Civic Intelligence

Hoosier Academy Inc.

990 • Fiscal year 2018 • EIN 20-5926653

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 29, 2019

Organization ProfileWWW.INSIDEHOOSIERACADEMIES.COM
2855 North Franklin RdIndianapolis, IN 46219

(317) 547-1400

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.38x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

35th percentile

0.0%

Higher net margin than 35% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

53rd percentile

2.6%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-27%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$7,443,749

Up $185,135 (+2.6%) from 2017

Net Assets

Flat

$0

Flat from 2017

Liabilities

Up

$7,443,749

Up $185,135 (+2.6%) from 2017

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin35th percentile

Revenue

Down

$19,421,620

Down $7,135,542 (-27%) from 2017

Expenses

Down

$19,421,620

Down $7,135,542 (-27%) from 2017

Net Income

Flat

$0

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$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

2018

Assets$7,443,749
Liabilities$7,443,749
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$19,421,620
Expenses$19,421,620
Net Income$0
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 29, 2019
Return Version
2017v2.3
Gross Receipts
$19,421,620
Mission and Program Overview

Mission

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
Pledges and Grants Receivable$5,332,305$5,356,749▲ $24,444
Cash and Non-Interest-Bearing Accounts$1,381,143$1,672,325▲ $291,182
Land, Buildings, and Equipment, Net$456,617$354,994▼ $101,623
Prepaid Expenses and Deferred Charges$48,564$48,298▼ $266
Accounts Receivable$39,985$11,383▼ $28,602
Total Assets$7,258,614$7,443,749▲ $185,135
Liabilities
Accounts Payable and Accrued Expenses$7,221,190$7,418,935▲ $197,745
Deferred Revenue$37,424$24,814▼ $12,610
Total Liabilities$7,258,614$7,443,749▲ $185,135
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$7,258,614$7,443,749▲ $185,135

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$75,991$1,288,003$1,363,994
Leasehold Improvements$279,003$498,309$777,312
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
John MarskePresident
Andrea GilmartinBoard Member
Maurice BolerBoard Member
Michelle Study-campbellBoard Member
April TurnerBoard Member (end 12/17)
Rachel GoodwinHead of School
George GiltnerSecretary
Gary MeyerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Presence Learning INCSpecial Education Services580 MARKET STREET 6TH FLOOR, San Francisco, CA 94104$282,341
Revenue and Support

Revenue Composition

Contributions and Grants
$19,395,938
Program Service Revenue
$0
Investment Income
$2,141
Other Revenue
$23,541
All Other Contributions
$199,000
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,421,620
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$19,421,620
Total Revenue per Form 990
$19,421,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,228,847
Salaries, Compensation, and Employee Benefits$8,192,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,202,380$566,257-$6,768,637
Information Technology$1,939,216$41,987-$1,981,203
Fees for Services Other$739,249$696,298-$1,435,547
Other Employee Benefits$651,494$50,495-$701,989
Fees for Services Management-$603,373-$603,373
Occupancy$488,622--$488,622
Payroll Taxes$438,893$39,181-$478,074
Travel$152,119$110,078-$262,197
Pension Plan Contributions$231,533$12,540-$244,073
Office Expenses$38,249$199,829-$238,078
Depreciation Depletion$120,332--$120,332
Fees for Services Legal-$65,974-$65,974
Insurance-$64,248-$64,248
Other Expenses$58,745$416,209-$58,745
All Other Expenses$24,258--$24,258
Fees for Services Accounting-$7,750-$7,750
Advertising-$1,814-$1,814
Total Functional Expenses$16,545,587$2,876,033$0$19,421,620

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,421,620
Total Expenses per Audited Statements$19,421,620
Total Expenses per Form 990$19,421,620
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has contracted with k12 classroom, llc to provide management services for the school. Under the agreement, k12 classroom, llc is responsible for the administration of the school, including educational programming, personnel management, facility management, financial reporting, student recruitment and admissions, and professional training and development.”

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

“A copy of the return is emailed to each member of the board of directors and is subject to review and approval by the operations manager.”

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.”

