2026-05-08T11:41:18-05:00 2025-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-07-01 352125768 DREXEL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC DREX 2199443100 3401 W 5TH AVENUE GARY IN 46404 JASON BERES VICE PRESIDENT 2199443100 2026-05-08 1 1 ABIGAIL HEDGES CPA P02058156 3177456411 2026-05-08 2024 2025-03-06 01:10:19Z THEA BOWMAN LEADERSHIP ACADEMY JASON BERES 3401 W 5TH AVENUE GARY IN 46404 18709139 0 X THEABOWMAN.ORG X 2003 IN CHARTER SCHOOL FOR THE PROMOTION OF ACADEMIC EXCELLENCE. 5 5 110 5 0 0 16019885 18402943 97682 112932 133841 161552 46649 31712 16298057 18709139 0 0 0 0 7190484 8105353 0 0 0 7891108 6698058 15081592 14803411 1216465 3905728 23591654 27454264 16981610 16763912 6610044 10690352 CHARTER SCHOOL FOR THE PROMOTION OF ACADEMIC EXCELLENCE. 0 0 13430677 144644 THE SCHOOL SERVED APPROXIMATELY 770 AND 850 STUDENTS DURING THE 2024-2025 AND 2023-2024 SCHOOL YEARS, RESPECTIVELY. 13430677 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 33 0 110 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X THE ORGANIZATION 2199443100 3401 W 5TH AVENUE GARY IN 46404 EVE GOMEZ PRESIDENT 2.00 X X 0 0 0 JASON BERES VICE PRESIDENT 2.00 X X 0 0 0 MICHELLE DICKERSON TREASURER 2.00 X X 0 0 0 CEDRIC STEELE TRUSTEE 2.00 X 0 0 0 MARISA SIMMONS PRINCIPAL 40.00 X 155804 0 27530 155804 0 27530 1 0 1 0 0 18376871 26072 18402943 STUDENT FEES 611600 112932 112932 112932 161552 161552 MISCELLANEOUS 611600 31712 31712 31712 18709139 144644 0 161552 171747 158992 12755 6209369 5748205 461164 416859 385899 30960 784703 726424 58279 522675 483856 38819 193526 193526 85701 85701 183460 183460 471476 342355 129121 22185 22185 1177740 1177740 497403 497403 1191287 1191287 991293 991293 764459 764459 129782 129782 FOOD SERVICES EXPENSES 666128 666128 TRANSPORTATION 166541 162368 4173 STAFF DEVELOPMENT 75230 59192 16038 EXTRA-CURRICULAR ACTIVI 75076 75076 6771 6771 14803411 13430677 1372734 0 827768 351322 5991425 2314435 1344238 2971021 47361 22893 34026869 13552022 13952171 20474847 1428691 1319746 23591654 27454264 1354015 1359453 15571076 15392955 56519 11504 16981610 16763912 X 6610044 10690352 6610044 10690352 23591654 27454264 3905728 174580 0 X X 0 1 X 1 1 1 X 859886 859886 17598644 7738975 9859669 9228390 9228390 6028596 5501694 526902 311353 311353 0 20474847 OPERATING LEASE LIABILITY 11504 11504 X 18709139 0 18709139 0 18709139 14803411 0 14803411 0 14803411 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 HAS PUBLICIZED THE POLICY THROUGH NEWSPAPER AND BROADCAST MEDIA DURING THE PERIOD OF SOLICITATION FOR STUDENTS AND DURING THE REGISTRATION PERIOD. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVED FINANCIAL ASSISTANCE FROM STATE AND FEDERAL GRANTS. X X 0 0 0 0 0 0 0 0 0 MARISA SIMMONS PRINCIPAL 155804 0 0 0 0 0 9348 0 18182 0 183334 0 0 0 A INDIANA FINANCE AUTHORITY 363656836 455057WR6 2020-06-30 19355000 0 0 0 A 3268726 19355000 1391857 857349 16992576 2362424 2011 0 0 1 1 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE ORGANIZATION'S PRESIDENT FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST MUST BE DISCLOSED TO THE BOARD. THE BOARD WILL EVALUATE THE IMPACT OF THE PERSONS FINANCIAL INTEREST, ASSESS WHETHER A CONFLICT OF INTEREST ARISES FROM THE FINANCIAL INTEREST, AND DETERMINE WHAT ACTION, IF ANY, IS APPROPRIATE WITH REGARD TO THE FINANCIAL INTEREST AND ANY CONFLICT OF INTEREST. THE BOARD WILL CONDUCT WHATEVER ADDITIONAL INVESTIGATION IS CONSIDERED APPROPRIATE UNDER THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 THE SCHOOL BOARD VESTS THE PRIMARY RESPONSIBILITY FOR ADMINISTRATION OF THE SCHOOL CORPORATION IN THE SUPERINTENDENT. THE BOARD SHALL ACTIVELY SEEK THE BEST QUALIFIED AND MOST CAPABLE CANDIDATE FOR THE POSITION OF SUPERINTENDENT. IT MAY BE AIDED IN THIS TASK BY: A. A COMMITTEE OF BOARD MEMBERS; B. THE SERVICES OF PROFESSIONAL CONSULTANTS; C. THE COUNSEL OF THE OUTGOING SUPERINTENDENT; D. THE PARTICIPATION OF MEMBERS OF THE COMMUNITY. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST AND ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. 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.