INVENTIONS FOR GOOD INC

EIN: 470983278 501(c)(3) International Affairs

GREENSBORO, NC

Total Revenue
$214,826
Total Expenses
$126,199
Total Assets
$1,105,640
Net Assets
$1,105,640
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Principal Officer
STEPHANIE SEDBERRY
Phone
3363395665
Tax Period
2024-05-01 to 2025-04-30

INVENTIONS FOR GOOD INC, founded in 2014, is a small nonprofit in the International Affairs sector that reported $215K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $89K, a strong 41% operating margin.

Mission

TO INVENT AND SUPPORT TECHNOLOGIES THAT SOLVE HUMANITARIAN PROBLEMS - ANY PROBLEM, ANYWHERE IN THE WORLD.

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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 $214,410
Program Service Revenue $0
Investment Income $416
Other Revenue $0
TOTAL REVENUE $214,826

Expense Breakdown

Grants Paid $71,966
Salaries & Benefits $18,135
Fundraising Expenses $3,265
Program Expenses $83,397
Other Expenses $36,098
TOTAL EXPENSES $126,199

Year-over-Year Comparison

2024 2023 Change
Revenue $214,826 $309,009 -0.3%
Expenses $126,199 $91,588 +0.4%
Net Income $88,627 $217,421 -0.6%
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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
2

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
$18,000
Total Directors
4
$18,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE SEDBERRY EXECUTIVE DIRECTOR 1.00
Officer Director
$18,000 $0 $18,000
DEMITRI BALABANOV FOUNDER AND CHAIR 1.00
Officer Director
$0 $0 $0
ROBBY HARRIS MEMBER, BOARD OF DIRECTORS (TO DEC '24) 1.00
Director
$0 $0 $0
DR ELENA MURGU ZIU MEMBER, BOARD OF DIRECTORS (FROM JAN '25) 1.00
Director
$0 $0 $0
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 $214,826 $126,199 $1,105,640 $88,627
2024 $309,009 $91,588 $1,014,492 $217,421
2023 $800,673 $55,589 $797,071 $745,084
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