San Antonio, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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)
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...
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.
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...
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)
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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