THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT (EIN 95-4695698)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-09-10
IRS object ID
201222549349300227
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-09-10T13:29:18-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN954749365EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1STANISLAWSKI & HARRISON CPASBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1301 N LAKE AVE SUITE 900AddressLine1
CityPASADENACity
StateCAState
ZIP Code91101ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN954695698EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1INSTITUTE FOR EDUCATIONAL ADVANCEMENTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlINSTNameControl
Phone6264038900Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1625 FAIR OAKS AVENUE NO 285AddressLine1
CitySOUTH PASADENACity
StateCAState
ZIP Code91030ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameELIZABETH D JONESName
TitlePRESIDENTTitle
Phone6264038900Phone
Date Signed2012-09-07DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameALAN HARRISONName
PTINP00157337PTIN
Phone6267933600Phone
Date Prepared2012-08-28DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonELIZABETH D JONESNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1625 FAIR OAKS AVENUE 285AddressLine1
CitySOUTH PASADENACity
StateCAState
ZIP Code91030ZIPCode
FieldValueIRS element (for citing)
Gross Receipts4108028GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.EDUCATIONALADVANCEMENT.ORG/WebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1998YearFormation
State Legal DomicileCAStateLegalDomicile
Activity Or Mission DescriptionDEDICATED TO SUPPORTING YOUNG INDIVIDUALS IN PURSUING THEIR FULL ACADEMIC AND PERSONAL POTENTIAL.ActivityOrMissionDescription
Nbr Voting Members Governing Body11NbrVotingMembersGoverningBody
Nbr Independent Voting Members10NbrIndependentVotingMembers
Total Nbr Employees29TotalNbrEmployees
Total Nbr Volunteers35TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year1188254ContributionsGrantsPriorYear
Contributions Grants Current Year3937535ContributionsGrantsCurrentYear
Program Service Revenue Prior Year150620ProgramServiceRevenuePriorYear
Program Service Revenue CY154573ProgramServiceRevenueCY
Investment Income Prior Year658InvestmentIncomePriorYear
Investment Income Current Year2036InvestmentIncomeCurrentYear
Other Revenue Prior Year7683OtherRevenuePriorYear
Other Revenue Current Year13884OtherRevenueCurrentYear
Total Revenue Prior Year1347215TotalRevenuePriorYear
Total Revenue Current Year4108028TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1325276GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1216884GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year641485SalariesEtcPriorYear
Salaries Etc Current Year686155SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year93995TotalFundrsngExpCurrentYear
Other Expense Prior Year491536OtherExpensePriorYear
Other Expenses Current Year410790OtherExpensesCurrentYear
Total Expenses Prior Year2458297TotalExpensesPriorYear
Total Expenses Current Year2313829TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-1111082RevenuesLessExpensesPriorYear
Revenues Less Expenses CY1794199RevenuesLessExpensesCY
Total Assets BOY1191006TotalAssetsBOY
Total Assets EOY2963705TotalAssetsEOY
Total Liabilities BOY85528TotalLiabilitiesBOY
Total Liabilities EOY64028TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1105478NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY2899677NetAssetsOrFundBalancesEOY
Mission DescriptionSEE SCHEDULE O FOR DESCRIPTION OF MISSION.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense1473741Expense
Grants1216884Grants
DescriptionTHE CAROLINE D. BRADLEY SCHOLARSHIP 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. IN ADDITION, IEA OFFERS PERSONALIZED GUIDANCE DURING THE SCHOOL SEARCH PROCESS. IEA NAMED ELEVEN 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. IN 2011 THERE WAS A TOTAL OF 60 SCHOLARSHIPS AWARDED TO STUDENTS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense141769Expense
Revenue105375Revenue
DescriptionTHE APPRENTICESHIP PROGRAM IS A NATIONALLY OFFERED THREE-TO-FOUR WEEK RESIDENTIAL PROGRAM THAT PROVIDES EXCEPTIONALLY ABLE HIGH SCHOOL STUDENTS WITH FOCUSED, HANDS-ON STUDY AND INTERACTION WITH PREEMINENT SCIENTISTS, MATHEMATICIANS AND ARTISTS. QUALIFIED PARTICIPANTS TRAVEL TO THE MENTOR'S PLACE OF WORK OR STUDY TO PARTICIPATE IN COLLABORATIVE PROJECTS. STUDENTS RESIDE IN LOCAL COLLEGES AND UNIVERSITIES, AN EXPERIENCE THAT PROVIDES THEM WITH A VALUABLE OPPORTUNITY TO LIVE INDEPENDENTLY AND DEVELOP RELATIONSHIPS WITH INTELLECTUAL PEERS WHO SHARE INTERESTS. IEA HOSTED 30 GIFTED HIGH SCHOOL APPRENTICES IN A RESIDENTIAL PROGRAM THIS YEAR.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense159852Expense
Revenue77629Revenue
DescriptionYUNASA INSTITUTE FOR THE GIFTED PROVIDES EXCEPTIONALLY ABLE 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. THIS YEAR, IEA SERVED 65 GIFTED YOUTH AGES 10-17 AT YUNASA, OUR ONE-WEEK SUMMER CAMP IN MICHIGAN.Description

