Overview

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Est.

2018

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

I3 ACADEMY is a nonprofit organization dedicated to empowering learners to become agents of change in their communities through charter school education. With an operating budget of $16.5 million and total revenue of $17.7 million for the filing year 2024, the organization is supported by major funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and DONOR ADVISED CHARITABLE GIVING INC. Notably, I3 ACADEMY does not rely on a single funder for 50% or more of its revenue.

Mission Statement

TO EMPOWER LEARNERS TO BECOME AGENTS OF CHANGE WHO SOLVE THE PROBLEMS THEY SEE IN THEIR WORLD.
Revenues
$17.7M
Expenses
$16.5M
Net Income:
+$1.2M
Assets
$17.5M
Liabilities
$17.5M
Net Assets:
-$31.5K
Operating Budget
$16.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
17
Median grant size
$50K
Largest grant received
$977K
T
Thomas Bice
Board Member
B
Bobby Humphrey
Board Member
L
Lashunta Boler
Board Member
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  • 36 funders
  • 24 board & team members
  • 3 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is I3 ACADEMY’s budget?
In 2024, I3 ACADEMY reported an annual operating budget of around $16.5 million. More detailed financial information is available to registered users.
What causes does I3 ACADEMY support?
I3 ACADEMY supports work in Charter school education.
Where does I3 ACADEMY operate?
I3 ACADEMY is headquartered in Birmingham, AL.
Who funded I3 ACADEMY recently?
In 2025, I3 ACADEMY received grants from THE JAMES MILTON AND SALLIE R JOHNSON FOUNDATION, Jewish Federation Of Metropolitan Chicago, and MAX AND LORAYNE COOPER FOUNDATION ATTENTION SUSAN JACKSON. More information on this organization’s funders is available to registered users.
What is the largest grant I3 ACADEMY received in 2024?
The largest grant to I3 ACADEMY in 2024 exceeds $977 thousand.
What is I3 ACADEMY’s reliance on government grants?
I3 ACADEMY relied on government grants for more than 80% of their total revenue in 2024.