BELIEVE SCHOOLS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BELIEVE SCHOOLS INC (EIN 83-3062439)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-05
IRS object ID
202631259349300518
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)
Return2026-05-05T07:21:13-05:00ReturnTs
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)
EIN833062439EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BELIEVE CIRCLE CITY HIGH SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBELIBusinessNameControlTxt
Phone3172961954PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 NORTH CAPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIMBERLY NEAL-BRANNUMPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3176432523PhoneNum
Signature2026-05-04SignatureDt
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
Preparation2026-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKIMBERLY NEAL-BRANNUMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 NORTH CAPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,267,189GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BELIEVESCHOOLS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionBELIEVE CIRCLE CITY HIGH SCHOOL IS A PUBLIC COLLEGE AND CAREER PREPARATORY HIGH SCHOOL DEDICATED TO THE ACHIEVEMENT OF STUDENTS IN THE INDIANAPOLIS AREA. OUR MISSION IS TO DEVELOP STUDENTS INTO LEADERS THROUGH A COMMUNITY THAT FOSTERS THEIR AGENCY, AUTONOMY, AND ACCELERATION PROVIDING A FOUNDATION FOR FUTURE INDEPENDENCE AND SUCCESS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee50TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,817,612PYContributionsGrantsAmt
CY Contributions Grants$6,166,303CYContributionsGrantsAmt
PY Program Service Revenue$24,219PYProgramServiceRevenueAmt
CY Program Service Revenue$35,123CYProgramServiceRevenueAmt
PY Investment Income$151PYInvestmentIncomeAmt
CY Investment Income$17,598CYInvestmentIncomeAmt
PY Other Revenue$212,226PYOtherRevenueAmt
CY Other Revenue$48,165CYOtherRevenueAmt
PY Total Revenue$5,054,208PYTotalRevenueAmt
CY Total Revenue$6,267,189CYTotalRevenueAmt
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$2,469,034PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,492,788CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,429,569PYOtherExpensesAmt
CY Other Expenses$3,437,373CYOtherExpensesAmt
PY Total Expenses$5,898,603PYTotalExpensesAmt
CY Total Expenses$5,930,161CYTotalExpensesAmt
PY Revenues Less Expenses-$844,395PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$337,028CYRevenuesLessExpensesAmt
Total Assets BOY$3,943,509TotalAssetsBOYAmt
Total Assets EOY$4,536,840TotalAssetsEOYAmt
Total Liabilities BOY$4,152,119TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,408,422TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$208,610NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$128,418NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBELIEVE CIRCLE CITY HIGH SCHOOL IS A PUBLIC COLLEGE AND CAREER PREPARATORY HIGH SCHOOL DEDICATED TO THE ACHIEVEMENT OF STUDENTS IN THE INDIANAPOLIS AREA. OUR MISSION IS TO DEVELOP STUDENTS INTO LEADERS THROUGH A COMMUNITY THAT FOSTERS THEIR AGENCY, AUTONOMY, AND ACCELERATION PROVIDING A FOUNDATION FOR FUTURE INDEPENDENCE AND SUCCESS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,396,150ExpenseAmt
Revenue$83,288RevenueAmt
DescCOLLEGE AND CAREER PREPARATORY EDUCATIONTO PREPARE HIGH SCHOOL STUDENTS FOR SUCCESS IN COLLEGE, CAREER, AND LIFE BY PROVIDING A RIGOROUS AND SUPPORTIVE ACADEMIC PROGRAM FOCUSED ON LEADERSHIP, AGENCY, AND ACCELERATION.BELIEVE CIRCLE CITY HIGH SCHOOL PROVIDES A FULL-DAY, TUITION-FREE, PUBLIC EDUCATION PROGRAM SERVING STUDENTS IN GRADES 9 - 12. THE SCHOOL OPERATES APPROXIMATELY 188 INSTRUCTIONAL DAYS PER YEAR, OFFERING CORE ACADEMIC SUBJECTS ALIGNED TO INDIANA ACADEMIC STANDARDS AS WELL AS COLLEGE-LEVEL DUAL CREDIT, ADVANCED PLACEMENT, AND CAREER AND TECHNICAL EDUCATION (CTE) COURSEWORK.DURING THE REPORTING YEAR, BELIEVE CIRCLE CITY HIGH SCHOOL SERVED APPROXIMATELY 315 STUDENTS. THE SCHOOL MAINTAINED A STUDENT-CENTERED ENVIRONMENT THAT EMPHASIZES PERSONALIZED LEARNING, RESTORATIVE PRACTICES, AND SOCIAL-EMOTIONAL DEVELOPMENT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPOSTSECONDARY AND WORKFORCE READINESSTO ENSURE THAT EVERY STUDENT GRADUATES WITH A CLEAR POSTSECONDARY PLAN, COLLEGE ENROLLMENT, INDUSTRY CERTIFICATION, OR DIRECT EMPLOYMENT THROUGH EXPOSURE TO REAL-WORLD EXPERIENCES AND PROFESSIONAL PARTNERSHIPS. BELIEVE CIRCLE CITY HIGH SCHOOL PARTNERS WITH LOCAL COLLEGES, EMPLOYERS, AND COMMUNITY ORGANIZATIONS TO OFFER INTERNSHIPS, COLLEGE COURSES, AND MENTORSHIP OPPORTUNITIES. STUDENTS PARTICIPATE IN COLLEGE VISITS, MOCK INTERVIEWS, RESUME WORKSHOPS, AND A YEARLONG COLLEGE & CAREER SEMINAR COURSE. IN THE REPORTING YEAR, 95% OF GRADUATING SENIORS COMPLETED AN INDIVIDUALIZED POSTSECONDARY PLAN. MORE THAN 75% PARTICIPATED IN WORK-BASED LEARNING OR INTERNSHIP EXPERIENCES, AND STUDENTS COLLECTIVELY EARNED OVER 80% COLLEGE CREDITS AND SEVERAL INDUSTRY-RECOGNIZED CREDENTIALS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$5,396,150TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document53IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee50EmployeeCnt