Activity Other ActivityOther

FieldValueIRS element (for citing)
Expense187499Expense
FieldValueIRS element (for citing)
Total Of Other Program Service Exp187499TotalOfOtherProgramServiceExp
Total Program Service Expense1962861TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109613NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees29NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members11NbrVotingGoverningBodyMembers
Number Independent Voting Members10NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1ELIZABETH JONESBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6264038900TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1625 FAIR OAKS AVENUE SUITE 285AddressLine1
CitySOUTH PASADENACity
StateCAState
ZIP Code91030ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
ELIZABETH D JONES
PRESIDENT40.00XX184914012884
DONNA FORD
DIRECTOR1.00X000
SETH FREEMAN
DIRECTOR1.00X000
PEGGY FUNKHOUSER
DIRECTOR1.00X000
JEFFREY HUDSON
DIRECTOR1.00X000
KENNETH A MERCHANT
DIRECTOR1.00X000
GEORGE MILLS
DIRECTOR1.00X000
CHRIS NEWMAN
DIRECTOR1.00X000
GWEN ROBERTSON
DIRECTOR1.00X000
DAVID SHUKAN
DIRECTOR1.00X000
CHARLES WISE
DIRECTOR1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org184914TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation12884TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions3937535AllOtherContributions
Noncash Contributions1600000NoncashContributions
Total Contributions3937535TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionTUITION AND FEESDescription
Business Code900099BusinessCode
Total Revenue Column154573TotalRevenueColumn
Related Or Exempt Function Income154573RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue154573TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2036TotalRevenueColumn
Exclusion$2,036ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionOTHER INCOMEDescription
Business Code900099BusinessCode
Total Revenue Column13884TotalRevenueColumn
Exclusion$13,884ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue13884TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column4108028TotalRevenueColumn
Related Or Exempt Function Income154573RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$15,920ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1216884Total
Program Services1216884ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total197798Total
Program Services116566ProgramServices
Management And General59452ManagementAndGeneral
Fundraising21780Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total379603Total
Program Services223707ProgramServices
Management And General114097ManagementAndGeneral
Fundraising41799Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total64324Total
Program Services38458ProgramServices
Management And General18657ManagementAndGeneral
Fundraising7209Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total44430Total
Program Services26651ProgramServices
Management And General12799ManagementAndGeneral
Fundraising4980Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total4703Total
Program Services4703ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total23390Total
Program Services10300ProgramServices
Management And General13090ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total22735Total
Program Services20760ProgramServices
Fundraising1975Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total4564Total
Program Services4454ProgramServices
Management And General7ManagementAndGeneral
Fundraising103Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total47582Total
Program Services38056ProgramServices
Management And General6055ManagementAndGeneral
Fundraising3471Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total23215Total
Program Services23165ProgramServices
Management And General36ManagementAndGeneral
Fundraising14Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total70960Total
Program Services40124ProgramServices
Management And General23348ManagementAndGeneral
Fundraising7488Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total136079Total
Program Services134687ProgramServices
Fundraising1392Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total7718Total
Program Services6486ProgramServices
Management And General243ManagementAndGeneral
Fundraising989Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total12210Total
Program Services6057ProgramServices
Management And General5022ManagementAndGeneral
Fundraising1131Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total11141Total
Program Services6683ProgramServices
Management And General3209ManagementAndGeneral
Fundraising1249Fundraising

