2026-07-15T11:22:05-05:00 2025-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2025-01-01 993711823 BELIEVE SCHOOLS INC BELI 3172961954 2540 N CAPITOL AVE INDIANAPOLIS IN 46208 KIMBERLY NEAL EXECUTIVE DIRECTOR 3172961954 2026-07-15 1 ABIGAIL HEDGES CPA P02058156 3177456411 2026-07-15 2025 2025-03-06 01:10:19Z KIMBERLY NEAL 2540 N CAPITOL AVE INDIANAPOLIS IN 46208 703841 0 X BELIEVESCHOOLS.ORG X 2023 IN BELIEVE SCHOOLS, INC EXISTS TO ASSIST THE SCHOOLS WITHIN ITS ORGANIZATION BY MANAGING CURRICULUM, PROVIDING CHARTER MANAGEMENT, AND PROVIDING SERVICES TO THE VARIOUS CHARTER SCHOOLS INCLUDING, BUT NOT LIMITED TO, FUNDRAISING, MARKETING, AND ADVERTISING. ADDITIONALLY, THE ORGANIZATION EXISTS TO SOLICIT AND RECEIVE FUNDS FOR THE ACCOMPLISHMENT OF THE ABOVE PURPOSES. 3 3 4 3 0 0 250000 133035 195462 570806 0 0 0 0 445462 703841 0 0 0 0 228969 607351 0 0 66891 16488 146550 245457 753901 200005 -50060 208783 449691 8778 99428 200005 350263 X BELIEVE SCHOOLS, INC EXISTS TO ASSIST THE SCHOOLS WITHIN ITS ORGANIZATION BY MANAGING CURRICULUM, PROVIDING CHARTER MANAGEMENT, AND PROVIDING SERVICES TO THE VARIOUS CHARTER SCHOOLS INCLUDING, BUT NOT LIMITED TO, FUNDRAISING, MARKETING, AND ADVERTISING. ADDITIONALLY, THE ORGANIZATION EXISTS TO SOLICIT AND RECEIVE FUNDS FOR THE ACCOMPLISHMENT OF THE ABOVE PURPOSES. 0 0 296761 570806 BELIEVE SCHOOLS CMO SUPPORTS THE DESIGN AND IMPLEMENTATION OF RIGOROUS, STUDENT-CENTERED ACADEMIC PROGRAMS ACROSS NETWORK CAMPUSES SERVING PREDOMINANTLY BLACK AND BROWN STUDENTS. SERVICES INCLUDE CURRICULUM ALIGNMENT, ASSESSMENT AND DATA SYSTEMS, SPECIAL EDUCATION AND MULTILINGUAL LEARNER COMPLIANCE, AND COLLEGE- AND CAREER-ALIGNED PATHWAYS (EARLY COLLEGE, DUAL CREDIT, HEALTH SCIENCES, PERFORMING ARTS, AND WORKFORCE EXPOSURE). DURING THE YEAR, THE CMO SUPPORTED MULTIPLE CAMPUSES SERVING APPROXIMATELY 500 STUDENTS THROUGH YEAR-ROUND INSTRUCTIONAL COACHING, PROFESSIONAL DEVELOPMENT, AND PROGRAM MONITORING. THE CMO PROVIDES CENTRALIZED OPERATIONAL, FINANCIAL, AND COMPLIANCE SERVICES TO ENSURE SCHOOLS OPERATE EFFICIENTLY AND IN ACCORDANCE WITH FEDERAL, STATE, AND AUTHORIZER REQUIREMENTS. SERVICES INCLUDE BUDGETING AND FINANCIAL MANAGEMENT, GRANT ADMINISTRATION, PAYROLL AND PROCUREMENT, FACILITIES AND TRANSPORTATION OVERSIGHT, STATE REPORTING, AND AUDIT COORDINATION. DURING THE YEAR, THE CMO SUPPORTED 3 SCHOOLS AND 50+ EMPLOYEES THROUGH DAILY OPERATIONAL SUPPORT, MONTHLY FINANCIAL REPORTING, ANNUAL AUDITS, AND ONGOING COMPLIANCE MONITORING. THE CMO LEADS RECRUITMENT, ONBOARDING, PROFESSIONAL DEVELOPMENT, AND LEADERSHIP SUPPORT TO BUILD AND RETAIN HIGH-QUALITY, DIVERSE STAFF AND TO SUPPORT RESPONSIBLE NETWORK GROWTH. SERVICES INCLUDE TEACHER AND LEADER COACHING, PERFORMANCE MANAGEMENT SYSTEMS, STAFF ENGAGEMENT INITIATIVES, AND PLANNING FOR NEW SCHOOL LAUNCHES AND EXPANSIONS. DURING THE YEAR, THE CMO SUPPORTED APPROXIMATELY 50+ STAFF MEMBERS ACROSS THE NETWORK AND ADVANCED PLANNING AND IMPLEMENTATION FOR NEW AND EXPANDING SCHOOL PROGRAMS. 