INNOVATIVE EDUCATION INTERNATIONAL INC

EIN: 473832880 501(c)(3) International Affairs

Fort Wayne, IN

Total Revenue
$274,955
Total Expenses
$280,873
Total Assets
$10,754
Net Assets
$7,699
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
IN
Principal Officer
Gerald W Friesen
Phone
7655061303
Tax Period
2023-01-01 to 2023-12-31

INNOVATIVE EDUCATION INTERNATIONAL INC, founded in 2015, is a small nonprofit in the International Affairs sector that reported $275K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

Provide sustainable computer-based educational solutions to develop moral integrity, relational effectiveness, and marketplace competencies for children in under-resourced regions of the world.

Program Service Accomplishments

Program 1
Expenses: $145,000 Revenue: $8,667

The IEI program is impacting 8 schools and more than 2000 students in Sinoe County, Liberia. Each school has been equipped with a laptop digital classroom (SmartBox) with the latest learning...

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The IEI program is impacting 8 schools and more than 2000 students in Sinoe County, Liberia. Each school has been equipped with a laptop digital classroom (SmartBox) with the latest learning software. Gospel Y-Clubs have been established in each school with over 200 in the program. A Saturday program engaged 50 students in sewing and gardening.

Program 2
Expenses: $33,000 Revenue: $48,000

In addition to Sinoe County, in 2023 the IEI program supplied a total of six SmartBoxes to schools in other Liberian counties. The SmartBoxes are being used for educational research and learning. The...

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In addition to Sinoe County, in 2023 the IEI program supplied a total of six SmartBoxes to schools in other Liberian counties. The SmartBoxes are being used for educational research and learning. The SmartBoxes are paid for by donations from churches, nonprofit organizations and individuals.

Program 3
Expenses: $41,300 Revenue: $63,800

In 2023, in addition to the six SmartBoxes IEI provided to schools in Liberia, the organization provided 14 SmartBoxes and SmartServers to schools and orphanages in eight other countries of the...

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In 2023, in addition to the six SmartBoxes IEI provided to schools in Liberia, the organization provided 14 SmartBoxes and SmartServers to schools and orphanages in eight other countries of the world. The SmartBoxes are paid for by donations from churches, nonprofit organizations and individuals.

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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 (2023)

Revenue Breakdown

Contributions & Grants $154,488
Program Service Revenue $120,467
Investment Income $0
Other Revenue $0
TOTAL REVENUE $274,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $30,487
Program Expenses $219,300
Other Expenses $280,873
TOTAL EXPENSES $280,873

Year-over-Year Comparison

2023 2022 Change
Revenue $274,955 $202,974 +0.4%
Expenses $280,873 $202,976 +0.4%
Net Income $-5,918 $-2 +2958.0%
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
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
6
$21,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gerald Friesen Executive Director 30
Director
$21,000 $0 $21,000
Jon Roth Treasurer 1
Officer Director
$0 $0 $0
Leon Amstutz Secretary 1
Officer Director
$0 $0 $0
Wayne MacBeth President 5
Officer Director
$0 $0 $0
Thomas Swen Trustee 1
Director
$0 $0 $0
Chris Rousseau Trustee 1
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
2024 No data No data No data No data
2023 $274,955 $280,873 $10,754 $-5,918
2022 $202,974 $202,976 $18,698 $-2
2021 $207,077 $203,640 $19,137 $3,437
2020 $177,793 $213,856 $14,579 $-36,063
2019 $252,880 $219,693 $25,805 $33,187
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