Overview

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Est.

1989

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Innovative Alternatives Inc is a nonprofit organization focused on providing prison alternatives and operates under a charitable and educational mission as defined by its 501(c)(3) status. With an operating budget of $1.6 million and total revenue of $1.7 million for the 2024 filing year, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website, innovativealternatives.org.

Mission Statement

CHARITABLE AND EDUCATIONAL PURPOSES UNDER 501(C)(3).
Revenues
$1.7M
Expenses
$1.6M
Net Income:
+$110.4K
Assets
$665K
Liabilities
$547.5K
Net Assets:
+$117.6K
Operating Budget
$1.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$170K
Largest grant received
$170K
S
Sharon Bayus
Board Member
D
Dennis Stetzel
Board Member
S
Stacy Dickson
Board Member

Frequently Asked Questions

What is INNOVATIVE ALTERNATIVES INC’s budget?
In 2024, INNOVATIVE ALTERNATIVES INC reported an annual operating budget of around $1.6 million. More detailed financial information is available to registered users.
What causes does INNOVATIVE ALTERNATIVES INC support?
INNOVATIVE ALTERNATIVES INC supports work in Prison alternatives.
Where does INNOVATIVE ALTERNATIVES INC operate?
INNOVATIVE ALTERNATIVES INC is headquartered in Houston, TX.
Who funded INNOVATIVE ALTERNATIVES INC recently?
In 2024, INNOVATIVE ALTERNATIVES INC received grants from THRIVENT CHARITABLE IMPACT & INVESTING, THRIVENT CHARITABLE IMPACT & INVESTING, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant INNOVATIVE ALTERNATIVES INC received in 2024?
The largest grant to INNOVATIVE ALTERNATIVES INC in 2024 exceeds $170 thousand.
What is INNOVATIVE ALTERNATIVES INC’s reliance on government grants?
INNOVATIVE ALTERNATIVES INC relied on government grants for more than 30% of their total revenue in 2024.