KIPP INDIANAPOLIS INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
KIPP INDIANAPOLIS INC (EIN 30-0145826)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-14
IRS object ID
201921349349301687
Schema version
2017v2.3
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)
Return2019-05-14T08:38:09-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351489521PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GREENWALT CPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15342 W VERMONT STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300145826EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIPP INDIANAPOLIS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKIPPBusinessNameControlTxt
Phone3175475477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 EAST 30TH STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDREW SEIBERTPersonNm
Person TitleSUPERINTENDENT OF SCHOOLSPersonTitleTxt
Phone3175475477PhoneNum
Signature2019-05-03SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMANDA MEKO CPAPreparerPersonNm
PTINP01062615PTIN
Phone3172412999PhoneNum
Preparation2019-05-03PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address75.149.79.53IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-03IPDt
IP Tm07:54:49IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdCB458A3E9F3B824B1DE94C2FF269DEC5518C936EAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANDREW SEIBERTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 EAST 30TH STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,553,761GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.KIPPINDY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionKIPP INDIANAPOLIS, INC. (KIPP INDY) IS A NETWORK OF TUITION-FREE, OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee104TotalEmployeeCnt
Total Volunteers400TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,918,041PYContributionsGrantsAmt
CY Contributions Grants$8,315,884CYContributionsGrantsAmt
PY Program Service Revenue$43,272PYProgramServiceRevenueAmt
CY Program Service Revenue$8,152CYProgramServiceRevenueAmt
PY Investment Income$7PYInvestmentIncomeAmt
CY Investment Income-$1,843CYInvestmentIncomeAmt
PY Other Revenue$120,742PYOtherRevenueAmt
CY Other Revenue$4,718CYOtherRevenueAmt
PY Total Revenue$7,082,062PYTotalRevenueAmt
CY Total Revenue$8,326,911CYTotalRevenueAmt
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$4,490,173PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,407,647CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,263,461PYOtherExpensesAmt
CY Other Expenses$2,369,520CYOtherExpensesAmt
PY Total Expenses$6,753,634PYTotalExpensesAmt
CY Total Expenses$7,777,167CYTotalExpensesAmt
PY Revenues Less Expenses$328,428PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$549,744CYRevenuesLessExpensesAmt
Total Assets BOY$2,204,224TotalAssetsBOYAmt
Total Assets EOY$2,820,746TotalAssetsEOYAmt
Total Liabilities BOY$549,349TotalLiabilitiesBOYAmt
Total Liabilities EOY$758,430TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,654,875NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,062,316NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionKIPP INDY IS A NETWORK OF TUITION-FREE, OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOLS. KIPP INDY'S MISSION IS TO CREATE A NETWORK OF SCHOOLS THAT PROVIDES EDUCATIONALLY UNDERSERVED CHILDREN WITH A RIGOROUS EDUCATION THAT BUILDS THE DESIRE AND ABILITY NECESSARY TO THRIVE IN COLLEGE AND BEYOND.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,846,036ExpenseAmt
Revenue$8,152RevenueAmt
DescTHE ACADEMIC PROGRAM OF THE SCHOOLS IS DESIGNED TO CHALLENGE EVERY STUDENT TO ACHIEVE ON OR ABOVE GRADE LEVEL PERFORMANCE IN ALL ACADEMIC SUBJECTS. WHILE STUDENTS MAY ENTER THE SCHOOLS BELOW GRADE LEVEL IN MANY AREAS, THE SCHOOLS ARE PREPARED FOR THE CHALLENGE OF EQUIPPING STUDENTS WITH THE KNOWLEDGE, SKILLS, AND HABITS NECESSARY FOR SUCCESS IN AN ACADEMICALLY RIGOROUS COLLEGE PREPARATORY HIGH SCHOOL. THE SCHOOLS' CURRICULUMS ARE BASED UPON THE INDIANA ACADEMIC STANDARDS AND ARE TAUGHT RIGOROUSLY TO ENSURE THAT STUDENTS ARE PREPARED FOR A COLLEGE PREPARATORY HIGH SCHOOL UPON COMPLETION OF THE 8TH GRADE. THE SCHOOLS PROVIDE AN AGE-APPROPRIATE CURRICULUM FOR READING, LANGUAGE ARTS, MATH, SCIENCE, AND SOCIAL STUDIES AT EACH GRADE LEVEL AND ALL STUDENTS ARE ENROLLED IN PHYSICAL EDUCATION. TEACHERS ALSO LEAD AN ADVISORY ROLE, WHICH CONSISTS OF INSTRUCTION IN THE VALUES, LIFE SKILLS, AND STUDY SKILLS.Desc
Total Program Service Expenses$4,846,036TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 Required0ScheduleJRequiredInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
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 Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee104EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
