philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Invictus Development Group INC FY2022 filing

Tax-deductible

Dayton, OH501(c)(3)Since 2017HousingEIN 81-5075704

To provide decent, safe and sanitary housing that is affordable to persons of low to moderate income, including individuals, families and elderly, handicapped or disabled persons, in the state of ohio and to promote and advance decent, safe and sanitary housing for said persons.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $363K a year · 63% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
53 mo
of spending, in cash
Looks good: 52.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $400K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$751K
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$360K
-56% vs prior year
Spent
$226K
To programs
100%
Net assets
$251K
By yearFY2020–FY2025
Revenue
$360K
FY2022▼ -56%
Revenue by fiscal year
FY2020$29K
FY2021$822K
FY2022$360K
FY2023$172K
FY2024$601K
FY2025$927K
Expenses
$226K
FY2022▼ -72%
Expenses by fiscal year
FY2020Not on file
FY2021$794K
FY2022$226K
FY2023$40K
FY2024$2K
FY2025$2K
Net assets
$251K
FY2022▲ +114%
Net assets by fiscal year
FY2020$39K
FY2021$117K
FY2022$251K
FY2023$383K
FY2024$981K
FY2025$1.9M

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CInvictus Development Group INC
EINHdr · item D81-5075704
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2017
Year of formationHdr · item L2017
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CDayton, OH
NTEE classificationIRS BMFHousing (L20)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$226K
Total functional expensesLn 25$226K

Finances

Money in and out, what it owns and owes

Spent on programs
100%
of spending reaches programs
Months of spending covered by cash
52.7mo
months of spending covered by cash and easy-to-sell investments
Surplus or deficit
+37%
as % of revenue, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$1.0M
FY2022▲ +30%
Total assets by fiscal year
FY2020Not on file
FY2021$769K
FY2022$1.0M
FY2023$1.0M
FY2024$2.2M
FY2025$1.9M
Total liabilities
$751K
FY2022▲ +15%
Total liabilities by fiscal year
FY2020Not on file
FY2021$652K
FY2022$751K
FY2023$624K
FY2024$1.2M
FY2025$0
Revenue less expensesPt I · Ln 19$134K
Total assetsPt X · Ln 16$1.0M
Spent on programsPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$993K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$751K
Total net assetsLn 32$251K
Months of cash on handcomputed52.7

Statement of Revenue

Part VIII
Program service revenue100%$360K
Total revenueLn 12$360K

Money in detail

Form 990 · FY2022 · each figure shown with the dollars behind it
Cash and giving out
Months of spending covered by cash
Cash and easy-to-sell investments $993K · Operating expenses/yr $226K
52.7 months
Where the money goes
Program services
Program services $226K · Total expenses $226K
100%
Management & General
Management & general $0 · Total expenses $226K
0%
Fundraising
Fundraising $0 · Total expenses $226K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $200K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $360K
0%
Government reliance
Government grants — · Total revenue $360K
—
Earned-income share
Program service revenue $360K · Total revenue $360K
100%
Investment reliance
Investment income $0 · Total revenue $360K
0%
Program self-sufficiency
Program service revenue $360K · Total expenses $226K
159%
Growth & trend
Revenue change from last year
This year $360K · Prior year $822K
-56%
Net assets change over the year
End of year $251K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus or deficit, as % of revenue
Revenue $360K · Expenses $226K
+37%
Debts compared to what it owns
Total liabilities — · Total assets $1.0M
—
Net assets compared to what it owns
Net assets $251K · Total assets $1.0M
25%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sherry Gale · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $226K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $226K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Spent on programs 100%——
Spent on management, % of spending 0%——
Revenue growth -56%——
Accounting fees, % of spending 0.7%——

Straight from the Form 990 — descriptive, not an evaluation. A share is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Sherry Gale
President
$0Pt VII · Sec A
Dawn Wojcik
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Lisa McCarty
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Invictus Development Group INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Builds and promotes affordable, safe housing for low-to-moderate income individuals and families in Ohio.

Provided by the organization

This section is blank until Invictus Development Group INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $226K of program spending, described in the organization's own filed words · FY2022.
01

To provide decent, safe and sanitary housing that is affordable to persons of low to moderate income, including individuals, families and elderly, handicapped or disabled persons, in the state of ohio and to promote and advance decent, safe and sanitary housing for said persons.

$226Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2020
Caresource Ohio INCFY2020$400K
Total grants receivedfrom 1 funder$400K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $927K$2K+54% 990 PDF
FY2024 $601K$2K+249% 990 PDF
FY2023 $172K$40K-52% 990 PDF
FY2022 Viewing $360K$226K-56% 990 PDF
FY2021 $822K$794K×29 990 PDF
FY2020 $29K— 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2022

Every line we hold from the return, cited to its Part and line.
Part VIII · Statement of revenue $360,069 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $360,069$360,069
VIII-12 Total revenueRelated to mission $360,069 · Unrelated business $0 · Excluded from tax $0$360,069
Part IX · Statement of functional expenses $226,157 across 4 lines filed
IX-11c Accounting feesPrograms $1,650$1,650
IX-11g Other fees for servicesPrograms $222,872$222,872
IX-13 Office expensesPrograms $200$200
IX-24 Other expenses (24a–d)Programs $1,435$1,435
IX-25 Total functional expensesPrograms $226,157 · Management $0 · Fundraising $0$226,157
Part X · Balance sheet $1,001,735 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $769,137$992,787
X-10c Land, buildings and equipment, netStart of year $0$8,948
X-16 Total assetsStart of year $769,137$1,001,735
X-17 Accounts payable and accrued expensesStart of year $600,000$600,000
X-25 Other liabilitiesStart of year $52,139$150,825
X-26 Total liabilitiesStart of year $652,139$750,825
X-32 Total net assets or fund balancesStart of year $116,998$250,910
X-33 Total liabilities and net assetsStart of year $769,137$1,001,735
Part XI · Reconciliation of net assets $250,910 net assets at year end
XI-1 Total revenue$360,069
XI-2 Total expenses$226,157
XI-3 Revenue less expenses$133,912
XI-4 Net assets at start of year$116,998
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$250,910

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
Southeastern Ohio H E A R T INCOH
Ohio Valley Residential Srvcs INC C/O James SteeleOH
Kentucky Communities Housing CorporationKY
Eastern Ohio Housing Development CorporationOH
Inwood House Development CorporationMD
New Housing Ohio INCOH
See all organizations like Invictus Development Group INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.