Overview
What is Independent Academy Charter School?
Independent Academy Charter School (IACS) is a nonprofit institution situated in Grand Junction, Colorado. Its primary objective is to establish, equip, and maintain a charter school catering to elementary and secondary students. The school's mission is to educate students from diverse backgrounds, fostering their understanding and ability to thrive in their community, environment, and world. IACS emphasizes learning as a continuous process, aiming to equip students with the skills for a productive life, self-fulfillment, and readiness for the future. The school encourages critical thinking, ethical behavior, and sensitivity towards the human community. Its philosophy revolves around experiential learning and application within an interdisciplinary curriculum. IACS currently employs 56 individuals.
Official website here: www.independenceacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Independent Academy Charter School has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is derived solely from the Accountability & Finance category, which reflects a lack of financial health as evidenced by a low program expense ratio and a high liabilities-to-assets ratio.
On a positive note, the organization demonstrates strong governance practices, with a fully independent board and comprehensive policies on conflict of interest and whistleblower protections. Other strengths include transparency in its financial statements and the documentation of board meeting minutes. These factors contribute positively to its governance score.
However, the low financial ratios raise red flags about the school’s operational efficiency and program funding. With only 40.10% of expenses directed towards programs, there may be concerns about the impact of its services relative to the resources utilized. Overall, while Independent Academy Charter School maintains solid governance structures, its financial performance indicates potential challenges that could affect its mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Academy Charter School legitimate?
Independent Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Academy Charter School 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: $2,021,166
For more financial information, click here
Official website here: www.independenceacademy.org
What is the mission statement of Independent Academy Charter School?
The Independent Academy Charter School's mission is centered around educating students of various ages and backgrounds, fostering their ability to thrive in and contribute to their community, environment, and world. Learning is viewed as an ongoing process at IACS, with the goal of preparing students for productive lives while promoting self-fulfillment and readiness for the future. The school encourages critical thinking and ethical behavior, instilling in students a sense of responsibility towards the human community. IACS's educational philosophy emphasizes experiential learning and application within an interdisciplinary curriculum.
Official website here: www.independenceacademy.org
Who is the CEO of Independent Academy Charter School?
Sherry Price is the President of Independent Academy Charter School.
Official website here: www.independenceacademy.org
What is the revenue of Independent Academy Charter School?
Independent Academy Charter School's revenue in 2022 was $4,625,399.
Official website here: www.independenceacademy.org
Who are the executives of Independent Academy Charter School and what are their salaries?
The average compensation at Independent Academy Charter School during 2022 was $36,092. There are 56 employees and 4 volunteers at Independent Academy Charter School.
Here are 5 key members and their salaries:
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Official website here: www.independenceacademy.org
Where can I find the form 990 for Independent Academy Charter School?
Independent Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.independenceacademy.org
Learn more at the official website: www.independenceacademy.org
Mission Statement of Independent Academy Charter School
Independent Academy Charter School (IACS) is dedicated to educating students of various ages and backgrounds. Its mission is to foster an environment that encourages students to thrive in and contribute to their community, environment, and world. IACS believes in learning as a lifelong process and aims to provide an education that equips students with the skills needed to live productive lives, achieve self-fulfillment, and prepare for their future. The school encourages critical thinking and ethical behavior, instilling in students a sensitivity towards the human community. IACS's educational philosophy emphasizes experiential learning and application within an interdisciplinary curriculum, promoting a holistic and comprehensive approach to education.
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Impact
July, 2024
Independent Academy Charter School in Grand Junction, CO, has a significant impact on its students and the community. With a mission to educate students from diverse backgrounds and instill in them the values of critical thinking, ethical behavior, and sensitivity to the human community, the school is dedicated to preparing students for the future. The emphasis on experiential learning and interdisciplinary curriculum equips students with the skills and knowledge needed to thrive in today's world and contribute positively to society. Through its commitment to providing a quality education and fostering personal growth, Independent Academy Charter School plays a vital role in shaping the lives of its students and enhancing the broader community.
This information is meant to be a general summary of Independent Academy Charter School. 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: $544
- Program Service Revenue: $4,208,832
- Gross Receipts: $4,625,399
Assets and Liabilities:
- Total Assets: $18,394,384
- Total Liabilities: $17,205,490
- Net Assets: $1,188,894
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Per Pupil Revenue
Revenue
$3,752,140
Mill Levy
Revenue
$304,248
Tuition and Fees
Revenue
$152,444
Organization Details
Founding Year
2002
Phone
(970) 255-8565Principal Officer
Sherry Price
Main Address
675 29 RD, GRAND JCT, CO, 815044663
Website
www.independenceacademy.orgNTEE Category
Code: B29 - Education
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