Civic Intelligence

Avondale Meadows Academy Inc.

990 • Fiscal year 2016 • EIN 13-4289579

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 13, 2017

Organization ProfileAVONDALEMEADOWSACADEMY.COM

View Organization Page

3980 Meadows DriveIndianapolis, IN 46205

(317) 803-3182

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

1.68x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

25th percentile

-3.7%

Higher net margin than 25% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$130,348

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

33rd percentile

-1.5%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$16,618,543

Down $245,099 (-1.5%) from 2015

Net Assets

Down

$2,526,253

Down $383,749 (-13%) from 2015

Liabilities

Up

$14,092,290

Up $138,650 (+1.0%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin25th percentile

Revenue

Up

$8,378,883

Up $796,205 (+11%) from 2015

Expenses

Up

$8,687,982

Up $111,570 (+1.3%) from 2015

Net Income

Up

-$309,099

Up $684,635 (+69%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $4,319,445Liabilities 2010: $2,024,268Net Assets 2010: $2,295,1772010Assets 2011: $5,277,447Liabilities 2011: $2,061,737Net Assets 2011: $3,215,7102011Assets 2012: $5,553,182Liabilities 2012: $2,232,216Net Assets 2012: $3,320,9662012Assets 2013: $4,196,784Liabilities 2013: $152,198Net Assets 2013: $4,044,5862013Assets 2014: $8,402,685Liabilities 2014: $4,359,578Net Assets 2014: $4,043,1072014Assets 2015: $16,863,642Liabilities 2015: $13,953,640Net Assets 2015: $2,910,0022015Assets 2016: $16,618,543Liabilities 2016: $14,092,290Net Assets 2016: $2,526,2532016Assets 2017: $23,785,906Liabilities 2017: $21,260,044Net Assets 2017: $2,525,8622017Assets 2018: $23,769,885Liabilities 2018: $22,508,600Net Assets 2018: $1,261,2852018Assets 2019: $22,643,511Liabilities 2019: $21,770,538Net Assets 2019: $872,9732019Assets 2020: $23,334,594Liabilities 2020: $22,558,559Net Assets 2020: $776,0352020Assets 2021: $23,232,251Liabilities 2021: $21,444,735Net Assets 2021: $1,787,5162021Assets 2022: $23,354,036Liabilities 2022: $21,129,987Net Assets 2022: $2,224,0492022Assets 2023: $23,542,400Liabilities 2023: $21,105,797Net Assets 2023: $2,436,6032023Assets 2024: $30,978,350Liabilities 2024: $20,647,201Net Assets 2024: $10,331,1492024

Highlighted filing

2016

Assets$16,618,543
Liabilities$14,092,290
Net Assets$2,526,253
Open 2016 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $3,632,5512010Revenue 2011: $5,137,483Expenses 2011: $4,300,892Net Income 2011: $836,5912011Expenses 2012: $4,664,5532012Expenses 2013: $5,110,8162013Revenue 2014: $5,158,607Expenses 2014: $4,948,799Net Income 2014: $209,8082014Revenue 2015: $7,582,678Expenses 2015: $8,576,412Net Income 2015: -$993,7342015Revenue 2016: $8,378,883Expenses 2016: $8,687,982Net Income 2016: -$309,0992016Revenue 2017: $10,006,656Expenses 2017: $9,443,778Net Income 2017: $562,8782017Revenue 2018: $10,150,764Expenses 2018: $11,383,217Net Income 2018: -$1,232,4532018Revenue 2019: $11,549,156Expenses 2019: $11,932,335Net Income 2019: -$383,1792019Revenue 2020: $11,740,705Expenses 2020: $11,845,699Net Income 2020: -$104,9942020Revenue 2021: $13,496,090Expenses 2021: $12,486,945Net Income 2021: $1,009,1452021Revenue 2022: $14,362,990Expenses 2022: $13,929,300Net Income 2022: $433,6902022Revenue 2023: $15,755,110Expenses 2023: $15,672,822Net Income 2023: $82,2882023Revenue 2024: $23,578,579Expenses 2024: $15,938,509Net Income 2024: $7,640,0702024

Highlighted filing

2016

Revenue$8,378,883
Expenses$8,687,982
Net Income-$309,099
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 13, 2017
Return Version
2015v3.0
Gross Receipts
$8,378,883
Mission and Program Overview

