Nonprofit · EIN 81-3711344
IGNITE ACHIEVEMENT ACADEMY
Tax-exempt · INDIANAPOLIS, IN 46278
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $2,410,644 | $2,771,562 | -$360,918 | $751,594 | $309,447 | $442,147 |
| June 30, 2023 | 990 | $2,280,538 | $2,987,733 | -$707,195 | $1,164,812 | $127,027 | $1,037,785 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $2,392,996
- of which government grants
- $2,390,945
- Program service revenue
- $0
- Investment income
- $4,947
- Other revenue
- $12,701
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $129,930
- Other salaries and wages
- $855,528
- Salaries, compensation and benefits (total)
- $1,114,099
- Professional fundraising fees
- $0
- Legal fees
- $465
- Accounting fees
- $31,170
- Occupancy
- $217,695
- Travel
- $8,621
- Depreciation
- $208,780
- Program services (functional)
- $2,264,460
- Management and general (functional)
- $507,102
Balance sheet and other
- Total assets, start of year
- $1,164,812
- Total assets, end of year
- $751,594
- Total liabilities, end of year
- $309,447
- Net assets, end of year
- $442,147
- Land, buildings and equipment
- $426,553
- Net assets without donor restrictions
- $442,147
- Gross receipts
- $2,410,644
- Employees
- 22
- Volunteers
- 8
- Year formed
- 2016
- State of legal domicile
- IN
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 | Other / benefits |
|---|---|---|---|---|
| SHY-QUON ELY | HEAD OF SCHOOL Trustee or director, Officer | 40 | $106,450 | $7,656 |
| ALICIA RAMSEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TODD FINNELL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DELANO ROBINSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TERRI ANDERSON | MEMBER Trustee or director | 1 | $0 | $0 |
| ANGELA DABNEY | MEMBER Trustee or director | 1 | $0 | $0 |
| RAMON MORRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| AUTUMN SMITH | MEMBER Trustee or director | 1 | $0 | $0 |
| KELLEE WESTON | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHY-QUON ELY | HEAD OF SCHOOL Trustee or director, Officer | 40 | $123,758 | $17,001 |
| ANGELA DABNEY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DEMETREES HUTCHINS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALICIA RAMSEY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TODD FINNELL | MEMBER Trustee or director | 1 | $0 | $0 |
| RAMON MORRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| KELLEE WESTON | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7880 LAFAYETTE RD, INDIANAPOLIS, IN 46278-1509
- Principal officer (990 for 2023)
- SHY-QUON ELY II, 7880 LAFAYETTE RD, INDIANAPOLIS, IN 46278
- Signed the 990
- SHY-QUON ELY II, HEAD OF SCHOOL
- Phone
- (317) 643-5430
- Website
- WWW.THEGENIUSSCHOOLINDY.ORG
- 990-N for 2016 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Kim Ballin, 1002 W 25th Street, Indianapolis IN 46208. Mailing address: 1002 W 25th Street, Indianapolis IN 46208. Website: www.igniteindy.org
- Return prepared by
- DONOVAN PC
Mission
THE MISSION OF IAA IS TO PROVIDE THE COMMUNITY WITH AN ACCELERATED LEARNING INSTITUTION THAT PROPELS SCHOLARS ACADEMICALLY BY UTILIZING A HOLISTIC CURRICULUM BUILT UPON CULTURAL AND COMMUNITY RESPONSIVENESS, PROJECT-BASED LEARNING AND THE LEADING LITERACY, SOCIO-EMOTIONAL, AND NEUROSCIENTIFIC RESEARCH; THUS PROVIDING SCHOLARS RICH OPPORTUNITIES FOR ENRICHMENT, ACHIEVEMENT, AND INCREASING DEGREES OF IMPACT IN EVERY FIELD OF ENDEAVOR.
Program accomplishments
- THE GENIUS SCHOOL INDY EDUCATED APPROXIMATELY 130 STUDENTS IN THE 2023-24 SCHOOL YEAR. TGS PRFORMED AT THE TOP 15% OF THE AUTHORIZER'S PORTFOLIO OF SCHOOLS AND PARTICULALRY GIVEN SCHOOLS THAT SERVE A SIMIARLY SITUATED DEMOGRAPHIC.Expenses $2,264,460 · revenue $12,701
- THE GENIUS SCHOOL INDY HAS UNIQUE PROGRAMMING THAT SPEAKS TO A HOLISTIC APPROACH TO EDUCATION (ACADEMICS, PHYSICAL FITNESS, AND SOCIO-EMOTIONAL WELL-BEING). THROUGH OUR UNIQUE PROGRAMMING VIA MARTIAL ARTS AND MEDITATION, CHILDREN HAVE LEARNED THE SKILL AND VALUE OF A MEDITATIVE PRACTICE AND THE BENEFITS OF MARTIAL ARTS TRAINING AND DEVELOPMENT. WHILE ALL STUDENTS AT TGS MEDITATE (FOCUSED CONCENTRATION) AND LEARN GOAL SETTING AND CHARACTER DEVELOPMENT PRINCIPLES THROUGH THE PRACTICE AND PHILOSOPHY OF MARTIAL ARTS (RESPECT, PATIENCE, MODESTY, HONESTY, SELF-CONTROL, SELF-DISCIPLINE, FOCUS, BULLY PREVENTION, PHYSICAL FITNESS, ETC.), WE WERE ABLE TO TAKE OUR STUDENTS TO OUT-OF-STATE TOURNAMENTS AND NATIONAL COMPETITIONS - WHERE MANY OF OUR STUDENTS ALSO TRAVELING OUT OF STATE FOR THE FIRST TIME EARNED MEDALS AND HONORABLE MENTIONS.
- COMMUNITY OUTREACH EFFORTS CONTINUE AS WE SERVE MCKINNEY-VENTO FAMILIES THAT ARE EXPERIENCING HOMELESSNESS AS WELL WAS THOSE FAMILIES NOT DESIGNATED MCKINNEY-VENTO, YET ARE STILL IN NEED OF FOOD AND OTHER RESOURCES. WE ARE PROUD TO PROVIDE FOOD ON A MONTHLY BASIS AND MAKE IMPORTANT CONNECTIONS TO RESOURCES AROUND THE CITY DEPENDING ON NEED. THROUGH THESE EFFORTS, WE WERE ABLE TO SUPPORT OVER HALF OF OUR FAMILIES ENROLLED.
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
- 81-3711344
- 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
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $751,594
- Income (IRS master file)
- $2,410,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $2,410,644 | $2,771,562 | $751,594 | IRS |
| 990 | June 2023 | $2,280,538 | $2,987,733 | $1,164,812 | XML |
| 990 | June 2022 | $6,453,124 | $6,445,617 | $1,870,124 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Kim Ballin Filed under this EIN, most likely by a chapter or affiliate | June 30, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-3711344).
Questions about IGNITE ACHIEVEMENT ACADEMY
- What is the EIN of IGNITE ACHIEVEMENT ACADEMY?
- The employer identification number (EIN) of IGNITE ACHIEVEMENT ACADEMY is 81-3711344.
- Is IGNITE ACHIEVEMENT ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to IGNITE ACHIEVEMENT ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IGNITE ACHIEVEMENT ACADEMY 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 IGNITE ACHIEVEMENT ACADEMY 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 IGNITE ACHIEVEMENT ACADEMY 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 IGNITE ACHIEVEMENT ACADEMY?
- The 990 for the year ended June 30, 2024 names SHY-QUON ELY II.
- Who are the officers and directors of IGNITE ACHIEVEMENT ACADEMY?
- The 990 for the year ended June 30, 2024 lists 9 people; 1 received compensation from the organization, the highest $106,450 (SHY-QUON ELY, HEAD OF SCHOOL).
- How much revenue does IGNITE ACHIEVEMENT ACADEMY have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $2,410,644, expenses of $2,771,562 and total assets of $751,594 at year end.
Other nonprofits in INDIANAPOLIS
- BUTLER UNIVERSITY EIN 35-0867977 · last filed 990 for 2025
- UNIVERSITY OF INDIANAPOLIS EIN 35-0868107 · last filed 990 for 2025
- MARIAN UNIVERSITY EIN 35-0868175 · last filed 990 for 2025
- IU MEDICAL GROUP FOUNDATION INC EIN 20-1093251 · last filed 990 for 2025
- PROJECT LEAD THE WAY INC EIN 36-4802935 · last filed 990 for 2025
- THE MIND TRUST INC EIN 20-4560286 · last filed 990 for 2025
- PHALEN LEADERSHIP ACADEMIES INDIANA EIN 36-4729586 · last filed 990 for 2025
- GOODWILL EDUCATION INITIATIVES INC EIN 20-0749885 · last filed 990 for 2025