Civic Intelligence

Innovative Industries Inc

990 • Fiscal year 2021 • EIN 43-0923010

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 10, 2021

421 W Centennial AvenueCarthage, MO 64836

(417) 358-6891

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

29th percentile

1.4%

Higher net margin than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

8th percentile

-10%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

13%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,585,879

Down $179,201 (-10%) from 2020

Net Assets

Up

$1,524,415

Up $20,299 (+1.3%) from 2020

Liabilities

Down

$61,464

Down $199,500 (-76%) from 2020

Revenue

Up

$1,490,867

Up $176,767 (+13%) from 2020

Expenses

Up

$1,470,567

Up $160,575 (+12%) from 2020

Net Income

Up

$20,300

Up $16,192 (+394%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,401,492Liabilities 2011: $44,606Net Assets 2011: $1,356,8862011Assets 2012: $1,315,546Liabilities 2012: $38,562Net Assets 2012: $1,276,9842012Assets 2013: $1,378,186Liabilities 2013: $79,007Net Assets 2013: $1,299,1792013Assets 2014: $1,369,712Liabilities 2014: $72,151Net Assets 2014: $1,297,5612014Assets 2015: $1,417,050Liabilities 2015: $66,896Net Assets 2015: $1,350,1542015Assets 2016: $1,547,901Liabilities 2016: $62,742Net Assets 2016: $1,485,1592016Assets 2017: $1,562,630Liabilities 2017: $66,217Net Assets 2017: $1,496,4132017Assets 2018: $1,561,424Liabilities 2018: $71,522Net Assets 2018: $1,489,9022018Assets 2019: $1,563,986Liabilities 2019: $63,978Net Assets 2019: $1,500,0082019Assets 2020: $1,765,080Liabilities 2020: $260,964Net Assets 2020: $1,504,1162020Assets 2021: $1,585,879Liabilities 2021: $61,464Net Assets 2021: $1,524,4152021Assets 2022: $1,598,373Liabilities 2022: $82,950Net Assets 2022: $1,515,4232022Assets 2023: $2,141,828Liabilities 2023: $202,506Net Assets 2023: $1,939,3222023Assets 2024: $2,004,540Liabilities 2024: $188,173Net Assets 2024: $1,816,3672024

Highlighted filing

2021

Assets$1,585,879
Liabilities$61,464
Net Assets$1,524,415

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $703,023Expenses 2011: $787,935Net Income 2011: -$84,9122011Revenue 2012: $650,398Expenses 2012: $730,300Net Income 2012: -$79,9022012Revenue 2013: $846,165Expenses 2013: $823,970Net Income 2013: $22,1952013Revenue 2014: $967,981Expenses 2014: $969,599Net Income 2014: -$1,6182014Revenue 2015: $1,169,661Expenses 2015: $1,106,118Net Income 2015: $63,5432015Revenue 2016: $1,478,119Expenses 2016: $1,352,568Net Income 2016: $125,5512016Revenue 2017: $1,318,849Expenses 2017: $1,304,316Net Income 2017: $14,5332017Revenue 2018: $1,245,234Expenses 2018: $1,251,934Net Income 2018: -$6,7002018Revenue 2019: $1,374,284Expenses 2019: $1,364,178Net Income 2019: $10,1062019Revenue 2020: $1,314,100Expenses 2020: $1,309,992Net Income 2020: $4,1082020Revenue 2021: $1,490,867Expenses 2021: $1,470,567Net Income 2021: $20,3002021Revenue 2022: $1,519,849Expenses 2022: $1,528,841Net Income 2022: -$8,9922022Revenue 2023: $2,308,806Expenses 2023: $1,887,432Net Income 2023: $421,3742023Revenue 2024: $1,531,840Expenses 2024: $1,654,795Net Income 2024: -$122,9552024

Highlighted filing

2021

Revenue$1,490,867
Expenses$1,470,567
Net Income$20,300
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 10, 2021
Return Version
2020v4.1
Gross Receipts
$1,506,071
Mission and Program Overview

Mission

Provide employment for developmentally disabled individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,057,410$1,012,391▼ $45,019
Cash and Non-Interest-Bearing Accounts$432,320$407,130▼ $25,190
Accounts Receivable$162,976$129,225▼ $33,751
Prepaid Expenses and Deferred Charges$78,596--
Inventories for Sale or Use$21,441$21,441→ $0
Investments in Publicly Traded Securities$11,640$14,995▲ $3,355
Other Notes and Loans Receivable, Net$697$697→ $0
Total Assets$1,765,080$1,585,879▼ $179,201
Liabilities
Accounts Payable and Accrued Expenses$260,964$61,464▼ $199,500
Total Liabilities$260,964$61,464▼ $199,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,504,116$1,524,415▲ $20,299
Total Net Assets Fund Balance$1,504,116$1,524,415▲ $20,299
Total Liabilities and Net Assets / Fund Balance$1,765,080$1,585,879▼ $179,201

