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KIPP INDIANAPOLIS INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
KIPP INDIANAPOLIS INC (EIN 30-0145826)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-02-09
IRS object ID
202330409349300408
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-09T07:56:04-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351489521PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GREENWALT CPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15342 W VERMONT STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN300145826EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIPP INDIANAPOLIS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKIPPBusinessNameControlTxt
Phone3175475477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 EAST 30TH STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDREW SEIBERTPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3175475477PhoneNum
Signature2023-01-19SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANDREWPersonFirstNm
Person LastSEIBERTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMANDA MEKO CPAPreparerPersonNm
PTINP01062615PTIN
Phone3172412999PhoneNum
Preparation2023-01-19PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANDREW SEIBERTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 EAST 30TH STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$22,227,841GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.KIPPINDY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionKIPP INDIANAPOLIS, INC. (KIPP INDY) IS A NETWORK OF TUITION-FREE, OPEN-ENROLLMENT, COLLEGE PREPARATORY, PUBLIC CHARTER SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee281TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,861,722PYContributionsGrantsAmt
CY Contributions Grants$21,966,066CYContributionsGrantsAmt
PY Program Service Revenue$45,446PYProgramServiceRevenueAmt
CY Program Service Revenue$44,150CYProgramServiceRevenueAmt
PY Investment Income$641PYInvestmentIncomeAmt
CY Investment Income$2,543CYInvestmentIncomeAmt
PY Other Revenue$159,974PYOtherRevenueAmt
CY Other Revenue$215,082CYOtherRevenueAmt
PY Total Revenue$17,067,783PYTotalRevenueAmt
CY Total Revenue$22,227,841CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,608,585PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$13,574,917CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$300CYTotalFundraisingExpenseAmt
PY Other Expenses$4,816,999PYOtherExpensesAmt
CY Other Expenses$7,425,420CYOtherExpensesAmt
PY Total Expenses$15,425,584PYTotalExpensesAmt
CY Total Expenses$21,000,337CYTotalExpensesAmt
PY Revenues Less Expenses$1,642,199PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,227,504CYRevenuesLessExpensesAmt
Total Assets BOY$17,764,199TotalAssetsBOYAmt
Total Assets EOY$19,111,079TotalAssetsEOYAmt
Total Liabilities BOY$13,136,683TotalLiabilitiesBOYAmt
Total Liabilities EOY$13,256,059TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,627,516NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,855,020NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionKIPP 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$14,017,007ExpenseAmt
Revenue$44,150RevenueAmt
DescTHE 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.Desc
Total Program Service Expenses$14,017,007TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow AccountYes (1)EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document46IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee281EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonANDREW SEIBERTPersonNm
Phone3175475477PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11740 EAST 30TH STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46218ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ADDISON SIMPSON
BOARD MEMBER1.00Yes (X)$0$0$0
ANDRA LIEPA
BOARD MEMBER1.00Yes (X)$0$0$0
BARATO BRITT
BOARD MEMBER1.00Yes (X)$0$0$0
DAVID ROSENBERG
BOARD MEMBER1.00Yes (X)$0$0$0
BRIAN GARRISON
BOARD MEMBER1.00Yes (X)$0$0$0
CHANDRA ORR
BOARD MEMBER1.00Yes (X)$0$0$0
JIM KELLER
BOARD MEMBER1.00Yes (X)$0$0$0
JOHN MARTIN
FINANCE CHAIR1.00Yes (X)$0$0$0Yes (X)
MELINDA SHAPIRO
BOARD MEMBER1.00Yes (X)$0$0$0
NICOLE ELAM
BOARD MEMBER1.00Yes (X)$0$0$0
RANDIE DIAL
VICE BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
REGINA CROSS
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
MELISSA BOROM
BOARD MEMBER1.00Yes (X)$0$0$0
STANLEY CHEN
BOARD MEMBER1.00Yes (X)$0$0$0
JIMMY RAYFORD
BOARD MEMBER1.00Yes (X)$0$0$0
ANDREW SEIBERT
EXECUTIVE DIRECTOR40.00$200,261$0$17,923Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$200,261TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$17,923TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MASS MUTUAL
1295 STATE STREETSPRINGFIELDMA01111INSURANCE$962,653
ANTHEM
220 VIRGINIA AVEINDIANAPOLISIN46204INSURANCE$930,579
ARAMARK
2050 OLIVER AVEINDIANAPOLISIN46221FOOD SERVICES$922,480
DELL MARKETING LP
ONE DELL WAYROUND ROCKTX78682TECHNOLOGY$561,214
STRATUS
8555 CEDAR PL DR SUITE 114INDIANAPOLISIN46240BUILDING$448,811
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$20,706,609GovernmentGrantsAmt
All Other Contributions$1,259,457AllOtherContributionsAmt
Total Contributions$21,966,066TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER PROGRAM REVENUE611600$42,215$42,215
STUDENT FEES611600$1,935$1,935
FieldValueIRS element (for citing)
Total Program Service Revenue$44,150TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,543TotalRevenueColumnAmt
Exclusion$2,543ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611600BusinessCd
Total Revenue Column$215,082TotalRevenueColumnAmt
Related Or Exempt Func Income$215,082RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$215,082OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,227,841TotalRevenueColumnAmt
Related Or Exempt Func Income$259,232RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,543ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$218,184TotalAmt
Program Services$125,651ProgramServicesAmt
Management And General$92,533ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,045,481TotalAmt
Program Services$6,293,713ProgramServicesAmt
