Civic Intelligence

Kipp Indianapolis Inc.

990 • Fiscal year 2016 • EIN 30-0145826

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 25, 2017

Organization Profilewww.kippindy.com

View Organization Page

1740 East 30th StreetIndianapolis, IN 46218

(317) 637-9780

Siviq Scores

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

Liabilities / Assets

67th percentile

0.38x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

43rd percentile

0.14x

Higher debt load relative to revenue than 43% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

62nd percentile

6.2%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$110,137

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

5th percentile

-18%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2016

Revenue Growth

87th percentile

36%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$2,303,668

Down $1,146,250 (-33%) from 2014

Net Assets

Down

$1,428,389

Down $1,280,383 (-47%) from 2014

Liabilities

Up

$875,279

Up $134,133 (+18%) from 2014

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin62nd percentile

Revenue

Up

$6,403,825

Up $2,934,543 (+85%) from 2014

Expenses

Up

$6,004,941

Up $2,467,672 (+70%) from 2014

Net Income

Up

$398,884

Up $466,871 (+687%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$30M$20M$10M$0-$10MAssets 2011: $1,452,076Liabilities 2011: $1,661,953Net Assets 2011: -$209,8772011Assets 2012: $4,168,336Liabilities 2012: $1,820,228Net Assets 2012: $2,348,1082012Assets 2013: $3,162,097Liabilities 2013: $385,338Net Assets 2013: $2,776,7592013Assets 2014: $3,449,918Liabilities 2014: $741,146Net Assets 2014: $2,708,7722014Assets 2016: $2,303,668Liabilities 2016: $875,279Net Assets 2016: $1,428,3892016Assets 2017: $2,204,224Liabilities 2017: $549,349Net Assets 2017: $1,654,8752017Assets 2018: $2,820,746Liabilities 2018: $758,430Net Assets 2018: $2,062,3162018Assets 2019: $13,481,434Liabilities 2019: $10,768,224Net Assets 2019: $2,713,2102019Assets 2020: $16,347,155Liabilities 2020: $13,361,838Net Assets 2020: $2,985,3172020Assets 2021: $17,764,199Liabilities 2021: $13,136,683Net Assets 2021: $4,627,5162021Assets 2022: $19,111,079Liabilities 2022: $13,256,059Net Assets 2022: $5,855,0202022Assets 2023: $20,460,476Liabilities 2023: $14,624,004Net Assets 2023: $5,836,4722023Assets 2024: $21,214,730Liabilities 2024: $13,582,835Net Assets 2024: $7,631,8952024

Highlighted filing

2016

Assets$2,303,668
Liabilities$875,279
Net Assets$1,428,389
Open 2016 Filing

Operations Trend

Revenue Growth87th percentile

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

$30M$20M$10M$0-$10MExpenses 2011: $2,256,0942011Expenses 2012: $2,810,9652012Expenses 2013: $3,238,3322013Revenue 2014: $3,469,282Expenses 2014: $3,537,269Net Income 2014: -$67,9872014Revenue 2016: $6,403,825Expenses 2016: $6,004,941Net Income 2016: $398,8842016Revenue 2017: $7,082,062Expenses 2017: $6,753,634Net Income 2017: $328,4282017Revenue 2018: $8,326,911Expenses 2018: $7,777,167Net Income 2018: $549,7442018Revenue 2019: $9,957,507Expenses 2019: $9,306,613Net Income 2019: $650,8942019Revenue 2020: $13,110,819Expenses 2020: $12,838,712Net Income 2020: $272,1072020Revenue 2021: $17,067,783Expenses 2021: $15,425,584Net Income 2021: $1,642,1992021Revenue 2022: $22,227,841Expenses 2022: $21,000,337Net Income 2022: $1,227,5042022Revenue 2023: $24,480,597Expenses 2023: $24,499,145Net Income 2023: -$18,5482023Revenue 2024: $28,293,281Expenses 2024: $26,497,858Net Income 2024: $1,795,4232024

Highlighted filing

2016

Revenue$6,403,825
Expenses$6,004,941
Net Income$398,884
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 25, 2017
Return Version
2015v3.0
Gross Receipts
$6,403,825
Mission and Program Overview

Mission

Kipp indy is a network of tuition-free, open-enrollment, college preparatory, public charter schools. Kipp indy's mission is to create a network of schools that provides educationally underserved children with a rigorous education that builds the desire and ability necessary to thrive in college and beyond.

