Civic Intelligence

Indiana Life Sciences Academy Inc

EIN 26-2202852 • 501(c)3 • Indianapolis, IN

Profile

Helping parents prepare their children for lifetime achievement and the global future by creating an innovative and academically excellent school.

4950 W 34th StIndianapolis, IN 46224

www.imagineschoolsilsaw.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-95%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $514,031 (-100%) from 2016

Liabilities

Down

$0

Down $690,397 (-100%) from 2016

Net Assets

Up

$0

Up $176,366 (+100%) from 2016

Operations
Liabilities / Revenue61st percentileNet Margin96th percentile

Revenue

Down

$211,430

Down $4,394,707 (-95%) from 2016

Expenses

Down

$35,064

Down $5,015,982 (-99%) from 2016

Net Income

Up

$176,366

Up $621,275 (+140%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$1.0M$500K$0-$500KAssets 2016: $514,031Liabilities 2016: $690,397Net Assets 2016: -$176,3662016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth5th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $4,606,137Expenses 2016: $5,051,046Net Income 2016: -$444,9092016Revenue 2017: $211,430Expenses 2017: $35,064Net Income 2017: $176,3662017

Highlighted filing

2017

Revenue$211,430
Expenses$35,064
Net Income$176,366
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$211,430
Expenses
$35,064
Net income
$176,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.21$0.04$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.69$0.18$4.61$5.05$0.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$262,487
Mission and Program Overview

Mission

Helping parents prepare their children for lifetime achievement and the global future by creating an innovative and academically excellent school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$349,822$0▼ $349,822
Pledges and Grants Receivable$113,152$0▼ $113,152
Land, Buildings, and Equipment, Net$51,057$0▼ $51,057
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$514,031$0▼ $514,031
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$690,397--
Total Liabilities$690,397$0▼ $690,397
Net Assets / Fund Balance
Unrestricted Net Assets$-176,366$0▲ $176,366
Total Net Assets Fund Balance$-176,366$0▲ $176,366
Total Liabilities and Net Assets / Fund Balance$514,031$0▼ $514,031
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Steven RamosBoard President
Caroline CroninDirector
Emily FrischeDirector
Jamal SmithDirector
Jesus RiveraDirector
Reggie HendersonDirector
Theressa Wright MdDirector
Viveca CarterSecretary
Jorge ArredondoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Schoolhouse FinanceReal Estate Financing1005 N GLEBE ROAD STE 610, Arlington, VA 22201$635,401
Imagine Schools INCManagement Services1005 N GLEBE ROAD STE 610, Arlington, VA 22201$265,755
Miller TransportationStudent Transportation111 OUTER LOOP, Louisville, KY 40214$179,132
Aramark Education Service LLCStudent Meals1635 W MICHIGAN STREET, Indianapolis, IN 46222$167,984
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-51,057
Other Revenue
$262,487
Change in Net Assets
$176,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,064
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$35,064-$35,064
Total Functional Expenses$0$35,064$0$35,064
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 imagine schools, inc. To provide management services to the school. Under the agreement, imagine schools, inc. Is responsible for the administration, operation, and performance of the school.”

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

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

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

“A draft of the form 990 is provided electronically to each board member for review and comment prior to filing.”

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

“Each board member is required annually to complete a conflict of interest form disclosing any possible conflicts. Additionally, all officers, directors, and key employees are required to notify the board of directors within ten days of the award of a contract or receipt of a bid if there is a conflict.”

Form 990, Part VI, Section B, line 15

“The organization is managed by imagine schools, inc. And as such does not directly employ a ceo, executive director, or other executive personnel. The salary for the principal and employees of the school are based upon comparison of salaries offered by other schools in the service area.”

Form 990, Part VI, Section C, line 19

“Documents are made available upon request. In addition, the organization's annual audited financial statements are available on the indiana state board of accounts website.”

Filing and Contact Details

Filer

Filer Name
Indiana Life Sciences Academy Inc
EIN
26-2202852
Phone
2604941818
Address
4950 W 34th St, Indianapolis, IN 46224

Signing Officer

Name
Amy Williams
Title
Regional Finance Director
Phone
2604941818
Signed
2017-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Williams
Formed
2009
Legal Domicile
In
Voting Board Members
0
Independent Board Members
0
Employees
47
Volunteers
0

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 III, line 3

“The school ceased operations effective june 30, 2016.”

