Nonprofit · EIN 68-0424624
INNOVATIVE EDUCATION MANAGEMENT INC
Tax-exempt · PLACERVILLE, CA 95667
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,311,953 | $5,859,470 | $2,452,483 | $13,960,528 | $408,262 | $13,552,266 |
| June 30, 2024 | 990 | $43,354,024 | $37,693,107 | $5,660,917 | $40,387,026 | $7,676,288 | $32,710,738 |
| June 30, 2023 | 990 | $32,039,127 | $29,847,879 | $2,191,248 | $33,566,516 | $6,516,695 | $27,049,821 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,940,510
- Investment income
- $371,443
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $316,718
- Other salaries and wages
- $2,077,278
- Salaries, compensation and benefits (total)
- $3,192,175
- Professional fundraising fees
- $0
- Legal fees
- $55,440
- Occupancy
- $164,028
- Program services (functional)
- $2,036,289
- Management and general (functional)
- $3,823,181
Balance sheet and other
- Total assets, start of year
- $40,387,026
- Total assets, end of year
- $13,960,528
- Total liabilities, end of year
- $408,262
- Net assets, end of year
- $13,552,266
- Land, buildings and equipment
- $375,501
- Net assets without donor restrictions
- $13,552,266
- Gross receipts
- $8,311,953
- Employees
- 40
- Year formed
- 1998
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK RATCLIFF | CBO Officer | 40 | $183,375 | $22,593 |
| Robert Lewis Jr | IT Director | 40 | $181,066 | $18,725 |
| Cortney Ray | Dir of Student inf | 40 | $146,934 | $30,258 |
| Trudy L O'Connell | Dir. of HR | 40 | $134,583 | $20,887 |
| John Wilberger | Facilities Dir | 40 | $129,267 | $23,280 |
| Matthew C Satterfield | IT Manager | 40 | $112,140 | $17,801 |
| Randy Gaschier | President Trustee or director, Officer | 40 | $85,250 | $0 |
| Larry Mandelberg | Chairman Trustee or director, Officer | 2 | $11,250 | $0 |
| Charles Ansbach | Member Trustee or director | 2 | $3,750 | $0 |
| Susan Clark | Secretary Trustee or director, Officer | 2 | $3,750 | $0 |
| Michael Yadon | Treasurer Trustee or director, Officer | 2 | $3,750 | $0 |
| Sharon Tobar | Member Trustee or director | 2 | $3,000 | $0 |
| JODI JONES | CEO Officer | 0 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John Wilberger | Facilities Dir | 40 | $155,453 | $30,392 |
| PATRICK RATCLIFF | Dir of accounti Officer | 40 | $161,989 | $20,945 |
| Cortney Ray | Dir of Student inf | 40 | $129,617 | $28,493 |
| Robert Lewis Jr | IT Director | 40 | $139,706 | $14,725 |
| Randy Gaschier | President Trustee or director, Officer | 40 | $108,850 | $0 |
| Larry Mandelberg | Chairman Trustee or director, Officer | 2 | $9,000 | $0 |
| Charles Ansbach | Member Trustee or director | 2 | $3,000 | $0 |
| Susan Clark | Secretary Trustee or director, Officer | 2 | $3,000 | $0 |
| Michael Yadon | Treasurer Trustee or director, Officer | 2 | $3,000 | $0 |
| JODI JONES | CEO Officer | 0 | $2,800 | $0 |
| Sharon Tobar | Member Trustee or director | 2 | $2,250 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN WILBERGER | DIR OF RISK Highest-paid employee | 40 | $138,440 | $25,385 |
| EUGENE LINGER | DIRECTOR OF Highest-paid employee | 40 | $117,642 | $26,997 |
| RANDY GASCHLER | PRESIDENT Officer | 40 | $124,867 | $1,500 |
| LARRY MANDELBERG | CHAIRMAN Officer | 2 | $11,250 | $0 |
| CHARLES ANSBACH | DIRECTOR Trustee or director | 2 | $3,000 | $0 |
| SUSAN CLARK | MEMBER Trustee or director | 2 | $3,000 | $0 |
| MIKE YADON | DIRECTOR Trustee or director | 2 | $3,000 | $0 |
| SHARON TOBAR | DIRECTOR Trustee or director | 2 | $2,250 | $0 |
| WAYNE GRIST | DIRECTOR Trustee or director | – | $0 | $0 |
| JODI JONES | CEO Officer | – | $0 | $0 |
| PATRICK RATCLIFF | CFO Officer | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4535 MISSOURI FLAT RD STE 1A, PLACERVILLE, CA 95667-6808
- In care of
- % RANDY GASCHLER
- Principal officer (990 for 2024)
- Randy Gaschier, 4535 MISSOURI FLAT ROAD 1A, PLACERVILLE, CA 95667
- Signed the 990
- Randy Gaschier, President
- Phone
- (530) 295-3566
- Website
- www.ieminc.org
- Return prepared by
- CWDL CPAs
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0424624 or by the name INNOVATIVE EDUCATION MANAGEMENT INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO DEVELOP NEW AND DIFFERENT WAYS TO INCORPORATE PARENTAL CHOICE INTO EDUCATIONAL PROCESS, WITH AN EMPHASIS ON THE USE OF COMPUTER TECHNOLOGY.
Program accomplishments
- DEVELOPING NEW AND DIFFERENT WAYS TO INCORPORATE PARENTAL CHOICE INTO THE EDUCATIONAL PROCESS WITH AN EMPHASIS ON PROVIDING THE MAXIMUM AMOUNT OF EDUCATIONAL OPPORTUNITIES POSSIBLE TO EVERY STUDENT. CHARTERS GRANTED TO IEM INCLUDE FOUR SCHOOLS.Expenses $2,036,289
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 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 68-0424624
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $13,960,528
- Income (IRS master file)
- $8,311,953
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,311,953 | $5,859,470 | $13,960,528 | IRS |
| 990 | June 2024 | $43,354,024 | $37,693,107 | $40,387,026 | XML |
| 990 | June 2023 | $32,039,127 | $29,847,879 | $33,566,516 | XML |
| 990 | June 2022 | $32,370,829 | $24,999,649 | $28,356,831 | 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 68-0424624).
Questions about INNOVATIVE EDUCATION MANAGEMENT INC
- What is the EIN of INNOVATIVE EDUCATION MANAGEMENT INC?
- The employer identification number (EIN) of INNOVATIVE EDUCATION MANAGEMENT INC is 68-0424624.
- Is INNOVATIVE EDUCATION MANAGEMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to INNOVATIVE EDUCATION MANAGEMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNOVATIVE EDUCATION MANAGEMENT INC 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 EDUCATION MANAGEMENT INC 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 EDUCATION MANAGEMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INNOVATIVE EDUCATION MANAGEMENT INC?
- The 990 for the year ended June 30, 2025 names Randy Gaschier.
- Who are the officers and directors of INNOVATIVE EDUCATION MANAGEMENT INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 12 received compensation from the organization, the highest $183,375 (PATRICK RATCLIFF, CBO).
- How much revenue does INNOVATIVE EDUCATION MANAGEMENT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,311,953, expenses of $5,859,470 and total assets of $13,960,528 at year end.
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