KIPP Indianapolis, Inc. (KIPP Indy) is a network of tuition-free, open-enrollment, college preparatory, public charter schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$588,948$1,036,427▲ $447,479
Land, Buildings, and Equipment, Net$606,555$707,236▲ $100,681
Pledges and Grants Receivable$222,988$400,885▲ $177,897
Accounts Receivable$10,145$80,000▲ $69,855
Prepaid Expenses and Deferred Charges$27,321$52,119▲ $24,798
Inventories for Sale or Use$0$27,001▲ $27,001
Total Assets$1,455,957$2,303,668▲ $847,711
Liabilities
Accounts Payable and Accrued Expenses$135,437$550,279▲ $414,842
Mortgage Notes Payable Secured by Investment Property$291,015$325,000▲ $33,985
Total Liabilities$426,452$875,279▲ $448,827
Net Assets / Fund Balance
Unrestricted Net Assets$1,000,775$1,363,290▲ $362,515
Temporarily Rstr Net Assets$28,730$65,099▲ $36,369
Total Net Assets Fund Balance$1,029,505$1,428,389▲ $398,884
Total Liabilities and Net Assets / Fund Balance$1,455,957$2,303,668▲ $847,711

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$343,202$359,731$702,933
Other Land Buildings$37,092$155,328$192,420
Buildings$155,903$11,070-
Leasehold Improvements$171,039$14,624-
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emily PelinoExecutive DirectorFT$101,892$8,245$110,137

Board Members and Trustees

NameTitle
Brian GarrisonChair
dON pALMERFinance chair
aNDRA lIEPAvICE cHAIR
Barato BrittBoard Member
John MartinBoard Member
Larry SabloskyBoard Member
Regina CrossBoard Member
Ryan VaughnBoard Member
Stanley ChenBoard Member
Wendy YerkesBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
REAL TASTE Catering & Event PlanningCatering3960 MEADOWS DRIVE, Indianapolis, IN 46205$437,376
Mass MutualInsurance1295 STATE STREET, Springfield, MA 01111$263,878
AnthemInsurance220 VIRGINIA AVE, INDIAnapolis, IN 46204$245,135
IpsEducation2451 N KEYSTONE AVE, INDIAnapolis, IN 46218$188,781
Revenue and Support

Revenue Composition

Contributions and Grants
$6,330,090
Program Service Revenue
$19,292
Investment Income
$8
Other Revenue
$54,435
All Other Contributions
$602,217
Change in Net Assets
$398,884

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,403,825
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$126,000
Total Revenue per Audited Statements
$6,529,825
Total Revenue per Form 990
$6,403,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,976,942
Other Expenses$2,027,999
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,979,762$1,154,433-$3,134,195
All Other Expenses$71,589$204,313-$275,902
Other Employee Benefits$193,793$80,213-$274,006
Payroll Taxes$169,621$92,677-$262,298
Pension Plan Contributions$123,203$69,723-$192,926
Depreciation Depletion$192,052--$192,052
Occupancy$174,240--$174,240
Fees for Services Other$89,754$29,107-$118,861
Current Officers, Directors, Trustees, and Key Employees$75,678$37,839-$113,517
Fees for Services Accounting-$94,426-$94,426
Other Expenses$146,815$85,319-$85,319
Insurance$34,478--$34,478
Office Expenses$6,159$23,230-$29,389
Advertising-$27,611-$27,611
Interest$7,269--$7,269
Fees for Services Legal-$7,253-$7,253
Information Technology$6,647--$6,647
Travel$27$126-$153
Total Functional Expenses$4,098,671$1,906,270$0$6,004,941

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,130,941
Expenses per Audited Statements$6,004,941
Total Expenses per Form 990$6,004,941
Expenses Not Reported on Form 990$126,000
Expenses Not Reported on Financial Statements$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
Yes
Other officer compensation reviewed
Yes
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 11

“Each board member will receive a copy of the return via email to notify them of the content of the form and to provide an opportunity for feedback prior to filing.”

