CSCharityScored
79

Innovation Depot Inc

Other · Birmingham, Alabama

1500 1St Ave North, Birmingham, AL 35203-1865

EIN: 630917530· Founded: Aug 1986· 40 years active· Filing Year: 2023

Annual Revenue

$5.7M

Total Expenses

$3.2M

Total Assets

$16.2M

Program Spending

73%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$254K

7.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$449K

Total Payroll

$703K

22% of total expenses

Where the Money Goes

73%
Programs: 73%
Payroll: 22%
Other overhead: 27%
Program Revenue$2.4M (41%)
Total Expenses$3.2M (56%)
Payroll$703K (22%)
Overhead (non-program)27%

Trust Score Breakdown

Program Spending Ratio

73% of expenses go to programs

40%

Revenue & Stability

$5.7M annual revenue

15%

Executive Compensation

$254K total officer comp (7.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$16.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.