Indiana Life Sciences Academy Inc is located in Indianapolis, IN. As of 06/2017, Indiana Life Sciences Academy Inc employed 47 individuals. Indiana Life Sciences Academy Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, Indiana Life Sciences Academy Inc generated $211.4k in total revenue. All expenses for the organization totaled $35.1k during the year ending 06/2017.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
HELPING PARENTS PREPARE THEIR CHILDREN FOR LIFETIME ACHIEVEMENT AND THE GLOBAL FUTURE BY CREATING AN INNOVATIVE AND ACADEMICALLY EXCELLENT SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS A PUBLIC CHARTER SCHOOL PROVIDING EDUCATIONAL INSTRUCTION TO STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH, OF WHICH ALL QUALIFIED FOR FREE AND REDUCED-COST MEALS THROUGH THE COMMUNITY ELIGIBILITY PROGRAM. OPERATIONS CEASED EFFECTIVE JUNE 30, 2016. ACTIVITY FOR THE FISCAL YEAR ENDING JUNE 30, 2017 WAS TO WRAP UP OPERATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Ramos Board President | OfficerTrustee | 1 | $0 |
Theressa Wright MD Director | Trustee | 1 | $0 |
Emily Frische Director | Trustee | 1 | $0 |
Jamal Smith Director | Trustee | 1 | $0 |
Reggie Henderson Director | Trustee | 1 | $0 |
Jorge Arredondo Treasurer | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Schoolhouse Finance Real Estate Financing | 6/29/17 | $635,401 |
Imagine Schools Inc Management Services | 6/29/17 | $265,755 |
Miller Transportation Student Transportation | 6/29/17 | $179,132 |
Aramark Education Service Llc Student Meals | 6/29/17 | $167,984 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$51,057 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $211,430 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $35,064 |
Total functional expenses | $35,064 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |