2025-09-23T16:01:46-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-01-01 954695698 INSTITUTE FOR EDUCATIONAL ADVANCEMENT INST 6264038900 569 SOUTH MARENGO AVENUE PASADENA CA 91101 DEBORAH MONROE PRESIDENT 6264038900 2025-09-23 1 1 CASIE ZWAHLEN CPA P02291311 9099857286 2025-09-23 2024 2025-03-06 01:10:19Z DEBORAH MONROE 569 SOUTH MARENGO AVENUE PASADENA CA 91101 3819728 0 X WWW.EDUCATIONALADVANCEMENT.ORG/ X 1998 CA DEDICATED TO SUPPORTING YOUNG INDIVIDUALS IN PURSUING THEIR FULL ACADEMIC AND PERSONAL POTENTIAL. 13 10 54 69 0 0 604973 745678 1406775 1932756 80074 137188 -23360 5770 2068462 2821392 88964 156126 0 0 1474684 1703755 0 0 179960 891224 1289904 2454872 3149785 -386410 -328393 8757459 8709605 98864 175125 8658595 8534480 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 1418532 79281 1268325 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. 503112 56607 385215 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. 336745 20238 185261 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. 299970 0 93955 EXTERNSHIPS PROVIDING LEADERSHIP OPPORTUNITIES IN RESEARCH AND EDUCATION (EXPLORE) INCLUDES ALL OF IEA'S EDUCATIONAL ENRICHMENT OPPORTUNITIES FOR GIFTED AND ADVANCED HIGH SCHOOL STUDENTS. IN 2024, EXPLORE FILLED 41 SEATS OF GIFTED YOUTH AGES 16+. 299970 0 93955 2558359 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 18 0 1 54 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 CA X X CARLOS ZUNIGA 6264038900 569 S MARENGO AVE PASADENA CA 91101 ELIZABETH D JONES PRESIDENT EMERITUS, SENIOR ADVISOR 40.00 1.00 X X 296817 0 30574 DEBORAH K MONROE START 924 PRESIDENT 40.00 1.00 X X 98902 0 66 CHERYL BRIER START 524 ASSISTANT SECRETARY 40.00 1.00 X X 73960 0 16744 ZADRA IBANEZ END524 TREASURER 40.00 1.00 X 17560 0 527 BYRON LICHTENSTEIN CHAIRMAN 1.00 1.00 X X 0 0 0 CHARLES SHANNON START 524 TREASURER 1.00 1.00 X X 0 0 0 MICHAEL W GREBE SECRETARY 1.00 1.00 X X 0 0 0 CHRIS NEWMAN FINANCE COMMITTEE HEAD 1.00 1.00 X 0 0 0 SOPHIA B BARRON DIRECTOR 1.00 1.00 X 0 0 0 HAP DENEEN DIRECTOR 1.00 1.00 X 0 0 0 JEFFREY HUDSON DIRECTOR 1.00 1.00 X 0 0 0 DAN PRIEST DIRECTOR 1.00 1.00 X 0 0 0 ROBERT BOB REPPA DIRECTOR 1.00 1.00 X 0 0 0 JONATHAN SHINTAKU DIRECTOR 1.00 1.00 X 0 0 0 487239 0 47911 1 0 1 0 0 745678 745678 CONTRACTS 900099 1166700 1166700 TUITION AND FEES 900099 766056 766056 1932756 133578 133578 3000 3000 1000000 996390 3610 3610 3610 1615 1946 -331 -331 OTHER INCOME 900099 3101 3101 3101 2821392 1932756 0 142958 X 156126 156126 535150 450137 41353 43660 692808 543658 61594 87556 20207 16179 1682 2346 114530 108371 2704 3455 341060 314754 24322 1984 39225 39225 65104 3006 62098 21095 21095 324274 214840 93439 15995 15732 14567 571 594 65935 53352 9848 2735 138207 101771 28141 8295 56088 47758 3419 4911 234702 227327 6847 528 242854 240067 1625 1162 1232 1032 97 103 48107 40069 3932 4106 21507 18216 1604 1687 BAD DEBT 5364 5364 EQUIPMENT LEASE/PURCHAS 3746 2252 953 541 PROFESSIONAL DUES AND M 3253 2697 447 109 EMPLOYEE DEVELOPMENT 1481 1207 182 92 1998 973 924 101 3149785 2558359 411466 179960 587985 671470 1615100 1114838 7554 39670 431868 241992 7382 238487 3910563 699430 3199727 3211133 2907843 3172246 0 19769 8757459 8709605 96159 156044 2705 19081 98864 175125 X 4432296 4368133 4226299 4166347 8658595 8534480 8757459 8709605 -328393 204278 0 X X 0 1 X 1 0 X 1244821 820257 618271 604973 745678 4034000 1244821 820257 618271 604973 745678 4034000 1121330 2912670 46142 50111 59141 80074 136578 372046 3101 3101 4409147 4702650 0.66060 0.69840 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SALES - 2024 AMOUNT: $ 3,101. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2277643 2277643 1177460 257047 920413 455460 442383 13077 3211133 3172246 F 3172246 OPERATING LEASE 19081 19081 X 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. 1 FINANCIAL AID 139 156126 N/A N/A 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 0 0 0 0 0 0 0 0 0 ELIZABETH D JONES PRESIDENT EMERITUS, SENIOR ADVISOR 296817 0 0 0 0 0 8239 0 22335 0 327391 0 0 0 FORM 990, PART III, LINE 4A 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. FORM 990, PART III, LINE 4B 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. FORM 990, PART III, LINE 4C 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. FORM 990, PART VI, SECTION B, LINE 11B 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. FORM 990, PART VI, SECTION B, LINE 12 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 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. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR 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 1 0 0 1 0 1 0 0 CAROLINE D BRADLEY ASSOCIATION OF SCHOLARS Q 1105000 COST OF SERVICES PROVIDED