Charity Search / INNOVATION CATALYST INC
Community Improvement (S30) 990 on File

INNOVATION CATALYST INC

EIN: 46-2219934 · BATON ROUGE, LA 70806-4549 · United States · FY 2024 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 50/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$163K
Total Revenue
$276K
Total Expenses
$-243,199
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.7%
Fundraising Efficiency N/A
Operating Reserve -10.56x
Liability-to-Asset 197.8%
Revenue Diversification 99.9%
Executive Compensation $212K
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.7% 83.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.4% 13.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-10.6 mo 11.3 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
197.8% 3.1%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
99.9% 92.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
460.1% 7.1%
P10P90
Expense growth
Year over year expense growth
93.4% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
-69.6% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $163K $276K $-243,199 81.7% 1
2023 $29K $143K $-129,775 75.2% 1
2022 $20K $143K $-16,031 66.4% 1
2021 $233K $156K $107K 61.9% 1
2020 $173K $149K N/A 1
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Organization Details
EIN
46-2219934
State
LA
City
BATON ROUGE
ZIP
70806-4549
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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