INNOVATIVE CHARITIES OF NORTHWEST FLORIDA INC

EIN: 352476682 501(c)(3) Human Services

Marianna, FL

Total Revenue
$218,713
Total Expenses
$227,394
Total Assets
$101,744
Net Assets
$98,701
🔒

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
2013
Legal Domicile
FL
Principal Officer
Robert Arnold
Phone
8505735526
Tax Period
2024-01-01 to 2024-12-31

INNOVATIVE CHARITIES OF NORTHWEST FLORIDA INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $219K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Supplementing the food insecurity in Jackson, Calhoun, and Liberty counties. Also providing housing needs assistance for the homeless in Jackson and Calhoun. Supplying general household items. medical equipment and other needs, to include general benevolence, at no charge as funds allow.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $26,899
Program Service Revenue $94,100
Investment Income $5
Other Revenue $97,709
TOTAL REVENUE $218,713

Expense Breakdown

Grants Paid $61,522
Salaries & Benefits $59,054
Fundraising Expenses $0
Program Expenses $153,630
Other Expenses $106,818
TOTAL EXPENSES $227,394

Year-over-Year Comparison

2024 2023 Change
Revenue $218,713 $173,756 +0.3%
Expenses $227,394 $221,834 +0.0%
Net Income $-8,681 $-48,078 -0.8%
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
7
Independent Members
N/A
Employees
4
Volunteers
20

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
4
$12,000
Total Directors
1
$12,000
Key Employees
2
$12,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert W Arnold President Director 80
Officer Director
$12,000 $0 $12,000
Shirly Arnold Manager Thrift Store 60
Key Emp
$12,000 $0 $12,000
Melissa L'Heureux Calhoun /Liberty liason 20
$0 $0 $0
Thomas S Farmer Vice President 0
Officer
$0 $0 $0
Johanna Farmer Board Member 0
Officer
$0 $0 $0
Lori Gregg Board Member 0
Officer
$0 $0 $0
Ellen JoAnn Arnold Secretary Treasurer 25
Key Emp
$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
2024 $218,713 $227,394 $101,744 $-8,681
2022 $242,706 $195,052 $165,526 $47,654
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare INNOVATIVE CHARITIES OF NORTHWEST FLORIDA INC with other nonprofits in Florida 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.