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KIPP INDIANAPOLIS INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
KIPP INDIANAPOLIS INC (EIN 30-0145826)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-02
IRS object ID
201741229349301194
Schema version
2015v3.0
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)
Return2017-05-02T14:51:44-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

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 Begin2015-07-01TaxPeriodBeginDt

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
Phone3176379780PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 East 30th StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEmily PelinoPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone3176379780PhoneNum
Signature2017-04-25SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMANDA MEKO CPAPreparerPersonNm
PTINP01062615PTIN
Phone3172412999PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEmily PelinoPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 East 30th StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,403,825GrossReceiptsAmt
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 Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee80TotalEmployeeCnt
Total Volunteers400TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,661,322PYContributionsGrantsAmt
CY Contributions Grants$6,330,090CYContributionsGrantsAmt
PY Program Service Revenue$3,166PYProgramServiceRevenueAmt
CY Program Service Revenue$19,292CYProgramServiceRevenueAmt
PY Investment Income-$289,197PYInvestmentIncomeAmt
CY Investment Income$8CYInvestmentIncomeAmt
PY Other Revenue$19,443PYOtherRevenueAmt
CY Other Revenue$54,435CYOtherRevenueAmt
PY Total Revenue$5,394,734PYTotalRevenueAmt
CY Total Revenue$6,403,825CYTotalRevenueAmt
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$3,320,468PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,976,942CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,886,249PYOtherExpensesAmt
CY Other Expenses$2,027,999CYOtherExpensesAmt
PY Total Expenses$5,206,717PYTotalExpensesAmt
CY Total Expenses$6,004,941CYTotalExpensesAmt
PY Revenues Less Expenses$188,017PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$398,884CYRevenuesLessExpensesAmt
Total Assets BOY$1,455,957TotalAssetsBOYAmt
Total Assets EOY$2,303,668TotalAssetsEOYAmt
Total Liabilities BOY$426,452TotalLiabilitiesBOYAmt
Total Liabilities EOY$875,279TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,029,505NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,428,389NetAssetsOrFundBalancesEOYAmt
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$4,098,671ExpenseAmt
Revenue$19,292RevenueAmt
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$4,098,671TotalProgramServiceExpensesAmt
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 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 Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee80EmployeeCnt
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 Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
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)
PersonEMILY PELINOPersonNm
Phone3175475477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 East 30th StreetAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Brian Garrison
Chair1.00Yes (X)Yes (X)$0$0$0
aNDRA lIEPA
vICE cHAIR1.00Yes (X)Yes (X)$0$0$0
dON pALMER
Finance chair1.00Yes (X)Yes (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 MEMBER1.00Yes (X)$0$0$0
WENDY YERKES
Board Member1.00Yes (X)$0$0$0
JOHN MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
BARATO BRITT
BOARD MEMBER1.00Yes (X)$0$0$0
Emily Pelino
Executive Director40.00Yes (X)$101,892$0$8,245
FieldValueIRS element (for citing)
Total Reportable Comp From Org$101,892TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$8,245TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
REAL TASTE Catering & Event Planning
3960 MEADOWS DRIVEINDIANAPOLISIN46205CATERING$437,376
MASS MUTUAL
1295 STATE STREETSPRINGFIELDMA01111INSURANCE$263,878
ANTHEM
220 VIRGINIA AVEINDIAnapolisIN46204INSURANCE$245,135
IPS
2451 N KEYSTONE AVEINDIAnapolisIN46218EDUCATION$188,781
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$5,727,873GovernmentGrantsAmt
All Other Contributions$602,217AllOtherContributionsAmt
Total Contributions$6,330,090TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Student Fees611600$11,517$11,517
REFUNDS611600$6,227$6,227
ADULT LUNCHES611710$1,548$1,548
FieldValueIRS element (for citing)
Total Program Service Revenue$19,292TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8TotalRevenueColumnAmt
Exclusion$8ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOther incomeDesc
Business611600BusinessCd
Total Revenue Column$54,435TotalRevenueColumnAmt
Related Or Exempt Func Income$54,435RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$54,435OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,403,825TotalRevenueColumnAmt
Related Or Exempt Func Income$73,727RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$8ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$113,517TotalAmt
Program Services$75,678ProgramServicesAmt
Management And General$37,839ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,134,195TotalAmt
Program Services$1,979,762ProgramServicesAmt
Management And General$1,154,433ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$192,926TotalAmt
Program Services$123,203ProgramServicesAmt
Management And General$69,723ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$274,006TotalAmt
Program Services$193,793ProgramServicesAmt
Management And General$80,213ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$262,298TotalAmt
Program Services$169,621ProgramServicesAmt
Management And General$92,677ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,253TotalAmt
Management And General$7,253ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$94,426TotalAmt
Management And General$94,426ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$118,861TotalAmt
Program Services$89,754ProgramServicesAmt
Management And General$29,107ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$27,611TotalAmt
Management And General$27,611ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$29,389TotalAmt
Program Services$6,159ProgramServicesAmt
Management And General$23,230ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,647TotalAmt
Program Services$6,647ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$174,240TotalAmt
Program Services$174,240ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$153TotalAmt
Program Services$27ProgramServicesAmt
Management And General$126ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,269TotalAmt
Program Services$7,269ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$192,052TotalAmt
Program Services$192,052ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$34,478TotalAmt
Program Services$34,478ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Student Meals & Lunches$460,165$460,165
Student Transportation$367,419$367,419
Classroom Expenses$146,815$146,815
staff training$85,319$85,319

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$275,902TotalAmt
Program Services$71,589ProgramServicesAmt
Management And General$204,313ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,004,941TotalAmt
Program Services$4,098,671ProgramServicesAmt
Management And General$1,906,270ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$588,948BOYAmt
EOY$1,036,427EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$222,988BOYAmt
EOY$400,885EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$10,145BOYAmt
EOY$80,000EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$27,001EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$27,321BOYAmt
EOY$52,119EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,247,989LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$540,753LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$606,555BOYAmt
EOY$707,236EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,455,957BOYAmt
EOY$2,303,668EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$135,437BOYAmt
EOY$550,279EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$291,015BOYAmt
EOY$325,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$426,452BOYAmt
EOY$875,279EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,000,775BOYAmt
EOY$1,363,290EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$28,730BOYAmt
EOY$65,099EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,029,505BOYAmt
EOY$1,428,389EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,455,957BOYAmt
EOY$2,303,668EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$398,884ReconcilationRevenueExpnssAmt
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

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)
Investment Cost Or Other Basis$166,973InvestmentCostOrOtherBasisAmt
Depreciation$11,070DepreciationAmt
Book Value$155,903BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$185,663InvestmentCostOrOtherBasisAmt
Depreciation$14,624DepreciationAmt
Book Value$171,039BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$702,933OtherCostOrOtherBasisAmt
Depreciation$359,731DepreciationAmt
Book Value$343,202BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$192,420OtherCostOrOtherBasisAmt
Depreciation$155,328DepreciationAmt
Book Value$37,092BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$707,236TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$6,529,825TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$126,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$126,000RevenueNotReportedAmt
Revenue Subtotal$6,403,825RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,403,825TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,130,941TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$126,000DonatedServicesUseFcltsAmt
Expenses Not Reported$126,000ExpensesNotReportedAmt
Expenses Subtotal$6,004,941ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,004,941TotalExpensesPerForm990Amt

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 O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11EACH 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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