2025-02-19T11:39:44-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2023-07-01 800780625 SMITH ACADEMY FOR EXCELLENCE SMIT 5172033716 1819 RESERVATION DR FORT WAYNE IN 46819 MELINDA BENKOVSKY CHIEF FINANCIAL OFFICER 5172033716 2025-02-04 1 1 ANDREW SMITH CPA P01518894 3096714500 2025-02-04 2023 2025-03-06 01:10:19Z X MELINDA BENKOVSKY 2125 UNIVERSITY PARK DRIVE OKEMOS MI 48864 3276957 0 X WWW.FWSAFE.COM X 2012 IN THE MISSION OF THE ACADEMY IS BASED ON A HOLISTIC APPROACH TO EDUCATION. ACADEMIC RIGOR IS CRITICAL AND IS BOLSTERED BY CHARACTER EDUCATION AND SERVICE LEARNING AS WELL AS COLLEGE PREPARATION. THE ACADEMY COLLABORATES WITH FAMILIES, COMMUNITY PARTNERS AND INSTITUTIONS OF HIGHER EDUCATION AS WE FULFILL OUR MISSION. 5 4 0 0 0 0 1599684 3272487 4249 3018 0 0 0 1452 1603933 3276957 0 0 0 0 0 0 0 0 0 1176007 1491421 1176007 1491421 427926 1785536 1249293 3112756 79073 157000 1170220 2955756 X THE MISSION OF THE ACADEMY IS BASED ON A HOLISTIC APPROACH TO EDUCATION. ACADEMIC RIGOR IS CRITICAL AND IS BOLSTERED BY CHARACTER EDUCATION AND SERVICE LEARNING AS WELL AS COLLEGE PREPARATION. THE ACADEMY COLLABORATES WITH FAMILIES, COMMUNITY PARTNERS AND INSTITUTIONS OF HIGHER EDUCATION AS WE FULFILL OUR MISSION. 0 0 518602 4470 EDUCATIONAL EQUITY FOR AT-RISK STUDENTS IN FORT WAYNE, INDIANA AND VICINITY. 518602 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IN X MELINDA BENKOVSKY 5172033716 2125 UNIVERSITY PARK DRIVE OKEMOS MI 48864 X YUL CRAIG MARTIN PRESIDENT 0.25 X X 0 0 0 DR ROGER W RINGENBERG VICE-PRESIDENT 0.25 X X 0 0 0 REMOUND W WRIGHT II SECRETARY/TREASURER 0.25 X X 0 0 0 JOHN DORTCH TRUSTEE 0.25 X 0 0 0 CAMERON SMITH TRUSTEE 0.25 X 0 0 0 MELINDA BENKOVSKY CHIEF FINANCIAL OFFICER 2.50 X 0 0 0 COREY SMITH SCHOOL LEADER 47.50 X 0 0 0 0 0 0 0 0 0 0 THE LEONA GROUP 2125 UNIVERSITY PARK DRIVE OKEMOS MI 48864 MANAGEMENT & STAFFING SERVICES 817480 1 1254316 2018171 3272487 STUDENT FEES 611710 3018 3018 3018 MISCELLANEOUS 611710 1452 1452 1452 3276957 4470 0 0 X 60876 60876 774652 464156 310496 36508 24949 11559 92307 92307 20212 20212 28055 28055 BAD DEBT EXPENSE 358753 358753 ACADEMIC SERVICES 60876 60876 FOOD COSTS 29412 29412 AUTHORIZER OVERSIGHT FE 17764 17764 12006 85 11921 1491421 518602 972819 0 250719 294318 47561 94144 407893 6441 7409 2954608 237723 536679 2716885 1249293 3112756 57669 63977 21404 93023 79073 157000 X 482424 2398019 687796 557737 1170220 2955756 1249293 3112756 1785536 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 157539 157539 2111879 13268 2098611 3800 3800 0 222948 220655 2293 458442 458442 2716885 X 3276957 0 3276957 0 3276957 1491421 0 1491421 0 1491421 PART X, LINE 2: THE ACADEMY HAS RECEIVED A DETERMINATION FROM THE U.S. TREASURY DEPARTMENT STATING THAT IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX-EXEMPT ORGANIZATION; HOWEVER, THE ACADEMY WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS TAX-EXEMPT PURPOSE. FOR THE YEAR ENDED JUNE 30, 2024, NO ACCOUNTING FOR FEDERAL AND STATE INCOME TAXES WAS REQUIRED TO BE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WHEN ADVERTISEMENTS ARE PLACED IN LOCAL NEWSPAPERS OR THROUGH BROADCAST MEDIA TO SOLICIT NEW STUDENTS IT IS STATED THAT THE ACADEMY DOES NOT DISCRIMINATE IN ANY WAY. SCHEDULE E, PART I, LINE 6 THE ACADEMY RECEIVES STATE FUNDING AND FEDERAL FUNDS UNDER VARIOUS EDUCATIONAL PROGRAMS ADMINISTERED BY THE INDIANA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION A, LINE 2 COREY SMITH IS THE SCHOOL LEADER AND CO FOUNDER FOR SMITH ACADEMY FOR EXCELLENCE AND HIS BROTHER CAMERON SMITH IS PART OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 3 THE LEONA GROUP MANAGES THE ACADEMY'S OPERATIONS FORM 990, PART VI, SECTION B, LINE 11B THE STAFF ACCOUNTANT PROVIDES SUPPORTING DATA THAT IS NOT INCLUDED IN THE FINANCIAL AUDIT THAT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, THEN SUBMITTED TO THE TAX PREPARER AND A DRAFT RETURN IS THEN REVIEWED BY THE STAFF ACCOUNTANT AND CFO AND THE FINAL RETURN IS SIGNED BY THE BOARD PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C STATEMENTS OF ASSURANCES ARE SIGNED AT THE ANNUAL ORGANIZATIONAL MEETING. IF A CONFLIC OF INTEREST AROSE THAT DIRECTOR WOULD NOT PARTICIPATE IN THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 26,459. MANAGEMENT AND GENERAL EXPENSES 44,243. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,702. STAFFING SERVICES: PROGRAM SERVICE EXPENSES 437,697. MANAGEMENT AND GENERAL EXPENSES 266,253. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 703,950. FORM 990, PART IX, LINE 24E REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,814. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,814. OTHER EXPENSES: PROGRAM SERVICE EXPENSES 85. MANAGEMENT AND GENERAL EXPENSES 2,107. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,192. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.