2024-02-09T13:36:07-06:00 2023-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2022-07-01 300686902 MUNCIE PUBLIC CHARTER SCHOOL OF INQUIRY INC MUNC 7652167980 2801 E 16TH STREET MUNCIE IN 47302 TODD ROARK BOARD TREASURER 7652167980 2024-01-24 1 TODD ROARK 999009999 1 REX E MILLER CPA CGMA P01081969 3177456411 2024-01-24 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z INSPIRE ACADEMY TODD ROARK 800 S OAKMONT CIRCLE YORKTOWN IN 47396 3014250 0 X HTTPS://INSPIREMUNCIE.ORG/ X 2012 IN INSPIRE ACADEMY EXISTS TO EMPOWER A DIVERSE BODY OF STUDENTS WITH AN INTERNATIONALLY COMPETITIVE EDUCATION BY FOSTERING STUDENTS' NATURAL INCLINATION TOWARD CURIOSITY, DISCOVERY, AND ADVENTURE. 5 5 42 23 0 0 2745246 2886620 13812 88612 0 0 28828 39018 2787886 3014250 0 0 0 0 1427765 1634785 0 0 0 987645 1212478 2415410 2847263 372476 166987 1590026 1743905 654420 641312 935606 1102593 INSPIRE ACADEMY EXISTS TO EMPOWER A DIVERSE BODY OF STUDENTS WITH AN INTERNATIONALLY COMPETITIVE EDUCATION BY FOSTERING STUDENTS' NATURAL INCLINATION TOWARD CURIOSITY, DISCOVERY, AND ADVENTURE. 0 0 1969238 127630 THE SCHOOL SERVED APPROXIMATELY 180 AND 155 STUDENTS DURING THE 2022-2023 AND THE 2021-2022 SCHOOL YEARS, RESPECTIVELY, IN GRADES PREKINDERGARTEN TO EIGHTH BY PROVIDING AN ALTERNATIVE TO THE TRADITIONAL ELEMENTARY SCHOOL PROGRAM. 1969238 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 42 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 IN X ANA MARIC 7652167980 2801 E 16TH ST MUNCIE IN 47302 LESLIE DRAPER EXECUTIVE DIRECTOR 40.00 X 122267 0 8338 PATRICK FASSNACHT PRINCIPAL 40.00 X 110000 0 0 BRITTANY PICKETT FINANCIAL MANAGER (THRU 06/23) 40.00 X 81977 0 6027 ANA MARIC FINANCIAL MANAGER 40.00 X 8156 0 397 DR THOMAS SCHROEDER BOARD PRESIDENT 1.00 X X 0 0 0 YVONNE THOMPSON VICE CHAIR 1.00 X X 0 0 0 ANGELA PACHECO-GONZALEZ BOARD SECRETARY 1.00 X X 0 0 0 TODD ROARK BOARD TREASURER 1.00 X X 0 0 0 JAMES REDIGER BOARD MEMBER 1.00 X 0 0 0 322400 0 14762 2 0 0 0 0 2863751 22869 2886620 STUDENT FEES 611710 88612 88612 88612 OTHER INCOME 900099 39018 39018 39018 3014250 127630 0 0 X 327682 222706 104976 1089523 740928 348595 17505 3861 13644 77028 54953 22075 123047 87180 35867 45351 45351 5432 5432 16708 16708 93891 37466 56425 59247 59247 122508 109252 13256 46013 46013 189387 189387 28688 28688 126342 126342 27643 27643 STUDENT TRANSPORTATION 213532 213532 FOOD COSTS 86738 86738 STAFF DEVELOPMENT 36687 36687 OTHER EXPENSES 30486 4084 26402 83825 10109 73716 2847263 1969238 878025 0 47260 77827 2003 7003 90375 130603 21180 18258 33458 19368 2051007 560161 1395750 1490846 1590026 1743905 95788 109868 558632 531444 654420 641312 X 935606 1102593 935606 1102593 1590026 1743905 166987 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76880 76880 148120 25304 122816 1266373 112749 1153624 429586 328720 100866 130048 93388 36660 1490846 X 3014250 0 3014250 0 3014250 2847263 0 2847263 0 2847263 PART X, LINE 2: PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THANNOT TEST, NO TAX LIABILITY IS RECORDED. THE SCHOOL EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER JUNE 30, 2019 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S MARKETING MATERIALS SPECIFY THAT IT IS A FREE PUBLIC CHARTER SCHOOL OPEN TO ANY STUDENT IN GRADES K-8 LIVING IN INDIANA. THE ADMISSION POLICY, PLACED WITH THE ENROLLMENT FORM ON THE SCHOOL'S WEBSITE, SPECIFIES THAT, "ADMISSION WILL NOT BE LIMITED ON THE BASIS OF INTELLECTUAL ABILITY, ATHLETIC ABILITY, DISABILITY, RACE, CREED, NATIONAL ORIGIN, RELIGION, ANCESTRY OR ANY OTHER CRITERIA THAT WOULD BE UNLAWFUL." SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES STATE TUITION SUPPORT AS WELL AS FUNDING UNDER VARIOUS FEDERAL PROGRAMS ADMINISTERED BY THE INDIANA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE SCHOOL'S DIRECTOR OF FINANCE. A COPY OF THE FORM 990 IS SENT ELECTONICALLY TO ALL BOARD MEMBERS AND TO THE SCHOOL LEADER FOR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS DISCLOSE ANNUALLY BUSINESS RELATIONSHIPS THAT MAY CREATE A CONFLICT OF INTEREST. IN ADDITION, THE RELATIVELY SMALL SIZE OF THE ORGANIZATION AND KNOWLEDGE OF THE LIMITED NUMBER OF SERVICE PROVIDERS ALLOWS MANAGEMENT TO BE AWARE OF POTENTIAL CONFLICTS. EVERY PAYMENT MADE IS REVIEWED AND APPROVED BY BOTH THE SCHOOL LEADER AND THE SCHOOL TREASURER, AND ALL EXPENDITURES ARE REPORTED TO THE BOARD MONTHLY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL: COMPENSATION FOR THE SCHOOL LEADER IS DETERMINED ANNUALLY AND APPROVED BY THE FULL BOARD OF DIRECTORS. COMPENSATION FOR THE SCHOOL LEADER HAS BEEN SET TO ALIGN WITH THE SCHOOL'S LIMITED FINANCIAL RESOURCES. THIS HAS RESULTED IN COMPENSATION FOR THE SCHOOL LEADER AT WELL BELOW THAT FOR COMPARABLE POSITIONS AT AREA SCHOOLS. COMPENSATION PROCESS FOR OFFICERS: IN THE 2022-2023 FISCAL YEAR, THE ONLY OTHER OFFICER AT THE SCHOOL WAS THE DIRECTOR OF FINANCE. COMPENSATION FOR THE DIRECTOR OF FINANCE HAS BEEN SET TO ALIGN WITH THE SCHOOL'S LIMITED FINANCIAL RESOURCES. THIS HAS RESULTED IN COMPENSATION FOR THE SCHOOL LEADER AT WELL BELOW THAT FOR COMPARABLE POSITIONS AT AREA SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G INSTRUCTIONAL SERVICES: PROGRAM SERVICE EXPENSES 37,466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,466. PAYROLL SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 33,759. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,759. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,666. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,666. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN ACCOUNTANT HAS NOT CHANGED.