PILOTED SCHOOLS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
PILOTED SCHOOLS INC (EIN 82-2446338)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-14
IRS object ID
202611349349309566
Schema version
2024v5.5
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)
Return2026-05-14T14:54:55-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351356555PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DONOVAN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15151 E US HWY 36AddressLine1Txt
CityAVONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46123ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822446338EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PILOTED SCHOOLS OF INDIANA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPILOBusinessNameControlTxt
Phone3174385426PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12710 BETHEL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46203ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAKISHA MOLINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3174385426PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonABIGAIL HEDGES CPAPreparerPersonNm
PTINP02058156PTIN
Phone3177456411PhoneNum
Preparation2026-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAKISHA MOLINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12710 BETHEL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46203ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,408,860GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PILOTEDINDIANA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionPILOTED SCHOOLS IS AN ELEMENTARY CHARTER SCHOOL FOCUSED ON EMPOWERING STUDENTS IN THE WAY THEY SEEM THEMSELVES THROUGH A MODEL OF SOCIAL IDENTITY DEVELOPMENT, CIVIC ENGAGEMENT, AND ACADEMIC EXCELLENCE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee51TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,025,523PYContributionsGrantsAmt
CY Contributions Grants$3,166,652CYContributionsGrantsAmt
PY Program Service Revenue$140,555PYProgramServiceRevenueAmt
CY Program Service Revenue$170,903CYProgramServiceRevenueAmt
PY Investment Income$41PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$17,706PYOtherRevenueAmt
CY Other Revenue$71,305CYOtherRevenueAmt
PY Total Revenue$3,183,825PYTotalRevenueAmt
CY Total Revenue$3,408,860CYTotalRevenueAmt
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$2,004,407PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,006,754CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,511,177PYOtherExpensesAmt
CY Other Expenses$1,318,138CYOtherExpensesAmt
PY Total Expenses$3,515,584PYTotalExpensesAmt
CY Total Expenses$3,324,892CYTotalExpensesAmt
PY Revenues Less Expenses-$331,759PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$83,968CYRevenuesLessExpensesAmt
Total Assets BOY$2,299,757TotalAssetsBOYAmt
Total Assets EOY$2,103,864TotalAssetsEOYAmt
Total Liabilities BOY$2,593,859TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,376,951TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$294,102NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$273,087NetAssetsOrFundBalancesEOYAmt
MissionPILOTED SCHOOLS IS AN ELEMENTARY CHARTER SCHOOL FOCUSED ON EMPOWERING STUDENTS IN THE WAY THEY SEEM THEMSELVES THROUGH A MODEL OF SOCIAL IDENTITY DEVELOPMENT, CIVIC ENGAGEMENT, AND ACADEMIC EXCELLENCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,603,650ExpenseAmt
Revenue$242,208RevenueAmt
DescTHE CHARTER WAS EFFECTIVE THROUGH JUNE 30, 2025, AT WHICH TIME THE SCHOOL ESTABLISHED PLANS TO DISSOLVE THE LEGAL ENTITY PILOTED SCHOOLS OF INDIANA, INC. D/B/A BETHEL PARK ELEMENTARY. THE SCHOOL SERVED APPROXIMATELY 225 STUDENTS IN KINDERGARTEN THROUGH SIXTH GRADE DURING THE 2024-2025 SCHOOL YEAR (215 STUDENTS DURING THE 2023-2024 SCHOOL YEAR). THE SCHOOL CLOSED EFFECTIVELY AT THE END OF THE 2024-2025 SCHOOL YEAR AS LIQUIDATION WAS DEEMED IMMINENT BY MANAGEMENT. THE DISSOLUTION PROCEDURES OUTLINED IN THE SCHOOL'S ARTICLES OF INCORPORATION REQUIRE THE TRANSFER OF ANY REMAINING ASSETS TO ANOTHER NONPROFIT ORGANIZATION SELECTED BY THE BOARD OF DIRECTORS AND ORGANIZED WITH A SIMILAR PURPOSE AS THE SCHOOL.Desc
Total Program Service Expenses$2,603,650TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
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 Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee51EmployeeCnt
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
DAF Excess Business Holdings0DAFExcessBusinessHoldingsInd
Taxable Distributions0TaxableDistributionsInd
Distribution To Donor0DistributionToDonorInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KRIST'N DOWNINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3174385426PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12710 BETHEL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46203ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JENNICA ADKINS
PRINCIPAL40.00Yes (X)$84,633$0$12,845
JADE WELCH
PRINCIPAL40.00Yes (X)$74,884$0$10,460
JACOB TANDY
CHAIR1.00Yes (X)$0$0$0Yes (X)
SARAH DILLINGER
SECRETARY1.00Yes (X)$0$0$0Yes (X)
LAKISHA MOLIN
TREASURER1.00Yes (X)$0$0$0Yes (X)
AUTUMN CARTER
BOARD MEMBER1.00$0$0$0Yes (X)
TARA SUMRALL
BOARD MEMBER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$159,517TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$23,305TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$3,166,252GovernmentGrantsAmt
All Other Contributions$400AllOtherContributionsAmt
Total Contributions$3,166,652TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTUDENT FEESDesc
Business611110BusinessCd
Total Revenue Column$170,903TotalRevenueColumnAmt
Related Or Exempt Func Income$170,903RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$170,903TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$71,305TotalRevenueColumnAmt
Related Or Exempt Func Income$71,305RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$71,305OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,408,860TotalRevenueColumnAmt
Related Or Exempt Func Income$242,208RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$137,346TotalAmt
Program Services$110,427ProgramServicesAmt
Management And General$26,919ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,635,748TotalAmt
Program Services$1,310,553ProgramServicesAmt
Management And General$325,195ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,102TotalAmt
Program Services$5,848ProgramServicesAmt
Management And General$1,254ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$154,815TotalAmt