Mission

SEE PART I, LINE 1

See Schedule OTHE ACADEMY IS A KINDERGARTEN THROUGH GRADE 5 TUITION-FREE QUALITY PUBLIC CHARTER SCHOOL FOUNDED ON THE CORE KNOWLEDGE CURRICULUM. THE ACADEMY IS OPEN TO ALL STUDENTS. THE CORE FOCUS IS TO PROVIDE AN OUTSTANDING EDUCATION FOR OUR CHILDREN EQUIPPING THEM WITH THE KNOWLEDGE, WISDOM, CORE VALUES, AND BEHAVIORS TO BE SUCCESSFUL IN LIFE.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,896,629$13,751,335▼ $145,294
Investments in Publicly Traded Securities$1,250,830$1,253,545▲ $2,715
Cash and Non-Interest-Bearing Accounts$1,467,887$845,531▼ $622,356
Pledges and Grants Receivable$155,251$596,849▲ $441,598
Prepaid Expenses and Deferred Charges$93,045$171,283▲ $78,238
Total Assets$16,863,642$16,618,543▼ $245,099
Liabilities
Other Liabilities$9,104,985$9,604,126▲ $499,141
Tax Exempt Bond Liabilities$3,984,188$3,943,828▼ $40,360
Accounts Payable and Accrued Expenses$446,634$327,840▼ $118,794
Mortgage Notes Payable Secured by Investment Property$417,833$216,496▼ $201,337
Total Liabilities$13,953,640$14,092,290▲ $138,650
Net Assets / Fund Balance
Unrestricted Net Assets$2,673,030$2,284,261▼ $388,769
Temporarily Rstr Net Assets$236,972$241,992▲ $5,020
Total Net Assets Fund Balance$2,910,002$2,526,253▼ $383,749
Total Liabilities and Net Assets / Fund Balance$16,863,642$16,618,543▼ $245,099

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,505,898$849,452$13,355,350
Equipment$518,288$1,312,306$1,830,594
Other Land Buildings$162,349$732,781$895,130
Land$564,800-$564,800
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly HerronSchool DirectorFT$115,038$15,310$130,348
ian yearwoodsCHOOL DIRECTORFT$75,254$6,326$81,580

Board Members and Trustees

NameTitle
Charles Garciaboard chair
Rose M Mays PhdVice President
Gene Zink JrDirector
Judith HallDirector
Kelly BravermanDirector
Oscar GutierrezDirector
L Lois JohnsonSecretary
John AckermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,240,988
Program Service Revenue
$44,769
Investment Income
$7,715
Other Revenue
$85,411
All Other Contributions
$168,523
Change in Net Assets
$-309,099

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,378,883
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$88,919
Total Revenue per Audited Statements
$8,467,802
Total Revenue per Form 990
$8,378,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,138,873
Other Expenses$3,549,109
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,031,862$873,858-$3,905,720
Interest$1,044,504--$1,044,504
Depreciation Depletion$501,075--$501,075
Other Employee Benefits$348,194$98,493-$446,687
Fees for Services Other$140,808$249,290-$390,098
Occupancy$376,275--$376,275
Payroll Taxes$240,884$82,740-$323,624
Office Expenses$124,369$119,290-$243,659
Pension Plan Contributions$178,115$56,000-$234,115
Current Officers, Directors, Trustees, and Key Employees-$228,727-$228,727
Information Technology$157,381--$157,381
Fees for Services Accounting-$107,356-$107,356
Insurance$47,490--$47,490
Other Expenses$36,399--$36,399
Fees for Services Legal-$14,125-$14,125
Total Functional Expenses$6,858,103$1,829,879$0$8,687,982

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,851,551
Expenses per Audited Statements$8,687,982
Total Expenses per Form 990$8,687,982
Expenses Not Reported on Form 990$163,569
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligations$9,529,477
interest rate swap liability$74,649

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndiana Finance Authority2013-10-22$4,175,000BUILDING ACQUISITION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,175,000-$307,893$84,244

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

“There are no committees that have the authority to act on behalf of the board of directors.”

Form 990, Part VI, Section B, line 11

“A copy of the form 990 is first sent to the finance committee for initial review, then to the full board for final review and approval before filing.”

Form 990, Part VI, Section B, line 12C

“Any perceived conflicts of interest are brought to the attention of the board and committee to discuss. In instances where a conflict is deemed to exist, the party in question is excused from participation in the matter at hand.”

Form 990, Part VI, Section C, line 19

“All documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Avondale Meadows Academy Inc
EIN
13-4289579
Phone
3178033182
Address
3980 MEADOWS DRIVE, INDIANAPOLIS, IN 46205

Signing Officer

Name
Charles Garcia
Title
board chair
Phone
3178033182
Signed
2017-04-13

Organization Details

Principal Officer
Charles Garcia
Formed
2005
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
102
Volunteers
8

Preparer

Firm
Greenwalt Cpas Inc
Address
5342 W VERMONT STREET, INDIANAPOLIS, IN 46224
Preparer
Amanda Meko CPA
Phone
3172412999
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“loss on interest rate swap -74,650.”

