Education
(B99)
990 on File
INNOVATIVE EDUCATION MANAGEMENT INC
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
82/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$43.4M
Total Revenue
$37.7M
Total Expenses
$32.7M
Net Assets
47
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.6%
Fundraising Efficiency
N/A
Operating Reserve
10.41x
Liability-to-Asset
19.0%
Revenue Diversification
73.9%
Executive Compensation
$315K
Compared with Peers
FY 2024
Compared with 1,943 similar organizations
(United States, Education, $10M–$100M 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
|
83.6% | 84.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.4% | 13.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.4 mo | 10.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.0% | 31.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.9% | 88.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
35.3% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
26.3% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.1% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $43.4M | $37.7M | $32.7M | 83.6% | 47 |
| 2023 | $32.0M | $29.8M | $27.0M | 84.8% | 47 |
| 2022 | $32.4M | $25.0M | $24.9M | 91.5% | 47 |
| 2021 | $24.5M | $21.2M | N/A | — | 33 |
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