2011-06-16T07:28:07-04:00 2010-07-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2009-08-01 352050595 The Oaks Academy Inc OAKS 3179313043 2301 N Park Avenue Indianapolis IN 46205 Andrew Hart 3179313043 2011-06-15 true Nicole B Fishback 3173834000 2009 2016-02-24 21:20:13Z ANDREW HART 2301 N PARK AVENUE INDIANAPOLIS IN 46205 3813562 false X WWW.THEOAKSACADEMY.ORG X 1998 IN TO PROVIDE A CHRIST-CENTERED SCHOOL THAT EXISTS TO PROVIDE A RICH, CLASSICAL EDUCATION TO CHILDREN OF DIVERSE RACIAL AND SOCIOECONOMIC BACKGROUNDS. X 23 22 46 23 0 0 1547899 1091068 2175469 2600056 7068 -660 57472 0 3787908 3690464 1160488 3419765 0 0 1663333 1717569 0 0 111056 683234 881869 3507055 6019203 280853 -2328739 2924820 481518 573090 458527 2351730 22991 THE OAKS ACADEMY OFFERS AN ISACS (INDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES) ACCREDITED LIBERAL ARTS EDUCATION FOR STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE. THE MISSION OF THE OAKS IS TO BE A CHRIST-CENTERED SCHOOL THAT PROVIDES A RICH, CLASSICAL EDUCATION TO CHILDREN OF DIVERSE RACIAL AND SOCIOECONOMIC BACKGROUNDS, PREPARING THEM TO SUCCEED IN A RIGOROUS SECONDARY EDUCATIONAL PROGRAM AND TO DEMONSTRATE SPIRITUAL, SOCIAL AND EMOTIONAL MATURITY. false false 5514060 3419765 2600056 INSTRUCTION FOR GRADES PRE-K THROUGH GRADE 8 (EDUCATING APPROXIMATELY 341 STUDENTS). 5514060 true true false false false false false false true true false true true false false false false false false false false true true false false false false true false false false false true false false true false true true false false true 23 0 true 46 true false false false false false false false false false 23 22 false false false false false false false true true false false false true true true false true true true false IN X ANDREW HART 3179313043 2301 N PARK AVENUE INDIANAPOLIS IN 46205 AMY ALLY 2.0 X 0 0 0 BRYAN BRENNER 2.0 X 0 0 0 JIM COTTERILL 2.0 X 0 0 0 PHIL EDWARDS 2.0 X 0 0 0 MAYA GLENN 2.0 X 0 0 0 HENRY JANZEN 2.0 X 0 0 0 LACY JOHNSON 2.0 X 0 0 0 KURT MAHRDT 2.0 X 0 0 0 GREG PADGETT 2.0 X 0 0 0 RAMONA POWELL 2.0 X 0 0 0 DICK QUIRIN 2.0 X 0 0 0 DONNA ROMACK 2.0 X 0 0 0 TOM SAMS 2.0 X 0 0 0 LARRY SMITH 2.0 X 0 0 0 JOANNA TAFT 2.0 X 0 0 0 BENITA THOMASSON 2.0 X 0 0 0 JUDY WARREN 2.0 X 0 0 0 STEVE WEYRETER 2.0 X 0 0 0 AMY WILSON 2.0 X 0 0 0 JOHN MYRLAND 2.0 X X 0 0 0 DAVE SMITSON 2.0 X X 0 0 0 MARC MOSS 2.0 X X 0 0 0 LAYNE HOEKEMA 2.0 X X 0 0 0 ANDREW HART 40.0 X 91855 0 11448 ELIZABETH HAMILTON 40.0 X 44424 0 11957 KARI STROUP 40.0 X 27581 0 1350 163860 0 24755 0 false false false 0 10772 1080296 37724 1091068 TUITION AND FEES 611600 2377396 2377396 STUDENT ACTIVITY FEES 611710 64968 64968 AUXILIARY SERVICES 611710 58121 58121 OTHER REVENUE 900099 14074 14074 RENTAL INCOME 531120 85497 85497 2600056 907 907 0 0 121531 123098 -1567 -1567 -1567 0 0 0 0 3690464 2600056 -660 2129080 2129080 1290685 1290685 0 0 188615 151285 27518 9812 0 1253035 1005041 182808 65186 1801 1261 450 90 159273 138540 14254 6479 114845 80392 28711 5742 0 4111 4111 43645 43645 0 0 0 80324 73783 6541 0 72940 41440 25806 5694 0 0 242971 224913 12899 5159 0 0 10105 1647 7273 1185 0 0 97359 91374 4275 1710 13039 12126 652 261 PROGRAM EXPENSE 136060 134542 1518 EDUCATIONAL MATERIALS 61878 61878 DEVELOPMENT EXPENSE 37150 6259 22741 8150 BAD DEBT EXPENSE 44419 44419 DUES & SUBSCRIPTIONS 1514 1135 303 76 36354 24260 10582 1512 6019203 5514060 394087 111056 100 100 422917 326964 784350 50000 38253 13942 1799 333 451550 361371 1677401 90179 2924820 481518 143162 96028 249928 282499 180000 80000 573090 458527 X 1636814 -15098 713083 36256 1833 1833 2351730 22991 2924820 481518 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6126 -48 6078 6173 -47 6126 1.00000 false false 451550 361371 90179 90179 3690464 6019203 -2328739 -2328739 2415929 16150 16150 2399779 1290685 1290685 3690464 4744668 16150 16150 4728518 1290685 1290685 6019203 INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE OAKS HOLDS AN INVESTMENT IN PERPETUITY, THE INCOME OF WHICH IS EXPENDABLE TO SUPPORT SCHOLARSHIPS. FIN 48 Disclosure Schedule D, Part X Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. OTHER ADJUSTMENTS Schedule D, Parts XII & XIII, Line 4b Scholarships and grants-in-aid = 1,290,685 true true true PUBLICIZE IN THE INDIANAPOLIS STAR NEWSPAPER. true true true true false false false false false false false false true false ASSISTANCE FOR FREE AND REDUCED LUNCH PROGRAM, TITLE I FUNDED EDUCATIONAL SUPPORT. true true The Oaks Community Center 2301 N Park Avenue Indianapolis IN 46205 261529969 501(c)(3) 2129080 Book Value & Cost Building & Land TOCC was formed to own, manage and maintain the facility at 23rd and Park for The Oaks Academy and other non-profit tenants. As a separate entity, TOCC provides a legal buffer for the school, allowing it to function with a separate set of books and mission statement. 1 FINANCIAL ASSISTANCE FOR TUITION 157 1290855 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. PART I, LINE 2. THE BOARD CONDUCTS REGULAR QUARTERLY REVIEWS OF FINANCIAL REPORTS TO ENSURE APPROPRIATE USE OF GRANT FUNDS. PURPOSE OF GRANT SCHEDULE I, PART II, LINE 1, COLUMN H TOCC was formed to own, manage and maintain the facility at 23rd and Park for The Oaks Academy and other non-profit tenants. As a separate entity, TOCC provides a legal buffer for the school, allowing it to function with a separate set of books and mission statement. TARIK MAYA GLENN BUILDING LOAN X 80000 80000 false true true 80000 X 1308 Cost X 2 3650 COST X 11 1609 COST X OFFICE SUPPLIES 21 4661 COST X PRINTING & PUBLICATION 1 7500 COST X SCIENCE ROOM 2 18500 REPLACEMENT COST X TICKETS 2 496 COST false true false LAND 2010-07-31 259057 BOOK VALUE 261529969 THE OAKS COMMUNITY CENTER 2301 N PARK AVE INDIANAPOLIS IN 46205 501(C)3 BUILDING & LAND IMPROVEMENTS 2010-07-31 1265357 BOOK VALUE 261529969 THE OAKS COMMUNITY CENTER 2301 N PARK AVE INDIANAPOLIS IN 46205 501(C)3 true false false false SCHEDULE N, PART II, QUESTION 2E DIRECTOR OR TRUSTEE OF SUCCESSOR ORGANIZATION ELIZABETH HAMILTON, DIRECTOR OF ADMINISTRATION FOR THE OAKS ACADEMY HANDLES MOST LEASING INFORMATION FOR THE BUILDING UNDER THE OAKS COMMUNITY CENTER. ANDREW HART, HEAD OF SCHOOL IS CHAIRMAN OF THE BOARD FOR THE OAKS COMMUNITY CENTER. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11a THE FINANCE COMMITTEE OF THE BOARD WILL REVIEW AND REPORT THEIR OPINION TO THE FULL BOARD AT THE NEXT BOARD MEETING. FINANCE COMMITTEE MEMBERS WILL BE ISSUED COPIES OF THE 990. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C THE CONFLICT OF INTEREST QUESTIONNAIRE IS PROVIDED ANNUALLY AT THE BOARD RETREAT. THE HEAD OF SCHOOL AND BOARD CHAIR REVIEW THE RESPONSES AND DETERMINE THE APPROPRIATE ACTION. ANY BOARD MEMBER WITH A CONFLICT OF INTEREST DOES NOT PARTICIPATE IN DECISION-MAKING OR VOTE ON THE RELATED TOPIC. WHISTLEBLOWER POLICY FORM 990, PART VI, LINE 13 THE OAKS ACADEMY ADOPTED A WHISTLEBLOWER POLICY FOR THE 2010-2011 SCHOOL YEAR IN AUGUST 2010. REVIEW OF TOP MANAGEMENT AND OTHER OFFICER OR KEY EMPLOYEES COMPENSATION FORM 990, PART VI, QUESTION 15A & 15B USING COMPARABLE DATA FROM ISACS, THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE HEAD OF SCHOOL'S COMPENSATION. THE LAST REVIEW WAS CONDUCTED IN MAY 2011. THE BUDGET, EXECUTIVE, AND FINANCE COMMITTEES REVIEW AND APPROVE OFFICER COMPENSATION. THE LAST REVIEW WAS CONDUCTED IN APRIL - JUNE 2011. DISCUSSION OF COMPENSATION IS NOTED IN THE BOARD'S MINUTES. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FORM 990, PART VI, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO ALL THOSE WHO AWARD THE ACADEMY A GRANT. AN ANNUAL REPORT IS COMPILED AND SENT OUT TO DONORS EACH FISCAL YEAR. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE OAKS COMMUNITY CENTER 2301 N PARK AVENUE INDIANAPOLIS IN 46205 261529969 RENT FACILITY IN 501(C)(3) 7 THE OAKS ACA true THE OAKS COMMUNITY CENTER B 2129080