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

“Conflicts of interest statements are signed annually by all board members and employees. Board members are not allowed to vote on any issues in which they have or appear to have a conflict of interest.”

Form 990, Part VI, Section B, line 15

“The Executive Director is evaluated annually by the Board of Directors and the Executive Director's annual compensation is determined following the formal evaluation. Compensation and review approval process including performance appraisal are performed by an officer of the organization. All employees of the organization compensation is based on overall job performance and bench marks determined by the employees' manager and/or the officers of the organization. Pay scales are based on similar positions and performance standards consistent for other non-for-profit organizations of similar size and function.”

Form 990, Part VI, Section C, line 19

“The organization's governing documents, conflict of interest policy, and financial statements are discussed at board meetings, which are open to the public. The organization's financial statements are made public through the filing of the Form 990. In addition, financial reporting is available through the Indianapolis mayor's office of charter schools.”

Filing and Contact Details

Filer

Filer Name
Kipp Indianapolis Inc
EIN
30-0145826
Phone
3176379780
Address
1740 East 30th Street, Indianapolis, IN 46218

Signing Officer

Name
Emily Pelino
Title
Executive Director
Phone
3176379780
Signed
2017-04-25

Organization Details

Principal Officer
Emily Pelino
Formed
2004
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
80
Volunteers
400

Preparer

Firm
Greenwalt Cpas Inc
Address
5342 W VERMONT STREET, INDIANAPOLIS, IN 46224
Preparer
Amanda Meko CPA
Phone
3172412999
Supplemental Narrative

Additional Explanations

part XII, line 2C

“The process of the committee for audit oversight has not been changed from the previous year.”

