Civic Intelligence

Irvington Community Schools Inc

990 • Fiscal year 2018 • EIN 26-0037185

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 14, 2019

Organization ProfileWWW.ICS-CHARTER.ORG

View Organization Page

6705 E Julian AvenueIndianapolis, IN 46219

(317) 357-3770

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.02x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

1.13x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

60th percentile

6.4%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$121,819

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

49th percentile

1.4%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

0.7%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$9,803,489

Up $138,292 (+1.4%) from 2017

Net Assets

Up

-$216,812

Up $571,623 (+73%) from 2017

Liabilities

Down

$10,020,301

Down $433,331 (-4.1%) from 2017

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin60th percentile

Revenue

Up

$8,883,837

Up $60,691 (+0.7%) from 2017

Expenses

Up

$8,312,214

Up $223,446 (+2.8%) from 2017

Net Income

Down

$571,623

Down $162,755 (-22%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $10,942,552Liabilities 2010: $11,057,844Net Assets 2010: -$115,2922010Assets 2011: $12,248,107Liabilities 2011: $13,091,325Net Assets 2011: -$843,2182011Assets 2012: $11,971,996Liabilities 2012: $13,525,121Net Assets 2012: -$1,553,1252012Assets 2013: $8,811,479Liabilities 2013: $10,822,024Net Assets 2013: -$2,010,5452013Assets 2014: $8,718,979Liabilities 2014: $10,829,864Net Assets 2014: -$2,110,8852014Assets 2015: $8,584,386Liabilities 2015: $11,184,950Net Assets 2015: -$2,600,5642015Assets 2016: $9,246,133Liabilities 2016: $10,985,705Net Assets 2016: -$1,739,5722016Assets 2017: $9,665,197Liabilities 2017: $10,453,632Net Assets 2017: -$788,4352017Assets 2018: $9,803,489Liabilities 2018: $10,020,301Net Assets 2018: -$216,8122018Assets 2019: $10,604,801Liabilities 2019: $11,365,493Net Assets 2019: -$760,6922019Assets 2020: $11,453,488Liabilities 2020: $10,941,931Net Assets 2020: $511,5572020Assets 2021: $11,536,265Liabilities 2021: $10,126,915Net Assets 2021: $1,409,3502021Assets 2022: $12,311,353Liabilities 2022: $10,378,950Net Assets 2022: $1,932,4032022Assets 2023: $12,265,838Liabilities 2023: $10,521,725Net Assets 2023: $1,744,1132023Assets 2024: $11,987,199Liabilities 2024: $10,186,360Net Assets 2024: $1,800,8392024

Highlighted filing

2018

Assets$9,803,489
Liabilities$10,020,301
Net Assets-$216,812
Open 2018 Filing

Operations Trend

Revenue Growth40th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,260,7122010Expenses 2011: $8,096,0442011Expenses 2012: $9,134,5742012Expenses 2013: $9,210,2202013Revenue 2014: $8,815,157Expenses 2014: $9,103,153Net Income 2014: -$287,9962014Revenue 2015: $8,773,462Expenses 2015: $9,263,141Net Income 2015: -$489,6792015Revenue 2016: $9,058,703Expenses 2016: $8,813,048Net Income 2016: $245,6552016Revenue 2017: $8,823,146Expenses 2017: $8,088,768Net Income 2017: $734,3782017Revenue 2018: $8,883,837Expenses 2018: $8,312,214Net Income 2018: $571,6232018Revenue 2019: $7,922,609Expenses 2019: $8,466,489Net Income 2019: -$543,8802019Revenue 2020: $10,186,110Expenses 2020: $8,913,861Net Income 2020: $1,272,2492020Revenue 2021: $10,230,749Expenses 2021: $9,332,956Net Income 2021: $897,7932021Revenue 2022: $11,679,865Expenses 2022: $11,156,812Net Income 2022: $523,0532022Revenue 2023: $12,517,747Expenses 2023: $12,706,037Net Income 2023: -$188,2902023Revenue 2024: $13,139,360Expenses 2024: $13,082,634Net Income 2024: $56,7262024

Highlighted filing

2018

Revenue$8,883,837
Expenses$8,312,214
Net Income$571,623
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 14, 2019
Return Version
2017v2.3
Gross Receipts
$8,897,024
Mission and Program Overview

Mission

The school is an inner-city indianapolis charter school that provides small, safe learning community where respectful behaviors are modeled and expected.

