Civic Intelligence

Indiana Math & Science Academy South Indianapolis Charter School Inc

990 • Fiscal year 2017 • EIN 45-4992195

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 02, 2018

Organization ProfileN/A
2710 Bethel AveIndianapolis, IN 46203

(317) 259-7300

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.08x

Higher debt load relative to revenue than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.8%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-53%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-6.0%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$206,296

Down $233,277 (-53%) from 2016

Net Assets

Up

$0

Up $120,523 (+100%) from 2016

Liabilities

Down

$206,296

Down $353,800 (-63%) from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin55th percentile

Revenue

Down

$2,488,405

Down $157,652 (-6.0%) from 2016

Expenses

Down

$2,368,496

Down $373,803 (-14%) from 2016

Net Income

Up

$119,909

Up $216,151 (+225%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$800K$600K$400K$200K$0-$200KAssets 2014: $381,159Liabilities 2014: $535,668Net Assets 2014: -$154,5092014Assets 2015: $606,839Liabilities 2015: $631,120Net Assets 2015: -$24,2812015Assets 2016: $439,573Liabilities 2016: $560,096Net Assets 2016: -$120,5232016Assets 2017: $206,296Liabilities 2017: $206,296Net Assets 2017: $02017

Highlighted filing

2017

Assets$206,296
Liabilities$206,296
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth25th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,215,006Expenses 2014: $2,378,561Net Income 2014: -$163,5552014Revenue 2015: $2,707,947Expenses 2015: $2,577,719Net Income 2015: $130,2282015Revenue 2016: $2,646,057Expenses 2016: $2,742,299Net Income 2016: -$96,2422016Revenue 2017: $2,488,405Expenses 2017: $2,368,496Net Income 2017: $119,9092017

Highlighted filing

2017

Revenue$2,488,405
Expenses$2,368,496
Net Income$119,909
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 2, 2018
Return Version
2016v3.0
Gross Receipts
$2,557,266
Mission and Program Overview

Mission

We foster an environment of inquiry and a love of learning so students are prepared to thrive in stem-focused high school, college, and the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$251,961$0▼ $251,961
Accounts Receivable-$107,227-
Pledges and Grants Receivable-$63,037-
Cash and Non-Interest-Bearing Accounts$175,431$23,851▼ $151,580
Prepaid Expenses and Deferred Charges$12,181$12,181→ $0
Total Assets$439,573$206,296▼ $233,277
Liabilities
Unsecured Notes Loans Payable$245,000$0▼ $245,000
Accounts Payable and Accrued Expenses$315,096$206,296▼ $108,800
Total Liabilities$560,096$206,296▼ $353,800
Net Assets / Fund Balance
Unrestricted Net Assets$-120,523$0▲ $120,523
Total Net Assets Fund Balance$-120,523$0▲ $120,523
Total Liabilities and Net Assets / Fund Balance$439,573$206,296▼ $233,277
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jeanette Moody End 1016Academic Excellence Chair
David CoatsFinance Chair
Kent Millard End 0617President
Bernice Valentine-wattsDirector
Bulent GulerDirector
Daniel PiersonDirector
Jim Schenck End 0117Director
Lauren BoxDirector
M Emin Ozdemir End 0617Director
Murat Atlamaz End 0716Director
Murat DundarDirector
Murat GonulalanDirector
Ron ErnstDirector
Toby MillerDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Student TransitStudent Transportation1 SODREL DRIVE, Jeffersonville, IN 47130$238,265
Ceres FoodsFood Service5343 WEST ROSCOE STREET, Chicago, IL 60641-4141$129,940
Revenue and Support

Revenue Composition

Contributions and Grants
$2,156,034
Program Service Revenue
$8,407
Investment Income
$14,116
Other Revenue
$309,848
All Other Contributions
$50,263
Change in Net Assets
$119,909

