Civic Intelligence

The Independence Academy of Indiana Inc

990 • Fiscal year 2016 • EIN 26-1682732

Aug 01, 2015 to Jul 31, 2016 • Filed on May 16, 2017

Organization ProfileWWW.IAINDIANA.ORG
4701 N Central AvenueIndianapolis, IN 46205

(317) 926-0043

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

85th percentile

32%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

56th percentile

5.7%

Faster revenue growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$382,653

Up $82,917 (+28%) from 2013

Net Assets

Up

$381,579

Up $88,205 (+30%) from 2013

Liabilities

Down

$1,074

Down $5,288 (-83%) from 2013

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin75th percentile

Revenue

Up

$558,334

Up $129,790 (+30%) from 2013

Expenses

Up

$464,330

Up $16,774 (+3.7%) from 2013

Net Income

Up

$94,004

Up $113,016 (+594%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $90,353Liabilities 2010: $0Net Assets 2010: $90,3532010Assets 2011: $306,842Liabilities 2011: $3,262Net Assets 2011: $303,5802011Assets 2012: $328,153Liabilities 2012: $6,413Net Assets 2012: $321,7402012Assets 2013: $299,736Liabilities 2013: $6,362Net Assets 2013: $293,3742013Assets 2016: $382,653Liabilities 2016: $1,074Net Assets 2016: $381,5792016Assets 2017: $556,968Liabilities 2017: $61,460Net Assets 2017: $495,5082017Assets 2018: $730,000Liabilities 2018: $77,597Net Assets 2018: $652,4032018Assets 2019: $757,513Liabilities 2019: $67,606Net Assets 2019: $689,9072019Assets 2020: $956,499Liabilities 2020: $91,117Net Assets 2020: $865,3822020Assets 2021: $1,275,760Liabilities 2021: $111,433Net Assets 2021: $1,164,3272021Assets 2022: $4,765,125Liabilities 2022: $3,082,596Net Assets 2022: $1,682,5292022Assets 2024: $5,080,946Liabilities 2024: $2,790,860Net Assets 2024: $2,290,0862024

Highlighted filing

2016

Assets$382,653
Liabilities$1,074
Net Assets$381,579
Open 2016 Filing

Operations Trend

Revenue Growth56th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $252,1092010Expenses 2011: $267,9512011Expenses 2012: $383,7632012Revenue 2013: $428,544Expenses 2013: $447,556Net Income 2013: -$19,0122013Revenue 2016: $558,334Expenses 2016: $464,330Net Income 2016: $94,0042016Revenue 2017: $630,057Expenses 2017: $524,267Net Income 2017: $105,7902017Revenue 2018: $670,843Expenses 2018: $524,859Net Income 2018: $145,9842018Revenue 2019: $603,252Expenses 2019: $546,504Net Income 2019: $56,7482019Revenue 2020: $827,788Expenses 2020: $654,925Net Income 2020: $172,8632020Revenue 2021: $757,808Expenses 2021: $601,333Net Income 2021: $156,4752021Revenue 2022: $1,563,055Expenses 2022: $930,485Net Income 2022: $632,5702022Revenue 2024: $1,819,769Expenses 2024: $1,534,250Net Income 2024: $285,5192024

Highlighted filing

2016

Revenue$558,334
Expenses$464,330
Net Income$94,004
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
May 16, 2017
Return Version
2015v3.0
Gross Receipts
$573,825
Mission and Program Overview

Mission

Educate students with high functioning autism and aspergers so they may achieve their highest level of independence and acedemic success.

Educate students with high functioning autism and aspergers so they may achieve their highest level of independence and academic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$288,927$381,579▲ $92,652
Cash and Non-Interest-Bearing Accounts$32,845$136,902▲ $104,057
Investments in Publicly Traded Securities$130,784$134,079▲ $3,295
Land, Buildings, and Equipment, Net$71,317$57,226▼ $14,091
Savings and Temporary Cash Investments$50,188$45,466▼ $4,722
Prepaid Expenses and Deferred Charges-$6,038-
Total Assets$289,985$382,653▲ $92,668
Other Assets Total$4,851$2,942▼ $1,909
Liabilities
Other Liabilities$1,058$1,074▲ $16
Total Liabilities$1,058$1,074▲ $16
Net Assets / Fund Balance
Total Net Assets Fund Balance$288,927$381,579▲ $92,652
Total Liabilities and Net Assets / Fund Balance$289,985$382,653▲ $92,668

