BEducationEIN: 460682365· Ruling Year: 2015

Innovative Education Services Inc

Zeeland, Michigan

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.09×
Peer Median20.77×
💰
$7.0M
Total Revenue
📊
$6.9M
Total Expenses
🏦
$637K
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.9%
Year-over-year change (2022 → 2023)
Net Margin
+1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.09
Net assets divided by total expenses
Liabilities-to-Assets
64.4%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$7,015,09310%$6,938,3179%$1,787,774161%
2022$6,380,6061%$6,339,651$685,80012%
2021$6,444,62716%$6,364,81017%$613,63133%
2020$5,565,3144%$5,460,5505%$462,33016%
2019$5,360,74213%$5,190,08511%$397,29683%
2018$4,742,48920%$4,685,55121%$216,91330%
2017$3,961,27928%$3,869,15726%$310,481630%
2016$3,092,57520%$3,080,05920%$42,53142%
2015$2,580,562$2,571,470$73,499

Frequently Asked Questions

What does Innovative Education Services Inc do?

Innovative Education Services Inc is a education nonprofit organization based in Michigan. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Innovative Education Services Inc financially healthy?

Based on our 9-metric Financial Health Score model, Innovative Education Services Inc has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Innovative Education Services Inc generate?

Innovative Education Services Inc reports $7.3M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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