2024-04-29T06:41:29+00:00 2023-06-30 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2022-07-01 352151971 Tindley Accelerated Schools Inc TIND 3175451745 3960 Meadows Drive Indianapolis IN 46205 Sandra Tresselt CFO 2024-04-29 true Sandra Tresselt 999009999 true Kim Scifres P01316095 5023263996 2022 2023-04-26 12:10:37Z Dr Jonathan Q Harris 3960 Meadows Drive Indianapolis IN 46205 16542863 false X www.tindley.org X 2001 IN Tindley Accelerated Schools, in cooperation with its parents and the broader community, will empower its students - regardless of their past academic performance - to become successful learners who graduate with the capacity for rigorous college opportunities. Tindley Accelerated Schools will provide a powerful learning experience that intellectually engages, inspires, and spurs academic achievement through a challenging and interactive college-preparatory curriculum. 15 15 191 45 0 0 15709869 16152170 168018 139663 2521 53184 -63029 125547 15817379 16470564 10500 0 8423039 7964464 0 0 7203846 8193396 15626885 16168360 190494 302204 17157536 17257033 19178353 18975646 -2020817 -1718613 Tindley Accelerated Schools offers a rigorous, college-preparatory program that seeks to challenge each one of its students to pursue education beyond high school. It is the early college program that allows Tindley students the opportunity to earn college credit while still enrolled in high school. false false 12262208 10500 139663 Tindley Accelerated Schools, Inc. (ganization") began operations in 2002 as the Charter for Accelerated Learning, Inc. to provide educational services including charter school management, turnaround school services, and education consulting. In 2004, the Organization launched the Charles A. Tindley Accelerated School as an open-enrollment charter school serving grades 6-12, and now currently serves grades 7-12. From the beginning, the organization's vision has been to ensure 100 percent of its students gain acceptance to a fully-accredited four-year college or university. With this in mind, every student is required to complete a rigorous high school program culminating in authentic college courses. Regardless of past academic performance, Tindley accepts every scholar who applies and encourages each to reach their full potential. In August 2014, the Organization opened Tindley Summit Academy serving as an open enrollment charter elementary school which currently educates children in kindergarten through sixth grade. In August 2015, the Organization opened Tindley Genesis Academy serving as an open enrollment charter elementary school which currently educates children in kindergarten through sixth grade. In fiscal year 2017, the boys varsity basketball team made history in winning their first state championship. In addition to Governor Holcomb and Mayor Hogsett offering personal congratulations, the team received a House Concurrent Resolution, introduced by Representative Gary W. Porter. They were celebrated on the steps of the city monument with a citywide pep rally. In the area of Math and Science, Charles A. Tindley Accelerated High School's Robotics team won the St. Joseph's District Highest Rookie Seed and Rookie All Star Honors in the 2017 FIRST Robotics competition. And in 2023, they competed in the FIRST World Championship in Houston after winning the 2023 District Event Championship and being recognized with the Judge's Engineering Inspiration Award. This competition featured teams from 30+ nations. Tindley continues to promote and grow its extra-curricular programs in conjunction with its rigorous academics: including, but limited to, athletics, band, theatre, a community garden, and an innovation lab. Enrollment for the 2022-2023 school year for each school was as follows: Charles A. Tindley Accelerated: 383 Tindley Summit Academy: 231 Tindley Genesis Academy: 425 Charles A. Tindley Accelerated School's 2023 senior class of 35 graduates was offered in excess of $4 million dollars in college scholarship funds and earned over 1,300 college credit hours while at Tindley. 100% of the 2023 graduating class received acceptance into at least one fully accredited four-year college or university, with a total of 237 acceptance letters. 12262208 true true false false false false false false false true false false false true false false false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 81 0 true 191 true false false false false false true true false false false false false false X 15 15 false false false true false false false true true false false true true true true false true false false IN X Sandra Tresselt 3175451745 3960 Meadows Drive Indianapolis IN 46205 Domini Martin-Urban Board Secretary 2.0 X X 0 0 0 Hillary Butrick Board Chair 4.0 X X 0 0 0 Steve Sterret Board Treasurer 4.0 X X 0 0 0 CJ McClanahan Board Member (beginning May 2023) 2.0 X 0 0 0 Darrell Burks Board Member 2.0 X 0 0 0 J Benjamin Ledo Board Member 2.0 X 0 0 0 Jason Kashman Board Member 2.0 X 0 0 0 John Neighbours Board Member 2.0 X 0 0 0 Kathy Henke Board Member 2.0 X 0 0 0 Luke Messer Board