NonprofitsIsland Academy Inc

Education

Island Academy Inc

ROSWELL, GA

Total revenue

$4.0M

Total expenses

$2.6M

Net assets

$6.1M

Grants received

$597K

24 grants

EIN

980379620

Tax year

2024

Mission

Our mission is to offer a world-class education that will enable our diverse community of more than 300 K-13 students to function successfully, both academically and socially, in the global community.

Programs

3 programs

Instructional Costs, including exam fees, IBO fees and training, music and drama production costs for school shows, printing and reproduction, professional development for instructional staff, school programs and suppies.

Expenses: $560K

Financial Aid and Multi-Student and Staff Discounts

Expenses: $723K

Primary and secondary education (K-13) with IB program.

0

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue$2.2M
Investment income
Other revenue
Total revenue$4.0M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$1.4M
Total expenses$2.6M
Total assets$7.2M
Net assets$6.1M

People

7 listed

NameRoleCompensation

Bernadette Sherman

Chairperson

Board

14 hrs/wk

Susan Lowes

Trustee

Board

1 hrs/wk

Norma Holder

Treasurer

Board

1 hrs/wk

Sharon Cort

Trustee

Board

1 hrs/wk

Anne Hamilton

Trustee

Board

1 hrs/wk

Patti Schear

Trustee

Board

1 hrs/wk

Gary Randall

Trustee

Board

1 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$250K
GENERAL CHARITABLE
2024
$15K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION - SCHOLARSHIP FUND
2024
$15K
GENERAL PURPOSE
2024
$9K
GRANT TO ANOTHER 501(C)(3) ORG
2024
$5K
UNRESTRICTED
2024
$43K
For grant recipient's exempt purposes
2023
$15K
GENERAL PURPOSE
2023
$15K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2023
$10K
UNRESTRICTED
2023
$1K
GENERAL DONATION
2023
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2022
$10K
GENERAL PURPOSE
2022
$10K
UNRESTRICTED
2022
$25K
UNRESTRICTED
2021
$20K
OPERATIONS
2021
$15K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2021
$10K
GENERAL PURPOSE
2021
$20K
GENERAL PURPOSE
2020
$20K
GENERAL OPERATIONS
2020
$15K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2020
$12K
UNRESTRICTED
2020
$10K
CHARITABLE DONATION
2018

Funded by

$597K from 12 funders · 24 grants · 2018–2024

Julie And Martin Franklin Family

$250K · 1 grant · 2024

The Orchard Foundation

$75K · 5 grants · 2020–2024

Ranch Spur Charitable Trust

$62K · 5 grants · 2020–2024

The Kneisel Foundation Inc

$55K · 4 grants · 2020–2023

Rk Mellon Family Foundation

$40K · 2 grants · 2020–2021

Marsha And Jeffrey Perelman

$15K · 1 grant · 2024

Details

EIN980379620
NTEE codeB20
Subsection03
Ruling date2002-11
Formed2001
Employees0
Volunteers8
ISLAND ACADEMY INC — Mission, Financials & Grants Received | Grantivo