Civic Intelligence

Hoosier Academy Inc

EIN 20-5926653 • 501(c)3 • Indianapolis, IN

Profile

See schedule o for mission statement.

5650 Caito DriveIndianapolis, IN 46226

www.insidehoosieracademies.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.20x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

37th percentile

0.0%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

84th percentile

25%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

25%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$1,787,951

Up $353,847 (+25%) from 2023

Liabilities

Up

$1,786,440

Up $352,728 (+25%) from 2023

Net Assets

Up

$1,511

Up $1,119 (+285%) from 2023

Operations
Liabilities / Revenue56th percentileNet Margin37th percentile

Revenue

Up

$8,849,411

Up $1,752,041 (+25%) from 2023

Expenses

Up

$8,848,292

Up $1,751,314 (+25%) from 2023

Net Income

Up

$1,119

Up $727 (+185%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$10M$0-$10MAssets 2011: $3,806,645Liabilities 2011: $3,806,645Net Assets 2011: $02011Assets 2012: $8,452,193Liabilities 2012: $8,452,193Net Assets 2012: $02012Assets 2013: $4,565,690Liabilities 2013: $13,671,182Net Assets 2013: -$9,105,4922013Assets 2014: $10,902,311Liabilities 2014: $13,091,440Net Assets 2014: -$2,189,1292014Assets 2015: $8,148,245Liabilities 2015: $8,148,245Net Assets 2015: $02015Assets 2016: $6,852,982Liabilities 2016: $6,852,982Net Assets 2016: $02016Assets 2017: $7,258,614Liabilities 2017: $7,258,614Net Assets 2017: $02017Assets 2018: $7,443,749Liabilities 2018: $7,443,749Net Assets 2018: $02018Assets 2019: $6,424,098Liabilities 2019: $6,424,098Net Assets 2019: $02019Assets 2020: $1,251,227Liabilities 2020: $1,251,227Net Assets 2020: $02020Assets 2021: $1,364,787Liabilities 2021: $1,364,787Net Assets 2021: $02021Assets 2022: $1,536,005Liabilities 2022: $1,536,005Net Assets 2022: $02022Assets 2023: $1,434,104Liabilities 2023: $1,433,712Net Assets 2023: $3922023Assets 2024: $1,787,951Liabilities 2024: $1,786,440Net Assets 2024: $1,5112024

Highlighted filing

2024

Assets$1,787,951
Liabilities$1,786,440
Net Assets$1,511
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $4,191,533Expenses 2011: $4,275,883Net Income 2011: -$84,3502011Revenue 2012: $11,445,472Expenses 2012: $11,445,472Net Income 2012: $02012Revenue 2013: $16,489,059Expenses 2013: $25,594,551Net Income 2013: -$9,105,4922013Revenue 2014: $25,591,797Expenses 2014: $27,780,926Net Income 2014: -$2,189,1292014Revenue 2015: $21,571,836Expenses 2015: $21,571,836Net Income 2015: $02015Revenue 2016: $24,249,058Expenses 2016: $24,249,058Net Income 2016: $02016Revenue 2017: $26,557,162Expenses 2017: $26,557,162Net Income 2017: $02017Revenue 2018: $19,421,620Expenses 2018: $19,421,620Net Income 2018: $02018Revenue 2019: $7,508,968Expenses 2019: $7,508,968Net Income 2019: $02019Revenue 2020: $7,181,619Expenses 2020: $7,181,619Net Income 2020: $02020Revenue 2021: $5,834,096Expenses 2021: $5,834,096Net Income 2021: $02021Revenue 2022: $5,328,720Expenses 2022: $5,328,720Net Income 2022: $02022Revenue 2023: $7,097,370Expenses 2023: $7,096,978Net Income 2023: $3922023Revenue 2024: $8,849,411Expenses 2024: $8,848,292Net Income 2024: $1,1192024

