Vanguard Collegiate Of Indianapolis
- Assets
- $92.6k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 16
- Location
- Indianapolis, IN
- Founding
- 09/2017
- Data as of
- 06/2022
- EIN
- 81-5323355
Organization Overview
Vanguard Collegiate Of Indianapolis is located in Indianapolis, IN. The organization was established in 2017. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Vanguard Collegiate Of Indianapolis employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vanguard Collegiate Of Indianapolis 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, Vanguard Collegiate Of Indianapolis generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 5.7% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNAPOLOGETICALLY FOCUSED ON THE ACADEMIC SUCCESS OF OUR SCHOLARS, VANGUARD COLLEGIATE OF INDIANAPOLIS EDUCATES 5-8TH GRADE STUDENTS THROUGH HIGH-QUALITY INSTRUCTION, RIGOROUS CURRICULUM, AND CHARACTER DEVELOPMENT TO SUCCEED IN COLLEGE AND BECOME LEADERS IN THOUGHT, WORD AND ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VANGUARD COLLEGIATE OF INDIANAPOLIS EDUCATES 5-8TH GRADE STUDENTS THROUGH HIGH-QUALITY INSTRUCTION, RIGOROUS CURRICULUM, AND CHARACTER DEVELOPMENT TO SUCCEED IN COLLEGE AND BECOME LEADERS IN THOUGHT, WORD AND ACTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asia Bartee Chair | OfficerTrustee | 1 | $0 |
Dani Lafferman Member | Trustee | 1 | $0 |
Kayla Storrs Member | Trustee | 1 | $0 |
Andrew Salmon Treasurer | OfficerTrustee | 1 | $0 |
Kelli Jones Member | Trustee | 1 | $0 |
Latessa Mcclendon Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tilson Hr Human Resources Services | 6/29/20 | $564,796 |
Friendship Westside Educational Services | 6/29/20 | $171,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,460,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,534,305 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| 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 | $1,561,336 |
| 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. | $100,036 |
| Compensation of current officers, directors, key employees. | $46,517 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $552,273 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,122 |
| Payroll taxes | $57,190 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,284 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $201,193 |
| Advertising and promotion | $11,486 |
| Office expenses | $25,666 |
| Information technology | $8,994 |
| Royalties | $0 |
| Occupancy | $82,785 |
| Travel | $73,473 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,648 |
| Insurance | $30,357 |
| All other expenses | $20,331 |
| Total functional expenses | $1,519,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,590 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,563 |
| Accounts receivable, net | $29,287 |
| 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 | $3,791 |
| Net Land, buildings, and equipment | $36,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,629 |
| Accounts payable and accrued expenses | $50,566 |
| 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 | $261,111 |
| Other liabilities | $0 |
| Total liabilities | $311,677 |
| Net assets without donor restrictions | -$244,048 |
| Net assets with donor restrictions | $25,000 |
| 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 | $92,629 |