2024-11-11T16:27:18-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-01-01 954695698 INSTITUTE FOR EDUCATIONAL ADVANCEMENT INST 6264038900 569 SOUTH MARENGO AVENUE PASADENA CA 91101 DEBORAH MONROE PRESIDENT 6264038900 2024-11-07 1 1 CASIE ZWAHLEN CPA P02291311 6268577300 2024-11-07 2023 2024-10-15 13:58:12Z DEBORAH MONROE 569 SOUTH MARENGO AVENUE PASADENA CA 91101 2103782 0 X WWW.EDUCATIONALADVANCEMENT.ORG/ X 1998 CA DEDICATED TO SUPPORTING YOUNG INDIVIDUALS IN PURSUING THEIR FULL ACADEMIC AND PERSONAL POTENTIAL. 11 10 51 86 0 0 618271 604973 1363119 1406775 59141 80074 -3170 -23360 2037361 2068462 54843 88964 0 0 1304586 1474684 0 0 188398 833876 891224 2193305 2454872 -155944 -386410 8881278 8757459 100289 98864 8780989 8658595 X THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT (IEA) IS DEDICATED TO THE INTELLECTUAL, CREATIVE, AND PERSONAL GROWTH IN OUR NATION'S GIFTED AND HIGH POTENTIAL YOUTH. CENTRAL TO THE MISSION OF IEA IS A COMMITMENT TO THE DEVELOPMENT OF THE WHOLE CHILD THROUGH ENGAGING LEARNING EXPERIENCES THAT PROMOTE OPTIMAL CHALLENGE, MENTORSHIP, EXPLORATION OF IDEAS, AND RECOGNITION OF PERSONAL POTENTIAL. IEA SEEKS TO CONNECT LIKE-MINDED INDIVIDUALS AND SUPPORTS A DIVERSE COMMUNITY THAT CREATES A SENSE OF BELONGING AND AFFIRMATION. 0 0 963617 0 871475 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 2023, IEA NAMED 27 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 IN 2023 TO 138 STUDENTS. 724261 73164 369115 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. OVER 400 STUDENTS ATTENDED ACADEMY CLASSES IN 2023. 344946 15800 166185 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. IEA SERVED 106 GIFTED YOUTH AGES 10-17 THROUGH THE PROGRAM THIS YEAR. 2032824 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 20 0 1 51 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X CARLOS ZUNIGA 6264038900 569 S MARENGO AVE PASADENA CA 91101 ELIZABETH D JONES PRESIDENT 40.00 X X 257000 0 24901 BYRON LICHTENSTEIN CHAIRMAN 1.00 X X 0 0 0 MICHAEL W GREBE SECRETARY 1.00 X X 0 0 0 ALEXANDRA RUSSELL VICE CHAIRMAN 1.00 X X 0 0 0 SOPHIA B BARRON DIRECTOR 1.00 X 0 0 0 HAP DENEEN DIRECTOR 1.00 X 0 0 0 JEFFREY HUDSON DIRECTOR 1.00 X 0 0 0 CHRIS NEWMAN DIRECTOR 1.00 X 0 0 0 ROBERT BOB REPPA DIRECTOR 1.00 X 0 0 0 CHARLES SHANNON DIRECTOR 1.00 X 0 0 0 JONATHAN SHINTAKU DIRECTOR 1.00 X 0 0 0 Z ROSE IBANEZ TREASURER 40.00 X 100248 0 17355 357248 0 42256 1 0 1 0 0 17429 587544 9654 604973 CONTRACTS 900099 896607 896607 TUITION AND FEES 900099 510168 510168 1406775 80074 80074 11960 17429 35320 -23360 -23360 2068462 1406775 0 56714 X 88964 88964 399504 341913 44257 13334 957376 815925 40403 101048 117804 109512 8292 27930 27930 18673 18673 321185 229974 68893 22318 8063 4855 703 2505 62286 51844 2627 7815 156774 135264 9504 12006 25030 17146 3503 4381 189808 174195 5745 9868 5328 4877 451 53047 44826 3653 4568 9439 6461 1323 1655 EQUIPMENT LEASE/PURCHAS 4861 3779 697 385 8800 3289 5288 223 2454872 2032824 233650 188398 582463 587985 2316309 1615100 31891 7554 0 431868 13614 7382 3855211 655484 3195061 3199727 2602928 2907843 139012 0 8881278 8757459 88107 96159 12182 2705 100289 98864 X 4581476 4432296 4199513 4226299 8780989 8658595 8881278 8757459 -386410 264016 0 X X 0 1 X 1 0 X 214308 1244821 820257 618271 604973 3502630 214308 1244821 820257 618271 604973 3502630 849092 2653538 61612 46142 50111 59141 80074 297080 3799710 2769894 0.69840 0.66970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2277643 2277643 1127755 224750 903005 449813 430734 19079 3199727 2907843 F 2907843 OPERATING LEASE 2705 2705 X 2278834 264016 35320 299336 1979498 88964 88964 2068462 2401228 35320 35320 2365908 88964 88964 2454872 PART X, LINE 2: IEA IS A NONPROFIT PUBLIC BENEFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE INSTITUTE ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES TO SOFE 35,320. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID TO SOFE 88,964. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES TO SOFE 35,320. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID MOVED TO SOA 88,964. 25TH ANNIVERSARY GALA 29389 17429 11960 7705 7705 19910 29389 17429 11960 7705 7705 19910 35320 -23360 1 FINANCIAL AID 82 88964 PART I, LINE 2: THE PROCESS FOR FINANCIAL AID AWARDS IS: A) FAMILIES ARE SELECTED TO PARTICIPATE IN PROGRAMS (OUR SELECTION IS NEED-BLIND). B) AFTER BEING APPROVED TO PARTICIPATE IN AN IEA PROGRAM, FAMILIES IN NEED OF FINANCIAL ASSISTANCE MUST APPLY FOR AID BY SUBMITTING A LETTER OF NEED AND SUPPORTING DOCUMENTATION, SUCH AS TAX RETURNS OR W2S. C) AWARDS ARE GIVEN BASED ON FAMILIES' ABILITY TO PAY, DEMONSTRATED NEED, AND FUNDS AVAILABLE. X X X X X 0 0 0 0 0 0 0 0 0 ELIZABETH D JONES PRESIDENT 245000 0 12000 0 0 0 7321 0 17580 0 281901 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 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. FORM 990, PART VI, SECTION B, LINE 12C 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. FORM 990, PART VI, SECTION B, LINE 15 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. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 91,242. MANAGEMENT AND GENERAL EXPENSES 56,845. FUNDRAISING EXPENSES 8,284. TOTAL EXPENSES 156,371. ADP LEASE EMPLOYEE FEES: PROGRAM SERVICE EXPENSES 138,732. MANAGEMENT AND GENERAL EXPENSES 12,048. FUNDRAISING EXPENSES 14,034. TOTAL EXPENSES 164,814. FORM 990, PART XII, LINE 2C NO CHANGES FROM PREVIOUS YEAR. CAROLINE D BRADLEY ASSOCIATION OF SCHOLARS 569 S MARENGO AVENUE PASADENA CA 91101 474625250 SUPPORTING INSTITUTE FOR EDUCATIONAL ADVANCEMENT CA 501(C)(3) LINE 12A, I INSTITUTE FOR EDUCATIONAL ADVANCEMENT 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 CAROLINE D BRADLEY ASSOCIATION OF SCHOLARS Q 871475 COST OF SERVICES PROVIDED