2025-12-22T08:37:51-06:00 2025-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-07-01 201738905 VICTORY COLLEGE PREP INC VICT 3173511534 1780 SLOAN AVE INDIANAPOLIS IN 46203 RYAN GALL EXECUTIVE DIRECTOR 3173511534 2025-12-19 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-12-19 2024 2025-03-06 01:10:19Z VICTORY COLLEGE PREP RYAN GALL 1780 SLOAN AVE INDIANAPOLIS IN 46203 17459710 0 X WWW.VICTORYCOLLEGEPREP.ORG X 2004 IN OUR APPROACH IS TO ENSURE ACADEMIC SUCCESS BY INCREASING INSTRUCTIONAL TIME, SMALL CLASS SIZES, AND PROVIDING AN ACADEMIC FOUNDATION. OUR CORE VALUES ARE PERSEVERANCE, COMMUNICATION, COLLABORATION, AND CRITICAL THINKING. 8 8 224 20 0 0 17569111 16908390 148136 198171 239985 193864 114692 159285 18071924 17459710 0 0 0 0 10355843 10431219 0 0 0 6525488 7088705 16881331 17519924 1190593 -60214 20689419 20048496 14933383 14352674 5756036 5695822 OUR APPROACH IS TO ENSURE ACADEMIC SUCCESS BY INCREASING INSTRUCTIONAL TIME, SMALL CLASS SIZES, AND PROVIDING AN ACADEMIC FOUNDATION. OUR CORE VALUES ARE PERSEVERANCE, COMMUNICATION, COLLABORATION, AND CRITICAL THINKING. 0 0 14934561 357456 ENROLLMENT - VCP HAS INCREASED NEW ENROLLMENT BY ALMOST 30% TO OUR LARGEST STUDENT ENROLLMENT IN VCP HISTORY AT 1300 STUDENTS, WHILE MAINTAINING A YEAR-TO-YEAR STUDENT RETENTION RATE ABOVE 90%. COLLEGE AND CAREER READINESS - THROUGH OUR COLLEGE AND CAREER READINESS PROGRAM, 40% OF OUR HIGH SCHOOL GRADUATES GRADUATED WITH 30 COLLEGE CREDITS, MAKING THEM A SOPHOMORE ON THEIR FIRST DAY OF COLLEGE--AN INCREASE OF 16% FROM THE PREVIOUS YEAR. ALUMNI COACHING - THROUGH OUR ALUMNI COACHING AND CAREER TRAINING PROGRAMS, WE HAVE INCREASED OUR COLLEGE MATRICULATION TO 62% FOR THE FIRST SEMESTER OF COLLEGE. 14934561 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 70 0 224 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X AT FINANCIAL CONSULTING 3173511534 1780 SLOAN AVE INDIANAPOLIS IN 46203 RYAN GALL EXECUTIVE DIRECTOR 50.00 X 183933 0 38132 PATRICIA SCHELLING DIRECTOR OF FINANCE 50.00 X 98808 0 22816 MARCIE BROWN-CARTER PRESIDENT 5.00 X X 0 0 0 KARA MASTERSON TREASURER 5.00 X X 0 0 0 ADAM COLLINS MEMBER 5.00 X 0 0 0 ANNA WATSON MEMBER 5.00 X 0 0 0 DWAYNE WRIGHT MEMBER 5.00 X 0 0 0 JOHN MARSHALL MEMBER 5.00 X 0 0 0 MONICA HINGST MEMBER 5.00 X 0 0 0 SHANE RUSSELL MEMBER 5.00 X 0 0 0 282741 0 60948 1 0 1 0 YOJAN CARPET CLEANING 307 N BOEHNING ST INDIANAPOLIS IN 46219 JANITORIAL SERVICES 184643 1 23029 15000348 1885013 16908390 STUDENT FEES 611600 198171 198171 198171 193864 193864 0 23029 0 0 OTHER INCOME 900099 159285 159285 159285 17459710 357456 0 193864 372081 300024 72057 8121631 6635339 1486292 328281 239325 88956 1008248 735039 273209 600978 438128 162850 69917 69917 39463 39463 88284 88284 449199 352606 96593 59734 59734 601115 543225 57890 289913 289913 825857 825857 1585 1585 627113 627113 1192015 1192015 STUDENT TRANSPORTATION 1112242 1112242 FOOD SERVICE 832005 