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,488,405
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$182,347
Total Revenue per Audited Statements
$2,670,752
Total Revenue per Form 990
$2,488,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,358,932
Other Expenses$1,009,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$832,894$284,042-$1,116,936
Occupancy$346,440--$346,440
Depreciation Depletion$103,238--$103,238
Other Employee Benefits$74,667$21,568-$96,235
Fees for Services Other$69,020$25,898-$94,918
Payroll Taxes$59,765$20,894-$80,659
Office Expenses$51,046$20,957-$72,003
Pension Plan Contributions$57,079$8,023-$65,102
Information Technology$18,375--$18,375
Fees for Services Accounting-$12,450-$12,450
Insurance-$12,334-$12,334
Advertising-$9,262-$9,262
Travel$3,668$1,962-$5,630
All Other Expenses$3,634$1,371-$5,005
Other Expenses$3,869--$3,869
Total Functional Expenses$1,949,735$418,761$0$2,368,496

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,550,843
Expenses per Audited Statements$2,368,496
Total Expenses per Form 990$2,368,496
Expenses Not Reported on Form 990$182,347
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
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The organization contracted with concept schools, inc. To provide educational, administrative, and management services.”

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

“The organization did not have committees with the authority to act on behalf of the governing body.”

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

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

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

“Members of the board of directors are not required to submit an annual disclosure of interests document; however, members are required to disclose any matters involving a potential conflict at the time that the matter arises. At board meetings, any potential conflicts with an issue at hand are presented and discussed. The party in conflict is precluded from advocating for the action to be taken and from voting on the matter. The board minutes report the nature of the conflict and its resolution.”

Form 990, Part VI, Section B, line 15

“The organization is managed by concept schools, inc. And as such does not directly employ a ceo, executive director, or other executive personnel. The compensation of school employees is determined by reference to industry norms and approved by the board of directors.”

Form 990, Part VI, Section C, line 19

“All governing documents are available for public inspection and may be obtained upon request of the organization's business manager. In addition, board meetings are open to the public whereby any inquiries will be addressed.”

Filing and Contact Details

Filer

Filer Name
Indiana Math & Science Academy - South
EIN
45-4992195
Phone
3172597300
Address
2710 Bethel Ave, Indianapolis, IN 46203

Signing Officer

Name
David Coats
Title
Chairman
Phone
3177801200
Signed
2018-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Coats
Formed
2013
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
31
Volunteers
10

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

“Effective june 30, 2017, the board of directors adopted a resolution to suspend operations and dissolve the corporation.”

Form 990, Part XI, line 9:

“Change in net assets in liquidation 614.”

Form 990, Part XII, Line 2C:

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

Financial Statement Notes

Part X, Line 2:

“Professional accounting standards require the School to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The School has examined this issue and has determined that there are no material contingent tax liabilities or questionable tax positions. Tax years ending 2013 and later are open to audit for both federal and state purposes.”