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 PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonANDREW SEIBERTPersonNm
Phone3175475477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 EAST 30TH STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BRIAN GARRISON
BOARD MEMBER1.00Yes (X)$0$0$0
ANDRA LIEPA
BOARD MEMBER1.00Yes (X)$0$0$0
REGINA CROSS
BOARD MEMBER1.00Yes (X)$0$0$0
LARRY SABLOSKY
BOARD MEMBER1.00Yes (X)$0$0$0
RYAN VAUGHN
BOARD MEMBER1.00Yes (X)$0$0$0
STANLEY CHEN
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
WENDY YERKES
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN MARTIN
FINANCE CHAIR1.00Yes (X)$0$0$0Yes (X)
BARATO BRITT
BOARD MEMBER1.00Yes (X)$0$0$0
JIM KELLER
BOARD MEMBER1.00Yes (X)$0$0$0
AT SIMPSON
BOARD MEMBER1.00Yes (X)$0$0$0
TIM OAKES
BOARD MEMBER1.00Yes (X)$0$0$0
NICOLE ELAM
BOARD MEMBER1.00Yes (X)$0$0$0
EMILY PELINO
SUPERINTENDENT OF SCHOOLS40.00$131,577$0$12,724Yes (X)
ANDREW SEIBERT
EXECUTIVE DIRECTOR40.00$115,933$0$12,412Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$247,510TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$25,136TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARAMARK
2050 OLIVER AVEINDIANAPOLISIN46221FOOD SERVICES$530,043
PEPPER CONSTRUCTION
1850 W 15TH STINDIANAPOLISIN46202CONSTRUCTION$193,750
DELL MARKETING LP
ONE DELL WAYROUND ROCKTX78682TECHNOLOGY$126,223
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$7,758,494GovernmentGrantsAmt
All Other Contributions$557,390AllOtherContributionsAmt
Noncash Contributions$31,900NoncashContributionsAmt
Total Contributions$8,315,884TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTUDENT FEESDesc
Business611600BusinessCd
Total Revenue Column$8,152TotalRevenueColumnAmt
Related Or Exempt Func Income$8,152RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$8,152TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7TotalRevenueColumnAmt
Exclusion$7ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$225,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$226,850OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$1,850OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,850TotalRevenueColumnAmt
Related Or Exempt Func Income-$1,850RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611600BusinessCd
Total Revenue Column$4,718TotalRevenueColumnAmt
Related Or Exempt Func Income$4,718RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,718OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,326,911TotalRevenueColumnAmt
Related Or Exempt Func Income$11,020RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$7ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$275,283TotalAmt
Program Services$183,522ProgramServicesAmt
Management And General$91,761ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,252,888TotalAmt
Program Services$2,339,485ProgramServicesAmt
Management And General$1,913,403ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$243,346TotalAmt
Program Services$128,508ProgramServicesAmt
Management And General$114,838ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$296,124TotalAmt
Program Services$183,500ProgramServicesAmt
Management And General$112,624ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$340,006TotalAmt
Program Services$201,631ProgramServicesAmt
Management And General$138,375ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,551TotalAmt
Management And General$1,551ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$56,220TotalAmt
Management And General$56,220ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$303,445TotalAmt
Program Services$183,121ProgramServicesAmt
Management And General$120,324ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$34,802TotalAmt
Management And General$34,802ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$90,603TotalAmt
Program Services$82,122ProgramServicesAmt
Management And General$8,481ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$174,874TotalAmt
Program Services$174,874ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,006TotalAmt
Program Services$3,006ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$195,672TotalAmt
Program Services$195,672ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$32,249TotalAmt
Program Services$32,249ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STUDENT MEALS & LUNCHES$523,175$523,175
STUDENT TRANSPORTATION$400,517$400,517
SUPPLIES & MATERIALS$345,379$188,121$157,258
STAFF TRAINING$113,680$113,680

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$94,347TotalAmt
Program Services$26,533ProgramServicesAmt
Management And General$67,814ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,777,167TotalAmt
Program Services$4,846,036ProgramServicesAmt
