Inventor Academy
Charitable organizationEducational organizations (n.e.c.)·6 - 561 EDWARD AVE · RICHMOND HILL, ON · L4C 9W6·BN 746715341RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Ongoing programs
TO PROVIDE PROGRAMS THAT ENGAGE AND ENRICH YOUR CHILDREN ENHANCING THEIR ACADEMIC AND LIFE SKILLS. BY MAKING LEARNING ENGAGING AND FUN OUR STUDENTS ARE INSPIRED TO CONTINUE EXPLORING THE POSSIBILITIES OF THE WORLD AROUND THEM!
New programs
TO PROVIDE PROGRAMS THAT ENGAGE AND ENRICH YOUR CHILDREN ENHANCING THEIR ACADEMIC AND LIFE SKILLS. BY MAKING LEARNING ENGAGING AND FUN OUR STUDENTS ARE INSPIRED TO CONTINUE EXPLORING THE POSSIBILITIES OF THE WORLD AROUND THEM!
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Cents to cause
T1 · computed (open data)99¢
Per its F2024 T3010, 99¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)1%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)0.1 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$120K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)0%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)100%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
4 directors reported · 3 of 4at arm's length
- DEL BIANCO, GIORGIO 2NOT ASSIGNEDarm's length
- TZIMIKA, SOULTANANOT ASSIGNEDarm's length
- WENGLE, MELANIENOT ASSIGNEDarm's length
- WENGLE, JAMESPRESIDENT TREASURER SECRnot at arm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