Overview
What is Ilead Spring Meadows?
Ilead Spring Meadows is a nonprofit organization situated in Holland, Ohio, specifically at 1615 Timberwolf Drive. Their educational approach deviates from traditional methods, prioritizing project-based learning and deeper understanding. They foster an open, engaging, and collaborative learning environment for students ranging from kindergarten to eighth grade. This innovative approach encourages critical thinking, independence, and the development of essential 21st-century skills. The organization's mission is deeply rooted in these values, aiming to provide a comprehensive and lasting educational experience, preparing learners for higher education and long-term success. Ilead Spring Meadows employs a team of 44 individuals, dedicated to delivering this unique and effective educational model.
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Star rating)
Ilead Spring Meadows has received a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The charity's overall score is derived entirely from its accountability and finance beacon, reflecting its commitment to transparency and responsible financial practices. Notably, the organization boasts a perfect score for having a majority of independent board members, demonstrating strong governance.
Positive aspects of Ilead Spring Meadows include its rigorous financial oversight, with an audit and oversight committee in place and no material diversion of assets reported. The charity has also implemented essential policies such as conflict of interest, whistleblower protections, and document retention, all of which contribute to its accountability. Additionally, the organization shows strong program expense ratios and fundraising efficiency, which indicates effective use of funds for its mission.
However, there are limitations reflected in the rating, particularly concerning the size of the independent board, which may indicate potential governance issues. The charity's working capital ratio is also notably low, suggesting it may have limited financial reserves. Overall, while Ilead Spring Meadows demonstrates solid financial practices, attention to board composition and financial sustainability could further enhance its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ilead Spring Meadows legitimate?
Ilead Spring Meadows is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ilead Spring Meadows 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: $1,313,813
For more financial information, click here
What is the mission statement of Ilead Spring Meadows?
Ilead Spring Meadows, following a novel educational approach, fosters an atmosphere of project-based learning. This model is not merely a trend, but a testament to the effective manner in which children absorb knowledge. The institution integrates technology into the learning process, viewing it as a vital component in the 21st century. Furthermore, Ilead Spring Meadows encourages leadership not just as a professional skill, but as a character trait that inspires others. The learning environment is designed to be open, enjoyable, and multidisciplinary, promoting deeper understanding, independent critical thinking, and teamwork. This educational approach aims to equip learners with the essential 21st-century skills, ensuring they succeed in higher education and beyond.
Who is the CEO of Ilead Spring Meadows?
C David Massa is the Vice Chairman of Ilead Spring Meadows.
What is the revenue of Ilead Spring Meadows?
Ilead Spring Meadows's revenue in 2022 was $2,795,259.
Who are the executives of Ilead Spring Meadows and what are their salaries?
The average compensation at Ilead Spring Meadows during 2022 was $29,859. There are 44 employees at Ilead Spring Meadows.
Here are 7 key members and their salaries:
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $375
- Related: $0
- Other: $0
- Compensation: $125
- Related: $0
- Other: $0
Where can I find the form 990 for Ilead Spring Meadows?
Ilead Spring Meadows's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ilead Spring Meadows
iLEAD Spring Meadows, an innovative learning institution, is driven by a mission that revolves around project-based learning and the integration of technology in the 21st century. Instead of adhering to the traditional, passive, lecture-based educational model, the school creates dynamic, collaborative, and open learning environments for students from kindergarten to eighth grade. This approach fosters a deeper understanding of subjects, encourages critical thinking, and nurtures essential 21st-century skills such as cooperation and independence. iLEAD Spring Meadows strives to provide learners with a comprehensive and enduring educational experience, setting them up for success in higher education and beyond.
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Impact
July, 2024
Ilead Spring Meadows has had a significant impact on education by pioneering a model based on project-based learning, integrating technology seamlessly into the learning process, and fostering leadership skills in learners. By moving away from traditional, passive, lecture-based education towards a more interactive and engaging approach, Ilead Spring Meadows has created a dynamic learning environment that promotes deeper understanding, critical thinking, and collaboration among students. This innovative approach prepares students for higher education and long-term success by equipping them with essential 21st-century skills.
This information is meant to be a general summary of Ilead Spring Meadows. 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.
- Gross Receipts: $2,795,259
Assets and Liabilities:
- Total Assets: $10,461,357
- Total Liabilities: $14,485,287
- Net Assets: -$4,023,930
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Organization Details
Founding Year
2016
Phone
(330) 515-0572Principal Officer
C David Massa
Main Address
1615 Timberwolf Drive, Holland, OH, 43528
NTEE Category
Code: B25 - Education
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