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The Independence School Inc

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

EIN: 510225189 ✦ Newark, DE ✦ Designated as a 501(c)(3)

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Overview

What is The Independence School Inc?

The Independence School Inc, located at 1300 Paper Mill Road in Newark, Delaware, is a nonprofit educational institution catering to students from preschool through eighth grade. Approximately 437 students were enrolled during the year. The school's mission is to nurture students into self-reliant, intellectually curious individuals with a strong spirit for learning, leadership, and citizenship. The Independence School employs a team of 117 individuals dedicated to fostering these qualities in their students.


Official website here: www.theindependenceschool.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.

The Independence School Inc has achieved a strong 95% score, reflecting its effective management and transparency. The organization excels in accountability and finance, receiving a perfect score for its independent board members and financial oversight. Additionally, it demonstrates a commitment to ethical practices with robust policies in place for conflict of interest, whistleblowing, and document retention.

The program expense ratio of 70.23% indicates that a significant portion of its funds is directed towards its mission-related activities, which is a positive indicator for potential donors. Furthermore, the organization shows a solid understanding of equity strategies, scoring 87 out of 100 in this area, suggesting a proactive approach to inclusivity within its community.

While the overall ratings are commendable, the culture and community score of 87 suggests there may be areas for improvement in fostering a more inclusive environment. Nonetheless, the organization maintains a strong financial standing and commitment to its mission, making it a reliable choice for supporters and donors alike.


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

Is The Independence School Inc legitimate?

The Independence School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Independence School Inc 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: $407,114
Professional Fundraising Fees: $54,915
Other Salaries and Wages: $4,173,507

For more financial information, click here


Official website here: www.theindependenceschool.org

What is the mission statement of The Independence School Inc?

The Independence School Inspires its students to become self-reliant, intellectually curious individuals with a strong passion for learning, leadership, and citizenship. The mission of this independent school caters to students from preschool to 8th grade, fostering an educational environment that nurtures their exceptional spirit. Approximately 437 students were enrolled during the year, benefiting from this institution's commitment to their overall development.


Official website here: www.theindependenceschool.org

Who is the CEO of The Independence School Inc?

Victoria C Yatzus is the President of The Independence School Inc.


Official website here: www.theindependenceschool.org

What is the revenue of The Independence School Inc?

The Independence School Inc's revenue in 2022 was $12,237,721.


Official website here: www.theindependenceschool.org

Who are the executives of The Independence School Inc and what are their salaries?

The average compensation at The Independence School Inc during 2022 was $39,151. There are 117 employees and 50 volunteers at The Independence School Inc.


Here are 19 key members and their salaries:


Amelia Wyant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Wood (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Giffin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Doroh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Baldwin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amish Desai (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Dibianca Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Dombrowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Fang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bianca Fraser-Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hanna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mia Papas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Shahan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mona Singh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent C Thomas Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria C Yatzus (Head Of School)
  • Compensation: $227,988
  • Related: $0
  • Other: $30,824
Patrick Burns Jr ((From 7/21) Director Of Finance And Operations)
  • Compensation: $55,753
  • Related: $0
  • Other: $10,960
Jennifer Vrana ((To 6/21) Director Of Finance And Operations)
  • Compensation: $67,189
  • Related: $0
  • Other: $3,235
Bernadette Gilmore (Director Of Academic Innovation)
  • Compensation: $104,068
  • Related: $0
  • Other: $14,429


Official website here: www.theindependenceschool.org

Where can I find the form 990 for The Independence School Inc?

The Independence School Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theindependenceschool.org

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

Mission Statement of The Independence School Inc

The Independence School, a premier educational institution, fosters the development of independent, intellectually curious students. With a mission that goes beyond the realm of conventional learning, this school inspires its students to cultivate an exceptional spirit for growth, leadership, and citizenship.

Through its nurturing environment, The Independence School nudges its pupils to embrace their innate curiosity, enabling them to become self-reliant individuals. The institution cherishes the potential within each student, offering them a rich and engaging learning experience that transcends the classroom.

In the heart of this mission lies the belief that independent thinking and intellectual curiosity are essential traits for success in life. The Independence School provides its students with the tools to foster these skills, empowering them to lead and make a difference in their communities. With approximately 437 students enrolled during the year, The Independence School stands as a beacon of education for young minds seeking to explore their potential and broaden their horizons.

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Impact




October, 2024

The Independence School Inc significantly impacts the educational landscape by nurturing students into independent and intellectually curious individuals. Located in Newark, DE, the school serves approximately 437 children from preschool to 8th grade, fostering an exceptional spirit for learning, leadership, and citizenship. Through a well-rounded curriculum and an encouraging environment, The Independence School inspires students not only to excel academically but also to develop critical life skills that prepare them for future challenges. By focusing on the holistic development of each child, it cultivates a generation of leaders and engaged citizens.




This information is meant to be a general summary of The Independence School Inc. 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
$12,237,721 (2022)
Expenses
$10,431,706 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,260,410
  • Program Service Revenue: $8,872,232
  • Gross Receipts: $15,259,207

Assets and Liabilities:

  • Total Assets: $27,017,965
  • Total Liabilities: $8,957,651
  • Net Assets: $18,060,314

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Programs

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

TUITION & FEES

Revenue

$8,500,659

AUXILLIARY SERVICES

Revenue

$371,573

Organization Details

Founding Year

1978

Principal Officer

Victoria C Yatzus

Main Address

1300 PAPER MILL ROAD, NEWARK, DE, 197113408

NTEE Category

Code: B24 - Education

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