296761 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X THE ORGANIZATION 3172961954 2540 N CAPITOL AVE INDIANAPOLIS IN 46208 MELISSA KIM PRESIDENT 5.00 X 0 0 0 SOENDA HOWELL TREASURER 5.00 X 0 0 0 RACHEL POWERS SECRETARY 5.00 X 0 0 0 KIMBERLY NEAL EXECUTIVE DIRECTOR 40.00 X 173061 0 0 KAITLYN REIMER CHIEF ACADEMIC OFFICER 40.00 X 126237 0 0 299298 0 0 2 0 1 0 0 133035 133035 MANAGEMENT SERVICES 541610 570806 570806 570806 703841 570806 0 0 299299 132835 133006 33458 234710 104169 104303 26238 8900 5474 2737 689 20257 12459 6231 1567 44185 19611 19635 4939 61500 61500 36791 36791 6427 776 5651 14017 6459 7558 997 997 STAFF DEVELOPMENT 26818 14978 11840 753901 296761 390249 66891 13321 106891 195462 339800 3000 208783 449691 8778 78454 20974 8778 99428 X 200005 350263 200005 350263 208783 449691 -50060 200318 0 X X 0 1 X 1 0 X 250000 133034 383034 250000 133034 383034 242339 140695 383034 766268 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1185153 481312 481312 703841 0 703841 1235213 481312 481312 753901 0 753901 PART X, LINE 2: THE CORPORATION RECEIVED A DETERMINATION FROM THE U.S. DEPARTMENT OF TREASURY STATING IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT CORPORATION; HOWEVER, THE CORPORATION WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEAR ENDED DECEMBER 31, 2025, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE CORPORATION 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 THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE CORPORATION EXAMINED THIS ISSUE AND DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER DECEMBER 31, 2021 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. X X 0 0 0 0 0 0 0 0 0 KIMBERLY NEAL EXECUTIVE DIRECTOR 173061 0 0 0 0 0 0 0 0 0 173061 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION FILED ARTICLES OF AMENDMENT IN JULY OF 2025. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 FILING IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BELIEVE SCHOOLS, INC. REQUIRES PROMPT DISCLOSURE OF POTENTIAL OR ACTUAL CONFLICTS TO THE BOARD; THE BOARD RECORDS COI PROCEEDINGS IN THE MINUTES, MAINTAINS CONFIDENTIALITY, CONDUCTS PERIODIC REVIEWS (INCLUDING COMPENSATION/RELATED-PARTY ARRANGEMENTS), AND OBTAINS ANNUAL WRITTEN AFFIRMATIONS. THE POLICY COVERS ALL DIRECTORS, OFFICERS, AND EMPLOYEES, AND ADDRESSES RELATED PARTIES AND DISQUALIFIED PERSONS. THE BOARD OF DIRECTORS DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE AND, IF ONE DOES, REVIEWS/APPROVES ANY AFFECTED TRANSACTION (AND MAY USE DISINTERESTED ADVISORS AND COMPARABILITY DATA). INTERESTED PERSONS MUST RECUSE FROM DELIBERATIONS AND VOTING, REFRAIN FROM INFLUENCING DECISIONS, AND ANYONE RECEIVING COMPENSATION MAY NOT VOTE ON MATTERS RELATING TO THEIR OWN PAY. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICER'S LAST RATE OF PAY IS REQUESTED AND COMPARED TO LOCAL COMPS IN THE AREA, AFTER WHICH A FAIR OFFER IS MADE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART XI, LINE 8: THE ORGANIZATION'S DECEMBER 31, 2025 FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. AS PART OF THE AUDIT, ADJUSTMENTS WERE MADE TO REPORTING OF THE ORGANIZATION'S ACCOUNTS RECEIVABLE AND PAYABLE WITH AN ADJUSTMENT TO BEGINNING NET ASSETS, WHICH RESULTED IN A PRIOR PERIOD ADJUSTMENT OF $200,318 BEING REPORTED ON FORM 990, PART XI, LINE 8 FOR TAX YEAR 2025.