2026-05-14T14:54:55-05:00 2025-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-07-01 822446338 PILOTED SCHOOLS OF INDIANA INC PILO 3174385426 2710 BETHEL AVENUE INDIANAPOLIS IN 46203 LAKISHA MOLIN TREASURER 3174385426 2026-05-14 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2026-05-14 2024 2025-03-06 01:10:19Z LAKISHA MOLIN 2710 BETHEL AVENUE INDIANAPOLIS IN 46203 3408860 0 X WWW.PILOTEDINDIANA.ORG X 2017 IN PILOTED 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. 5 5 51 5 0 0 3025523 3166652 140555 170903 41 0 17706 71305 3183825 3408860 0 0 0 0 2004407 2006754 0 0 0 1511177 1318138 3515584 3324892 -331759 83968 2299757 2103864 2593859 2376951 -294102 -273087 PILOTED 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. 0 0 2603650 242208 THE 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. 2603650 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 51 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X KRIST'N DOWNING 3174385426 2710 BETHEL AVENUE INDIANAPOLIS IN 46203 JENNICA ADKINS PRINCIPAL 40.00 X 84633 0 12845 JADE WELCH PRINCIPAL 40.00 X 74884 0 10460 JACOB TANDY CHAIR 1.00 X X 0 0 0 SARAH DILLINGER SECRETARY 1.00 X X 0 0 0 LAKISHA MOLIN TREASURER 1.00 X X 0 0 0 AUTUMN CARTER BOARD MEMBER 1.00 X 0 0 0 TARA SUMRALL BOARD MEMBER 1.00 X 0 0 0 159517 0 23305 0 0 0 0 0 3166252 400 3166652 STUDENT FEES 611110 170903 170903 170903 OTHER INCOME 900099 71305 71305 71305 3408860 242208 0 0 137346 110427 26919 1635748 1310553 325195 7102 5848 1254 154815 141053 13762 71743 45500 26243 14932 14932 6310 6310 92180 92180 168665 44228 124437 13505 13505 129183 90593 38590 24448 24448 117403 117403 2420 600 1820 118651 118651 244981 244981 31835 31835 FOOD COSTS 187403 187403 STUDENT TRANSPORTATION 132584 132584 DUES AND FEES 13930 9670 4260 STUDENT ACTIVITIES AND 10222 10222 9486 9486 3324892 2603650 721242 0 129239 138783 3 0 115965 130607 4182 1319 3387139 1553984 2050368 1833155 2299757 2103864 65617 182658 2528242 2194293 2593859 2376951 X -294102 -273087 -294102 -273087 2299757 2103864 X 83968 -62953 X X 0 1 X 1 0 X 45000 45000 3058575 1427335 1631240 86038 17803 68235 197526 108846 88680 1833155 REFUNDABLE ADVANCE 18042 FINANCE LEASE OBLIGATION 2176251 2194293 X 3433556 24696 24696 3408860 0 3408860 3349588 24696 24696 3324892 0 3324892 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. THE 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 THE SCHOOL POSTS ITS NON-DISCRIMINATORY POLICY ON ITS PUBLIC WEBSITE AS WELL AS INCLUDES IT IN THE STUDENT HANDBOOK. 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. FORM 990, PART VI, SECTION B, LINE 11B A BOARD REVIEW OF THE 990 IS CONDUCTED DURING THE GOVERNING BOARD'S BI-MONTHLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL 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 15A THE 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 19 GUIDESTAR 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.