Foundation For Innovation And Life Inc
Brookline, Massachusetts
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$25.2M
Total Revenue
📊
$22.6M
Total Expenses
🏦
$11.6M
Net Assets
📋
$12.1M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+3.8%
Year-over-year change (2021 → 2022)
Net Margin
+10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.51
Net assets divided by total expenses
Liabilities-to-Assets
51.0%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $25,153,452↑4% | $22,615,547↑25% | $23,766,998↑59% | |
| 2021 | $24,232,593↑79% | $18,036,827↑34% | $14,994,473↑87% | — |
| 2020 | $13,549,249↓12% | $13,474,259↓11% | $7,998,012↑63% | — |
| 2019 | $15,372,636↑10% | $15,133,334↑11% | $4,898,945↓14% | — |
| 2018 | $13,929,750↑17% | $13,623,319↑9% | $5,679,988↑31% | — |
| 2017 | $11,865,908↓8% | $12,475,629↓3% | $4,333,390↑4% | — |
| 2016 | $12,896,526↓8% | $12,817,546↓8% | $4,180,582↓15% | — |
| 2015 | $14,045,003↑24% | $13,876,001↑15% | $4,895,878↑8% | — |
| 2014 | $11,285,873↓13% | $12,042,498↓4% | $4,546,071↓1% | — |
| 2013 | $12,937,938↑8% | $12,594,468↑5% | $4,595,355↓7% | — |
| 2012 | $12,007,031↓11% | $11,968,980↑1% | $4,932,496↓22% | — |
| 2011 | $13,431,985 | $11,838,797 | $6,312,764 | — |
Frequently Asked Questions
What does Foundation For Innovation And Life Inc do?▼
Foundation For Innovation And Life Inc is a health care nonprofit organization based in Massachusetts. It is classified under NTEE code E05 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Foundation For Innovation And Life Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Foundation For Innovation And Life Inc.
How much revenue does Foundation For Innovation And Life Inc generate?▼
Foundation For Innovation And Life Inc reports $524K in annual revenue and holds $11.1M in total assets, based on IRS filings.
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