Overview
What is Innovation Academy West?
Innovation Academy West is a nonprofit institution situated in Cleveland, Ohio, specifically at 13111 Crossburn Avenue. Their primary objective is to deliver academically rigorous education in a secure, disciplined, and supportive setting. The organization is committed to enriching its students' lives by offering genuine learning experiences in a collaborative and nurturing environment. This educational approach aims to establish a strong foundation for students' success in their academic journey, future careers, and personal lives.
Official website here: www.iawedu.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Innovation Academy West has received a zero-star rating from Charity Navigator, reflecting significant financial management concerns. While the organization boasts strong governance features, such as a fully independent board and comprehensive policies regarding audits and conflicts of interest, it struggles with financial sustainability. Its liabilities exceed assets, which raises red flags about its fiscal health.
The program expense ratio is alarmingly low at 21.03%, indicating that only a small portion of its expenses are directed toward its programs. Additionally, the fundraising efficiency ratio is reported as $0.00, suggesting that the organization may not be successfully raising funds or effectively utilizing resources. These financial issues overshadow the positive aspects of its governance structure.
In summary, while Innovation Academy West demonstrates strong accountability practices, its financial challenges pose a serious risk to its operations and ability to fulfill its mission. Potential donors and stakeholders should be cautious and consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Innovation Academy West?
There are currently two reviews for Innovation Academy West on Facebook, highlighting positive sentiments about the nonprofit's recent changes. One reviewer mentioned that the school year has started off on a great note, praising the staff's friendliness and enthusiasm. The new management appears to have made a significant positive impact, transforming the environment and creating a welcoming atmosphere for both students and parents.
The reviewer expressed satisfaction with the level of care and dedication demonstrated by the teachers, noting that they seem to genuinely enjoy their roles. This enthusiasm is seen as refreshing compared to experiences at other institutions. Overall, the feedback indicates a promising start for Innovation Academy West, with a strong sense of community and support emerging within the school.
This AI summary has been generated from reviews found on Facebook.
Is Innovation Academy West legitimate?
Innovation Academy West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovation Academy West 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: $0
For more financial information, click here
Official website here: www.iawedu.org/
What is the mission statement of Innovation Academy West?
Innovation Academy West's mission is centered around enhancing the lives of its students. By offering authentic learning experiences in a collaborative and supportive environment, the institution aims to establish a solid foundation for students' success in their academic pursuits, future careers, and personal lives. The academy is committed to delivering academically rigorous education in a secure, disciplined, and nurturing atmosphere.
Official website here: www.iawedu.org/
Who is the CEO of Innovation Academy West?
Unavailable
Official website here: www.iawedu.org/
What is the revenue of Innovation Academy West?
Innovation Academy West's revenue in 2022 was $2,051,805.
Official website here: www.iawedu.org/
Who are the executives of Innovation Academy West and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $2,375
- Related: $2,500
- Other: $0
- Compensation: $1,500
- Related: $1,500
- Other: $0
- Compensation: $1,375
- Related: $1,375
- Other: $0
- Compensation: $2,250
- Related: $2,250
- Other: $0
- Compensation: $2,500
- Related: $2,500
- Other: $0
- Compensation: $2,125
- Related: $2,500
- Other: $0
- Compensation: $1,125
- Related: $1,125
- Other: $0
- Compensation: $204,286
- Related: $151,829
- Other: $0
Official website here: www.iawedu.org/
Where can I find the form 990 for Innovation Academy West?
Innovation Academy West's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iawedu.org/
Learn more at the official website: www.iawedu.org/
Mission Statement of Innovation Academy West
Innovation Academy West is committed to enhancing the lives of its students by offering authentic learning experiences in a cooperative and caring environment. This environment is designed to establish a strong foundation for students' success in their academic pursuits, future careers, and personal lives. By providing an effective, consistent, and academically challenging education within a safe and disciplined setting, Innovation Academy West aims to foster growth and development in its students.
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Impact
October, 2024
Innovation Academy West significantly impacts the lives of its students by creating an environment conducive to authentic learning and personal growth. By focusing on collaboration and nurturing support, the academy fosters a sense of community that enhances the educational experience. Students benefit from a rigorous academic curriculum delivered in a safe, disciplined setting, which not only prepares them for success in school but also equips them for future careers and life challenges. The emphasis on real-world learning experiences ensures that students develop essential skills and competencies, positioning them for long-term achievement and fulfillment. Overall, Innovation Academy West stands as a transformative force in the Cleveland community, committed to empowering its students for a successful future.
This information is meant to be a general summary of Innovation Academy West. 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: $527
- Gross Receipts: $2,051,805
Assets and Liabilities:
- Total Assets: $1,483,490
- Total Liabilities: $2,320,333
- Net Assets: -$836,843
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Organization Details
Founding Year
1998
Phone
(216) 772-1340Main Address
13111 Crossburn Avenue, Cleveland, OH, 44135
Website
www.iawedu.org/NTEE Category
Code: B29 - Education
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