Form 990, Part XII, Line 2C

“The organization's oversight process or selection process during the tax year did not change.”

Raw XML AppendixShowing 400 of 484 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0446634
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0327840
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0See Schedule OTHE ACADEMY IS A KINDERGARTEN THROUGH GRADE 5 TUITION-FREE QUALITY PUBLIC CHARTER SCHOOL FOUNDED ON THE CORE KNOWLEDGE CURRICULUM. THE ACADEMY IS OPEN TO ALL STUDENTS. THE CORE FOCUS IS TO PROVIDE AN OUTSTANDING EDUCATION FOR OUR CHILDREN EQUIPPING THEM WITH THE KNOWLEDGE, WISDOM, CORE VALUES, AND BEHAVIORS TO BE SUCCESSFUL IN LIFE.
IRS990/AllOtherContributionsAmt0168523
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AVONDALE MEADOWS ACADEMY INC
IRS990/BooksInCareOfDetail/PhoneNum03178033182
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03908 MEADOWS DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046205
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01467887
IRS990/CashNonInterestBearingGrp/EOYAmt0845531
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0228727
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0228727
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08240988
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07715
IRS990/CYOtherExpensesAmt03549109
IRS990/CYOtherRevenueAmt085411
IRS990/CYProgramServiceRevenueAmt044769
IRS990/CYRevenuesLessExpensesAmt0-309099
IRS990/CYSalariesCompEmpBnftPaidAmt05138873
IRS990/CYTotalExpensesAmt08687982
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08378883
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0501075
IRS990/DepreciationDepletionGrp/TotalAmt0501075
IRS990/Desc0AMA is a school where students are truly safe, challenged and college-bound. In 2012, the school was recognized by State Superintendent of Education for being one of the "Top 8 in the State" for growth on the ISTEP test. Since then the school has earned four consecutive "A" ratings from the Department of Education. AMA families work hard to consistently exceed the state attendance goal of 95%. All AMA scholars attend college visits each year. A scholar who attends AMA from kindergarten through 5th grade will visit six college campuses before the age of 12. It is our goal that all scholars see college as an inevitable step in their future.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0102
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt06858103
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0107356
IRS990/FeesForServicesAccountingGrp/TotalAmt0107356
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014125
IRS990/FeesForServicesLegalGrp/TotalAmt014125
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0249290
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0140808
IRS990/FeesForServicesOtherGrp/TotalAmt0390098
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt815310
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt96326
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm1ROSE M MAYS PHD
IRS990/Form990PartVIISectionAGrp/PersonNm2L LOIS JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm3GENE ZINK JR
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN ACKERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDITH HALL
IRS990/Form990PartVIISectionAGrp/PersonNm6KELLY BRAVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7OSCAR GUTIERREZ
IRS990/Form990PartVIISectionAGrp/PersonNm8KELLY HERRON
IRS990/Form990PartVIISectionAGrp/PersonNm9ian yearwood
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8115038
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt975254
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0board chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9sCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt08072465
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08378883
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0157381
IRS990/InformationTechnologyGrp/TotalAmt0157381
IRS990/InsuranceGrp/ProgramServicesAmt047490
IRS990/InsuranceGrp/TotalAmt047490
IRS990/InterestGrp/ProgramServicesAmt01044504
IRS990/InterestGrp/TotalAmt01044504
IRS990/InvestmentIncomeGrp/ExclusionAmt07715
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07715
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01250830
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01253545
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02894539
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013896629
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013751335
IRS990/LandBldgEquipCostOrOtherBssAmt016645874
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0See part I, Line 1
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0417833
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0216496
IRS990/NetAssetsOrFundBalancesBOYAmt02910002
IRS990/NetAssetsOrFundBalancesEOYAmt02526253
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt06163
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0376275
IRS990/OccupancyGrp/TotalAmt0376275
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0119290
IRS990/OfficeExpensesGrp/ProgramServicesAmt0124369
IRS990/OfficeExpensesGrp/TotalAmt0243659
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-74650
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt098493
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0348194
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0446687
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2other
IRS990/OtherExpensesGrp/Desc3extra curricular
IRS990/OtherExpensesGrp/ProgramServicesAmt0483319
IRS990/OtherExpensesGrp/ProgramServicesAmt184351
IRS990/OtherExpensesGrp/ProgramServicesAmt263077
IRS990/OtherExpensesGrp/ProgramServicesAmt336399
IRS990/OtherExpensesGrp/TotalAmt0483319
IRS990/OtherExpensesGrp/TotalAmt184351
IRS990/OtherExpensesGrp/TotalAmt263077
IRS990/OtherExpensesGrp/TotalAmt336399
IRS990/OtherLiabilitiesGrp/BOYAmt09104985
IRS990/OtherLiabilitiesGrp/EOYAmt09604126
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt085411
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt085411
