Overview
What is Academic Development Institute Inc?
Academic Development Institute Inc, situated in Lincoln, Illinois, is a nonprofit organization with a mission to aid families, schools, and communities in fostering the academic and personal development of children. They run two significant programs: the National Comprehensive Center and Regional Comprehensive Centers. Their primary objective is to provide assistance in this area, while also conducting related research. With a team of 22 dedicated individuals, they strive to make a positive impact on children's lives.
Official website here: www.adi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Academic Development Institute Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. This high score indicates effective management and transparency in financial operations, which can foster trust among donors and stakeholders. The organization has maintained a consistent standard of excellence, particularly with a 96% score in accountability and finance.
One of the organization's strengths lies in its governance, with a fully independent board comprising nine members. This structure supports unbiased decision-making and oversight, which is further reinforced by comprehensive policies such as conflict of interest and whistleblower protections. The organization also ensures rigorous financial oversight, as evidenced by its perfect scores in audit and oversight committee evaluations.
Despite its strengths, there are no noted limitations in the data provided. The Academic Development Institute Inc appears to be effectively utilizing its resources, with a program expense ratio of 92.42%, indicating that the majority of its funding is directed towards its programs rather than administrative costs. Overall, the organization demonstrates a strong commitment to accountability and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Academic Development Institute Inc legitimate?
Academic Development Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Development Institute 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: $1,027,386
For more financial information, click here
Official website here: www.adi.org
What is the mission statement of Academic Development Institute Inc?
The Academic Development Institute Inc's mission is centered around assisting families, schools, and communities in fostering the academic and personal development of children. The organization also engages in related research to further enhance its efforts. The Institute operates various programs, including the National Comprehensive Center and Regional Comprehensive Centers, to accomplish its mission. These programs aim to provide comprehensive support and resources to aid in the holistic growth of children.
Official website here: www.adi.org
Who is the CEO of Academic Development Institute Inc?
Pam Sheley is the Executive Di of Academic Development Institute Inc.
Official website here: www.adi.org
What is the revenue of Academic Development Institute Inc?
Academic Development Institute Inc's revenue in 2022 was $3,006,720.
Official website here: www.adi.org
Who are the executives of Academic Development Institute Inc and what are their salaries?
The average compensation at Academic Development Institute Inc during 2022 was $46,699. There are 22 employees at Academic Development Institute Inc.
Here are 7 key members and their salaries:
- Compensation: $94,516
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.adi.org
Where can I find the form 990 for Academic Development Institute Inc?
Academic Development Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adi.org
Learn more at the official website: www.adi.org
Mission Statement of Academic Development Institute Inc
Academic Development Institute Inc, a nonprofit organization, is dedicated to helping families, schools, and communities in their pursuit of enhancing the academic and personal development of children. Its mission is multifaceted, encompassing not just practical assistance but also research in this field. The institute aims to support the growth and well-being of children, recognizing that their success is intertwined with the success of their families, schools, and communities.
By conducting related research, Academic Development Institute Inc seeks to delve deeper into the dynamics of child development and the factors that influence it. This research can inform their practical assistance programs, ensuring they are based on the most current and effective strategies. The institute's mission is to contribute to a future where every child has the opportunity to thrive academically and personally, with the support of their families, schools, and communities.
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Impact
October, 2024
Academic Development Institute Inc significantly enhances the academic and personal development of children by providing essential resources and support to families, schools, and communities. Through its various programs, including the National Comprehensive Center and Regional Comprehensive Centers, the institute focuses on fostering a holistic approach to education.
By assisting families in understanding and navigating educational systems, the institute empowers parents to become effective advocates for their children's learning. The collaboration with schools enables educators to implement best practices and research-informed strategies, ultimately enhancing the learning environment. Additionally, the institute conducts crucial research that informs policy and practice, ensuring that communities are equipped with the knowledge needed to support children's growth.
Overall, the impact of Academic Development Institute Inc is reflected in stronger academic outcomes, improved personal development for children, and the increased capacity of families and communities to contribute positively to the educational landscape.
This information is meant to be a general summary of Academic Development Institute 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: $496
- Program Service Revenue: $1,882,020
- Gross Receipts: $3,006,720
Assets and Liabilities:
- Total Assets: $1,356,042
- Total Liabilities: $172,727
- Net Assets: $1,183,315
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT REVENUE
Revenue
$885,094
CONSULTING
Revenue
$637,214
WEB BASED SERVICES
Revenue
$243,521
INDIRECT REVENUE
Revenue
$116,191
Organization Details
Founding Year
1984
Phone
(217) 732-6468Principal Officer
Pam Sheley
Main Address
121 N KICKAPOO STREET, LINCOLN, IL, 62656
Website
www.adi.orgNTEE Category
Code: P41Z - Human services
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