Overview
What is Cold Spring School Inc?
Cold Spring School Inc, located in Indianapolis, Indiana, is a nonprofit organization dedicated to fostering a learning environment that nurtures students' curiosity in science, technology, engineering, and mathematics (STEM). Over the past three years, they have hosted a STEM camp, becoming an integral part of their community and growing in size each year. The school's mission is to equip students with 21st-century skills, transforming them into global citizens and stewards of the environment. With a workforce of 40 individuals, Cold Spring School Inc aims to cultivate an innovative and inquisitive mindset among its students, contributing to their overall development.
Official website here: www.myips.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Cold Spring School Inc has received a strong rating of 92%, reflecting its commitment to accountability and finance. The score is derived entirely from its performance in this area, indicating a well-managed organization with a focus on responsible financial practices. The charity excels with 100% of its board members being independent, which enhances transparency and governance.
The organization has demonstrated effective financial oversight, with no material diversion of assets reported and a solid liabilities to assets ratio of 10.18%. Additionally, Cold Spring School maintains high standards by implementing a conflict of interest policy, a whistleblower policy, and consistently documenting board meeting minutes. These practices contribute to a trustworthy operational framework.
However, while the financial and accountability scores are commendable, the summary does not provide insights into the charity's programmatic impact or the effectiveness of its services. Potential donors may want to seek additional information on how funds are allocated to specific programs and the outcomes achieved.
This AI summary has been generated from information found on Charity Navigator.
Is Cold Spring School Inc legitimate?
Cold Spring School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cold Spring 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: $141,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,322,231
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Official website here: www.myips.org
What is the mission statement of Cold Spring School Inc?
Cold Spring School Inc's mission is centered around fostering a learning environment that nurtures a student's curiosity in Science, Technology, Engineering, and Mathematics (STEM). The school aims to equip students with 21st-century skills, ultimately transforming them into globally-minded citizens and stewards of the environment. By providing a STEM-focused camp annually, Cold Spring School has become an integral part of its community, fostering growth in participation each year.
Official website here: www.myips.org
What is the revenue of Cold Spring School Inc?
Cold Spring School Inc's revenue in 2024 was $4,030,751.
Official website here: www.myips.org
Who are the executives of Cold Spring School Inc and what are their salaries?
The average compensation at Cold Spring School Inc during 2024 was $58,665. There are 42 employees and 100 volunteers at Cold Spring School Inc.
Here are 9 key members and their salaries:
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- Compensation: $129,781
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- Other: $9,278
Official website here: www.myips.org
Where can I find the form 990 for Cold Spring School Inc?
Cold Spring School Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.myips.org
Learn more at the official website: www.myips.org
Mission Statement of Cold Spring School Inc
Cold Spring School Inc is committed to establishing a learning environment that fosters the innate curiosity of students in the fields of Science, Technology, Engineering, and Mathematics (STEM). By engaging in this mission, the school aims to equip students with 21st-century skills, preparing them to become globally aware citizens and responsible stewards of the environment. The institution's mission is to cultivate an atmosphere where students can develop their critical thinking, problem-solving, and collaboration abilities, ultimately empowering them to contribute positively to society. The STEM Camp offered by Cold Spring School Inc has become a significant part of the school community, growing in popularity and size each year, reflecting the school's dedication to its mission.
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Impact
July, 2024
Cold Spring School Inc has a significant impact on its community through its STEM-focused educational programs. By creating a learning environment that nurtures students' natural curiosity in science, technology, engineering, and mathematics, the school is equipping young learners with essential 21st-century skills. Cold Spring School's STEM Camp has become a cornerstone of the school community, providing students and families with hands-on experiences that promote learning and growth. Through its commitment to fostering global citizens and environmental stewards, Cold Spring School is shaping the next generation of innovative thinkers and problem solvers.
This information is meant to be a general summary of Cold Spring 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $75,059
- Program Service Revenue: $116,271
- Gross Receipts: $4,040,936
Assets and Liabilities:
- Total Assets: $1,700,017
- Total Liabilities: $170,703
- Net Assets: $1,529,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER STUDENT FEES
Revenue
$68,937
STEM/ROBOTICS REVENUE
Revenue
$47,334
Organization Details
Founding Year
2016
Principal Officer
Katie Castro Jackson
Website
www.myips.orgNTEE Category
Code: B20 - Education
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