Civic Intelligence

Carpe Diem Indiana Inc

EIN 45-5235667 • 501(c)3 • Indianapolis, IN

Profile

Carpe diem is a tuition-free public charter school successfully educating 6-12th grade students in a safe, student-focused environment.

2240 North Meridian StreetIndianapolis, IN 46208

n/A

Siviq Scores

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

Liabilities / Assets

100th percentile

7.27x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

2.96x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

5th percentile

-66%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

51st percentile

$59,401

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

6th percentile

-37%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$873,646

Down $504,416 (-37%) from 2017

Liabilities

Up

$6,353,289

Up $908,413 (+17%) from 2017

Net Assets

Down

-$5,479,643

Down $1,412,829 (-35%) from 2017

Operations
Liabilities / Revenue95th percentileNet Margin5th percentile

Revenue

Down

$2,146,917

Down $1,998,986 (-48%) from 2017

Expenses

Down

$3,559,746

Down $1,528,828 (-30%) from 2017

Net Income

Down

-$1,412,829

Down $470,158 (-50%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth6th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $0Liabilities 2011: $02011Assets 2013: $489,059Liabilities 2013: $783,773Net Assets 2013: -$294,7142013Assets 2014: $546,216Liabilities 2014: $904,846Net Assets 2014: -$358,6302014Assets 2015: $1,127,753Liabilities 2015: $1,404,094Net Assets 2015: -$276,3412015Assets 2016: $1,812,647Liabilities 2016: $4,936,790Net Assets 2016: -$3,124,1432016Assets 2017: $1,378,062Liabilities 2017: $5,444,876Net Assets 2017: -$4,066,8142017Assets 2018: $873,646Liabilities 2018: $6,353,289Net Assets 2018: -$5,479,6432018

Highlighted filing

2018

Assets$873,646
Liabilities$6,353,289
Net Assets-$5,479,643
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2013: $1,298,068Expenses 2013: $1,593,713Net Income 2013: -$295,6452013Revenue 2014: $1,698,316Expenses 2014: $1,748,297Net Income 2014: -$49,9812014Revenue 2015: $2,597,450Expenses 2015: $2,515,161Net Income 2015: $82,2892015Revenue 2016: $3,725,730Expenses 2016: $6,491,837Net Income 2016: -$2,766,1072016Revenue 2017: $4,145,903Expenses 2017: $5,088,574Net Income 2017: -$942,6712017Revenue 2018: $2,146,917Expenses 2018: $3,559,746Net Income 2018: -$1,412,8292018

Highlighted filing

2018

Revenue$2,146,917
Expenses$3,559,746
Net Income-$1,412,829
Open 2018 Filing

Filings

Most recent year

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

Open filing
Assets
$873,646
Liabilities
$6,353,289
Net assets
-$5,479,643
Revenue
$2,146,917
Expenses
$3,559,746
Net income
-$1,412,829
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.87$6.35$5.48$2.15$3.56$1.41
2017Detailed filing. Detailed filing data is available for this year.$1.38$5.44$4.07$4.15$5.09$0.94
2016Detailed filing. Detailed filing data is available for this year.$1.81$4.94$3.12$3.73$6.49$2.77
2015Detailed filing. Detailed filing data is available for this year.$1.13$1.40$0.28$2.60$2.52$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.90$0.36$1.70$1.75$0.05
2013Summary only. Only limited summary data is available for this year.$0.49$0.78$0.29$1.30$1.59$0.30
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 1, 2018
Return Version
2017v2.3
Gross Receipts
$2,146,917
Mission and Program Overview

Mission

Carpe diem is a tuition-free public charter school successfully educating 6-12th grade students in a safe, student-focused environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,145,791$845,614▼ $300,177
Prepaid Expenses and Deferred Charges$20,474$21,395▲ $921
Cash and Non-Interest-Bearing Accounts$71,489$4,837▼ $66,652
Pledges and Grants Receivable$140,308$1,800▼ $138,508
Total Assets$1,378,062$873,646▼ $504,416
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,729,157$4,742,668▲ $1,013,511
Other Liabilities$1,321,243$1,321,243→ $0
Accounts Payable and Accrued Expenses$299,588$217,464▼ $82,124
Unsecured Notes Loans Payable$94,888$71,914▼ $22,974
Total Liabilities$5,444,876$6,353,289▲ $908,413
Net Assets / Fund Balance
Unrestricted Net Assets$-4,066,814$-5,479,643▼ $1,412,829
Total Net Assets Fund Balance$-4,066,814$-5,479,643▼ $1,412,829
Total Liabilities and Net Assets / Fund Balance$1,378,062$873,646▼ $504,416

