Independence Mission Schools
Independence Mission Schools reported $36.5 million in revenue and $33.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.85 went to program services, $7.15 to management and general costs and $4.00 to fundraising. Its largest source of revenue was contributions and grants: 74.3% of the total. The highest compensation it reported for one person was $322,004 (PRESIDENT AND CEO). 12 people received more than $100,000 in reportable compensation. Revenue rose 25% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $34MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $37MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 74.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 25.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $322,004 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.95% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 12 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 18 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseIndependence missions schools fiercely believes in thelife-changingimpact of catholic school education. The sy24-25 will mark the 13th year for ims as an independent nonprofit operating 14 philadelphia-area neighborhood catholic schools committed to studentachievement and growth. By creating high-achieving, safe and loving learning environments, ims continues to outperform national and high-poverty learning growth statisticsin both english language arts and math. We continue to track toward thegoals as outlined in the strategic plan. We prepareour studentsfor success in high school, college…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 40.00 hrs/week | $300,200 | $0 | $21,804 | $322,004 |
| CHIEF OF SCHOOLS Key employee, 40.00 hrs/week | $219,359 | $0 | $17,600 | $236,959 |
| CHIEF OF STAFF Key employee, 40.00 hrs/week | $182,492 | $0 | $15,902 | $198,394 |
| CHIEF ADVANCEMENT OFFICER Key employee, 40.00 hrs/week | $187,492 | $0 | $6,677 | $194,169 |
| DEP. CHIEF OF SCHOOL Highest compensated employee, 40.00 hrs/week | $126,594 | $0 | $17,397 | $143,991 |
12 people received more than $100,000 in reportable compensation from Independence Mission Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $955K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5580
- Volunteers Part I, line 670
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| P AND A REMODELING LLC Construction | $146,430 |
| NJ JANITORIAL & FACILITIES SERVICES Janitorial services | $130,680 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
12 private foundations reported grants to Independence Mission Schools totaling $2.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Independence Mission Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Independence Mission Schools, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Independence Mission Schools spent in FY2025, $88.85 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Out-Of-Door Academy of SarasotaSarasota, FL · revenue $36M · programs 87.7% · FY2025
- Marin Country Day SchoolCorte Madera, CA · revenue $37M · programs 82.1% · FY2025
- Park School CorporationBrookline, MA · revenue $36M · programs 73.7% · FY2025
- The Paideia SchoolAtlanta, GA · revenue $37M · programs 87.5% · FY2025
- Silicon Valley International SchoolPalo Alto, CA · revenue $36M · programs 83.4% · FY2025
Questions people ask
How much of Independence Mission Schools's spending goes to programs?
In the fiscal year ending June 30, 2025, Independence Mission Schools reported that 88.9% of its $33.8 million in expenses went to program services, 7.1% to management and general and 4.0% to fundraising (Form 990, Part IX).
How much does Independence Mission Schools pay its top executive?
The largest total compensation Independence Mission Schools reported for one person in the fiscal year ending June 30, 2025 was $322,004, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Independence Mission Schools get its money?
Of $36.5 million in revenue in the fiscal year ending June 30, 2025, 74.3% came from contributions and grants and 25.2% from program service revenue (Form 990, Part VIII).
Is Independence Mission Schools a registered charity?
The IRS lists EIN 45-4720688 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620779349300107 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540299349300329 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400609349300410 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300249349300905 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103479349300745 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140089349300614 · read the filing
All filings for EIN 45-4720688: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.