INNOVATIVE COUNSELING & CONSULTING (EIN 621748612) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

NORMAN MILLER JR

Phone

9012760220

Tax Period

2024-01-01 to 2024-12-31

INNOVATIVE COUNSELING & CONSULTING, founded in 2004, is a small nonprofit in the Mental Health sector that reported $572K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $493K left a modest 14% surplus.

Mission

TO PROVIDE QUALITY AND AFFORDABLE SUBSTANCE ABUSE, MENTAL HEALTH, AND CO-OCCURING DISORDER

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $571,815

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $571,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,465

Fundraising Expenses $0

Program Expenses $458,573

Other Expenses $279,780

TOTAL EXPENSES $493,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$571,815	$423,440	+0.4%
Expenses	$493,245	$391,154	+0.3%
Net Income	$78,570	$32,286	+1.4%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$33,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP BRADEN	PRESIDENT	1.00	Officer	$0	$0	$0
APRIL HUBBARD	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MICHAEL DESHAZER	TREASURER	1.00	Officer	$0	$0	$0
WILLIAM TROY WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0
FREDDA BURNETTE JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDRE DEAN	BOARD MEMBER	1.00	Director	$0	$0	$0
REV RONNIE C KING	BOARD MEMBER	1.00	Director	$0	$0	$0
DESIREE LYLES WALLACE	BOARD MEMBER	1.00	Director	$0	$0	$0
NORMAN MILLER JR	EXECUTIVE DIRECTOR	35.00	Director	$33,644	$0	$33,644

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	$571,815	$493,245	$49,285	$78,570
2024	$571,815	$493,245	$9,285	$78,570
2023	$423,440	$391,154	$43,596	$32,286
2022	$434,547	$387,712	$24,623	$46,835
2021	$377,141	$430,025	No data	$-52,884
2020	$400,663	$391,269	$4,480	$9,394
2019	$351,890	$369,241	$17,916	$-17,351
2018	$349,471	$363,810	$29,462	$-14,339

INNOVATIVE COUNSELING & CONSULTING