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Nonprofit · EIN 43-0923010

INNOVATIVE INDUSTRIES

Tax-exempt · CARTHAGE, MO 64836

Financials

$1.5M$1.7M2023$1.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of INNOVATIVE INDUSTRIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,420,578$1,582,860-$162,282$1,812,813$159,688$1,653,125
June 30, 2024990$1,531,840$1,654,795-$122,955$2,004,540$188,173$1,816,367
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$399,297
of which government grants
$399,297
Program service revenue
$1,014,139
Investment income
$5,918
Net gain from sales of assets
$4,647
Other revenue
$1,224

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,000,716
Salaries, compensation and benefits (total)
$1,078,235
Professional fundraising fees
$0
Occupancy
$36,210
Travel
$37,791
Depreciation
$94,214
Program services (functional)
$1,026,685
Management and general (functional)
$556,175

Balance sheet and other

Total assets, start of year
$2,004,540
Total assets, end of year
$1,812,813
Total liabilities, end of year
$159,688
Net assets, end of year
$1,653,125
Land, buildings and equipment
$1,013,853
Net assets without donor restrictions
$1,653,125
Gross receipts
$1,436,218
Employees
67
Year formed
1969
State of legal domicile
MO

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Tom FurrhExecutive Dir.
Trustee or director
40$0
Gage TillerDirector
Trustee or director
2$0
Caleb PowellDirector
Trustee or director
2$0
Jeremy HuletteDirector
Trustee or director
2$0
Elijah VinsonDirector
Trustee or director
2$0
Pamela LanierDirector
Trustee or director
2$0
Charlotte MontagueSecretary
Trustee or director, Officer
5$0
Alice ChorumDirector
Trustee or director
2$0
Maureen OwensDirector
Trustee or director
2$0
Stephanie HowardDirector
Trustee or director
2$0
Kyle KlinginsmithDirector
Trustee or director
2$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
GAGE TILLERBOARD MEMBER
Trustee or director
5$0
JERMEY HULETTEBOARD MEMBER
Trustee or director
5$0
MAUREEN OWENSBOARD MEMBER
Trustee or director
5$0
ALICE CHORUMBOARD MEMBER
Trustee or director
5$0
SUSAN WENDLETONVICE PRESIDENT
Trustee or director, Officer
5$0
AMY COLEPRESIDENT
Trustee or director, Officer
5$0
CHARLOTTE MONTAGUESECRETARY
Trustee or director, Officer
5$0
JEFF JONESEXECUTIVE DIRECTOR
Key employee
40$0

Address and contacts

Address (IRS master file)
421 W CENTENNIAL AVE, CARTHAGE, MO 64836-2732
Signed the 990
Tom Furrh, Executive Director
Return prepared by
Zeiter Tax Services

Mission

Provide employment for developmentally disabled individuals.

990 for the year ended June 30, 2025

Program accomplishments

  • Provide employment for developmentally disabled individuals.
    Expenses $1,026,685 · revenue $1,021,281

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
43-0923010
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J330)
Assets (IRS master file)
$1,812,813
Income (IRS master file)
$1,436,218

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,420,578$1,582,860$1,812,813XML
990June 2024$1,531,840$1,654,795$2,004,540IRS
990June 2023$2,308,806$1,887,432$2,141,828IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-0923010).

Questions about INNOVATIVE INDUSTRIES

What is the EIN of INNOVATIVE INDUSTRIES?
The employer identification number (EIN) of INNOVATIVE INDUSTRIES is 43-0923010.
Is INNOVATIVE INDUSTRIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to INNOVATIVE INDUSTRIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INNOVATIVE INDUSTRIES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INNOVATIVE INDUSTRIES due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INNOVATIVE INDUSTRIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of INNOVATIVE INDUSTRIES?
The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does INNOVATIVE INDUSTRIES have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,420,578, expenses of $1,582,860 and total assets of $1,812,813 at year end.

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