Totals
- Total revenue
- $2,500,163
- Total expenses
- $2,442,517
- Contributions and grants received
- $75,000
- Grants paid
- $0
- Program service revenue
- $2,408,351
- Investment income
- $16,812
- Other revenue
- $0
- Total assets, end of year
- $10,898,924
- Total liabilities, end of year
- $11,222,046
- Net assets or fund balances, end of year
- -$323,122
- Program services expenses (Part IX)
- $2,254,809
- Management and general expenses
- $187,708
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,254,809
Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$75,000
-
2a · Program service revenue: FACILITIES MANAGEMENT
total $1,229,696 · related or exempt $1,229,696
-
2b · Program service revenue: MANAGEMENT AND CONSULT
total $1,046,700 · related or exempt $1,046,700
-
2c · Program service revenue: TRANSPORTATION INITIAT
total $85,000 · related or exempt $85,000
-
2d · Program service revenue: SCHOOL SUPPORT SERVICE
total $33,355 · related or exempt $33,355
-
2e · Program service revenue: COMPLIANCE AND REPORTI
total $13,600 · related or exempt $13,600
-
3 · Investment income
total $16,812 · excluded $16,812
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $507,682 · program services $422,945 · management and general $84,737
-
7 · Other salaries and wages
total $395,092 · program services $325,411 · management and general $69,681
-
8 · Pension plan contributions
total $9,598 · program services $8,925 · management and general $673
-
9 · Other employee benefits
total $56,970 · program services $52,975 · management and general $3,995
-
10 · Payroll taxes
total $53,085 · program services $49,363 · management and general $3,722
-
11a · Fees: management
total $67,820 · program services $67,820
-
11b · Fees: legal
total $15,062 · program services $5,000 · management and general $10,062
-
11c · Fees: accounting
total $4,645 · program services $1,645 · management and general $3,000
-
11g · Fees: other
total $80,852 · program services $80,852
-
13 · Office expenses
total $4,711 · program services $4,501 · management and general $210
-
14 · Information technology
total $1,928 · program services $1,305 · management and general $623
-
17 · Travel
total $372 · program services $372
-
19 · Conferences, conventions and meetings
total $1,231 · program services $1,231
-
20 · Interest
total $732,063 · program services $732,063
-
22 · Depreciation, depletion and amortization
total $364,800 · program services $364,800
-
23 · Insurance
total $7,658 · management and general $7,658
-
24a · Other expenses: TRANSPORTATION SERVICES
total $85,000 · program services $85,000
-
24b · Other expenses: BAD DEBT EXPENSE
total $47,255 · program services $47,255
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $6,143 · program services $3,346 · management and general $2,797
-
24d · Other expenses: BANK FEES
total $550 · management and general $550
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $692,584 · end of year $836,714
-
2 · Savings and temporary cash investments
beginning of year $202,214 · end of year $324,413
-
4 · Accounts receivable
beginning of year $106,211 · end of year $71,500
-
10a · Land, buildings and equipment: cost or other basis
$11,115,028
-
10b · Land, buildings and equipment: accumulated depreciation
$1,650,310
-
10c · Land, buildings and equipment, net
beginning of year $9,821,535 · end of year $9,464,718
-
14 · Intangible assets
beginning of year $209,562 · end of year $201,579
-
17 · Accounts payable and accrued expenses
beginning of year -$414 · end of year $436
-
20 · Tax-exempt bond liabilities
beginning of year $11,305,000 · end of year $11,130,000
-
25 · Other liabilities
beginning of year $91,610 · end of year $91,610
-
27 · Net assets without donor restrictions
beginning of year -$364,090 · end of year -$323,122
Mission and programs · 2023
Mission
THE ORGANIZATION PROVIDES COST-EFFECTIVE FINANCIAL, OPERATIONAL AND STATE REPORTING SERVICES TO CHARTER SCHOOLS AND INNOVATIVE NETWORK SCHOOLS AND THEIR LEADERS. BY ENSURING THAT THESE SCHOOLS HAVE EFFECTIVE SUPPORT SERVICES, THE ORGANIZATION MAXIMIZES THE TIME THAT SCHOOL PERSONNEL CAN FOCUS ON THE CLASSROOM, FUELING THE DEVELOPMENT OF SCHOOL LEADERS, AND SAVING SCHOOLS VALUABLE RESOURCES THAT CAN BE REINVESTED IN THE SCHOOLS' EDUCATIONAL PROGRAMS.