Highlighted filing

2024

Revenue$8,849,411
Expenses$8,848,292
Net Income$1,119
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,787,951
Liabilities
$1,786,440
Net assets
$1,511
Revenue
$8,849,411
Expenses
$8,848,292
Net income
$1,119
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.79$1.79$0.00$8.85$8.85$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$1.43$0.00$7.10$7.10$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.54$1.54$0.00$5.33$5.33$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$1.36$0.00$5.83$5.83$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$1.25$0.00$7.18$7.18$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$6.42$0.00$7.51$7.51$0.00
2018Detailed filing. Detailed filing data is available for this year.$7.44$7.44$0.00$19.4$19.4$0.00
2017Summary only. Only limited summary data is available for this year.$7.26$7.26$0.00$26.6$26.6$0.00
2016Detailed filing. Detailed filing data is available for this year.$6.85$6.85$0.00$24.2$24.2$0.00
2015Detailed filing. Detailed filing data is available for this year.$8.15$8.15$0.00$21.6$21.6$0.00
2014Summary only. Only limited summary data is available for this year.$10.9$13.1$2.19$25.6$27.8$2.19
2013Summary only. Only limited summary data is available for this year.$4.57$13.7$9.11$16.5$25.6$9.11
2012Summary only. Only limited summary data is available for this year.$8.45$8.45$0.00$11.4$11.4$0.00
2011Summary only. Only limited summary data is available for this year.$3.81$3.81$0.00$4.19$4.28$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 5, 2025
Return Version
2023v6.0
Gross Receipts
$8,849,411
Mission and Program Overview

Mission

See schedule o for mission statement.

The mission of hoosier academies is to provide a partnership with parents that strives for continued growth and improvement in family satisfaction, student achievement, and social enrichment. We embrace our culturally diverse school community and believe school accountability, teacher competence, and parent involvement must be at the center of student learning and achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$752,764$1,170,054▲ $417,290
Pledges and Grants Receivable$607,553$586,370▼ $21,183
Prepaid Expenses and Deferred Charges$9,410$9,135▼ $275
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,434,104$1,787,951▲ $353,847
Other Assets Total$64,377$22,392▼ $41,985
Liabilities
Accounts Payable and Accrued Expenses$1,369,335$1,764,048▲ $394,713
Other Liabilities$64,377$22,392▼ $41,985
Total Liabilities$1,433,712$1,786,440▲ $352,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$392$1,511▲ $1,119
Total Net Assets Fund Balance$392$1,511▲ $1,119
Total Liabilities and Net Assets / Fund Balance$1,434,104$1,787,951▲ $353,847

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$29,051$29,051
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Jayme Short-deleonPresident
Anya JanewayVice President
Peter PizarroSecretary
Gary MeyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,847,922
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,489
All Other Contributions
$117
Change in Net Assets
$1,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,849,411
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,849,411
Total Revenue per Form 990
$8,849,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,365,409
Salaries, Compensation, and Employee Benefits$3,482,883
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$3,288,021$9,764-$3,297,785
Other Salaries and Wages$2,726,762--$2,726,762
Fees for Services Other$1,360,676$132,202-$1,492,878
Other Employee Benefits$328,511--$328,511
Payroll Taxes$261,481--$261,481
Pension Plan Contributions$166,129--$166,129
Occupancy$78,019--$78,019
Insurance-$74,967-$74,967
Advertising$19,842--$19,842
Travel$17,024--$17,024
Other Expenses$5,743$34,374-$5,743
All Other Expenses$831--$831
Total Functional Expenses$8,407,559$440,733$0$8,848,292

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,848,292
Total Expenses per Audited Statements$8,848,292
Total Expenses per Form 990$8,848,292
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Right of Use Liability$22,392
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 35% controlled entity
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“K12 inc. Provides intellectual, it, and financial oversight.”

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

“The organization does not have committees with the authority to act on behalf of the board of directors.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the governing body, the finance director from k12, the head of school and the office manager that performs day to day accounting duties.”

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

“Under the conflict of interest policy, each officer, director, and employee has a continuing, affirmative duty to disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the directors and members of committees considering a proposed transaction.”

Form 990, Part VI, Section B, Line 15

“The organization is managed by k12 classroom, llc and as such does not directly employ a ceo, executive director, or other executive personnel. The compensation of employees of the organization are determined by industry standards and are approved by the board of directors. Compensation determination for all personnel are based on data relating to comparable positions in the same marketplace. The process described here was last completed in 2024.”

Form 990, Part VI, Section C, Line 19

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Hoosier Academy Inc
EIN
20-5926653
Phone
3174956494
Address
5650 CAITO DRIVE, INDIANAPOLIS, IN 46226
Doing Business As
Hoosier College and Career Academy

Signing Officer

Name
Jayme Short-deleon
Title
Board President
Phone
3174956494
Signed
2025-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jayme Short-deleon
Formed
2008
Legal Domicile
In
Voting Board Members
4
Independent Board Members
4
Employees
64
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Andrew Smith CPA
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“The mission of hoosier academies is to provide a partnership with parents that strives for continued growth and improvement in family satisfaction, student achievement, and social enrichment. We embrace our culturally diverse school community and believe school accountability, teacher competence, and parent involvement must be at the center of student learning and achievement.”