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 Policy0DocumentRetentionPolicyInd
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 Line1BOOKKEEPING PLUS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3172961954PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 NORTH CAPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ANGEL JACKSON-ANDERSON
PRINCIPAL40.00Yes (X)$116,212$0$3,656
PATRICK JONES
CHAIR5.00Yes (X)$0$0$0Yes (X)
HALEY HARSHMAN
VICE CHAIR2.00Yes (X)$0$0$0Yes (X)
JENNIFER FULK
SECRETARY2.00Yes (X)$0$0$0Yes (X)
MARQUES WHITMIRE
FINANCE CHAIR2.00$0$0$0Yes (X)
BUNMI AKINTOMIDE
ACADEMIC COMMITTEE2.00$0$0$0Yes (X)
ANDRE BENNIN
DEVELOPMENT COMMITTEE2.00$0$0$0Yes (X)
DEREK DENNIS
ACADEMIC COMMITTEE2.00$0$0$0Yes (X)
CHRISTL GLIER
GOVERNANCE COMMITTEE2.00$0$0$0Yes (X)
DARIAN BOUIE
MEMBER2.00$0$0$0Yes (X)
JASMINE JACKSON
MEMBER2.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$116,212TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$3,656TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
IPS FOOD SERVICE
4125 PRODUCERS DRIVEINDIANAPOLISIN46208FOOD SERVICE$231,577
CENTRAL INDIANA TRANSPORTATION
3266 SHEPPERTON BOULEVARDINDIANAPOLISIN46228TRANSPORTATION$159,484
AXIOM LEARNING INC
1506 90TH PLACE NORTHEASTCLYDE HILLWA98004CURRICULUM$106,493
RCR TECHNOLOGY
9450 N MERIDIAN ST STE 300INDIANAPOLISIN46260TECHNOLOGY$102,944
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$5,166,343GovernmentGrantsAmt
All Other Contributions$999,960AllOtherContributionsAmt
Total Contributions$6,166,303TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSTUDENT FEESDesc
Business611600BusinessCd
Total Revenue Column$35,123TotalRevenueColumnAmt
Related Or Exempt Func Income$35,123RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$35,123TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,598TotalRevenueColumnAmt
Exclusion$17,598ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$48,165TotalRevenueColumnAmt
Related Or Exempt Func Income$48,165RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$48,165OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,267,189TotalRevenueColumnAmt
Related Or Exempt Func Income$83,288RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$17,598ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$125,087TotalAmt
Program Services$119,579ProgramServicesAmt
Management And General$5,508ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,018,555TotalAmt
Program Services$1,931,602ProgramServicesAmt
Management And General$86,953ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,114TotalAmt
Program Services$2,006ProgramServicesAmt
Management And General$108ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$189,786TotalAmt
Program Services$180,109ProgramServicesAmt
Management And General$9,677ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$157,246TotalAmt
Program Services$149,229ProgramServicesAmt
Management And General$8,017ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$71,413TotalAmt
Management And General$71,413ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$500TotalAmt
Program Services$500ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$100,228TotalAmt
Management And General$100,228ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$946,470TotalAmt
Program Services$796,748ProgramServicesAmt
Management And General$149,722ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$27,205TotalAmt
Management And General$27,205ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$233,261TotalAmt
Program Services$211,575ProgramServicesAmt
Management And General$21,686ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$324,231TotalAmt
Program Services$317,831ProgramServicesAmt
Management And General$6,400ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$470,830TotalAmt
Program Services$470,830ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$180,620TotalAmt
