INNOVATIONS FAMILY WELLNESS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

MONTIKA COLLINS

Phone

9188911997

Tax Period

2023-01-01 to 2023-12-31

INNOVATIONS FAMILY WELLNESS, founded in 2020, is a community nonprofit in the Health Care sector that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 11644% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 58% operating margin.

Mission

OUR MISSION IS TO STRENGTHEN LOCAL COMMUNITIES BY USHERING IN A GENERATION OF HEALTHY FAMILIES REGARDLESS OF THEIR SOCIOECONOMIC STATUS.

Program Service Accomplishments

Program 1

Expenses: $12,788 Revenue: $4,775

OUR LIFT EVERY BABY EVENT IS A CELEBRATION OF THE BEST FOOD FOR ALL BABIES: BREAST MILK EACH YEAR WE COLLABORATE WITH BUSINESSES AND HEALTHCARE PROVIDERS ACROSS THE TULSA AREA TO PROMOTE...

OUR LIFT EVERY BABY EVENT IS A CELEBRATION OF THE BEST FOOD FOR ALL BABIES: BREAST MILK EACH YEAR WE COLLABORATE WITH BUSINESSES AND HEALTHCARE PROVIDERS ACROSS THE TULSA AREA TO PROMOTE BREASTFEEDING AWARENESS, AS WELL AS BRING AWARENESS TO THE DISPARITIES IN THE NUMBER OF BLACK WOMEN WHO BREASTFEED AND THE MATERNAL HEALTH CRISIS. WE HOLD OUR EVENT EACH YEAR DURING NATIONAL BREASTFEEDING MONTH AND BLACK BREASTFEEDING WEEK. WE TRULY BELIEVE THAT INCREASING OUR BREASTFEEDING NUMBERS STARTS WITH ONE COMMUNITY AT AT TIME. BLACK INFANTS AND MOTHERS ARE DYING AT ALARMING RATES. BREASTFEEDING LOWERS THE MATERNAL AND INFANT MORTALITY RATES OF US ALL. TOGETHER WE CAN NORMALIZE BREASTFEEDING NATIONWIDE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,238,034

Program Service Revenue $32,103

Investment Income $3,504

Other Revenue $0

TOTAL REVENUE $3,273,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,866

Fundraising Expenses $2,719

Program Expenses $1,127,453

Other Expenses $1,217,643

TOTAL EXPENSES $1,368,509

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,273,641	$27,874	+116.4%
Expenses	$1,368,509	$154,581	+7.9%
Net Income	$1,905,132	$-126,707	-16.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$35,306

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONTIKA COLLINS	CEO	40.00	Officer	$35,306	$0	$35,306

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	$3,273,641	$1,368,509	$2,964,415	$1,905,132
2022	$27,874	$154,581	$100,000	$-126,707
2021	$324,092	$77,186	$246,881	$246,906