Raw XML AppendixShowing 400 of 402 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/BOYAmt0690397
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HELPING PARENTS PREPARE THEIR CHILDREN FOR LIFETIME ACHIEVEMENT AND THE GLOBAL FUTURE BY CREATING AN INNOVATIVE AND ACADEMICALLY EXCELLENT SCHOOL.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMY WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum02604941818
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02000 NORTH WELLS STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT WAYNE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046808
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0349822
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0635401
IRS990/ContractorCompensationGrp/CompensationAmt1265755
IRS990/ContractorCompensationGrp/CompensationAmt2179132
IRS990/ContractorCompensationGrp/CompensationAmt3167984
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01005 N GLEBE ROAD STE 610
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11005 N GLEBE ROAD STE 610
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2111 OUTER LOOP
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt31635 W MICHIGAN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ARLINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ARLINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2LOUISVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3INDIANAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2KY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd022201
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd122201
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd240214
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd346222
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SCHOOLHOUSE FINANCE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1IMAGINE SCHOOLS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MILLER TRANSPORTATION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3ARAMARK EDUCATION SERVICE LLC
IRS990/ContractorCompensationGrp/ServicesDesc0REAL ESTATE FINANCING
IRS990/ContractorCompensationGrp/ServicesDesc1MANAGEMENT SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2STUDENT TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc3STUDENT MEALS
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-51057
IRS990/CYOtherExpensesAmt035064
IRS990/CYOtherRevenueAmt0262487
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0176366
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt035064
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0211430
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0THE ORGANIZATION WAS A PUBLIC CHARTER SCHOOL PROVIDING EDUCATIONAL INSTRUCTION TO STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH, OF WHICH ALL QUALIFIED FOR FREE AND REDUCED-COST MEALS THROUGH THE COMMUNITY ELIGIBILITY PROGRAM. OPERATIONS CEASED EFFECTIVE JUNE 30, 2016. ACTIVITY FOR THE FISCAL YEAR ENDING JUNE 30, 2017 WAS TO WRAP UP OPERATIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt047
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
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/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVEN RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm1THERESSA WRIGHT MD
IRS990/Form990PartVIISectionAGrp/PersonNm2EMILY FRISCHE
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMAL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4REGGIE HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JORGE ARREDONDO
IRS990/Form990PartVIISectionAGrp/PersonNm6JESUS RIVERA
IRS990/Form990PartVIISectionAGrp/PersonNm7CAROLINE CRONIN
IRS990/Form990PartVIISectionAGrp/PersonNm8VIVECA CARTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-51057
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0262487
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt051057
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt051057
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HELPING PARENTS PREPARE THEIR CHILDREN FOR LIFETIME ACHIEVEMENT AND THE GLOBAL FUTURE BY CREATING AN INNOVATIVE AND ACADEMICALLY EXCELLENT SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-176366
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-51057
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-51057
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CLOSEOUT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035064
IRS990/OtherExpensesGrp/TotalAmt035064
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0DEFERRED RENT WRITE OF
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0257692
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14795
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0257692
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14795
IRS990/OtherRevenueTotalAmt0262487
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0113152
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Amy Williams
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04579702
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02998174
IRS990/PYOtherRevenueAmt011953
IRS990/PYProgramServiceRevenueAmt014482
IRS990/PYRevenuesLessExpensesAmt0-444909
IRS990/PYSalariesCompEmpBnftPaidAmt02052872
IRS990/PYTotalExpensesAmt05051046
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04606137
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0176366
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0262487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04579702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05201477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05435975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06173912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021653553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt075847
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03020
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt082747
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011953
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt059800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt056361
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0130449
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99030
IRS990ScheduleA/PublicSupportPY170Pct00.99160
IRS990ScheduleA/PublicSupportTotal170Amt021653553
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0262487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04579702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05201477
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05435975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06173912
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021653553
IRS990ScheduleA/TotalSupportAmt021866749
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0FIXED ASSETS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02016-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt051057
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL CEASED OPERATIONS EFFECTIVE JUNE 30, 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS CONTRACTED WITH IMAGINE SCHOOLS, INC. TO PROVIDE MANAGEMENT SERVICES TO THE SCHOOL. UNDER THE AGREEMENT, IMAGINE SCHOOLS, INC. IS RESPONSIBLE FOR THE ADMINISTRATION, OPERATION, AND PERFORMANCE OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH BOARD MEMBER IS REQUIRED ANNUALLY TO COMPLETE A CONFLICT OF INTEREST FORM DISCLOSING ANY POSSIBLE CONFLICTS. ADDITIONALLY, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO NOTIFY THE BOARD OF DIRECTORS WITHIN TEN DAYS OF THE AWARD OF A CONTRACT OR RECEIPT OF A BID IF THERE IS A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION IS MANAGED BY IMAGINE SCHOOLS, INC. AND AS SUCH DOES NOT DIRECTLY EMPLOY A CEO, EXECUTIVE DIRECTOR, OR OTHER EXECUTIVE PERSONNEL. THE SALARY FOR THE PRINCIPAL AND EMPLOYEES OF THE SCHOOL ARE BASED UPON COMPARISON OF SALARIES OFFERED BY OTHER SCHOOLS IN THE SERVICE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. IN ADDITION, THE ORGANIZATION'S ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE INDIANA STATE BOARD OF ACCOUNTS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0514031
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0514031
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035064
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt035064
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0690397
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0690397
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-176366
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0211430
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211430
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0514031
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-176366
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04950 W 34th St
IRS990/USAddress/CityNm0Indianapolis
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046224
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.imagineschoolsilsaw.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Amy Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Regional Finance Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02604941818
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Indiana Life Sciences Academy Inc
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0262202852
ReturnHeader/Filer/PhoneNum02604941818
ReturnHeader/Filer/USAddress/AddressLine1Txt04950 W 34th St
ReturnHeader/Filer/USAddress/CityNm0Indianapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046224
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F99F15B0032ACA15F4DCABA2093334EF86591C40
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt097.78.71.106
ReturnHeader/FilingSecurityInformation/IPDt02017-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:03:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351356555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONOVAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05151 E US HWY 36
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AVON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046123
ReturnHeader/PreparerPersonGrp/PhoneNum03177456411
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rex E Miller CPA CGMA
ReturnHeader/ReturnTs02017-11-07T08:31:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.