Overview
What is Institute For Educational Advancement?
The Institute for Educational Advancement (IEA) is a dedicated nonprofit organization based in Pasadena, California, with a mission to support the academic and personal growth of gifted and high-potential youth. Central to their mission is promoting intellectual, creative, and personal development through engaging learning experiences that challenge, mentor, foster the exploration of ideas, and recognize individual potential. As part of their work, IEA offers the highly selective Caroline D. Bradley Scholarship, identifying exceptional middle school students and providing them with four-year, full-tuition scholarships to high schools that best fit their needs. In 2022, they awarded scholarships to 27 new students, bringing the total number of scholars to 171. With a team of 45 employees, IEA is committed to connecting like-minded individuals and creating a diverse community that fosters a sense of belonging and affirmation.
Official website here: www.educationaladvancement.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
The Institute For Educational Advancement has received a solid rating of 81%, reflecting a commendable level of accountability and financial health. The organization demonstrates strong governance practices, with 92% of its board members being independent, ensuring that conflicts of interest are minimized. Their commitment to transparency is further evidenced by the presence of essential policies such as whistleblower protection and conflict of interest guidelines.
Financially, the organization shows a healthy program expense ratio of 85.76%, indicating that a significant portion of its resources is directed toward its educational initiatives. The absence of any material diversion of assets and a favorable liabilities to assets ratio of 1.12% highlight its prudent financial management. These strengths suggest that the institute is effectively utilizing its funds to benefit its programs.
While the rating is positive, a score of 81% leaves room for improvement. Potential donors may want to consider how the organization can enhance its financial practices or expand its outreach efforts. Overall, the Institute For Educational Advancement appears to be a responsible nonprofit with a strong focus on governance and programmatic spending.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Institute For Educational Advancement?
100% of reviewers on Facebook recommend the Institute For Educational Advancement. Here is a summary of their reviews:
The organization is highly regarded for providing a supportive environment for individuals who are intellectually different. Reviewers appreciate the sense of community it fosters, allowing people to connect and relate to others who share similar experiences.
Overall, the sentiment is overwhelmingly positive, reflecting satisfaction and appreciation for the organization’s role in creating a welcoming space for its members.
This AI summary has been generated from reviews found on Facebook.
Is Institute For Educational Advancement legitimate?
Institute For Educational Advancement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Educational Advancement 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: $385,594
Professional Fundraising Fees: $0
Other Salaries and Wages: $804,910
For more financial information, click here
Official website here: www.educationaladvancement.org/
What is the mission statement of Institute For Educational Advancement?
The Institute for Educational Advancement (IEA) is committed to fostering the intellectual, creative, and personal growth of gifted and high-potential youth in the United States. Central to its mission is the development of the whole child through engaging learning experiences that provide optimal challenge, mentorship, exploration of ideas, and recognition of individual potential. The organization aims to connect like-minded individuals and supports a diverse community, creating a sense of belonging and affirmation for its members. The Institute for Educational Advancement is dedicated to nurturing the full academic and personal potential of young individuals, offering them a supportive environment for their intellectual and personal growth.
Official website here: www.educationaladvancement.org/
Who is the CEO of Institute For Educational Advancement?
Elizabeth D Jones is the President of Institute For Educational Advancement.
Official website here: www.educationaladvancement.org/
What is the revenue of Institute For Educational Advancement?
Institute For Educational Advancement's revenue in 2022 was $2,037,361.
Official website here: www.educationaladvancement.org/
Who are the executives of Institute For Educational Advancement and what are their salaries?
The average compensation at Institute For Educational Advancement during 2022 was $26,456. There are 45 employees and 93 volunteers at Institute For Educational Advancement.
Here are 14 key members and their salaries:
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- Compensation: $101,257
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- Other: $18,637
Official website here: www.educationaladvancement.org/
Where can I find the form 990 for Institute For Educational Advancement?
Institute For Educational Advancement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.educationaladvancement.org/
Learn more at the official website: www.educationaladvancement.org/
Mission Statement of Institute For Educational Advancement
The Institute for Educational Advancement (IEA) is devoted to fostering the academic and personal development of young individuals with exceptional potential. Central to its mission is the promotion of intellectual, creative, and personal growth in these gifted and high-potential youth. The organization is committed to nurturing the whole child through engaging learning experiences that provide optimal challenge, mentorship, exploration of ideas, and recognition of individual potential. By connecting like-minded individuals and supporting a diverse community, IEA aims to create a sense of belonging and affirmation for its members, thereby empowering them to reach their full potential.
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Impact
July, 2024
The Institute for Educational Advancement impacts young individuals by supporting their full academic and personal potential. One of its notable programs, the Caroline D. Bradley Scholarship, identifies exceptionally gifted middle school students and provides them with four-year scholarships to high schools that best fit their intellectual and personal needs. In 2022, IEA named 27 new Caroline D. Bradley Scholars, bringing the total number of scholarships awarded that year to 171 students. Through personalized guidance during the school search process and support throughout their high school experience, IEA helps these scholars thrive academically and personally, fostering their growth and success.
This information is meant to be a general summary of Institute For Educational Advancement. 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: $59,141
- Program Service Revenue: $1,363,119
- Gross Receipts: $2,040,531
Assets and Liabilities:
- Total Assets: $8,881,278
- Total Liabilities: $100,289
- Net Assets: $8,780,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$908,463
TUITION AND FEES
Revenue
$454,656
Organization Details
Founding Year
1998
Phone
(626) 403-8900Principal Officer
Elizabeth D Jones
Main Address
569 SOUTH MARENGO AVENUE, PASADENA, CA, 91101
NTEE Category
Code: B90 - Education
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