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The Innovation Academy Inc

Granville T Woods Academy Of Innovation

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

EIN: 465120132 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is The Innovation Academy Inc?

The Innovation Academy Inc, with its operational address in Memphis, Tennessee, is a dedicated nonprofit organization. Their primary mission is to foster opportunities for children and families in the community by designing, implementing, and integrating quality educational experiences, career awareness, and support services. This collaboration aims to promote academic success, family preservation, and community prosperity. The organization, also known as Granville T. Woods Academy of Innovation, employs a team of 71 individuals, working tirelessly to contribute to the growth and well-being of their local population.


Official website here: www.gtwacademy.com

Is The Innovation Academy Inc legitimate?

The Innovation Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Innovation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $233,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,597,227

For more financial information, click here


Official website here: www.gtwacademy.com

What is the mission statement of The Innovation Academy Inc?

The Innovation Academy Inc's mission is centered around creating, enhancing, and sustaining opportunities for children and families. By collaboratively designing, implementing, and integrating quality educational experiences, career awareness, and support services, they aim to foster academic success, family preservation, and community prosperity. This organization is dedicated to empowering individuals, ultimately contributing to their overall well-being and the betterment of the community.


Official website here: www.gtwacademy.com

Who is the CEO of The Innovation Academy Inc?

Venita Martin-Andrews is the Director Of School Finance of The Innovation Academy Inc.


Official website here: www.gtwacademy.com

What is the revenue of The Innovation Academy Inc?

The Innovation Academy Inc's revenue in 2023 was $5,810,336.


Official website here: www.gtwacademy.com

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

The average compensation at The Innovation Academy Inc during 2023 was $39,863. There are 71 employees and 20 volunteers at The Innovation Academy Inc.

Here are 9 key members and their salaries:

    Pamela M Brown (Executive Director)
  • Compensation: $137,526
  • Related: $0
  • Other: $0

    • Venita Martin-Andrews (Director Of School Finance)
  • Compensation: $71,052
  • Related: $0
  • Other: $0

    • Effie Jenkins-Smith (Chief Academic Officer)
  • Compensation: $24,445
  • Related: $0
  • Other: $0

    • Nicole Taylor (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Octavia Brownridge (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wiley Brown Cpa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Bill Adkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Charles Ingram (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Manning (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gtwacademy.com

    Where can I find the form 990 for The Innovation Academy Inc?

    The The Innovation Academy Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.gtwacademy.com

    Learn more at the official website: www.gtwacademy.com

    Mission Statement of The Innovation Academy Inc

    The Innovation Academy Inc is dedicated to creating, enhancing, and sustaining opportunities for the children and families of a specific city, primarily focusing on Memphis. Through a collaborative approach, this nonprofit organization designs, implements, and integrates quality educational experiences, career awareness, and support services. The ultimate goal is to foster academic success, preserve families, and promote community prosperity. By providing these comprehensive services, The Innovation Academy Inc aims to empower the children and families it serves, contributing to their overall growth and well-being.

    Impact

    This information is meant to be a general summary of The Innovation Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Innovation Academy Inc's impact is evident in its dedication to creating, enhancing, and sustaining opportunities for the children and families of Memphis. Through collaborative efforts in designing, implementing, and integrating quality educational experiences, career awareness, and support services, this organization leads to academic success, family preservation, and community prosperity. Their work directly impacts the lives of individuals in Memphis by providing crucial resources and support to foster positive growth and development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $7,436
  • Gross Receipts: $5,810,336

    • Assets and Liabilities:
  • Total Assets: $4,223,561
  • Total Liabilities: $1,263,885
  • Net Assets: $2,959,676
  • Programs

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

    EDUCATION CHARGES

    Revenue

    $7,436

    Organization Details

    Founding Year

    2014

    Principal Officer

    Venita Martin-Andrews

    Main Address

    3824 AUSTIN PEAY HIGHWAY, MEMPHIS, TN, 38128

    NTEE Category

    Code: B29 - Education

    If you are a representative of The Innovation Academy 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.