2025-05-09T12:19:01-05:00 2024-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2023-07-01 260037185 IRVINGTON COMMUNITY SCHOOLS INC IRVI 3173573770 5751 E UNIVERSITY AVENUE INDIANAPOLIS IN 46219 ROD IBERG CHIEF OPERATING OFFICER 3173573770 2025-05-08 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-05-08 2023 2025-03-06 01:10:19Z ROD IBERG 5751 E UNIVERSITY AVENUE INDIANAPOLIS IN 46219 13139360 0 X WWW.ICS-CHARTER.ORG X 2001 IN TO PROVIDE A SMALL, SAFE LEARNING COMMUNITY WHERE RESPECTFUL BEHAVIORS ARE MODELED AND EXPECTED. 7 7 153 7 0 0 12237654 12683374 41872 350759 13099 30454 225122 74773 12517747 13139360 0 0 0 0 8432637 8241784 0 0 0 4273400 4840850 12706037 13082634 -188290 56726 12265838 11987199 10521725 10186360 1744113 1800839 TO PROVIDE A SMALL, SAFE LEARNING COMMUNITY WHERE RESPECTFUL BEHAVIORS ARE MODELED AND EXPECTED. 0 0 11197247 425532 FROM JULY 2023 TO JUNE 2024, WE PROVIDED K-12 EDUCATION TO 919 STUDENTS OVER A 185-DAY SCHOOL YEAR. INSTRUCTION WAS DELIVERED ACROSS THREE BUILDINGS, EACH SERVING DIFFERENT GRADE LEVELS: IRVINGTON COMMUNITY SCHOOLS ELEMENTARY SERVED NEARLY 389 STUDENTS IN GRADES K-5, THE MIDDLE SCHOOL SERVED OVER 216 STUDENTS IN GRADES 6-8, AND THE HIGH SCHOOL SERVED NEARLY 314 STUDENTS IN GRADES 9-12. IN ADDITION TO DAILY INSTRUCTION PROVIDED TO ALL K-12 STUDENTS, SEVERAL STUDENTS RECEIVE SUPPLEMENTARY MATH AND LANGUAGE ARTS INSTRUCTION THROUGH OUR TITLE I RESOURCES, WHICH ARE FUNDED BY TITLE I GRANT PROCEEDS. THESE FUNDS FACILITATE THE EMPLOYMENT OF THIRTEEN ADDITIONAL AIDES WHO WORK WITH K-12 STUDENTS DURING THE SCHOOL YEAR, OFFERING SMALL GROUP INSTRUCTION TO SUPPORT THEIR LEARNING PROCESS. IRVINGTON COMMUNITY SCHOOLS SERVES K-12 STUDENTS WITH SPECIAL NEEDS, PROVIDING THEM WITH SERVICES FUNDED BY SPECIAL EDUCATION GRANTS. THESE FUNDS SUPPORT SEVEN SPECIAL EDUCATION TEACHERS AND SEVEN AIDES WHO WORK CLOSELY WITH STUDENTS TO HELP THEM ACHIEVE ACADEMIC SUCCESS. 11197247 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 153 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X LINDA HEIDRICH 7734592920 24320 S 80TH AVENUE FRANKFORT IL 60423 HANS LASSITER CHIEF EXECUTIVE OFFICER 60.00 X 186869 0 4228 ROD IBERG CHIEF OPERATING OFFICER 60.00 X 100899 0 3370 CARRIE KRIECH BOARD CHAIR 2.00 X X 0 0 0 CHRISTINA ARROM GARZA VICE CHAIR 1.00 X X 0 0 0 JODIE LANNAN TREASURER 2.00 X X 0 0 0 JWAN DAVIDSON SECRETARY 1.00 X X 0 0 0 RICHARD BERGER FINANCE COMMITTEE 1.00 X 0 0 0 TIM HARRIS ACADEMIC COMMITTEE 1.00 X 0 0 0 JAMIE SCOTT ADVANCEMENT COMMITTEE 1.00 X 0 0 0 287768 0 7598 2 0 1 0 0 12669302 14072 12683374 STUDENT FEES AND FUNDRAISING 611600 350759 350759 350759 30454 30454 OTHER INCOME 900099 74773 74773 74773 13139360 425532 0 30454 317838 269276 48562 6563146 5569687 993459 278447 230332 48115 617554 510843 106711 464799 384484 80315 61386 61386 30303 30303 260664 260664 335599 247340 88259 19311 1403 17908 496959 472905 24054 139863 124644 15219 411466 411466 182041 182041 565100 565100 1386164 1386164 117486 117486 FOOD COSTS 406057 405651 406 STAFF DEVELOPMENT 205460 205460 EQUIPMENT RENTAL 87094 87094 DUES AND FEES 46809 23966 22843 89088 89088 13082634 11197247 1885387 0 1998539 2331040 1931151 1444832 63172 55307 17171794 10039629 7211018 7132165 428584 410767 633374 613088 12265838 11987199 889805 274345 9314470 9071866 317450 226750 0 613399 10521725 10186360 X 903108 959834 841005 841005 1744113 1800839 12265838 11987199 56726 0 X X 0 1 X 1 1 1 X 418523 418523 6461168 2772006 3689162 4212777 2167191 2045586 5827589 5040095 787494 251737 60337 191400 7132165 RESTRICTED CASH 613088 613088 REFUNDABLE ADVANCES 613399 613399 X 14334596 1195236 1195236 13139360 0 13139360 14277870 1195236 1195236 13082634 0 13082634 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, 2024 AND 2023, 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. TAX YEARS ENDED AFTER JUNE 30, 2020 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 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. X 0 0 0 0 0 0 0 0 0 HANS LASSITER CHIEF EXECUTIVE OFFICER 186869 0 0 0 0 0 0 0 4228 0 191097 0 0 0 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 400000 1300000 172924 13000 1114076 1 0 1 1 B 1565000 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 THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DOCUMENT IS COMPLETED ANNUALLY BY BOARD MEMBERS AND TOP EXECUTIVES. ALL FINANCIAL TRANSACTIONS GO THROUGH THE CFO WHO IS AWARE OF THE POLICY AND WHICH INDIVIDUALS HAVE A CONFLICT OF INTEREST. 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 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.