Uncategorized
IRS Verified
DX Registered
990 on File
INNOVATIVE ALTERNATIVES INC
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
At Innovative Alternatives, our mission is to support, educate, and provide services that empower families dealing with the challenges of mental and relational health issues. We strive to make mental health wellness accessible to everyone through mediation, counseling, training, and other essential services. We are committed to offering compassionate, culturally relevant, and high-quality mental health services to underserved populations.
Financial Overview — FY 2023
$1.7M
Total Revenue
$1.8M
Total Expenses
$116K
Net Assets
26
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.1%
Fundraising Efficiency
529.8%
Operating Reserve
0.78x
Liability-to-Asset
84.6%
Revenue Diversification
54.5%
Executive Compensation
$188K
Compared with Peers
Peer comparison is not available for this organization.
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| 8 counseling sessions | 3,000 | $138.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.7M | $1.8M | $116K | 82.1% | 26 |
| 2022 | $1.8M | $2.4M | $150K | 88.1% | 29 |
| 2021 | $3.5M | $1.9M | N/A | — | 29 |
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