Institute for Educational Advancement

“Form 990 is prepared by independent accountant. Form 990 was reviewed and approved by the audit committee, consisting of three board members, before filing. The organization emailed each member of the governing body the organization's final form 990 prior to its filing with the irs.”

“The institute's board of directors has a conflict of interest policy to ensure that board actions are free from any actual or appearance of conflict of interest. The board chair shall determine whether an actual conflict of interest exists. A director who is involved in a potential conflict of interest is not allowed to vote on any matters related to the conflict of interest.”

“The compensation committee, a subset of the iea board of directors, has general oversight of the organization's human resource plan. The committee meets independent of the president to discuss performance relative to the position description and the established goals. Comparable salary surveys are reviewed at a minimum of every three years to benchmark compensation for the position. The committee presents its findings and recommendations, in an executive session, without the president present, to the board for review and approval. The committee and/or the board chair then meet with the president to discuss and document strengths, weaknesses, and goals for the upcoming year. The process described here was last completed in 2022.”

“The organization's governing documents, conflict of interest policy, form 990 and financial statements are available to the public upon request.”

“The caroline d. Bradley (cdb) scholarship is a highly selective scholarship opportunity that identifies exceptionally gifted middle school students and rewards them with a four-year scholarship to a high school that best fits their intellectual and personal needs. As part of the scholarship, iea offers personalized guidance during the school search process and guidance throughout the scholar's high school experience. In 2024, iea named 26 new caroline d. Bradley scholars, who will receive four-year, full-tuition scholarships to the high schools that best fit their personal and academic needs. These scholars joined the current cohort of students, bringing the total number of scholarships awarded to 191 students.”

“The iea academy program provides students in kindergarten through 8th grade with advanced enrichment classes that promote exploration and application of knowledge. Courses provide compelling content and appropriate challenges taught at a flexible pace with small classes by highly qualified, dedicated professionals. Due to covid 19, iea added programming in a virtual format, which also allowed the program to serve students nationally. In 2024, academy filled 825 seats.”

“Yunasa summer camps for gifted youth provide exceptionally capable middle school students with a week-long residential summer experience. The program is designed to serve highly-gifted youngsters ages 10 to 14 who are engaged in a middle school curriculum. Yunasa teaches participants to balance their intellectual gifts with their emotional, social, spiritual and physical development through self reflection and personal application. Yunasa also offers an emerging leader program for returning campers ages 15 and 16 and a counselor-in-training experience for its 16 and 17 year old veterans. In 2024, yunasa filled 135 seats of gifted youth ages 10-17.”

“Consultants: program service expenses 57,116. Management and general expenses 77,468. Fundraising expenses 74. Total expenses 134,658. Adp lease employee fees: program service expenses 157,724. Management and general expenses 15,971. Fundraising expenses 15,921. Total expenses 189,616.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”