2020-06-22T15:49:14-05:00 2019-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2018-07-01 260037185 IRVINGTON COMMUNITY SCHOOLS INC IRVI 3173573770 6705 E JULIAN AVENUE INDIANAPOLIS IN 46219 HAROLD T ALLEN DIRECTOR OF FINANCE 3173573770 2020-06-08 1 REX E MILLER CPA CGMA P01081969 3177456411 2020-06-08 97.78.71.106 2020-06-08 13:38:13 ED P 8C65E6A10BEE2D58982EE0E370A1E3A8A314F727 6193D5BB7C5C4FFD6E47EBF82CD0417B1D155897 2018 2020-11-06 18:47:13Z HAROLD T ALLEN 6705 E JULIAN AVENUE INDIANAPOLIS IN 46219 7939921 0 X WWW.ICS-CHARTER.ORG X 2001 IN TO PROVIDE A SMALL, SAFE LEARNING COMMUNITY WHERE RESPECTFUL BEHAVIORS ARE MODELED AND EXPECTED. 9 9 129 42 0 0 8532188 8484937 318353 239239 8460 25397 24836 -826964 8883837 7922609 0 0 0 0 5461910 5699103 0 0 0 2850304 2767386 8312214 8466489 571623 -543880 9803489 10604801 10020301 11365493 -216812 -760692 TO PROVIDE A SMALL, SAFE LEARNING COMMUNITY WHERE RESPECTFUL BEHAVIORS ARE MODELED AND EXPECTED. 0 0 7089352 239239 PROVIDING K-12 EDUCATION INSTRUCTION TO 986 STUDENTS OVER THE COURSE OF THE 185 DAY SCHOOL YEAR RUNNING FROM JULY 2018 THROUGH JUNE 2019. INSTRUCTION IS PROVIDED WITH THREE BUILDINGS EACH SERVING DIFFERENT GRADE LEVELS. IRVINGTON COMMUNITY SCHOOLS ELEMENTARY SERVES NEARLY 450 STUDENTS IN GRADES K-5, MIDDLE SCHOOL SERVES OVER 240 STUDENTS IN GRADES 6-8, AND OUR HIGH SCHOOL SERVES NEARLY 350 STUDENTS IN GRADES 9-12. IN ADDITION TO DAILY INSTRUCTION TO ALL STUDENTS IN GRADES K-12, SEVERAL STUDENTS RECEIVE ADDITIONAL MATH AND LANGUAGE ARTS INSTRUCTION THROUGH OUR TITLE I RESOURCES FUNDED WITH TITLE I GRANT PROCEEDS. TITLE I FUNDS ALLOW FOR THIRTEEN ADDITIONAL AIDS TO WORK WITH STUDENTS IN GRADES K-12 DURING THE SCHOOL YEAR THAT NEED ADDITIONAL SMALL GROUP INSTRUCTION TO HELP THEM IN THE LEARNING PROCESS. IRVINGTON COMMUNITY SCHOOLS ALSO SERVES SEVERAL STUDENTS THAT HAVE BEEN IDENTIFIED WITH SPECIAL NEEDS IN GRADES K-12. THOSE IDENTIFIED STUDENTS ARE SERVICES WITH FUNDING FROM SPECIAL EDUCATION GRANT FUNDS. FUNDS HELP TO PROVIDE SIX SPECIAL EDUCATION TEACHERS AND EIGHT SPECIAL EDUCATION AIDS. STAFF WORK WITH STUDENTS TO HELP THEM ACHIEVE ACADEMIC SUCCESS. 7089352 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 129 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IN X HAROLD T ALLEN 3173573770 5751 E UNIVERSITY AVENUE INDIANAPOLIS IN 46219 SUZANNE KOEHLER BOARD CHAIR 4.00 X X 0 0 0 JOHN BRITAIN VICE CHAIR 2.00 X X 0 0 0 THOMAS LANNAN TREASURER 2.00 X X 0 0 0 CARLOS RAMIREZ BOARD MEMBER 2.00 X 0 0 0 RYAN WILSON BOARD MEMBER 2.00 X 0 0 0 AMY JOHNSON BOARD MEMBER 2.00 X 0 0 0 KEITH HUEHLS BOARD MEMBER 2.00 X 0 0 0 CARRIE KRIECH SECRETARY 2.00 X X 0 0 0 RICK BERGER BOARD MEMBER 2.00 X 0 0 0 TIMOTHY MULHERIN CHIEF EXECUTIVE OFFICER 40.00 X 121800 0 0 HAROLD ALLEN CHIEF FINANCIAL OFFICER 40.00 X 103513 0 0 225313 0 0 2 0 0 0 ARAMARK 40 SOUTH ALABAMA STREET INDIANAPOLIS IN 46204 FOOD SERVICE PROVIDER 228605 1 8400 8456715 19822 8484937 STUDENT FEES 611600 239239 239239 239239 25397 25397 800 0 800 800 800 27115 8400 17312 9803 9803 OTHER INCOME 900099 30437 30437 LOSS ON DEBT EXTINGUIS 900000 -868004 -868004 -837567 7922609 -598328 0 36000 222000 222000 4429869 3726560 703309 306388 250661 55727 425725 380137 45588 315121 246646 68475 51789 51789 6450 6450 58805 58805 248934 241617 7317 42226 42226 111000 110285 715 60060 60060 258518 258518 7340 7340 597748 597748 494839 494839 77561 77561 FOOD COSTS 325952 325952 REPAIRS AND MAINTENANCE 130577 130577 CLUBS 96391 96391 EQUIPMENT 58333 58333 140863 97238 43625 8466489 7089352 1377137 0 738288 983265 919068 892499 93940 26930 11638502 5110660 6465698 6527842 347523 521146 1238972 1653119 9803489 10604801 253635 216143 8511187 10126431 841145 688037 414334 334882 10020301 11365493 X -1057817 -1601697 841005 841005 -216812 -760692 9803489 10604801 -543880 0 X X 0 1 X 1 1 1 X 418523 418523 6310540 2093837 4216703 2171089 781383 1389706 2738350 2235440 502910 6527842 RESTRICTED CASH 1653119 1653119 CAPITAL LEASE OBLIGATIONS 61192 ACCRUED BOND INTEREST 273690 334882 X 10003161 1195236 885316 2080552 7922609 0 7922609 10547041 1195236 885316 2080552 8466489 0 8466489 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-LIKELYTHAN-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 AFTER 2015 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE TO OFFSET REVENUE 17,312. LOSS ON DEBT EXTINGUISHMENT 868,004. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE OFFSET TO REVENUE 17,312. LOSS ON DEBT EXTINGUISHMENT 868,004. PARTS XI AND XII, LINES 2D LOSS ON DEBT EXTINGUISHMENT IN THE AMOUNT OF -$868,004 IS PRESENTED AS AN EXPENSE ON THE AUDITED FINANCIAL STATEMENTS. THIS SAME EXPENSE IS REPORTED AS A LOSS ON FORM 990, PART VIII, MISCELLANEOUS REVENUE, LINE 11B. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS A PUBLIC CHARTER SCHOOL AUTHORIZED IN THE STATE OF INDIANA, THE ORGANIZATION IS REQUIRED TO COMPLY WITH IC 20-24-2-2 WHICH PROHIBITS DISCRIMINATION OF ANY KIND AS ESTABLISHED BY FEDERAL AND STATE LAW. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES FUNDING FROM THE STATE OF INDIANA AS WELL AS VARIOUS FEDERALLY-FUNDED PROGRAMS. ICS OPEN 22639 8400 14239 489 5412 353 373 22639 8400 14239 489 5412 353 373 6627 7612 A INDIANA FINANCE AUTHORITY 351602316 2011-03-15 1300000 BUILDING CONSTRUCTION AND REFINANCING OF PRIOR OBLIGATIONS 0 0 0 B INDIANA FINANCE AUTHORITY 351602316 2018-09-01 9270000 BUILDING CONSTRUCTION AND REFINANCING OF PRIOR OBLIGATIONS 0 0 0 A 443569 1300000 172924 13000 1114076 1 0 1 1 B 9270000 1135786 532120 7602094 1 0 1 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DOCUMENT IS COMPLETED ANNUALLY BY BOARD MEMBERS AND TOP EXECUTIVES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES ANY COMPENSATION ADJUSTMENTS FOR THE CEO. OTHER OFFICERS AND KEY EMPLOYEES ARE SUBJECT TO AN ANNUAL PERFORMANCE REVIEW MEASURED AGAINST CERTAIN BENCHMARKS THAT DICTATE ADJUSTMENTS IN COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 IRVINGTON COMMUNITY SCHOOL'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIALS STATEMENTS ARE PUBLISHED ON ITS WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATON'S OVERSIGHT PROCESS AND SELECTION PROCESS HAVE NOT CHANGED DURING THE TAX YEAR.