Inner-city charter school that provides a small, safe learning community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,616,037$6,465,698▼ $150,339
Pledges and Grants Receivable$944,391$919,068▼ $25,323
Cash and Non-Interest-Bearing Accounts$381,379$738,288▲ $356,909
Intangible Assets$405,443$347,523▼ $57,920
Prepaid Expenses and Deferred Charges$93,159$93,940▲ $781
Total Assets$9,665,197$9,803,489▲ $138,292
Other Assets Total$1,224,788$1,238,972▲ $14,184
Liabilities
Tax Exempt Bond Liabilities$8,682,145$8,511,187▼ $170,958
Unsecured Notes Loans Payable$914,208$841,145▼ $73,063
Other Liabilities$343,216$414,334▲ $71,118
Accounts Payable and Accrued Expenses$514,063$253,635▼ $260,428
Total Liabilities$10,453,632$10,020,301▼ $433,331
Net Assets / Fund Balance
Temporarily Rstr Net Assets$841,005$841,005→ $0
Unrestricted Net Assets$-1,629,440$-1,057,817▲ $571,623
Total Net Assets Fund Balance$-788,435$-216,812▲ $571,623
Total Liabilities and Net Assets / Fund Balance$9,665,197$9,803,489▲ $138,292

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,933,027$1,865,267$4,798,294
Leasehold Improvements$2,749,377$666,429$3,415,806
Equipment$236,828$1,534,293$1,771,121
Other Land Buildings$127,943$549,832$677,775
Land$418,523-$418,523
Other Assets Org$1,238,972--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy MulherinCEOFT$118,219$3,600$121,819
Harold AllenCFOFT$96,410$3,060$99,470

Board Members and Trustees

NameTitle
Stephanie KellyChairwoman
Thomas LannanVice Chair
John Britain JrAdvancement Committee
Chris WeltyFinance Committee
John GoebelFinance Committee
Suzanne KoehlerFinance Committee
Jennifer DarbyMember at Large
Leona FrankTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,532,188
Program Service Revenue
$318,353
Investment Income
$8,460
Other Revenue
$24,836
All Other Contributions
$20,990
Change in Net Assets
$571,623

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,883,837
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$920,235
Total Revenue per Audited Statements
$9,804,072
Total Revenue per Form 990
$8,883,837
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,461,910
Other Expenses$2,850,304
Total Fundraising Expense$25,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,633,203$634,063-$4,267,266
Interest$642,171$103,103-$745,274
Fees for Services Other$451,357$184,795$25,992$662,144
Other Employee Benefits$408,664$96,724-$505,388
Depreciation Depletion$385,481$68,026-$453,507
Payroll Taxes$271,852$64,344-$336,196
Current Officers, Directors, Trustees, and Key Employees-$225,863-$225,863
Occupancy$180,433$31,841-$212,274
Pension Plan Contributions$102,853$24,344-$127,197
Other Expenses$95,781--$95,781
Insurance$61,917$10,927-$72,844
All Other Expenses$34,959--$34,959
Information Technology$26,344$7,752-$34,096
Advertising$9,464$13,842-$23,306
Travel$27$192-$219
Total Functional Expenses$6,820,406$1,465,816$25,992$8,312,214

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,232,449
Expenses per Audited Statements$8,312,214
Total Expenses per Form 990$8,312,214
Expenses Not Reported on Form 990$920,235
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,987
Fundraising Direct Expenses$13,187
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ics Open$22,639$22,639$373$22,266
RAVEN'S RIDE$7,348$7,348$6,560$788
Total Events$29,987$29,987$13,187$16,800
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$336,702
Capital Leases$77,632

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndiana Development Finance Authority2009-07-01$7,963,266Construction school facilities and current refunding

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,972,985$5,852,987$160,000$155,000

Bond Financing Compliance

No rebate due
Yes
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
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 B, Line 11B

“The cfo does a detailed review of the 990. Copies of the final version of the 990 are distributed to all board members prior to filing.”

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

“Irvington community school has a conflict of interest policy in its by-laws that board members abide by. Board members are required to sign annual disclosure statements and conflict of interest policies if a board member has a conflict they recuse themselves from discussion and voting in that area.”

