Innovation Network for Communities FY2022 filing

Tax-deductible

Tamworth, NH501(c)(3)Community DevelopmentEIN 20-5097409

Develop and spread social innovations that transform the perfomance of community systems

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$597K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $16K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$597K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $1.4M
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$236K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
-13% vs prior year
Spent
$3.8M
To programs
98%
Net assets
$2.3M
By yearFY2020–FY2024
Revenue
$3.7M
FY2022▼ -13%
Revenue by fiscal year
FY2020$2.1M
FY2021$4.3M
FY2022$3.7M
FY2023$3.2M
FY2024$4.0M
Expenses
$3.8M
FY2022▲ +41%
Expenses by fiscal year
FY2020$2.9M
FY2021$2.7M
FY2022$3.8M
FY2023$3.4M
FY2024$4.4M
Net assets
$2.3M
FY2022▼ -3%
Net assets by fiscal year
FY2020$772K
FY2021$2.4M
FY2022$2.3M
FY2023$2.1M
FY2024$1.7M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $3.7M Management & general 2% · $86K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

10 people listed on the 990; $597K paid to officers and key staff.

Part VII, Section A · reportable compensation
$299,225Pt VII · Sec A
$162,000Pt VII · Sec A
Employee
$135,414Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

John Cleveland’s $315K as Chairman is at the 87th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Cleveland$314,775$315,200$299,225$347,625$376,425
Peter Plastrik$93,200$91,000$162,000$189,000$187,940
Rebecca Herst$183,333————
Jenna Tatum$176,974$150,083$135,414$122,740—
Matthew Vasilakis$161,768$142,083———
Sophie Wolfram$159,841————
Catherine Campbell-Orrock$144,865$119,106———
Adam Chapdelaine—$116,875———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Innovation Network for Communities executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and spreads social innovations to transform community systems.

Provided by the organization

This section is blank until Innovation Network for Communities claims this page.

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3 program services account for $3.3M of program spending, described in the organization's own filed words · FY2022.
01

Inc staffs the boston green ribbon commission. The mission of the green ribbon commission (GRC) is to convene leaders from boston's key sectors * business, education, health care, civic society, finance, real estate, professional services, tourism and others to support the outcomes of the city's climate action plan.

$1.5Mprogram expense
02

Inc serves as the project incubator for the building electrification institute (bei). Through this initiative, bei equips cities across north america with the knowledge, tools, and resources they need to implement strategies to accelerate the transition of building heating, cooling, and hot water systems away from fossil fuels and toward…

$1.5Mprogram expense
03

The apolitical initiative provides an education and networking platform for civil servants and policymakers. Consistent with inc's mission, the purpose of apolitical's "government climate action accelerator" initiative is to upskill 50,000 public servants in the highest impact topics, roles, and countries for cutting emissions by 50%…

$352Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 15 funders →
Grants paid · 4 grants · $10K · 2020–2020

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Fees for servicesLn 2g$85K
Investment incomeLn 3$7K
Money outPt IX
$3.8M
Ln 25
Programscol B$3.7M
Managementcol C$86K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$2.5M
LiabilitiesLn 26$236K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Government grantsLn 1e$50K
Fees for servicesLn 2g$85K
Investment incomeLn 3$7K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$300K
SavingsLn 2$2.2M
Cash and savings togetherLn 1–2$2.5M
Total assetsLn 16$2.5M
LiabilitiesLn 26$236K
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.6M$2.5M
Total assetsLn 16$2.6M$2.5M
LiabilitiesLn 26$262K$236K
Net assetsLn 32$2.4M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K$1K
Pay of current officers, directors and key staffLn 5$461K$416K$45K
Other salaries and wagesLn 7$205K$205K
Payroll taxesLn 10$42K$39K$2K
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$6K$6K
Office expensesLn 13$128$128
TravelLn 17$63K$63K
Other expenses (24a–d)Ln 24$3.0M$3.0M$24K
Total functional expensesLn 25$3.8M$3.7M$86K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.0M$4.4M−$397K$1.7M 990 PDF
FY2023 $3.2M$3.4M−$216K$2.1M 990 PDF
FY2022 Viewing $3.7M$3.8M−$64K$2.3M 990 PDF
FY2021 $4.3M$2.7M$1.6M$2.4M 990 PDF
FY2020 $2.1M$2.9M−$845K$772K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $3,719,004 across 6 lines filed
VIII-1e Government grants$50,000
VIII-1f All other contributions, gifts and grants$3,577,526
VIII-1h Total contributions, gifts and grants$3,627,526
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $84,865$84,865
VIII-3 Investment incomeExcluded from tax $6,613$6,613
VIII-12 Total revenueRelated to mission $84,865 · Unrelated business $0 · Excluded from tax $6,613$3,719,004
Part IX · Statement of functional expenses $3,783,194 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $1,000$1,000
IX-5 Pay of current officers, directors and key staffPrograms $416,125 · Management $45,100$461,225
IX-7 Other salaries and wagesPrograms $205,136$205,136
IX-10 Payroll taxesPrograms $39,466 · Management $2,402$41,868
IX-11c Accounting feesManagement $8,981$8,981
IX-11g Other fees for servicesManagement $5,904$5,904
IX-13 Office expensesManagement $128$128
IX-17 TravelPrograms $62,621$62,621
IX-24 Other expenses (24a–d)Programs $2,972,812 · Management $23,519$2,996,331
IX-25 Total functional expensesPrograms $3,697,160 · Management $86,034 · Fundraising $0$3,783,194
Part X · Balance sheet $2,546,289 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $610,589$299,565
X-2 Savings and temporary cash investmentsStart of year $2,012,761$2,169,224
X-3 Pledges and grants receivableStart of year $13,625$77,500
X-16 Total assetsStart of year $2,636,975$2,546,289
X-17 Accounts payable and accrued expensesStart of year $189,069$159,603
X-25 Other liabilitiesStart of year $73,326$76,296
X-26 Total liabilitiesStart of year $262,395$235,899
X-27 Net assets without donor restrictionsStart of year $186,111$130,901
X-28 Net assets with donor restrictionsStart of year $2,188,469$2,179,489
X-32 Total net assets or fund balancesStart of year $2,374,580$2,310,390
X-33 Total liabilities and net assetsStart of year $2,636,975$2,546,289
Part XI · Reconciliation of net assets $2,310,390 net assets at year end
XI-1 Total revenue$3,719,004
XI-2 Total expenses$3,783,194
XI-3 Revenue less expenses−$64,190
XI-4 Net assets at start of year$2,374,580
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,310,390

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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