Form 990, Part IX, Line 11G

“Professional services: program service expenses 1,360,676. Management and general expenses 132,202. Fundraising expenses 0. Total expenses 1,492,878.”

Form 990, Part IX, Line 24E

“Food costs: program service expenses 831. Management and general expenses 0. Fundraising expenses 0. Total expenses 831.”

FORM 990, PART XII, LINE 2C:

“The organization's process for oversight of the audit has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Hoosier academy, inc. Has received a determination from the u.s. Treasury department stating that it qualifies under the provisions of section 501(c)(3) of the internal revenue code as a tax-exempt organization; however, the organization would be subject to tax on income unrelated to its tax-exempt purpose. For the years ended june 30, 2024 and 2023, no accounting for federal and state income taxes was required to be included in the accompanying financial statements.”

Raw XML Appendix378 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/BOYAmt01369335
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01764048
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF HOOSIER ACADEMIES IS TO PROVIDE A PARTNERSHIP WITH PARENTS THAT STRIVES FOR CONTINUED GROWTH AND IMPROVEMENT IN FAMILY SATISFACTION, STUDENT ACHIEVEMENT, AND SOCIAL ENRICHMENT. WE EMBRACE OUR CULTURALLY DIVERSE SCHOOL COMMUNITY AND BELIEVE SCHOOL ACCOUNTABILITY, TEACHER COMPETENCE, AND PARENT INVOLVEMENT MUST BE AT THE CENTER OF STUDENT LEARNING AND ACHIEVEMENT.
IRS990/AdvertisingGrp/ProgramServicesAmt019842
IRS990/AdvertisingGrp/TotalAmt019842
IRS990/AllOtherContributionsAmt0117
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0831
IRS990/AllOtherExpensesGrp/TotalAmt0831
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0K12 MANAGEMENT INC
IRS990/BooksInCareOfDetail/PhoneNum07032635511
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011720 PLAZA AMERICA DRIVE 9TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0RESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020190
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0752764
IRS990/CashNonInterestBearingGrp/EOYAmt01170054
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08847922
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05365409
IRS990/CYOtherRevenueAmt01489
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01119
IRS990/CYSalariesCompEmpBnftPaidAmt03482883
IRS990/CYTotalExpensesAmt08848292
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08849411
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0THE ORGANIZATION PROVIDES EDUCATIONAL INSTRUCTION TO STUDENTS IN GRADES SEVEN THROUGH TWELVE VIA A VIRTUAL ACADEMY. BETWEEN 720-1434 STUDENTS WERE SERVED DURING THE 2023-2024 SCHOOL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0HOOSIER COLLEGE AND CAREER ACADEMY
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt064
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08407559
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0132202
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01360676
IRS990/FeesForServicesOtherGrp/TotalAmt01492878
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JAYME SHORT-DELEON
IRS990/Form990PartVIISectionAGrp/PersonNm1GARY MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm2PETER PIZARRO
IRS990/Form990PartVIISectionAGrp/PersonNm3ANYA JANEWAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt08847805
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08849411
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt074967
IRS990/InsuranceGrp/TotalAmt074967
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt029051
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt029051
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O FOR MISSION STATEMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0392
IRS990/NetAssetsOrFundBalancesEOYAmt01511
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0392
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01511
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt078019
IRS990/OccupancyGrp/TotalAmt078019
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09764
IRS990/OfficeExpensesGrp/ProgramServicesAmt03288021
IRS990/OfficeExpensesGrp/TotalAmt03297785
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt064377
IRS990/OtherAssetsTotalGrp/EOYAmt022392
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0328511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0328511
IRS990/OtherExpensesGrp/Desc0AUTHORIZER FEES
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0189426
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt134374
IRS990/OtherExpensesGrp/ProgramServicesAmt0146579
IRS990/OtherExpensesGrp/ProgramServicesAmt17941
IRS990/OtherExpensesGrp/ProgramServicesAmt25743
IRS990/OtherExpensesGrp/TotalAmt0189426
IRS990/OtherExpensesGrp/TotalAmt1180953
IRS990/OtherExpensesGrp/TotalAmt27941
IRS990/OtherExpensesGrp/TotalAmt35743
IRS990/OtherLiabilitiesGrp/BOYAmt064377
IRS990/OtherLiabilitiesGrp/EOYAmt022392
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01489
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01489
IRS990/OtherRevenueTotalAmt01489
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02726762
IRS990/OtherSalariesAndWagesGrp/TotalAmt02726762
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0261481
IRS990/PayrollTaxesGrp/TotalAmt0261481
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0166129
IRS990/PensionPlanContributionsGrp/TotalAmt0166129
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0607553
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0586370
