Overview
What is Innervision Inc?
Innervision Inc, located in Charlotte, North Carolina, is a nonprofit organization specializing in psychosocial rehabilitation. They are unique in having professionals trained in psychiatric vocational rehabilitation, helping individuals with low or SSI/SSD income to remain productive members of their community and avoid expensive healthcare facilities. Their therapeutic interventions prove cost-effective, fostering a recovery-driven environment that integrates severely ill adults, some with co-occurring substance abuse or developmental disabilities, into valuable and productive community members. With a staff of 17, Innervision Inc is dedicated to improving the lives of those in need.
Official website here: www.innervisionnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Innervision Inc has received an 81% score on Charity Navigator, reflecting its solid performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting the criteria for independence. Additionally, Innervision's policies regarding conflict of interest and whistleblower protections are well-established, indicating a strong commitment to ethical governance.
The charity demonstrates effective financial management, as evidenced by a program expense ratio of 70.80%, indicating that a significant portion of its budget is directed towards programs rather than administrative costs. The organization also maintains a favorable liabilities to assets ratio of 23.04%, which suggests a healthy financial posture.
However, the salary of key personnel, specifically the CEO and director Dr. Cheryl Nicholas at $246,320, may raise questions about compensation relative to the nonprofit sector. While the financial metrics are strong, potential donors might consider how such salaries impact overall fundraising and program funding.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Innervision Inc?
Currently, Innervision Inc has received a limited number of reviews on Facebook, with only two contributing to its overall rating. One user praised the organization for its impressive facilities and highlighted the meaningful work being done to support individuals in need, specifically giving a nod to Dr. Hicks.
This positive sentiment indicates a strong appreciation for the nonprofit's contributions to the community, showcasing not only the effectiveness of their services but also a personal connection that inspires further support. While the number of reviews is low, the enthusiasm reflected in the feedback suggests that the organization is on the right track in fulfilling its mission.
This AI summary has been generated from reviews found on Facebook.
Is Innervision Inc legitimate?
Innervision Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innervision Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $246,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,142
For more financial information, click here
Official website here: www.innervisionnc.org
What is the mission statement of Innervision Inc?
Innervision Inc's mission is centered around providing psychosocial rehabilitation services to individuals with low income or receiving SSI/SSD benefits. The primary objective is to enable these individuals to maintain their productivity in the community, thereby reducing their reliance on local healthcare facilities. The organization is unique in having clinicians trained in psychiatric vocational rehabilitation, and a significant portion of the individuals served in their psychosocial rehabilitation program have managed without requiring more expensive acute services. The therapeutic interventions employed in this program have been proven to offer a cost-effective, recovery-driven environment, fostering the integration of severely ill adults, some with co-occurring substance abuse or developmental disabilities, into the community as valuable and productive citizens.
Official website here: www.innervisionnc.org
Who is the CEO of Innervision Inc?
Dr Cheryl Nicholas is the CEO of Innervision Inc The CEO's salary of Innervision Inc is $246,320 and their total compensation is $246,320.
Official website here: www.innervisionnc.org
What is the revenue of Innervision Inc?
Innervision Inc's revenue in 2023 was $671,336.
Official website here: www.innervisionnc.org
Who are the executives of Innervision Inc and what are their salaries?
The average compensation at Innervision Inc during 2023 was $58,224. There are 11 employees at Innervision Inc.
Here are 8 key members and their salaries (Innervision Inc's CEO's salary is $246,320 and their total compensation is $246,320):
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- Compensation: $246,320
- Related: $0
- Other: $0
Official website here: www.innervisionnc.org
Where can I find the form 990 for Innervision Inc?
Innervision Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.innervisionnc.org
Learn more at the official website: www.innervisionnc.org
Mission Statement of Innervision Inc
Innervision Inc, a notable organization, is dedicated to providing psychosocial rehabilitation services to individuals with low income or receiving SSI/SSD benefits. Their mission is to help these individuals function productively in their communities, thereby reducing the need for more expensive healthcare facilities. Innervision's unique approach keeps a significant portion of its consumers out of costly acute services, such as inpatient psychiatric hospitalization. The therapeutic interventions employed by Innervision offer a cost-effective recovery-driven environment, fostering the integration of severely ill adults, including those battling substance abuse or developmental disabilities, into valuable and productive roles within their communities. Innervision's mission is pivotal in promoting the transformation of these individuals into valued citizens, contributing positively to their communities.
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Impact
July, 2024
Innervision Inc's impact is significant in providing psychosocial rehabilitation services to low-income or SSI/SDD recipients in Charlotte, NC. Their specialized approach, with the only clinicians trained in psychiatric vocational rehabilitation in North Carolina, has resulted in less than 5% of their consumers needing more costly acute services like inpatient psychiatric hospitalization. By offering cost-effective therapeutic interventions, Innervision promotes the integration of individuals with severe and persistent mental illness into the community as valuable and productive citizens. Their mission to keep these individuals functioning productively and out of local health care facilities reflects their commitment to supporting the well-being and independence of their clients.
This information is meant to be a general summary of Innervision Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $61,468
- Program Service Revenue: $446,370
- Gross Receipts: $671,336
Assets and Liabilities:
- Total Assets: $4,181,170
- Total Liabilities: $931,076
- Net Assets: $3,250,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$446,370
Organization Details
Founding Year
2003
Principal Officer
Dr Cheryl Nicholas
Website
www.innervisionnc.orgNTEE Category
Code: P82 - Human services
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