Civic Intelligence

Springville Community and Rural Foundation Inc.

EIN 87-1342879 • 501(c)3 • Springville, IN

Pub. 78 Eligible

Profile

The mission of Springville Community Academy is to instill education in an innovative manner, honor rural opportunities & responsibilities, serve as a role model for others, and develop servant leaders with a passion for life-long learning.

126 Brick StSpringville, IN 47462

www.springville.academy

Siviq Scores

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

Liabilities / Assets

69th percentile

0.23x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

63rd percentile

0.16x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

33rd percentile

-2.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

57th percentile

$77,364

Higher top officer pay than 57% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

19th percentile

-7.8%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

18th percentile

-17%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$1,882,871

Down $159,253 (-7.8%) from 2024

Liabilities

Down

$433,207

Down $91,723 (-17%) from 2024

Net Assets

Down

$1,449,664

Down $67,530 (-4.5%) from 2024

Operations
Liabilities / Revenue63rd percentileNet Margin33rd percentile

Revenue

Down

$2,726,731

Down $551,222 (-17%) from 2024

Expenses

Down

$2,794,261

Down $47,220 (-1.7%) from 2024

Net Income

Down

-$67,530

Down $504,002 (-115%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

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

$3.0M$2.0M$1.0M$0Assets 2022: $1,388,483Liabilities 2022: $88,075Net Assets 2022: $1,300,4082022Assets 2023: $1,804,266Liabilities 2023: $723,544Net Assets 2023: $1,080,7222023Assets 2024: $2,042,124Liabilities 2024: $524,930Net Assets 2024: $1,517,1942024Assets 2025: $1,882,871Liabilities 2025: $433,207Net Assets 2025: $1,449,6642025

Highlighted filing

2025

Assets$1,882,871
Liabilities$433,207
Net Assets$1,449,664
Open 2025 Filing

Operations Trend

Revenue Growth18th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2022: $1,404,666Expenses 2022: $104,258Net Income 2022: $1,300,4082022Revenue 2023: $1,980,728Expenses 2023: $2,193,804Net Income 2023: -$213,0762023Revenue 2024: $3,277,953Expenses 2024: $2,841,481Net Income 2024: $436,4722024Revenue 2025: $2,726,731Expenses 2025: $2,794,261Net Income 2025: -$67,5302025

Highlighted filing

2025

Revenue$2,726,731
Expenses$2,794,261
Net Income-$67,530
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,882,871
Liabilities
$433,207
Net assets
$1,449,664
Revenue
$2,726,731
Expenses
$2,794,261
Net income
-$67,530
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.88$0.43$1.45$2.73$2.79$0.07
2024Detailed filing. Detailed filing data is available for this year.$2.04$0.52$1.52$3.28$2.84$0.44
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.72$1.08$1.98$2.19$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.09$1.30$1.40$0.10$1.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 20, 2026
Return Version
2024v5.5
Gross Receipts
$2,726,731
Mission and Program Overview

Mission

To instill education in an innovative manner, honor rural opportunities and responsibilities, serve as a model for others, and develop servant leaders with a passion for lifelong learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,639,370$1,559,454▼ $79,916
Savings and Temporary Cash Investments$110,346$200,735▲ $90,389
Cash and Non-Interest-Bearing Accounts$169,861$70,993▼ $98,868
Pledges and Grants Receivable$97,116$40,480▼ $56,636
Accounts Receivable$17,716$3,494▼ $14,222
Total Assets$2,042,124$1,882,871▼ $159,253
Other Assets Total$7,715$7,715→ $0
Liabilities
Accounts Payable and Accrued Expenses$241,109$210,215▼ $30,894
Mortgage Notes Payable Secured by Investment Property$225,890$209,901▼ $15,989
Other Liabilities$57,931$13,091▼ $44,840
Total Liabilities$524,930$433,207▼ $91,723
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,517,194$1,449,664▼ $67,530
Total Net Assets Fund Balance$1,517,194$1,449,664▼ $67,530
Total Liabilities and Net Assets / Fund Balance$2,042,124$1,882,871▼ $159,253

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$832,500$67,500$900,000
Equipment$218,583$263,938$482,521
Leasehold Improvements$327,006$12,375$339,381
Land$181,365-$181,365
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jayme DavisAcademy AdministratorFT$71,667$5,697$77,364
Corbin DietrichTreasurer (from 11/24)PT$8,405-$8,405

Board Members and Trustees

NameTitle
Kevin SmithPresident
Brandt KimmelVice President
Albert CrossTrustee
Trent OsmonTrustee
Justin SpoonmoreSecretary
Beth FeldmanTreasurer (thru 11/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$2,619,960
Program Service Revenue
$101,381
Investment Income
$5,390
Other Revenue
$0
All Other Contributions
$55,355
Change in Net Assets
$-67,530

