Civic Intelligence

Innovative Industries Inc

990 • Fiscal year 2022 • EIN 43-0923010

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 12, 2022

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

47th percentile

0.05x

Higher debt load relative to assets than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

43rd percentile

0.05x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

33rd percentile

-0.6%

Higher net margin than 33% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

48th percentile

0.8%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

1.9%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,598,373

Up $12,494 (+0.8%) from 2021

Net Assets

Down

$1,515,423

Down $8,992 (-0.6%) from 2021

Liabilities

Up

$82,950

Up $21,486 (+35%) from 2021

Revenue

Up

$1,519,849

Up $28,982 (+1.9%) from 2021

Expenses

Up

$1,528,841

Up $58,274 (+4.0%) from 2021

Net Income

Down

-$8,992

Down $29,292 (-144%) from 2021

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

2022

Assets$1,598,373
Liabilities$82,950
Net Assets$1,515,423

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

2022

Revenue$1,519,849
Expenses$1,528,841
Net Income-$8,992
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 12, 2022
Return Version
2021v4.1
Gross Receipts
$1,536,158
Mission and Program Overview

Mission

Provide employment for developmentally disabled individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,012,391$1,057,205▲ $44,814
Accounts Receivable$129,225$269,062▲ $139,837
Cash and Non-Interest-Bearing Accounts$407,130$235,346▼ $171,784
Inventories for Sale or Use$21,441$21,441→ $0
Investments in Publicly Traded Securities$14,995$14,622▼ $373
Other Notes and Loans Receivable, Net$697$697→ $0
Total Assets$1,585,879$1,598,373▲ $12,494
Liabilities
Accounts Payable and Accrued Expenses$61,464$82,950▲ $21,486
Total Liabilities$61,464$82,950▲ $21,486
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,524,415$1,515,423▼ $8,992
Total Net Assets Fund Balance$1,524,415$1,515,423▼ $8,992
Total Liabilities and Net Assets / Fund Balance$1,585,879$1,598,373▲ $12,494

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$193,037$654,403$847,440
Buildings$275,312$258,520$533,832
Leasehold Improvements$199,832$301,197$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
Jeremy HuletteBOARD MEMBER`
Charlotte MontagueSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$320,866
Program Service Revenue
$1,154,151
Investment Income
$437
Other Revenue
$44,395
All Other Contributions
$240
Change in Net Assets
$-8,992

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,519,849
Revenue Not Reported on Form 990
$16,309
Total Revenue per Audited Statements
$1,536,158
Total Revenue per Form 990
$1,519,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,065,548
Other Expenses$463,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$596,287$393,426$0$989,713
All Other Expenses$70,051$25,705$0$95,756
Depreciation Depletion$68,977$7,664$0$76,641
Payroll Taxes$53,085$22,750$0$75,835
Other Expenses$38,857$0$0$38,857
Office Expenses$0$12,739$0$12,739
Advertising$9,339$0$0$9,339
Fees for Services Accounting$0$8,200$0$8,200
Travel$0$286$0$286
Total Functional Expenses$1,058,071$470,770$0$1,528,841

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,545,150
Expenses per Audited Statements$1,528,841
Total Expenses per Form 990$1,528,841
Expenses Not Reported on Form 990$16,309
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
2022-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Cole
Formed
1969
Legal Domicile
Mo
Voting Board Members
6
Independent Board Members
6
Employees
80
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 446 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0320866
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0519876
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0331728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0343936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0256025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01772431
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0437
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0816
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05381
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02072
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012337
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01154152
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0936439
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0958590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0994162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0955172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04998515
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0816
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012337
IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt044395
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt030921
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt022966
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt030805
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt031965
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0161052
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.97500
IRS990ScheduleA/PublicSupportPY509Pct00.97450
IRS990ScheduleA/PublicSupportTotal509Amt06770946
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01475018
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01456315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01290318
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01338098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01211197
IRS990ScheduleA/Total509Grp/TotalAmt06770946
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06944335
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/BookValueAmt0275312
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0258520
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0533832
IRS990ScheduleD/EquipmentGrp/BookValueAmt0193037
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0654403
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0847440
IRS990ScheduleD/ExpensesNotReportedAmt016309
IRS990ScheduleD/ExpensesSubtotalAmt01528841
IRS990ScheduleD/LandGrp/BookValueAmt0389024
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0389024
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0199832
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0301197
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0501029
IRS990ScheduleD/OtherExpensesIncludedAmt016309
IRS990ScheduleD/OtherRevenueAmt016309
IRS990ScheduleD/RevenueNotReportedAmt016309
IRS990ScheduleD/RevenueSubtotalAmt01519849
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/TotalBookValueLandBuildingsAmt01057205
IRS990ScheduleD/TotalExpensesPerForm990Amt01528841
IRS990ScheduleD/TotalRevenuePerForm990Amt01519849
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01536158
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01545150
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/TotalAssetsBOYAmt01585879
IRS990/TotalAssetsEOYAmt01598373
IRS990/TotalAssetsGrp/BOYAmt01585879
IRS990/TotalAssetsGrp/EOYAmt01598373
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0320866
IRS990/TotalEmployeeCnt080
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0470770
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01058071
IRS990/TotalFunctionalExpensesGrp/TotalAmt01528841
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt061464
IRS990/TotalLiabilitiesEOYAmt082950
IRS990/TotalLiabilitiesGrp/BOYAmt061464
IRS990/TotalLiabilitiesGrp/EOYAmt082950
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01524415
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01515423
IRS990/TotalProgramServiceExpensesAmt01058071
IRS990/TotalProgramServiceRevenueAmt01154151
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01198983
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01519849
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01585879
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01598373
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0286
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0286

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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
2022Detailed filing. Detailed filing data is available for this year.$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