Program Services$146,437ProgramServicesAmt
Management And General$34,183ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$173,530TotalAmt
Program Services$173,530ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$223,470TotalAmt
Program Services$223,470ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$59,079TotalAmt
Program Services$59,079ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TRANSPORTATION$326,851$326,851
FOOD COSTS$285,794$285,794
DUES AND FEES$13,093$356$12,737
OTHER EXPENSES$798$624$174

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,930,161TotalAmt
Program Services$5,396,150ProgramServicesAmt
Management And General$534,011ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$32,477BOYAmt
EOY$1,066,219EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$525,805BOYAmt
EOY$55,002EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$150,798BOYAmt
EOY$289,626EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$15,332BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,941BOYAmt
EOY$23,806EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,746,310LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$644,123LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,199,156BOYAmt
EOY$3,102,187EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,943,509BOYAmt
EOY$4,536,840EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$678,539BOYAmt
EOY$998,737EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,192,295BOYAmt
EOY$3,391,942EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$281,285BOYAmt
EOY$17,743EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,152,119BOYAmt
EOY$4,408,422EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$208,610BOYAmt
EOY-$86,766EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$215,184EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$208,610BOYAmt
EOY$128,418EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,943,509BOYAmt
EOY$4,536,840EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$337,028ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,900,000OtherCostOrOtherBasisAmt
Depreciation$330,278DepreciationAmt
Book Value$2,569,722BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$554,572OtherCostOrOtherBasisAmt
Depreciation$193,265DepreciationAmt
Book Value$361,307BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$49,717OtherCostOrOtherBasisAmt
Depreciation$33,911DepreciationAmt
Book Value$15,806BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$242,021OtherCostOrOtherBasisAmt
Depreciation$86,669DepreciationAmt
Book Value$155,352BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,102,187TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREFUNDABLE ADVANCESDesc
Amt$17,743Amt
FieldValueIRS element (for citing)
Total Liability$17,743TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,748,501TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$481,312DonatedServicesAndUseFcltsAmt
Revenue Not Reported$481,312RevenueNotReportedAmt
Revenue Subtotal$6,267,189RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,267,189TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,411,473TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$481,312DonatedServicesUseFcltsAmt
Expenses Not Reported$481,312ExpensesNotReportedAmt
Expenses Subtotal$5,930,161ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,930,161TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationBELIEVE CIRCLE CITY HIGH SCHOOL, INC. 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, BELIEVE CIRCLE CITY HIGH SCHOOL, INC. 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 CONSOLIDATED FINANCIAL STATEMENTS. AS A WHOLLY-OWNED SUBSIDIARY OF BELIEVE CIRCLE CITY HIGH SCHOOL, INC., THE ACCOUNTS AND BALANCES OF BUILD BELIEVE PROPERTIES, LLC ARE REPORTED ON BELIEVE CIRCLE CITY HIGH SCHOOL, INC.'S TAX FILINGS. PROFESSIONAL ACCOUNTING STANDARDS REQUIRE BELIEVE CIRCLE CITY HIGH SCHOOL, INC. 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. BELIEVE SCHOOLS, INC. EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER JUNE 30, 2021 ARE CURRENTLY 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 3BELIEVE'S NONDISCRIMINATORY POLICY IS PRESENT IN THE INITIAL CHARTER, PUBLICIZED IN THE EMPLOYEE AND STUDENT HANDBOOK, WEBSITE, AND WILL BE REVIEWED DURING STAFF PD AND STUDENT ORIENTATION. BELIEVE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION (CREED), GENDER, GENDER EXPRESSION, AGE, NATIONAL ORIGIN (ANCESTRY), DISABILITY, MARITAL STATUS, SEXUAL ORIENTATION, OR MILITARY STATUS, IN ANY OF ITS ACTIVITIES.
