2024-05-14T10:01:25-05:00 2023-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2022-07-01 202010941 HERRON HIGH SCHOOL INC HERR 3172310010 110 EAST 16TH ST INDIANAPOLIS IN 46202 ADRIAN MILLER TREASURER 3172310010 2024-05-13 1 ADRIAN MILLER 999009999 0 JAMES R WADE CPA P01256838 3177456411 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ADRIAN MILLER 110 EAST 16TH ST INDIANAPOLIS IN 46202 25217953 0 X WWW.HERRONCLASSICAL.ORG X 2004 IN HERRON HIGH SCHOOL PARTNERS WITH FAMILIES AND THE COMMUNITY TO PROVIDE A CLASSICAL LIBERAL ARTS EDUCATION THAT INTEGRATES KNOWLEDGE, INSPIRES CHARACTER AND VALUES COMMUNITY SERVICE. 18 18 267 48 0 0 21399019 24743676 274936 329038 107436 124561 -564 6714 21780827 25203989 0 0 0 0 12645950 15333236 0 0 888163 5503914 6337234 18149864 21670470 3630963 3533519 21629178 28946699 7850392 11634394 13778786 17312305 HERRON HIGH SCHOOL PARTNERS WITH FAMILIES AND THE COMMUNITY TO PROVIDE A CLASSICAL LIBERAL ARTS EDUCATION THAT INTEGRATES KNOWLEDGE, INSPIRES CHARACTER AND VALUES COMMUNITY SERVICE. 0 0 18046322 340953 HERRON HIGH SCHOOL, INC. (D/B/A HERRON CLASSICAL SCHOOLS) IS A NETWORK OF CHARTER SCHOOLS, OPERATING HERRON HIGH SCHOOL, HERRON-RIVERSIDE HIGH SCHOOL, AND HERRON PREPARATORY ACADEMY. HERRON CLASSICAL SCHOOLS PROVIDES PUBLIC, K-12 EDUCATION THROUGH A CLASSICAL, LIBERAL ARTS CURRICULUM. HCS' CURRICULUM IS STRUCTURED AROUND A HISTORICAL TIMELINE WHICH EMPHASIZES THE CLASSIC ART AND LITERATURE OF MANY CULTURES. FOR THE 2022-2023 SCHOOL YEAR, THE SCHOOLS SERVED OVER 1,500 STUDENTS DURING THE ACADEMIC YEAR. 18046322 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 1 54 0 1 267 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IN X MICHELLE KRAUTER 3172310010 110 EAST 16TH STREET INDIANAPOLIS IN 46202 DAN ROY PRESIDENT, BOARD OF DIRECT 10.00 X X 0 0 0 ADRIAN MILLER TREASURER, BOARD OF DIRECT 5.00 X X 0 0 0 MARY ANN SULLIVAN SECRETARY, BOARD OF DIRECT 5.00 X X 0 0 0 MICHAEL ALLEN DIRECTOR 5.00 X 0 0 0 PATRICK CHITTENDAN DIRECTOR 5.00 X 0 0 0 MINDY CUNNINGHAM DIRECTOR 5.00 X 0 0 0 MEGGIE DIALS DIRECTOR 5.00 X 0 0 0 WILLIAM MCWHIRTER DIRECTOR 5.00 X 0 0 0 CAROLYN MOSBY DIRECTOR 5.00 X 0 0 0 MIGUEL RODRIGUEZ DIRECTOR 5.00 X 0 0 0 BRENDA ROPER DIRECTOR 5.00 X 0 0 0 LIVIA RUSSELL DIRECTOR 5.00 X 0 0 0 DAVID STEELE DIRECTOR 5.00 X 0 0 0 KEITH STEINER DIRECTOR 5.00 X 0 0 0 DAVE STERNBERG DIRECTOR 5.00 X 0 0 0 JOHN WATSON DIRECTOR 5.00 X 0 0 0 CARYL WEST DIRECTOR 5.00 X 0 0 0 ISAAC BAMGBOSE DIRECTOR 5.00 X 0 0 0 JANET H MCNEAL PRESIDENT 40.00 X 136024 0 6853 JULI WOODRUM CHIEF FINANCIAL OFFICER 40.00 X 128100 0 22280 KATIE DORSEY VICE PRESIDENT, ACADEMICS 40.00 X 114314 0 18592 DEBORAH HOOGSTRATE-COONEY VICE PRESIDENT, OPERATIONS 40.00 X 123337 0 19742 ANNE DECKARD HEAD OF SCHOOL, HERRON HIG 40.00 X 126738 0 19159 628513 0 86626 5 0 1 0 0 33407 20134377 4575892 865000 24743676 STUDENT FEES 611600 329038 329038 329038 124561 124561 8763 33407 13964 -5201 -5201 OTHER INCOME 900099 14358 14358 EQUITY LOSS IN SUBSIDIARY 900099 -2443 -2443 11915 25203989 340953 0 119360 1017686 865834 109710 42142 10896323 9270449 1174658 451216 948482 806956 102249 39277 1313592 1117587 141609 54396 1157153 984491 124745 47917 111386 111386 25948 25948 74170 74170 1230958 944750 159499 126709 46928 1162 30864 14902 265018 238014 18532 8472 1629763 1261819 319675 48269 25062 22670 1168 1224 152155 93704 52093 6358 1009959 803464 181000 25495 194081 897 193184 COURSE MATERIALS AND SU 690278 648915 22627 18736 NUTRITIONAL SUPPORT 688571 681665 3905 3001 VEHICLES AND TRANSPORTA 190018 190018 CHARGES AND FEES 2939 2541 349 49 21670470 18046322 2735985 888163 3132315 1857421 415087 400000 1777850 2343965 9352 859 93958 135470 24391670 6918102 9544729 17473568 16938 9986 6638949 6725430 21629178 28946699 1910698 3419144 3182799 2842620 64514 796189 2692381 2692381 0 1884060 7850392 11634394 X 10403048 13512912 3375738 3799393 13778786 17312305 21629178 28946699 3533519 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1384000 1384000 12784563 3404395 9380168 3855659 3426513 429146 6367448 87194 6280254 17473568 NEW MARKET TAX CREDIT NOTE RECEIVABLE 6108240 INVESTMENT IN SUBSIDIARY 319569 DUE FROM RIVERSIDE HIGH SCHOOL REAL ESTATE, LLC 172159 INVESTMENT IN EVERLONG CAPTIVE 125462 6725430 LINE OF CREDIT 1884060 1884060 X 25425396 221407 221407 25203989 0 25203989 22133793 463323 463323 21670470 0 21670470 PART X, LINE 2: PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE ORGANIZATION 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. THE ORGANIZATION HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE TAX YEARS ENDED AFTER JUNE 30, 2019 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 13,964. RHS RE ACTIVITY 207,443. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 13,964. RHS RE ACTIVITY 449,359. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HERRON'S CHARTER AGREEMENTS WITH THE MAYOR'S OFFICE, WHICH ARE PUBLIC DOCUMENTS, STATE OUR RACIALLY NONDISCRIMINATORY POLICIES. HERRON PUBLICIZES THE POLICIES ONLINE. SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVES FEDERAL AND STATE GRANT MONEY TO ACHIEVE ITS STATED MISSION. TOTAL GOVERNMENTAL ASSISTANCE FOR THE FISCAL YEAR IS $20,134,377. SEE PAGE 9 OF FORM 990. MOVIE NIGHT 42170 33407 8763 300 550 5900 176 7038 42170 33407 8763 300 550 5900 176 7038 13964 -5201 1 X X X 0 0 0 0 0 0 0 0 0 JULI WOODRUM CHIEF FINANCIAL OFFICER 128100 0 0 0 0 0 14350 0 7930 0 150380 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON PERFORMANCE AND MARKET COMPARISONS. A INDIANA FINANCE AUTHORITY SERIES 2010 2010-06-30 4000000 SCHOOL