2025-04-22T07:05:17-05:00 2024-06-30 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2023-07-01 262228525 THE BLOOMINGTON PROJECT SCHOOL INC BLOO 8125580041 349 SOUTH WALNUT STREET BLOOMINGTON IN 47401 LISA JONES SCHOOL BUSINESS MANAGER 8125580041 2025-04-18 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-04-18 2023 2025-03-06 01:10:19Z LISA JONES 349 SOUTH WALNUT STREET BLOOMINGTON IN 47401 3872728 0 X THEPROJECTSCHOOL.ORG X 2009 IN THE MISSION OF THE PROJECT SCHOOL IS TO UNCOVER, RECOVER, AND DISCOVER THE UNIQUE GIFTS AND TALENTS THAT EACH CHILD BRINGS TO SCHOOL EVERY DAY. OUR SCHOOL WORKS COLLABORATIVELY WITH FAMILIES, COMMUNITY MEMBERS, AND SOCIAL SERVICE AGENCIES TO SOLVE REAL PROBLEMS, AS WELL AS CREATE ART FOR PUBLIC SPACES. STUDENTS GRADUATE FROM THE PROJECT SCHOOL AS STEWARDS OF THE ENVIRONMENT WITH THE WILL, SKILL, CAPACITY, AND KNOWLEDGE TO CONTRIBUTE TO THE GREATER GOOD. 8 8 77 100 0 0 3410790 3722907 103618 53642 0 0 96994 88179 3611402 3864728 0 0 0 0 2410548 2768802 0 0 0 1095986 1016861 3506534 3785663 104868 79065 2836354 2721511 1778498 1584590 1057856 1136921 X THE MISSION OF THE PROJECT SCHOOL IS TO UNCOVER, RECOVER, AND DISCOVER THE UNIQUE GIFTS AND TALENTS THAT EACH CHILD BRINGS TO SCHOOL EVERY DAY. OUR SCHOOL WORKS COLLABORATIVELY WITH FAMILIES, COMMUNITY MEMBERS, AND SOCIAL SERVICE AGENCIES TO SOLVE REAL PROBLEMS, AS WELL AS CREATE ART FOR PUBLIC SPACES. STUDENTS GRADUATE FROM THE PROJECT SCHOOL AS STEWARDS OF THE ENVIRONMENT WITH THE WILL, SKILL, CAPACITY, AND KNOWLEDGE TO CONTRIBUTE TO THE GREATER GOOD. 0 0 2649380 143971 THE BLOOMINGTON PROJECT SCHOOL IS A PUBLIC CHARTER SCHOOL WITH A VISION TO ELIMINATE THE PREDICTIVE VALUE OF RACE, CLASS, GENDER AND SPECIAL ABILITIES ON STUDENT SUCCESS IN THE SCHOOL AND IN OUR COMMUNITIES BY WORKING TOGETHER WITH FAMILIES AND COMMUNITY TO ENSURE EACH CHILD'S SUCCESS. THE BLOOMINGTON PROJECT SCHOOL BELIEVES IN EDUCATING THE WHOLE CHILD - HEART, MIND, AND VOICE. THE MISSION IS TO UNCOVER, RECOVER AND DISCOVER THE UNIQUE GIFTS AND TALENTS THAT EACH CHILD BRINGS TO SCHOOL EVERYDAY. THE SCHOOL WORKS COLLABORATIVELY WITH FAMILIES, COMMUNITY MEMBERS AND SOCIAL SERVICE AGENCIES TO SOLVE REAL PROBLEMS, AS WELL AS CREATE ART FOR PUBLIC SPACES. STUDENTS GRADUATE FROM THE PROJECT SCHOOL AS STEWARDS OF THE ENVIRONMENT WITH THE WILL, SKILL, CAPACITY AND KNOWLEDGE TO CONTRIBUTE TO THE GREATER GOOD. THE BLOOMINGTON PROJECT SCHOOL PROVIDES EDUCATION TO STUDENTS IN GRADES K-8. IN THE 2023-2024 SCHOOL YEAR, OVER 320 STUDENTS WERE SERVED. 2649380 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 77 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 IN X LISA JONES 8125580041 349 SOUTH WALNUT STREET BLOOMINGTON IN 47401 CATHERINE DIERSING SCHOOL LEADER 40.00 X 118834 0 17952 ELIZABETH LISA JONES BUSINESS MANAGER 32.00 X 55540 0 3835 MICHAEL HORVATH BOARD PRESIDENT 1.50 X X 0 0 0 MITZI LEWISON BOARD TREASURER 1.00 X X 0 0 0 VICTORIA ROGERS BOARD SECRETARY 1.00 X X 0 0 0 DANIEL GRUNDMANN MEMBER 1.00 X 0 0 0 ADAM WASON MEMBER 1.00 X 0 0 0 CHARLOTTE ZIETLOW MEMBER 1.00 X 0 0 0 174374 0 