What is the EIN of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED?

The employer identification number (EIN) of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED is 47-5567287.

When is the next return of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED due?

The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.

When did INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED last file with the IRS?

The latest return in the IRS public files is the 990 for the year ended June 2024.

Who is the principal officer of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED?

The 990 for the year ended June 30, 2024 names David Rank.

Who are the officers and directors of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED?

The 990 for the year ended June 30, 2024 lists 8 people; 3 received compensation from the organization, the highest $129,279 (Brad Schifko, CEO).

How much revenue does INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED have?

On its 990 for the year ended June 30, 2024 it reported revenue of $13,144,854, expenses of $8,852,594 and total assets of $8,140,479 at year end.

Nonprofit · EIN 47-5567287

INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED

Tax-exempt · CATASAQUA, PA 18032

Financials

Revenue Expenses · by fiscal year end

Financials of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED by year, from its e-filed returns
Year ended	Form	Revenue	Expenses	Net income	Total assets	Liabilities	Net assets
June 30, 2024	990	$13,144,854	$8,852,594	$4,292,260	$8,140,479	$698,248	$7,442,231
June 30, 2023	990	$9,589,274	$9,039,520	$549,754	$19,995,952	$16,845,981	$3,149,971

Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants: $0
Program service revenue: $13,099,147
Investment income: $45,707
Other revenue: $0

Expenses

Grants and similar amounts paid: $0
Compensation of officers, directors and key employees: $129,279
Other salaries and wages: $3,757,412
Salaries, compensation and benefits (total): $5,572,006
Professional fundraising fees: $0
Legal fees: $40,005
Accounting fees: $124,491
Occupancy: $494,189
Travel: $9,698
Depreciation: $297,917
Program services (functional): $5,367,815
Management and general (functional): $3,484,779

Balance sheet and other

Total assets, start of year: $19,995,952
Total assets, end of year: $8,140,479
Total liabilities, end of year: $698,248
Net assets, end of year: $7,442,231
Land, buildings and equipment: $1,071,340
Net assets without donor restrictions: $4,961,216
Net assets with donor restrictions: $2,481,015
Gross receipts: $13,144,854
Employees: 87
Volunteers: 5
Year formed: 2016
State of legal domicile: PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2024, highest compensation first.

Name	Title	Hours / week	Compensation
Brad Schifko	CEO Key employee, Highest-paid employee	40	$129,279
Rocco Seiler	Chief Operations Officer Highest-paid employee, Former	40	$125,953
Erik Malmberg	Director of Technology Highest-paid employee, Former	40	$125,701
David Rank	President Trustee or director	1	$0
Rob Sirmans	Treasurer Trustee or director	1	$0
Dan Schmidt	Secretary Trustee or director	1	$0
Bob Susko	Trustee Trustee or director	1	$0
Jason Nagle	TRustee Trustee or director	1	$0

990 for the year ended June 30, 2023: 7 people

Name	Title	Hours / week	Compensation
Brad Schifko	CEO Officer, Key employee, Highest-paid employee	40	$129,279
David Rank	President Trustee or director	1	$0
Danny Youssef	Secretary Trustee or director, Former	1	$0
Rob Sirmans	Treasurer Trustee or director	1	$0
Dan Schmidt	Secretary Trustee or director	1	$0
Bob Susko	Trustee Trustee or director	1	$0
Jason Nagle	TRustee Trustee or director	1	$0

Address and contacts

Address (IRS master file): 330 HOWERTOWN ROAD, CATASAQUA, PA 18032-1846
Principal officer (990 for 2023): David Rank, 330 Howertown Road, Catasaqua, PA 18032
Signed the 990: David J Rank, President
Phone: (610) 403-2787
Website: www.iaacslv.net
Return prepared by: ANTHONY REPICE

Mission

Innovative Arts Academy Charter School believes that the arts encourage the kind of creative and critical thinking that allows children to succeed in other academic work. The vision of the school is focused on
990 for the year ended June 30, 2024

Program accomplishments

Innovative Arts Academy Charter School is an indepdendent charter school with a primary purpose to provide education to grades 6 through 12 with unique support services to facilitate this goal
Expenses $5,367,815 · revenue $13,144,854

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax year	Year ended	Due	IRS public records
2025	June 30, 2026	November 16, 2026	Not due yet
2024	June 30, 2025	November 17, 2025	Not on file
2023	June 30, 2024	November 15, 2024	990 on file

IRS record

EIN: 47-5567287
Tax-exempt status: 501(c)(3): Charitable, religious, educational or scientific organization
Foundation status: School
Donations deductible (Pub 78): Public charity, 50% deduction limit
Exempt since: 2018
Accounting year ends: June
Files: Form 990 or 990-EZ
Category (NTEE): Education (B29)
Assets (IRS master file): $8,140,479
Income (IRS master file): $13,144,854

Filing history

Form	Year ended	Revenue	Expenses	Assets	Return
990	June 2024	$13,144,854	$8,852,594	$8,140,479	XML
990	June 2023	$9,589,274	$9,039,520	$19,995,952	XML
990	June 2022	$9,401,988	$8,260,138	$19,753,415	IRS
990	June 2021	–	–	–	IRS
990	June 2020	–	–	–	IRS
990	June 2019	–	–	–	IRS
990	June 2018	–	–	–	IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5567287).

Questions about INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED

What is the EIN of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED?: The employer identification number (EIN) of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED is 47-5567287.
Is INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED tax-exempt?: Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED tax-deductible?: Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED file?: Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED due?: The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED last file with the IRS?: The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED?: The 990 for the year ended June 30, 2024 names David Rank.
Who are the officers and directors of INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED?: The 990 for the year ended June 30, 2024 lists 8 people; 3 received compensation from the organization, the highest $129,279 (Brad Schifko, CEO).
How much revenue does INNOVATIVE ARTS ACADEMY CHARTER SCHOOL INCORPORATED have?: On its 990 for the year ended June 30, 2024 it reported revenue of $13,144,854, expenses of $8,852,594 and total assets of $8,140,479 at year end.