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Indi-Ed Foundation Inc

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

EIN: 811401130 ✦ Saint petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Indi-Ed Foundation Inc?

Indi-Ed Foundation Inc, based in Saint Petersburg, Florida, is a nonprofit organization with a mission to empower children by revolutionizing the concept of education. They encourage teachers, students, families, and community members to engage in real-world exploration, believing that making connections can inspire students to create, expand upon, and share their ideas. The foundation is dedicated to embracing each child's uniqueness to develop future leaders who are successful and passionate. With a small team of four individuals, Indi-Ed Foundation Inc strives to redefine learning opportunities and serve as a source of inspiration for young minds.


Official website here: www.indi-ed.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 74%)

The Indi-Ed Foundation Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement. The foundation scores well in certain areas, such as program expense ratio, where it allocates nearly 99% of its expenses to programs. It also has a strong accountability framework, evidenced by high scores in governance policies like conflict of interest and whistleblower policies.

However, the organization has significant weaknesses in transparency and board composition. It scored zero points for its independent board size and financial statements, which suggests a lack of robust oversight and public financial disclosures. Additionally, the failure to post tax forms on its website further detracts from its accountability and transparency efforts.

Overall, while Indi-Ed Foundation Inc demonstrates effective program funding and strong governance policies, it must address its financial transparency and board independence to improve its standing and trust with stakeholders.


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

Is Indi-Ed Foundation Inc legitimate?

Indi-Ed Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indi-Ed Foundation 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: $56,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,034

For more financial information, click here


Official website here: www.indi-ed.com

What is the mission statement of Indi-Ed Foundation Inc?

The Indi-Ed Foundation Inc's mission is centered around empowering children by transforming the concept of traditional schooling. They are committed to celebrating each child's uniqueness, aiming to foster successful and passionate future leaders. The foundation believes that learning opportunities and sources of inspiration can be found in various aspects of life. They encourage teachers, students, families, and community members to engage in allowing students to explore ideas in the real world. By making connections, the students are inspired to create, expand upon, and share their ideas.


Official website here: www.indi-ed.com

Who is the CEO of Indi-Ed Foundation Inc?

Unavailable


Official website here: www.indi-ed.com

What is the revenue of Indi-Ed Foundation Inc?

Indi-Ed Foundation Inc's revenue in 2022 was $509,329.


Official website here: www.indi-ed.com

Who are the executives of Indi-Ed Foundation Inc and what are their salaries?

The average compensation at Indi-Ed Foundation Inc during 2022 was $49,973. There are 4 employees at Indi-Ed Foundation Inc.


Here are 3 key members and their salaries:


Christine Laurenzi (Director)
  • Compensation: $56,857
  • Related: $0
  • Other: $0
Steven Laurenzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.indi-ed.com

Where can I find the form 990 for Indi-Ed Foundation Inc?

Indi-Ed Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.indi-ed.com

Learn more at the official website: www.indi-ed.com

Mission Statement of Indi-Ed Foundation Inc

Indi-Ed Foundation Inc is committed to empowering children by revolutionizing the concept of education. The organization is deeply invested in recognizing and embracing each child's uniqueness, with the goal of nurturing successful and passionate future leaders. Indi-Ed Foundation Inc believes that learning opportunities and inspiration are abundant in the world around us. The foundation encourages teachers, students, families, and community members to collaborate in allowing students to explore ideas in real-world settings. By making connections, they inspire students to create, expand upon, and share their ideas.

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Impact




July, 2024

Indi-Ed Foundation Inc is making a significant impact by empowering children to re-imagine the concept of school. Their dedication to embracing each child's uniqueness in order to develop successful and passionate future leaders is truly commendable. By encouraging teachers, students, families, and community members to engage in the process of allowing students to explore ideas in the real world, they are creating a learning environment that fosters creativity and inspiration. Through making connections and inspiring students to create, expand upon, and share their ideas, Indi-Ed Foundation Inc is shaping young minds and preparing them for a bright future. Their focus on education as a tool for empowerment is evident in their work, and their commitment to reshaping traditional education models is creating a positive impact on the community.




This information is meant to be a general summary of Indi-Ed Foundation 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
$509,329 (2022)
Expenses
$428,535 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $438,502
  • Gross Receipts: $510,079

Assets and Liabilities:

  • Total Assets: $229,763
  • Total Liabilities: $12,017
  • Net Assets: $217,746

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Programs

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

Tuition

Revenue

$438,502

Organization Details

Founding Year

2016

Main Address

230 17th Ave NE, Saint Petersburg, FL, 33704

NTEE Category

Code: B28 - Education

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