Innovative Change Makers
Nonprofit profile at a glance
- EIN
- 882734736
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Tacoma, WA, USA
- Phone
- 2068325578
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $181,091
- Expenses
- $133,665
- Assets
- $66,182
- Liabilities
- $1,229
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Brian Gatewood (CEO)
People named in this filing
- Plamena Tsanev (COO)
- Reco Bembry (Board Chair)
- Seyi Olajoyegbi (Board Treasurer)
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
See schedule o
Operating model
- Revenue model
- Donor-supported. 100% 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: 75
- Transparency & Controls: 100
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.4%; rating input score 66
- Program expense ratio: 90%; rating input score 90
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: 26.2%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 95.9% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 45.8% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 183% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 66.4% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $120K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- 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 37/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.