Tindley Accelerated Schools Inc is located in Indianapolis, IN. The organization was established in 2002. 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, Tindley Accelerated Schools Inc employed 162 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tindley Accelerated Schools 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 06/2021, Tindley Accelerated Schools Inc generated $14.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $13.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. 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
TINDLEY ACCELERATED SCHOOLS, IN COOPERATION WITH ITS PARENTS AND THE BROADER COMMUNITY, WILL EMPOWER ITS STUDENTS - REGARDLESS OF THEIR PAST ACADEMIC PERFORMANCE - TO BECOME SUCCESSFUL LEARNERS WHO GRADUATE WITH THE CAPACITY FOR RIGOROUS COLLEGE OPPORTUNITIES. TINDLEY ACCELERATED SCHOOLS WILL PROVIDE A POWERFUL LEARNING EXPERIENCE THAT INTELLECTUALLY ENGAGES, INSPIRES, AND SPURS ACADEMIC ACHIEVEMENT THROUGH A CHALLENGING AND INTERACTIVE COLLEGE-PREPARATORY CURRICULUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TINDLEY ACCELERATED SCHOOLS, INC. ("ORGANIZATION") BEGAN OPERATIONS IN 2002 AS THE CHARTER FOR ACCELERATED LEARNING, INC. TO PROVIDE EDUCATIONAL SERVICES INCLUDING CHARTER SCHOOL MANAGEMENT, TURNAROUND SCHOOL SERVICES, AND EDUCATION CONSULTING. IN 2004, THE ORGANIZATION LAUNCHED THE CHARLES A. TINDLEY ACCELERATED SCHOOL AS AN OPEN-ENROLLMENT CHARTER SCHOOL SERVING GRADES 6-12. FROM THE BEGINNING, THE ORGANIZATION'S VISION HAS BEEN TO ENSURE 100 PERCENT OF ITS STUDENTS GAIN ACCEPTANCE TO A FULLY-ACCREDITED FOUR-YEAR COLLEGE OR UNIVERSITY. WITH THIS IN MIND, EVERY STUDENT IS REQUIRED TO COMPLETE A RIGOROUS HIGH SCHOOL PROGRAM CULMINATING IN AUTHENTIC COLLEGE COURSES. IN AUGUST 2012, THE ORGANIZATION OPENED THE TINDLEY PREPARATORY ACADEMY SERVING AS AN ALL-MALE MIDDLE SCHOOL DESIGNED TO SPARK HIGHER LEVELS OF ACADEMIC ACHIEVEMENT IN MALES. IN AUGUST 2013, THE ORGANIZATION OPENED THE TINDLEY RENAISSANCE ACADEMY, AN OPEN ENROLLMENT CHARTER ELEMENTARY SCHOOL, AND TINDLEY COLLEGIATE ACADEMY, SERVING AS AN ALL-FEMALE MIDDLE SCHOOL DESIGNED TO HELP YOUNG GIRLS BECOME SUCCESSFUL SCHOLARS REGARDLESS OF THEIR PAST ACADEMIC PERFORMANCE. IN AUGUST 2014, THE ORGANIZATION OPENED TINDLEY SUMMIT ACADEMY SERVING AS AN OPEN ENROLLMENT CHARTER ELEMENTARY SCHOOL DESIGNED FOR CHILDREN IN KINDERGARTEN THROUGH FIFTH GRADE. IN AUGUST 2015, THE ORGANIZATION OPENED TINDLEY GENESIS ACADEMY SERVING AS AN OPEN ENROLLMENT CHARTER ELEMENTARY SCHOOL DESIGNED FOR CHILDREN IN KINDERGARTEN THROUGH FIFTH GRADE. IN FISCAL YEAR 2016, THE BOYS VARSITY BASKETBALL TEAM MADE HISTORY IN WINNING THEIR FIRST STATE CHAMPIONSHIP. IN ADDITION TO GOVERNOR HOLCOMB AND MAYOR HOGSETT OFFERING PERSONAL CONGRATULATIONS, THE TEAM RECEIVED A HOUSE CONCURRENT RESOLUTION, INTRODUCED BY REPRESENTATIVE GARY W. PORTER. THEY WERE CELEBRATED WITH CRISPUS ATTUCKS AND BEN DAVIS ON THE STEPS OF THE CITY MONUMENT WITH A CITYWIDE PEP RALLY. IN THE AREA OF MATH AND SCIENCE, CHARLES A. TINDLEY HIGH SCHOOL'S ROBOTICS TEAM WON THE ST. JOSEPH'S DISTRICT HIGHEST ROOKIE SEED AND ROOKIE ALL STAR HONORS IN THE 2017 FIRST ROBOTICS COMPETITION. TINDLEY CONSOLIDATED ITS TWO SINGLE GENDER MIDDLE SCHOOLS IN AUGUST 2018. THE SOLE MIDDLE SCHOOL REMAINED UNDER THE NAME TINDLEY COLLEGIATE ACADEMY. FURTHER CONSOLIDATION TOOK PLACE IN 2019 WHEN TINDLEY COLLEGIATE WAS CONSOLIDATED INTO CHARLES A. TINDLEY ACCELERATED AND TINDLEY RENAISSANCE WAS CONSOLIDATED INTO TINDLEY GENESIS. CHARLES A. TINDLEY ACCELERATED MOVED TO SEVENTH THROUGH TWELFTH WHILE TINDLEY SUMMIT AND TINDLEY GENESIS REMAIN OPEN AS KINDERGARTEN THROUGH SIXTH GRADE SCHOOLS. ENROLLMENT FOR THE 2020-2021 SCHOOL YEAR FOR EACH SCHOOL WAS AS FOLLOWS: CHARLES A. TINDLEY ACCELERATED: 384 TINDLEY SUMMIT ACADEMY: 268 TINDLEY GENESIS ACADEMY: 444 CHARLES A. TINDLEY ACCELERATED SCHOOL'S 2020 SENIOR CLASS WAS OFFERED IN EXCESS OF OVER $10 MILLION DOLLARS IN COLLEGE SCHOLARSHIP FUNDS. 100% OF THE 2020 GRADUATING CLASS RECEIVED ACCEPTANCE INTO AT LEAST ONE FULLY ACCREDITED FOUR-YEAR UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