Member 2.0 X 0 0 0 Meredith Walker Board Member 2.0 X 0 0 0 Michael Smith Jr Board Member 2.0 X 0 0 0 Steven Jones Board Member 2.0 X 0 0 0 Tag Birge Board Member 2.0 X 0 0 0 William Zink Board Member (beginning May 2023) 2.0 X 0 0 0 Brian Metcalf CEO/Superintendent (until Dec 2022) 40.0 X 188972 0 7634 Edreece Redmond COO (until Sept 2022) 40.0 X 82105 0 4101 Sandra Tresselt CFO & Interim CEO (from Dec 2022) 40.0 X 128959 0 21942 Alan Smith Principal 40.0 X 108692 0 17121 William Benjamin Director of Security 40.0 X 103410 0 18021 612138 0 68819 4 false true false City Wide Maintenance of Indianapolis PO Box 776101 Chicago IL 60677 Facility cleaning/janitorial 381984 RCR technology Corp 251 North Illinois Street Suite 1150 Indianapolis IN 46204 IT support/technology 227007 Hardon Educational Institute LLC 3737 N Meridian St Suite 203 Indianapolis IN 46208 Nursing Services 152122 Instruction Partners 604 Gallatin Ave Suite 202 Nashville TN 37206 Math instructional support 123663 Everdriven 912 W 1600 S Suite B-104 St George UT 84770 Student transportation 106075 6 325129 15450932 376109 16152170 Other Program Service Revenue 611710 82808 82808 Student Fees 611710 30076 30076 Athletic Fees 611710 26119 26119 Student Lunch 611710 660 660 0 0 0 0 139663 53184 53184 0 0 0 0 22600 325129 72299 -49699 -49699 Insurance proceeds 524298 175246 175246 0 0 0 0 175246 16470564 139663 0 178731 X 10500 10500 345197 345197 6513510 4765219 1748291 74448 36824 37624 532578 381404 151174 498731 349636 149095 257170 257170 121870 121870 1808160 1627987 180173 0 68586 68586 232111 229765 2346 277579 2219 275360 1398632 1258676 139956 523387 523387 708339 637505 70834 587360 528624 58736 135477 121929 13548 Food Purchases 879591 868636 10955 Operational Supplies & equipmet 1047145 877962 169183 Dues & Fees 95834 9982 85852 Dual Credit 24180 24180 27975 7773 20202 0 16168360 12262208 3906152 0 3494866 3952926 648441 832409 0 0 0 0 14178 17842399 5370701 13000051 12471698 0 0 0 0 17157536 17257033 389974 698244 0 6095623 5797502 12692756 12479900 19178353 18975646 X -2098287 -1913342 77470 194729 -2020817 -1718613 17157536 17257033 302204 0 X X false false true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13091524 1636440 11455084 1322202 492941 829261 3300143 3112790 187353 128530 128530 0 12471698 Capital Lease Payable 12479900 12479900 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The racially nondiscriminatory policy is described in the enrollment procedures which are freely distributed to interested families. It is also discussed during all enrollment tours and events. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The School receives grants from the following: - US Department of Education - Indiana Department of Education - Various other state & local grants TOTAL GOVERNMENT GRANTS $15,450,932 Trailblazer Dinner 347729 325129 22600 2855 28233 41211 0 0 347729 325129 22600 2855 28233 41211 72299 -49699 true COLLEGE / UNIVERSITY SCHOLARSHIPS 4 10500 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. All scholarships that are awarded are paid directly to the college/university that the recipient is attending. All scholarship criteria and applications are maintained at the school. X false false false false false false false false false Brian Metcalf CEO/Superintendent (until Dec 2022) 188799 0 0 0 173 0 0 0 7634 0 196606 0 0 0 Sandra Tresselt CFO & Interim CEO (from Dec 2022) 128683 0 0 0 276 0 6696 0 15246 0 150901 0 0 0 Form 990, Part VI, Line 15b PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES Compensation for the other officers of the organization is determined by the CEO/Superintendent using comparability data with input and approval of the Board of Directors. Compensation for other officers was last reviewed during the fiscal year ended June 30, 2023. The COO & CFO received the same percentage increase as was established for all other Network employees. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL Compensation for the organization's Top Management Official is determined using comparability data. This review is documented by the Board of Directors and an employment contract is generated and agreed to by top management. Compensation for the Top Management Official was last reviewed during the fiscal year ended June 30, 2019, when the position of Top Management Official was permanently filled by Dr. Brian Metcalf in July 2019. The Board of Directors utilized comparability data in determining Dr. Metcalf's compensation upon his appointment to the role of Interim CEO and contemporaneously documented this review. Since that point in time, Dr. Metcalf had received the same percentage increase as was established for all other Network employees. Form 990, Part VI, Line 1a Delegate broad authority to a committee According to Article V of the Bylaws, the board of directors shall have the power to designate an Executive Committee, by resolution adopted by a majority of the directors in office. The executive committee, to the extent provided in a resolution of the board of directors, shall have