2012-05-15T13:03:47-05:00 2011-06-30 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 462400857 990 2010-07-01 202010941 HERRON HIGH SCHOOL INC HERR 3172310010 110 EAST 16TH STREET INDIANAPOLIS IN 46202 KAREN A KENNELLY 3172310010 2012-05-14 1 3175802000 2012-05-14 2010 2016-02-24 21:20:13Z JOANNA TAFT 110 EAST 16TH STREET INDIANAPOLIS IN 46202 4035573 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. 13 13 65 40 0 0 3995434 3788123 109279 218992 3338 13088 83032 15370 4191083 4035573 0 0 0 0 2602039 2635508 0 0 44693 1077168 1198917 3679207 3834425 511876 201148 7743320 8263347 6160910 6574998 1582410 1688349 HERRON HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED IN INDIANAPOLIS PROVIDING A CLASSICAL LIBERAL ARTS COLLEGE PREPARATORY EDUCATION. 0 0 3057031 234362 HERRON HIGH SCHOOL IS A PUBLIC CHARTER SCHOOL LOCATED IN DOWNTOWN INDIANAPOLIS, PROVIDIGNG 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 2010-2011, 467 STUDENTS WERE ENROLLED IN SCHOOL FOR 180 SCHOOL DAYS. 3057031 1 1 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 20 0 65 1 0 0 0 0 0 0 0 0 0 0 X 13 13 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 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 2.00 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 3.00 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 JANET MCNEAL 40.00 X 90748 0 9534 90748 0 9534 0 0 0 0 BRANDT CONSTRUCTION 330 E ST JOSEPH ST INDIANAPOLIS IN 46202 CONSTRUCTION CONTRACTOR 2138893 RATIO ARCHITECTS 107 SOUTH PENNSYLVANIA ST INDIANAPOLIS IN 46204 ARCHITECTURAL SERVICES 123018 2 3681579 106544 3788123 STUDENT FEES 611600 218992 218992 218992 13088 13088 OTHER INCOME 611600 15370 15370 15370 4035573 234362 0 13088 110189 33057 66113 11019 1979553 1662987 306673 9893 187588 154751 31211 1626 211373 171212 38047 2114 146805 118912 26425 1468 45295 45295 114700 42093 72607 4443 4168 275 23753 19002 4038 713 396475 337004 47577 11894 2304 2304 79503 78713 632 158 193579 164542 23229 5808 SUPPLIES 120256 74898 45358 FOOD 115780 115780 TRANSPORTATION 42049 42049 PRINTING 20426 15917 4509 TRAINING 19278 19278 21076 2668 18408 3834425 3057031 732701 44693 234266 2345999 4425729 453917 1552878 1595927 3342 19515 4318657 545335 1443642 3773322 83463 74667 7743320 8263347 265673 303355 39249 5855988 6271643 6160910 6574998 X 1121623 1668670 460787 19679 1582410 1688349 7743320 8263347 X 201148 -95209 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 307000 307000 3256521 442684 2813837 681234 92605 588629 73902 10046 63856 3773322 4035573 3834425 201148 -95209 -95209 105939 3756268 0 3756268 279305 279305 4035573 3555120 0 3555120 279305 279305 3834425 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 2011. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOOL REVENUE SHOWN NET OF EXPENSES ON FINANCIAL STATEMENTS 279,305. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOOL REVENUE SHOWN NET OF EXPENSES ON FINANCIAL STATEMENTS 279,305. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 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. 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 30000 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 TREASURER OF THE BOARD AND THE CORPORATE TREASURER. THE BOARD IS PROVIDED A COPY OF THE RETURN VIA EMAIL BEFORE IT IS FILED. 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 BUSINESS MANAGER DETERMINE THE COMPENSATION OF ALL OTHER KEY EMPLOYEES WHICH IS APPROVED WITH THE BUDGET BY THE BOARD. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -95,209. 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 -69 32778 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 219469 CASH PAID