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
3175471400
Address
2855 NORTH FRANKLIN RD, INDIANAPOLIS, IN 46219

Signing Officer

Name
John Marske
Title
Board President
Phone
3175471400
Signed
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Marske
Formed
2008
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
187
Volunteers
5

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Rex E Miller CPA Cgma
Phone
3177456411
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

PART X, LINE 2:

“Professional accounting standards require hoosier academy to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is 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. Hoosier academy has examined this issue and has determined that there are no material contingent tax liabilities or questionable tax positions. The tax years ended after 2014 are open to audit for both federal and state purposes.”

Raw XML AppendixShowing 400 of 422 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.

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IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0416209
IRS990/OtherExpensesGrp/ProgramServicesAmt05244959
IRS990/OtherExpensesGrp/ProgramServicesAmt1215538
IRS990/OtherExpensesGrp/ProgramServicesAmt258745
IRS990/OtherExpensesGrp/TotalAmt05244959
IRS990/OtherExpensesGrp/TotalAmt1416209
IRS990/OtherExpensesGrp/TotalAmt2215538
IRS990/OtherExpensesGrp/TotalAmt358745
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023541
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023541
IRS990/OtherRevenueTotalAmt023541
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0566257
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06202380
IRS990/OtherSalariesAndWagesGrp/TotalAmt06768637
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039181
IRS990/PayrollTaxesGrp/ProgramServicesAmt0438893
IRS990/PayrollTaxesGrp/TotalAmt0478074
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012540
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0231533
IRS990/PensionPlanContributionsGrp/TotalAmt0244073
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05332305
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05356749
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt048564
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt048298
IRS990/PrincipalOfficerNm0JOHN MARSKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt026519239
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02127
IRS990/PYOtherExpensesAmt017888327
IRS990/PYOtherRevenueAmt035796
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt08668835
IRS990/PYTotalExpensesAmt026557162
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026557162
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt075991
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01288003
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01363994
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt019421620
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0279003
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0498309
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0777312
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt019421620
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL ACCOUNTING STANDARDS REQUIRE HOOSIER ACADEMY TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS 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. HOOSIER ACADEMY HAS EXAMINED THIS ISSUE AND HAS DETERMINED THAT THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. THE TAX YEARS ENDED AFTER 2014 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0354994
IRS990ScheduleD/TotalExpensesPerForm990Amt019421620
IRS990ScheduleD/TotalRevenuePerForm990Amt019421620
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019421620
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt019421620
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 ORGANIZATION HAS CONTRACTED WITH K12 CLASSROOM, LLC TO PROVIDE MANAGEMENT SERVICES FOR THE SCHOOL. UNDER THE AGREEMENT, K12 CLASSROOM, LLC IS RESPONSIBLE FOR THE ADMINISTRATION OF THE SCHOOL, INCLUDING EDUCATIONAL PROGRAMMING, PERSONNEL MANAGEMENT, FACILITY MANAGEMENT, FINANCIAL REPORTING, STUDENT RECRUITMENT AND ADMISSIONS, AND PROFESSIONAL TRAINING AND DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE RETURN IS EMAILED TO EACH MEMBER OF THE BOARD OF DIRECTORS AND IS SUBJECT TO REVIEW AND APPROVAL BY THE OPERATIONS MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNDER 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/ExplanationTxt4THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07258614
IRS990/TotalAssetsEOYAmt07443749
IRS990/TotalAssetsGrp/BOYAmt07258614
IRS990/TotalAssetsGrp/EOYAmt07443749
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt019395938
IRS990/TotalEmployeeCnt0187
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02876033
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016545587
IRS990/TotalFunctionalExpensesGrp/TotalAmt019421620
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07258614
IRS990/TotalLiabilitiesEOYAmt07443749
IRS990/TotalLiabilitiesGrp/BOYAmt07258614
IRS990/TotalLiabilitiesGrp/EOYAmt07443749
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt016545587
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02141
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023541
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019421620
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07258614
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07443749
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0110078
IRS990/TravelGrp/ProgramServicesAmt0152119
IRS990/TravelGrp/TotalAmt0262197
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02855 NORTH FRANKLIN RD
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046219
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.INSIDEHOOSIERACADEMIES.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MARSKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03175471400
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOOSIER ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0HOOS
ReturnHeader/Filer/EIN0205926653
ReturnHeader/Filer/PhoneNum03175471400
ReturnHeader/Filer/USAddress/AddressLine1Txt02855 NORTH FRANKLIN RD
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,443,749
Liabilities
$7,443,749
Net assets
$0
Revenue
$19,421,620
Expenses
$19,421,620
Net income
$0
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