Overview
What is Innovate Academy & Preparatory School Corp?
Innovate Academy & Preparatory School Corp is a nonprofit organization committed to inspiring a love for learning in its students and equipping them with essential skills for future success. Located within a nurturing and close-knit community, the school offers comprehensive education from pre-school to 8th grade, featuring a diverse and engaging curriculum. By fostering a passion for knowledge and providing students with necessary tools, Innovate Academy & Preparatory School Corp aims to develop well-rounded individuals who are ready to embrace the challenges of adulthood.
Official website here: www.innovateacademyprep.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star Rating. This rating reflects the organization’s performance in accountability and finance. With a score of 65%, Innovate Academy & Preparatory School Corp demonstrates some strengths but also significant areas for improvement, particularly in governance practices.
The organization has a solid program expense ratio, indicating effective allocation of resources towards its mission. Additionally, it has a well-structured independent board size and policies in place for conflict of interest, audit oversight, and material diversion of assets, which highlight some commitment to transparency and accountability.
However, the absence of majority independent board members and deficiencies in policies related to whistleblowing and document retention raise concerns regarding governance. Furthermore, the lack of transparency in posting tax forms on its website and a poor liabilities to assets ratio could signal financial vulnerabilities that warrant attention.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Innovate Academy & Preparatory School Corp?
With only a couple of reviews available on Facebook, it's clear that Innovate Academy & Preparatory School Corp is making a positive impression. One review highlights the exceptional quality of the teachers, noting that they are "amazing" and that children are thriving in the environment they create.
This sentiment suggests that the nonprofit is effectively delivering on its mission to provide a nurturing educational experience. Although the volume of feedback is limited, the positive remarks signal a strong foundation and a commitment to fostering student success. Overall, it appears that satisfaction levels are high among those who have experienced the school firsthand.
This AI summary has been generated from reviews found on Facebook.
Is Innovate Academy & Preparatory School Corp legitimate?
Innovate Academy & Preparatory School Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovate Academy & Preparatory School Corp 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: $67,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $892,882
For more financial information, click here
Official website here: www.innovateacademyprep.com
What is the mission statement of Innovate Academy & Preparatory School Corp?
Innovate Academy & Preparatory School Corp is committed to providing a stimulating and varied curriculum in a close-knit environment to ignite a love for learning in students and prepare them to become accomplished, well-rounded adults. By fostering this culture, the school equips its pupils with the necessary tools for success, educating students from preschool to eighth grade.
Official website here: www.innovateacademyprep.com
Who is the CEO of Innovate Academy & Preparatory School Corp?
Tessa Osborne is the Headmaster of Innovate Academy & Preparatory School Corp.
Official website here: www.innovateacademyprep.com
What is the revenue of Innovate Academy & Preparatory School Corp?
Innovate Academy & Preparatory School Corp's revenue in 2022 was $1,853,476.
Official website here: www.innovateacademyprep.com
Who are the executives of Innovate Academy & Preparatory School Corp and what are their salaries?
The average compensation at Innovate Academy & Preparatory School Corp during 2022 was $30,018. There are 32 employees and 20 volunteers at Innovate Academy & Preparatory School Corp.
Here are 5 key members and their salaries:
- Compensation: $26,104
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $8,900
- Related: $0
- Other: $0
Official website here: www.innovateacademyprep.com
Where can I find the form 990 for Innovate Academy & Preparatory School Corp?
Innovate Academy & Preparatory School Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.innovateacademyprep.com
Learn more at the official website: www.innovateacademyprep.com
Mission Statement of Innovate Academy & Preparatory School Corp
Innovate Academy & Preparatory School Corp is committed to providing a stimulating and diverse educational curriculum within a close-knit environment. This mission aims to instill a lifelong love for learning in its students and equip them with the essential tools needed to grow into successful, well-rounded adults. The school caters to the educational needs of children from preschool through 8th grade, fostering an atmosphere that encourages individual growth and development. By offering a challenging curriculum, Innovate Academy & Preparatory School Corp strives to develop students who are confident, well-equipped, and ready to face the challenges of adulthood.
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Impact
July, 2024
Innovate Academy & Preparatory School Corp's impact is felt through its commitment to offering a challenging and diverse curriculum in a tight-knit culture. By fostering a passion for learning and equipping students with the tools necessary to become successful, well-rounded adults, the school is shaping the future of its students in a meaningful way. With a focus on education from pre-school through 8th grade, Innovate Academy is laying a strong foundation for the development of its students. Its dedication to providing a supportive and enriching environment ensures that students are prepared for future success in all aspects of their lives.
This information is meant to be a general summary of Innovate Academy & Preparatory School Corp. 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: -$34,370
- Program Service Revenue: $1,607,407
- Gross Receipts: $1,889,066
Assets and Liabilities:
- Total Assets: $774,238
- Total Liabilities: $512,205
- Net Assets: $262,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,607,407
Organization Details
Founding Year
2019
Phone
(208) 908-5562Principal Officer
Tessa Osborne
Main Address
3467 W FLINT DRIVE, EAGLE, ID, 83616
Website
www.innovateacademyprep.comNTEE Category
Code: B90 - Education
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