SCHEDULE E, PART I, LINE 6THE ORGANIZATION RECEIVED FUNDING FROM THE STATE OF INDIANA AS A PUBLIC CHARTER SCHOOL UNDER INDIANA CODE 20-24. IT ALSO RECEIVED FUNDING UNDER FEDERAL PROGRAMS ADMINSTERED BY THE STATE OF INDIANA.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PROVIDED TO THE BELIEVE EXECUTIVE AND DEAN OF OPERATIONS. THE 990 IS THEN SENT TO THE FINANCE COMMITTEE AND THE BOARD CHAIR FOR FINAL REVIEW AND SIGN-OFF.
FORM 990, PART VI, SECTION B, LINE 12CTHE CORPORATION'S CONFLICT-OF-INTEREST POLICY APPLIES TO ALL DIRECTORS, OFFICERS, AND EMPLOYEES AND IMPOSES A CONTINUING DUTY TO DISCLOSE ANY PERSONAL OWNERSHIP, INTEREST, OR RELATIONSHIP THAT COULD IMPAIR IMPARTIAL JUDGMENT, WITH THE BOARD ABLE TO REQUIRE ANNUAL DISCLOSURE STATEMENTS AND CHARGED WITH OVERSIGHT OF DISCLOSURES AND FAILURES TO DISCLOSE. MONITORING AND HANDLING PRACTICES INCLUDE STANDARDS OF IMPARTIAL CONDUCT, A PROHIBITION ON GIFTS OR FAVORS BEYOND COMMON BUSINESS COURTESIES, AND DOCUMENTATION/BOARD ACTION WHEN POTENTIAL CONFLICTS ARISE. THE BOARD OF DIRECTORS REVIEWS ACTUAL CONFLICTS AND SPECIFICALLY APPROVES ANY DEALINGS BY OFFICERS OR EMPLOYEES WITH RELATIVES OR ENTITIES IN WHICH THEY OR THEIR RELATIVES HAVE A SIGNIFICANT FINANCIAL INTEREST, AND DIRECTORS WITH SUCH INTERESTS MUST DISCLOSE THEM AND REFRAIN FROM VOTING ON MATTERS PERTAINING TO THE TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15ATHE OFFICER'S LAST RATE OF PAY IS REQUESTED AND COMPARED TO LOCAL COMPS IN THE AREA, AFTER WHICH A FAIR OFFER IS MADE.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE STORED ON THE SCHOOL'S ON-LINE PORTAL THROUGH BOARD ON TRACK WHICH INTEGRATES WITH THE WEBSITE.
FORM 990, PART IX, LINE 11GTEACHING SERVICES: PROGRAM SERVICE EXPENSES 691,001. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 691,001. SECURITY: PROGRAM SERVICE EXPENSES 588. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 588. RECRUITING: PROGRAM SERVICE EXPENSES 32,000. MANAGEMENT AND GENERAL EXPENSES 28,371. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,371. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 43,092. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,092. VEHICLE OPERATION: PROGRAM SERVICE EXPENSES 15,057. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,057. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 58,102. MANAGEMENT AND GENERAL EXPENSES 78,259. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,361.
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.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BUILD BELIEVE PROPERTIES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 NORTH CAPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesFACILITY HOLDING COMPANYPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BELIEVE CIRCLE CITY HIGH SCHOOL INCBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BELIEVE SCHOOLS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12540 N CPITOL AVENUEAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46208ZIPCd
FieldValueIRS element (for citing)
EIN993711823EIN
Primary ActivitiesCHARTER SCHOOL MANAGEMENT AND SUPPORTPrimaryActivitiesTxt
Legal Domicile StateMOLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 10PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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