University High School of Indiana Inc
Nonprofit profile at a glance
- EIN
- 352034546
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Carmel, IN, USA
- Phone
- 3177334475
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $12,684,483
- Expenses
- $12,853,160
- Assets
- $15,159,441
- Liabilities
- $9,235,131
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
33 people listed
Highest reported compensation
- ALICIA LAMAGDELEINE (HEAD OF SCHOOL): $245,134 total reported compensation
- DAVID VESPER (ASSOCIATE HEAD OF SCHOOL): $196,385 total reported compensation
- ADRIANNE SMITH (DIRECTOR OF ADVANCEMENT): $149,340 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To expand the hearts and minds of students and to nurture excelence through academic, creative, and physical achievement.
What it reported doing in 2024
Provide quality education to students in grades 9 through 12, along with services and opportunities associated with secondary schools. Our educational experience is driven by our core values which include diversity, commitment to excellence, commitment to personal responsibility, creativity, stewardship, and mutual respect, support and trust. Established to offer more school choices in the indianapolis area, the organization focuses on the educational experience around the students being able to have a flexible schedule, emphasizes one-on-one educational assistance and mentoring, and has a strong fine arts component in its curriculum.
Operating model
- Revenue model
- Other-operating. 81% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 30
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.6%; rating input score 70
- Program expense ratio: 68.5%; rating input score 68
- Fundraising efficiency: $5.31 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -1.3%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 8.4%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: -4.6% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 69.6% of revenue deployed · 68.5% of spending went to programs
- Governance: 26 of 26 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $8.8M in reported program spending
- Leadership: top reported pay $245K · 33 people listed · 2 of 6 pay-setting controls reported
- Consistency: 37 of 37 current checks pass
- Schedules: 11 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 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.
- High — Financial Efficiency: Fundraising efficiency scored 22/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 27/100.