INDEPENDENT SCHOOL INC

EIN: 480914282 501(c)(3)

WICHITA, KS

Total Revenue
$9,824,158
Total Expenses
$9,957,042
Total Assets
$14,795,208
Net Assets
$7,511,467
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
KS
Principal Officer
PETER BROWN
Phone
3166860152
Tax Period
2024-07-01 to 2025-06-30

INDEPENDENT SCHOOL INC, founded in 1980, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO PROVIDE A SUPERIOR, INDEPENDENT, COLLEGE PREPATORY EDUCATION, SERVING A DIVERSE STIDENT POPULATION IN A SAFE SUPPORTIVE, COMMUNITY, CONDUCIVE TO THE INTELLECTUAL, EMOTIONAL AND PHYSICAL GROWTH OF EACH INDEPENDENT STUDENT.

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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 $1,984,275
Program Service Revenue $6,824,668
Investment Income $9,064
Other Revenue $1,006,151
TOTAL REVENUE $9,824,158

Expense Breakdown

Grants Paid $852
Salaries & Benefits $7,064,854
Fundraising Expenses $103,509
Program Expenses $7,862,908
Other Expenses $2,891,336
TOTAL EXPENSES $9,957,042

Year-over-Year Comparison

2024 2023 Change
Revenue $9,824,158 $10,545,639 -0.1%
Expenses $9,957,042 $11,525,283 -0.1%
Net Income $-132,884 $-979,644 -0.9%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
240
Volunteers
100

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
3
$203,808
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW TELLER BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JOHN STEERE TRUSTEE 1.00
Director
$0 $0 $0
JIM GARVEY TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE FARBER TRUSTEE 1.00
Director
$0 $0 $0
CAREEM GLADNEY TRUSTEE 1.00
Director
$0 $0 $0
ALEX LEARNED TRUSTEE 1.00
Director
$0 $0 $0
LINDSEY LITZNER TRUSTEE 1.00
Director
$0 $0 $0
CAROLINA BELTRAN TRUSTEE 1.00
Director
$0 $0 $0
ASHLEY ROBBINS TRUSTEE 1.00
Director
$0 $0 $0
MEGAN STROOT TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN FERNANDEZ TRUSTEE 1.00
Director
$0 $0 $0
KRISTIN FARHA TRUSTEE 1.00
Director
$0 $0 $0
LAURA UNREIN TRUSTEE 1.00
Director
$0 $0 $0
LEIGH ANN PERSONDEK TRUSTEE 1.00
Director
$0 $0 $0
PAUL WITTE TRUSTEE 1.00
Director
$0 $0 $0
PAUL DRUZINSKY INTERIM HEAD OF SCHOOL 40.00
Officer
$104,167 $0 $104,167
RONDA GOODE CHIEF BUDGETING OFFICER 40.00
Officer
$88,509 $11,132 $99,641
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 $9,824,158 $9,957,042 $14,795,208 $-132,884
2024 $10,741,050 $11,356,316 $15,315,920 $-615,266
2024 No data No data No data No data
2023 $11,240,213 $10,695,831 $15,487,228 $544,382
2022 $8,274,560 $9,092,675 $14,025,784 $-818,115
2021 $8,318,061 $7,877,735 $14,367,580 $440,326
2020 $7,686,337 $8,079,211 $11,627,985 $-392,874
2019 $7,958,899 $7,979,053 $11,696,475 $-20,154
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