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Island Academy Inc

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

EIN: 980379620 ✦ Roswell, GA ✦ Designated as a 501(c)(3)

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Overview

What is Island Academy Inc?

Island Academy Inc is a renowned nonprofit institution situated in Roswell, Georgia. It specializes in primary and secondary education, catering to over 290 students from over 20 diverse nations and 12 distinct languages. The academy boasts a diverse student body, hailing from various socio-economic backgrounds. Its primary focus is providing a world-class education, aiming to equip students with the necessary skills to thrive both academically and socially in the global community. This is achieved through an International Baccalaureate program, a globally recognized curriculum. The academy's administrative address is "c/o Stolworthy 2870 Tynewick Drive, Roswell, GA, 30075."

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.

Island Academy Inc has earned a strong reputation with a Four-Star rating from Charity Navigator, based entirely on its impressive accountability and finance metrics. The organization demonstrates a commitment to transparency and responsible financial practices, as evidenced by its perfect scores in various categories, including independent board member governance and conflict of interest policies.

The organization boasts a high program expense ratio of 90.45%, indicating that a significant portion of its funds directly support its mission. Additionally, the charity maintains a low liabilities-to-assets ratio of 6.51%, showcasing its solid financial health and ability to manage resources effectively. The presence of comprehensive audit and oversight measures further reinforces its credibility.

While the organization excels in accountability and finance, the summary does not provide insights into its programmatic impact or community feedback. Potential donors and supporters may wish to seek additional information regarding the effectiveness of its programs and the communities it serves to gain a fuller picture of its overall performance.


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

Is Island Academy Inc legitimate?

Island Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,079,269

For more financial information, click here

What is the mission statement of Island Academy Inc?

Island Academy Inc's mission is centered around providing a top-notch education to its diverse student body. This education is designed to equip students with the necessary skills to thrive both academically and socially in the global community. The academy serves over 290 students, representing more than 20 nations and 12 different languages, hailing from various socio-economic backgrounds. By offering an International Baccalaureate program, Island Academy Inc aims to foster a global perspective in its students.

Who is the CEO of Island Academy Inc?

Bernadette Sherman is the Chairman/Treasurer of Island Academy Inc.

What is the revenue of Island Academy Inc?

Island Academy Inc's revenue in 2023 was $3,389,545.

Who are the executives of Island Academy Inc and what are their salaries?

There 8 volunteers at Island Academy Inc.


Here are 8 key members and their salaries:


Paul Sudolski (Chairman/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Holder (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Sherman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Cort-Thibou (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Hamilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Schear (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dyan Harney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Lowes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Island Academy Inc?

Island Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Island Academy Inc

Island Academy Inc, a renowned educational institution, is dedicated to providing a top-notch education that equips its diverse student body with the necessary skills to thrive both academically and socially in the global community. This mission is achieved through a world-class curriculum that caters to students hailing from over 20 different nations and speaking 12 different languages. The academy's student body is a melting pot of various socio-economic backgrounds, fostering an environment of cultural exchange and unity. By offering an International Baccalaureate program, Island Academy Inc prepares its students for the complexities of a globalized world, ensuring they emerge as well-rounded individuals capable of making a positive impact.

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Impact




July, 2024

Island Academy Inc's impact lies in providing a world-class education to over 290 students from diverse backgrounds, including over 20 different nations and 12 languages. The school's focus on academic and social development prepares students to succeed in the global community. By offering a primary and secondary education with an International Baccalaureate program, Island Academy Inc contributes to shaping well-rounded individuals who are equipped to thrive in an interconnected world.




This information is meant to be a general summary of Island Academy 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
$3,389,545 (2023)
Expenses
$2,691,017 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $327
  • Program Service Revenue: $2,259,051
  • Gross Receipts: $3,389,545

Assets and Liabilities:

  • Total Assets: $5,698,760
  • Total Liabilities: $370,991
  • Net Assets: $5,327,769

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition and Registration Fees

Revenue

$2,156,047

Services

Revenue

$44,119

Bus Income

Revenue

$26,682

After School Activities

Revenue

$23,819

Miscellaneous

Revenue

$8,384

Organization Details

Founding Year

2001

Principal Officer

Bernadette Sherman

Main Address

c/o Stolworthy 2870 Tynewick Drive, Roswell, GA, 30075

NTEE Category

Code: B20 - Education

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