Innova Classical Christian Academy
Publicly funded institution · Newmarket, Ontario · BN 806236774RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($1,639,202) as filed with the CRA.
Innova Classical Christian Academy is a private foundation based in Newmarket, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending August 31, 2024, it reported $1.7M in revenue and $1.6M in expenditures.
In 2024, 2 other registered charities reported granting it a combined $90K.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 12% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 17 permanent full-time positions.
As a grantmaker, it reported gifts to 4 qualified donees totalling $18K in 2024, the largest being $16K to The Samaritan Foundation. Revenue has grown substantially over its filings on record here, from $927K in 2020 to $1.7M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Education of children in accordance with the constitution of the school without the purpose of financial gain for the members.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $1.6M | $1.2M | — | $18K | $171K |
| 2023 | $1.5M | $1.5M | $1.2M | — | $750 | $104K |
| 2022 | $1.2M | $1.2M | $909K | — | $750 | $95K |
| 2021 | $1.1M | $1.1M | $826K | — | — | $87K |
| 2020 | $927K | $943K | $718K | — | $500 | $66K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $18K to 4 qualified donees:
Received $90K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9999 positions
- Permanent full-time positions17
- Total compensation, all staff$1.2M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Michael McNeill (director); Arden Fischer (president); Aviviere Telang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Innova Classical Christian Academy’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 806236774RR0001), or read how we compute the receipt.