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Innovation Education

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

EIN: 473886933 ✦ Quartz hill, CA ✦ Designated as a 501(c)(3)

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Overview

What is Innovation Education?

Innovation Education is a nonprofit organization situated in Quartz Hill, California. With a focus on fostering lifelong learning, they offer affordable and engaging tutoring services. Their mission is to promote positive choices for young adults and provide top-notch educational services to the public. Embracing honesty and integrity, they strive to serve as positive role models, strengthening students' belief in their learning abilities, and making the educational process enjoyable. With a team of 51 dedicated individuals, Innovation Education is committed to supporting the public with high-quality educational services.


Official website here: www.myinnovationeducation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58%, One-Star out of Four Stars

Innovation Education has received a low rating of 58% from Charity Navigator, which signifies significant concerns regarding its accountability and financial practices. The charity has a One-Star rating primarily due to the absence of independent board members and missing key governance policies, such as a conflict of interest policy and a whistleblower policy. Furthermore, the organization has not made its financial statements publicly available, which raises questions about transparency.

Despite these shortcomings, Innovation Education does demonstrate a high program expense ratio of 99.18%, indicating that nearly all of its expenses are directed towards its programs. This suggests a commitment to its mission, even though the governance structure raises potential issues. The organization does have its website listed on the tax form and maintains documentation of board meeting minutes.

In summary, while Innovation Education shows a strong dedication to its programming, the lack of transparency and governance issues highlighted by Charity Navigator warrant caution for potential donors. Prospective supporters may wish to seek more information regarding the charity's operational practices and organizational structure before contributing.


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

Is Innovation Education legitimate?

Innovation Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovation Education 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: $88,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,435

For more financial information, click here


Official website here: www.myinnovationeducation.com

What is the mission statement of Innovation Education?

Innovation Education's mission is centered around promoting positive choices for young adults and providing high-quality educational services and support to the public. This organization strives to offer affordable and effective tutoring services, fostering a love for learning in students. They are committed to upholding honesty and integrity in their operations, acting as positive role models, and instilling in students the belief that they can excel academically. Learning is made enjoyable and engaging through their approach, with the ultimate goal of inspiring lifelong learners.


Official website here: www.myinnovationeducation.com

Who is the CEO of Innovation Education?

Karen Barcus is the President of Innovation Education.


Official website here: www.myinnovationeducation.com

What is the revenue of Innovation Education?

Innovation Education's revenue in 2022 was $872,294.


Official website here: www.myinnovationeducation.com

Who are the executives of Innovation Education and what are their salaries?

The average compensation at Innovation Education during 2022 was $9,812. There are 51 employees and 2 volunteers at Innovation Education.


Here are 4 key members and their salaries:


Karen Barcus (President)
  • Compensation: $31,951
  • Related: $0
  • Other: $0
Rhonda Levine (Director)
  • Compensation: $30,657
  • Related: $0
  • Other: $0
Marvin Barcus (Cfo & Secretary)
  • Compensation: $18,500
  • Related: $0
  • Other: $0
Laura Konisek (Director)
  • Compensation: $7,860
  • Related: $0
  • Other: $0


Official website here: www.myinnovationeducation.com

Where can I find the form 990 for Innovation Education?

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


Official website here: www.myinnovationeducation.com

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

Mission Statement of Innovation Education

Innovation Education, a nonprofit organization, is dedicated to encouraging positive choices among young adults and providing top-notch educational services and support to the public. The mission of this organization is multifaceted. Primarily, it aims to inspire and motivate students, fostering a lifelong love for learning. Secondly, it upholds honesty and integrity in all its endeavors, serving as positive role models for the students it serves. Lastly, Innovation Education strives to empower students by reinforcing their belief in their own learning abilities and making the learning process enjoyable.

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Impact




July, 2024

Innovation Education's impact lies in its ability to promote positive choices for young adults and provide high-quality educational services to the public. By offering affordable and effective tutoring services, Innovation Education inspires and motivates students to become lifelong learners. This organization's commitment to honesty, integrity, and being positive role models helps students believe in their ability to learn and makes the educational experience enjoyable. Through its mission to support young adults and the public in their educational journey, Innovation Education contributes to the overall improvement of the community's educational landscape.




This information is meant to be a general summary of Innovation Education. 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
$872,294 (2022)
Expenses
$757,927 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $766,133
  • Gross Receipts: $872,294

Assets and Liabilities:

  • Total Assets: $161,910
  • Total Liabilities: $0
  • Net Assets: $161,910

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Programs

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

SPRING PROGRAM

Revenue

$11,614

SUMMER PROGRAM

Revenue

$56,194

TUTORING & FEES

Revenue

$691,173

WINTER PROGRAM

Revenue

$7,152

Organization Details

Founding Year

2014

Principal Officer

Karen Barcus

Main Address

42202 50TH STREET WEST SUITE D, QUARTZ HILL, CA, 93536

NTEE Category

Code: B90 - Education

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