Raw XML AppendixShowing 400 of 623 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/BOYAmt0315096
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0206296
IRS990/AccountsReceivableGrp/EOYAmt0107227
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WE FOSTER AN ENVIRONMENT OF INQUIRY AND A LOVE OF LEARNING SO STUDENTS ARE PREPARED TO THRIVE IN STEM-FOCUSED HIGH SCHOOL, COLLEGE, AND THE WORLD.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt09262
IRS990/AdvertisingGrp/TotalAmt09262
IRS990/AllOtherContributionsAmt050263
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01371
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03634
IRS990/AllOtherExpensesGrp/TotalAmt05005
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CONCEPT SCHOOLS INC
IRS990/BooksInCareOfDetail/PhoneNum08478243380
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02250 EAST DEVON AVE 215
IRS990/BooksInCareOfDetail/USAddress/CityNm0DES PLAINES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060018
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0175431
IRS990/CashNonInterestBearingGrp/EOYAmt023851
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0238265
IRS990/ContractorCompensationGrp/CompensationAmt1129940
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01 SODREL DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt15343 WEST ROSCOE STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0JEFFERSONVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd047130
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1606414141
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0STUDENT TRANSIT
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1CERES FOODS
IRS990/ContractorCompensationGrp/ServicesDesc0STUDENT TRANSPORTATION
IRS990/ContractorCompensationGrp/ServicesDesc1FOOD SERVICE
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02156034
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt014116
IRS990/CYOtherExpensesAmt01009564
IRS990/CYOtherRevenueAmt0309848
IRS990/CYProgramServiceRevenueAmt08407
IRS990/CYRevenuesLessExpensesAmt0119909
IRS990/CYSalariesCompEmpBnftPaidAmt01358932
IRS990/CYTotalExpensesAmt02368496
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02488405
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0103238
IRS990/DepreciationDepletionGrp/TotalAmt0103238
IRS990/Desc0THE ORGANIZATION PROVIDES 185 DAYS OF EDUCATIONAL INSTRUCTION TO APPROXIMATELY 200 STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHT, WITH A FOCUS ON SCIENCE, MATHEMATICS, AND TECHNOLOGY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt031
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01949735
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012450
IRS990/FeesForServicesAccountingGrp/TotalAmt012450
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025898
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt069020
IRS990/FeesForServicesOtherGrp/TotalAmt094918
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/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0KENT MILLARD END 0617
IRS990/Form990PartVIISectionAGrp/PersonNm1MURAT DUNDAR
IRS990/Form990PartVIISectionAGrp/PersonNm2BULENT GULER
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID COATS
IRS990/Form990PartVIISectionAGrp/PersonNm4M EMIN OZDEMIR END 0617
IRS990/Form990PartVIISectionAGrp/PersonNm5JEANETTE MOODY END 1016
IRS990/Form990PartVIISectionAGrp/PersonNm6RON ERNST
IRS990/Form990PartVIISectionAGrp/PersonNm7MURAT ATLAMAZ END 0716
IRS990/Form990PartVIISectionAGrp/PersonNm8MURAT GONULALAN
IRS990/Form990PartVIISectionAGrp/PersonNm9LAUREN BOX
IRS990/Form990PartVIISectionAGrp/PersonNm10JIM SCHENCK END 0117
IRS990/Form990PartVIISectionAGrp/PersonNm11BERNICE VALENTINE-WATTS
IRS990/Form990PartVIISectionAGrp/PersonNm12DANIEL PIERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13TOBY MILLER
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3FINANCE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5ACADEMIC EXCELLENCE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt014116
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt02105771
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt082977
IRS990/GrossReceiptsAmt02557266
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt018375
IRS990/InformationTechnologyGrp/TotalAmt018375
IRS990/InsuranceGrp/ManagementAndGeneralAmt012334
IRS990/InsuranceGrp/TotalAmt012334
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0251961
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt068861
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0800
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0800
IRS990/MissionDesc0WE FOSTER AN ENVIRONMENT OF INQUIRY AND A LOVE OF LEARNING SO STUDENTS ARE PREPARED TO THRIVE IN STEM-FOCUSED HIGH SCHOOL, COLLEGE, AND THE WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-120523
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt014116
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014116
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0346440
IRS990/OccupancyGrp/TotalAmt0346440
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020957
IRS990/OfficeExpensesGrp/ProgramServicesAmt051046
IRS990/OfficeExpensesGrp/TotalAmt072003
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0614
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021568
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074667
IRS990/OtherEmployeeBenefitsGrp/TotalAmt096235
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS
IRS990/OtherExpensesGrp/Desc3UNIFORMS
IRS990/OtherExpensesGrp/ProgramServicesAmt0166826
IRS990/OtherExpensesGrp/ProgramServicesAmt1132502
IRS990/OtherExpensesGrp/ProgramServicesAmt226712
