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Idaho Stem Academy Inc Bingham Academy

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

EIN: 274587929 ✦ Blackfoot, ID ✦ Designated as a 501(c)(3)

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Overview

What is Idaho Stem Academy Inc Bingham Academy?

Idaho Stem Academy Inc Bingham Academy is a publicly funded charter school based in Idaho, operating under Title 33, Chapter 52 of the state code. This innovative educational institution provides learning experiences that deviate from the conventional structure, aiming to foster growth through unique curricula. As a state-funded entity, the school has access to a majority of its resources within the public education system, ensuring a comprehensive learning environment. Idaho Stem Academy Inc Bingham Academy's primary mission is to deliver quality public education, utilizing its independent status to introduce progressive teaching methods.


Official website here: www.binghamacademy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85%, Three-Star out of Four Star rating.

Idaho Stem Academy Inc Bingham Academy has received a solid Three-Star rating, reflecting its strong performance in accountability and finance. The overall score is entirely derived from its accountability metrics, which highlights a commitment to transparency and ethical management. The organization has demonstrated a high level of compliance with financial transparency standards, achieving an impressive 91.45% program expense ratio, indicating that most of its expenditures are directed toward its programs rather than administrative costs.

The organization benefits from a fully independent board, scoring 8 out of 8 for having no conflicting interests, which enhances its governance credibility. Additionally, all required policies, including conflict of interest and whistleblower protections, are in place and listed on their website, further showcasing a responsible and well-structured operational framework. The financial statements are annually audited, which adds an additional layer of trustworthiness to their financial practices.

While the score is commendable, it is essential to note that the organization’s rating is based solely on the accountability and finance beacon, which may not provide a complete picture of its overall effectiveness or programmatic success. Stakeholders may wish to consider this when evaluating the nonprofit alongside other factors, such as community impact and program outcomes.


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

Is Idaho Stem Academy Inc Bingham Academy legitimate?

Idaho Stem Academy Inc Bingham Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Stem Academy Inc Bingham 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $886,021

For more financial information, click here


Official website here: www.binghamacademy.com

What is the mission statement of Idaho Stem Academy Inc Bingham Academy?

Idaho Stem Academy Inc Bingham Academy, as a public educational institution, operates independently from traditional structures while leveraging resources within the public school system. Its mission, as outlined, is to provide public education through innovative curricula under Title 33, Chapter 52 of Idaho Code. The school is governed as an independent state-funded public charter school, ensuring it operates within the public school system's framework.


Official website here: www.binghamacademy.com

Who is the CEO of Idaho Stem Academy Inc Bingham Academy?

Dan Cravens is the Chair of Idaho Stem Academy Inc Bingham Academy.


Official website here: www.binghamacademy.com

What is the revenue of Idaho Stem Academy Inc Bingham Academy?

Idaho Stem Academy Inc Bingham Academy's revenue in 2023 was $1,654,401.


Official website here: www.binghamacademy.com

Who are the executives of Idaho Stem Academy Inc Bingham Academy and what are their salaries?

The average compensation at Idaho Stem Academy Inc Bingham Academy during 2023 was $23,951. There are 40 employees and 19 volunteers at Idaho Stem Academy Inc Bingham Academy.


Here are 5 key members and their salaries:


Chad Harris (Administrator)
  • Compensation: $79,323
  • Related: $0
  • Other: $9,471
David Beard (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Cravens (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Grenfell (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Frederick (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.binghamacademy.com

Where can I find the form 990 for Idaho Stem Academy Inc Bingham Academy?

Idaho Stem Academy Inc Bingham Academy's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.binghamacademy.com

Learn more at the official website: www.binghamacademy.com

Mission Statement of Idaho Stem Academy Inc Bingham Academy

Idaho Stem Academy Inc Bingham Academy, as a public education institution, stands out by offering innovative curricula that depart from the conventional structure. This independent state-funded charter school, governed under Title 33, Chapter 52 of Idaho Code, operates within the public school system, utilizing virtually all of its resources. The mission of Idaho Stem Academy Inc Bingham Academy is to provide a unique learning environment that fosters creativity and critical thinking, enabling students to excel beyond traditional educational boundaries.

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Impact




October, 2024

Idaho STEM Academy Inc Bingham Academy significantly impacts the educational landscape in Blackfoot, Idaho, by providing innovative curricula that challenge traditional teaching methods. As an independent state-funded public charter school, it operates with flexibility, allowing for a tailored educational experience that focuses on science, technology, engineering, and mathematics (STEM). This approach not only promotes critical thinking and problem-solving skills among students but also engages them in hands-on learning experiences that prepare them for future academic and professional endeavors.

The academy plays a crucial role in enhancing educational opportunities within the public school system, ensuring that resources are effectively utilized to benefit students. Its emphasis on independent operation fosters an environment of creativity and exploration, allowing educators to implement cutting-edge teaching strategies that meet the diverse needs of students. Overall, Idaho STEM Academy Inc Bingham Academy stands as a vital institution for advancing public education and inspiring the next generation of innovators and leaders in Idaho.




This information is meant to be a general summary of Idaho Stem Academy Inc Bingham 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
$1,654,401 (2023)
Expenses
$1,673,485 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $676
  • Gross Receipts: $1,654,401

Assets and Liabilities:

  • Total Assets: $1,209,488
  • Total Liabilities: $965,161
  • Net Assets: $244,327

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Organization Details

Founding Year

2012

Principal Officer

Dan Cravens

Main Address

1350 Parkway Drive 18, Blackfoot, ID, 83221

NTEE Category

Code: B29 - Education

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