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$57,226$79,865$137,091
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Carol E GassenPresident
Kari ElbertBoard Member
Linda McleaishBoard Member
Patrick JamisonBoard Member
Doug AbramsSecretary
Andy DietrickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,274
Program Service Revenue
$449,826
Investment Income
$6,558
Other Revenue
$55,676
All Other Contributions
$46,274
Change in Net Assets
$94,004
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$351,310
Other Expenses$113,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$324,881--$324,881
Occupancy$36,280--$36,280
Payroll Taxes$26,429--$26,429
Insurance$18,466--$18,466
Depreciation Depletion$16,105--$16,105
Information Technology$12,375--$12,375
Office Expenses$11,675--$11,675
Fees for Services Accounting$4,809--$4,809
Advertising$1,607--$1,607
Fees for Service Investment Mgmnt Fees$1,072--$1,072
Other Expenses$672--$672
All Other Expenses$255--$255
Total Functional Expenses$464,330$0$0$464,330
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,311
Fundraising Direct Expenses$15,491
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$70,311$70,311$15,491$54,820
Total Events$70,311$70,311$15,491$54,820
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$1,074
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990, part iv, line 11b - the entities form 990 will be reviewed at a board meeting by the members of the board prior to the filing of the return. Form 990, part vi, section c disclosure, line 19: the entities governing documents, conflict of interest policy and financial statements are available to the general public upon request at the office of the organization.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Independence Academy of
EIN
26-1682732
Phone
3179260043
Address
4701 N CENTRAL AVENUE, INDIANAPOLIS, IN 46205

Signing Officer

Name
Carol E Gassen
Title
President
Phone
3179260043
Signed
2017-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol E Gassen
Formed
2008
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
19