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,726,731
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,726,731
Total Revenue per Form 990
$2,726,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,979,769
Other Expenses$814,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,308,868$250,522-$1,559,390
Fees for Services Other$78,263$95,994-$174,257
Other Employee Benefits$126,537$25,044-$151,581
Occupancy$76,881$53,789-$130,670
Depreciation Depletion$126,642--$126,642
Payroll Taxes$91,012$18,013-$109,025
Current Officers, Directors, Trustees, and Key Employees$80,272$15,388-$95,660
Office Expenses$67,311$26,277-$93,588
Information Technology$64,258$2,143-$66,401
Pension Plan Contributions$53,520$10,593-$64,113
Insurance-$52,174-$52,174
Fees for Services Management-$45,329-$45,329
Fees for Services Accounting-$28,748-$28,748
Interest$2,459$13,222-$15,681
Travel$4,041$756-$4,797
Other Expenses$3,195$895-$4,090
Fees for Services Legal$1,767--$1,767
Total Functional Expenses$2,153,205$641,056$0$2,794,261

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,794,261
Total Expenses per Audited Statements$2,794,261
Total Expenses per Form 990$2,794,261
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Refundable Advances$7,000
Finance Lease Obligations$6,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 A, Line 2

“Board member justin spoonmore is brother to the academy administrator, jayme davis.”

Form 990, Part VI, Section A, Line 4

“The board bylaws were updated to specify that the board of trustees shall consist of no less than five and no more than nine persons.”

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

“Form 990 was provided to all board members for review and to provide input prior to filing.”

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

“The policy applies to board members/trustees, officers, and employees and requires them to act impartially, avoid personal or related-party benefit, and comply with limits on gifts or favors from entities doing business with the corporation. Board members who identify a potential personal interest conflict must disclose it before the matter is considered and then abstain from both discussion and voting, and trustees with a significant financial interest in a transaction must disclose and refrain from voting. Disclosures are recorded in the board minutes. Officers and employees may not conduct business with relatives or entities in which they or their relatives have a significant financial interest unless the relationship is disclosed and specifically approved by the board of trustees. The board of trustees may require annual disclosure statements and oversees disclosures or failures to disclose, taking appropriate action as needed.”

Form 990, Part VI, Section B, Line 15

“Springville community academy has a hiring committee who presents salary and benefit recommendations to the board for review and vote prior to hiring. This process is used for all positions.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflicts of interest, and financial documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Springville Community and Rural
EIN
87-1342879
Phone
8125086078
Address
126 BRICK ST, SPRINGVILLE, IN 47462
Doing Business As
Springville Community Academy

Signing Officer

Name
Trent Osmon
Title
Board President
Phone
8125086078
Signed
2026-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Trent Osmon
Formed
2021
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
73
Volunteers
50

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Abigail Hedges CPA
Phone
3177456411
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization's board of directors assumes the oversight of the audit and selection of an independent accountant. The selection and review process has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“The school received a determination from the u.s. Treasury department stating it qualifies under the provisions of section 501(c)(3) of the internal revenue code as a tax-exempt organization; however, the school would be subject to tax on income unrelated to its tax-exempt purpose. For the years ended june 30, 2025 and 2024, no accounting for federal and state income taxes was required to be included in the accompanying financial statements. Professional accounting standards require the school to recognize a tax liability only if it is more likely than not the tax position would not be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability 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 examined this issue and determined there are no material contingent tax liabilities or questionable tax positions. Since the school incorporated in august 2021, all periods are open to audit for both federal and state purposes.”

