BETA

BELIEVE SCHOOLS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BELIEVE SCHOOLS INC (EIN 83-3062439)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-26
IRS object ID
202411179349300031
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-26T10:05:34-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351356555PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DONOVAN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15151 E US HWY 36AddressLine1Txt
CityAVONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46123ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833062439EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BELIEVE SCHOOLS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBELIBusinessNameControlTxt
Phone3172961954PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 N CAPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIMBERLY NEAL-BRANNUMPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3176432523PhoneNum
Signature2024-04-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKIMBERLYPersonFirstNm
Person LastNEAL-BRANNUMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBENJAMIN A LIPPERT CPAPreparerPersonNm
PTINP01588566PTIN
Phone3177456411PhoneNum
Preparation2024-04-25PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerKIMBERLY NEAL-BRANNUMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 N CAPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,483,029GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BELIEVESCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionBELIEVE CIRCLE CITY HIGH SCHOOL IS A PUBLIC COLLEGE AND CAREER PREPARATORY HIGH SCHOOL DEDICATED TO THE ACHIEVEMENT OF STUDENTS IN THE INDIANAPOLIS AREA. OUR MISSION IS TO DEVELOP STUDENTS INTO LEADERS THROUGH A COMMUNITY THAT FOSTERS THEIR AGENCY, AUTONOMY, AND ACCELERATION PROVIDING A FOUNDATION FOR FUTURE INDEPENDENCE AND SUCCESS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee36TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,865,598PYContributionsGrantsAmt
CY Contributions Grants$4,459,928CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$155PYInvestmentIncomeAmt
CY Investment Income$169CYInvestmentIncomeAmt
PY Other Revenue$4,465PYOtherRevenueAmt
CY Other Revenue$22,932CYOtherRevenueAmt
PY Total Revenue$2,870,218PYTotalRevenueAmt
CY Total Revenue$4,483,029CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,273,451PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,079,271CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,528,845PYOtherExpensesAmt
CY Other Expenses$2,409,725CYOtherExpensesAmt
PY Total Expenses$2,802,296PYTotalExpensesAmt
CY Total Expenses$4,488,996CYTotalExpensesAmt
PY Revenues Less Expenses$67,922PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,967CYRevenuesLessExpensesAmt
Total Assets BOY$3,708,160TotalAssetsBOYAmt
Total Assets EOY$4,355,886TotalAssetsEOYAmt
Total Liabilities BOY$3,106,908TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,760,601TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$601,252NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$595,285NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBELIEVE CIRCLE CITY HIGH SCHOOL IS A PUBLIC COLLEGE AND CAREER PREPARATORY HIGH SCHOOL DEDICATED TO THE ACHIEVEMENT OF STUDENTS IN THE INDIANAPOLIS AREA. OUR MISSION IS TO DEVELOP STUDENTS INTO LEADERS THROUGH A COMMUNITY THAT FOSTERS THEIR AGENCY, AUTONOMY, AND ACCELERATION PROVIDING A FOUNDATION FOR FUTURE INDEPENDENCE AND SUCCESS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,669,054ExpenseAmt
Revenue$22,932RevenueAmt
DescTHREE OF OUR FOUNDING SCHOLARS WALKED ACROSS THE IVY TECH COMMUNITY COLLEGE STAGE WITH THEIR ASSOCIATES DEGREES THIS SPRING. THESE CYCLONES EMBODY OUR MODEL OF AGENCY, ACCELERATION, AND AUTONOMY. WE CAN'T WAIT TO SEE WHAT THEY ACCOMPLISH DURING THEIR SENIOR YEAR OF HIGH SCHOOL! LEARN MORE ABOUT THIS MONUMENTAL TIME FOR THESE THREE SCHOLARS AND OUR ORGANIZATION HERE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescSINCE OUR OPENING IN 2020, WE HAVE PRIORITIZED A MULTIFACETED APPROACH TO LITERACY DEVELOPMENT FOR OUR HIGH SCHOOLERS. WE HAVE CONSISTENTLY SELECTED AND IMPLEMENTED CURRICULA THAT PRIORITIZE THE STORIES AND VOICES OF AUTHORS WHO SHARE OUR STUDENTS' IDENTITY MARKERS. WE HAVE UTILIZED THE READING APPRENTICESHIP FRAMEWORK TO SUPPORT STUDENTS TO THINK METACOGNITIVELY AS THEY NAVIGATE ACADEMIC TEXTS. IN ADDITION TO THESE TIER 1 EFFORTS, WE HAVE CONSISTENTLY USED DATA TO IDENTIFY AND ADDRESS STUDENTS' READING GAPS THROUGH TARGETED INTERVENTION INITIATIVES. WE SAW THE FRUITS OF THESE EFFORTS WHEN OUR FOUNDING CLASS TOOK THE SAT IN THE SPRING OF 2023 AND SHOWED THAT 65% OF OUR BLACK/AFRICAN AMERICAN STUDENTS MET OR EXCEEDED PROFICIENCY IN EVIDENCE-BASED READING AND WRITING -COMPARED TO 42% PROFICIENCY FOR BLACK/AFRICAN AMERICAN STUDENTS NATIONWIDE. WHILE WE ARE NOT SATISFIED WITH 65% PROFICIENCY, WE ARE PLEASED TO SEE THAT OUR EFFORTS ARE MAKING A DIFFERENCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescOUR FIRST GRADUATING CLASS CROSSED THE FINISH LINE IN MAY. THESE SIX SENIORS WORKED TIRELESSLY THROUGH THE PANDEMIC, TRANSFERRED SCHOOLS, AND EARNED OVER $180,000 IN SCHOLARSHIPS TO UNIVERSITIES AND CAREER PROGRAMS ACROSS THE COUNTRY. WE ARE SO PROUD OF THEIR HARD WORK THESE PAST THREE YEARS! THESE SCHOLARS JOINED US IN THEIR SOPHOMORE AND JUNIOR YEARS. OUR FOUNDING CLASS WILL GRADUATE NEXT SCHOOL YEAR!Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,669,054TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document53IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee36EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BOOKKEEPING PLUS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3174622049PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1232 E MCCLARNONAddressLine1Txt
CityGREENFIELDCityNm
State AbbreviationINStateAbbreviationCd
ZIP46140ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
KIMBERLY NEAL-BRANNUM
EXECUTIVE DIRECTOR40.00Yes (X)$155,684$0$26,782
PATRICK JONES
CHAIR0.50Yes (X)$0$0$0Yes (X)
HALEY HARSHMAN
CO-CHAIR0.50Yes (X)$0$0$0Yes (X)
LATONYA TURNER
CO-CHAIR0.50Yes (X)$0$0$0Yes (X)
JENNIFER FULK
SECRETARY0.50Yes (X)$0$0$0Yes (X)
MARQUES WHITMIRE
TREASURER0.50Yes (X)$0$0$0Yes (X)
BUNMI AKINTOMIDE
MEMBER0.50$0$0$0Yes (X)
ANDRE BENNIN
MEMBER0.50$0$0$0Yes (X)
DARIAN BOUIE
MEMBER0.50$0$0$0Yes (X)
MICHAEL CANADA
MEMBER0.50$0$0$0Yes (X)
COURTNEY CRAWLEY
MEMBER0.50$0$0$0Yes (X)
DEREK DENNIS
MEMBER0.50$0$0$0Yes (X)
CHRISTL GLIER
MEMBER0.50$0$0$0Yes (X)
ALICIA HERVEY
MEMBER0.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$155,684TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$26,782TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IPS FOOD SERVICEBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line14125 PRODUCERS DRIVEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd
FieldValueIRS element (for citing)
ServicesFOOD SERVICEServicesDesc
Compensation$114,786CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Federated Campaigns$360,610FederatedCampaignsAmt
Government Grants$2,887,193GovernmentGrantsAmt
All Other Contributions$1,212,125AllOtherContributionsAmt
Total Contributions$4,459,928TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$169TotalRevenueColumnAmt
Exclusion$169ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$22,932TotalRevenueColumnAmt
Related Or Exempt Func Income$22,932RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$22,932OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,483,029TotalRevenueColumnAmt
Related Or Exempt Func Income$22,932RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$169ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$173,531TotalAmt
Program Services$124,256ProgramServicesAmt
Management And General$49,275ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,615,072TotalAmt
Program Services$1,167,496ProgramServicesAmt
Management And General$447,576ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$32,794TotalAmt
Program Services$20,791ProgramServicesAmt
Management And General$12,003ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$110,184TotalAmt
Program Services$58,021ProgramServicesAmt
Management And General$52,163ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$147,690TotalAmt
Program Services$105,466ProgramServicesAmt
Management And General$42,224ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,500TotalAmt
Management And General$1,500ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$94,760TotalAmt
Management And General$94,760ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$646,130TotalAmt
Program Services$609,946ProgramServicesAmt
Management And General$36,184ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$25,346TotalAmt
Management And General$25,346ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$261,102TotalAmt
Program Services$231,465ProgramServicesAmt
Management And General$29,637ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$108,924TotalAmt
Program Services$94,966ProgramServicesAmt
Management And General$13,958ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$130,962TotalAmt
Program Services$130,962ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$74,306TotalAmt
Program Services$69,557ProgramServicesAmt
Management And General$4,749ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$182,040TotalAmt
Program Services$182,040ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$151,792TotalAmt
Program Services$151,792ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$28,904TotalAmt
Program Services$28,904ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
TRANSPORTATION$223,906$223,906
FOOD COSTS$209,167$209,167
EQUIPMENT$114,528$114,528
REPAIRS AND MAINTENANCE$109,300$109,300

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$47,058TotalAmt