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09135
IRS990/PrincipalOfficerNm0JAYME SHORT-DELEON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07096399
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04026408
IRS990/PYOtherRevenueAmt0971
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0392
IRS990/PYSalariesCompEmpBnftPaidAmt03070570
IRS990/PYTotalExpensesAmt07096978
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07097370
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01119
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01489
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029051
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029051
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08848292
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08849411
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HOOSIER ACADEMY, INC. HAS RECEIVED A DETERMINATION FROM THE U.S. TREASURY DEPARTMENT STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION; HOWEVER, THE ORGANIZATION WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt08848292
IRS990ScheduleD/TotalLiabilityAmt022392
IRS990ScheduleD/TotalRevenuePerForm990Amt08849411
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08849411
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08848292
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 POLICY IS CONTAINED IN ALL MARKETING MATERIALS, ENROLLMENT FORMS, AND WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE CHARTER SCHOOLS OPERATED BY THE ORGANIZATION RECEIVE STATE FUNDING UNDER THE INDIANA CHARTER SCHOOLS ACT (INDIANA CODE 20-24) AND FEDERAL FUNDS UNDER VARIOUS EDUCATIONAL PROGRAMS ADMINISTERED BY THE INDIANA DEPARTMENT OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF HOOSIER ACADEMIES IS TO PROVIDE A PARTNERSHIP WITH PARENTS THAT STRIVES FOR CONTINUED GROWTH AND IMPROVEMENT IN FAMILY SATISFACTION, STUDENT ACHIEVEMENT, AND SOCIAL ENRICHMENT. WE EMBRACE OUR CULTURALLY DIVERSE SCHOOL COMMUNITY AND BELIEVE SCHOOL ACCOUNTABILITY, TEACHER COMPETENCE, AND PARENT INVOLVEMENT MUST BE AT THE CENTER OF STUDENT LEARNING AND ACHIEVEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1K12 INC. PROVIDES INTELLECTUAL, IT, AND FINANCIAL OVERSIGHT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE GOVERNING BODY, THE FINANCE DIRECTOR FROM K12, THE HEAD OF SCHOOL AND THE OFFICE MANAGER THAT PERFORMS DAY TO DAY ACCOUNTING DUTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNDER THE CONFLICT OF INTEREST POLICY, EACH OFFICER, DIRECTOR, AND EMPLOYEE HAS A CONTINUING, AFFIRMATIVE DUTY TO DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING A PROPOSED TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION IS MANAGED BY K12 CLASSROOM, LLC AND AS SUCH DOES NOT DIRECTLY EMPLOY A CEO, EXECUTIVE DIRECTOR, OR OTHER EXECUTIVE PERSONNEL. THE COMPENSATION OF EMPLOYEES OF THE ORGANIZATION ARE DETERMINED BY INDUSTRY STANDARDS AND ARE APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION DETERMINATION FOR ALL PERSONNEL ARE BASED ON DATA RELATING TO COMPARABLE POSITIONS IN THE SAME MARKETPLACE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,360,676. MANAGEMENT AND GENERAL EXPENSES 132,202. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,492,878.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FOOD COSTS: PROGRAM SERVICE EXPENSES 831. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 831.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01434104
IRS990/TotalAssetsEOYAmt01787951
IRS990/TotalAssetsGrp/BOYAmt01434104
IRS990/TotalAssetsGrp/EOYAmt01787951
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08847922
IRS990/TotalEmployeeCnt064
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0440733
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08407559
IRS990/TotalFunctionalExpensesGrp/TotalAmt08848292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01433712
IRS990/TotalLiabilitiesEOYAmt01786440
IRS990/TotalLiabilitiesGrp/BOYAmt01433712
IRS990/TotalLiabilitiesGrp/EOYAmt01786440
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0392
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01511
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08407559
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01489
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08849411
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01434104
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01787951
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017024
IRS990/TravelGrp/TotalAmt017024
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05650 CAITO DRIVE
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046226
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0HCCA.K12.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAYME SHORT-DELEON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03174956494
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOOSIER ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0HOOS
ReturnHeader/Filer/EIN0205926653
ReturnHeader/Filer/PhoneNum03174956494
ReturnHeader/Filer/USAddress/AddressLine1Txt05650 CAITO DRIVE
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046226
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 SW ADAMS STREET SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PEORIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061602
ReturnHeader/PreparerPersonGrp/PhoneNum03096714500
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW SMITH CPA
ReturnHeader/ReturnTs02025-05-06T08:39:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.