Overview
What is Idea Florida Inc?
Idea Florida Inc is a nonprofit organization based in Tampa, Florida, dedicated to providing tuition-free education to college-bound students in the state. Since its inception in 2000, Idea Florida has expanded from a small school with 150 students to a network of K-12 public charter schools serving over 80,000 students across the United States. Operating in the Tampa Bay area and Jacksonville, Idea Florida currently caters to 882 students across two campuses. With a commitment to small learning groups and daily access to technology, the organization strives to help each student learn at their own pace. Teachers bring subject matter expertise and a determination to support students in reaching their full potential. Idea Florida serves students in grades K-2 and 6, with plans to expand to serve grades K-12 in the future. The organization employs a team of dedicated individuals, with a current workforce of five.
Official website here: www.ideapublicschools.org/states/florida/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Idea Florida Inc has received a rating of 81%, indicating a solid performance in its accountability and financial practices. The organization demonstrates strong governance with a fully independent board and robust oversight mechanisms, showcasing a commitment to transparency and responsible management of resources. Their financial practices are commendable, with a program expense ratio of 77.90%, reflecting a significant portion of funds directed towards their programs.
The organization has established comprehensive policies, including conflict of interest and whistleblower policies, which are essential for maintaining ethical standards. They also ensure that critical documents like board meeting minutes are properly maintained and available, further enhancing their accountability. However, detailed insights into program outcomes or community impact are not highlighted in the provided data, which may limit a complete understanding of their effectiveness.
While Idea Florida Inc shows strengths in governance and financial accountability, the lack of information on programmatic results suggests an area for potential improvement in transparency regarding their impact. This rating provides reassurance to donors about the organization's management, yet further details on their outcomes would enhance confidence in their overall mission efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Idea Florida Inc legitimate?
Idea Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idea Florida 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: $619,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,671,150
For more financial information, click here
Official website here: www.ideapublicschools.org/states/florida/
What is the mission statement of Idea Florida Inc?
Idea Florida Inc is dedicated to providing tuition-free education to college-bound students from underserved communities in Florida. Their mission is to prepare students for success in college and responsible citizenship through educational services. The organization currently caters to students in grades K-2 and 6, with plans to expand to serve grades K-12 in the future. IDEA Florida's approach includes small learning groups, daily access to technology, and a team of committed teachers, parents, and administrators working together to help each student reach their potential. In the 2021-2022 academic year, the organization served 882 students across two campuses, and expanded to two additional schools in the Jacksonville area for the 2022-2023 academic year.
Official website here: www.ideapublicschools.org/states/florida/
Who is the CEO of Idea Florida Inc?
Lizzette Reynolds is the Chair of Idea Florida Inc.
Official website here: www.ideapublicschools.org/states/florida/
What is the revenue of Idea Florida Inc?
Idea Florida Inc's revenue in 2022 was $28,549,811.
Official website here: www.ideapublicschools.org/states/florida/
Who are the executives of Idea Florida Inc and what are their salaries?
The average compensation at Idea Florida Inc during 2022 was $2,658,111. There are 5 employees and 4 volunteers at Idea Florida Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $238,776
- Other: $7,468
- Compensation: $0
- Related: $221,991
- Other: $15,867
- Compensation: $0
- Related: $128,450
- Other: $10,730
- Compensation: $0
- Related: $167,337
- Other: $13,486
- Compensation: $0
- Related: $151,375
- Other: $10,507
- Compensation: $0
- Related: $123,848
- Other: $9,456
- Compensation: $0
- Related: $112,118
- Other: $10,220
Official website here: www.ideapublicschools.org/states/florida/
Where can I find the form 990 for Idea Florida Inc?
Idea Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ideapublicschools.org/states/florida/
Learn more at the official website: www.ideapublicschools.org/states/florida/
Mission Statement of Idea Florida Inc
Idea Florida Inc, a leading educational nonprofit organization, is dedicated to preparing students from underserved communities in Florida for college success and responsible citizenship. By offering tuition-free education, Idea Florida sets each student on a path towards academic excellence and personal growth. Currently serving students in grades K-2 and 6, Idea Florida plans to expand its services to accommodate students in grades K-12 in the future.
IDEA Florida's mission is built on the belief that every child, regardless of their background, deserves the opportunity to attend college. Established in 2000, the organization has grown from a small school serving 150 students to a national network encompassing over 80,000 college-bound students across the United States. Idea Florida's unique approach to education, which includes small learning groups and daily access to technology, caters to each student's individual learning needs.
Teachers at Idea Florida bring subject matter expertise and an unwavering commitment to help students reach their full potential. Parents, teachers, and administrators work together to create a supportive learning environment that fosters academic and personal growth. For the 2021-2022 academic year, Idea Florida served 882 students across two campuses in the Tampa Bay area and opened two additional schools in Jacksonville for the 2022-2023 academic year. These expansions demonstrate Idea Florida's ongoing commitment to providing quality education and opportunities to students from underserved communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
IDEA Florida Inc has a significant impact on education in the state, particularly for underserved communities. By providing tuition-free education, it opens doors for college-bound students who might otherwise face barriers to accessing quality education. The organization operates K-12 public charter schools, currently serving 882 students across two campuses in the Tampa Bay area, with plans for expansion to serve grades K-12.
The growth of IDEA Florida from a small cohort to a broader network is a testament to its commitment to educational excellence. The organization focuses on personalized learning through small groups and daily access to technology, ensuring that each student progresses at their own pace. This targeted approach helps meet the diverse needs of students, enhancing their likelihood of academic success and college readiness.
Additionally, IDEA Florida emphasizes collaboration among parents, teachers, and administrators, creating a supportive community centered on student achievement. By cultivating responsible citizens and future leaders, IDEA Florida is not only preparing students for college but also contributing to the overall development of their communities, fostering a more educated and empowered society. The impact extends beyond individual student success; it promises to uplift entire neighborhoods, as educated individuals engage in their communities and contribute positively to society.
This information is meant to be a general summary of Idea Florida 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.
- Gross Receipts: $28,549,811
Assets and Liabilities:
- Total Assets: $10,711,541
- Total Liabilities: $10,595,546
- Net Assets: $115,995
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(956) 332-6311Principal Officer
Lizzette Reynolds
Main Address
co IDEA Hope 5050 E 10th Ave, Tampa, FL, 33619
NTEE Category
Code: B29 - Education
If you are a representative of Idea Florida Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.