Civic Intelligence

Innovate Albion Inc.

EIN 83-4622653 • 501(c)3 • Albion, MI

Pub. 78 Eligible990-N Coverage

Profile

INNOVATE Albion primary exempt purpose is to provide educational opportunities for K-12 grade students in the areas of science technology engineering and math.

16000 W Michigan AveAlbion, MI 49224

https: innovatealbion.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

66th percentile

0.01x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.02x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

1.7%

Higher net margin than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

1.4%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-37%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$278,803

Up $3,883 (+1.4%) from 2023

Liabilities

$2,199

No earlier filing loaded for comparison.

Net Assets

Up

$276,604

Up $1,684 (+0.6%) from 2023

Operations
Liabilities / Revenue74th percentileNet Margin50th percentile

Revenue

Down

$101,441

Down $59,038 (-37%) from 2023

Expenses

Up

$99,757

Up $46,283 (+87%) from 2023

Net Income

Down

$1,684

Down $105,321 (-98%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2023: $274,920Net Assets 2023: $274,9202023Assets 2024: $278,803Liabilities 2024: $2,199Net Assets 2024: $276,6042024

Highlighted filing

2024

Assets$278,803
Liabilities$2,199
Net Assets$276,604
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2023: $160,479Expenses 2023: $53,474Net Income 2023: $107,0052023Revenue 2024: $101,441Expenses 2024: $99,757Net Income 2024: $1,6842024

Highlighted filing

2024

Revenue$101,441
Expenses$99,757
Net Income$1,684
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$278,803
Liabilities
$2,199
Net assets
$276,604
Revenue
$101,441
Expenses
$99,757
Net income
$1,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$0.02$2.77$1.01$1.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.75$2.75$1.60$0.53$1.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 21, 2025
Return Version
2024v5.1
Gross Receipts
$101,441
Mission and Program Overview

Mission

INNOVATE Albion primary exempt purpose is to provide educational opportunities for K-12 grade students in the areas of science technology engineering and math.

Program Services

DescriptionGrantsExpenses
The FIRST Robotics Competition program at INNOVATE Albion served a total of 40 students in 2024. Funds were used to purchase materials for the enrolled students to design and build a competition robot for the season. Materials included motors aluminum extrusions and electronics. Funds were also used to offset the cost of competition registrations. In 2024 the 40 enrolled students excelled at the competition level and represented INNOVATE Albion and our mission to provide hands on learning at the local state and national levels.$0$31,858
The FIRST Tech Challenge program at INNOVATE Albion served a total of 15 students in 2024. Funds were used to purchase materials for the enrolled students to design and build a competition robot for the season as well as offset the cost of participating in three competition events between September and December 2024. Materials purchased included wheels motors aluminum extrusions electronics and nuts and bolts. The students enrolled in this program represented the mission of INNOVATE Albion at the local and state level during their competition season.$0$5,606
The FIRST Lego League team program at INNOVATE Albion served a total of 35 students in 2024. Funds were used to purchase the necessary materials for enrolled students to build their Lego robot purchase the necessary game field and provide team spirit items such as t-shirts at no cost to the participants. Funds were also used to pay registration fees for five teams of students to participate in the regional competition.$0$2,634
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William DobbinsPresident-$0--
Elmer LeeVice PresidentPT$0--
Emily VerbekeTreasurer-$0--
Caroline HurteauExecutive DirectorPT$0--
Annette NorrisBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Innovate Albion Inc
EIN
83-4622653
In Care Of
% William Dobbins
Address
16000 W Michigan Ave, Albion, MI 49224

Signing Officer

Name
Sarah Brinkman
Title
Controller
Signed
2025-04-21
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| Grant Distibution, $17500|”

Part I, line 16

“| Other Expenses:, Amount:| FIRST Lego League, $2634| FIRST Tech Challange, $5606| FIRST Robotics Competition, $31858| FIRST Sparklers, $630| Merchant Fees, $187| Special events, $25| Contract services, $685| Furniture Equipment, $7325| Operations and supplies, $1970| Professional development, $427| Insurance, $985| Dues and Subscriptions, $2432| Program expenses - reusable and consumable, $15727| Advertising, $732|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $70251, $70251| Prepaids, $0, $966| Accounts Recievable, $0, $2500| Adjustment - A correction was made to total assets to account for an understated asset from the prior year ensuring accurate reporting in 2024, $0, $3211|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Adjustment - Total liabilities reflect current obligations properly recorded in 2024. A prior-year omission resulted in an overstatement of net assets which is now corrected., $0, $2199|”

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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/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Grant Distibution, $17500|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| FIRST Lego League, $2634| FIRST Tech Challange, $5606| FIRST Robotics Competition, $31858| FIRST Sparklers, $630| Merchant Fees, $187| Special events, $25| Contract services, $685| Furniture Equipment, $7325| Operations and supplies, $1970| Professional development, $427| Insurance, $985| Dues and Subscriptions, $2432| Program expenses - reusable and consumable, $15727| Advertising, $732|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Other assets, $70251, $70251| Prepaids, $0, $966| Accounts Recievable, $0, $2500| Adjustment - A correction was made to total assets to account for an understated asset from the prior year ensuring accurate reporting in 2024, $0, $3211|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Adjustment - Total liabilities reflect current obligations properly recorded in 2024. A prior-year omission resulted in an overstatement of net assets which is now corrected., $0, $2199|
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah Brinkman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Controller
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Innovate Albion Inc
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ReturnHeader/Filer/EIN0834622653
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ReturnHeader/Filer/InCareOfNm0% William Dobbins
ReturnHeader/Filer/USAddress/AddressLine1Txt016000 W Michigan Ave
ReturnHeader/Filer/USAddress/CityNm0Albion
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049224
ReturnHeader/ReturnTs02025-04-17T16:26:41-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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