International School Of Indiana Inc
- Assets
- $35.3m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 189
- Location
- Indianapolis, IN
- Founding
- 08/1993
- Data as of
- 06/2022
- EIN
- 35-1887161
Organization Overview
International School Of Indiana Inc is located in Indianapolis, IN. The organization was established in 1993. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, International School Of Indiana Inc employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International School Of Indiana Inc 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 06/2022, International School Of Indiana Inc generated $13.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $14.1m during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE INTERNATIONAL SCHOOL OF INDIANA IS TO PROVIDE OUR STUDENTS WITH A WORLD-CLASS EDUCATION THAT PREPARES THEM TO BE RESPONSIBLE (CONT'D IN SCHEDULE O)
Describe the Organization's Program Activity:
SERVING MORE THAN 500 STUDENTS IN PRE-SCHOOL THROUGH 12TH GRADE DURING THE 2021-2022 SCHOOL YEAR. ISI ALSO WELCOMED STUDENTS FROM OUTSIDE THE US FOR STAYS RANGING FROM ONE WEEK TO THE ENTIRE SCHOOL YEAR. ISI CONTINUES TO OFFER THE WORLD AS ITS CLASSROOM, GIVING STUDENTS THE OPPORTUNITY TO LEARN FROM A GLOBAL PERSPECTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Head Head Of School | Officer | 40 | $364,646 |
Richard Bruford Upper School Principal | 40 | $120,108 | |
Trina Haygaru Lower School Principal | 40 | $111,155 | |
Jessica Armstrong VP Of Finance And Operations | Officer | 40 | $83,568 |
Scott Weaver President Of The Board | OfficerTrustee | 1 | $0 |
Alonzo Weems Vice President Of The Board | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aladdin Food Management Services Food Service | 6/29/22 | $534,216 |
Shiel Sexton Construction | 6/29/22 | $232,374 |
Old National Bank Finance | 6/29/22 | $696,543 |
Coverall Services Cleaning | 6/29/22 | $232,374 |
All-tech Communications It | 6/29/22 | $292,054 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,401,697 |
| All other contributions, gifts, grants, and similar amounts not included above | $882,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,284,613 |
| Total Program Service Revenue | $10,872,042 |
| Investment income | $28,053 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$57,117 |
| Net Income from Fundraising Events | $183,971 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,434,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,103,375 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $484,601 |
| Compensation of current officers, directors, key employees. | $83,481 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,345,604 |
| Pension plan accruals and contributions | $162,934 |
| Other employee benefits | $630,095 |
| Payroll taxes | $347,129 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $61,229 |
| Fees for services: Accounting | $130,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $74,259 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,727 |
| Advertising and promotion | $31,969 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $968,266 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $254,461 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $764,843 |
| Insurance | $128,674 |
| All other expenses | $269,357 |
| Total functional expenses | $14,132,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $613,679 |
| Savings and temporary cash investments | $127,077 |
| Pledges and grants receivable | $1,527,411 |
| Accounts receivable, net | $510,437 |
| 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 | $141,795 |
| Net Land, buildings, and equipment | $30,712,604 |
| Investments—publicly traded securities | $1,668,903 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,301,906 |
| Accounts payable and accrued expenses | $1,474,090 |
| Grants payable | $0 |
| Deferred revenue | $1,239,211 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $13,894,353 |
| Other liabilities | $0 |
| Total liabilities | $16,607,654 |
| Net assets without donor restrictions | $16,855,684 |
| Net assets with donor restrictions | $1,838,568 |
| 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 | $35,301,906 |