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Innovations Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260418421 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Innovations Academy?

Innovations Academy is a public charter school located at 5454 Ruffin Road, San Diego, California 92123. This nonprofit institution serves students from kindergarten to eighth grade and is committed to empowering its students to shape their lives effectively. This is achieved through self-expression, fostering compassionate connections, and encouraging purposeful learning. With a team of 79 dedicated individuals, Innovations Academy is dedicated to providing a conducive learning environment that equips students with the necessary tools for personal growth and development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

Innovations Academy has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health with a score of 94%. This rating highlights the organization's commitment to transparency and effective financial practices, which are essential for maintaining donor trust and ensuring resources are utilized for their intended purposes.

The organization demonstrates impressive governance with 80% of its board members being independent, contributing to its robust oversight. Additionally, it has received full marks in several critical areas, including its conflict of interest policy and financial audits, signaling a high level of integrity in its operations. The program expense ratio of 80.78% indicates that a significant portion of its budget is directed towards its programs, reinforcing its mission-focused approach.

While the data presents a very positive picture, it's essential for potential donors and stakeholders to continue monitoring the nonprofit's performance and impact over time. Overall, Innovations Academy appears to be a well-managed organization that prioritizes accountability and effective use of funds.


This AI summary has been generated from information found on Charity Navigator.

Is Innovations Academy legitimate?

Innovations Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovations Academy 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: $270,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,500,521

For more financial information, click here

What is the mission statement of Innovations Academy?

The mission of Innovations Academy is centered around educating its students, focusing on empowering them to shape their lives effectively. This is achieved through fostering self-expression, cultivating compassionate connections, and encouraging purposeful learning. The organization operates as a public charter school, catering to students from kindergarten to eighth grade.

Who is the CEO of Innovations Academy?

Christine Kuglen is the Director of Innovations Academy.

What is the revenue of Innovations Academy?

Innovations Academy's revenue in 2022 was $5,352,076.

Who are the executives of Innovations Academy and what are their salaries?

The average compensation at Innovations Academy during 2022 was $35,078. There are 79 employees at Innovations Academy.


Here are 7 key members and their salaries:


Christine Kuglen (Director)
  • Compensation: $118,902
  • Related: $0
  • Other: $22,187
Tony Spitzberg (Director)
  • Compensation: $81,000
  • Related: $0
  • Other: $22,775
Cassidy Platt (Secretary)
  • Compensation: $70,773
  • Related: $0
  • Other: $11,737
Nathan Cooper (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Rosen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Strachman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faraz Sharafi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Innovations Academy?

Innovations Academy's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Innovations Academy

Innovations Academy, a public charter school, is committed to empowering its students in a unique way. The organization's mission is to instruct pupils in grades K-8 on how to shape their lives effectively through self-expression, compassionate connections, and purposeful learning. This mission aims to equip students with the skills and mindset needed to create meaningful lives for themselves. By fostering self-expression, Innovations Academy encourages students to articulate their thoughts and feelings, fostering personal growth and confidence. The emphasis on compassionate connections teaches students the importance of empathy and understanding, preparing them for positive interactions in various social settings. Lastly, the focus on purposeful learning equips students with the academic skills needed to achieve their goals and pursue their passions.

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Impact




October, 2024

Innovations Academy significantly impacts the educational landscape for K-8 students in San Diego by prioritizing self-expression, compassionate connection, and purposeful learning. By empowering students to take control of their lives through creative expression, the school fosters an environment where individuality and collaboration thrive. This approach not only enhances students' academic performance but also equips them with essential life skills. As a result, students emerge with a strong sense of identity, enhanced emotional intelligence, and the confidence needed to navigate their futures. The academy's commitment to nurturing these qualities not only benefits the students but also contributes to a more connected and compassionate community.




This information is meant to be a general summary of Innovations Academy. 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.

Revenue
$5,352,076 (2022)
Expenses
$4,884,705 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,914
  • Gross Receipts: $5,352,076

Assets and Liabilities:

  • Total Assets: $3,952,635
  • Total Liabilities: $604,314
  • Net Assets: $3,348,321

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Organization Details

Founding Year

2007

Principal Officer

Christine Kuglen

Main Address

5454 RUFFIN RD, SAN DIEGO, CA, 92123

NTEE Category

Code: B29 - Education

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