the power to exercise the authority of the board of directors in the management of the corporation; provided, however, that no such committee shall have the authority of the board of directors in reference to amending, altering or repealing the Bylaws; electing, appointing or removing any member of any such committee or any director or officer of the corporation; amending the Articles of Incorporation; adopting a plan of merger or adopting a plan of consolidation with another corporation; authorizing the sale, lease, pledge, exchange or mortgage of all or substantially all of the property and assets of the corporation or revoking proceedings therefore; adopting a plan for the distribution of the assets of the corporation; or amending, altering or repealing any resolution the board of directors which by its terms provides that it shall not be amended, altered or repealed by such committee. The executive committee may not authorize distributions to directors, officers, agents or employees, except in exchange for value received. The executive committee shall not operate to relieve the board of directors, or any individual director, of any responsibility imposed upon it or him or her by law. Members of such an executive committee shall be members of the board of directors, except for any executive director, who shall also serve on this executive committee at the discretion of the board of directors. Form 990, Part VI, Line 5 Diversion of organization assets Tindely Charter Accelerated Schools (TAS) became aware of the potential unwarranted and unauthorized diversion of assets via conversations with and a subpoena served from the United States Attorney's Office for the Northern District of Illinois. TAS hired Ice Miller to comply with the subpoena and conduct an internal investigation into the matter. The investigation revealed that the former CEO - Brian Metcalf (who resigned when the subpoena was served on TAS) had worked with conspirators (outside of TAS) to create "sham" vendors that billed TAS for products and services that were never received. The total amount of the diversion is believed to be approximately $939,000. Metcalf was indicted with his co-conspirators in federal court in late 2023 as a result of these circumstances. TAS is diligently working on being made whole with respect to these amounts, including pursuing claims with its insurance provider. In addition to conducting an internal investigation, TAS hired an outside vendor to conduct a financial risk assessment of TAS in an effort to try and prevent this type of action in the future. The findings and recommendations of this risk assessment/analysis were recently presented to the TAS Board and corrective action is in the process of being taken. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is reviewed and approved by Finance Committee and then presented to the Board of Directors prior to its filing. Form 990, Part VI, Line 12c Conflict of interest policy Conflicts of interest must be disclosed to the Board of Directors for review on an annual basis. The Board will evaluate the impact of the conflict and determine what action, if any, is appropriate. The Board will conduct whatever additional investigation is considered appropriate under the circumstances. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy and financial statements are available upon request. They are also available to the public through the Mayor's Office of Education Innovation which is Tindley's authorizer. Form 990, Part IX, Line 11g Other Fees Substitutes/Tutoring - Total Expense: 146177, Program Service Expense: 146177, Management and General Expenses: , Fundraising Expenses: ; Instruction Services - Total Expense: 500740, Program Service Expense: 478379, Management and General Expenses: 22361, Fundraising Expenses: ; Special Education Services - Total Expense: 125010, Program Service Expense: 125010, Management and General Expenses: , Fundraising Expenses: ; Security - Total Expense: 110845, Program Service Expense: 99760, Management and General Expenses: 11085, Fundraising Expenses: ; Athletics/Extra Curricular - Total Expense: 120211, Program Service Expense: 120211, Management and General Expenses: , Fundraising Expenses: ; Recruitment - Total Expense: 65870, Program Service Expense: , Management and General Expenses: 65870, Fundraising Expenses: ; Nurses - Total Expense: 154643, Program Service Expense: 154643, Management and General Expenses: , Fundraising Expenses: ; Human Resources - Total Expense: 73800, Program Service Expense: , Management and General Expenses: 73800, Fundraising Expenses: ; Training & Development - Total Expense: 440290, Program Service Expense: 440290, Management and General Expenses: , Fundraising Expenses: ; Bond Service - Total Expense: 70574, Program Service Expense: 63517, Management and General Expenses: 7057, Fundraising Expenses: ; Form 990, Part XII, Line 3b Reason organization did not undergo required audit Due to a federal investigation, the FY2022-2023 audit has been delayed but will be scheduled and conducted as required.