NEW ORLEANS, LA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INSTITUTE FOR LOCAL INNOVATIONS INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $622K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $564K left a modest 9% surplus.
The mission of the Institute for Local Innovations ILI is to foster and promote innovative solutions at the local level to address various social economic and environmental challenges within communities. ILI aims to empower local leaders organizations and individuals by providing the necessary tools resources and support to develop and implement effective and sustainable solutions. ILI facilitates collaboration and knowledge sharing among stakeholders including non-profit organizations businesses philanthropy and community members. ILI's work involves conducting research organizing workshops and training programs providing technical assistance and capacity building and facilitating networks and partnerships. ILI aims to enable communities to tackle various issues such as poverty inequality climate change urban development education and public health. ILI supports Community Economic Development and Storytelling through Technology transfer.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $622,178 | $442,555 | +0.4% |
| Expenses | $563,975 | $442,555 | +0.3% |
| Net Income | $58,203 | $0 | N/A |
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 |
|---|---|---|---|---|---|---|
| Scott Bernstein | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Hattie B Dorsey | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| John E Nelson | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Lance C Buhl | Director | 0.10 |
Director
|
$0 | $0 | $0 |
| Davorio Stevenson | Treasurer | 0.10 |
Officer
|
$0 | $0 | $0 |
| Mizell v Nkosi | President | 30.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $622,178 | $563,975 | $58,203 | $58,203 |
| 2022 | $442,555 | $442,555 | $113,433 | No data |
| 2017 | $534,849 | $506,282 | $54,688 | $28,567 |
Compare INSTITUTE FOR LOCAL INNOVATIONS INC with other nonprofits in Louisiana and across the country.