Innovative Network of Knowledge (EIN 455251954) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Phone

2109051000

Tax Period

2024-09-01 to 2025-08-31

Innovative Network of Knowledge, founded in 1998, is a mid-sized nonprofit in the Youth Development sector that reported $28.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE SERVICES TO FAMILIES AND CHILDREN IN NEED, ASSISTING THEM BY PROVIDING SCHOOL AND FAMILY RELATED SERVICES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,609,791

Program Service Revenue $41,697

Investment Income $62,907

Other Revenue $27,266

TOTAL REVENUE $28,741,661

Expense Breakdown

Grants Paid $6,006

Salaries & Benefits $15,191,515

Fundraising Expenses $0

Program Expenses $25,096,651

Other Expenses $13,481,411

TOTAL EXPENSES $28,678,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,741,661	$25,157,482	+0.1%
Expenses	$28,678,932	$24,719,292	+0.2%
Net Income	$62,729	$438,190	-0.9%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

536

Volunteers

1600

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

$374,846

Total Directors

$120,809

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
George Cowden III	Chairman	1.0	Officer Director	$0	$0	$120,809
Alan Griffin	Director	1.0	Director	$0	$0	$0
Cameron Vickrey	Director	1.0	Director	$0	$0	$0
David Sprouse	Director	1.0	Director	$0	$0	$0
Doug Browne	Director	1.0	Director	$0	$0	$0
Jennifer Jones	Director	1.0	Director	$0	$0	$0
Jesse Flores	Director	1.0	Director	$0	$0	$0
Karen Alexander Simmons	Director	1.0	Director	$0	$0	$0
Myra Starkey	Director	1.0	Director	$0	$0	$0
Scott Sharman	Director	1.0	Director	$0	$0	$0
Steve Brown	Director	1.0	Director	$0	$0	$0
Sharon Shetter	President	60.0	Officer	$231,803	$22,234	$254,037
Nicole Spenrath	Grants Director	50.0	Highest	$108,521	$12,178	$120,699
Priscilla Garza	Grants Director	50.0	Highest	$101,033	$5,649	$106,682

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
2025	$28,741,661	$28,678,932	$5,999,792	$62,729
2024	$25,157,482	$24,719,292	$4,906,446	$438,190
2023	$16,763,026	$16,782,431	$4,274,034	$-19,405
2022	$13,804,336	$13,874,902	$2,820,092	$-70,566
2021	$10,517,501	$11,068,723	$2,940,366	$-551,222
2020	$16,260,346	$16,137,001	$2,270,291	$123,345
2019	$15,105,883	$15,666,416	$1,837,222	$-560,533
2018	$15,956,143	$15,913,118	$2,127,133	$43,025

Innovative Network of Knowledge