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.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$423K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $135K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$423K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $134K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$11.2M
103% of total assets
Concern: liabilities are 103% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+1% vs prior year
Spent
$2.4M
To programs
92%
Net assets
−$323K
By yearFY2021–FY2025
Revenue
$2.5M
FY2024▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.0M
FY2022$2.3M
FY2023$2.5M
FY2024$2.5M
FY2025$2.4M
Expenses
$2.4M
FY2024▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2021$2.1M
FY2022$2.5M
FY2023$2.6M
FY2024$2.4M
FY2025$2.6M
Net assets
−$323K
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2021$68K
FY2022−$187K
FY2023−$364K
FY2024−$323K
FY2025−$563K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.3M Management & general 8% · $188K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $423K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$165,865Pt VII · Sec A
Executive Director
$133,750Pt VII · Sec A
Director of Grant Services and Client Support
$123,189Pt VII · Sec A
Board President
$0Pt VII · Sec A
Secretary & Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Brian Anderson’s $174K as CFO is at the 75th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Brian Anderson$174,158$165,865$157,966$162,225$151,453
Kimberly Tarin$135,403$123,189———
Edreece Redmond—$133,750———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports charter and innovative schools with services, training, and technical assistance for staff.

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Provided by the organization

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3 programs · $1.2M · in their own filed words · FY2023
01

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.

$938Kprogram expense
02

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…

$191Kprogram expense
03

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.

$85Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$134K
Grants paid · 1 grant · $83K · 2021–2021
Spedacts INCIN · FY2021$82,585

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.5M
Ln 12
Fees for servicesLn 2g$2.4M
Gifts and grantsLn 1h$75K
Investment incomeLn 3$17K
Money outPt IX
$2.4M
Ln 25
Programscol B$2.3M
Managementcol C$188K
Owns and owesPt X
−$323K
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$10.9M
LiabilitiesLn 26$11.2M
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$75K
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$17K
Total revenueLn 12$2.5M
Assets in detailPt X, end of year
CashLn 1$837K
SavingsLn 2$324K
Cash and savings togetherLn 1–2$1.2M
Land, buildings, equipmentLn 10c$9.5M
Total assetsLn 16$10.9M
LiabilitiesLn 26$11.2M
Net assetsLn 32−$323K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$895K$1.2M
Land, buildings, equipmentLn 10c$9.8M$9.5M
Total assetsLn 16$11.0M$10.9M
LiabilitiesLn 26$11.4M$11.2M
Net assetsLn 32−$364K−$323K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$508K$423K$85K
Other salaries and wagesLn 7$395K$325K$70K
Pension plan contributionsLn 8$10K$9K$673
Other employee benefitsLn 9$57K$53K$4K
Payroll taxesLn 10$53K$49K$4K
Management feesLn 11a$68K$68K
Legal feesLn 11b$15K$5K$10K
Accounting feesLn 11c$5K$2K$3K
Other fees for servicesLn 11g$81K$81K
Office expensesLn 13$5K$5K$210
Information technologyLn 14$2K$1K$623
TravelLn 17$372$372
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$732K$732K
Depreciation, depletion and amortizationLn 22$365K$365K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$139K$136K$3K
Total functional expensesLn 25$2.4M$2.3M$188K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.4M$2.6M−$237K−$563K 990 PDF
FY2024 Viewing $2.5M$2.4M$58K−$323K 990 PDF
FY2023 $2.5M$2.6M−$167K−$364K 990 PDF
FY2022 $2.3M$2.5M−$255K−$187K 990 PDF
FY2021 $2.0M$2.1M−$72K$68K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $2,500,163 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $324,000$75,000
I-9 Program service revenuePrior year $2,138,828$2,408,351
I-10 Investment incomePrior year $8,873$16,812
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,471,701$2,500,163
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $863,421$1,022,427
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,775,414$1,420,090
I-18 Total expensesPrior year $2,638,835$2,442,517
I-19 Revenue less expensesPrior year −$167,134$57,646
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $2,500,163 across 5 lines filed
VIII-1d Related organizations$75,000
VIII-1h Total contributions, gifts and grants$75,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,408,351$2,408,351
VIII-3 Investment incomeExcluded from tax $16,812$16,812
VIII-12 Total revenueRelated to mission $2,408,351 · Unrelated business $0 · Excluded from tax $16,812$2,500,163
Part IX · Statement of functional expenses $2,442,517 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $422,945 · Management $84,737$507,682
IX-7 Other salaries and wagesPrograms $325,411 · Management $69,681$395,092
IX-8 Pension plan contributionsPrograms $8,925 · Management $673$9,598
IX-9 Other employee benefitsPrograms $52,975 · Management $3,995$56,970
IX-10 Payroll taxesPrograms $49,363 · Management $3,722$53,085
IX-11a Management feesPrograms $67,820$67,820
IX-11b Legal feesPrograms $5,000 · Management $10,062$15,062
IX-11c Accounting feesPrograms $1,645 · Management $3,000$4,645
IX-11g Other fees for servicesPrograms $80,852$80,852
IX-13 Office expensesPrograms $4,501 · Management $210$4,711
IX-14 Information technologyPrograms $1,305 · Management $623$1,928
IX-17 TravelPrograms $372$372
IX-19 Conferences, conventions and meetingsPrograms $1,231$1,231
IX-20 InterestPrograms $732,063$732,063
IX-22 Depreciation, depletion and amortizationPrograms $364,800$364,800
IX-23 InsuranceManagement $7,658$7,658
IX-24 Other expenses (24a–d)Programs $135,601 · Management $3,347$138,948
IX-25 Total functional expensesPrograms $2,254,809 · Management $187,708 · Fundraising $0$2,442,517
Part X · Balance sheet $10,898,924 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $692,584$836,714
X-2 Savings and temporary cash investmentsStart of year $202,214$324,413
X-4 Accounts receivableStart of year $106,211$71,500
X-10c Land, buildings and equipment, netStart of year $9,821,535$9,464,718
X-14 Intangible assetsStart of year $209,562$201,579
X-16 Total assetsStart of year $11,032,106$10,898,924
X-17 Accounts payable and accrued expensesStart of year −$414$436
X-20 Tax-exempt bond liabilitiesStart of year $11,305,000$11,130,000
X-25 Other liabilitiesStart of year $91,610$91,610
X-26 Total liabilitiesStart of year $11,396,196$11,222,046
X-27 Net assets without donor restrictionsStart of year −$364,090−$323,122
X-32 Total net assets or fund balancesStart of year −$364,090−$323,122
X-33 Total liabilities and net assetsStart of year $11,032,106$10,898,924
Part XI · Reconciliation of net assets −$323,122 net assets at year end
XI-1 Total revenue$2,500,163
XI-2 Total expenses$2,442,517
XI-3 Revenue less expenses$57,646
XI-4 Net assets at start of year−$364,090
XI-9 Other changes in net assets−$16,678
XI-10 Net assets at end of year−$323,122

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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