Form 990, Part VI, Section B, Line 15A

“The board of directors reviews and approves president and officer compensation on an annual basis, using compensation research to determine the appropriate compensation.”

Form 990, Part VI, Section C, Line 19

“Irvington community school's governing documents, conflicts of interst policy and financial statements are published on it's website and are also available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Irvington Community School Inc
EIN
26-0037185
Phone
3173573770
Address
6705 E JULIAN AVENUE, INDIANAPOLIS, IN 46219

Signing Officer

Name
Harold T Allen Jr
Title
Director of Finance
Phone
3173573770
Signed
2019-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Mulherin
Formed
2001
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
123
Volunteers
22

Preparer

Firm
Sikich Llp
Address
8555 NORTH RIVER ROAD SUITE 300, INDIANAPOLIS, IN 46240
Preparer
Jill M Boyle CPA
Phone
3178424466
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is exempt from federal income taxes under section 501(c)(3) of the u.s. Internal revenue code as other than a private foundation and is exempt from federal and state income taxes on related income pursuant to section 501(a) of the code. Accordingly, no provision for income taxes has been reflected in the school's financial statements.”

Raw XML AppendixShowing 400 of 542 raw XML fields

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IRS990/Desc0THE SCHOOL FOCUSES ON HIRING THE BEST AVAILABLE TEACHING TALENT AND PROVIDING THEIR TEACHERS WITH THE RESOURCES TO ENSURE SUCCESS IN THE CLASSROOM. THIS NOT ONLY INCLUDES PHYSICAL EQUIPMENT, ESPECIALLY THE USE OF THE LATEST INSTRUCTIONAL TECHNOLOGY, BUT ALSO EMPLOYING A PERFORMANCE MANAGEMENT SYSTEM TO PROVIDE CONSTRUCTIVE ONGOING FEEDBACK AS A METHOD OF CONTINUOUS IMPROVEMENT. TEACHERS ARE COACHED ON DEVELOPING EFFECTIVE INSTRUCTIONAL CLASSROOM MANAGEMENT TECHNIQUES BEYOND THEIR EDUCATION TRAINING, BECAUSE ISTEP IS THE ULTIMATE MEASURE OF SUCCESS OF THE SCHOOL'S STUDENTS AND TEACHERS IN ELEMENTARY AND MIDDLE SCHOOL. THE SCHOOL USES NWEA ASSESSMENT IN GRADES K-8 TO TRACK STUDENTS' LEARNING PROGRESS AND PREPARE THEM FOR STANDARDIZED TESTING IN THE SPRING. CLASSROOM CURRICULUM IS, OF COURSE, FINE-TUNED TO PREPARE STUDENTS FOR ISTEP. SIMILARLY, THE STUDENTS RECEIVE THE END OF COURSE ASSESSMENT (ECA) SEVERAL TIMES DURING THEIR HIGH SCHOOL CAREER IN PREPARATION TO QUALIFY FOR GRADUATION.
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IRS990/InterestGrp/ProgramServicesAmt0642171
IRS990/InterestGrp/TotalAmt0745274
IRS990/InvestmentIncomeGrp/ExclusionAmt08460
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08460
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt047
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04615821
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06616037
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06465698
IRS990/LandBldgEquipCostOrOtherBssAmt011081519
IRS990/LegalDomicileStateCd0IN
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SCHOOL IS AN INNER-CITY INDIANAPOLIS CHARTER SCHOOL THAT PROVIDES SMALL, SAFE LEARNING COMMUNITY WHERE RESPECTFUL BEHAVIORS ARE MODELED AND EXPECTED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-788435
IRS990/NetAssetsOrFundBalancesEOYAmt0-216812
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt016800
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt016800
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0300
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0300
IRS990/NetUnrelatedBusTxblIncmAmt04354
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt031841
IRS990/OccupancyGrp/ProgramServicesAmt0180433
IRS990/OccupancyGrp/TotalAmt0212274
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01224788
IRS990/OtherAssetsTotalGrp/EOYAmt01238972
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt096724
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0408664
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0505388
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL SERVICES
IRS990/OtherExpensesGrp/Desc2COURSE MATERIALS & SUPP
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT PURCHAS
IRS990/OtherExpensesGrp/ProgramServicesAmt0321401
IRS990/OtherExpensesGrp/ProgramServicesAmt198185
IRS990/OtherExpensesGrp/ProgramServicesAmt296314
IRS990/OtherExpensesGrp/ProgramServicesAmt395781
IRS990/OtherExpensesGrp/TotalAmt0321401
IRS990/OtherExpensesGrp/TotalAmt198185
IRS990/OtherExpensesGrp/TotalAmt296314
IRS990/OtherExpensesGrp/TotalAmt395781
IRS990/OtherLiabilitiesGrp/BOYAmt0343216
IRS990/OtherLiabilitiesGrp/EOYAmt0414334
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07736
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07736
IRS990/OtherRevenueTotalAmt07736
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0634063
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03633203
IRS990/OtherSalariesAndWagesGrp/TotalAmt04267266
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt064344
IRS990/PayrollTaxesGrp/ProgramServicesAmt0271852
IRS990/PayrollTaxesGrp/TotalAmt0336196
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt024344
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0102853
IRS990/PensionPlanContributionsGrp/TotalAmt0127197
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0944391
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0919068
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt093159
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt093940
IRS990/PrincipalOfficerNm0TIM MULHERIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT & TEXTBOOK FEE
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165547
