2018-05-15T15:36:04-05:00 2017-06-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2016-07-01 202010941 HERRON HIGH SCHOOL HERR 3172310010 110 EAST 16TH STREET INDIANAPOLIS IN 46202 ADRIAN MILLER TREASURER 3172310010 2018-05-14 1 CASSE TATE P01271193 3175802000 2018-05-14 2016 2022-09-23 18:48:47Z ADRIAN MILLER 110 EAST 16TH STREET INDIANAPOLIS IN 46202 7734277 0 X HTTP://WWW.HERRONHIGHSCHOOL.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. 15 15 166 43 0 0 8026783 7417677 317104 268542 12498 18876 0 29182 8356385 7734277 0 0 0 0 4732687 5573320 61000 50500 500415 2239934 2470115 7033621 8093935 1322764 -359658 13091277 12584637 6388638 6244836 6702639 6339801 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 6470998 297724 HERRON HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED IN DOWNTOWN INDIANAPOLIS, PROVIDING A CLASSICAL LIBERAL ARTS, COLLEGE PREPARATORY EDUCATION. THE SCHOOL'S CURRICULUM IS STRUCTURED AROUND AN ART HISTORY TIMELINE AND EMPHASIZES THE CLASSIC ART AND LITERATURE OF MANY CULTURES. THROUGH AN INTEGRATED CURRICULUM AND CLASSICAL METHODOLOGY, HERRON HIGH SCHOOL BELIEVES THAT ALL STUDENTS CAN LEARN TO THINK LOGICALLY, EXPRESS THEMSELVES CREATIVELY, APPRECIATE AESTHETICS FULLY, AND APPROACH ANY SUBJECT INTELLIGENTLY. 6470998 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 1 40 0 1 166 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X JULI WOODRUM 3172310010 110 EAST 16TH STREET INDIANAPOLIS IN 46202 JOANNA TAFT PRESIDENT 10.00 X X 0 0 0 DAN ROY PART YEAR VP/SECRETARY 5.00 X X 0 0 0 JULIE PERKINS SCOTT PART YEAR VICE PRESIDENT 5.00 X X 0 0 0 KEITH STEINER PART YEAR SECRETARY 5.00 X X 0 0 0 ADRIAN O MILLER TREASURER 5.00 X X 0 0 0 JOHN HAMMOND III DIRECTOR 1.00 X 0 0 0 WILLIAM MCWHIRTER DIRECTOR 1.00 X 0 0 0 LIVIA RUSSELL DIRECTOR 1.00 X 0 0 0 PEGGY SABENS DIRECTOR 1.00 X 0 0 0 JOHN WATSON DIRECTOR 1.00 X 0 0 0 MINDY CUNNINGHAM DIRECTOR 1.00 X 0 0 0 LAURA GRAMMER DIRECTOR 1.00 X 0 0 0 MARK NOTTINGHAM DIRECTOR 1.00 X 0 0 0 DAVID STEELE DIRECTOR 1.00 X 0 0 0 JOE WHITSETT DIRECTOR 1.00 X 0 0 0 JANET H MCNEAL HEAD OF SCHOOL 40.00 X 121144 0 11718 JULI WOODRUM CHIEF FINANCIAL OFFICER 40.00 X 103514 0 10952 224658 0 22670 2 0 0 0 ALADDIN FOOD MANAGEMENT SERVICES LLC 16567 COLLECTIONS CENTER DR CHICAGO IL 60693 FOOD SERVICE 229108 EXECUTIVE IMAGE BUILDING SERVICE INC 500 S POLK STREET SUITE 11 GREENWOOD IN 46143 FACILITIES MANAGEMENT & JANITORIAL 196583 2 6583785 833892 28245 7417677 STUDENT FEES 611600 268542 268542 268542 18876 18876 OTHER INCOME 900099 29182 29182 29182 7734277 297724 0 18876 267909 37381 193147 37381 4152258 3589232 364507 198519 30180 24622 3906 1652 810948 661612 104943 44393 312025 254565 40379 17081 10002 10002 25000 25000 50500 50500 356537 215283 74836 66418 19808 14580 3154 2074 74581 63515 8895 2171 699739 536606 132073 31060 47222 45429 1032 761 142367 107263 29487 5617 364371 273579 76265 14527 63484 47163 13806 2515 COURSE MATERIALS AND SU 310158 274591 15478 20089 NUTRITIONAL SUPPORT 271454 252622 16344 2488 MISCELLANEOUS 49363 36926 9268 3169 VEHICLE AND TRANSPORTAT 36029 36029 8093935 6470998 1122522 500415 1958554 1942789 175000 100000 1143284 1089424 0 15400 37844 41195 11444681 2997179 8605295 8447502 88328 85509 1082972 862818 13091277 12584637 401216 491010 5836061 5614550 151361 139276 6388638 6244836 X 3117774 2858516 3584865 3481285 6702639 6339801 13091277 12584637 -359658 -3180 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 614000 614000 9297615 2572933 6724682 1533066 424246 1108820 8447502 RESTRICTED CERTIFICATES OF DEPOSIT 651054 CONSTRUCTION IN PROGRESS 211764 862818 X 7810503 -3180 79406 76226 7734277 0 7734277 8173341 79406 79406 8093935 0 8093935 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MAIN BUILDING IS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YERAS ENDED JUNE 30, 2017 AND 2016. THE SCHOOL FILES U.S. FEDERAL AND INDIANA INFORMATION TAX RETURNS. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2014. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 HERRON'S CHARTER AGREEMENT WITH THE MAYOR'S OFFICE, WHICH IS A PUBLIC DOCUMENT, STATES OUR RACIALLY NONDISCRIMINATORY POLICY; THEREFORE HERRON DOES NOT PUBLICIZE THE POLICY THROUGH NEWSPAPER OR BROADCAST MEDIA. 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 $6,583,785. SEE PAGE 9 OF FORM 990 X X X X 1 LORING STERNBERG ASSOCIATES 7757 HOOVER ROAD INDIANAPOLIS IN 46260 FUNDRAISING CONSULTANTS 0 0 50500 -50500 50500 -50500 A INDIANA FINANCE AUTHORITY SERIES 2010 2010-06-30 4000000 SCHOOL CONSTRUCTION 0 0 0 B EDUC FACILITIES REV BONDS - SERIES 201 2014-04-18 2435000 MORTGAGE REFINANCE 0 0 0 A 4000000 4000000 0 0 1 1 B 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 139276 0 1 1 139276 CLAUDE MCNEAL PRODUCTIONS COMPANY OWNED BY THE SPOUSE OF THE HEAD OF SCHOOL 55858 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 THE BOARD PRESIDENT 25012 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 28245 FAIR MARKET VALUE 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 HEAD OF SCHOOL BASED ON PERFORMANCE AND MARKET COMPARISONS. THE HEAD OF SCHOOL 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. FORM 990, PART XII, LINE 2C: THE FIDUCIARY COMMITTEE OVERSEES THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR 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 2376794 HERRON HIGH SCHOOL INC