Overview
What is Institute For Academic Excellence Inc?
Institute for Academic Excellence Inc, located at 1426 Napoleon Ave, New Orleans, LA 70115, is a nonprofit organization dedicated to providing a supportive and nurturing environment for its students. Their primary mission is to create a community where students are challenged academically, socially, and vocationally. Sophie B. Wright Charter School, their operational name, serves around 156 students annually, striving to instill confidence, competence, and independent capacity in them through a rigorous curriculum and research-based instruction. The institute's workforce consists of 86 employees, dedicated to achieving its mission of fostering a community of empowered learners in an atmosphere of mutual respect and trust, inspiring and challenging each student to achieve their academic, social, and vocational goals.
Official website here: www.sophiebwrightschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Institute for Academic Excellence Inc has achieved an impressive 96% rating from Charity Navigator, highlighting its strong commitment to accountability and financial management. This rating is derived solely from its Accountability & Finance score, indicating that the organization adheres to best practices in governance and transparency.
The organization boasts a fully independent board of directors, with all members meeting the criteria for independence. Additionally, it has demonstrated rigorous oversight through comprehensive financial audits and maintains an exemplary record of asset management, having reported no material diversions of assets. The charity's operational efficiency is also commendable, with a program expense ratio of over 80%, indicating that a significant portion of its funds directly supports its mission.
There are no notable limitations or concerns raised in the available data, which reinforces the organization's reputation for fiscal responsibility and ethical practices. Overall, the Institute for Academic Excellence Inc stands out as a well-managed charity, earning the trust of donors and stakeholders alike.
This AI summary has been generated from information found on Charity Navigator.
Is Institute For Academic Excellence Inc legitimate?
Institute For Academic Excellence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Academic Excellence 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: $382,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,640,849
For more financial information, click here
Official website here: www.sophiebwrightschool.com
What is the mission statement of Institute For Academic Excellence Inc?
The Institute for Academic Excellence Inc aims to establish a community that encourages students to excel academically, socially, and vocationally. This mission is reflected in Sophie B. Wright Charter School, an entity affiliated with the Institute, which strives to create an environment that fosters confidence, competence, and independence in its students. This is achieved through the delivery of a rigorous curriculum and research-based instruction. The school serves approximately 156 students annually.
Official website here: www.sophiebwrightschool.com
Who is the CEO of Institute For Academic Excellence Inc?
Sharon Clark is the President of Institute For Academic Excellence Inc.
Official website here: www.sophiebwrightschool.com
What is the revenue of Institute For Academic Excellence Inc?
Institute For Academic Excellence Inc's revenue in 2022 was $7,672,609.
Official website here: www.sophiebwrightschool.com
Who are the executives of Institute For Academic Excellence Inc and what are their salaries?
The average compensation at Institute For Academic Excellence Inc during 2022 was $46,788. There are 86 employees and 10 volunteers at Institute For Academic Excellence Inc.
Here are 9 key members and their salaries:
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- Compensation: $233,576
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- Other: $29,096
- Compensation: $116,687
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- Other: $11,605
Official website here: www.sophiebwrightschool.com
Where can I find the form 990 for Institute For Academic Excellence Inc?
Institute For Academic Excellence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sophiebwrightschool.com
Learn more at the official website: www.sophiebwrightschool.com
Mission Statement of Institute For Academic Excellence Inc
The Institute for Academic Excellence Inc is committed to establishing a community that encourages students to excel academically, socially, and vocationally. In line with this mission, Sophie B. Wright Charter School, affiliated with the Institute, strives to foster a community of empowered learners. The students are encouraged to develop confidence, competence, and independence through a rigorous curriculum and research-based instruction, provided in a safe and nurturing environment. The school served 156 students during the 2021-2022 academic year, reflecting the Institute's dedication to supporting and challenging its students.
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Impact
October, 2024
Institute For Academic Excellence Inc has significantly contributed to fostering a community where students are challenged academically, socially, and vocationally. Through its collaboration with the Sophie B. Wright Charter School, it provides a safe and nurturing environment for students, emphasizing the development of confidence, competence, and independent capabilities.
By delivering a rigorous curriculum and employing appropriate research-based instruction, the initiative has successfully served 156 students during the 2021-2022 academic year. The mission focuses on empowering learners in an atmosphere of mutual respect and trust, inspiring students to reach their academic, social, and vocational goals. This approach not only enhances educational outcomes but also prepares students for future challenges, ensuring they are well-equipped for life beyond the classroom.
This information is meant to be a general summary of Institute For Academic Excellence 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 2022.
- Investment Income: $694
- Gross Receipts: $7,672,609
Assets and Liabilities:
- Total Assets: $6,845,376
- Total Liabilities: $745,930
- Net Assets: $6,099,446
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Organization Details
Founding Year
2005
Phone
(504) 304-3916Principal Officer
Sharon Clark
Main Address
1426 NAPOLEON AVE, NEW ORLEANS, LA, 70115
Website
www.sophiebwrightschool.comNTEE Category
Code: B29 - Education
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