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THE INNOVATION ACADEMY INC

MEMPHIS, Tennessee, 38128

EIN: 46-5120132

Educational Institutions and Related Activities

DEMOGRAPHIC

ADDRESS
3034 OLD AUSTIN PEAY HWY
38128
COUNTY
shelby county, TN
IN CARE OF NAME
NATALIE WILLIAMS

ORGANIZATIONAL OVERVIEW & RANKINGS

THE INNOVATION ACADEMY INC is a based in MEMPHIS, TN, focused on Educational Institutions and Related Activities causes . Established in July 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $4,065,155.00, this ranks 102,111 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,641 out of 52,500 organizations in TN (Top 4%).

In shelby county, TN, the organization ranks 351 out of 12,814 nonprofits by assets (Top 3%), while locally in memphis, it stands at 302 among 10,368 organizations (Top 3%).

The organization reported annual revenue of $5,810,336.00, ranking 43,800 nationally (Top 2%) and 765 in TN (Top 2%).

Within its specific NTEE classification (B29 - B: Educational Institutions and Related Activities), which includes 3,858 similar organizations, THE INNOVATION ACADEMY INC ranks 1,477 in assets (Top 38%) and 1,295 in revenue (Top 34%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
11: School 170(b)(1)(A)(ii)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$5,651,930.00
FORM 990 REVENUE AMOUNT
$5,810,336.00
RULING DATE
07/2014
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$4,065,155.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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