INNOVATIONS IN HEALTHCARE INC Charity Report

Public IRS 990 nonprofit record

INNOVATIONS IN HEALTHCARE INC

EIN 32-0358709 · Education (B014)

What they do

SEE SCHEDULE O for ORGANIZATIONS MISSION STATEMENT.PROMOTE GLOBAL ACCESS to COST-EFFECTIVE and HIGH-QUALITY HEALTHCARE. FACILITATE and ENCOURAGE THE BROAD and PROMPT DISSEMINATION of DATA and INFORMATION RELATING to INNOVATIVE HEALTHCARE SOLUTIONS AROUND THE WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.01%of revenue went to mission work71.9% of expenses · Program services

2.97%of revenue went to fundraising3.1% of expenses

$95.99spent for every $100 of revenueRevenue covered expenses this year.

24.01%of revenue went to management and office costs25.0% of expenses

$0.80in assets for every $1 spent this yearSome assets cannot be spent right away.

29.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $78,713 for CHRIS BEYRER (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$884,855

Mission workProgram services$610,63469.01% of revenue71.9% of expenses

ManagementOffice and general costs$212,45224.01% of revenue25.0% of expenses

FundraisingAsking for donations$26,2582.97% of revenue3.1% of expenses

Revenue left after expensesReported annual surplus$35,5114.01% of revenueShown in gray on the chart

Total expenses$849,34495.99% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.9% mission · 25.0% management · 3.1% fundraisingTotal expenses: 95.99% of revenue

2023Expense mix: 64.1% mission · 33.7% management · 2.3% fundraisingTotal expenses: 126.88% of revenue

2022Expense mix: 67.4% mission · 28.5% management · 4.0% fundraisingTotal expenses: 87.27% of revenue

2021Expense mix: 64.1% mission · 29.9% management · 6.0% fundraisingTotal expenses: 86.86% of revenue

2020Expense mix: 65.4% mission · 31.0% management · 3.6% fundraisingTotal expenses: 108.91% of revenue

2019Expense mix: 62.8% mission · 33.2% management · 4.0% fundraisingTotal expenses: 99.91% of revenue

2018Expense mix: 71.3% mission · 26.4% management · 2.3% fundraisingTotal expenses: 101.73% of revenue

2017Expense mix: 82.1% mission · 16.6% management · 1.2% fundraisingTotal expenses: 84.84% of revenue

Money in and money out

Revenue$884,855

Expenses$849,344

Annual surplus $35,511 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$610,634 · 71.9% of expenses

Management and office costs$212,452 · 25.0% of expenses

Fundraising$26,258 · 3.1% of expenses

See all reported dollar amounts

Revenue$884,855

Expenses$849,344

Assets$679,607

Income$884,855

Contributions$260,713

Mission work (program services)$610,634

Fundraising$26,258

Management and general$212,452

Executive compensation (total)$39,342

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRIS BEYRERDIRECTOR $78,713Base · Other $78,713

SUSANNA NAGGIEDIRECTOR $66,467Base · Other $66,467

MARK MCCLELLANDIRECTOR $66,041Base · Other $66,041

LISA VARANIFORMER OFFICER $57,664Base · Other $57,664

LISA BOURGETVICE PRESIDENT/SECRETARY $42,485Base · Other $42,485

KRISHNAKUMAR UDAYAKUMARDIRECTOR/PRESIDENT $42,072Base · Other $42,072

KATHRYN THORNSVARDTREASURER $37,270Base · Other $37,270

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

CHRIS BEYRERDIRECTOR

SUSANNA NAGGIEDIRECTOR

MARK MCCLELLANDIRECTOR

LISA VARANIFORMER OFFICER

LISA BOURGETVICE PRESIDENT/SECRETARY

KRISHNAKUMAR UDAYAKUMARDIRECTOR/PRESIDENT

KATHRYN THORNSVARDTREASURER

NICOLAUS HENKEDIRECTOR

SHYAM BISHENDIRECTOR

VICTOR J DZAUDIRECTOR

About this charity

Recognized since: January 2013
Location: 2200 W MAIN ST STE 300, DURHAM, NC 27705-4677
County: Durham
In care of: % DAVID G SINGLETON
Primary officer: KRISHNAKUMAR UDAYAKUMAR, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(919) 684-2006

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Education (B014)
IRS tax category: Administration of Public Health Programs