Public Charity

THE INNOVATION ACADEMY INC

THE INNOVATION ACADEMY INC is a Public Charity headquartered in MEMPHIS, TN. Financial data from the 2025 filing: $5.6M revenue, $5.2M expenses, $5.2M total assets. 1 publicly reported grants to this organization, totaling roughly $194K, appear in IRS filings.

EIN: 465120132 MEMPHIS, TN Latest filing: 2025
Total Revenue$5.6M
Total Expenses$5.2M
Total Assets$5.2M
Grant Records1
Funding Total$194K
Filing Years2021–2025

Mission

TO CREATE, ENHANCE AND SUSTAIN OPPORTUNITIES FOR THE CHILDREN AND FAMILIES OF MEMPHIS THROUGH THE COLLABORATIVE DESIGN, IMPLEMENTATION, AND INTEGRATION OF QUALITY EDUCATIONAL EXPERIENCES, CAREER AWARENESS AND SUPPORT SERVICES THAT LEAD TO ACADEMIC SUCCESS, FAMILY PRESERVATION, AND COMMUNITY PROSPERITY.

Sample Grants Received

2024
TO SUPPORT SUMMER BOOST
$193,600

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Amy Manning
BOARD MEMBER Dr Bill Adkins
BOARD MEMBER Dr Charles Ingram
CHIEF ACADEMIC OFFICER Effie Jenkins-Smith
PRESIDENT Nicole Taylor
SECRETARY Octavia Brownridge

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT SUMMER BOOST
$193,600 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.6M $5.2M $5.2M
2024 $6.9M $6.0M $4.7M
2023 $5.7M $5.0M $4.1M
2022 $5.4M $4.7M $3.6M
2021 $5.1M $4.5M $1.9M

Between 2021 and 2025, reported annual revenue grew from $5.1M to $5.6M (+9%), with total assets most recently reported at $5.2M.

Interactive year-over-year charts and full filing details available with membership.

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