Nonprofit · EIN 81-0741071
CIRCLE CITY PREPARATORY INC
Also known as CIRCLE CITY PREP
Tax-exempt · INDIANAPOLIS, IN 46226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,525,479 | $6,853,687 | -$328,208 | $7,370,084 | $5,556,531 | $1,813,553 |
| June 30, 2024 | 990 | $6,223,004 | $5,720,752 | $502,252 | $7,354,222 | $5,212,461 | $2,141,761 |
| June 30, 2023 | 990 | $5,501,297 | $4,897,600 | $603,697 | $6,437,858 | $4,798,349 | $1,639,509 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,398,329
- of which government grants
- $5,921,138
- Program service revenue
- $0
- Investment income
- $43,208
- Net income from fundraising events
- $45
- Other revenue
- $83,942
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $503,373
- Other salaries and wages
- $2,826,762
- Salaries, compensation and benefits (total)
- $4,123,320
- Professional fundraising fees
- $0
- Legal fees
- $6,083
- Accounting fees
- $82,217
- Occupancy
- $433,993
- Travel
- $60,772
- Depreciation
- $438,589
- Program services (functional)
- $4,629,965
- Management and general (functional)
- $2,223,722
Balance sheet and other
- Total assets, start of year
- $7,354,222
- Total assets, end of year
- $7,370,084
- Total liabilities, end of year
- $5,556,531
- Net assets, end of year
- $1,813,553
- Land, buildings and equipment
- $3,970,528
- Net assets without donor restrictions
- $1,613,553
- Net assets with donor restrictions
- $200,000
- Gross receipts
- $6,527,249
- Employees
- 75
- Volunteers
- 9
- Year formed
- 2015
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MEGAN MURPHY | HEAD OF SCHOOL Officer | 40 | $141,431 | $16,386 |
| SAMANTHA HYDE | ASSISTANT HEAD OF SCHOOL Officer | 40 | $94,264 | $28,301 |
| ALISE DALSTROM | ASSISTANT HEAD OF SCHOOL Officer | 40 | $85,387 | $26,113 |
| COURTNEY ECKERLE | DIRECTOR OF BUSINESS Officer | 40 | $64,932 | $28,667 |
| LESLIE TARBLE | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NIGEL RIGGINS | BOARD VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT GRIMM | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ALEXIS SOWDER | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DAVID FISCHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN LENNON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DARROW NEVES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DREW ROSENBARGER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DARIUS SAWYERS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MEGAN MURPHY | HEAD OF SCHOOL Officer | 40 | $138,925 | $12,446 |
| COURTNEY ECKERLE | DIRECTOR OF FINANCE AND FO Officer | 40 | $70,111 | $20,067 |
| LESLIE TARBLE | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| NIGEL RIGGINS | BOARD VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT GRIMM | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ALEXIS SOWDER | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN LENNON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DARROW NEVES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DREW ROSENBARGER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DARIUS SAYWERS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MEGAN MURPHY | HEAD OF SCHOOL Officer | 50 | $137,531 | $20,577 |
| COURTNEY ECKERLE | DIRECTOR OF FINANCE AND FOOD SERVICE Officer | 50 | $105,008 | $44,729 |
| CHAD MILLER | PRESIDENT/CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| LESLIE TARBLE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALEXIS SOWDER | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT GRIMM | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DAVID FISCHER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DARROW NEVES | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NIGEL RIGGINS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DREW ROSENBARGER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DARIUS SAYWERS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN LENNON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4002 N FRANKLIN RD, INDIANAPOLIS, IN 46226-5297
- In care of
- % MEGAN MURPHY
- Principal officer (990 for 2024)
- MEGAN MURPHY, 4002 N FRANKLIN RD, INDIANAPOLIS, IN 46226
- Signed the 990
- MEGAN MURPHY, EXECUTIVE DIRECTOR
- Phone
- (317) 643-4209
- Website
- WWW.CIRCLECITYPREP.ORG
- Return prepared by
- DONOVAN PC
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.
Program accomplishments
- 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).
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0741071
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $7,370,084
- Income (IRS master file)
- $6,527,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,525,479 | $6,853,687 | $7,370,084 | XML |
| 990 | June 2024 | $6,223,004 | $5,720,752 | $7,354,222 | XML |
| 990 | June 2023 | $5,501,297 | $4,897,600 | $6,437,858 | XML |
| 990 | June 2022 | $4,574,743 | $4,204,269 | $5,969,149 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0741071).
Questions about CIRCLE CITY PREPARATORY INC
- What is the EIN of CIRCLE CITY PREPARATORY INC?
- The employer identification number (EIN) of CIRCLE CITY PREPARATORY INC is 81-0741071.
- Is CIRCLE CITY PREPARATORY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CIRCLE CITY PREPARATORY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CIRCLE CITY PREPARATORY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CIRCLE CITY PREPARATORY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CIRCLE CITY PREPARATORY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CIRCLE CITY PREPARATORY INC?
- The 990 for the year ended June 30, 2025 names MEGAN MURPHY.
- Who are the officers and directors of CIRCLE CITY PREPARATORY INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 4 received compensation from the organization, the highest $141,431 (MEGAN MURPHY, HEAD OF SCHOOL).
- How much revenue does CIRCLE CITY PREPARATORY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,525,479, expenses of $6,853,687 and total assets of $7,370,084 at year end.
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