CSCharityScored
45

The Innovation Academy Inc

Education · Memphis, Tennessee

3034 Old Austin Peay Hwy, Memphis, TN 38128-5649

EIN: 465120132· Founded: Jul 2014· 12 years active· Filing Year: 2024

Annual Revenue

$6.9M

Total Expenses

$6.0M

Total Assets

$4.7M

Program Spending

0%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$358K

5.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.9M

Total Payroll

$3.3M

55% of total expenses

Where the Money Goes

0%
Programs: 0%
Payroll: 55%
Other overhead: 100%
Program Revenue$7K (0%)
Total Expenses$6.0M (88%)
Payroll$3.3M (55%)
Overhead (non-program)100%

Trust Score Breakdown

Program Spending Ratio

0% of expenses go to programs

40%

Revenue & Stability

$6.9M annual revenue

15%

Executive Compensation

$358K total officer comp (5.9% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$4.7M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.