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Spokane International Academy

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

EIN: 471091821 ✦ Spokane, WA ✦ Designated as a 501(c)(3)

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Overview

What is Spokane International Academy?

Spokane International Academy is a nonprofit educational institution based in Spokane, Washington. For the 2021-2022 academic year, they served 674 students in kindergarten through 9th grade, with no tuition fees or other costs. Their mission aligns with high academic standards, character development, and a global perspective. Empowering students, they equip them with the necessary skills and mindset to excel in advanced high school courses and pursue a college degree. With a total workforce of 138 employees, they provide a nurturing environment for students to grow into future community leaders.


Official website here: www.spokaneintlacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 78% - Three-Star out of Four Star Rating

Spokane International Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance with a score of 78%. This rating is based solely on their Accountability & Finance metrics, which are essential indicators of a nonprofit's financial health and governance practices. The organization demonstrates strong accountability, with 100% of its board members being independent, ensuring unbiased oversight.

The organization excels in various areas, such as having a well-structured audit and oversight committee and a comprehensive conflict of interest policy. Their financial management appears to be generally sound, with no material diversion of assets reported, and they provide accessible information through their tax filings. These strengths contribute to a trustworthy image for potential donors and stakeholders.

However, the rating highlights some areas of concern, particularly regarding the liabilities to assets ratio, which received no points. Additionally, while their program expense ratio is commendable, the organization may need to focus on improving its overall financial balance. Addressing these limitations could enhance their ratings and further improve their sustainability.


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

What do the Facebook reviews say about Spokane International Academy?

90% of the 30 reviewers on Facebook recommend Spokane International Academy. Here is a summary of their reviews:

Many parents appreciate the educational environment and the commitment to improving student outcomes. However, some voices express concerns, mentioning that there are areas in need of refinement, particularly regarding certain school policies. A few parents indicated they might seek alternative options for their children due to these apprehensions.

Overall, while the majority see potential in the academy and support its mission, there is a noticeable call for enhancements to better meet the needs of families. Parents value the efforts made but hope for continued progress and clearer policies moving forward.


This AI summary has been generated from reviews found on Facebook.

Is Spokane International Academy legitimate?

Spokane International Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spokane International 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: $336,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,269,912

For more financial information, click here


Official website here: www.spokaneintlacademy.org

What is the mission statement of Spokane International Academy?

Spokane International Academy is dedicated to providing an education that not only focuses on high academic standards but also helps students develop strong character and a global perspective. The academy's mission is to empower its students with the necessary skills and mindset to excel in advanced high school courses and complete a college degree. By doing so, these students will become future community leaders, capable of making a significant impact. In the 2021-2022 academic year, the academy served 674 students from kindergarten through 9th grade, with no tuition or additional costs for them or their families. Fundraising and in-kind donations were successfully raised throughout the year to support the academy's education efforts.


Official website here: www.spokaneintlacademy.org

Who is the CEO of Spokane International Academy?

Travis Franklin is the Chief Executive Officer of Spokane International Academy. The CEO's salary of Spokane International Academy is $150,051 and their total compensation is $185,105.


Official website here: www.spokaneintlacademy.org

What is the revenue of Spokane International Academy?

Spokane International Academy's revenue in 2022 was $12,799,058.


Official website here: www.spokaneintlacademy.org

Who are the executives of Spokane International Academy and what are their salaries?

The average compensation at Spokane International Academy during 2022 was $33,380. There are 138 employees and 106 volunteers at Spokane International Academy.


Here are 10 key members and their salaries (Spokane International Academy's CEO's salary is $150,051 and their total compensation is $185,105):


Ken Vorhees (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Velazquez (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hyslop (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Matt Hoag (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Stacy Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wilburn Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Franklin (Chief Executive Officer)
  • Compensation: $150,051
  • Related: $0
  • Other: $35,054
Heather Dauphin (Chief Financial Officer)
  • Compensation: $95,229
  • Related: $0
  • Other: $24,403
Morgen Flowers Washington (Head Of School)
  • Compensation: $128,495
  • Related: $0
  • Other: $31,681
Brook Wilkerson (Chief Operations Officer)
  • Compensation: $117,523
  • Related: $0
  • Other: $27,119


Official website here: www.spokaneintlacademy.org

Where can I find the form 990 for Spokane International Academy?

Spokane International Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.spokaneintlacademy.org

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

Mission Statement of Spokane International Academy

Spokane International Academy, a renowned educational institution, is dedicated to providing high academic standards, fostering strong character, and cultivating a global perspective in its students. Its mission extends beyond mere academic achievement, empowering students with the necessary skills, habits of mind, and global competence to excel in advanced high school courses and pursue a four-year college degree. The ultimate goal is to develop future leaders who can make a profound impact on their communities.

During the 2021-2022 academic year, Spokane International Academy welcomed and served 674 students from kindergarten to 9th grade, free of charge. The institution relied on fundraising and in-kind donations to support its education efforts. This supportive environment enabled students to flourish and focus on their learning journey, free from financial burdens.

At Spokane International Academy, students are encouraged to develop a strong sense of character and a global perspective. They are instilled with the academic skills essential for success in advanced courses and a college education. This comprehensive approach ensures their readiness to become influential leaders in their communities, contributing to a positive and transformative impact.

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Impact




October, 2024

Spokane International Academy fosters a transformative educational environment that emphasizes high academic standards, character development, and a global perspective. Serving 674 students in grades K-9 during the 2021-2022 school year, the academy provides a tuition-free education, ensuring accessibility for all families regardless of their financial situation.

The academy's mission is to equip students with essential academic skills and global competence, preparing them for advanced high school courses and successful college experiences. This focus cultivates leadership qualities in students, empowering them to make meaningful contributions to their communities. Through ample fundraising efforts and in-kind donations, Spokane International Academy sustains its commitment to education, creating a lasting impact on both its students and the broader Spokane community.




This information is meant to be a general summary of Spokane International 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
$12,799,058 (2022)
Expenses
$10,878,095 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114
  • Program Service Revenue: $30,346
  • Gross Receipts: $12,799,058

Assets and Liabilities:

  • Total Assets: $28,031,716
  • Total Liabilities: $22,237,604
  • Net Assets: $5,794,112

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Programs

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

Magnesium LLC Income

Revenue

$1,100

Organization Details

Founding Year

2014

Principal Officer

Travis Franklin

Main Address

777 E Magnesium Rd, Spokane, WA, 99208

NTEE Category

Code: B99 - Education

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