2024-03-18T15:00:22-05:00 2023-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2022-07-01 832922025 SANKOFA SCHOOL OF SUCCESS INC SANK 3172264299 5801 E 30TH ST INDIANAPOLIS IN 46218 TIHESHA HENDERSON EXECUTIVE DIRECTOR 3179984637 2024-02-05 1 TIHESHA HENDERSON 999009999 0 JEFFREY M DONOVAN CPA CVA MAFF P00115798 3177456411 2024-02-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TIHESHA HENDERSON 5801 E 30TH ST INDIANAPOLIS IN 46218 3233837 0 X WWW.SANKOFASCHOOL.ORG X 2018 IN WE ARE CREATING AN ENVIRONMENT THAT IS SAFE, NURTURING AND SEEKS TO MEET THE STUDENTS' ACADEMIC, SOCIAL AND EMOTIONAL NEEDS THROUGH MASTERY LEARNING, MINDFULNESS AND A RIGOROUS EDUCATION. 5 5 49 2 0 0 2870495 3214024 0 0 259 1710 21763 18103 2892517 3233837 0 0 0 0 2072849 2348008 0 0 0 276765 291139 2349614 2639147 542903 594690 1328544 1899252 81067 57085 1247477 1842167 WE ARE CREATING AN ENVIRONMENT THAT IS SAFE, NURTURING AND SEEKS TO MEET THE STUDENTS' ACADEMIC, SOCIAL AND EMOTIONAL NEEDS THROUGH MASTERY LEARNING, MINDFULNESS AND A RIGOROUS EDUCATION. 0 0 1919419 18103 ATTENDANCE INCREASED 4.04% / CHRONIC ABSENTEEISM DECREASED 10.09% / SUSPENSIONS DECREASED BY 40%. KEPT OUR TOTAL STAFF COST PERCENTAGE BETWEEN 88-92% OF OVERALL BUDGET. MAINTAINED SEVEN FIGURES OF LIQUIDITY WITH OVER 250 DAY BURN RATE. 1919419 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 49 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 1 0 IN X TIHESHA HENDERSON 3179984637 5801 E 30TH ST INDIANAPOLIS IN 46218 CHRISTENA WILKERSON BOARD CHAIR 2.00 X X 0 0 0 ERIKA BULLOCK FINANCE CHAIR 1.00 X X 0 0 0 LATOYA WILLIAMS FUNDRAISING CHAIR 1.00 X 0 0 0 KEELY HUGHES MEMBER 1.00 X 0 0 0 KAREN ANILLO MEMBER 1.00 X 0 0 0 TIHESHA HENDERSON EXECUTIVE DIRECTOR 40.00 X 143000 0 7934 PETER MEYER DIRECTOR OF OPRATIONS 40.00 X 99250 0 10732 242250 0 18666 1 0 1 0 0 125944 2962024 126056 3214024 1710 1710 MISCELLANEOUS 900099 18103 18103 18103 3233837 18103 0 1710 321371 244802 76569 1521381 1158904 362477 215502 164157 51345 100407 76484 23923 189347 144234 45113 59000 59000 40691 40691 79008 79008 42931 28273 14658 7600 7600 1518 1518 20749 20749 STAFF DEVELOPMENT 38382 38382 FOOD COSTS 1225 1225 BANK CHARGES & FEES 35 35 2639147 1919419 719728 0 1180420 1674195 142177 202307 25913 3163 5947 22750 1328544 1899252 81067 57085 81067 57085 X 1247477 1842167 1247477 1842167 1328544 1899252 594690 0 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25913 3163 22750 22750 X 5749390 2515553 2515553 3233837 0 3233837 5154700 2515553 2515553 2639147 0 2639147 PART X, LINE 2: PROFESSIONAL ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE A TAX LIABILITY ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX LIABILITY THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE SCHOOL HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUESTIONABLE TAX POSITIONS. TAX YEARS ENDED AFTER JUNE 30, 2019 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMATORY POLICY IS PUBLISHED ON ALL BROCHURES, HANDOUTS, IN THE STUDENT HANDBOOK AND ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES STATE AND FEDERAL FUNDS AS A PASS-THROUGH RECIPIENT FROM A PUBLIC SCHOOL CORPORATION WHOSE FUNDING IS ADMINISTERED BY THE INDIANA DEPARTMENT OF EDUCATION. X X 0 0 0 0 0 0 0 0 0 TIHESHA HENDERSON EXECUTIVE DIRECTOR 143000 0 0 0 0 0 7934 0 0 0 150934 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR COMPENSATION MODEL IS BASED OFF OF A TYPICAL PRINCIPAL ANNUAL SALARY SET BY THE INDIANAPOLIS PUBLIC SCHOOL DISTRICT. ALONG WITH THAT, OUR ACCOUNTING / FINANCIAL PARTNER, CIES MONITORS OUR COMPENSATION MODEL TO ENSURE THAT IT APPROPRIATELY REMAINS WITHIN OUR ANNUAL GOALS FOR LIQUIDITY. STAFF COMPENSATION IS DETERMINED BY COMPARING SIMILAR SALARIES SET BY INDIANAPOLIS PUBLIC SCHOOLS. FORM 990, PART I, LINE 1 WE ARE CREATING AN ENVIRONMENT THAT IS SAFE, NURTURING AND SEEKS TO MEET THE STUDENTS' ACADEMIC, SOCIAL AND EMOTIONAL NEEDS THROUGH MASTERY LEARNING, MINDFULNESS AND A RIGOROUS EDUCATION. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO ACTING COMMITTEES. BOARD MEETINGS WERE THE PRIMARY ACTIVITY OF ACTION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IF THERE IS EVER A SUSPICION OF CONFLICT OF INTEREST, IT IS BROUGHT TO OUR BOARD CHAIR AND DISCUSSED DURING OUR EXECUTIVE SESSION HELD AFTER EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR COMPENSATION MODEL IS BASED OFF OF A TYPICAL PRINCIPAL ANNUAL SALARY SET BY THE INDIANAPOLIS PUBLIC SCHOOL DISTRICT. ALONG WITH THAT, OUR ACCOUNTING / FINANCIAL PARTNER, CIES MONITORS OUR COMPENSATION MODEL TO ENSURE THAT IT APPROPRIATELY REMAINS WITHIN OUR ANNUAL GOALS FOR LIQUIDITY. STAFF COMPENSATION IS DETERMINED BY COMPARING SIMILAR SALARIES SET BY INDIANAPOLIS PUBLIC SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.