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Invent Learning Hub Inc

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

EIN: 825228511 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Invent Learning Hub Inc?

Invent Learning Hub Inc, located in Indianapolis, Indiana, serves as a nonprofit organization dedicated to fostering collaborative and entrepreneurial problem-solvers. Operating with a staff of 30 individuals, Invent Learning Hub Inc provides a fully operational building post-pandemic, offering after-school opportunities for students and families. Their unique approach revolves around personalized learning and design thinking experiences, aiming to equip students with an individualized post-secondary success plan upon leaving the hub. The organization's mission is centered around nurturing these problem-solvers, instilling in them the skills necessary to thrive in their future endeavors.


Official website here: www.inventlearning.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Invent Learning Hub Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The charity scored particularly well in areas such as its independent board composition and the existence of robust audit and oversight mechanisms, indicating a high level of transparency and governance.

The organization boasts a fully independent board, and its financial practices are well-documented, with no reported material diversion of assets. Additionally, it has effective policies in place regarding conflict of interest, whistleblower protection, and document retention, all contributing to its strong accountability metrics.

One area for improvement noted in the data is the program expense ratio, which stands at 65.41%. While this is still a solid figure, there is room to enhance the percentage allocated directly to programs in order to further strengthen its impact and effectiveness.


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

What do the Facebook reviews say about Invent Learning Hub Inc?

90% of reviewers on Facebook recommend Invent Learning Hub Inc. Here is a summary of their reviews:

Parents express high enthusiasm about the school, noting that their children are eager to attend. The appreciation for the staff is evident, particularly highlighting Alicia Ostler's positive demeanor. Overall, families seem pleased with the nurturing environment and support provided at the nonprofit, indicating it effectively meets their educational needs.


This AI summary has been generated from reviews found on Facebook.

Is Invent Learning Hub Inc legitimate?

Invent Learning Hub Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invent Learning Hub 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: $191,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $884,769

For more financial information, click here


Official website here: www.inventlearning.org

What is the mission statement of Invent Learning Hub Inc?

Invent Learning Hub Inc's mission is centered around fostering collaborative and entrepreneurial problem-solvers through personalized learning and design thinking experiences. The organization aims to equip its participants with an individualized post-secondary success plan upon completion. By utilizing these methods, Invent Learning Hub Inc strives to cultivate individuals who are well-prepared to navigate their future academic and professional endeavors. This year, their programming returned to full in-person operations, allowing them to offer various after-school opportunities for students and their families.


Official website here: www.inventlearning.org

Who is the CEO of Invent Learning Hub Inc?

Aleicha Ostler is the Executive Director of Invent Learning Hub Inc.


Official website here: www.inventlearning.org

What is the revenue of Invent Learning Hub Inc?

Invent Learning Hub Inc's revenue in 2022 was $2,600,488.


Official website here: www.inventlearning.org

Who are the executives of Invent Learning Hub Inc and what are their salaries?

The average compensation at Invent Learning Hub Inc during 2022 was $35,863. There are 30 employees at Invent Learning Hub Inc.


Here are 14 key members and their salaries:


Aleicha Ostler (Executive Director)
  • Compensation: $133,824
  • Related: $0
  • Other: $9,094
Joshua Edwards (Administrative Assistant)
  • Compensation: $32,920
  • Related: $0
  • Other: $1,125
Paul Smith (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Ewigleben (Board Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Butler (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kierstin Janik (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Alexander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Heustis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Reusch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Weaver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kia Wells (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Whitmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Broughten (Board Member (Resigned))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.inventlearning.org

Where can I find the form 990 for Invent Learning Hub Inc?

Invent Learning Hub Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inventlearning.org

Learn more at the official website: www.inventlearning.org

Mission Statement of Invent Learning Hub Inc

Invent Learning Hub Inc, a nonprofit organization, employs personalized learning and design thinking experiences to foster collaborative, entrepreneurial problem-solvers. The mission of Invent Learning Hub Inc is to prepare its participants with an individualized post-secondary success plan upon completion. By utilizing these innovative methods, the organization aims to cultivate a new generation of problem-solvers who can tackle challenges effectively and leave the hub with a solid plan for their future academic pursuits. This year, Invent Learning Hub Inc resumed its operations fully in-person, offering numerous after-school opportunities for students and families, demonstrating its commitment to providing valuable educational experiences.

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Impact




July, 2024

Invent Learning Hub Inc's impact lies in its commitment to using personalized learning and design thinking experiences to cultivate collaborative, entrepreneurial problem-solvers. Students who participate in ILH programs leave with an individualized post-secondary success plan, equipping them with the skills and mindset necessary for future endeavors. This year, despite the challenges of the pandemic, ILH was able to operate fully in person, offering a range of after-school opportunities for students and families in Indianapolis. Through its innovative approach to education, ILH is positively shaping the next generation of leaders and thinkers in the community.




This information is meant to be a general summary of Invent Learning Hub 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
$2,600,488 (2022)
Expenses
$2,198,595 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,600,488

Assets and Liabilities:

  • Total Assets: $3,288,341
  • Total Liabilities: $1,439,272
  • Net Assets: $1,849,069

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Organization Details

Founding Year

2018

Principal Officer

Aleicha Ostler

Main Address

1849 E PLEASANT RUN PKWY S DR, INDIANAPOLIS, IN, 46203

NTEE Category

Code: B29 - Education

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