INNOVATIVE MEDIA INC

EIN: 223587621 501(c)(3) Religion

ALPHARETTA, GA

Total Revenue
$16,635
Total Expenses
$24,722
Total Assets
$68,981
Net Assets
$57,465
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
PABLO PEREZ DE LA VEGA
Phone
9144959126
Tax Period
2021-07-01 to 2022-06-30

INNOVATIVE MEDIA INC, founded in 1997, is a micro nonprofit in the Religion sector that reported $17K in total revenue in fiscal year 2021. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $25K exceeded revenue, resulting in a 49% operating deficit.

Mission

THE CORPORATION OPERATES EXCLUSIVELY FOR RELIGIOUS AND OTHER BENEVOLENT OR CHARITABLE PURPOSES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $16,635
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $16,635

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,722
Other Expenses $24,722
TOTAL EXPENSES $24,722

Year-over-Year Comparison

2021 2020 Change
Revenue $16,635 $471,554 -1.0%
Expenses $24,722 $555,961 -1.0%
Net Income $-8,087 $-84,407 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PABLO PEREZ DE LA VEGA VICE PRESIDENT 0.50
Officer
$0 $0 $0
ALEJANDRO AGUILAR HIDALGO SECRETARY/TREASURER 0.50
Officer
$0 $0 $0
EDUARDO VIGNEAUX PRESIDENT 0.50
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $16,635 $24,722 $68,981 $-8,087
2021 $471,554 $555,961 $371,768 $-84,407
2020 $633,933 $461,293 $444,994 $172,640
2019 $459,422 $481,694 $272,354 $-22,272
2018 $1,054,529 $1,065,828 $294,626 $-11,299
Explore More Nonprofits
→Top 100 Nonprofits in Georgia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare INNOVATIVE MEDIA INC with other nonprofits in Georgia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.