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt177267
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt275539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165547
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177267
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt275539
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08496318
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02000
IRS990/PYOtherExpensesAmt02490092
IRS990/PYOtherRevenueAmt034531
IRS990/PYProgramServiceRevenueAmt0290297
IRS990/PYRevenuesLessExpensesAmt0734378
IRS990/PYSalariesCompEmpBnftPaidAmt05598676
IRS990/PYTotalExpensesAmt08088768
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08823146
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0571623
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0300
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0326089
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02933027
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01865267
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04798294
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0920235
IRS990ScheduleD/DonatedServicesUseFcltsAmt0920235
IRS990ScheduleD/EquipmentGrp/BookValueAmt0236828
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01534293
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01771121
IRS990ScheduleD/ExpensesNotReportedAmt0920235
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08312214
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0418523
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0418523
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02749377
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0666429
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03415806
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01238972
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS WITH BOND TRUSTEE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0127943
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0549832
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0677775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0336702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt177632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL LEASES
IRS990ScheduleD/RevenueNotReportedAmt0920235
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08883837
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE SCHOOL'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06465698
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01238972
IRS990ScheduleD/TotalExpensesPerForm990Amt08312214
IRS990ScheduleD/TotalLiabilityAmt0414334
IRS990ScheduleD/TotalRevenuePerForm990Amt08883837
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09804072
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09232449
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 IS A PUBLIC SCHOOL. PURSUANT TO THE ENABLING STATURE, (IC 20-5.5-2-2), THE ORGANIZATION IS SUBJECT TO ALL FEDERAL AND STATE LAWS THAT PROHIBIT DISCRIMINATION
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES GOVERNMENTAL GRANTS TO SUPPORT EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013187
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ICS OPEN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RAVEN'S RIDE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0353
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0353
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022639
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07348
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029987
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022639
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07348
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029987
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016800
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0489
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0489
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06933
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0373
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06560
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt05412
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05412
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ISSUER NAME: INDIANA DEVELOPMENT FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/01/2018
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,803,489
Liabilities
$10,020,301
Net assets
-$216,812
Revenue
$8,883,837
Expenses
$8,312,214
Net income
$571,623
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$10.2$1.80$13.1$13.1$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$10.5$1.74$12.5$12.7$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$10.4$1.93$11.7$11.2$0.52
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.5$10.1$1.41$10.2$9.33$0.90
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$10.9$0.51$10.2$8.91$1.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$11.4$0.76$7.92$8.47$0.54
2018Detailed filing. Detailed filing data is available for this year.$9.80$10.0$0.22$8.88$8.31$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.67$10.5$0.79$8.82$8.09$0.73
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.25$11.0$1.74$9.06$8.81$0.25
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.58$11.2$2.60$8.77$9.26$0.49
2014Detailed filing. Detailed filing data is available for this year.$8.72$10.8$2.11$8.82$9.10$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.81$10.8$2.01$9.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$13.5$1.55$9.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$13.1$0.84$8.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$11.1$0.12$6.26