Piloted Schools Inc
- Assets
- $2.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 41
- Location
- Indianapolis, IN
- Founding
- 12/2018
- Data as of
- 06/2022
- EIN
- 82-2446338
Organization Overview
Piloted Schools Inc is located in Indianapolis, IN. The organization was established in 2018. 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, Piloted Schools Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piloted Schools 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 06/2022, Piloted Schools Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $3.2m during the year ending 06/2022. While expenses have increased by 13.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
PILOTED SCHOOLS IS AN ELEMENTARY CHARTER SCHOOL FOCUSED ON EMPOWERING STUDENTS IN THE WAY THEY SEEM THEMSELVES THROUGH A MODEL OF SOCIAL IDENTITY DEVELOPMENT, CIVIC ENGAGEMENT, AND ACADEMIC EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PK-5 GENERAL EDUCATION CLASS: TEACHERS EXECUTE ELA, MATH, SCIENCE, AND SOCIAL STUDIES LESSONS FOR 230 STUDENTS USING THE COMMON CORE STANDARDS FOR 180 DAYS.
STAFF TRAINING: SCHOOL LEADERSHIP EXECUTES PROFESSIONAL DEVELOPMENT WORKSHOPS FOR 8 STAFF MEMBERS EVERY OTHER WEEK ON WEDNESDAYS.
FAMILY ENGAGEMENT: TO BUILD STRONG AND LASTING RELATIONSHIPS WITH PARENT-PARTNERS, THE SCHOOL SEEKS TO BE A COMMUNITY HUB TO SERVE FAMILIES AND NEIGHBORS. TO DO SO, THE SCHOOL OFFERS A FOOD PANTRY, A DISCOUNT TOILETRY AND CLOTHING STORE, AND RESOURCES TO PARENTS IN NEED. ADDITIONALLY, THE SCHOOL HOSTS 10 COMMUNITY RELATIONS EVENTS THROUGHOUT THE YEAR TO CONTINUE TO BUILD PARTNERSHIPS WITH FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Stevens Chair | OfficerTrustee | 1 | $0 |
Yecenia Tostado Secretary | OfficerTrustee | 1 | $0 |
Lakisha Molin Treasurer | Trustee | 1 | $0 |
Jacob Tandy Board Member | Trustee | 1 | $0 |
Sarah Dillinger Board Member | Trustee | 1 | $0 |
Jenniffer Lopez Dir. Of Business & Operations | Officer | 40 | $30,660 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,706,142 |
| All other contributions, gifts, grants, and similar amounts not included above | $156,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,862,683 |
| 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 | $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 | $2,869,746 |
| 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. | $174,273 |
| Compensation of current officers, directors, key employees. | $56,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,233,298 |
| Pension plan accruals and contributions | $12,550 |
| Other employee benefits | $83,404 |
| Payroll taxes | $101,429 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,110 |
| Fees for services: Accounting | $63,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $408,742 |
| Advertising and promotion | $37,196 |
| Office expenses | $125,584 |
| Information technology | $70,891 |
| Royalties | $0 |
| Occupancy | $69,526 |
| Travel | $5,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $148,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $221,673 |
| Insurance | $28,514 |
| All other expenses | $43,262 |
| Total functional expenses | $3,203,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,145 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $121,575 |
| 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 | $9,374 |
| Net Land, buildings, and equipment | $2,358,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,822,958 |
| Accounts payable and accrued expenses | $60,462 |
| 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 | $2,640,673 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,701,135 |
| Net assets without donor restrictions | $121,823 |
| 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 | $2,822,958 |