Overview
What is Center For Innovative Education Solutions Inc?
Center for Innovative Education Solutions Inc, based in Indianapolis, Indiana, is a nonprofit organization that specializes in providing financial services and consulting work to schools. This includes capacity-building, professional development, and technical assistance for administrative staff in twenty-two schools. By offering these cost-effective, non-instructional services, the organization allows schools to allocate more resources toward educational activities. With a mission to maximize support services for charter schools and innovative network schools, Center for Innovative Education Solutions Inc aims to ensure school leaders have effective tools, saving valuable resources that can be reinvested in the schools' educational programs. The organization currently employs seven individuals.
Official website here: www.innovativeedsolutions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Center For Innovative Education Solutions Inc has received a One-Star rating from Charity Navigator, indicating concerns regarding its overall accountability and finance practices. The organization's score reflects strengths in board independence and governance, with a fully independent board and proper documentation of meeting minutes. However, significant weaknesses are noted in financial transparency and compliance, particularly the absence of key financial statements and policies like whistleblower and document retention.
The charity demonstrates a commendable program expense ratio of over 95%, suggesting that most of its resources are directed towards its programs. This focus on programmatic spending is a positive aspect of its financial management. Nonetheless, the liabilities to assets ratio of over 100% raises red flags about its financial stability, indicating potential risks if liabilities exceed its assets.
Users and stakeholders may find the lack of essential financial documentation and policies concerning, as these are critical for trust and accountability in nonprofit operations. While the organization shows strengths in governance, the overall financial practices need improvement for increased credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Innovative Education Solutions Inc legitimate?
Center For Innovative Education Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Innovative Education Solutions 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: $183,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $304,742
For more financial information, click here
Official website here: www.innovativeedsolutions.org
What is the mission statement of Center For Innovative Education Solutions Inc?
The Center for Innovative Education Solutions Inc. is committed to providing cost-effective, non-instructional services to charter schools and innovative network schools. This organization offers professional development, technical assistance, and training to administrative staff in these schools. Their primary mission is to enhance the financial, operational, and state reporting services for these schools and their leaders. By ensuring that these schools have efficient support services, the Center for Innovative Education Solutions Inc. maximizes the time school personnel can dedicate to the classroom. This, in turn, fosters the development of school leaders and saves valuable resources that can be reinvested into the schools' educational programs.
Official website here: www.innovativeedsolutions.org
Who is the CEO of Center For Innovative Education Solutions Inc?
Joe White is the Board President of Center For Innovative Education Solutions Inc.
Official website here: www.innovativeedsolutions.org
What is the revenue of Center For Innovative Education Solutions Inc?
Center For Innovative Education Solutions Inc's revenue in 2022 was $2,252,415.
Official website here: www.innovativeedsolutions.org
Who are the executives of Center For Innovative Education Solutions Inc and what are their salaries?
The average compensation at Center For Innovative Education Solutions Inc during 2022 was $69,758. There are 7 employees at Center For Innovative Education Solutions Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $162,225
- Related: $0
- Other: $21,337
Official website here: www.innovativeedsolutions.org
Where can I find the form 990 for Center For Innovative Education Solutions Inc?
Center For Innovative Education Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innovativeedsolutions.org
Learn more at the official website: www.innovativeedsolutions.org
Mission Statement of Center For Innovative Education Solutions Inc
The Center for Innovative Education Solutions Inc is committed to providing affordable, non-instructional services to charter schools and innovative network schools. Their mission is to enhance the financial, operational, and reporting capabilities of these educational institutions and their leaders. By offering cost-effective support services, the organization allows school personnel to concentrate more on their primary role in the classroom. This focus on the classroom fosters the development of school leaders and saves valuable resources that can be reinvested in the schools' educational programs. By maximizing support services, the Center for Innovative Education Solutions Inc contributes to the overall success and effectiveness of charter schools and innovative network schools.
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Impact
July, 2024
Center For Innovative Education Solutions Inc's impact lies in its provision of cost-effective financial and operational services to charter schools and innovative network schools. By offering professional development, technical assistance, and training to administrative staff in these educational institutions, the organization enables them to allocate more resources towards educational activities. This, in turn, contributes to the development of school leaders and ensures that valuable resources are reinvested back into the schools' educational programs. By maximizing the time school personnel can focus on the classroom through effective support services, the organization plays a crucial role in enhancing the overall educational quality of these schools.
This information is meant to be a general summary of Center For Innovative Education Solutions 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 2022.
- Investment Income: $478
- Program Service Revenue: $2,016,511
- Gross Receipts: $2,252,415
Assets and Liabilities:
- Total Assets: $11,425,691
- Total Liabilities: $11,612,548
- Net Assets: -$186,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITIES MANAGEMENT
Revenue
$1,081,086
MANAGEMENT AND CONSULT
Revenue
$700,575
SPECIAL EDUCATION GRAN
Revenue
$128,025
COMPLIANCE AND REPORTI
Revenue
$106,825
Organization Details
Founding Year
2018
Phone
(317) 701-0547Principal Officer
Joe White
Main Address
111 MONUMENT CIRCLE 900, INDIANAPOLIS, IN, 46204
NTEE Category
Code: B02 - Education
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