1800949
Phone
6144360909
Address
667 -D LAKEVIEW PLAZA BLVD, WORTHINGTON, OH 43085

Signing Officer

Name
Jennifer Fisher
Title
Treasurer
Phone
6144360909
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janet Seward
Formed
1994
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
104

Preparer

Firm
Bloom Financial Systems
Address
667 LAKEVIEW PLAZA BLVD STE D, WORTHINGTON, OH 43085
Preparer
Gail Bloom
Phone
6144360946
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

MINOR DONATIONS RECEIVED

Form 990, Part XI, Line 9

Book / tax depreciation difference -5

Raw XML Appendix367 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DECISIONS ARE REVIEWED BY ALL DIRECTORS BEFORE ANY ACTION IS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR THE DIRECTORS/OFFICERS WILL NOT HAPPEN UNTIL MORE REVENUE IS GENERATED BY THE NONPROFIT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE DIRECTORS/OFFICERS WILL NOT HAPPEN UNTIL MORE REVENUE IS GENERATED BY THE NONPROFIT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE -5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GAIL BLOOM
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ReturnHeader/ReturnTs02022-06-23T12:49:24-05:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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