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$765,205$1,268,265$2,033,470
Leasehold Improvements$80,409$133,272$213,681
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rick OgstonCEOFT$59,401-$59,401
Nick FleegeCOOFT$47,561$2,491$50,052

Board Members and Trustees

NameTitle
Jason BearceChairperson
Jay CunninghamDirector
Katrina ClingermanDirector
Lisa Maxwell-friedenDirector
Steve KlipschDirector
Tim ClarkDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Charter School Management CorporationBack Office43460 RIDGE PARK DRIVE STE 100, Temecula, CA 92590$152,050
Revenue and Support

Revenue Composition

Contributions and Grants
$2,024,305
Program Service Revenue
$122,612
Investment Income
$0
Other Revenue
$0
All Other Contributions
$317
Change in Net Assets
$-1,412,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,692,127
Salaries, Compensation, and Employee Benefits$867,619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,718,528$42,870-$1,761,398
Other Salaries and Wages$608,719$16,508-$625,227
Depreciation Depletion$219,347$80,830-$300,177
Current Officers, Directors, Trustees, and Key Employees$106,962--$106,962
Fees for Services Management$27,643$76,522-$104,165
Fees for Services Other$20,355$56,349-$76,704
Other Employee Benefits$71,710$1,654-$73,364
Insurance$68,333$1,725-$70,058
Payroll Taxes$60,361$1,392-$61,753
Interest-$35,571-$35,571
Office Expenses$3,013$12,198-$15,211
Other Expenses$13,567$617-$14,184
All Other Expenses$5,292$8,118-$13,410
Advertising$2,063$4,162-$6,225
Travel$52$672-$724
Pension Plan Contributions$306$7-$313
Total Functional Expenses$3,220,401$339,345$0$3,559,746
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$1,321,243
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
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 11B

“The finance committee is provided a copy of the form 990 for review and provides their comments and recommendations to the board of directors prior to final approval.”

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

“Each director, principal officer and member of a committee with board delegated powers shall annually review and sign a conflict of interest statement upon any disclosure of a conflict - the interested person is excused from a board or committee meeting while the conflict is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists by a two-thirds vote. They will then proceed accordingly and evaluate all aternatives.”

Form 990, Part VI, Section B, Line 15

“Compensation recommendations for top officials, officers and key employees are based on experience and current market factors. They are reviewed annually by a neutral third-party management company.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available on the state board of accounts website, as well as available by request to the school, whether the request be verbal or written.”

Form 990 Part VII

“The compensation of the ceo and a portion of the coo compensation was paid to desert view payment and learning schools of tx for services during the year which included fees paid for ceo and coo duties. The appropriate compensation is reported on part vii, section a for the year ended june 30, 2018.”

Filing and Contact Details

Filer

Filer Name
Carpe Diem Indiana Inc
EIN
45-5235667
Phone
3179217497
Address
2240 NORTH MERIDIAN STREET, INDIANAPOLIS, IN 46208

Signing Officer

Name
Nick Fleege
Title
Treasurer
Phone
3179217497
Signed
2018-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Cunningham
Formed
2012
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
58
Volunteers
6

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240-0857
Preparer
Casse Tate
Phone
3175802000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“As of june 30, 2018 the school will no longer be in operation. Continued activity will be the winding down of the organization.”

