2013-05-15T09:47:59-05:00 2012-06-30 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2011-07-01 202010941 HERRON HIGH SCHOOL HERR 3172310010 110 EAST 16TH STREET INDIANAPOLIS IN 46202 KAREN A KENNELLY 3172310010 2013-05-14 1 SCOTT A SCHUSTER P00019243 3175802000 2013-05-14 2011 2016-02-24 21:20:13Z JOANNA TAFT 110 EAST 16TH STREET INDIANAPOLIS IN 46202 5090398 0 X HTTP://WWW.HERRONHIGHSCHOOL.ORG X 2004 IN HERRON HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED IN INDIANAPOLIS PROVIDING A CLASSICAL LIBERAL ARTS COLLEGE PREPARATORY EDUCATION. 14 14 83 40 0 0 3788123 4823759 218992 193999 13088 5710 15370 66930 4035573 5090398 0 0 0 0 2635508 3350106 0 0 244688 1198917 1560840 3834425 4910946 201148 179452 8263347 8892600 6574998 7024799 1688349 1867801 HERRON HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED IN INDIANAPOLIS PROVIDING A CLASSICAL LIBERAL ARTS COLLEGE PREPARATORY EDUCATION. 0 0 3780586 260929 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. IN 2011-2012, 550 STUDENTS WERE ENROLLED IN SCHOOL FOR 180 SCHOOL DAYS. 3780586 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 0 1 32 0 83 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 IN X JULI WOODRUM 3172310010 110 E 16TH STREET INDIANAPOLIS IN 46202 JOHN HAMMOND 1.00 X 0 0 0 ANDREW HART 2.00 X X 0 0 0 KAREN KENNELLY 3.00 X X 0 0 0 WILLIAM MCWHIRTER 1.00 X 0 0 0 LYNN MOLZAN 2.00 X 0 0 0 MARY CATHERINE O'CONNOR 2.00 X X 0 0 0 DONNA OKLAK 2.00 X 0 0 0 PEGGY SABENS 1.00 X 0 0 0 KEITH STEINER 1.00 X 0 0 0 JOANNA TAFT 5.00 X X 0 0 0 JOHN WATSON 2.00 X 0 0 0 PATRICIA GAMBLE-MOORE 1.00 X 0 0 0 DAN BENSON 2.00 X 0 0 0 RYAN STREETER 1.00 X 0 0 0 JANET MCNEAL 40.00 X 95099 0 9722 95099 0 9722 0 0 0 0 BRANDT CONSTRUCTION 330 E ST JOSEPH ST INDIANAPOLIS IN 46202 CONSTRUCTION CONTRACTOR 545158 ARAMARK SCHOOL NUTRITION SERVICES 1635 W MICHIGAN STREET INDIANAPOLIS IN 46222 FOOD SERVICE & LABOR 143981 2 4485277 338482 4823759 STUDENT FEES 611600 193999 193999 193999 5710 5710 OTHER INCOME 611600 66930 66930 66930 5090398 260929 0 5710 126573 63287 31643 31643 2564497 2073277 387220 104000 201037 161634 29150 10253 268827 216137 38980 13710 189172 152094 27430 9648 860 860 66317 66317 138212 49318 80704 8190 9263 9263 41374 33265 5999 2110 444744 357574 64488 22682 12986 9879 3107 132103 106211 19154 6738 247017 198602 35817 12598 38941 31309 5646 1986 FOOD 154404 143570 10834 SUPPLIES 143423 71673 53097 18653 MISCELLANEOUS 52324 30802 20003 1519 TRANSPORTATION 41556 41556 37316 31135 5223 958 4910946 3780586 885672 244688 2345999 1908491 453917 427434 187988 1595927 1860237 19515 22172 5203962 787018 3773322 4416944 74667 69334 8263347 8892600 303355 389321 6271643 6635478 6574998 7024799 X 1668670 1738618 19679 129183 1688349 1867801 8263347 8892600 179452 0 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 307000 307000 3867454 630149 3237305 919746 149860 769886 109762 7009 102753 4416944 5090398 4910946 179452 179452 4811262 0 4811262 279136 279136 5090398 4631810 0 4631810 279136 279136 4910946 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: HERRON HIGH SCHOOL, INC. 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, BUT THERE IS NO INCOME OR EXPENSES RELATED TO THIS ENTITY. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. IN ADDITION, HERRON HIGH SCHOOL, INC. 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 IN FISCAL YEAR 2012. THE SCHOOL FILES U.S. FEDERAL AND STATE OF INDIANA TAX RETURNS. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOOL REVENUE SHOWN NET OF EXPENSES ON FINANCIAL STATEMENTS 279,136. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOOL REVENUE SHOWN NET OF EXPENSES ON FINANCIAL STATEMENTS 279,136. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 ORGANIZATION RECEIVES FEDERAL AND STATE GRANT MONEY TO ACHIEVE ITS STATED MISSION. GOVERNMENTAL ASSISTANCE TOTALS $4,485,277. SEE PAGE 9 OF FORM 990. INDIANA FINANCE AUTHORITY SERIES 2010B 2010-10-15 284000 SCHOOL CONSTRUCTION 0 0 0 INDIANA FINANCE AUTHORITY SERIES 2010 2010-06-30 4000000 SCHOOL CONSTRUCTION 0 0 0 284000 284000 2011 0 0 1 1 4000000 1900000 2100000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CLAUDE MCNEAL PRODUCTIONS COMPANY OWNED BY THE SPOUSE OF THE HEAD OF SCHOOL 29612 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 FORM 990, PART VI, SECTION B, LINE 11 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 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 0 0 HERRON HIGH SCHOOL INC HERRON MUSEUM BUILDING LLC 135 NORTH PENNSYLVANIA STREET INDIANAPOLIS IN 46204 208082818 ACQUIRE, REHABILITATE AND LEASE HERRON MUSEUM BUILDING IN HERRON HIGH SCHOOOL INC RENTAL REAL ESTATE -10 329 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 HERRON MUSEUM BUILDING LLC J 257077 CASH PAID