Management And General$4,751,768ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$620,778TotalAmt
Program Services$390,653ProgramServicesAmt
Management And General$230,125ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$882,374TotalAmt
Program Services$502,320ProgramServicesAmt
Management And General$380,054ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$808,100TotalAmt
Program Services$464,362ProgramServicesAmt
Management And General$343,738ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,633TotalAmt
Management And General$6,633ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$232,793TotalAmt
Management And General$232,793ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,349,938TotalAmt
Program Services$851,247ProgramServicesAmt
Management And General$498,691ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$115,239TotalAmt
Management And General$114,939ManagementAndGeneralAmt
Fundraising$300FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$335,212TotalAmt
Program Services$335,212ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$26,224TotalAmt
Program Services$26,224ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$562,297TotalAmt
Program Services$562,297ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$868,911TotalAmt
Program Services$868,911ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$56,744TotalAmt
Program Services$56,744ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES & MATERIALS$1,057,855$811,298$246,557
STUDENT MEALS & LUNCHES$859,036$859,036
STUDENT TRANSPORTATION$570,178$570,178
JANITORIAL$485,183$485,183

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$899,177TotalAmt
Program Services$813,978ProgramServicesAmt
Management And General$85,199ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$21,000,337TotalAmt
Program Services$14,017,007ProgramServicesAmt
Management And General$6,983,030ManagementAndGeneralAmt
Fundraising$300FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,999,900BOYAmt
EOY$4,390,009EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,077,560BOYAmt
EOY$1,058,227EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$515,066BOYAmt
EOY$1,379,002EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,821BOYAmt
EOY$57,427EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$108,417BOYAmt
EOY$185,519EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,627,784LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,586,889LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,025,435BOYAmt
EOY$12,040,895EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,764,199BOYAmt
EOY$19,111,079EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,504,039BOYAmt
EOY$1,644,898EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$793BOYAmt
EOY$11,018EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$11,631,851BOYAmt
EOY$11,600,143EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,136,683BOYAmt
EOY$13,256,059EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,200,319BOYAmt
EOY$4,392,123EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$427,197BOYAmt
EOY$1,462,897EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,627,516BOYAmt
EOY$5,855,020EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,764,199BOYAmt
EOY$19,111,079EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,227,504ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$11,267,984OtherCostOrOtherBasisAmt
Depreciation$527,143DepreciationAmt
Book Value$10,740,841BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$416,724OtherCostOrOtherBasisAmt
Depreciation$386,118DepreciationAmt
Book Value$30,606BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,508,728OtherCostOrOtherBasisAmt
Depreciation$1,520,721DepreciationAmt
Book Value$988,007BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$434,348OtherCostOrOtherBasisAmt
Depreciation$152,907DepreciationAmt
Book Value$281,441BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$12,040,895TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$25,273,176TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$3,045,335DonatedServicesAndUseFcltsAmt
Revenue Not Reported$3,045,335RevenueNotReportedAmt
Revenue Subtotal$22,227,841RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,227,841TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$24,045,672TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$3,045,335DonatedServicesUseFcltsAmt
Expenses Not Reported$3,045,335ExpensesNotReportedAmt
Expenses Subtotal$21,000,337ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$21,000,337TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, LINE 3THE 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.
SCHEDULE E, LINE 6RECEIVED GOVERNMENTAL GRANTS TO SUPPORT EDUCATION.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonANDREW SEIBERTPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$168,986BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$31,275BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$13,110DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$4,813NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$218,184TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1INDIANA FINANCE AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issued2020-07-01BondIssuedDt
PurposeFINANCE CAPITAL IMPROVEMENTS AND REFINANCE DEBTPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$11,480,000TotalProceedsAmt
In Reserve Fund$716,500InReserveFundAmt
Refunding Escrow$10,580,750RefundingEscrowAmt
Issuance Costs From Proceeds$374,746IssuanceCostsFromProceedsAmt
Capital Expenditures$182,750CapitalExpendituresAmt
Substantial Completion2020SubstantialCompletionYr
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec Maint0AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective Action0ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BEACH 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 12CCONFLICTS 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 15THE 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 19THE 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.
PART XII, LINE 2CTHE PROCESS OF THE COMMITTEE FOR AUDIT OVERSIGHT HAS NOT BEEN CHANGED FROM THE PREVIOUS YEAR.