Raw XML AppendixShowing 400 of 480 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/OfficeExpensesGrp/ManagementAndGeneralAmt026277
IRS990/OfficeExpensesGrp/ProgramServicesAmt067311
IRS990/OfficeExpensesGrp/TotalAmt093588
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07715
IRS990/OtherAssetsTotalGrp/EOYAmt07715
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025044
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0126537
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0151581
IRS990/OtherExpensesGrp/Desc0FOOD COSTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2DUES & FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02169
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1895
IRS990/OtherExpensesGrp/ProgramServicesAmt063882
IRS990/OtherExpensesGrp/ProgramServicesAmt14297
IRS990/OtherExpensesGrp/ProgramServicesAmt23195
IRS990/OtherExpensesGrp/TotalAmt063882
IRS990/OtherExpensesGrp/TotalAmt16466
IRS990/OtherExpensesGrp/TotalAmt24090
IRS990/OtherLiabilitiesGrp/BOYAmt057931
IRS990/OtherLiabilitiesGrp/EOYAmt013091
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0250522
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01308868
IRS990/OtherSalariesAndWagesGrp/TotalAmt01559390
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018013
IRS990/PayrollTaxesGrp/ProgramServicesAmt091012
IRS990/PayrollTaxesGrp/TotalAmt0109025
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010593
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt053520
IRS990/PensionPlanContributionsGrp/TotalAmt064113
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt097116
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt040480
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TRENT OSMON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0101381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0101381
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03171175
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0346
IRS990/PYOtherExpensesAmt01118103
IRS990/PYOtherRevenueAmt020243
IRS990/PYProgramServiceRevenueAmt086189
IRS990/PYRevenuesLessExpensesAmt0436472
IRS990/PYSalariesCompEmpBnftPaidAmt01723378
IRS990/PYTotalExpensesAmt02841481
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03277953
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-67530
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0101381
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0110346
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200735
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/BookValueAmt0832500
IRS990ScheduleD/BuildingsGrp/DepreciationAmt067500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0900000
IRS990ScheduleD/EquipmentGrp/BookValueAmt0218583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0263938
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0482521
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02794261
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0181365
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0181365
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0327006
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012375
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0339381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FINANCE LEASE OBLIGATIONS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02726731
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL RECEIVED A DETERMINATION FROM THE U.S. TREASURY DEPARTMENT STATING IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION; HOWEVER, THE SCHOOL WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEARS ENDED JUNE 30, 2025 AND 2024, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD NOT BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY 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 EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. SINCE THE SCHOOL INCORPORATED IN AUGUST 2021, ALL PERIODS ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01559454
IRS990ScheduleD/TotalExpensesPerForm990Amt02794261
IRS990ScheduleD/TotalLiabilityAmt013091
IRS990ScheduleD/TotalRevenuePerForm990Amt02726731
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02726731
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02794261
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/ExplanationTxt0SPRINGVILLE COMMUNITY ACADEMY MAKES KNOWN ITS RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION POLICY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SPRINGVILLE COMMUNITY ACADEMY WILL RECEIVE FUNDING ON A PER STUDENT BASIS FOR TUITION IN THE FORM OF A BASIC GRANT FROM THE INDIANA DEPARTMENT OF EDUCATION. THE SCHOOL WILL ALSO RECEIVE OTHER GOVERNMENTAL FUNDING FROM THE INDIANA DEPARTMENT OF EDUCATION TOWARD SPECIAL EDUCATION, LUNCHES, ETC.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER JUSTIN SPOONMORE IS BROTHER TO THE ACADEMY ADMINISTRATOR, JAYME DAVIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD BYLAWS WERE UPDATED TO SPECIFY THAT THE BOARD OF TRUSTEES SHALL CONSIST OF NO LESS THAN FIVE AND NO MORE THAN NINE PERSONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND TO PROVIDE INPUT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY APPLIES TO BOARD MEMBERS/TRUSTEES, OFFICERS, AND EMPLOYEES AND REQUIRES THEM TO ACT IMPARTIALLY, AVOID PERSONAL OR RELATED-PARTY BENEFIT, AND COMPLY WITH LIMITS ON GIFTS OR FAVORS FROM ENTITIES DOING BUSINESS WITH THE CORPORATION. BOARD MEMBERS WHO IDENTIFY A POTENTIAL PERSONAL INTEREST CONFLICT MUST DISCLOSE IT BEFORE THE MATTER IS CONSIDERED AND THEN ABSTAIN FROM BOTH DISCUSSION AND VOTING, AND TRUSTEES WITH A SIGNIFICANT FINANCIAL INTEREST IN A TRANSACTION MUST DISCLOSE AND REFRAIN FROM VOTING. DISCLOSURES ARE RECORDED IN THE BOARD MINUTES. OFFICERS AND EMPLOYEES MAY NOT CONDUCT BUSINESS WITH RELATIVES OR ENTITIES IN WHICH THEY OR THEIR RELATIVES HAVE A SIGNIFICANT FINANCIAL INTEREST UNLESS THE RELATIONSHIP IS DISCLOSED AND SPECIFICALLY APPROVED BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES MAY REQUIRE ANNUAL DISCLOSURE STATEMENTS AND OVERSEES DISCLOSURES OR FAILURES TO DISCLOSE, TAKING APPROPRIATE ACTION AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPRINGVILLE COMMUNITY ACADEMY HAS A HIRING COMMITTEE WHO PRESENTS SALARY AND BENEFIT RECOMMENDATIONS TO THE BOARD FOR REVIEW AND VOTE PRIOR TO HIRING. THIS PROCESS IS USED FOR ALL POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICTS OF INTEREST, AND FINANCIAL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0611590801
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.00050
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0GROUP PURCHASING ORGANIZATION
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0HPS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt05116
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt0202
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt03275 N M37 HIGHWAY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0MIDDLESVILLE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd0493330247
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00

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