Program Services$36,491ProgramServicesAmt
Management And General$10,567ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,488,996TotalAmt
Program Services$3,669,054ProgramServicesAmt
Management And General$819,942ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$472,522BOYAmt
EOY$1,039,753EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$203,127BOYAmt
EOY$134,363EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$9,258BOYAmt
EOY$7,345EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,410,476LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$236,051LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,023,253BOYAmt
EOY$3,174,425EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,708,160BOYAmt
EOY$4,355,886EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$195,094BOYAmt
EOY$523,459EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,911,814BOYAmt
EOY$3,237,142EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,106,908BOYAmt
EOY$3,760,601EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$601,252BOYAmt
EOY$595,285EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$601,252BOYAmt
EOY$595,285EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,708,160BOYAmt
EOY$4,355,886EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,967ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,900,000OtherCostOrOtherBasisAmt
Depreciation$136,944DepreciationAmt
Book Value$2,763,056BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$376,214OtherCostOrOtherBasisAmt
Depreciation$54,013DepreciationAmt
Book Value$322,201BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$49,717OtherCostOrOtherBasisAmt
Depreciation$14,024DepreciationAmt
Book Value$35,693BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$84,545OtherCostOrOtherBasisAmt
Depreciation$31,070DepreciationAmt
Book Value$53,475BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,174,425TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescNOTES PAYABLEDesc
Amt$3,237,142Amt
FieldValueIRS element (for citing)
Total Liability$3,237,142TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,483,029TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,483,029RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,483,029TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,488,996TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,488,996ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,488,996TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationPROFESSIONAL ACCOUNTING STANDARDS REQUIRE BELIEVE SCHOOLS, INC. TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. BELIEVE SCHOOLS, INC. HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER JUNE 30, 2019 ARE CURRENTLY OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationBELIEVE'S NONDISCRIMINATORY POLICY IS PRESENT IN THE INITIAL CHARTER, PUBLICIZED IN THE EMPLOYEE AND STUDENT HANDBOOK, WEBSITE, AND WILL BE REVIEWED DURING STAFF PD AND STUDENT ORIENTATION. BELIEVE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION (CREED), GENDER, GENDER EXPRESSION, AGE, NATIONAL ORIGIN (ANCESTRY), DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, OR MILITARY STATUS, IN ANY OF ITS ACTIVITIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKIMBERLY NEAL-BRANNUMPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$155,684BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$20,782DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$6,000NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$182,466TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION ADOPTED A NEW OPERATIONG AND FINANCIAL HANDBOOK.
FORM 990, PART VI, SECTION B, LINE 11BREVIEWED BY THE BELIEVE EXECUTIVE DIRECTOR AND DEAN OF OPERATIONS. THEN SENT TO REVIEW BY THE FINANCE COMMITTEE AND BOARD CHAIR FOR FINAL REVIEW AND SIGN-OFF.
FORM 990, PART VI, SECTION B, LINE 12CBELIEVE SCHOOLS DISTRIBUTES AN ANNUAL CONFLICT OF INTEREST FORM. OUR AUTHORIZER REQUIRES SO.
FORM 990, PART VI, SECTION B, LINE 15AWE REQUEST THE LAST RATE OF PAY. WE COMPARE THAT RATE OF PAY TO LOCAL COMPS IN THE AREA. WE THEN MAKE A FAIR OFFER. THIS PROCESS IS DONE WITH NO LESS THAN THREE LEADERS IN THE SCHOOL.
FORM 990, PART VI, SECTION C, LINE 19THESE DOCUMENTS ARE AVAILABLE ON OUR ONLINE PORTAL THROUGH BOARD ON TRACK WHICH INTEGRATES WITH OUR WEBSITE.
FORM 990, PART IX, LINE 11GTEACHING SERVICES: PROGRAM SERVICE EXPENSES 545,911. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 545,911. SECURITY: PROGRAM SERVICE EXPENSES 1,239. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,239. RECRUITING: PROGRAM SERVICE EXPENSES 62,796. MANAGEMENT AND GENERAL EXPENSES 3,841. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,637. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,343. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,343.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS DURING THE TAX YEAR.

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