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The Innovation Project

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

EIN: 463120883 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Innovation Project?

The Innovation Project, based in Raleigh, North Carolina, is a nonprofit organization that brings together forward-thinking school district superintendents and their teams. Their mission is to discover and implement innovative and transformative practices in public education, aiming to enhance the well-being of students and their communities. Throughout the year, they focus on supporting member districts in transitioning from the COVID-19 crisis to learning recovery and acceleration. Additionally, they transform district systems and operations to better serve students and families. The Innovation Project accomplishes this through various programs, including professional learning communities for superintendents and leaders of innovation, and an interdistrict network focused on transformation in early learning. With a modest workforce of two individuals, they connect and engage member districts in their transformative endeavors.


Official website here: www.tipnc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Innovation Project has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization's score is derived entirely from their Accountability & Finance beacon, reflecting a commitment to transparency and responsible financial practices. Key strengths include having a fully independent board and a strong financial oversight structure, as evidenced by their high scores in independent board membership and financial statements management.

In terms of financial efficiency, The Innovation Project maintains a program expense ratio of approximately 84%, which suggests that a significant portion of its budget is directed towards its mission-related activities. However, there are areas for improvement, particularly regarding their policies on whistleblower protection and document retention, as these were marked as missing and could potentially impact organizational integrity.

Overall, while The Innovation Project demonstrates a commendable level of accountability and effective financial management, addressing the noted policy gaps could enhance their operational credibility and further bolster their rating in the future.


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

Is The Innovation Project legitimate?

The Innovation Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Innovation Project 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: $227,778
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,909

For more financial information, click here


Official website here: www.tipnc.org

What is the mission statement of The Innovation Project?

The Innovation Project, a collective of forward-thinking education leaders, strives to discover and implement innovative and transformative practices in public education. Its goal is to enhance the learning experiences and communities of students, encouraging their overall growth and development. Throughout the year, The Innovation Project supports its member districts in transitioning from the COVID-19 crisis to learning recovery and acceleration. It also focuses on transforming district systems and operations to better cater to students and their families. The initiative fosters connections between member districts, operates professional learning communities for educators, and leads an interdistrict network focused on transformation in early learning.


Official website here: www.tipnc.org

Who is the CEO of The Innovation Project?

Dr Sharon Contreras is the Board Chair of The Innovation Project. The CEO's salary of The Innovation Project is $143,738 and their total compensation is $189,013.


Official website here: www.tipnc.org

What is the revenue of The Innovation Project?

The Innovation Project's revenue in 2022 was $1,427,147.


Official website here: www.tipnc.org

Who are the executives of The Innovation Project and what are their salaries?

The average compensation at The Innovation Project during 2022 was $132,844. There are 2 employees and 6 volunteers at The Innovation Project.


Here are 8 key members and their salaries (The Innovation Project's CEO's salary is $143,738 and their total compensation is $189,013):


Dr Kim Morrison (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Alisa Mclean (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rodney Shotwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marvin Connelly (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Valerie Bridges (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catty Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Mccoll (President Emeritus)
  • Compensation: $59,640
  • Related: $0
  • Other: $2,288
Joseph Ableidinger (Ceo)
  • Compensation: $143,738
  • Related: $0
  • Other: $45,275


Official website here: www.tipnc.org

Where can I find the form 990 for The Innovation Project?

The Innovation Project's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tipnc.org

Learn more at the official website: www.tipnc.org

Mission Statement of The Innovation Project

The Innovation Project, an organization comprising forward-thinking school district superintendents in North Carolina, is dedicated to finding and implementing innovative and transformative practices in public education. Their mission is to empower students and their communities to thrive by fostering an environment that encourages the adoption of innovative educational strategies. Through collaboration and shared knowledge, The Innovation Project aims to support school districts in their recovery and acceleration following the COVID-19 crisis, and in the transformation of district systems and operations to better serve students and their families. By connecting member districts, operating professional learning communities for superintendents and leaders of innovation, and leading an interdistrict network focused on transformation in early learning, The Innovation Project plays a pivotal role in shaping the future of public education.

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Impact




July, 2024

The Innovation Project's impact is evident in the positive changes it brings to North Carolina's public education system. By bringing together forward-thinking school district superintendents, The Innovation Project aims to implement innovative and transformative practices that benefit students and their communities. Through its programs and initiatives, The Innovation Project supports member districts in navigating challenges such as the COVID-19 crisis and focuses on learning recovery and acceleration. By fostering collaboration among district leaders and driving transformation in early learning, The Innovation Project plays a crucial role in improving the quality of education and services provided to students and families across North Carolina.




This information is meant to be a general summary of The Innovation Project. 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
$1,427,147 (2022)
Expenses
$961,090 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,914
  • Program Service Revenue: $417,621
  • Gross Receipts: $1,427,147

Assets and Liabilities:

  • Total Assets: $1,668,418
  • Total Liabilities: $225,796
  • Net Assets: $1,442,622

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$417,621

Organization Details

Founding Year

2013

Principal Officer

Dr Sharon Contreras

Main Address

PO BOX 99109, RALEIGH, NC, 27624

NTEE Category

Code: B99 - Education

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