IRS990/OtherExpensesGrp/ProgramServicesAmt33869
IRS990/OtherExpensesGrp/TotalAmt0166826
IRS990/OtherExpensesGrp/TotalAmt1132502
IRS990/OtherExpensesGrp/TotalAmt226712
IRS990/OtherExpensesGrp/TotalAmt33869
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0DEBT FORGIVENESS
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON TERMINATION OF
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0245000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt145166
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt218882
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0245000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt145166
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt218882
IRS990/OtherRevenueTotalAmt0309848
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0284042
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0832894
IRS990/OtherSalariesAndWagesGrp/TotalAmt01116936
IRS990/PartialLiquidationInd01
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020894
IRS990/PayrollTaxesGrp/ProgramServicesAmt059765
IRS990/PayrollTaxesGrp/TotalAmt080659
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08023
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt057079
IRS990/PensionPlanContributionsGrp/TotalAmt065102
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt063037
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012181
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012181
IRS990/PrincipalOfficerNm0David Coats
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08407
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02567258
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01192855
IRS990/PYOtherRevenueAmt065293
IRS990/PYProgramServiceRevenueAmt013506
IRS990/PYRevenuesLessExpensesAmt0-96242
IRS990/PYSalariesCompEmpBnftPaidAmt01549444
IRS990/PYTotalExpensesAmt02742299
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02646057
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0119909
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08407
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0182347
IRS990ScheduleD/DonatedServicesUseFcltsAmt0182347
IRS990ScheduleD/ExpensesNotReportedAmt0182347
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02368496
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0182347
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02488405
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Professional accounting standards require the School to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The School has examined this issue and has determined that there are no material contingent tax liabilities or questionable tax positions. Tax years ending 2013 and later are open to audit for both federal and state purposes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02368496
IRS990ScheduleD/TotalRevenuePerForm990Amt02488405
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02670752
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02550843
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/ExplanationTxt0ENROLLMENT APPLICATIONS ARE PROVIDED ONLINE AT WWW.SOUTH.IMSAINDY.ORG. THE ADMISSION POLICY CLEARLY STATES THAT ENROLLMENT IS OPEN TO ALL STUDENTS ON A SPACE AVAILABLE BASIS AND THAT THE SCHOOL DOES NOT DISCRIMINATE IN ANY MANNER.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES STATE FUNDS UNDER THE INDIANA CHARTER SCHOOL ACT (INDIANA CODE 20-24). THE ORGANIZATION ALSO RECEIVES FEDERAL FUNDS UNDER GRANTS FOR INSTRUCTION AND SCHOOL LUNCHES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0EQUIPMENT
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1ELECTRONICS, SCIENCE LAB ITEMS, MISC
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2ELECTRONICS, SCIENCE LAB ITEMS, MISC
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3ELECTRONICS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4ELECTRONICS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc5ELECTRONICS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc6LOCKERS
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc7ELECTRONICS
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0NEW PLAN LEARNING INC
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt1IN MATH & SCIENCE ACADEMY - NORTH
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt2IN MATH & SCIENCE ACADEMY - INDIANAPOLIS
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt3MICHIGAN MATH & SCIENCE ACADEMY
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt4MILWAUKEE MATH & SCIENCE ACADEMY
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt5HORIZON SCIENCE ACADEMY OF LORAIN
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt6HORIZON SCIENCE ACADEMY COLUMBUS MIDDLE SCHOOL
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt7HORIZON SCIENCE ACADEMY COLUMBUS HIGH SCHOOL
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt22017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt32017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt42017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt52017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt62017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt72017-06-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$206,296
Liabilities
$206,296
Net assets
$0
Revenue
$2,488,405
Expenses
$2,368,496
Net income
$119,909
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.00$2.49$2.37$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.56$0.12$2.65$2.74$0.10
2015Summary only. Only limited summary data is available for this year.$0.61$0.63$0.02$2.71$2.58$0.13
2014Summary only. Only limited summary data is available for this year.$0.38$0.54$0.15$2.22$2.38$0.16