Totals
- Total revenue
- $6,525,479
- Total expenses
- $6,853,687
- Contributions and grants received
- $6,398,329
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $43,208
- Other revenue
- $83,942
- Total assets, end of year
- $7,370,084
- Total liabilities, end of year
- $5,556,531
- Net assets or fund balances, end of year
- $1,813,553
- Program services expenses (Part IX)
- $4,629,965
- Management and general expenses
- $2,223,722
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,629,965
Program services were 67.6% 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.
-
1c · Fundraising events
$23,811
-
1e · Government grants (contributions)
$5,921,138
-
1f · All other contributions, gifts and grants
$453,380
-
3 · Investment income
total $43,208 · excluded $43,208
-
8a · Fundraising events: gross income
$1,815
-
8a · Fundraising events: contributions included on line 1c
$23,811
-
8b · Fundraising events: direct expenses
$1,770
-
8c · Net income from fundraising events
total $45 · excluded $45
-
11a · Other revenue: OTHER INCOME
total $83,897 · related or exempt $83,897
-
11e · Other revenue, total
$83,897
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $503,373 · program services $273,812 · management and general $229,561
-
7 · Other salaries and wages
total $2,826,762 · program services $1,543,899 · management and general $1,282,863
-
8 · Pension plan contributions
total $74,437 · program services $39,638 · management and general $34,799
-
9 · Other employee benefits
total $459,908 · program services $244,903 · management and general $215,005
-
10 · Payroll taxes
total $258,840 · program services $137,834 · management and general $121,006
-
11a · Fees: management
total $21,896 · management and general $21,896
-
11b · Fees: legal
total $6,083 · management and general $6,083
-
11c · Fees: accounting
total $82,217 · program services $82,217
-
11g · Fees: other
total $208,007 · program services $134,055 · management and general $73,952
-
12 · Advertising and promotion
total $18,827 · management and general $18,827
-
13 · Office expenses
total $607,367 · program services $444,149 · management and general $163,218
-
14 · Information technology
total $84,959 · program services $76,049 · management and general $8,910
-
16 · Occupancy
total $433,993 · program services $433,993
-
17 · Travel
total $60,772 · program services $57,445 · management and general $3,327
-
20 · Interest
total $249,100 · program services $249,100
-
22 · Depreciation, depletion and amortization
total $438,589 · program services $438,589
-
23 · Insurance
total $36,176 · program services $36,176
-
24a · Other expenses: FOOD SERVICE
total $289,393 · program services $289,393
-
24b · Other expenses: CURRICULUM
total $89,153 · program services $89,153
-
24c · Other expenses: STAFF DEVELOPMENT
total $59,560 · program services $59,560
-
24d · Other expenses: MISCELLANEOUS
total $24,786 · management and general $24,786
-
24e · All other expenses
total $19,489 · management and general $19,489
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $433,366 · end of year $2,389,178
-
2 · Savings and temporary cash investments
beginning of year $1,659,185
-
3 · Pledges and grants receivable
beginning of year $191,279 · end of year $281,106
-
9 · Prepaid expenses and deferred charges
beginning of year $34,970 · end of year $17,525
-
10a · Land, buildings and equipment: cost or other basis
$5,395,436
-
10b · Land, buildings and equipment: accumulated depreciation
$1,424,908
-
10c · Land, buildings and equipment, net
beginning of year $4,333,842 · end of year $3,970,528
-
15 · Other assets
beginning of year $701,580 · end of year $711,747
-
17 · Accounts payable and accrued expenses
beginning of year $193,349 · end of year $238,291
-
20 · Tax-exempt bond liabilities
beginning of year $4,215,392 · end of year $4,170,377
-
25 · Other liabilities
beginning of year $803,720 · end of year $1,147,863
-
27 · Net assets without donor restrictions
beginning of year $2,141,761 · end of year $1,613,553
-
28 · Net assets with donor restrictions
end of year $200,000
Mission and programs · 2024
Mission
THROUGH EXCELLENCE IN ACADEMIC INSTRUCTION AND CHARACTER DEVELOPMENT, CIRCLE CITY PREP ENSURES ALL K-8 STUDENTS ARE AMBITIOUS, POWERFUL LEARNERS AND RESPONSIBLE, POSITIVE LEADERS ON A PATH TO COLLEGE AND A LIFE OF OPPORTUNITY.
-
ACQUISITION OF ACE PREP AND EXPANDING EXTRACURRICULAR OPPORTUNITIES ON THIS CAMPUS.
Expenses $4,629,965 · Revenue $83,897
-
RETENTION OF 90%+ OF INSTRUCTIONAL STAFF SY25 TO SY26.
-
IREAD GRADE 2 INCREASED FROM 15% IN SY24 TO 40% IN SY25 (NOTE: THIS ASSESSMENT IS A G3 ASSESSMENT - OF INCOMING 3RD GRADERS HAVE NOW ALREADY PASSED).
As filed on the 2024 return.
Listed in Part VII
-
Megan MurphyMEGAN MURPHY
HEAD OF SCHOOL
- Total calculated
- $157,817
- From this org
- $141,431
- From related orgs
- $0
- Other
- $16,386
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,431
- Bonus
- $0
- Other
- $0
- Deferred
- $4,123
- Nontaxable benefits
- $12,263
- Filer's total
- $157,817
-
Samantha HydeSAMANTHA HYDE
ASSISTANT HEAD OF SCHOOL
- Total calculated
- $122,565
- From this org
- $94,264
- From related orgs
- $0
- Other
- $28,301
- Hours/week
- 40
-
Alise DalstromALISE DALSTROM
ASSISTANT HEAD OF SCHOOL
- Total calculated
- $111,500
- From this org
- $85,387
- From related orgs
- $0
- Other
- $26,113
- Hours/week
- 40
-
Courtney EckerleCOURTNEY ECKERLE
DIRECTOR OF BUSINESS
- Total calculated
- $93,599
- From this org
- $64,932
- From related orgs
- $0
- Other
- $28,667
- Hours/week
- 40
-
Leslie TarbleLESLIE TARBLE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Nigel RigginsNIGEL RIGGINS
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Robert GrimmROBERT GRIMM
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Alexis SowderALEXIS SOWDER
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
David FischerDAVID FISCHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kevin LennonKEVIN LENNON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Darrow NevesDARROW NEVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Drew RosenbargerDREW ROSENBARGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Darius SawyersDARIUS SAWYERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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 · Written employment contract
- 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
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631059349301228
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.