Southeast Neighborhood School of Excellence Inc
Nonprofit profile at a glance
- EIN
- 300143321
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Indianapolis, IN, USA
- Phone
- 3174230204
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Charter Schools
Reported finances
- Revenue
- $9,336,982
- Expenses
- $9,167,533
- Assets
- $10,593,110
- Liabilities
- $1,092,555
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- LEE LEWELLEN (PRESIDENT)
Highest reported compensation
- DR KRISTIE SWEENEY (HEAD OF SCHOOL): $226,468 total reported compensation
- AMANDA KOTH (DIRECTOR OF SCHOOL IMPROVEMENT): $161,589 total reported compensation
- CJ FOX (DIRECTOR OF FINANCE/HR): $95,630 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The school is a community driven elementary school that nurtures academic excellence, social development, and civic responsibility in every individual. The school seeks to build a strong foundation for learning and living by creating in its students a thirst for knowledge and an enthusiasm for learning.
What it reported doing in 2024
The title 1 program at sense charter school provides additional service opportunities to students by: employing highly qualified teachers in primary classrooms to serve as co-teachers. Co-teachers will work with small groups of students within a classroom, focusing on standards for remediation and development identified by formative assessments and benchmarks. Those data points include m-class dibels, ready curricular assessments, and masteryconnect school created benchmarks. Employing a director of data and assessment to support prescriptive instruction through the collection of formative and standardized assessments that are utilized in coaching and planning cycles. Additionally, sense will retain their intermediate coach (that was in the previous years plan) to support teachers in grades 4-8. The coach will use diane sweeney coaching cycles format to provide coaching cycles to teachers on a calendar cycle using data targets aligned to individual grade level/classroom data. Additionally the coach will work in supporting teachers with planning using the internalization process for higher thinking and learning. The school interventionist will work with students in grades 2-5 who are identified below grade level based on a triangulation of data and or have not passed i-read. The interventionist will work with 4-6 students in a small group as a tier ii support to improve student reading fluency and comprehension. Progress will be tracked using dibels.
Operating model
- Revenue model
- Grant-funded. 95% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.9%; rating input score 86
- Program expense ratio: 87.5%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.8%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 5.3%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 13.8% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 85.9% of revenue deployed · 87.5% of spending went to programs
- Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $8M in reported program spending
- Leadership: top reported pay $226K · 9 people listed · 2 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.