Charity Search / FOUNDATION4INNOVATION INC
Community Improvement (S30) 990 on File

FOUNDATION4INNOVATION INC

EIN: 87-3985130 · MONTEREY, CA 93940-4203 · United States · FY 2024 Data
2 out of 5 28 / 100 Based on 2+ years of filings
Financial strength (30%) 42/100
Reliability (20%) 40/100
Effectiveness (25%) 31/100
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
$31K
Total Revenue
$27K
Total Expenses
$13K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 12.9%
Fundraising Efficiency N/A
Operating Reserve 5.98x
Liability-to-Asset N/A
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 4,020 similar organizations (United States, Community Improvement, under $100K 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
12.9% 81.6%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.0 mo 23.9 mo
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 98.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
108.3% -1.8%
P10P90
Expense growth
Year over year expense growth
160.9% -1.6%
P10P90
Surplus margin
Surplus as a share of revenue
12.7% 11.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $31K $27K $13K 12.9% —
2023 $15K $10K $9K 100.1% —
2022 $19K $12K $5K 100.0% —
2021 $1 $1 $0 — —
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Organization Details
EIN
87-3985130
State
CA
City
MONTEREY
ZIP
93940-4203
Classification
S30
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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