Overview
What is Iowa Independent School Tuition Organization Inc?
Iowa Independent School Tuition Organization Inc is a nonprofit entity based in Des Moines, Iowa, specifically at Bergman Academy's address. Its primary mission involves soliciting donations from the general public to support member schools, which then distribute the funds to eligible families. The organization adheres to the provisions of the Federal Civil Rights Act of 1964 and Iowa state laws, providing scholarships to students from lower-income households to attend accredited non-public K-12 schools in Iowa. As per the most recent Federal Poverty Guidelines, an "eligible student" belongs to a household whose annual income does not surpass four times this threshold. In 20XX, the organization distributed $129,668 in scholarships to four accredited, non-public schools in Iowa.
Official website here: www.iisto.com
Is Iowa Independent School Tuition Organization Inc legitimate?
Iowa Independent School Tuition Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Independent School Tuition Organization 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.iisto.com
What is the mission statement of Iowa Independent School Tuition Organization Inc?
The Iowa Independent School Tuition Organization Inc's primary mission is to solicit donations from the general public. These collected funds are then distributed to each member school, which in turn, provides scholarships to qualifying families. This is facilitated under Iowa Code Section 422.11S. The organization aims to assist eligible students, whose annual income does not exceed four times the most recent federal poverty guidelines, to attend accredited non-public K-12 schools in Iowa. The Iowa Independent School Tuition Organization Inc distributed $129,668 in scholarships during a certain period, directly to four accredited, non-public schools in Iowa, to provide tuition assistance for eligible families.
Official website here: www.iisto.com
Who is the CEO of Iowa Independent School Tuition Organization Inc?
Jeremy Ours is the Administrator of Iowa Independent School Tuition Organization Inc.
Official website here: www.iisto.com
What is the revenue of Iowa Independent School Tuition Organization Inc?
Iowa Independent School Tuition Organization Inc's revenue in 2022 was $217,095.
Official website here: www.iisto.com
Who are the executives of Iowa Independent School Tuition Organization Inc and what are their salaries?
There 7 volunteers at Iowa Independent School Tuition Organization Inc.
Here are 8 key members and their salaries:
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Official website here: www.iisto.com
Where can I find the form 990 for Iowa Independent School Tuition Organization Inc?
Iowa Independent School Tuition Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iisto.com
Learn more at the official website: www.iisto.com
Mission Statement of Iowa Independent School Tuition Organization Inc
Iowa Independent School Tuition Organization Inc, in essence, solicits donations from the general public with the primary objective of distributing these funds to its member schools. These schools, in turn, allocate these funds to qualifying families in accordance with Iowa Code Section 422.11S. The organization's mission is centered around providing financial assistance to eligible students who attend non-public K-12 schools in the state of Iowa that are accredited under Iowa Code 256.11 and adhere to the provisions of the Federal Civil Rights Act of 1964 and Chapter 216.
To be considered an "eligible student," a student's household annual income during the calendar year prior to receiving a tuition grant must not exceed an amount equal to four times the most recently published federal poverty guidelines in the Federal Register by the United States Department of Health and Human Services. In the last reported year, Iowa Independent School Tuition Organization Inc distributed $129,668 in scholarships directly to four accredited, non-public schools located in the state of Iowa. These schools used the funds to provide tuition assistance for students from eligible families.
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Impact
October, 2024
Iowa Independent School Tuition Organization Inc significantly enhances educational opportunities for students in Iowa by providing much-needed financial assistance to eligible families. By soliciting donations from the public, the organization allocates funds directly to accredited non-public K-12 schools, enabling these institutions to offer scholarships to students from households with limited financial means.
In the most recent fiscal period, the organization distributed $129,668 in scholarships, allowing more students to afford tuition at schools that align with their educational needs and values. This initiative is particularly impactful for families whose annual income does not exceed four times the federal poverty guidelines, ensuring that financial constraints do not hinder access to quality education.
The organization contributes to the broader educational landscape in Iowa by supporting private schooling options that comply with state and federal regulations, thereby fostering an environment of educational choice. Through its efforts, the Iowa Independent School Tuition Organization Inc plays a crucial role in promoting equity in education, helping to create opportunities for students who might otherwise be unable to pursue their academic goals.
This information is meant to be a general summary of Iowa Independent School Tuition Organization 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,590
- Gross Receipts: $265,400
Assets and Liabilities:
- Total Assets: $224,821
- Total Liabilities: $0
- Net Assets: $224,821
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Organization Details
Founding Year
2007
Phone
(515) 314-4034Principal Officer
Jeremy Ours
Main Address
C/O BERGMAN ACADEMY 100 45TH STREET, DES MOINES, IA, 50312
Website
www.iisto.comNTEE Category
Code: B12 - Education
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