Program Services$141,053ProgramServicesAmt
Management And General$13,762ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$71,743TotalAmt
Program Services$45,500ProgramServicesAmt
Management And General$26,243ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$14,932TotalAmt
Management And General$14,932ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,310TotalAmt
Management And General$6,310ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$92,180TotalAmt
Management And General$92,180ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$168,665TotalAmt
Program Services$44,228ProgramServicesAmt
Management And General$124,437ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,505TotalAmt
Management And General$13,505ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$129,183TotalAmt
Program Services$90,593ProgramServicesAmt
Management And General$38,590ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$24,448TotalAmt
Program Services$24,448ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$117,403TotalAmt
Program Services$117,403ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,420TotalAmt
Program Services$600ProgramServicesAmt
Management And General$1,820ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$118,651TotalAmt
Program Services$118,651ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$244,981TotalAmt
Program Services$244,981ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$31,835TotalAmt
Management And General$31,835ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD COSTS$187,403$187,403
STUDENT TRANSPORTATION$132,584$132,584
DUES AND FEES$13,930$9,670$4,260
STUDENT ACTIVITIES AND$10,222$10,222

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,486TotalAmt
Program Services$9,486ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,324,892TotalAmt
Program Services$2,603,650ProgramServicesAmt
Management And General$721,242ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$129,239BOYAmt
EOY$138,783EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$115,965BOYAmt
EOY$130,607EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,182BOYAmt
EOY$1,319EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,387,139LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,553,984LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,050,368BOYAmt
EOY$1,833,155EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,299,757BOYAmt
EOY$2,103,864EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$65,617BOYAmt
EOY$182,658EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,528,242BOYAmt
EOY$2,194,293EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,593,859BOYAmt
EOY$2,376,951EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$294,102BOYAmt
EOY-$273,087EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$294,102BOYAmt
EOY-$273,087EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,299,757BOYAmt
EOY$2,103,864EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$83,968ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$62,953OtherChangesInNetAssetsAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,000OtherCostOrOtherBasisAmt
Book Value$45,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,058,575OtherCostOrOtherBasisAmt
Depreciation$1,427,335DepreciationAmt
Book Value$1,631,240BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$86,038OtherCostOrOtherBasisAmt
Depreciation$17,803DepreciationAmt
Book Value$68,235BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$197,526OtherCostOrOtherBasisAmt
Depreciation$108,846DepreciationAmt
Book Value$88,680BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,833,155TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
REFUNDABLE ADVANCE$18,042
FINANCE LEASE OBLIGATION$2,176,251
FieldValueIRS element (for citing)
Total Liability$2,194,293TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,433,556TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$24,696DonatedServicesAndUseFcltsAmt
Revenue Not Reported$24,696RevenueNotReportedAmt
Revenue Subtotal$3,408,860RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,408,860TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,349,588TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$24,696DonatedServicesUseFcltsAmt
Expenses Not Reported$24,696ExpensesNotReportedAmt
Expenses Subtotal$3,324,892ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,324,892TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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. THE TAX YEARS ENDED AFTER JUNE 30, 2021 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.ExplanationTxt

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, PART I, LINE 3THE SCHOOL POSTS ITS NON-DISCRIMINATORY POLICY ON ITS PUBLIC WEBSITE AS WELL AS INCLUDES IT IN THE STUDENT HANDBOOK.
SCHEDULE E, PART I, LINE 6AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FUNDING FROM THE STATE OF INDIANA AS WELL AS GRANT PROGRAMS ENACTED BY THE FEDERAL GOVERNMENT.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA BOARD REVIEW OF THE 990 IS CONDUCTED DURING THE GOVERNING BOARD'S BI-MONTHLY BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS AND KEY EMPLOYEES HAVE A DUTY TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTERESTS. AFTER DISCLOSURE, THE PERSON OF INTEREST LEAVES THE BOARD MEETING WHILE THE BOARD MEETS TO DISCUSS AND VOTE TO DETERMINE IF THE CONFLICT OF INTEREST EXISTS. THE PERSON OF INTEREST MAY MAKE A PRESENTATION DURING THE GOVERNANCE MEETING.
FORM 990, PART VI, SECTION B, LINE 15ATHE CEO IS AN ADVISORY, EX OFFICIO NON-VOTING MEMBER OF THE BOARD, AND IS THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION. HE OR SHE SHALL HAVE SUCH POWERS AND DISCHARGE SUCH DUTIES AS MAY BE ASSIGNED TO HIM OR HER FROM TIME TO TIME BY THE BOARD. THE TERM OF OFFICE OF THE CEO SHALL BE SUCH TERM AS SET BY THE BOARD. THE ANNUAL SALARY PAID TO THE CEO SHALL BE DETERMINED BY THE BOARD. SALARIES OF OTHER KEY OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE CEO. THE BOARD WILL TYPICALLY REVIEW ENROLLMENT GOALS VS. ACTUAL, MARKET COMPENSATION FOR OTHER CEOS, ETC. WHEN DETERMINING THE SALARY. THE BOARD WILL ALSO WEIGH FINANCIAL RESOURCES AND PROJECTED BUDGET TO DETERMINE WHAT IS REASONABLE.
FORM 990, PART VI, SECTION C, LINE 19GUIDESTAR AND UPON REQUEST.
FORM 990, PART XI, LINE 9:ADJUSTMENT TO LIQUIDATION BASIS -62,953.
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.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.