INNOVATIVE SERVICES INC

EIN: 391969834 501(c)(3) Human Services

GREEN BAY, WI

Total Revenue
$21,769,231
Total Expenses
$21,580,430
Total Assets
$12,417,729
Net Assets
$4,377,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
WI
Principal Officer
MICHAEL SCHWARTZ
Phone
9204310962
Tax Period
2024-01-01 to 2024-12-31

INNOVATIVE SERVICES INC, founded in 2003, is a mid-sized nonprofit in the Human Services sector that reported $21.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

INNOVATIVE SERVICES, INC. (INNOVATIVE CARE SERVICES) IS MADE UP OF OVER 350 CARING TEAM MEMBERS SERVING PEOPLE WITH DISABILITIES THROUGHOUT WISCONSIN. INNOVATIVE PROVIDES COMMUNITY SUPPORTED LIVING, RESIDENTIAL CARE, AND MENTAL HEALTH CARE TO HUNDREDS OF PEOPLE WITH DISABILITIES AND THEIR FAMILIES. INNOVATIVE'S CLIENTS LIVE IN THEIR OWN HOMES, IN INNOVATIVE'S ADULT FAMILY HOMES, OR IN OUR COMMUNITY BASED RESIDENTIAL FACILITIES. WE SERVE YOUTH AND ADULTS WITH PHYSICAL AND MENTAL HEALTH NEEDS, INVOLVING THEM IN THEIR CARE, SO THEY CAN THRIVE.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,149,555
Program Service Revenue $16,445,808
Investment Income $173,868
Other Revenue $0
TOTAL REVENUE $21,769,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,584,649
Fundraising Expenses $0
Program Expenses $18,726,390
Other Expenses $4,995,781
TOTAL EXPENSES $21,580,430

Year-over-Year Comparison

2024 2023 Change
Revenue $21,769,231 $23,337,476 -0.1%
Expenses $21,580,430 $23,522,625 -0.1%
Net Income $188,801 $-185,149 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
5
Employees
689
Volunteers
7

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
10
$650,865
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL LAAKSO CHAIRMAN 2.00
Officer Director
$0 $0 $0
JACKIE DRAWS TREASURER 2.00
Officer Director
$0 $0 $0
RICK SENSE SECRETARY 1.00
Officer Director
$0 $0 $0
KRISTINA HACKBARTH-HORN DIRECTOR 1.00
Director
$0 $0 $0
ED KRUEGER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SCHWARTZ CEO 40.00
Officer
$183,830 $14,098 $197,928
REBECCA HRDLICKA VP OPERATIONS 40.00
Officer
$119,770 $22,012 $141,782
CAROLYN JAZGER VP FINANCE (THRU SEP 2024) 40.00
Officer
$106,404 $2,271 $108,675
KERRY BLONDHEIM VP ADMINISTRATION 20.00
Officer
$78,543 $0 $78,543
LYNN SMITS VP HUMAN RESOURCES (THRU JUNE 2024) 40.00
Officer
$67,396 $177 $67,573
AMY GILLIS VP HUMAN RESOURCES 40.00
Officer
$47,334 $0 $47,334
SARA NOAH VP FINANCE 40.00
Officer
$9,030 $0 $9,030
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 $21,769,231 $21,580,430 $12,417,729 $188,801
2023 $23,337,476 $23,522,625 $13,489,995 $-185,149
2022 $25,867,166 $23,822,485 $13,673,258 $2,044,681
2021 $25,201,501 $25,502,339 $4,761,789 $-300,838
2020 $27,821,314 $28,517,863 $5,311,567 $-696,549
2019 $33,122,222 $32,857,559 $6,449,629 $264,663
2019 $33,122,222 $32,857,559 $6,449,629 $264,663
2018 $35,074,945 $34,715,359 $5,784,588 $359,586
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