21787 1 0 0 0 0 54295 3632553 36059 3722907 STUDENT FEES 611710 53642 53642 53642 5850 54295 8000 -2150 -2150 OTHER INCOME 900099 90329 90329 90329 3864728 143971 0 -2150 197387 167345 30042 2115010 1792144 322866 123983 105724 18259 156800 133708 23092 175622 149758 25864 44330 44330 232779 155513 77266 69554 49252 20302 148535 148535 88688 88688 253990 253990 32421 32421 FOOD COSTS 89930 5155 84775 MISCELLANEOUS 37576 27638 9938 STAFF DEVELOPMENT 19058 18813 245 3785663 2649380 1136283 0 775607 896895 91017 69269 20174 43787 3190202 1739450 1554853 1450752 394703 260808 2836354 2721511 138347 257526 962870 872177 191947 122309 485334 332578 1778498 1584590 X 1057856 1136921 1057856 1136921 2836354 2721511 79065 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2675305 1224553 1450752 504602 504602 0 10295 10295 0 1450752 RIGHT-OF-USE ASSETS - OPERATING 248308 SECURITY DEPOSITS 12500 260808 RIGHT-OF-USE LIABILITY - OPERATING 328248 RIGHT-OF-USE LIABILITY - FINANCING 4330 332578 X 3872728 8000 8000 3864728 0 3864728 3793663 8000 8000 3785663 0 3785663 PART X, LINE 2: THE BLOOMINGTON PROJECT SCHOOL, INC. HAS RECEIVED A DETERMINATION FROM THE U.S. DEPARTMENT OF TREASURY STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION; HOWEVER, THE SCHOOL WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 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 POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX LIABILITY IS RECORDED. THE SCHOOL HAS EXAMINED THIS ISSUE AN HAS DETERMINED THAT THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES OR QUASTIONABLE TAX POSITIONS. TAX YEARS ENDING AFTER 2019 ARE OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 8,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 8,000. PART XIII CODE 2: THE SCHOOL EVALUATED SUBSEQUENT EVENTS THROUGH OCTOBER 18,2024, THE DATE THESE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED. EVENTS OCCURRING THROUGH THAT DATE HAVE BEEN EVALUATED TO DETEMINE WHETHER A CHANGE IN THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES WOULD BE REQUIRED. 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 NONDISCRIMINATION POLICY IS PUBLISHED IN REGISTRATION MATERIALS, ON THE WEBSITE, AND REGULARLY IN NEWSLETTERS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES TUITION FUNDING FROM THE STATE OF INDIANA AS WELL AS FUNDING UNDER FEDERAL GRANT PROGRAMS ADMINISTERED BY THE INDIANA DEPARTMENT OF EDUCATION. PROJECT CELEBRATION, SPRING 2024 41405 35555 5850 1000 4330 280 2390 #GIVINGTUESDAY FUNDRAISER, WINTER 2 18740 18740 60145 54295 5850 1000 4330 280 2390 8000 -2150 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF THE FORM 990 IS SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANY MATTERS INVOLVING A POTENTIAL CONFLICT AT THE TIME THAT THE MATTER ARISES. WHENEVER CONFLICTS ARISE DURING BOARD DELIBERATIONS, SUCH INDIVIDUALS ARE RECUSED FROM VOTING ON THE MATTER AT HAND. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. SALARIES ARE DETERMINED TO BE COMPARABLE WITH LOCAL EDUCATIONAL AGENCIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.