Individual Education Plan Academy Inc

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

EIN: 814236838 ✦ Kissimmee, FL ✦ Designated as a 501(c)(3)

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Overview

What is Individual Education Plan Academy Inc?

Individual Education Plan Academy Inc, an elementary school based organization, is dedicated to providing quality education. They offer an educational tuition plan, which involves investing in facilities and faculty to ensure a conducive learning environment. As a nonprofit, they aim to make education accessible for all, carrying out their mission through the provision of essential educational resources.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall score: 60%, earning a Two-Star out of Four Star rating

Individual Education Plan Academy Inc has received a Two-Star rating from Charity Navigator, indicating that it needs improvement in its financial accountability and transparency. While the organization boasts a fully independent board, it struggles significantly in areas such as financial statements and a conflict of interest policy, which are critical for maintaining donor trust and operational integrity.

Strengths of the organization include a high program expense ratio of 91.21%, demonstrating that a significant portion of its funds goes directly towards its educational programs. Additionally, the academy has shown a commendable approach to asset management with a liabilities to assets ratio of 0.46%. These aspects suggest that when funds are utilized, they are predominantly allocated to achieving the nonprofit's mission.

However, the lack of critical financial documentation and policies raises concerns about transparency and governance. The organization has not posted its tax form on its website or established essential policies such as whistleblower and document retention policies. These limitations point to a need for the academy to enhance its operational practices to better serve its stakeholders and improve its rating.


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

Is Individual Education Plan Academy Inc legitimate?

Individual Education Plan Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Individual Education Plan Academy 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: $7,964,002

For more financial information, click here

What is the mission statement of Individual Education Plan Academy Inc?

Individual Education Plan Academy Inc is an elementary school that focuses on providing an educational tuition plan. Through their programs, they invest in equipping facilities and hiring faculty to ensure a quality learning experience. Their mission is geared towards offering a comprehensive education to students. By providing the necessary resources and skilled educators, they aim to foster a conducive learning environment where students can thrive and reach their full potential. The organization is dedicated to creating a solid foundation for students' future academic success and personal growth. Their elementary school setting offers a nurturing environment where students can develop essential skills and build a strong educational base.

Who is the CEO of Individual Education Plan Academy Inc?

Steven Whiteacre is the Director of Individual Education Plan Academy Inc.

What is the revenue of Individual Education Plan Academy Inc?

Individual Education Plan Academy Inc's revenue in 2023 was $17,566,177.

Who are the executives of Individual Education Plan Academy Inc and what are their salaries?


Here are 2 key members and their salaries:


Steven Whiteacre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Baldwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Individual Education Plan Academy Inc?

Individual Education Plan Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Individual Education Plan Academy Inc

Individual Education Plan Academy, a renowned elementary school, is committed to providing quality education through its comprehensive tuition plan. The organization's mission is geared towards equipping facilities and hiring a competent faculty to deliver an exceptional learning experience. With a focus on education, the academy aims to create an environment conducive to the holistic development of every student.

By investing in top-notch facilities, Individual Education Plan Academy ensures that students have access to the latest educational resources and tools. The organization's dedication to its mission extends beyond the classroom, as it continually seeks to hire qualified and passionate educators. These educators are tasked with fostering a love for learning and inspiring students to reach their full potential.

In summary, Individual Education Plan Academy is an elementary school that places a strong emphasis on education and the provision of a nurturing learning environment. By investing in its facilities and faculty, the organization is able to offer a high-quality tuition plan that sets the foundation for students' future academic and personal success.

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Impact




October, 2024

Individual Education Plan Academy Inc significantly impacts the educational landscape by providing an inclusive and well-structured educational environment for elementary students. By equipping facilities and hiring qualified faculty, the academy ensures that students receive high-quality instruction tailored to their individual needs.

The educational tuition plan offered by the academy allows families to access essential resources and support, promoting academic growth and fostering a love for learning. This approach not only enhances the educational experience for students but also supports teachers and staff in delivering effective and engaging lessons.

By focusing on individualized education strategies, the academy helps students achieve their full potential, preparing them for future academic challenges and encouraging lifelong learning. Overall, Individual Education Plan Academy Inc plays a critical role in shaping the educational journey of its students in Kissimmee, FL.




This information is meant to be a general summary of Individual Education Plan Academy 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
$17,566,177 (2023)
Expenses
$15,631,468 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,550
  • Program Service Revenue: $16,965,053
  • Gross Receipts: $17,566,177

Assets and Liabilities:

  • Total Assets: $7,539,279
  • Total Liabilities: $35,313
  • Net Assets: $7,503,966

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Programs

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

TUITION REVENUE

Revenue

$15,459,817

SALES

Revenue

$657,112

SUMMER CAMP

Revenue

$380,284

MANAGEMENT FEES

Revenue

$340,000

FIELD TRIPS

Revenue

$127,840

Organization Details

Founding Year

2016

Principal Officer

Steven Whiteacre

Main Address

1515 MICHIGAN AVENUE, KISSIMMEE, FL, 34741

NTEE Category

Code: B20 - Education

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