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.
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.
INNOVATIVE CONCEPTS, INC. PROVIDES RESIDENTIAL SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISSABILITIES. ITS SERVICES CONSIST OF BASIC HOUSING FACILITIES, VOCATIONAL AND MENTORSHIP PROGRAMS.
Officer compensation and complete director data available with membership.
| 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.