Overview
What is Innovative Arts Academy Charter School?
Innovative Arts Academy Charter School is an independent educational institution situated in Catasauqua, Pennsylvania, specifically at 330 Howertown Road. Established with the primary goal of educating students in grades 6 through 12, this charter school offers unique support services to facilitate its mission. The school's philosophy is rooted in the belief that the arts foster creative and critical thinking, essential skills for academic success. With a vision centered around the arts, Innovative Arts Academy Charter School aims to nurture the intellectual growth of its students, boasting a dedicated workforce of 84 individuals.
Official website here: www.iaacslv.net
What are the reviews and ratings of this charity?
**Innovative Arts Academy Charter School - Rating Summary**
Charity Navigator rates Innovative Arts Academy Charter School with a Two-Star out of Four Star rating, indicating that the organization "Needs Improvement" based on its 60% score. This score derives solely from its Accountability & Finance assessment, which reflects certain strengths in governance but reveals notable areas for concern, particularly in financial efficiency and program expenditure. While the organization has achieved perfect scores in areas such as board independence and audit oversight, it has shortcomings in other key metrics, like the Liabilities to Assets ratio and program expense efficiency.
The school's independent board is composed entirely of independent members, demonstrating strong governance protocols. However, the lack of critical policies such as a whistleblower policy and document retention measures raises questions about its overall accountability and transparency. Additionally, the financial data reflects a significant portion of resources allocated towards administrative costs rather than direct program expenses, which can negatively impact the organization's efficacy in fulfilling its mission.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, preventing a comprehensive overview of public sentiment regarding the school. Overall, Innovative Arts Academy Charter School exhibits a solid governance framework but faces considerable challenges in financial management and transparency that may affect its overall performance and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Innovative Arts Academy Charter School legitimate?
Innovative Arts Academy Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovative Arts Academy Charter School 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: $116,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,515,536
For more financial information, click here
Official website here: www.iaacslv.net
What is the mission statement of Innovative Arts Academy Charter School?
Innovative Arts Academy Charter School's mission is centered around the belief that arts stimulate creative and analytical thinking, thereby enhancing children's academic success. The school's vision is to focus on this aspect, aiming to provide comprehensive education to students in grades 6 through 12. To support this goal, the charter school offers unique resources and services.
Official website here: www.iaacslv.net
Who is the CEO of Innovative Arts Academy Charter School?
David Rank is the President of Innovative Arts Academy Charter School. The CEO's salary of Innovative Arts Academy Charter School is $116,024 and their total compensation is $116,024.
Official website here: www.iaacslv.net
What is the revenue of Innovative Arts Academy Charter School?
Innovative Arts Academy Charter School's revenue in 2022 was $9,401,988.
Official website here: www.iaacslv.net
Who are the executives of Innovative Arts Academy Charter School and what are their salaries?
The average compensation at Innovative Arts Academy Charter School during 2022 was $43,233. There are 84 employees and 5 volunteers at Innovative Arts Academy Charter School.
Here are 8 key members and their salaries (Innovative Arts Academy Charter School's CEO's salary is $116,024 and their total compensation is $116,024):
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- Compensation: $116,024
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- Compensation: $112,159
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- Compensation: $110,085
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Official website here: www.iaacslv.net
Where can I find the form 990 for Innovative Arts Academy Charter School?
Innovative Arts Academy Charter School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iaacslv.net
Learn more at the official website: www.iaacslv.net
Mission Statement of Innovative Arts Academy Charter School
Innovative Arts Academy Charter School is committed to fostering an environment that encourages creative and critical thinking in its students, believing that these skills are instrumental in academic success. The school's mission is centered around this belief, with a focus on providing education to students in grades 6 through 12. To facilitate this goal, the charter school offers unique support services. By incorporating the arts into its curriculum, Innovative Arts Academy Charter School aims to nurture well-rounded individuals who are not only academically proficient but also possess the ability to think critically and creatively.
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Impact
July, 2024
The impact of Innovative Arts Academy Charter School is reflected in its dedication to fostering creative and critical thinking through the arts, ultimately empowering students to succeed in their academic pursuits. By providing a unique educational experience to grades 6 through 12 in Catasauqua, PA, the school equips students with the tools and support services necessary to excel and thrive. Through its focus on arts education, Innovative Arts Academy Charter School is shaping future generations of innovative thinkers and leaders.
This information is meant to be a general summary of Innovative Arts Academy Charter School. 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.
- Program Service Revenue: $9,401,988
- Gross Receipts: $9,401,988
Assets and Liabilities:
- Total Assets: $19,753,415
- Total Liabilities: $17,198,198
- Net Assets: $2,555,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Local Revenue
Revenue
$7,623,374
State Revenue
Revenue
$60,689
Federal Revenue
Revenue
$1,716,004
Other Revenue
Revenue
$1,921
Organization Details
Founding Year
2016
Phone
(610) 403-2787Principal Officer
David Rank
Main Address
330 Howertown Road, Catasauqua, PA, 18032
Website
www.iaacslv.netNTEE Category
Code: B29 - Education
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