Public Charity

INNOVATIVE CONCEPTS INC

Based in SILVER SPRING, MD, INNOVATIVE CONCEPTS INC operates as a Public Charity. The organization reported $884K in revenue, $801K in expenses, $128K in total assets for fiscal year 2024.

EIN: 061816677 SILVER SPRING, MD Latest filing: 2024
Total Revenue$884K
Total Expenses$801K
Total Assets$128K
Grant Records0
Filing Years2019–2024

Mission

INNOVATIVE CONCEPTS, INC. PROVIDES RESIDENTIAL SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISSABILITIES. ITS SERVICES CONSIST OF BASIC HOUSING FACILITIES, VOCATIONAL AND MENTORSHIP PROGRAMS.

Officers & Directors

SECRETARY Anthony Gilmer
VICE PRESIDE Kevin Moates
PRESIDENT Michael Slaughter

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $884K $801K $128K
2023 $654K $659K $45K
2022 $754K $655K $52K
2020 $724K $748K $134K
2019 $679K $691K $2K

Between 2019 and 2024, reported annual revenue grew from $679K to $884K (+30%), with total assets most recently reported at $128K.

Interactive year-over-year charts and full filing details available with membership.

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