CONSTRUCTION 0 0 0 B EDUC FACILITIES REV BONDS - SERIES 2014 2014-04-18 2435000 MORTGAGE REFINANCE 0 0 0 A 1493657 4000000 4000000 0 0 1 1 B 2098723 2435000 2435000 0 0 1 1 A 1 0 0 0 0 0 0 B 1 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 WILLIAM MCWHIRTER BOARD OF DIRECTORS SCHOOL CONSTRUCTION (BONDS) X 284000 46189 0 1 1 JOHN T WATSON BOARD OF DIRECTORS BUILDING ACQUISITION X 750000 750000 0 1 0 796189 CLAUDE MCNEAL PRODUCTIONS COMPANY OWNED BY THE SPOUSE OF PRESIDENT CLAUDE MCNEAL PRODUCTIONS IS CONTRACTED TO RUN AND TEACH HERRON HIGH SCHOOL'S THEATRE DEPARTMENT. THE CONTRACT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. 0 HARRISON CENTER OF THE ARTS EXECUTIVE DIRECTOR OF THE COMPANY IS AN EMERITUS BOARD MEMBER THE SCHOOL HAS AN OPERATING LEASE WITH THE HARRISON CENTER OF THE ARTS. IT IS RENEWED ON AN ANNUAL BASIS. THE LEASE ALLOWS THE SCHOOL TO USE THE CENTER'S GYMNASIUM. 0 X 1 865000 BARGAIN SALE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FIDUCIARY COMMITTEE OF THE BOARD. THE BOARD IS PROVIDED AN OVERVIEW OF THE FORM 990 AND A COPY OF THE FORM IN ADVANCE OF ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AT LEAST AN ANNUAL BASIS, BOARD MEMBERS AND KEY EMPLOYEES ARE ASKED TO DISCLOSE ANY KNOWN POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS AND KEY EMPLOYEES ARE ALSO ASKED TO PROVIDE ANY UPDATED INFORMATION SHOULD ANY POTENTIAL CONFLICTS ARISE THROUGHOUT THE YEAR. IF A POTENTIAL CONFLICT ARISES, THE EXECUTIVE COMMITTEE OF THE BOARD EVALUATES THE IMPACT OF THE INTERESTED PERSON'S FINANCIAL INTEREST, ASSESSES WHETHER A CONFLICT OF INTEREST ARISES FROM THE FINANCIAL INTEREST AND DETERMINES WHAT ACTION, IF ANY, IS NECESSARY TO BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THE COMPENSATION OF THE PRESIDENT BASED ON PERFORMANCE AND MARKET COMPARISONS. THE PRESIDENT AND CHIEF FINANCIAL OFFICER DETERMINE THE COMPENSATION OF ALL OTHER KEY EMPLOYEES WHICH IS APPROVED WITH THE BUDGET BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH INDIANA DEPARTMENT OF EDUCATION AND UPON REQUEST. PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS DURING THE TAX YEAR. HERRON MAIN BUILDING LLC 110 EAST 16TH STREET INDIANAPOLIS IN 46202 208444799 OWN REAL ESTATE IN HERRON HIGH SCHOOL INC HERRON MUSEUM BUILDING LLC 110 EAST 16TH STREET INDIANAPOLIS IN 46202 208082818 LEASING IN HERRON HIGH SCHOOL INC RIVERSIDE HIGH SCHOOL RE MM LLC 110 EAST 16TH STREET INDIANAPOLIS IN 46202 611859110 REAL ESTATE MANAGEMENT IN 205000 9426996 HERRON HIGH SCHOOL INC RIVERSIDE HIGH SCHOOL LLC 110 EAST 16TH STREET INDIANAPOLIS IN 46202 371872559 PUBLIC CHARTER HIGH SCHOOL IN 5665881 6401664 HERRON HIGH SCHOOL INC RIVERSIDE HIGH SCHOOL REAL ESTATE LLC 110 EAST 16TH STREET INDIANAPOLIS IN 46202 823352395 OWN REAL ESTATE IN HERRON HIGH SCHOOL INC