CENTRAL INDIANA MILITARY ACADEMY INC

EIN: 202693656 501(c)(3) Education

ANDERSON, IN

Total Revenue
$11,091,005
Total Expenses
$10,794,366
Total Assets
$5,820,001
Net Assets
$4,039,079
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IN
Principal Officer
JILL BAKER
Phone
7656498472
Tax Period
2023-07-01 to 2024-06-30

CENTRAL INDIANA MILITARY ACADEMY INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $11.1M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL AUTHORIZED BY BALL STATE UNIVERSITY; A MILITARY-STYLE ACADEMY FOR GIRLS AND BOYS THAT FOCUSES ON A COLLEGE PREPARATORY CURRICULUM OF LIBERAL ARTS AND SCIENCES. THE ORGANIZATION IS TUITION-FREE AND OPEN TO ANY STUDENT IN THE STATE OF INDIANA, REGARDLESS OF RACE, AGE, SEX, NATIONAL ORIGIN OR DISABILITY. THE ACADEMY IS GUIDED BY BOTH THE LETTER AND THE SPIRIT OF TITLE VI OF THE CIVIL RIGHTS ACT, TITLE IX OF THE HIGHER EDUCATION ACT OF 1972, SECTION 504 OF THE REHABILITATION ACT OF 1973, AND THE AMERICANS WITH DISABILITIES ACT OF 1990.

Program Service Accomplishments

Program 1
Expenses: $9,763,337 Revenue: $11,091,005

THE ORGANIZATION HONORS DIVERSITY AND OFFERS EDUCATIONAL OPPORTUNITY FOR EVERYONE, BUILDING UPON THESE BASIC PRINCIPLES: A RIGOROUS COLLEGE PREPARATORY CURRICULUM OF LIBERAL ARTS AND SCIENCES; A...

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THE ORGANIZATION HONORS DIVERSITY AND OFFERS EDUCATIONAL OPPORTUNITY FOR EVERYONE, BUILDING UPON THESE BASIC PRINCIPLES: A RIGOROUS COLLEGE PREPARATORY CURRICULUM OF LIBERAL ARTS AND SCIENCES; A CADET PROGRAM TO HELP STUDENTS BECOME LEADERS AND INDIVIDUALS OF CHARACTER; A COMMITMENT TO COMMUNITY SERVICE AND PATRIOTISM. THE ORGANIZATION IS COMMITTED TO HELP STUDENTS MEET AND EXCEED EVEN THEIR OWN PERSONAL EXPECTATIONS. THE ORGANIZATION REQUIRES THAT EVERY STUDENT SERVE THE COMMUNITY, AND STRONGLY ENCOURAGES PARENTS TO PLAY AN ACTIVE ROLE IN THEIR CHILD'S EDUCATION.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,865,130
Program Service Revenue $130,785
Investment Income $0
Other Revenue $95,090
TOTAL REVENUE $11,091,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,874,841
Fundraising Expenses $0
Program Expenses $9,763,337
Other Expenses $3,919,525
TOTAL EXPENSES $10,794,366

Year-over-Year Comparison

2023 2022 Change
Revenue $11,091,005 $10,992,906 +0.0%
Expenses $10,794,366 $10,590,449 +0.0%
Net Income $296,639 $402,457 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
203
Volunteers
N/A

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
$122,787
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN LYNCH CHAIRMAN 4.00
Officer Director
$0 $0 $0
DAVID ASHBY TREASURER 4.00
Officer Director
$0 $0 $0
ELISA FULTON VICE CHAIRMAN 4.00
Officer Director
$0 $0 $0
ANGIE DAILEY SECRETARY 4.00
Officer Director
$0 $0 $0
RYAN JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
MICHELE JONES DIRECTOR 2.00
Director
$0 $0 $0
GEORGE SALINAS DIRECTOR 2.00
Director
$0 $0 $0
JILL BAKER CEO 40.00
Officer
$122,787 $0 $122,787
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 No data No data No data No data
2024 $11,091,005 $10,794,366 $5,820,001 $296,639
2022 $11,182,351 $10,775,072 $5,279,138 $407,279
2021 $10,417,644 $9,245,242 $4,862,569 $1,172,402
2020 $8,027,496 $8,098,729 $4,724,971 $-71,233
2019 $7,118,784 $7,377,755 $3,635,531 $-258,971
2018 $6,747,316 $6,986,965 $4,214,895 $-239,649
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