Innovative Network of Knowledge

EIN: 455251954 501(c)(3) Youth Development

San Antonio, TX

Total Revenue
$28,741,661
Total Expenses
$28,678,932
Total Assets
$5,999,792
Net Assets
$2,325,016
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
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

INNOVATIVE NETWORK OF KNOWLEDGE PROVIDES COMPREHENSIVE EDUCATION AND FAMILY SUPPORT SERVICES TO DISADVANTAGED FAMILIES THANKS TO STRONG PARTNERSHIPS WITH DISTRICTS, INNOVATIVE (AND FUN!) CURRICULUMS AND PASSIONATE FOUNDATIONS FOR LEARNING AND ACADEMIC SUCCESS.

Program Service Accomplishments

Program 1
Expenses: $10,059,629 Revenue: $1,880

The JVLCDG grant provided educational services to 317 children during the 2024-2025 school year. The locations included Victoria ISD, Waelder ISD, Yoakum ISD, Nixon-Smiley ISD, Victoria HS and EHS...

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The JVLCDG grant provided educational services to 317 children during the 2024-2025 school year. The locations included Victoria ISD, Waelder ISD, Yoakum ISD, Nixon-Smiley ISD, Victoria HS and EHS, Cuero EHS, Edna HS, and Port Lavaca EHS. During the 2024-2025 academic year, the EHS CCP grant had a total of 120 children served. The centers that were open were Victoria, Boerne, Edna, Cuero, Port Lavaca, Yoakum under this grant. Partnerships with local libraries were made. Center managers partnered with the libraries in their areas and had a literacy program established where parents could get library cards and join events. The libraries donated backpacks and books to our center locations. Parents were involved with committees, events, and parent meetings at each center. Our Policy Council was established by a parent at every location, and many new ideas were suggested and implemented. Parades in this area are exciting and families participate by creating floats and dressing up. Toys for Tots is a big event, (CONTINUED ON SCHEDULE O)

Program 2
Expenses: $6,765,577 Revenue: $3,059

The Innovative Network of Knowledge OPLA grant provided educational services to 475 children during the 2024-25 Year. The locations included Monroe, West Monroe, Sterlington, Richwood, Franklin...

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The Innovative Network of Knowledge OPLA grant provided educational services to 475 children during the 2024-25 Year. The locations included Monroe, West Monroe, Sterlington, Richwood, Franklin Parish, Richland and Lincoln parish. The program had 7 EHS childcare partners. The program opened EHS/HS program in Lincoln parish. This has been very exciting for this parish. The program also landed 3 classrooms in the local school system. This partnership has made it a smooth transition for our Head Start students. Parents were involved in the parent committee and policy councils. The program also had local college interns to do speech and language services for the children. The program had a total of 289 volunteers for the year. Parent involvement has increased with the implementation of Ready Rosie.

Program 3
Expenses: $4,253,077 Revenue: $36,759

The Alabama grant provided educational services to 80 children during the 2024-2025 school year. These children were Early Head Start ages birth to 3. Alabama served these children in 5 locations in...

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The Alabama grant provided educational services to 80 children during the 2024-2025 school year. These children were Early Head Start ages birth to 3. Alabama served these children in 5 locations in Walker County: Jasper, Cordova, Dora, Curry, Townley. Partnerships with our local Capstone Clinic and Child Dentistry allowed us to provide medical and dental checkups for the children. We were able to form partnerships with our local school districts, Adam Bishop Center, and ARC of Walker County to provide speech, OT, and mental health services to our children and families. We partnered with The City of Lights, a recovery program for females and have been able to serve their children in our program while the mothers are learning a workforce skill. The policy council has been very involved in our program and voted to allow an expansion which added 6 more classrooms for this upcoming year for ages 3-5. Our family specialists provided recruiting activities each month and worked with our education coaches to provide, (CONTINUED ON SCHEDULE O)

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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 $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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Governance

Voting Members
11
Independent Members
10
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
2
$374,846
Total Directors
11
$120,809
Key Employees
0
$0
Highest Compensated
2
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
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