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$123,078$608,907$731,985
Buildings$290,378$241,654$532,032
Leasehold Improvements$209,911$291,118$501,029
Land$389,024-$389,024
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy ColePresident
Susan WendletonVice President
Alice ChorumBoard Member
Gage TillerBoard Member
Jeff BomanBoard Member
Jermey HuletteBoard Member
Judy MooreBoard Member
Mark ElliffBoard Member
Charlotte MontagueSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$519,876
Program Service Revenue
$936,439
Investment Income
$3,631
Other Revenue
$30,921
All Other Contributions
$69
Change in Net Assets
$20,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,490,867
Revenue Not Reported on Form 990
$15,203
Total Revenue per Audited Statements
$1,506,070
Total Revenue per Form 990
$1,490,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,038,860
Other Expenses$431,707
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$588,734$391,386$0$980,120
All Other Expenses$58,396$32,031$0$90,427
Depreciation Depletion$75,024$8,336$0$83,360
Payroll Taxes$41,118$17,622$0$58,740
Other Expenses$32,565$0$0$32,565
Office Expenses$0$13,665$0$13,665
Advertising$8,371$0$0$8,371
Fees for Services Accounting$0$8,000$0$8,000
Interest$0$29$0$29
Total Functional Expenses$999,498$471,069$0$1,470,567

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,485,771
Expenses per Audited Statements$1,470,567
Total Expenses per Form 990$1,470,567
Expenses Not Reported on Form 990$15,204
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Innovative Industries Inc
EIN
43-0923010
Phone
4173586891
Address
421 W CENTENNIAL AVENUE, CARTHAGE, MO 64836

Signing Officer

Name
Amy Cole
Title
President
Phone
4173586891
Signed
2021-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Cole
Formed
1969
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
78
Volunteers
0

Preparer

Firm
Taylor Green Pc
Address
PO BOX 150, NEOSHO, MO 64850
Preparer
Nancy Green
Phone
4174513036
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board of directors reviews and approves the form 990 prior to submission

Pt VI, Line 15A

The board of directors approves the pay for the general manager

Pt XI

ROUNDING

Financial Statement Notes

Pt XI, Line 2D

COST OF GOODS SOLD

Pt XII, Line 2D

COST OF GOODS SOLD

Raw XML AppendixShowing 400 of 471 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt078596
IRS990/PrincipalOfficerNm0AMY COLE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0812900
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE CONTRACTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0936439
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0331728
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0816
IRS990/PYOtherExpensesAmt0394487
IRS990/PYOtherRevenueAmt022966
IRS990/PYProgramServiceRevenueAmt0958590
IRS990/PYRevenuesLessExpensesAmt04108
IRS990/PYSalariesCompEmpBnftPaidAmt0915505
IRS990/PYTotalExpensesAmt01309992
IRS990/PYTotalRevenueAmt01314100
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt020300
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0970991
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: OTHER INCOME 2016: 41935. 2017: 31965. 2018: 30805. 2019: 22966. 2020: 30921.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0519876
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0331728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0343936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0256025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0287945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01739510
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0816
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05381
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01768
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0936439
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0958590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0994162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0955172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0987201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04831564
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0816
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01768
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013668
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt030921
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt022966
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt030805
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt031965
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt041935
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0158592
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.97450
IRS990ScheduleA/PublicSupportPY509Pct00.97500
IRS990ScheduleA/PublicSupportTotal509Amt06571074
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01456315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01290318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01338098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01211197
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01275146
IRS990ScheduleA/Total509Grp/TotalAmt06571074
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06743334
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0290378
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0241654
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0532032
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123078
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0608907
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0731985
IRS990ScheduleD/ExpensesNotReportedAmt015204
IRS990ScheduleD/ExpensesSubtotalAmt01470567
IRS990ScheduleD/LandGrp/BookValueAmt0389024
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0389024
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0209911
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0291118
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0501029
IRS990ScheduleD/OtherExpensesIncludedAmt015204
IRS990ScheduleD/OtherRevenueAmt015203
IRS990ScheduleD/RevenueNotReportedAmt015203
IRS990ScheduleD/RevenueSubtotalAmt01490867
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF GOODS SOLD
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01012391
IRS990ScheduleD/TotalExpensesPerForm990Amt01470567
IRS990ScheduleD/TotalRevenuePerForm990Amt01490867
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01506070
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01485771
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS APPROVES THE PAY FOR THE GENERAL MANAGER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01765080
IRS990/TotalAssetsEOYAmt01585879
IRS990/TotalAssetsGrp/BOYAmt01765080
IRS990/TotalAssetsGrp/EOYAmt01585879

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.19$1.82$1.53$1.65$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.20$1.94$2.31$1.89$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.08$1.52$1.52$1.53$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.06$1.52$1.49$1.47$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.26$1.50$1.31$1.31$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.06$1.50$1.37$1.36$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.07$1.49$1.25$1.25$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.07$1.50$1.32$1.30$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.06$1.49$1.48$1.35$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.07$1.35$1.17$1.11$0.06
2014Summary only. Only limited summary data is available for this year.$1.37$0.07$1.30$0.97$0.97$0.00
2013Summary only. Only limited summary data is available for this year.$1.38$0.08$1.30$0.85$0.82$0.02
2012Summary only. Only limited summary data is available for this year.$1.32$0.04$1.28$0.65$0.73$0.08
2011Summary only. Only limited summary data is available for this year.$1.40$0.04$1.36$0.70$0.79$0.08