832005 CULTURE EVENTS 389125 389125 STAFF DEVELOPMENT AND R 234463 157990 76473 276675 264615 12060 17519924 14934561 2585363 0 1209052 933920 6572844 2738211 420888 764326 0 3647 19975100 5512754 11345318 14462346 1141317 1146046 20689419 20048496 1076123 1042575 12638096 12479632 1219164 830467 14933383 14352674 X 5756036 5183822 512000 5756036 5695822 20689419 20048496 -60214 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 130000 130000 15717669 3602192 12115477 4090763 1873894 2216869 36668 36668 0 14462346 CASH - RESTRICTED FOR DEBT SERVICE 1000338 CASH - RESTRICTED FOR PROPERTY REPAIRS AND REPLACEMENT 145708 1146046 DEBT SERVICE RESERVE FUND 809875 REFUNDABLE ADVANCES 20592 830467 X 17459710 0 17459710 0 17459710 17519924 0 17519924 0 17519924 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. TAX YEARS ENDED AFTER JUNE 30, 2021 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 THE ORGANIZATION'S NONDISCRIMINATION POLICY IS PRINTED ON ALL MARKETING MATERIALS, ENROLLMENT FORMS, AND THE ORGANIZATION'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE CHARTER SCHOOLS OPERATED BY THE ORGANIZATION RECEIVE STATE AND LOCAL FUNDS UNDER THE INDIANA CHARTER SCHOOL ACT (INDIANA CODE 20-24) AND ALSO EDUCATION AND NUTRITION FUNDING UNDER VARIOUS FEDERAL PROGRAMS. K-6 CULTURE 19274 19274 3755 3755 23029 23029 X X 0 0 0 0 0 0 0 0 0 RYAN GALL EXECUTIVE DIRECTOR 183933 0 0 0 0 0 19240 0 18892 0 222065 0 0 0 A INDIANA FINANCE AUTHORITY 351602316 45506EAW3 2021-01-07 13330000 REFUND PRIOR DEBT ISSUED ON 12/21/16 AND PAY COSTS ASSOCIATED WITH ISSUANCE 0 0 0 A 370000 13330000 150000 12916219 263781 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B VCP COMPLETES THE 990 WITH ASSISTANCE FROM THEIR FINANCIAL CONSULTANT. THE COPY IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES WITH A CONFLICT-OF-INTEREST QUESTION SHOULD SEEK ADVICE FROM MANAGEMENT. BEFORE ENGAGING IN ANY ACTIVITY, TRANSACTION OR RELATIONSHIP THAT MIGHT GIVE RISE TO A CONFLICT OF INTEREST, EMPLOYEES MUST SEEK REVIEW FROM THEIR MANAGER OR THE HUMAN RESOURCE DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL: THE BOARD OF DIRECTORS COMPILES NECESSARY DATA FOR A SOUND DECISION TO BE MADE AROUND COMPENSATION FOR THE EXECUTIVE DIRECTOR. ALL BOARD MEMBERS ARE INVOLVED IN THE DECISION MAKING PROCESS AND THE BOARD OF DIRECTORS MUST REVIEW, DISCUSS AND VOTE TO APPROVE COMPENSATION FOR THE EXECUTIVE DIRECTOR. COMPENSATION PROCESS FOR OTHER OFFICERS AND KEY EMPLOYEES: THE BOARD OF DIRECTORS COMPILES NECESSARY DATA FOR A SOUND DECISION TO BE MADE AROUND COMPENSATION FOR THE KEY EMPLOYEES OF THE ORGANIZATION. ALL BOARD MEMBERS ARE INVOLVED IN THE DECISION MAKING PROCESS AND THE BOARD OF DIRECTORS MUST REVIEW, DISCUSS AND VOTE TO APPROVE COMPENSATION FOR THE KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON OUR WEBSITE AND UPON REQUEST. 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.