Overview
What is Indiana Math & Science Academy North Indianapolis Inc?
Indiana Math & Science Academy North Indianapolis Inc is a nonprofit organization situated in Indianapolis, Indiana, at 7435 N Keystone Ave. Its primary focus is on offering a comprehensive educational experience to approximately 680 students from kindergarten to grade 12, with a special emphasis on science, mathematics, and technology. The organization is committed to fostering an academically rigorous learning environment that encourages higher standards and expectations. To support this mission, they offer 40 diverse club activities, with 80% of the students actively participating. Additionally, the academy helps nurture social skills and broaden knowledge through various field trip activities. The organization is staffed by 154 dedicated employees.
Official website here: www.imsaindy.org
What are the reviews and ratings of this charity?
**Charity : Charity Navigator Rating 73% (Two-Star out of Four Stars )**ar Rating)**
The Indiana Math & Science Academy North Indianapolis Inc has received a Two-Star rating from Charity Navigator, which reflects its overall financial health and accountability. The score is solely based on the accountability and finance beacon, highlighting the organization's strengths in governance practices, including a fully independent board and solid financial oversight. However, the lack of a whistleblower policy and document retention guidelines has been noted as a limitation.
The organization excels in its program expenditure, utilizing over 79% of its resources towards its educational mission, showcasing a commitment to impactful programming. Nevertheless, there are concerning financial metrics, particularly a high ratio of liabilities to assets, which suggests potential vulnerabilities in financial sustainability.
User reviews from GreatNonprofits could not be retrieved; hence, more subjective insights and personal experiences regarding the organization's impact were not available for this summary. Overall, while the Indiana Math & Science Academy North has a strong governance structure, potential areas of improvement exist in financial management and policy implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana Math & Science Academy North Indianapolis Inc legitimate?
Indiana Math & Science Academy North Indianapolis Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Math & Science Academy North Indianapolis 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,414,545
For more financial information, click here
Official website here: www.imsaindy.org
What is the mission statement of Indiana Math & Science Academy North Indianapolis Inc?
Indiana Math & Science Academy North Inc's mission is centered around preparing students for higher education. They aim to foster an environment of high standards and expectations, delivering a rigorous curriculum primarily focusing on science, mathematics, and technology. The organization strives to create an effective learning community that encourages student participation in extra-curricular activities, such as the 40 clubs they offer, with 80% of students participating. Additionally, the academy supports the social development of its students and broadens their knowledge through various field trip activities.
Official website here: www.imsaindy.org
Who is the CEO of Indiana Math & Science Academy North Indianapolis Inc?
Jim Sparks is the Board Chair of Indiana Math & Science Academy North Indianapolis Inc.
Official website here: www.imsaindy.org
What is the revenue of Indiana Math & Science Academy North Indianapolis Inc?
Indiana Math & Science Academy North Indianapolis Inc's revenue in 2022 was $9,488,343.
Official website here: www.imsaindy.org
Who are the executives of Indiana Math & Science Academy North Indianapolis Inc and what are their salaries?
The average compensation at Indiana Math & Science Academy North Indianapolis Inc during 2022 was $28,666. There are 154 employees and 43 volunteers at Indiana Math & Science Academy North Indianapolis Inc.
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Official website here: www.imsaindy.org
Where can I find the form 990 for Indiana Math & Science Academy North Indianapolis Inc?
Indiana Math & Science Academy North Indianapolis Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.imsaindy.org
Learn more at the official website: www.imsaindy.org
Mission Statement of Indiana Math & Science Academy North Indianapolis Inc
Indiana Math & Science Academy North Indianapolis Inc is committed to preparing students for higher education by establishing a robust learning environment that encourages higher standards and expectations. This is achieved through a rigorous curriculum with a focus on science, mathematics, and technology. The organization's mission is to foster an engaging learning community where students can excel, ultimately preparing them for college.
To achieve this objective, Indiana Math & Science Academy North Indianapolis Inc provides a comprehensive educational program spanning 185 days, catering to approximately 680 students from kindergarten to twelfth grade. The curriculum is meticulously designed to emphasize science, mathematics, and technology, ensuring a well-rounded educational experience.
In addition to the academic program, the organization offers a variety of extracurricular activities, with 40 different clubs available for student participation. An impressive 80% of the student body actively participates in these clubs, providing ample opportunities for social skill development and the expansion of knowledge. Furthermore, the school organizes field trip activities, contributing to the holistic growth and learning experience of its students.
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Impact
October, 2024
Indiana Math & Science Academy North Indianapolis Inc significantly impacts the educational landscape by emphasizing a rigorous curriculum that prioritizes science, math, and technology. Serving approximately 680 students in grades K-12, the academy creates an effective learning community characterized by high standards and expectations, indispensable qualities for college preparedness.
Over the course of 185 days of instruction, the school not only focuses on academics but also enriches student life through a variety of extracurricular activities. With 40 different club options available, participation rates soar to 80%, reflecting the engagement and commitment of the students. This involvement fosters teamwork, leadership skills, and personal development, essential for success both in and out of the classroom.
Additionally, the academy recognizes the importance of social skills and experiential learning. Field trips and other activities expand students' knowledge and practical understanding of various subjects, enhancing their educational experience. By cultivating a holistic approach to education, Indiana Math & Science Academy North plays a pivotal role in shaping the future of its students and preparing them for the challenges of college and beyond.
This information is meant to be a general summary of Indiana Math & Science Academy North Indianapolis 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: $648
- Program Service Revenue: $13,176
- Gross Receipts: $9,488,343
Assets and Liabilities:
- Total Assets: $15,463,931
- Total Liabilities: $13,674,722
- Net Assets: $1,789,209
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$13,176
Organization Details
Founding Year
2010
Phone
(317) 259-7300Principal Officer
Jim Sparks
Main Address
7435 N KEYSTONE AVE, INDIANAPOLIS, IN, 46240
Website
www.imsaindy.orgNTEE Category
Code: B29 - Education
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