2026-01-15T14:27:25-06:00 2025-06-30 934792291 SORREN INC 1120 S RACKHAM WAY SUITE 100 MERIDIAN ID 83642 990 2024-07-01 841751848 INNOVATE ACADEMY & PREPARATORY SCHOOL CORP INNO 2088594254 3467 W FLINT DRIVE EAGLE ID 83616 SHAUNA PATRICK DIRECTOR 2088594254 2026-01-15 1 1 MARGARET FLOWERS P00748716 2083338965 2026-01-15 2024 2025-03-06 01:10:19Z SHAUNA PATRICK 3467 W FLINT DRIVE EAGLE ID 83616 2370809 0 X WWW.INNOVATEACADEMYPREP.COM X 2019 ID TO OFFER A CHALLENGING AND DIVERSE CURRICULUM IN A TIGHT KNIT CULTURE TO FOSTER A PASSION FOR LEARNING AND EQUIP STUDENTS WITH THE TOOLS NECESSARY TO BECOME SUCCESSFUL, WELL-ROUNDED ADULTS. 5 5 52 20 0 0 196809 394142 2387912 1951360 -1919 396 30423 4964 2613225 2350862 28625 34685 0 0 2293467 1708339 0 0 17311 1087333 871850 3409425 2614874 -796200 -264012 2571763 2373688 3196682 3262619 -624919 -888931 TO OFFER A CHALLENGING AND DIVERSE CURRICULUM IN A TIGHT KNIT CULTURE TO FOSTER A PASSION FOR LEARNING AND EQUIP STUDENTS WITH THE TOOLS NECESSARY TO BECOME SUCCESSFUL, WELL-ROUNDED ADULTS. 0 0 2180477 34685 1959733 EDUCATION FOR PRE-SCHOOL THROUGH 8TH GRADE. 2180477 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 52 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X SHAUNA PATRICK 2088594254 3467 W FLINT DRIVE EAGLE ID 83616 SHAUNA PATRICK BOARD MEMBER/ACCOUNTING OVERSIGHT 5.00 X X 12000 0 0 ALLY DUMERTON BOARD MEMBER 7.00 X 0 0 0 MEGAN STEPHENS BOARD MEMBER 10.00 X 0 0 0 APRIL DILLON BOARD MEMBER 3.00 X 0 0 0 CAMERON DAHL BOARD MEMBER 10.00 X 0 0 0 JOHN ELDRIDGE BOARD MEMBER/LEADERSHIP COUNCIL 5.00 X 0 0 0 SHELLEY TSAO BOARD MEMBER 10.00 X 0 0 0 GERILYN GILLESPY HEADMASTER 40.00 X 81189 0 0 93189 0 0 0 0 0 0 0 394142 394142 TUITION AND FEES 611600 1951360 1951360 1951360 396 396 16538 19947 -3409 -3409 POINTS INCOME 611600 3319 3319 SPIRIT WEAR 611600 2746 2746 LUNCH INCOME 611600 2308 2308 8373 2350862 1959733 0 -3013 34685 34685 35726 31439 3930 357 1444477 1271140 158893 14444 103938 91465 11433 1040 124198 109295 13661 1242 5169 5169 109296 87437 21859 36669 36669 33242 33242 23658 23658 470384 380072 90312 3662 3662 4671 4671 52000 9630 42260 110 SUPPLIES 45181 45181 STUDENT ENRICHMENT 40765 40765 OWNERS ASSOCIATION DUES 24654 24654 OTHER 15792 12334 3340 118 6707 6707 2614874 2180477 417086 17311 186250 147143 188277 51498 25985 8366 500 39329 38930 32896 10427 27140 22469 2104782 2104782 2571763 2373688 176762 90419 580469 277101 150000 690060 2289451 2205039 3196682 3262619 X -624919 -888931 -624919 -888931 2571763 2373688 -264012 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9254 1182 8072 23642 9245 14397 22469 OPERATING LEASE ROU ASSET 2104682 SECURITY DEPOSIT-MISSION DR 100 2104782 OPERATING LEASE LIABILITY 2180985 FLOOD CLAIM 24054 2205039 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 COFFEE FUNDRAISER 10337 10337 6195 11 6201 6201 13752 16538 16538 19947 19947 -3409 0 SCHOLARSHIP 8 34685 MEGAN STEPHENS BOARD MEMBER TO COVER AN OPERATIONS SHORTFALL X 340000 340000 0 1 1 APRIL DILLON BOARD MEMBER TO COVER AN OPERATIONS SHORTFALL X 200060 200060 0 1 1 MATHEW HAWKINS BOARD MEMBER TO COVER AN OPERATIONS SHORTFALL X 150000 150000 0 1 1 690060 FORM 990, PART VI, SECTION A, LINE 6 CONDITIONS OF MEMBERSHIP AND PROCEDURES FOR THE SUSPENSION OR TERMINATION OF A MEMBERSHIP BY THE CORPORATION MAY BE ESTABLISHED FROM TIME TO TIME BY THE BOARD OF DIRECTORS AND RECORDED IN THE MINUTES OF THE MEETINGS OF THE BOARD OF DIRECTORS. ALL MEMBERS SHALL HAVE THE RIGHT TO VOTE AT ALL MEETINGS, PROVIDED SUCH MEMBER IS NOT IN VIOLATION OF THE RULES PROMULGATED BY THE BOARD OF DIRECTORS FROM TIME-TO-TIME AND IS CURRENT ON PAYING THEIR DUES. ANY MEMBER IN DEFAULT OF PAYMENT OF DUES FOR A PERIOD OF THIRTY (30) DAYS IS NO LONGER IN GOOD STANDING AND SHALL AUTOMATICALLY FORFEIT ITS RIGHT TO VOTE ON ANY MATTER, AND, IF APPLICABLE, THE REPRESENTATIVE OF SUCH MEMBER SHALL IMMEDIATELY BE RELIEVED OF ALL COMMITTEE ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 7A AT THE FIRST ORGANIZATION MEETING OF MEMBERS, THE MEMBERS SHALL ELECT THE INITIAL NINE (9) DIRECTORS TO HOLD OFFICE UNTIL THE FIFTH ANNUAL MEETING OF MEMBERS, AND THE BOARD OF DIRECTORS SHALL BE ELECTED IN A LIKE MANNER EVERY FIVE (5) YEARS THEREAFTER. DIRECTORS NEED NOT BE MEMBERS OF THE CORPORATION, NOR DO DIRECTORS NEED TO BE RESIDENTS OF THE STATE OF IDAHO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS CURRENTLY NOT BEING MADE AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY,HAS READ AND UNDERSTANDS THE POLICY,HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINED THE HEADMASTER'S COMPENSATION BASED ON MARKET RATES IN THE AREA/EXPERIENCE SHE HAD AND WORK LOAD EXPECTED. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE ON THE IRS NON-PROFIT WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 NOT CURRENTLY MADE AVAILABLE TO THE PUBLIC