Raw XML AppendixShowing 400 of 487 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/Desc0The academic program of the schools is designed to challenge every student to achieve on or above grade level performance in all academic subjects. While students may enter the schools below grade level in many areas, the schools are prepared for the challenge of equipping students with the knowledge, skills, and habits necessary for success in an academically rigorous college preparatory high school. The schools' curriculums are based upon the Indiana academic standards and are taught rigorously to ensure that students are prepared for a college preparatory high school upon completion of the 8th grade. The schools provide an age-appropriate curriculum for reading, language arts, math, science, and social studies at each grade level and all students are enrolled in physical education. Teachers also lead an advisory role, which consists of instruction in the values, life skills, and study skills.
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IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt05727873
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06403825
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt06647
IRS990/InformationTechnologyGrp/TotalAmt06647
IRS990/InsuranceGrp/ProgramServicesAmt034478
IRS990/InsuranceGrp/TotalAmt034478
IRS990/InterestGrp/ProgramServicesAmt07269
IRS990/InterestGrp/TotalAmt07269
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt027001
IRS990/InvestmentIncomeGrp/ExclusionAmt08
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0540753
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0606555
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0707236
IRS990/LandBldgEquipCostOrOtherBssAmt01247989
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0KIPP Indy is a network of tuition-free, open-enrollment, college preparatory, public charter schools. KIPP Indy's mission is to create a network of schools that provides educationally underserved children with a rigorous education that builds the desire and ability necessary to thrive in college and beyond.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0291015
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0325000
IRS990/NetAssetsOrFundBalancesBOYAmt01029505
IRS990/NetAssetsOrFundBalancesEOYAmt01428389
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0174240
IRS990/OccupancyGrp/TotalAmt0174240
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023230
IRS990/OfficeExpensesGrp/ProgramServicesAmt06159
IRS990/OfficeExpensesGrp/TotalAmt029389
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt080213
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0193793
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0274006
IRS990/OtherExpensesGrp/Desc0Student Meals & Lunches
IRS990/OtherExpensesGrp/Desc1Student Transportation
IRS990/OtherExpensesGrp/Desc2Classroom Expenses
IRS990/OtherExpensesGrp/Desc3staff training
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt085319
IRS990/OtherExpensesGrp/ProgramServicesAmt0460165
IRS990/OtherExpensesGrp/ProgramServicesAmt1367419
IRS990/OtherExpensesGrp/ProgramServicesAmt2146815
IRS990/OtherExpensesGrp/TotalAmt0460165
IRS990/OtherExpensesGrp/TotalAmt1367419
IRS990/OtherExpensesGrp/TotalAmt2146815
IRS990/OtherExpensesGrp/TotalAmt385319
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0Other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt054435
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054435
IRS990/OtherRevenueTotalAmt054435
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01154433
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01979762
IRS990/OtherSalariesAndWagesGrp/TotalAmt03134195
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt092677
IRS990/PayrollTaxesGrp/ProgramServicesAmt0169621
IRS990/PayrollTaxesGrp/TotalAmt0262298
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt069723
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0123203
IRS990/PensionPlanContributionsGrp/TotalAmt0192926
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0222988
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0400885
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027321
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052119
IRS990/PrincipalOfficerNm0Emily Pelino
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0Student Fees
IRS990/ProgramServiceRevenueGrp/Desc1REFUNDS
IRS990/ProgramServiceRevenueGrp/Desc2ADULT LUNCHES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011517
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16227
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21548
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16227
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21548
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05661322
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-289197
IRS990/PYOtherExpensesAmt01886249
IRS990/PYOtherRevenueAmt019443
IRS990/PYProgramServiceRevenueAmt03166
IRS990/PYRevenuesLessExpensesAmt0188017
IRS990/PYSalariesCompEmpBnftPaidAmt03320468
IRS990/PYTotalExpensesAmt05206717
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05394734
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0398884
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019292
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0155903
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011070
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0166973
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0126000
IRS990ScheduleD/DonatedServicesUseFcltsAmt0126000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0343202
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0359731
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0702933
IRS990ScheduleD/ExpensesNotReportedAmt0126000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06004941
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0171039
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014624
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0185663
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037092
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0155328
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0192420
IRS990ScheduleD/RevenueNotReportedAmt0126000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06403825
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0707236
IRS990ScheduleD/TotalExpensesPerForm990Amt06004941
IRS990ScheduleD/TotalRevenuePerForm990Amt06403825
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06529825
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06130941
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 enabling stature, (IC 20-5 5-2-2), the organization is subject to all federal and state laws that prohibit discrimination.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Received governmental grants to support education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER WILL RECEIVE A COPY OF THE RETURN VIA EMAIL TO NOTIFY THEM OF THE CONTENT OF THE FORM AND TO PROVIDE AN OPPORTUNITY FOR FEEDBACK PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflicts of interest statements are signed annually by all board members and employees. Board members are not allowed to vote on any issues in which they have or appear to have a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director is evaluated annually by the Board of Directors and the Executive Director's annual compensation is determined following the formal evaluation. Compensation and review approval process including performance appraisal are performed by an officer of the organization. All employees of the organization compensation is based on overall job performance and bench marks determined by the employees' manager and/or the officers of the organization. Pay scales are based on similar positions and performance standards consistent for other non-for-profit organizations of similar size and function.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's governing documents, conflict of interest policy, and financial statements are discussed at board meetings, which are open to the public. The organization's financial statements are made public through the filing of the Form 990. In addition, financial reporting is available through the Indianapolis mayor's office of charter schools.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS OF THE COMMITTEE FOR AUDIT OVERSIGHT HAS NOT BEEN CHANGED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c

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
$2,303,668
Liabilities
$875,279
Net assets
$1,428,389
Revenue
$6,403,825
Expenses
$6,004,941
Net income
$398,884
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.2$13.6$7.63$28.3$26.5$1.80
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.5$14.6$5.84$24.5$24.5$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$13.3$5.86$22.2$21.0$1.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$13.1$4.63$17.1$15.4$1.64
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$13.4$2.99$13.1$12.8$0.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$10.8$2.71$9.96$9.31$0.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.76$2.06$8.33$7.78$0.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.55$1.65$7.08$6.75$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.30$0.88$1.43$6.40$6.00$0.40
2014Detailed filing. Detailed filing data is available for this year.$3.45$0.74$2.71$3.47$3.54$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.39$2.78$3.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$1.82$2.35$2.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$1.66$0.21$2.26
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $5M-$10M nonprofits