Overview
What is American Academy Of Innovation?
The American Academy of Innovation is a nonprofit organization situated in South Jordan, Utah. With a vision to empower individual minds to better the world, this institution combines fundamental academic learning with career, technology, and 21st-century skills. To foster an innovative mindset, they engage in international and community partnerships through project-based learning. Their activities aim to ignite creativity and problem-solving within individuals and society at large, while also employing 68 dedicated staff members.
Official website here: www.aaiutah.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The American Academy Of Innovation has received an overall score of 81%, indicating a solid level of accountability and finance management. The rating reflects the organization’s strong commitment to maintaining a majority-independent board and effective oversight practices, which are crucial for transparency in nonprofit operations.
The organization excels in areas such as program expense ratio, achieving a remarkable 99.11%. This suggests that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, it has established comprehensive policies on conflict of interest, whistleblower protections, and document retention, further reinforcing its accountability.
However, the nonprofit does face a notable limitation with a liabilities to assets ratio of 114.13%, which may raise concerns regarding its financial stability. While it demonstrates strong governance practices, this aspect may warrant attention to ensure long-term sustainability and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is American Academy Of Innovation legitimate?
American Academy Of Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Academy Of Innovation 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: $140,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,368,907
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Official website here: www.aaiutah.org/
What is the mission statement of American Academy Of Innovation?
The American Academy of Innovation's mission is to foster an innovative mindset within individuals and society by integrating academic fundamentals, career development, technology, and 21st-century skills. This is accomplished through project-based learning and international and community partnerships. The goal is to empower the individual mind to contribute positively to the world.
Official website here: www.aaiutah.org/
Who is the CEO of American Academy Of Innovation?
Mark Dabell is the Board Chair of American Academy Of Innovation.
Official website here: www.aaiutah.org/
What is the revenue of American Academy Of Innovation?
American Academy Of Innovation's revenue in 2022 was $5,086,641.
Official website here: www.aaiutah.org/
Who are the executives of American Academy Of Innovation and what are their salaries?
The average compensation at American Academy Of Innovation during 2022 was $36,899. There are 68 employees and 62 volunteers at American Academy Of Innovation.
Here are 8 key members and their salaries:
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- Compensation: $138,144
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Official website here: www.aaiutah.org/
Where can I find the form 990 for American Academy Of Innovation?
American Academy Of Innovation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aaiutah.org/
Learn more at the official website: www.aaiutah.org/
Mission Statement of American Academy Of Innovation
The American Academy of Innovation is committed to fostering an innovative mindset within individuals and society at large. They achieve this goal by integrating essential academic fundamentals, career development, technology, and 21st-century skills. This integration is facilitated through project-based learning, alongside international and community partnerships. By doing so, the American Academy of Innovation aims to ignite a spark of innovation within each individual, ultimately contributing to societal advancement. Their overarching vision is to empower each individual's mindset with the potential to positively impact the world.
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Impact
July, 2024
American Academy of Innovation's impact is evident in its unique approach to education. By combining academic fundamentals, career training, technology skills, and 21st-century competencies through project-based learning, the academy fosters an innovative mindset in individuals and society. This approach empowers students to think creatively and make a positive impact on the world. Through international and community partnerships, the academy creates a dynamic learning environment that prepares students to excel in a rapidly evolving global society.
This information is meant to be a general summary of American Academy Of Innovation. 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: $4,386
- Program Service Revenue: $173,116
- Gross Receipts: $5,086,641
Assets and Liabilities:
- Total Assets: $10,953,106
- Total Liabilities: $12,824,770
- Net Assets: -$1,871,664
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES
Revenue
$120,254
STUDENT FEES
Revenue
$52,862
Organization Details
Founding Year
2014
Phone
(617) 595-1119Principal Officer
Mark Dabell
Main Address
5410 SOUTH JORDAN PKWY, SOUTH JORDAN, UT, 84009
Website
www.aaiutah.org/NTEE Category
Code: B29 - Education
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