IRS990/OtherRevenueTotalAmt085411
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0873858
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03031862
IRS990/OtherSalariesAndWagesGrp/TotalAmt03905720
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt082740
IRS990/PayrollTaxesGrp/ProgramServicesAmt0240884
IRS990/PayrollTaxesGrp/TotalAmt0323624
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt056000
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0178115
IRS990/PensionPlanContributionsGrp/TotalAmt0234115
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0155251
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0596849
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt093045
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0171283
IRS990/PrincipalOfficerNm0CHARLES GARCIA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt044769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044769
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07355061
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04661
IRS990/PYOtherExpensesAmt03968637
IRS990/PYOtherRevenueAmt0177272
IRS990/PYProgramServiceRevenueAmt045684
IRS990/PYRevenuesLessExpensesAmt0-993734
IRS990/PYSalariesCompEmpBnftPaidAmt04607775
IRS990/PYTotalExpensesAmt08576412
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07582678
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-309099
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt044769
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt012505898
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0849452
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013355350
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0163569
IRS990ScheduleD/DonatedServicesUseFcltsAmt0163569
IRS990ScheduleD/EquipmentGrp/BookValueAmt0518288
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01312306
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01830594
IRS990ScheduleD/ExpensesNotReportedAmt0163569
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08687982
IRS990ScheduleD/LandGrp/BookValueAmt0564800
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0564800
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-74650
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0162349
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0732781
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0895130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09529477
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt174649
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1interest rate swap liability
IRS990ScheduleD/RevenueNotReportedAmt088919
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08378883
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013751335
IRS990ScheduleD/TotalExpensesPerForm990Amt08687982
IRS990ScheduleD/TotalLiabilityAmt09604126
IRS990ScheduleD/TotalRevenuePerForm990Amt08378883
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08467802
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08851551
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED ON ITS WEBSITE. IT IS ALSO INCLUDED IN THE STUDENT HANDBOOK AND IS PART OF ITS CHARTER.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FUNDING FROM THE STATE OF INDIANA AS A PUBLIC CHARTER SCHOOL UNDER INDIANA CODE 20-24. THE ORGANIZATION ALSO RECEIVES FUNDING UNDER FEDERAL PROGRAMS ADMINISTERED BY THE STATE OF INDIANA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt0huntington national
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine2Txt0bank
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct05.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-10-22
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt04175000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0INDIANA FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BUILDING ACQUISITION
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt04090756
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt084244
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0307893
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02014
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt04175000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS FIRST SENT TO THE FINANCE COMMITTEE FOR INITIAL REVIEW, THEN TO THE FULL BOARD FOR FINAL REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY PERCEIVED CONFLICTS OF INTEREST ARE BROUGHT TO THE ATTENTION OF THE BOARD AND COMMITTEE TO DISCUSS. IN INSTANCES WHERE A CONFLICT IS DEEMED TO EXIST, THE PARTY IN QUESTION IS EXCUSED FROM PARTICIPATION IN THE MATTER AT HAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4loss on interest rate swap -74,650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR DID NOT CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,618,543
Liabilities
$14,092,290
Net assets
$2,526,253
Revenue
$8,378,883
Expenses
$8,687,982
Net income
-$309,099
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.0$20.6$10.3$23.6$15.9$7.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.5$21.1$2.44$15.8$15.7$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$21.1$2.22$14.4$13.9$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.2$21.4$1.79$13.5$12.5$1.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$22.6$0.78$11.7$11.8$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.6$21.8$0.87$11.5$11.9$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$22.5$1.26$10.2$11.4$1.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.8$21.3$2.53$10.0$9.44$0.56
2016Detailed filing. Detailed filing data is available for this year.$16.6$14.1$2.53$8.38$8.69$0.31
2015Summary only. Only limited summary data is available for this year.$16.9$14.0$2.91$7.58$8.58$0.99
2014Summary only. Only limited summary data is available for this year.$8.40$4.36$4.04$5.16$4.95$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.15$4.04$5.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$2.23$3.32$4.66
2011Summary only. Only limited summary data is available for this year.$5.28$2.06$3.22$5.14$4.30$0.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$2.02$2.30$3.63
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits