Nonprofit · EIN 95-4695698
THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT
Tax-exempt · PASADENA, CA 91101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,821,392 | $3,149,785 | -$328,393 | $8,709,605 | $175,125 | $8,534,480 |
| December 31, 2023 | 990 | $2,068,462 | $2,454,872 | -$386,410 | $8,757,459 | $98,864 | $8,658,595 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $745,678
- Program service revenue
- $1,932,756
- Investment income
- $137,188
- Royalties
- $3,000
- Net gain from sales of assets
- $3,610
- Net income from gaming
- -$331
- Other revenue
- $5,770
Expenses
- Grants and similar amounts paid
- $156,126
- Compensation of officers, directors and key employees
- $535,150
- Other salaries and wages
- $692,808
- Salaries, compensation and benefits (total)
- $1,703,755
- Professional fundraising fees
- $0
- Legal fees
- $39,225
- Accounting fees
- $65,104
- Occupancy
- $56,088
- Travel
- $234,702
- Depreciation
- $48,107
- Program services (functional)
- $2,558,359
- Management and general (functional)
- $411,466
- Fundraising (functional)
- $179,960
Balance sheet and other
- Total assets, start of year
- $8,757,459
- Total assets, end of year
- $8,709,605
- Total liabilities, end of year
- $175,125
- Net assets, end of year
- $8,534,480
- Land, buildings and equipment
- $3,211,133
- Net assets without donor restrictions
- $4,368,133
- Net assets with donor restrictions
- $4,166,347
- Gross receipts
- $3,819,728
- Employees
- 54
- Volunteers
- 69
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH D JONES | PRESIDENT EMERITUS, SENIOR ADVISOR Trustee or director, Officer | 40 | $296,817 | $30,574 |
| DEBORAH K MONROE START 924 | PRESIDENT Trustee or director, Officer | 40 | $98,902 | $66 |
| CHERYL BRIER START 524 | ASSISTANT SECRETARY Trustee or director, Officer | 40 | $73,960 | $16,744 |
| ZADRA IBANEZ END524 | TREASURER Officer | 40 | $17,560 | $527 |
| BYRON LICHTENSTEIN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES SHANNON START 524 | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL W GREBE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS NEWMAN | FINANCE COMMITTEE HEAD Trustee or director | 1 | $0 | $0 |
| SOPHIA B BARRON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAP DENEEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY HUDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN PRIEST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT BOB REPPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN SHINTAKU | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH D JONES | PRESIDENT Trustee or director, Officer | 40 | $257,000 | $24,901 |
| Z ROSE IBANEZ | TREASURER Officer | 40 | $100,248 | $17,355 |
| BYRON LICHTENSTEIN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL W GREBE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALEXANDRA RUSSELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| SOPHIA B BARRON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HAP DENEEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY HUDSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS NEWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT BOB REPPA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES SHANNON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JONATHAN SHINTAKU | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 569 S MARENGO AVE, PASADENA, CA 91101-3114
- In care of
- % ELIZABETH JONES STORK
- Principal officer (990 for 2024)
- DEBORAH MONROE, 569 SOUTH MARENGO AVENUE, PASADENA, CA 91101
- Signed the 990
- DEBORAH MONROE, PRESIDENT
- Phone
- (626) 403-8900
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4695698 or by the name THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT.
- 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
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.
Program accomplishments
- 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.Expenses $1,418,532 · grants $79,281 · revenue $1,268,325
- 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.Expenses $503,112 · grants $56,607 · revenue $385,215
- 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.Expenses $336,745 · grants $20,238 · revenue $185,261
- 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+.Expenses $299,970 · revenue $93,955
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4695698
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $8,709,605
- Income (IRS master file)
- $3,819,728
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,821,392 | $3,149,785 | $8,709,605 | XML |
| 990 | December 2023 | $2,068,462 | $2,454,872 | $8,757,459 | XML |
| 990 | December 2022 | $2,037,361 | $2,193,305 | $8,881,278 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 95-4695698).
Questions about THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT
- What is the EIN of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT?
- The employer identification number (EIN) of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT is 95-4695698.
- Is THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT 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 THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT?
- The 990 for the year ended December 31, 2024 names DEBORAH MONROE.
- Who are the officers and directors of THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT?
- The 990 for the year ended December 31, 2024 lists 14 people; 4 received compensation from the organization, the highest $296,817 (ELIZABETH D JONES, PRESIDENT EMERITUS, SENIOR ADVISOR).
- How much revenue does THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,821,392, expenses of $3,149,785 and total assets of $8,709,605 at year end.
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