City Wide Maintenance Of Indianapolis Facility Cleaning/janitorial | 6/29/21 | $229,413 |
Rcr Technology Corp It Support/technology | 6/29/21 | $204,027 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $293,194 |
Related organizations | $0 |
Government grants | $13,984,619 |
All other contributions, gifts, grants, and similar amounts not included above | $175,364 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,453,177 |
Total Program Service Revenue | $262,518 |
Investment income | $1,939 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$59,175 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,658,459 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $435,793 |
Compensation of current officers, directors, key employees. | $435,793 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,926,375 |
Pension plan accruals and contributions | $79,049 |
Other employee benefits | $509,407 |
Payroll taxes | $428,176 |
Fees for services: Management | $0 |
Fees for services: Legal | $13,526 |
Fees for services: Accounting | $121,480 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $758,921 |
Advertising and promotion | $32,358 |
Office expenses | $31,648 |
Information technology | $189,524 |
Royalties | $0 |
Occupancy | $1,314,929 |
Travel | $78,360 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $736,780 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $672,452 |
Insurance | $111,309 |
All other expenses | $96,191 |
Total functional expenses | $13,043,196 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,193,465 |
Pledges and grants receivable | $722,224 |
Accounts receivable, net | $0 |
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 | $13,416 |
Net Land, buildings, and equipment | $13,464,464 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,393,569 |
Accounts payable and accrued expenses | $332,693 |
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 | $0 |
Unsecured mortgages and notes payable | $6,393,742 |
Other liabilities | $12,878,445 |
Total liabilities | $19,604,880 |
Net assets without donor restrictions | -$2,264,511 |
Net assets with donor restrictions | $53,200 |
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 | $17,393,569 |
Over the last fiscal year, we have identified 4 grants that Tindley Accelerated Schools Inc has recieved totaling $566,219.
Awarding Organization | Amount |
---|---|
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Program and/or Operating Support | $511,219 |
Junior League Of Indianapolis Inc Indianapolis, IN PURPOSE: COMMUNITY SUPPORT | $30,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $20,000 |
Bowen Engineering Corporation Endowment Indianapolis, IN PURPOSE: EDUCATIONAL SUPPORT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Chicago Schools Chicago, IL | $13,709,561 | $40,280,655 |
Phalen Leadership Academy-Indiana Inc Indianapolis, IN | $19,837,313 | $31,079,119 |
Carmen High School Of Science And Technology Inc Milwaukee, WI | $26,487,634 | $24,006,774 |
Kipp Indianapolis Inc Indianapolis, IN | $19,111,079 | $22,227,841 |
Frontier Schools Inc Kansas City, MO | $35,530,269 | $28,374,845 |
Intrinsic Schools Chicago, IL | $39,836,849 | $21,177,530 |
Guadalupe Educational Systems Inc Kansas City, MO | $13,472,707 | $27,548,134 |
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 |