INNOVATIONS HOUSING INC

EIN: 680316090 501(c)(3) Housing & Shelter

Sacramento, CA

Total Revenue
$96,162
Total Expenses
$254,963
Total Assets
$323,098
Net Assets
$323,098
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
James Koenigsaecker
Phone
5309498630
Tax Period
2022-07-01 to 2023-06-30

INNOVATIONS HOUSING INC, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $96K in total revenue in fiscal year 2022. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $255K exceeded revenue, resulting in a 165% operating deficit.

Mission

The organization's charitable purpose is to protect and foster natural and human habitats for living working and playing in Northern California and East Africa with a special focus on the needs of the economically disadvantaged.

Program Service Accomplishments

Program 1
Expenses: $182,162 Revenue: $45,135

Rental and upkeep of affordable housing. Supported and promoted wildlife conservation efforts. Supported education for impoverished children in rural areas.

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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 (2022)

Revenue Breakdown

Contributions & Grants $45,135
Program Service Revenue $0
Investment Income $45,827
Other Revenue $5,200
TOTAL REVENUE $96,162

Expense Breakdown

Grants Paid $70,719
Salaries & Benefits $124,490
Fundraising Expenses $0
Program Expenses $182,162
Other Expenses $59,754
TOTAL EXPENSES $254,963

Year-over-Year Comparison

2022 2021 Change
Revenue $96,162 $154,625 -0.4%
Expenses $254,963 $370,917 -0.3%
Net Income $-158,801 $-216,292 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
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
$94,492
Total Directors
5
$0
Key Employees
1
$94,492
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James G Koenigsaecker CEO 40.00
Officer Key Emp
$94,492 $0 $94,492
David Twyman Director 0.00
Director
$0 $0 $0
Margaret Long Director 0.00
Director
$0 $0 $0
Jim Warnemuende Director 0.00
Director
$0 $0 $0
Jeff Worthington Treasurer 0.00
Officer Director
$0 $0 $0
Terry Topolski Secretary 0.00
Officer 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
2023 $96,162 $254,963 $323,098 $-158,801
2022 $154,625 $370,917 $460,961 $-216,292
2021 $47,786 $226,302 $559,554 $-178,516
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