INNOV8TEC INC (EIN 923261133) - 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

2023

Legal Domicile

Principal Officer

TIM D'JOCK

Phone

7156889629

Tax Period

2024-01-01 to 2024-12-31

INNOV8TEC INC, founded in 2023, is a micro nonprofit in the Environment sector that reported $25K in total revenue in fiscal year 2024. The organization ran a surplus of $15K, a strong 58% operating margin.

Mission

INNOV8TEC.ORG IS COMMITTED TO CATALYZING AND MERGING THE NECESSARY DIVERSE INTERESTS THROUGH COLLABORATIVE EXPERTISE TO ACHIEVE A RICHER AND HEALTHIER COMMONS FOR MORE VITAL COMMUNITIES AND A HEALTHIER ENVIRONMENT, UTILIZING RESOURCES AND IDEAS PROVIDED THROUGH GREEN ENERGY TEST-BED PROVEN PROJECTS. INNOV8TEC.ORG IS PROJECT DRIVEN WITH FOCUS ON EMPOWERING YOUTH AND DISADVANTAGED COMMUNITIES TO BUILD SUSTAINABLE ECONOMIC DEVELOPMENT, HEALTHY FOOD RESOURCES AND DURABLE WORKFORCE DEVELOPMENT.

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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 $100

Program Service Revenue $0

Investment Income $11

Other Revenue $25,000

TOTAL REVENUE $25,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,800

Other Expenses $10,603

TOTAL EXPENSES $10,603

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,111	N/A	N/A
Expenses	$10,603	N/A	N/A
Net Income	$14,508	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIAN BLAISDELL	BOARD MEMBER	N/A	Officer	$0	$0	$0
TIM D'JOCK	PRESIDENT	N/A	Officer	$0	$0	$0
TIMOTHY EDWARDS	BOARD MEMBER	N/A	Officer	$0	$0	$0
GABE EPSTEIN	BOARD MEMBER	N/A	Officer	$0	$0	$0
TAMARA HOPWOOD	VP/TREASURER	N/A	Officer	$0	$0	$0
CHARLIE KRAMER	BOARD MEMBER	N/A	Officer	$0	$0	$0
MARGARET RAYMONDE THOMAS	BOARD MEMBER	N/A	Officer	$0	$0	$0
JEFF VIVIER	BOARD MEMBER	N/A	Officer	$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	$25,111	$10,603	$26,508	$14,508
2024	$25,111	$10,603	$26,508	$14,508

INNOV8TEC INC