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionFOOD - STUDENTSDescription
Total42447Total
Program Services42447ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total4046Total
Program Services2673ProgramServices
Management And General958ManagementAndGeneral
Fundraising415Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2313829Total
Program Services1962861ProgramServices
Management And General256973ManagementAndGeneral
Fundraising93995Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY119949BOY
EOY522901EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1008084BOY
EOY751173EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY39734BOY
EOY16529EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY6369BOY
EOY34474EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis1675119LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec52911LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY11784BOY
EOY1622208EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY10095EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY5086BOY
EOY6325EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1191006BOY
EOY2963705EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY58583BOY
EOY55278EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY26945BOY
EOY8750EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY85528BOY
EOY64028EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY400532BOY
EOY2170296EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY704946BOY
EOY729381EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1105478BOY
EOY2899677EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1191006BOY
EOY2963705EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses1794199ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2699245CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1762629CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years4237070CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1188254CurrentTaxYearMinus1Year
Current Tax Year3937535CurrentTaxYear
Total13824733Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2699245CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1762629CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years4237070CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1188254CurrentTaxYearMinus1Year
Current Tax Year3937535CurrentTaxYear
Total13824733Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total11082540AmountsSubstContributorsTotal
Public Support Total1702742193PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years39350CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years25381CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1236CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year658CurrentTaxYearMinus1Year
Current Tax Year2036CurrentTaxYear
Total68661Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1848CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1029CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1449CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year7683CurrentTaxYearMinus1Year
Current Tax Year13884CurrentTaxYear
Total25893Total
FieldValueIRS element (for citing)
Total Support13919287TotalSupport
Gross Receipts From Admissions Etc700723GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.19700PublicSupportPertcentage170
Public Support Pertcent Prior Year0.17130PublicSupportPertcentPriorYear
Ten Percent Test Current YearXTenPercentTestCurrentYear
General ExplanationSCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE INSTITUTE SATISFIES THE FACTS-AND-CIRCUMSTANCES TEST OF TREASURY REGULATION 1.170A-9(E)(3) AND QUALIFIES AS PUBLICLY SUPPORTED UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE FOR THE FOLLOWING REASONS: 1. TEN-PERCENT-OF-SUPPORT LIMITATION THE INSTITUTE'S PUBLIC SUPPORT FOR THE CURRENT PERIOD IS 19.70%, SIGNIFICANTLY ABOVE THE MINIMUM REQUIREMENT OF 10% TO QUALIFY THE INSTITUTE UNDER THE FACTS-AND-CIRCUMSTANCES TEST. 2. ATTRACTION OF PUBLIC SUPPORT THE INSTITUTE ACTIVELY SOLICITS CONTRIBUTIONS FROM INDIVIDUALS, PRIVATE FOUNDATIONS, AND CORPORATE SPONSORS. AMONG OTHER THINGS, THE INSTITUTE MAINTAINS A PUBLICLY ACCESSIBLE WEBSITE THAT DISCUSSES AT LENGTH THE INSTITUTE'S PROGRAMS AND ACTIVITIES AND CONTAINS A SPECIAL "DONATE NOW" BUTTON. THE INSTITUTE RECOGNIZES ITS DONORS' GENEROSITY WITH SEVEN HONOR CLASSIFICATIONS, RANGING FROM "CONTRIBUTORS" FOR THOSE WHO DONATE UP TO $999, TO "FOUNDERS CIRCLE" FOR THOSE WHO CONTRIBUTE $150,000 AND HIGHER. IN ADDITION, WHEN DONORS COMMIT IN ADVANCE TO A CONSECUTIVE THREE-YEAR PLEDGE TO THE INSTITUTE, THEY ARE INDUCTED INTO THE INSTITUTE'S NAUTILUS SOCIETY. A LIST OF OVER 200 DONORS TO THE INSTITUTE CAN BE FOUND AT WWW.EDUCATIONALADVANCEMENT.ORG. 3. PERCENTAGE OF FINANCIAL SUPPORT THE INSTITUTE'S 19.70% PUBLIC-SUPPORT PERCENTAGE IS WELL ABOVE THE 10% FLOOR AND REFLECTS THE FACT THAT THE ORGANIZATION RECEIVES SIGNIFICANT AND WIDESPREAD PUBLIC SUPPORT. THE INSTITUTE IS WORKING ACTIVELY TO BROADEN ITS SOURCES OF SUPPORT TO INCREASE ITS PUBLIC-SUPPORT PERCENTAGE IN THE COMING YEARS. 4. SOURCES OF SUPPORT THE INSTITUTE RECEIVES FINANCIAL SUPPORT FROM A WIDE RANGE OF UNRELATED INDIVIDUAL DONORS AND FOUNDATIONS, AS DEMONSTRATED BY THE LIST OF TEN MAJOR CONTRIBUTORS ON SCHEDULE B. IN ADDITION TO THE SUPPORT DISCLOSED ON SCHEDULE B, THE INSTITUTE RECEIVES SMALLER CONTRIBUTIONS FROM MANY OTHER INDIVIDUAL DONORS. TO SUPPORT ITS WORK WITH GIFTED YOUNG PEOPLE, THE INSTITUTE RELIES HEAVILY ON ITS VOLUNTEER CORPS. THE ROLES AND RESPONSIBILITIES OF OUR VOLUNTEERS VARY WIDELY DEPENDING ON THEIR SKILLS AND EXPERTISE AND ON THE INSTITUTE'S NEEDS. FOR EXAMPLE, PROFESSIONALS WHO ARE RESPECTED IN THEIR FIELDS VOLUNTEER FOR THREE TO SIX WEEKS DURING EACH SUMMER TO MENTOR GIFTED STUDENTS PARTICIPATING IN THE INSTITUTE'S APPRENTICESHIP PROGRAM. ALSO, THROUGHOUT THE YEAR, PROFESSIONALS FROM VARIOUS FIELDS DONATE THEIR TIME TO GIVE INSPIRATIONAL LECTURES TO GIFTED STUDENTS, PARENTS, TEACHERS AND ADMINISTRATORS PARTICIPATING IN THE INSTITUTE'S PARENT SUPPORT GROUP MEETINGS AND GUEST EVENTS. THE INSTITUTE ACTIVELY SOLICITS VOLUNTEER SUPPORT THROUGH ITS WEBSITE, AS WELL AS BY DIRECT ASK. THE CAROLINE D. BRADLEY SCHOLARSHIP SELECTION COMMITTEE IS COMPRISED OF VOLUNTEERS FROM PUBLIC AND PRIVATE HIGH SCHOOLS AND UNIVERSITIES FROM AROUND THE COUNTRY. IEA HAS TWO TO THREE COMMITTEES EACH YEAR, MADE UP OF EIGHT TO TEN ADMISSIONS DIRECTORS, SCHOOL HEADS AND UNIVERSITY LEADERSHIP. 5. REPRESENTATIVE GOVERNING BODY THE INSTITUTE'S BOARD OF DIRECTORS CONSISTS OF ELEVEN DIRECTORS FROM DIVERSE PROFESSIONAL BACKGROUNDS, INCLUDING LAW, FINANCE, AND EDUCATION. TEN OF THESE ELEVEN DIRECTORS ARE NOT OTHERWISE RELATED TO THE INSTITUTE. THE INSTITUTE ENCOURAGES ALL ITS DIRECTORS TO CONTRIBUTE BOTH TIME AND MONEY TO THE ORGANIZATION. 6. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES THE INSTITUTE'S PROGRAMS ARE AVAILABLE TO ELIGIBLE CANDIDATES FROM THE GENERAL PUBLIC AND INCLUDE THE FOLLOWING: APPRENTICESHIP PROGRAM: THIS THREE-TO-SIX WEEK RESIDENTIAL SUMMER PROGRAM PROVIDES AN OPPORTUNITY FOR 30 STUDENTS, CAPABLE OF WORKING AT THE HIGH SCHOOL LEVEL, TO WORK WITH ESTABLISHED PROFESSIONALS IN AN AREA OF INTEREST. CAROLINE D. BRADLEY SCHOLARSHIP: THIS PROGRAM PROVIDES AN OPPORTUNITY FOR 60 GIFTED STUDENTS TO DEVELOP TO THEIR FULLEST POTENTIAL BY ATTENDING A SCHOOL THAT WILL BEST MEET THEIR INDIVIDUAL NEEDS. THE SCHOLARSHIP COVERS THE COST OF TUITION AND BOOKS THROUGHOUT EACH SCHOLAR'S HIGH SCHOOL YEARS. PIPELINE TO SUCCESS: THIS PROGRAM AIMS TO PREPARE STUDENTS FOR COLLEGE BY PROVIDING THEM WITH CHALLENGING COURSEWORK AND INDIVIDUAL GUIDANCE THROUGHOUT THEIR MIDDLE AND HIGH SCHOOL YEARS. YUNASA SUMMER CAMP FOR THE GIFTED: THIS WEEK-LONG RESIDENTIAL SUMMER PROGRAM PROVIDES AN OPPORTUNITY FOR 65 GIFTED MIDDLE SCHOOL STUDENTS TO DEVELOP THE EMOTIONAL, SPIRITUAL, PHYSICAL AND INTELLECTUAL ASPECTS OF THEMSELVES WHILE HAVING FUN. GIFTED RESOURCE CENTER: THIS RESOURCE PROVIDES A CUSTOMIZED STARTING POINT FOR STUDENTS, PARENTS AND EDUCATORS SEEKING EDUCATIONAL OPPORTUNITIES FOR GIFTED AND TALENTED STUDENTS. ACADEMY PROGRAM: ACADEMY IS AN EDUCATIONAL YEAR-ROUND ENRICHMENT PROGRAM THAT SERVES APPROXIMATELY 100 ELEMENTARY AND MIDDLE SCHOOL STUDENTS ANNUALLY. ACADEMY OFFERS HIGH-LEVEL MATH AND SCIENCE COURSES THAT CHALLENGE GIFTED STUDENTS BEYOND THEIR GRADE LEVEL.GeneralExplanation

