Muncie Public Charter School Of Inquiry
- Assets
- $954.5k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 45
- Location
- Muncie, IN
- Founding
- 04/2012
- Data as of
- 06/2021
- EIN
- 30-0686902
Organization Overview
Muncie Public Charter School Of Inquiry, operating under the name Inspire Academy, is located in Muncie, IN. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, Inspire Academy employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspire Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Inspire Academy generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2020-21 ACADEMIC YEAR, THE ORGANIZATION PROVIDED A RIGOROUS, COMPREHENSIVE EDUCATION TO APPROXIMATELY 174 STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE. IT ALSO PROVIDED PROGRAMS TO SUPPORT THE HEALTH AND WELL-BEING OF ITS STUDENTS. THE SCHOOL BELIEVES THAT GOOD HEALTH AND NUTRITION BENEFITS STUDENTS IN THEIR DAILY LIVES AND BETTER PREPARES THEM FOR SUCCESS IN THE CLASSROOM. THESE PROGRAMS INCLUDED REGULAR, FORMAL PHYSICAL EDUCATION; NUTRITIOUS BREAKFASTS AND LUNCHES PROVIDED IN CONJUNCTION WITH THE NATIONAL SCHOOL LUNCH PROGRAM; A WELLNESS FRAMEWORK EMPLOYED THROUGHOUT THE SCHOOL; AND HEALTH AND NUTRITION AWARENESS IN THE CLASSROOM. SOCIAL DEVELOPMENT IS A CORE FOCUS OF THE SCHOOL. THE SCHOOL INCORPORATES CHARACTER DEVELOPMENT AND PERSONAL RESPONSIBILITY INTO ITS INSTRUCTION IN AND OUT OF THE CLASSROOM. THE SCHOOL PLACES THE DEVELOPMENT OF SOCIAL SKILLS ON PAR WITH ACADEMIC ACHIEVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Draper Executive Director | Officer | 40 | $91,210 |
Brittany Pickett Financial Manager | Officer | 40 | $48,387 |
David Wentland Treasurer | OfficerTrustee | 1 | $0 |
Dr Tom Schroeder Chairman | OfficerTrustee | 1 | $0 |
Angela Pacheco-Gonzalez Secretary | OfficerTrustee | 1 | $0 |
Cheryl Kneubuhler Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,865,416 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,638 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,901,054 |
| Total Program Service Revenue | $7,253 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,952,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $154,240 |
| Compensation of current officers, directors, key employees. | $154,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $754,796 |
| Pension plan accruals and contributions | $34,408 |
| Other employee benefits | $52,520 |
| Payroll taxes | $82,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,308 |
| Fees for services: Accounting | $9,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,386 |
| Advertising and promotion | $28,593 |
| Office expenses | $80,003 |
| Information technology | $37,897 |
| Royalties | $0 |
| Occupancy | $125,186 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,523 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,778 |
| Insurance | $23,351 |
| All other expenses | $31,484 |
| Total functional expenses | $1,799,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,269 |
| Savings and temporary cash investments | $2,003 |
| Pledges and grants receivable | $110,576 |
| Accounts receivable, net | $200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,217 |
| Net Land, buildings, and equipment | $607,278 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $954,543 |
| Accounts payable and accrued expenses | $156,910 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $234,503 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $391,413 |
| Net assets without donor restrictions | $563,130 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $954,543 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Muncie Public Charter School Of Inquiry has recieved totaling $10,786.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Muncie And Delaware County Inc Muncie, IN PURPOSE: OPERATING SUPPORT | $10,786 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seeds Of Health Milwaukee, WI | $21,433,274 | $18,248,715 |
Ewing Marion Kauffman School Inc Kansas City, MO | $12,328,924 | $22,686,630 |
Hmong American Peace Academy Ltd Milwaukee, WI | $62,055,663 | $22,180,285 |
Crossroads Charter Schools Kansas City, MO | $14,061,355 | $16,288,564 |
Career Academy Of South Bend Inc South Bend, IN | $28,812,268 | $15,770,291 |
Southland College Prep Charter School Inc Richton Park, IL | $5,970,929 | $14,846,011 |
21st Century Charter School At Gary Inc Indianapolis, IN | $16,296,159 | $15,193,404 |
Avondale Meadows Academy Inc Indianapolis, IN | $23,354,036 | $14,362,990 |
Herron High School Inc Indianapolis, IN | $19,992,400 | $15,381,017 |
Tindley Accelerated Schools Inc Indianapolis, IN | $17,393,569 | $14,658,459 |
Lighthouse Academies Of Indiana Inc Indianapolis, IN | $16,035,849 | $15,931,838 |
Paramount School Of Excellence Incorporated Indianapolis, IN | $17,346,083 | $12,116,236 |