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OAKS Academy INC

Public charity990-T FY2023
DBA: % DEREK JOHNSON
Other · INDIANAPOLIS, IN · EIN 35-2050595

About

The OAKS academy offers an isacs (independent schools association of the central states) accredited liberal arts education for students from PRE-kindergarten through eighth grade. The mission of the OAKS is to be a christ-centered school that provides a RICH, classical education to children of diverse racial and socioeconomic backgrounds, preparing them to succeed in a rigorous secondary educational program and to demonstrate spiritual, social and emotional maturity.

In care of Derek Johnson

Donations are tax-deductible
Category
Other
Employees
310
Volunteers
100

Financial Snapshot

FY ending 2024-07-31
Revenue
$18.0M
Expenses
$15.8M
Assets
$13.4M
Liabilities
$3.4M

Financial history

$21.5M$10.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $18.0M · Peak FY2023: $21.5M · Avg: $14.0M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$270K
OAKS ACADEMY INC
Your actions

Address

2301 N Park AVE
Indianapolis, IN, 46205-450

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %41.0%
Permanent endowment %59.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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