Overview
What is Ima Innovations?
Ima Innovations is a charitable organization based in Washington, D.C., specifically at 1730 M St NE Suite 1100. Their primary objective is to develop projects and initiatives that address public health crises on a global scale, particularly in the Democratic Republic of Congo. In the past fiscal year, their initiatives in the DRC focused on combating malaria and HIV infections, as well as promoting the use of clean cookstove technologies. Ima Innovations collaborates closely with its sister organization, Ima World Health, to implement programs that improve health outcomes for people in developing and emergency settings. The organization serves as a hub for innovative public health and related programs, striving to expand and refine Ima World Health's offerings while exploring new areas of work.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Ima Innovations has received a Two-Star rating from Charity Navigator, indicating there are significant areas for improvement, particularly regarding board independence and financial management. While the organization has a solid program expense ratio, demonstrating that the vast majority of its expenses go directly to its programs, it lacks an independent board, which may raise concerns about governance and oversight.
The charity's strengths lie in its financial oversight, as evidenced by a perfect score in areas such as audit and oversight committee effectiveness, conflict of interest and whistleblower policies, and proper documentation practices. However, the absence of independent board members suggests a potential risk in accountability and decision-making processes, which could impact donor trust.
Additionally, the organization struggles with fundraising efficiency, reporting no funds raised in this area, and its working capital ratio indicates potential liquidity issues. These limitations, alongside the missing website on its tax form, highlight the need for Ima Innovations to enhance transparency and governance practices to bolster its overall rating and foster greater donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Ima Innovations legitimate?
Ima Innovations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ima Innovations 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $675,551
For more financial information, click here
What is the mission statement of Ima Innovations?
Ima Innovations serves as a hub for the development and implementation of innovative public health programs on behalf of Ima World Health. The organization focuses on expanding and refining existing public health initiatives while exploring new areas of work. In the Democratic Republic of Congo during FY 21, Ima Innovations collaborated on projects to combat malaria, HIV infection, and promoted the fabrication and utilization of clean cookstove technologies for family safety. Ima Innovations is a charitable organization dedicated to addressing public health crises globally, partnering with Ima World Health to enhance health outcomes for individuals in developing and emergency settings.
Who is the CEO of Ima Innovations?
Joann Theys is the President & Ceo of Ima Innovations. The CEO's salary of Ima Innovations is $0 and their total compensation is $552,423.
What is the revenue of Ima Innovations?
Ima Innovations's revenue in 2022 was $13,127,527.
Who are the executives of Ima Innovations and what are their salaries?
Here are 16 key members and their salaries (Ima Innovations's CEO's salary is $0 and their total compensation is $552,423):
- Compensation: $0
- Related: $521,704
- Other: $30,719
- Compensation: $0
- Related: $266,371
- Other: $29,629
- Compensation: $0
- Related: $247,847
- Other: $45,506
- Compensation: $0
- Related: $226,824
- Other: $55,441
- Compensation: $0
- Related: $232,060
- Other: $32,595
- Compensation: $0
- Related: $221,497
- Other: $32,712
- Compensation: $0
- Related: $218,897
- Other: $20,753
- Compensation: $0
- Related: $194,487
- Other: $42,308
- Compensation: $0
- Related: $181,473
- Other: $48,521
- Compensation: $0
- Related: $199,410
- Other: $17,947
- Compensation: $0
- Related: $176,785
- Other: $27,362
- Compensation: $0
- Related: $176,194
- Other: $16,989
- Compensation: $0
- Related: $176,682
- Other: $16,311
- Compensation: $0
- Related: $176,312
- Other: $15,839
- Compensation: $0
- Related: $164,732
- Other: $15,789
- Compensation: $0
- Related: $60,742
- Other: $5,999
Where can I find the form 990 for Ima Innovations?
Ima Innovations's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ima Innovations
Ima Innovations, a charitable organization, is dedicated to conceiving, testing, and implementing innovative public health and allied programs on behalf of Ima World Health. They strive to expand and refine the agency's public health programming while exploring future areas of work. In the Democratic Republic of Congo, Ima Innovations collaborates with its sister organization Ima World Health to implement projects that improve health outcomes for people in developing and emergency settings. One of their primary focuses in the DRC involves combating malaria and HIV infection and promoting the fabrication and use of clean cookstove technologies to ensure family safety. Ima Innovations is a trailblazer in developing projects and initiatives to tackle public health crises on a global scale.
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Impact
October, 2024
Ima Innovations has made significant strides in addressing critical public health challenges in the Democratic Republic of Congo (DRC). Their initiatives focus on combating malaria and HIV infection, which are prevalent health issues in the region. By implementing innovative solutions and collaborating with local health systems, they aim to improve health outcomes for vulnerable populations.
In addition to tackling infectious diseases, Ima Innovations promotes the use of clean cookstove technologies. This initiative not only helps to protect families from the dangers associated with traditional cooking methods but also addresses environmental concerns by reducing smoke exposure and lowering carbon emissions.
The organization’s work is characterized by its commitment to testing and implementing creative public health strategies. By partnering with IMA World Health, they enhance their capacity to respond effectively to health crises in both developing and emergency settings. Through these targeted efforts, Ima Innovations is helping to create healthier communities and contributing to the ongoing fight against public health crises globally.
This information is meant to be a general summary of Ima Innovations. 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 2022.
- Investment Income: $20,780
- Gross Receipts: $13,127,527
Assets and Liabilities:
- Total Assets: $8,994,368
- Total Liabilities: $6,082,722
- Net Assets: $2,911,646
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Organization Details
Founding Year
2018
Phone
(202) 888-6200Principal Officer
Joann Theys
Main Address
1730 M St NE Suite 1100, WASHINGTON, DC, 20036
NTEE Category
Code: Q33 - International
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