AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS

EIN: 134289579 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$16,715,289
Total Expenses
$16,530,505
Total Assets
$30,660,684
Net Assets
$10,515,933
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IN
Principal Officer
KELLY HERRON
Phone
3175503363
Tax Period
2024-07-01 to 2025-06-30

AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $16.7M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

UNITED SCHOOLS OF INDIANAPOLIS (USI) IS A NETWORK OF TUITION-FREE PUBLIC CHARTER SCHOOLS FOUNDED ON THE CORE KNOWLEDGE CURRICULUM. THE SCHOOLS ARE OPEN TO ALL STUDENTS. THE CORE FOCUS IS TO PROVIDE AN OUTSTANDING EDUCATION FOR OUR CHILDREN EQUIPPING THEM WITH THE KNOWLEDGE, WISDOM, CORE VALUES, AND BEHAVIORS TO BE SUCCESSFUL IN LIFE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,443,733
Program Service Revenue $36,190
Investment Income $237,657
Other Revenue $-2,291
TOTAL REVENUE $16,715,289

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,805,602
Fundraising Expenses $150,699
Program Expenses $11,031,297
Other Expenses $5,724,903
TOTAL EXPENSES $16,530,505

Year-over-Year Comparison

2024 2023 Change
Revenue $16,715,289 $23,578,579 -0.3%
Expenses $16,530,505 $15,938,509 +0.0%
Net Income $184,784 $7,640,070 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$349,777
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABBY MCDONOUGH DIRECTOR 1.00
Director
$0 $0 $0
WILL ZINK DIRECTOR 1.00
Director
$0 $0 $0
JETTA VAUGHN DIRECTOR 1.00
Director
$0 $0 $0
JACOB CROUCH DIRECTOR 1.00
Director
$0 $0 $0
BILL HARRIS BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SARAH LOFTON SECRETARY 1.00
Officer Director
$0 $0 $0
ROSS RIDGE DIRECTOR 1.00
Director
$0 $0 $0
CARLSON ELLIOT DIRECTOR 1.00
Director
$0 $0 $0
MARIELLE RUJEVCAM DIRECTOR 1.00
Director
$0 $0 $0
DARIUS ADAMSON EXECUTIVE DIRECTOR (START MARCH 2025) 40.00
Officer
$0 $0 $0
KELLY HERRON EXECUTIVE DIRECTOR (END MARCH 2025) 40.00
Officer
$188,436 $15,544 $203,980
JANIE SEIVERS DIRECTOR OF BUSINESS AFFAIRS 40.00
Officer
$138,287 $7,510 $145,797
CARVIS HERRON JR DIRECTOR OF OPERATIONS 40.00
Highest
$126,081 $7,431 $133,512
AUNYE HOCKETT PRINCIPAL OF AMA 40.00
Highest
$121,739 $15,084 $136,823
MARK SIMON PRINCIPAL OF AMMS 40.00
Highest
$120,088 $520 $120,608
KRISTEN STRATTON DIRECTOR OF STUDENT SERVICES 40.00
Highest
$120,068 $25,560 $145,628
KANDIS PEARSON DIRECTOR OF ACADEMICS 40.00
Highest
$118,617 $6,338 $124,955
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $16,715,289 $16,530,505 $30,660,684 $184,784
2024 $23,578,579 $15,938,509 $30,978,350 $7,640,070
2023 $15,755,110 $15,672,822 $23,542,400 $82,288
2022 $14,362,990 $13,929,300 $23,354,036 $433,690
2021 $13,496,090 $12,486,945 $23,232,251 $1,009,145
2020 $11,740,705 $11,845,699 $23,334,594 $-104,994
2019 $11,549,156 $11,932,335 $22,643,511 $-383,179
2018 $10,150,764 $11,383,217 $23,769,885 $-1,232,453
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