Tindley Accelerated Schools Inc

EIN: 352151971 501(c)(3) Education

Indianapolis, IN

Total Revenue
$15,587,910
Total Expenses
$14,789,112
Total Assets
$16,902,738
Net Assets
$-882,559
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Phone
3175451745
Tax Period
2024-07-01 to 2025-06-30

Tindley Accelerated Schools Inc, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $15.6M in total revenue in fiscal year 2024. Expenses of $14.8M left a modest 5% surplus.

Mission

Tindley Accelerated Schools offers a rigorous, college-preparatory program that seeks to challenge each one of its students to pursue education beyond high school. It is the early college program that allows Tindley students the opportunity to earn college credit while still enrolled in high school.

Program Service Accomplishments

Program 1
Expenses: $10,726,844 Revenue: $184,937

Tindley Accelerated Schools, Inc. (ganization") began operations in 2002 as the Charter for Accelerated Learning, Inc. to provide educational services including charter school management, turnaround...

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Tindley Accelerated Schools, Inc. (ganization") 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 and currently serves grades 7-12. 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. Regardless of past academic performance, Tindley accepts every scholar who applies and encourages each to reach their full potential. In August 2014, the organization opened Tindley Summit Elementary School serving as an open-enrollment charter elementary school which currently educates children in kindergarten through sixth grade. In August 2015, the organization opened Tindley Genesis Elementary School serving as an open-enrollment charter elementary school which currently educates children in kindergarten through third grade. Students at Genesis engage in concentrated music instruction throughout the school day which includes classes in instrumental music, singing, piano, and general music. In the area of math and science, Charles A. Tindley Accelerated 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. In 2023, they competed in the FIRST World Championship in Houston after winning the 2023 District Event Championship and being recognized with the Judge's Engineering Inspiration Award. This competition featured teams from 30+ nations. Tindley continues to promote and grow its extracurricular programs in conjunction with its rigorous academies, including, but not limited to, athletics, band, theater, community garden, and an innovation lab. Enrollment for the 2024-2025 school year for each school was as follows: Charles A. Tindley Accelerated: 296 Tindley Summit Academy: 317 Tindley Genesis Academy: 358. The 2024-2025 school year marked a 20-year milestone. Over the last 20 years, more than 500 Tindley scholars have earned college credits from Anderson University and the University of Evansville. This year, Purdue University has been added as a partner. These scholars have earned 10,000 college credits while at Tindley. The total amount of money saved by these scholars is $8,751,850.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,037,960
Program Service Revenue $184,937
Investment Income $124,467
Other Revenue $240,546
TOTAL REVENUE $15,587,910

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,310,913
Fundraising Expenses $0
Program Expenses $10,726,844
Other Expenses $6,478,199
TOTAL EXPENSES $14,789,112

Year-over-Year Comparison

2024 2023 Change
Revenue $15,587,910 $16,006,022 0.0%
Expenses $14,789,112 $15,969,911 -0.1%
Net Income $798,798 $36,111 +21.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
199
Volunteers
58

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
$413,862
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Domini Martin-Urban Board Secretary 2.0
Officer Director
$0 $0 $0
Hillary Butrick Board Chair 4.0
Officer Director
$0 $0 $0
Steve Sterret Board Treasurer 4.0
Officer Director
$0 $0 $0
Amar Patel Board Member 2.0
Director
$0 $0 $0
CJ McClanahan Board Member 2.0
Director
$0 $0 $0
Darrell Burks Board Member 2.0
Director
$0 $0 $0
J Benjamin Ledo Board Member 2.0
Director
$0 $0 $0
Jason Kashman Board Member 2.0
Director
$0 $0 $0
Kathy Henke Board Member (until April 2025) 2.0
Director
$0 $0 $0
Luke Messer Board Member 2.0
Director
$0 $0 $0
Meredith Walker Board Member (until April 2025) 2.0
Director
$0 $0 $0
Steven Jones Board Member 2.0
Director
$0 $0 $0
Tag Birge Board Member 2.0
Director
$0 $0 $0
William Zink Board Member 2.0
Director
$0 $0 $0
Jonathan Q Harris Network President 40.0
Officer
$209,792 $16,255 $226,047
Sandra Tresselt CFO 40.0
Officer
$164,103 $23,712 $187,815
Alan Smith Principal 40.0
Highest
$117,631 $23,072 $140,703
Allison Ennis Principal 40.0
Highest
$100,238 $17,167 $117,405
Ashley Ushi Principal 40.0
Highest
$101,566 $19,290 $120,856
Cody Stanley Executive Director of Data & Technology 40.0
Highest
$109,358 $27,474 $136,832
Eric Gaspard Director of Special Education 40.0
Highest
$112,335 $13,939 $126,274
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 $15,587,910 $14,789,112 $16,902,738 $798,798
2024 No data No data No data No data
2023 $16,470,564 $16,168,360 $17,257,033 $302,204
2022 $15,817,379 $15,626,885 $17,157,536 $190,494
2021 $14,658,459 $13,043,196 $17,393,569 $1,615,263
2020 $11,272,351 $12,175,208 $17,497,697 $-902,857
2019 $14,394,508 $15,211,246 $8,626,464 $-816,738
2018 $17,466,026 $19,110,410 $10,262,214 $-1,644,384
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