Activities or mission (Part I)
THE ORGANIZATION PROVIDES COST-EFFECTIVE, NON-INSTRUCTIONAL SERVCIES TO CHARTER SCHOOLS AND INNOVATIVE NETWORK SCHOOLS. IN ADDITION, THE ORGANIZATION PROVIDES PROFESSIONAL DEVELOPMENT, TECHNICAL ASSISTANCE AND TRAINING TO ADMINISTRATIVE STAFF IN THESE SCHOOLS.
-
THE ORGANIZATION PROVIDED FACILITY AND REAL ESTATE CONSULTING AND MANAGEMENT SERVICES TO SCHOOLS AND WORKED WITH PARTNERS TO DEVELOP BEST PRACTICES IN THE FACILITY FINANCING SPACE. THIS INCLUDED CONTINUED OWNERSHIP AND COORINDATION WITH TINDLEY ACCELERATED SCHOOLS, CONSULTING WITH MATCHBOOK ACADMIES AND ANDREW J BROWN ACADEMY, ADVISING ON SITES FOR GLOBAL PREP ACADEMY.
Expenses $191,308 · Revenue $132,614
-
THE ORGANIZATION WORKED WITH FIVE CHARTER SCHOOLS ON A PILOT PROGRAM TO TEST THE FEASIBILITY OF A TRANSPORTATION INTERLOCAL IN MARION COUNTY. THE PILOT ASSISTED SCHOOLS WITH PLANNING AND MANAGING ROUTES, AND COMMUNICATIONS WITH FAMILIES.
Expenses $85,000 · Revenue $85,000
-
THE ORGANIZATION PROVIDED FINANCIAL SERVICES AND CONSULTING WORK TO TWENTY-TWO SCHOOLS WHICH SUCCESSFULLY ALLOWED THOSE SCHOOLS TO USE RESOURCES TOWARD EDUCATIONAL ACTIVITIES. THESE SERVICES INCLUDED CAPACITY-BUILDING, PROFESSIONAL DEVELOPMENT AND TECHNICAL ASSISTNACE TO THOSE SCHOOLS' ADMINISTRATIVE STAFF.
Expenses $938,271 · Revenue $1,059,300
-
THE ORGANIZATION PROVIDED VARIOUS OTHER BUSINESS AND SUPPORT SERVICES TO SCHOOLS.
Expenses $1,040,230 · Revenue $1,131,437
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian AndersonBRIAN ANDERSON
CFO
- Total calculated
- $197,359
- From this org
- $165,865
- From related orgs
- $0
- Other
- $31,494
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,865
- Bonus
- $0
- Other
- $0
- Deferred
- $8,293
- Nontaxable benefits
- $23,201
- Filer's total
- $197,359
-
Kimberly TarinKIMBERLY TARIN
DIRECTOR OF GRANT SERVICES AND CLIENT SUPPORT
- Total calculated
- $145,508
- From this org
- $123,189
- From related orgs
- $0
- Other
- $22,319
- Hours/week
- 40
-
Edreece RedmondEDREECE REDMOND
EXECUTIVE DIRECTOR
- Total calculated
- $133,750
- From this org
- $133,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Joe WhiteJOE WHITE
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jason DudichJASON DUDICH
SECRETARY & TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Porsche ChisleyPORSCHE CHISLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD OF DIRECTORS APPROVES THE CFO'S COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · EDUCATION SUPPORT · IN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CIES TINDLEY I LLC
REAL ESTATE HOLDING · IN · income $1,097,082 · assets $9,990,710
Directly controlled by CENTER FOR INNOVATIVE EDUCATION SOLUTIONS INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500589349300420
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