The Institute For Excellence In Education
- Assets
- $5.8m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 91
- Location
- Mt Pleasant, MI
- Founding
- 08/2002
- Data as of
- 06/2022
- EIN
- 38-3635927
Organization Overview
The Institute For Excellence In Education is located in Mt Pleasant, MI. The organization was established in 2002. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2022, Institute For Excellence In Education employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Excellence In Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Institute For Excellence In Education generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $8.0m during the year ending 06/2022. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH PROFESSIONAL DEVELOPMENT AND COACHING, IEE SERVES AS A CATALYST TO EMPOWER EDUCATORS TO EXCEED THE DEMANDS OF AN EVER-EVOLVING EDUCATION ENVIRONMENT IN ORDER TO MEET THE UNIQUE LEARNING NEEDS OF EVERY STUDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOARD GOVERNANCE AND OPERATIONS: SERVICES INCLUDE BOARD POLICY SERVICES, ADMINISTRATIVE GUIDELINES, BOARD TRAINING, AND POLICY UPDATES. THE INSTITUTE PROVIDES CHARTER PUBLIC SCHOOL BOARDS WITH A SERVICE TO CREATE THEIR OWN SCHOOL POLICY MANUAL, ENSURING MANUALS ARE APPLICABLE TO CURRENT STATE AND FEDERAL STATUTES AND REGULATIONS.
CONSULTING, COACHING AND TRAINING: THE INSTITUTE PROVIDES A CUSTOMIZED PROGRAM OF COACHING, TRAINING AND PROFESSIONAL DEVELOPMENT WHICH ADDRESSES THE NEEDS OF INDIVIDUAL SCHOOLS.
EPICENTER SOFTWARE ACCESS: THE INSTITUTE PROVIDES A SOFTWARE TOOL, EPICENTER, THAT PROVIDES SCHOOLS A TOOL TO PROCESS CHARTER APPLICATIONS, MANAGE COMPLIANCE, AND AUTOMATE WORKFLOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Goenner President/ce | Officer | 40 | $273,392 |
Mary Bradley COO | Officer | 40 | $194,318 |
Naomi Deveaux VP Auth & Ac | 40 | $192,885 | |
Sherry Schock Executive Di | Officer | 40 | $164,619 |
Mark Weinberg VP For Leade | 40 | $147,931 | |
Wendy Larvick Director Of | 40 | $118,159 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Faulkner Tech Software | 6/29/22 | $1,100,715 |
Headstream Technologies Software | 6/29/22 | $190,000 |
Commerce Center Llc Rent | 6/29/22 | $106,056 |
Momentum Strategy & Research Consulting | 6/29/22 | $189,974 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,057,543 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,588,639 |
| Total Program Service Revenue | $5,822,721 |
| Investment income | $1,567 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$33 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $13,226 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,433,384 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,041,375 |
| Compensation of current officers, directors, key employees. | $262,539 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,924,457 |
| Pension plan accruals and contributions | $218,578 |
| Other employee benefits | $343,611 |
| Payroll taxes | $278,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,741 |
| Fees for services: Accounting | $19,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,202,820 |
| Advertising and promotion | $67,050 |
| Office expenses | $174,895 |
| Information technology | $36,697 |
| Royalties | $0 |
| Occupancy | $106,073 |
| Travel | $214,547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $80,553 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,208,941 |
| Insurance | $59,867 |
| All other expenses | $0 |
| Total functional expenses | $8,001,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,801 |
| Savings and temporary cash investments | $815,945 |
| Pledges and grants receivable | $90,910 |
| Accounts receivable, net | $581,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $67,058 |
| Prepaid expenses and deferred charges | $203,441 |
| Net Land, buildings, and equipment | $24,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,577,669 |
| Other assets | $0 |
| Total assets | $5,753,281 |
| Accounts payable and accrued expenses | $823,894 |
| Grants payable | $0 |
| Deferred revenue | $132,442 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $956,336 |
| Net assets without donor restrictions | $4,796,945 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,753,281 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Institute For Excellence In Education has recieved totaling $87,164.
| Awarding Organization | Amount |
|---|---|
Kinexus Youth Solutions Inc Benton Harbor, MI PURPOSE: YOUTH SVCS STATEWIDE | $62,289 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $24,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Indiana Educational Service Center Indianapolis, IN | $10,545,189 | $14,759,345 |
Wisconsin Library Services Madison, WI | $3,399,343 | $10,812,527 |
The Institute For Excellence In Education Mt Pleasant, MI | $5,753,281 | $8,433,384 |
Michigan State Education Network Flint, MI | $20,039,398 | $5,257,344 |
Educational Solutions Co Columbus, OH | $4,125,351 | $8,009,179 |
Wisconsin Manufacturing Extension Partnership Inc Madison, WI | $4,454,463 | $6,124,357 |
Kuali Foundation Inc Bloomington, IN | $3,569,859 | $4,499,882 |
University Of Akron Research Foundation Akron, OH | $12,543,430 | $3,711,424 |
La Porte Elementary School Building Corporation Laporte, IN | $128,469,529 | $7,375,015 |
Center For Innovative Education Solutions Inc Indianapolis, IN | $11,425,691 | $2,252,415 |
Ohio Chapter American Academy Of Pediatrics Columbus, OH | $3,816,590 | $2,404,819 |
Five Colleges Of Ohio Oberlin, OH | $1,794,446 | $1,368,965 |