P โ€” Human ServicesEIN: 480875993ยท Ruling Year: 1979

Independence Inc

Lawrence, Kansas

A-Health Score
83A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$5.6M
Total Revenue
๐Ÿ“Š
$5.3M
Total Expenses
๐Ÿฆ
$3.5M
Net Assets
๐Ÿ“‹
$487K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.66
Net assets divided by total expenses
Liabilities-to-Assets
12.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,620,106โ†‘11%$5,288,749โ†‘8%$3,995,975โ†‘3%
2022$5,065,041โ†‘4%$4,903,928โ†‘14%$3,891,853โ†‘11%
2021$4,854,736โ†‘20%$4,286,610โ†‘15%$3,519,159โ†‘15%
2020$4,032,337โ†‘43%$3,736,112โ†‘31%$3,050,193โ†‘20%
2019$2,813,545โ†‘11%$2,856,942โ†‘5%$2,551,913โ†“1%
2018$2,525,696โ†“1%$2,710,347โ†‘4%$2,565,300โ†“4%
2017$2,556,215โ†“4%$2,602,456โ†“2%$2,680,330โ†“1%
2016$2,670,727โ†‘4%$2,650,555โ†“2%$2,717,460โ†‘1%
2015$2,561,371โ†“23%$2,700,016โ†“1%$2,697,589โ†“6%
2014$3,318,439โ†‘20%$2,723,442โ†‘1%$2,879,698โ†‘26%
2013$2,764,337โ†“1%$2,689,338โ†“6%$2,291,076
2012$2,797,921โ†“12%$2,857,115โ†“2%$2,284,777โ†‘1%
2011$3,167,918$2,912,282$2,266,795

Frequently Asked Questions

What does Independence Inc do?โ–ผ

Independence Inc is a human services nonprofit organization based in Kansas. It is classified under NTEE code P80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Independence Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Independence Inc has a score of 83/100 (Grade: A-). 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 Independence Inc generate?โ–ผ

Independence Inc reports $7.1M in annual revenue and holds $4.9M in total assets, based on IRS filings.

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Independence Inc โ€” Lawrence, KS | GiveScope