PeerBasis.org
Employment · MD

Innovative Concepts Inc

Innovative Concepts Inc's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $118,553 for Michael Slaughter, President (FY 2024). Column F can include amounts from the filing and related organizations.

After indexing supported filing years to 2025 comparison dollars, the subject figure is $121,672. It is higher than the D + F figure for 68 of 120 peer organizations selected under the disclosed tier Same NTEE sector (J22), nationwide + size band 0.67–1.5× revenue (approximately 57%; median $110,341). This is descriptive, not a reasonableness conclusion.

$883,953Total revenue (FY 2024)
$118,553Reported Part VII D + F figure
68 / 120Selected peers with a strictly lower 2025-dollar figure (approximately 57%)

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Review the selected comparables for Innovative Concepts Inc, then prepare a source-linked report and bracketed documentation worksheet for the board to verify and complete.

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Selected peer organizations

Actual selection tier: Same NTEE sector (J22), nationwide + size band 0.67–1.5× revenue. Displayed D + F figures from supported filing years are indexed to 2025 comparison dollars with BLS CPI-U; a nationwide tier also uses 2024 BEA RPP as a consumer price-level proxy when both the subject and peer have supported state codes. Unsupported state codes receive no interstate adjustment. Comparison values can differ from the raw filing. Column F may include related-organization amounts.

OrganizationStateRevenueD + F (2025 dollars)
Csra Electrical Joint GA$884,069 $128,093
Corey's Closet Inc NH$882,510 $67,222
Portland Electrical Joint Apprenticeship ME$885,869 $48,471
Los Angeles Habilitation House Inc CA$895,109 $83,195
Kids Making It Inc NC$896,458 $85,097
1951 Coffee Company CA$870,770 $74,204
Apprentice-journeyworker Educational NY$865,041 $262,598
Good Works Collective TX$862,682 $105,215

View the organization record and available filings on ProPublica