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis1200000OtherCostOrOtherBasis
Book Value1200000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis280000OtherCostOrOtherBasis
Depreciation625Depreciation
Book Value279375BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis195119OtherCostOrOtherBasis
Depreciation52286Depreciation
Book Value142833BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1622208TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionSCHOLARSHIPS PAYABLEDescription
Amount$8,750Amount
FieldValueIRS element (for citing)
Total Of Amounts8750TotalOfAmounts
Total Revenue4108028TotalRevenue
Total Expenses2313829TotalExpenses
Excess Or Deficit For Year1794199ExcessOrDeficitForYear
Excess Or Deficit Per FS1794199ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt4108028TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal4108028RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form9904108028TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2313829TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal2313829ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902313829TotalExpensesPerForm990

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantHIGH SCHOOL SCHOLARSHIPSTypeOfGrant
Number Of Recipients60NumberOfRecipients
Amount Of Cash Grant1216884AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: TUITION PAYMENTS ARE ISSUED DIRECTLY TO THE SCHOOL THAT EACH SCHOLAR ATTENDS AND ARE BASED UPON PUBLISHED TUITION RATES FOR EACH YEAR. WHILE THE CDB SCHOLARSHIP IS MERIT-BASED, IT TARGETS THOSE EXCEPTIONALLY GIFTED YOUNG PEOPLE WHO NEED ASSISTANCE IN FINDING THE OPTIMAL HIGH SCHOOL ENVIRONMENT OR MAY EXPERIENCE OTHER CHALLENGES THAT PROHIBIT ATTENDING AN APPROPRIATE COLLEGE PREP SCHOOL. ALL APPLICANTS SUBMIT A PORTFOLIO APPLICATION WHICH IS REVIEWED BY A SELECTION COMMITTEE AND FINALISTS ARE SELECTED. EACH FINALIST WILL THEN PARTICIPATE IN A PERSONAL INTERVIEW. FINALLY, THE IEA SCHOLARSHIP TEAM SELECTS THE SCHOLARS ON A NON-DISCRIMINATORY BASIS. THE APPLICANTS MUST ALSO MEET ADDITIONAL SELECTION GUIDELINES WHICH ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AT WWW.EDUCATIONALADVANCEMENT.ORG.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonELIZABETH D JONESNamePerson
Base Compensation Filing Org184914BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org5555DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org7329NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org197798TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule M IRS990ScheduleM

Securities Closely Held Stock SecuritiesCloselyHeldStock

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99010095NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues

Real Estate Residential RealEstateResidential

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F9901474956NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionFURNITUREDescription
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F990125044NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11FORM 990 WAS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE, CONSISTING OF THREE BOARD MEMBERS AND TWO INDEPENDENT MEMBERS, BEFORE FILING. THE ORGANIZATION EMAILED EACH MEMBER OF THE GOVERNING BODY THE ORGANIZATION'S FINAL FORM 990 PRIOR TO ITS FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS SIGN ANNUAL CONFLICT OF INTEREST REPRESENTATION LETTERS.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE, A SUBSET OF THE IEA BOARD OF DIRECTORS, HAS GENERAL OVERSIGHT OF THE ORGANIZATION'S HUMAN RESOURCE PLAN. THE COMMITTEE MEETS INDEPENDENT OF THE CHIEF EXECUTIVE TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION AND THE ESTABLISHED GOALS. THE BOARD OF DIRECTORS MAKES DECISION USING COMPARABLE SALARY. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION. COMPARABLE SALARY SURVEYS ARE REVIEWED AT A MINIMUM OF EVERY THREE YEARS TO BENCHMARK COMPENSATION FOR THE POSITION. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE CHIEF EXECUTIVE PRESENT, TO THE BOARD FOR REVIEW AND APPROVAL. THE COMMITTEE AND/OR THE BOARD CHAIR THEN MEET WITH THE CHIEF EXECUTIVE TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES, AND GOALS FOR THE UPCOMING YEAR.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FEDERAL FORM 990, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG.

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