2026-01-28T12:28:41-06:00 2025-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-07-01 833099267 THE PATH SCHOOL INC PATH 3172264267 653 N SOMERSET AVENUE INDIANAPOLIS IN 46222 ALICIA HERVEY EXECUTIVE DIRECTOR 3172264267 2026-01-27 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2026-01-27 2024 2025-03-06 01:10:19Z ALICIA HERVEY 653 N SOMERSET AVENUE INDIANAPOLIS IN 46222 11693401 0 X WWW.THEPATHSCHOOL.ORG X 2018 IN TO PROVIDE A PURPOSE-DRIVEN, CULTURALLY RESPONSIVE LEARNING ENVIRONMENT THAT CHALLENGES SCHOLARS ACADEMICALLY WHILE SUPPORTING THEIR SOCIAL AND EMOTIONAL GROWTH IN ORDER TO DEVELOP CONSCIENTIOUS CITIZENS WHO TRANSFORM THEIR COMMUNITIES. 8 8 84 20 0 0 10382789 11643172 0 0 33538 36913 23566 13316 10439893 11693401 0 0 0 0 5188493 6199370 0 0 0 3853749 4700744 9042242 10900114 1397651 793287 5742747 5997581 844979 306526 4897768 5691055 TO PROVIDE A PURPOSE-DRIVEN, CULTURALLY RESPONSIVE LEARNING ENVIRONMENT THAT CHALLENGES SCHOLARS ACADEMICALLY WHILE SUPPORTING THEIR SOCIAL AND EMOTIONAL GROWTH IN ORDER TO DEVELOP CONSCIENTIOUS CITIZENS WHO TRANSFORM THEIR COMMUNITIES. 0 0 7672162 13316 THE ENTIRE 7TH AND 8TH GRADE CLASSES VISITED AT LEAST 1 COLLEGE CAMPUS (100%). THE PATH SCHOOL INCREASED IREAD SCORES FROM 51.9 TO 56.1. 100% OF OUR 8TH GRADERS ENROLLED IN 21ST CENTURY SCHOLARS. 7672162 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 84 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 IN X AT FINANCIAL CONSULTING 3172264267 653 N SOMERSET AVENUE INDIANAPOLIS IN 46222 ALICIA HERVEY EXECUTIVE DIRECTOR 40.00 X 144516 0 41611 THEO BRANNUM CHIEF OPERATIONS OFFICER 40.00 X 121442 0 43019 NICOLE WOODSON CHAIR 0.50 X X 0 0 0 ABHILASHA JARORI BOARD MEMBER 0.50 X 0 0 0 AD WILLIAMS BOARD MEMBER 0.50 X 0 0 0 ADAM BURTNER BOARD MEMBER 0.50 X 0 0 0 DAVID HERRON BOARD MEMBER 0.50 X 0 0 0 MELISSA MAYORGA BOARD MEMBER 0.50 X 0 0 0 TIFFANY PETTIGREW BOARD MEMBER 0.50 X 0 0 0 TODD CARPENTER BOARD MEMBER 0.50 X 0 0 0 265958 0 84630 2 0 1 0 VARSITY TUTORS 101 S HANLEY RD CLAYTON MO 63105 PROFESSIONAL DEVELOPMENT AND TRAINING 585900 PRESSED YOUTH CENTER 7067 COPPICE LANE 8200 WHITESTOWN IN 46075 BEFORE AND AFTER CARE 139325 INDY URBAN ARTS 820 E 67TH ST INDIANAPOLIS IN 46220 SUBSTITUTE TEACHERS 119362 3 11223605 419567 11643172 36913 36913 OTHER INCOME 900099 13316 13316 13316 11693401 13316 0 36913 X 287482 166759 120723 4993474 2895395 2098079 160380 93577 66803 349057 229386 119671 408977 212902 196075 45598 45598 931 931 114994 114994 2073360 1674643 398717 14274 14274 722145 628534 93611 135711 135711 238298 238298 39371 39371 90079 90079 54237 54237 FOOD COSTS 688892 687327 1565 STAFF DEVELOPMENT 388066 388066 STUDENT TRANSPORTATION 56089 56089 FIELD TRIPS 36190 36190 2509 2509 10900114 7672162 3227952 0 4940420 4816908 563864 1016776 10000 451773 297876 238463 153897 5742747 5997581 450508 306526 394471 0 844979 306526 X 4897768 5395555 295500 4897768 5691055 5742747 5997581 793287 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 451773 297876 153897 153897 X 14931521 3238120 3238120 11693401 0 11693401 14138234 3238120 3238120 10900114 0 10900114 PART X, LINE 2: THE SCHOOL RECEIVED A DETERMINATION FROM THE U.S. TREASURY DEPARTMENT STATING IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION; HOWEVER, THE SCHOOL WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD NOT BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY 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 SCHOOL EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER JUNE 30, 2021 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FUNDING FROM THE STATE OF INDIANA AS WELL AS GRANT PROGRAMS ENACTED BY THE FEDERAL GOVERNMENT. X X 0 0 0 0 0 0 0 0 0 ALICIA HERVEY EXECUTIVE DIRECTOR 144516 0 0 0 0 0 0 0 41611 0 186127 0 0 0 THEO BRANNUM CHIEF OPERATIONS OFFICER 121442 0 0 0 0 0 8286 0 34733 0 164461 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ALL COPIES ARE MADE AVAILABLE TO THE BOARD BEFORE THE 990 IS FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY APPLICABLE TO DIRECTORS, OFFICERS, AND EMPLOYEES, REQUIRING THEM TO AVOID ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS AND TO DISCLOSE ANY PERSONAL, FINANCIAL, OR BUSINESS INTERESTS THAT COULD IMPAIR IMPARTIAL JUDGMENT. COVERED PERSONS MUST ACT SOLELY IN THE BEST INTERESTS OF THE CORPORATION, REFRAIN FROM ACCEPTING IMPROPER GIFTS OR FAVORS, AND DISCLOSE RELATIONSHIPS OR FINANCIAL INTERESTS INVOLVING ENTITIES DOING BUSINESS WITH THE CORPORATION. INDIVIDUALS WITH A CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM DELIBERATIONS AND VOTING ON RELATED MATTERS. THE BOARD OF DIRECTORS OVERSEES THE IDENTIFICATION, REVIEW, AND RESOLUTION OF CONFLICTS, MAY REQUIRE PERIODIC WRITTEN DISCLOSURES, AND APPROVES ANY RELATED-PARTY TRANSACTIONS WHEN APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS BASED ON EVALUATIONS AND COMPETITIVE INCREASES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G INSTRUCTIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,674,643. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,674,643. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 79,313. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,313. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 319,404. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 319,404. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.