Purdue Polytechnic High School Of Indianapolis
- Assets
- $4.0m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 123
- Location
- Indianapolis, IN
- Founding
- 04/2016
- Data as of
- 06/2022
- EIN
- 47-5125364
Organization Overview
Purdue Polytechnic High School Of Indianapolis is located in Indianapolis, IN. The organization was established in 2016. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Purdue Polytechnic High School Of Indianapolis employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Purdue Polytechnic High School Of Indianapolis 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 06/2022, Purdue Polytechnic High School Of Indianapolis generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $12.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATE AN ENVIRONMENT OF ACADEMIC EXCELLENCE CHARACTERIZED BY INDUSTRY-FOCUSED EXPERIENTIAL LEARNING; MENTORS WHO NURTURE, GUIDE AND TRUST; AND STUDENTS WHO DEVELOP A NATURAL THIRST TO LEARN IN PREPARATION FOR THEIR LIFELONG JOURNEYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURDUE POLYTECHNIC HIGH SCHOOL (PPHS) IS A FREE PUBLIC CHARTER HIGH SCHOOL THAT ENCOURAGES LEARNING OUTSIDE THE BOX - AND THE TRADITIONAL CLASSROOM - THROUGH THE LENS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM). STUDENTS LEARN PROBLEM-SOLVING AND CRITICAL THINKING THROUGH REAL-WORLD DESIGN CHALLENGES. THEY USE THE DESIGN-THINKING PROCESS, WHICH INCLUDES ANALYSIS AND REFLECTION, TO EMPHASIZE CORE ACADEMIC CONCEPTS. INSTEAD OF A TRADITIONAL SCHEDULE, TEACHERS AND STUDENTS WORK TOGETHER TO SCHEDULE TIME FOR INDIVIDUAL AND GROUP INSTRUCTION IN A VARIETY OF FORMATS. STUDENTS LEARN TO BE RESPONSIBLE FOR RECOGNIZING GAPS IN THEIR OWN KNOWLEDGE AND RECEIVE HIGH-QUALITY INSTRUCTIONAL SUPPORT WHEN THEY NEED IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Bertoline Board Co-Chair | OfficerTrustee | 1.5 | $0 |
Maureen Weber Member | Trustee | 1 | $0 |
Shane Hageman Member | Trustee | 1 | $0 |
Jamal Smith Board Co-Chair | OfficerTrustee | 1.5 | $0 |
Maria Quintana Member | Trustee | 1 | $0 |
Robert Wynkoop Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Five Star Technology Solutions Technology Services | 6/29/22 | $243,729 |
Cih Technology Installation | 6/29/22 | $106,942 |
Yurgosky Technology Services | 6/29/22 | $162,588 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,752,655 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,446,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,199,410 |
| Total Program Service Revenue | $47,499 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,246,909 |
| 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. | $231,148 |
| Compensation of current officers, directors, key employees. | $231,148 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,495,010 |
| Pension plan accruals and contributions | $477,270 |
| Other employee benefits | $656,504 |
| Payroll taxes | $441,836 |
| Fees for services: Management | $95,365 |
| Fees for services: Legal | $3,314 |
| Fees for services: Accounting | $86,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $534,291 |
| Advertising and promotion | $0 |
| Office expenses | $1,052,461 |
| Information technology | $149,277 |
| Royalties | $0 |
| Occupancy | $1,193,151 |
| 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 | $624,287 |
| Insurance | $0 |
| All other expenses | $57,284 |
| Total functional expenses | $12,478,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $892,444 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,347,125 |
| 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 | $199,293 |
| Net Land, buildings, and equipment | $1,555,431 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,994,293 |
| Accounts payable and accrued expenses | $602,337 |
| 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 | $602,337 |
| Net assets without donor restrictions | $3,391,956 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,994,293 |