Matchbook Learning Schools Of Indiana
- Assets
- $3.0m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 114
- Location
- Indianapolis, IN
- Founding
- 04/2018
- Data as of
- 06/2021
- EIN
- 82-3016780
Organization Overview
Matchbook Learning Schools Of Indiana is located in Indianapolis, IN. The organization was established in 2018. 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, Matchbook Learning Schools Of Indiana employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matchbook Learning Schools Of Indiana 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, Matchbook Learning Schools Of Indiana generated $8.2m in total revenue. All expenses for the organization totaled $6.9m during the year ending 06/2021. While expenses have increased by 106.4% per year over the past 4 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
PERSONALIZING EDUCATION TO MEET INDIVIDUAL NEEDS SO THAT ALL OF OUR STUDENTS CAN ACHIEVE AT HIGH LEVELS AND BECOME COMPETENT GLOBAL CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MATCHBOOK LEARNING SCHOOLS OF INDIANA IS CURRENTLY RANKED IN THE TOP 10 FOR TRANSFERS FROM PUBLIC SCHOOL DISTRICTS BASED ON INDIANA DEPARTMENT EDUCATION DATA IN 2021-22.
ON THE I-LEARN ASSESSMENT IN 2021, MATCHBOOK LEARNING SCHOOLS OF INDIANA INCREASED PROFICIENCY IN ENGLISH/LANGUAGE ARTS DURING THE COVID-19 PANDEMIC.
MATCHBOOK SCHOOLS OF INDIANA WAS GRANTED A CHARTER FROM EDUCATION ONE AT TRINE UNIVERSITY TO EXPAND THE K-8 ACADEMIC MODEL INTO A 9-12 GRADE SCHOOL STARTING IN FALL 2023.
MATCHBOOK LEARNING SCHOOLS OF INDIANA IS CURRENTLY RANKED IN THE TOP 10 FOR TRANSFERS FROM PUBLIC SCHOOL DISTRICTS BASED ON INDIANA DEPARTMENT EDUCATION DATA IN 2021-22.
ON THE I-LEARN ASSESSMENT IN 2021, MATCHBOOK LEARNING SCHOOLS OF INDIANA INCREASED PROFICIENCY IN ENGLISH/LANGUAGE ARTS DURING THE COVID-19 PANDEMIC.
MATCHBOOK SCHOOLS OF INDIANA WAS GRANTED A CHARTER FROM EDUCATION ONE AT TRINE UNIVERSITY TO EXPAND THE K-8 ACADEMIC MODEL INTO A 9-12 GRADE SCHOOL STARTING IN FALL 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Swann Chief Executive Officer | Officer | 50 | $147,269 |
Don Stewart Director Of Operations | Officer | 50 | $90,823 |
Sajan George Board Chair | OfficerTrustee | 1 | $0 |
Jennifer Poon Director | Trustee | 1 | $0 |
Ali King Director | Trustee | 1 | $0 |
Maureen Donohue Krauss Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,139,676 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,962 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,232,638 |
| Total Program Service Revenue | $9,775 |
| Investment income | $1,034 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,531 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,247,292 |
| 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. | $288,500 |
| Compensation of current officers, directors, key employees. | $83,276 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,949,979 |
| Pension plan accruals and contributions | $59,629 |
| Other employee benefits | $488,919 |
| Payroll taxes | $303,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,946 |
| Fees for services: Accounting | $63,770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $432,204 |
| Advertising and promotion | $3,713 |
| Office expenses | $149,187 |
| Information technology | $189,953 |
| Royalties | $0 |
| Occupancy | $25,006 |
| Travel | $83,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,938 |
| Insurance | $64,519 |
| All other expenses | $49,518 |
| Total functional expenses | $6,930,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,331,322 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $650,796 |
| 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 | $2,438 |
| Net Land, buildings, and equipment | $46,606 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,031,162 |
| Accounts payable and accrued expenses | $676,706 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $676,706 |
| Net assets without donor restrictions | $2,354,456 |
| 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 | $3,031,162 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Matchbook Learning Schools Of Indiana has recieved totaling $110,927.
| Awarding Organization | Amount |
|---|---|
Richard M Fairbanks Foundation Inc Indianapolis, IN PURPOSE: PREVENTION MATTERS SUBSTANCE USE PREVENTION INITIATIVE FOR MARION COUNTY SCHOOLS-ROUND 1 | $60,436 |
Teachers Treasures Inc Indianapolis, IN PURPOSE: ASSISTANCE TO SCHOOL | $25,491 |
The Mind Trust Inc Indianapolis, IN PURPOSE: SEE ATTACHED | $25,000 |
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 |