Preparer

Firm
Bogdanoff Dages and Co Pc
Address
9333 N MERIDIAN ST STE 108, INDIANAPOLIS, IN 46260-1814
Preparer
Timothy J Dages CPA
Phone
3175711777
Raw XML Appendix356 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATE STUDENTS WITH HIGH FUNCTIONING AUTISM AND ASPERGERS SO THEY MAY ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE AND ACADEMIC SUCCESS.
IRS990/AdvertisingGrp/ProgramServicesAmt01607
IRS990/AdvertisingGrp/TotalAmt01607
IRS990/AllOtherContributionsAmt046274
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0255
IRS990/AllOtherExpensesGrp/TotalAmt0255
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0INDEPENDENCE ACADEMY OF IN INC
IRS990/BooksInCareOfDetail/PhoneNum03179260043
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04701 N CENTRAL AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046205
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt032845
IRS990/CashNonInterestBearingGrp/EOYAmt0136902
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt046274
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06558
IRS990/CYOtherExpensesAmt0113020
IRS990/CYOtherRevenueAmt055676
IRS990/CYProgramServiceRevenueAmt0449826
IRS990/CYRevenuesLessExpensesAmt094004
IRS990/CYSalariesCompEmpBnftPaidAmt0351310
IRS990/CYTotalExpensesAmt0464330
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0558334
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016105
IRS990/DepreciationDepletionGrp/TotalAmt016105
IRS990/Desc0THE STUDENTS OF THE INDEPENDENCE ACADEMY OF INDIANA, INC. MADE PROGRESS IN ACEDEMIC AND SOCIAL LIFE SKILLS WHICH HELPS THEM MEET THE GOALS SET FORTH BY THE INDEPENDENCE ACADEMY OF INDIANA, INC. FOR THE STUDENTS TO FIND SUCESS AND REALIZE THEIR MAXIMUM POTENTIAL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0464330
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04809
IRS990/FeesForServicesAccountingGrp/TotalAmt04809
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt01072
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01072
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROL E GASSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1DOUG ABRAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDY DIETRICK
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA MCLEAISH
IRS990/Form990PartVIISectionAGrp/PersonNm4PATRICK JAMISON
IRS990/Form990PartVIISectionAGrp/PersonNm5KARI ELBERT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt015491
IRS990/FundraisingGrossIncomeAmt070311
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0573825
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt012375
IRS990/InformationTechnologyGrp/TotalAmt012375
IRS990/InsuranceGrp/ProgramServicesAmt018466
IRS990/InsuranceGrp/TotalAmt018466
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt06558
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06558
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0130784
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0134079
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt079865
IRS990/LandBldgEquipBasisNetGrp/BOYAmt071317
IRS990/LandBldgEquipBasisNetGrp/EOYAmt057226
IRS990/LandBldgEquipCostOrOtherBssAmt0137091
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0EDUCATE STUDENTS WITH HIGH FUNCTIONING AUTISM AND ASPERGERS SO THEY MAY ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE AND ACEDEMIC SUCCESS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0288927
IRS990/NetAssetsOrFundBalancesEOYAmt0381579
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt054820
IRS990/NetUnrlzdGainsLossesInvstAmt0-1394
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt036280
IRS990/OccupancyGrp/TotalAmt036280
IRS990/OfficeExpensesGrp/ProgramServicesAmt011675
IRS990/OfficeExpensesGrp/TotalAmt011675
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04851
IRS990/OtherAssetsTotalGrp/EOYAmt02942
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES EXPENS
IRS990/OtherExpensesGrp/Desc2REALIZED GAIN(LOSS)
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt07187
IRS990/OtherExpensesGrp/ProgramServicesAmt11749
IRS990/OtherExpensesGrp/ProgramServicesAmt2768
IRS990/OtherExpensesGrp/ProgramServicesAmt3672
IRS990/OtherExpensesGrp/TotalAmt07187
IRS990/OtherExpensesGrp/TotalAmt11749
IRS990/OtherExpensesGrp/TotalAmt2768
IRS990/OtherExpensesGrp/TotalAmt3672
IRS990/OtherLiabilitiesGrp/BOYAmt01058
IRS990/OtherLiabilitiesGrp/EOYAmt01074
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1RECONCILIATION DISCREPANCIES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0795
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt161
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0795
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt161
IRS990/OtherRevenueTotalAmt0856
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0324881
IRS990/OtherSalariesAndWagesGrp/TotalAmt0324881
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt026429
IRS990/PayrollTaxesGrp/TotalAmt026429
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06038
IRS990/PrincipalOfficerNm0CAROL E GASSEN
IRS990/PriorPeriodAdjustmentsAmt042
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUTION AND MATERIAL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0449826
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0449826
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt041150
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0110
IRS990/PYOtherExpensesAmt0117324
IRS990/PYOtherRevenueAmt046474
IRS990/PYProgramServiceRevenueAmt0440282
IRS990/PYRevenuesLessExpensesAmt070014
IRS990/PYSalariesCompEmpBnftPaidAmt0340678
IRS990/PYTotalExpensesAmt0458002
IRS990/PYTotalRevenueAmt0528016
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt094004
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0288927
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0381579
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050188
IRS990/SavingsAndTempCashInvstGrp/EOYAmt045466
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt057226
IRS990ScheduleD/EquipmentGrp/DepreciationAmt079865
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0137091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt057226
IRS990ScheduleD/TotalLiabilityAmt01074
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INDEPENDENCE ACADEMY OF INDIANA, INC. PUBLISHES ITS NONDISCRIMINATION POLICY IN THE INDIANAPOLIS STAR - THE LOCAL/REGIONAL NEWSPAPER FOR THE INDIANAPOLIS ARE. THE NONDISCRIMINATION POLICY IS ALSO STATED ON ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015491
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt070311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt070311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt070311
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt070311
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt054820
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015491
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015491
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART IV, LINE 11B - THE ENTITIES FORM 990 WILL BE REVIEWED AT A BOARD MEETING BY THE MEMBERS OF THE BOARD PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION C DISCLOSURE, LINE 19: THE ENTITIES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AT THE OFFICE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0289985
IRS990/TotalAssetsEOYAmt0382653
IRS990/TotalAssetsGrp/BOYAmt0289985
IRS990/TotalAssetsGrp/EOYAmt0382653
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt046274
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0464330
IRS990/TotalFunctionalExpensesGrp/TotalAmt0464330
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01058
IRS990/TotalLiabilitiesEOYAmt01074
IRS990/TotalLiabilitiesGrp/BOYAmt01058
IRS990/TotalLiabilitiesGrp/EOYAmt01074
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0288927
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0381579
IRS990/TotalProgramServiceExpensesAmt0464330
IRS990/TotalProgramServiceRevenueAmt0449826
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0457240
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0558334
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0289985
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0382653
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04701 N CENTRAL AVENUE
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046205
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.IAINDIANA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL E GASSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03179260043
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INDEPENDENCE ACADEMY OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INDIANA INC
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0261682732
ReturnHeader/Filer/PhoneNum03179260043
ReturnHeader/Filer/USAddress/AddressLine1Txt04701 N CENTRAL AVENUE
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472480163
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOGDANOFF DAGES AND CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09333 N MERIDIAN ST STE 108
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0462601814
ReturnHeader/PreparerPersonGrp/PhoneNum03175711777
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY J DAGES CPA
ReturnHeader/ReturnTs02017-05-17T08:31:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-08-01
ReturnHeader/TaxPeriodEndDt02016-07-31
ReturnHeader/TaxYr02015

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
$382,653
Liabilities
$1,074
Net assets
$381,579
Revenue
$558,334
Expenses
$464,330
Net income
$94,004
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$2.79$2.29$1.82$1.53$0.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$3.08$1.68$1.56$0.93$0.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.11$1.16$0.76$0.60$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.09$0.87$0.83$0.65$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.07$0.69$0.60$0.55$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.08$0.65$0.67$0.52$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.06$0.50$0.63$0.52$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.56$0.46$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$0.43$0.45$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.32$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.30$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.25