Innovation Treehouse Inc
Nonprofit profile at a glance
- EIN
- 830742996
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Dripping Springs, TX, USA
- Phone
- 5125689338
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $102,553
- Expenses
- $64,913
- Assets
- $39,221
- Liabilities
- $844
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jeffrey Erickson (President, Board Member)
- Danae Kay (Vice President, Secretary, Board Member)
People named in this filing
- Jeffrey Erickson (President, Board Member)
- Danae Kay (Vice President, Secretary, Board Member)
- Thomas Parker (Treasurer, Board Member)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Educating and inspiring individuals, especially young people, to achieve through involvement in science, technology, engineering, and mathematics (STEM) programs and STEM-focused competition. This includes the support of robotics programs and their related activities, which the Corporation believes provide an ideal nexus for learning and inspiration in both STEM disciplines and essential, adjunct skills including, but not limited to, written and verbal communication and collaborative skills.
What it reported doing in 2024
Community STEM Engagement: Outreach and activities in our community to promote STEM, both focused (e.g. providing a Halloween costume for a disabled youth) and widespread (interaction with hundreds of community members at community forums, e.g. Dripping Springs Founders Day)
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 66
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.7%; rating input score 61
- Program expense ratio: 95.9%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 36.7%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 60.7% of revenue deployed · 95.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.