Innovative Solutions Consortium Inc
Nonprofit profile at a glance
- EIN
- 454237884
- IRS 990-EZ coverage
- 2015–2015
- Forms available
- Form 990-EZ 2015, Form 990-N 2013
- Location
- Leesburg, VA, USA
- Phone
- 7039281466
- Rating confidence
- Limited
- Sector
- Business and Industry
Reported finances
- Revenue
- $14,685
- Expenses
- $19,958
- Assets
- $3,384
- Liabilities
- $43,606
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- KENNETH SPEDDEN (FOUNDER, DIRECTOR, CEO)
- STEPHEN HUNT (EXECUTIVE DIRECTOR)
- BRIAN GIBLIN (PRESIDENT)
People named in this filing
- KENNETH SPEDDEN (FOUNDER, DIRECTOR, CEO)
- STEPHEN HUNT (EXECUTIVE DIRECTOR)
- BRIAN GIBLIN (PRESIDENT)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Developing innovative solutions to hard problems
What it reported doing in 2015
Hosted and conducted the first public outsourcing intiative for loudoun county public schools in the commonwealth of Virginia. This was conducted for free for the county with professional services donated in the amount of $350,000 from isc, inc.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 18
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -35.9%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 12.89; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.