Raw XML AppendixShowing 400 of 412 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/BOYAmt0299588
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0217464
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CARPE DIEM IS A TUITION-FREE PUBLIC CHARTER SCHOOL SUCCESSFULLY EDUCATING 6-12TH GRADE STUDENTS IN A SAFE, STUDENT-FOCUSED ENVIRONMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04162
IRS990/AdvertisingGrp/ProgramServicesAmt02063
IRS990/AdvertisingGrp/TotalAmt06225
IRS990/AllOtherContributionsAmt0317
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08118
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05292
IRS990/AllOtherExpensesGrp/TotalAmt013410
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOL MANAGEMENT CORP
IRS990/BooksInCareOfDetail/PhoneNum03174079640
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0641 WASHINGTON ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBUS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt071489
IRS990/CashNonInterestBearingGrp/EOYAmt04837
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0106962
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0106962
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0152050
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt043460 RIDGE PARK DRIVE STE 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0TEMECULA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd092590
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOL MANAGEMENT CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0BACK OFFICE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02024305
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02692127
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0122612
IRS990/CYRevenuesLessExpensesAmt0-1412829
IRS990/CYSalariesCompEmpBnftPaidAmt0867619
IRS990/CYTotalExpensesAmt03559746
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02146917
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt080830
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0219347
IRS990/DepreciationDepletionGrp/TotalAmt0300177
IRS990/Desc0CARPE DIEM SCHOOLS ARE TUITION-FREE CHARTER SCHOOLS, EDUCATING 6-12TH GRADE STUDENTS USING A PROPRIETARY BLENDED LEARNING MODEL OF DIGITAL CURRICULUM PLUS HIGH QUALITY, PERSONALIZED INSTRUCTION AND HIGH EXPECTATIONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt058
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03220401
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt076522
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt027643
IRS990/FeesForServicesManagementGrp/TotalAmt0104165
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt056349
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020355
IRS990/FeesForServicesOtherGrp/TotalAmt076704
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
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/OtherCompensationAmt62491
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JASON BEARCE
IRS990/Form990PartVIISectionAGrp/PersonNm1KATRINA CLINGERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2LISA MAXWELL-FRIEDEN
IRS990/Form990PartVIISectionAGrp/PersonNm3JAY CUNNINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE KLIPSCH
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm6NICK FLEEGE
IRS990/Form990PartVIISectionAGrp/PersonNm7RICK OGSTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt647561
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt759401
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/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6COO
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt02023988
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02146917
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01725
IRS990/InsuranceGrp/ProgramServicesAmt068333
IRS990/InsuranceGrp/TotalAmt070058
IRS990/InterestGrp/ManagementAndGeneralAmt035571
IRS990/InterestGrp/TotalAmt035571
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01401537
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01145791
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0845614
IRS990/LandBldgEquipCostOrOtherBssAmt02247151
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CARPE DIEM IS A TUITION-FREE PUBLIC CHARTER SCHOOL SUCCESSFULLY EDUCATING 6-12TH GRADE STUDENTS IN A SAFE, STUDENT-FOCUSED ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03729157
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04742668
IRS990/NetAssetsOrFundBalancesBOYAmt0-4066814
IRS990/NetAssetsOrFundBalancesEOYAmt0-5479643
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt042870
IRS990/OccupancyGrp/ProgramServicesAmt01718528
IRS990/OccupancyGrp/TotalAmt01761398
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012198
IRS990/OfficeExpensesGrp/ProgramServicesAmt03013
IRS990/OfficeExpensesGrp/TotalAmt015211
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01654
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt071710
IRS990/OtherEmployeeBenefitsGrp/TotalAmt073364
IRS990/OtherExpensesGrp/Desc0INSTRUCTION SERVICES
IRS990/OtherExpensesGrp/Desc1FOOD PURCHASES
IRS990/OtherExpensesGrp/Desc2COURSE MATERIALS/SUPPLI
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0150
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1617
IRS990/OtherExpensesGrp/ProgramServicesAmt0200084
IRS990/OtherExpensesGrp/ProgramServicesAmt168700
IRS990/OtherExpensesGrp/ProgramServicesAmt225366
IRS990/OtherExpensesGrp/ProgramServicesAmt313567
IRS990/OtherExpensesGrp/TotalAmt0200084
IRS990/OtherExpensesGrp/TotalAmt168700
IRS990/OtherExpensesGrp/TotalAmt225516
IRS990/OtherExpensesGrp/TotalAmt314184
IRS990/OtherLiabilitiesGrp/BOYAmt01321243
IRS990/OtherLiabilitiesGrp/EOYAmt01321243
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016508
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0608719
IRS990/OtherSalariesAndWagesGrp/TotalAmt0625227
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01392
IRS990/PayrollTaxesGrp/ProgramServicesAmt060361
IRS990/PayrollTaxesGrp/TotalAmt061753