Management And General$2,931,131ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,004,976BOYAmt
EOY$1,867,871EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$392,929BOYAmt
EOY$363,006EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$45,138BOYAmt
EOY$32,790EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$63,573BOYAmt
EOY$76,697EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,374,628LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$894,246LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$697,608BOYAmt
EOY$480,382EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,204,224BOYAmt
EOY$2,820,746EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$240,599BOYAmt
EOY$482,180EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$308,750BOYAmt
EOY$276,250EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$549,349BOYAmt
EOY$758,430EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,604,882BOYAmt
EOY$1,958,801EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$49,993BOYAmt
EOY$103,515EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,654,875BOYAmt
EOY$2,062,316EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,204,224BOYAmt
EOY$2,820,746EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$549,744ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$142,303PriorPeriodAdjustmentsAmt
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 RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$24,655OtherCostOrOtherBasisAmt
Depreciation$7,974DepreciationAmt
Book Value$16,681BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,020,992OtherCostOrOtherBasisAmt
Depreciation$699,658DepreciationAmt
Book Value$321,334BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$328,981OtherCostOrOtherBasisAmt
Depreciation$186,614DepreciationAmt
Book Value$142,367BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$480,382TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$8,407,537TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$78,776DonatedServicesAndUseFcltsAmt
Revenue Not Reported$78,776RevenueNotReportedAmt
Revenue Subtotal$8,328,761RevenueSubtotalAmt
Other Revenues Not Included-$1,850OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$1,850RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,326,911TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,857,793TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$78,776DonatedServicesUseFcltsAmt
Other Expenses Included$1,850OtherExpensesIncludedAmt
Expenses Not Reported$80,626ExpensesNotReportedAmt
Expenses Subtotal$7,777,167ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,777,167TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:LOSS ON DISPOSAL OF FIXED ASSETS
PART XII, LINE 2D - OTHER ADJUSTMENTS:LOSS ON DISPOSAL OF FIXED ASSETS

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 RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, LINE 3THE ORGANIZATION IS A PUBLIC SCHOOL PURSUANT TO ENABLING STATURE, (IC 20-5 5-2-2), THE ORGANIZATION IS SUBJECT TO ALL FEDERAL AND STATE LAWS THAT PROHIBIT DISCRIMINATION.
SCHEDULE E, LINE 6RECEIVED GOVERNMENTAL GRANTS TO SUPPORT EDUCATION.

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescCOMPUTERSDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$31,900NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BEACH BOARD MEMBER WILL RECEIVE A COPY OF THE RETURN VIA EMAIL TO NOTIFY THEM OF THE CONTENT OF THE FORM AND TO PROVIDE AN OPPORTUNITY FOR FEEDBACK PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICTS OF INTEREST STATEMENTS ARE SIGNED ANNUALLY BY ALL BOARD MEMBERS AND EMPLOYEES. BOARD MEMBERS ARE NOT ALLOWED TO VOTE ON ANY ISSUES IN WHICH THEY HAVE OR APPEAR TO HAVE A CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE DIRECTOR IS EVALUATED ANNUALLY BY THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS DETERMINED FOLLOWING THE FORMAL EVALUATION. COMPENSATION AND REVIEW APPROVAL PROCESS INCLUDING PERFORMANCE APPRAISAL ARE PERFORMED BY AN OFFICER OF THE ORGANIZATION. ALL EMPLOYEES OF THE ORGANIZATION COMPENSATION IS BASED ON OVERALL JOB PERFORMANCE AND BENCH MARKS DETERMINED BY THE EMPLOYEES' MANAGER AND/OR THE OFFICERS OF THE ORGANIZATION. PAY SCALES ARE BASED ON SIMILAR POSITIONS AND PERFORMANCE STANDARDS CONSISTENT FOR OTHER NON-FOR-PROFIT ORGANIZATIONS OF SIMILAR SIZE AND FUNCTION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE DISCUSSED AT BOARD MEETINGS, WHICH ARE OPEN TO THE PUBLIC. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE PUBLIC THROUGH THE FILING OF THE FORM 990. IN ADDITION, FINANCIAL REPORTING IS AVAILABLE THROUGH THE INDIANAPOLIS MAYOR'S OFFICE OF CHARTER SCHOOLS.
PART XII, LINE 2CTHE PROCESS OF THE COMMITTEE FOR AUDIT OVERSIGHT HAS NOT BEEN CHANGED FROM THE PREVIOUS YEAR.

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