Overview
What is Institute Of Technology And Academics?
The Institute of Technology and Academics is a distinguished urban school located in Milwaukee, Wisconsin. It comprises two campuses catering to students from kindergarten to eighth grade, with the lower campus serving grades K4-2nd and the upper campus accommodating grades 3rd-8th. The Institute is renowned for its high achievements and performance, aiming to prepare Milwaukee's children for successful careers, lifestyles, and futures. With a dedicated team of 52 employees, this institution is committed to nurturing young minds and equipping them with the necessary skills for a prosperous future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%
The Institute of Technology and Academics received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly in several key areas, including the lack of an independent board and missing essential financial documents. A notably high liabilities to assets ratio of 94.22% further raises red flags about its financial stability.
Despite these weaknesses, the nonprofit demonstrates a commendable program expense ratio of 83.96%, suggesting that a substantial portion of its expenditures is directed towards its programs. However, the absence of independent oversight and financial transparency diminishes confidence in its operational effectiveness and governance.
The organization also lacks critical policies, such as conflict of interest and whistleblower protections, which are essential for maintaining accountability. Overall, while the Institute of Technology and Academics may be performing well in some programmatic aspects, serious deficiencies in governance and financial reporting warrant caution for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Institute Of Technology And Academics legitimate?
Institute Of Technology And Academics is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Technology And Academics 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,036,507
For more financial information, click here
What is the mission statement of Institute Of Technology And Academics?
The Institute of Technology and Academics is a high-achieving and high-performing urban school, dedicated to preparing children for an exceptional career, life, and future. Their mission is to educate and equip Milwaukee's children with the necessary skills and knowledge to succeed in their professional lives. The institution operates on two campuses, catering to students from kindergarten to eighth grade, with the lower campus serving students from K4 to 2nd grade and the upper campus accommodating students from 3rd to 8th grade.
Who is the CEO of Institute Of Technology And Academics?
Kulbir Singh is the Presexec Director of Institute Of Technology And Academics.
What is the revenue of Institute Of Technology And Academics?
Institute Of Technology And Academics's revenue in 2022 was $3,054,131.
Who are the executives of Institute Of Technology And Academics and what are their salaries?
The average compensation at Institute Of Technology And Academics during 2022 was $22,241. There are 52 employees at Institute Of Technology And Academics.
Here are 5 key members and their salaries:
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Institute Of Technology And Academics?
Institute Of Technology And Academics's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Institute Of Technology And Academics
The Institute of Technology and Academics, a distinguished urban school, is committed to preparing the children of Milwaukee for an exceptional career, life, and future. With a focus on high achievement and performance, the institute strives to equip its students with the necessary skills and knowledge to excel in their chosen paths. The Institute of Technology and Academics operates two campuses, accommodating students from kindergarten to 8th grade. The lower campus caters to children in grades K4 to 2nd, while the upper campus serves students in 3rd to 8th grade. The institute's mission is to nurture and inspire its students, providing them with a solid foundation for their future endeavors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Institute of Technology and Academics significantly influences the Milwaukee community by providing a robust educational foundation for children in grades K4 through 8. With two campuses dedicated to different age groups, the institution fosters a high-achieving, high-performing learning environment tailored to urban students.
By focusing on preparing children for successful career paths and life skills, the Institute equips them with essential knowledge and abilities that extend beyond the classroom. This commitment to excellence ensures that students not only excel academically but are also well-prepared to navigate their futures with confidence and capability.
The impact is evident as the Institute plays a crucial role in shaping a generation of learners who are ready to meet the challenges of the modern workforce and contribute positively to society. This emphasis on career readiness and life preparation positions the Institute as a cornerstone in the educational landscape of Milwaukee, paving the way for exceptional futures for its students.
This information is meant to be a general summary of Institute Of Technology And Academics. 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.
- Gross Receipts: $3,054,131
Assets and Liabilities:
- Total Assets: $3,228,829
- Total Liabilities: $2,429,448
- Net Assets: $799,381
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(414) 365-9375Principal Officer
Kulbir Singh
Main Address
8940 N 85TH STREET, Milwaukee, WI, 53224
NTEE Category
Code: B24 - Education
If you are a representative of Institute Of Technology And Academics and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.