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0306
IRS990/PensionPlanContributionsGrp/TotalAmt0313
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0140308
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01800
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020474
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021395
IRS990/PrincipalOfficerNm0JAY CUNNINGHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0122612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0122612
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04108241
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt022
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03277035
IRS990/PYOtherRevenueAmt037662
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-942671
IRS990/PYSalariesCompEmpBnftPaidAmt01811517
IRS990/PYTotalExpensesAmt05088574
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04145903
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1412829
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0122612
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0765205
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01268265
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02033470
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt080409
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0133272
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0213681
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01321243
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0845614
IRS990ScheduleD/TotalLiabilityAmt01321243
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A PUBLIC SCHOOL PURSUANT TO THE ENABLING STATUTE (IC 20-5 5-2-2), THE ORGANIZATION IS SUBJECT TO ALL FEDERAL AND STATE LAWS THAT PROHIBIT DISCRIMINATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1GRANTS AND SUPPORT ARE RECEIVED FROM BOTH FEDERAL AND STATE GOVERNMENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS OF JUNE 30, 2018 THE SCHOOL WILL NO LONGER BE IN OPERATION. CONTINUED ACTIVITY WILL BE THE WINDING DOWN OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCE COMMITTEE IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND PROVIDES THEIR COMMENTS AND RECOMMENDATIONS TO THE BOARD OF DIRECTORS PRIOR TO FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT UPON ANY DISCLOSURE OF A CONFLICT - THE INTERESTED PERSON IS EXCUSED FROM A BOARD OR COMMITTEE MEETING WHILE THE CONFLICT IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS BY A TWO-THIRDS VOTE. THEY WILL THEN PROCEED ACCORDINGLY AND EVALUATE ALL ATERNATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION RECOMMENDATIONS FOR TOP OFFICIALS, OFFICERS AND KEY EMPLOYEES ARE BASED ON EXPERIENCE AND CURRENT MARKET FACTORS. THEY ARE REVIEWED ANNUALLY BY A NEUTRAL THIRD-PARTY MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE ON THE STATE BOARD OF ACCOUNTS WEBSITE, AS WELL AS AVAILABLE BY REQUEST TO THE SCHOOL, WHETHER THE REQUEST BE VERBAL OR WRITTEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION OF THE CEO AND A PORTION OF THE COO COMPENSATION WAS PAID TO DESERT VIEW PAYMENT AND LEARNING SCHOOLS OF TX FOR SERVICES DURING THE YEAR WHICH INCLUDED FEES PAID FOR CEO AND COO DUTIES. THE APPROPRIATE COMPENSATION IS REPORTED ON PART VII, SECTION A FOR THE YEAR ENDED JUNE 30, 2018.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART VII
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01378062
IRS990/TotalAssetsEOYAmt0873646
IRS990/TotalAssetsGrp/BOYAmt01378062
IRS990/TotalAssetsGrp/EOYAmt0873646
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02024305
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0339345
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03220401
IRS990/TotalFunctionalExpensesGrp/TotalAmt03559746
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05444876
IRS990/TotalLiabilitiesEOYAmt06353289
IRS990/TotalLiabilitiesGrp/BOYAmt05444876
IRS990/TotalLiabilitiesGrp/EOYAmt06353289
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4066814
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-5479643
IRS990/TotalOtherCompensationAmt02491
IRS990/TotalProgramServiceExpensesAmt03220401
IRS990/TotalProgramServiceRevenueAmt0122612
IRS990/TotalReportableCompFromOrgAmt0106962
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0122612
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02146917
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01378062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0873646
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0672
IRS990/TravelGrp/ProgramServicesAmt052
IRS990/TravelGrp/TotalAmt0724
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-4066814
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-5479643
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt094888
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt071914
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02240 NORTH MERIDIAN STREET
IRS990/USAddress/CityNm0INDIANAPOLIS
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046208
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK FLEEGE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03179217497
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARPE DIEM INDIANA INC
ReturnHeader/Filer/BusinessNameControlTxt0CARP
ReturnHeader/Filer/EIN0455235667
ReturnHeader/Filer/PhoneNum03179217497
ReturnHeader/Filer/USAddress/AddressLine1Txt02240 NORTH MERIDIAN STREET
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046208
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId060E14920F41D3C02D83E168B1DBF774EC709E375
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AE97FA5FFD574BDFBA8899C0E6AF8CD655A1EA55
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.132.79.19
ReturnHeader/FilingSecurityInformation/IPDt02018-11-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:29:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352123203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KSM BUSINESS SERVICES INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.