INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC: Form 990, tax year 2024
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- Organization
- INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC (EIN 31-1103966)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-11-13
- IRS object ID
- 202533179349307613
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T14:01:59-06:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351178661 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUE & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12800 N MERIDIAN ST STE 400 | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311103966 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANAPOLIS PUBLIC SCHOOLS EDUCATION | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | INDI | BusinessNameControlTxt |
| Phone | 3172263706 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 EAST WALNUT STREET 116 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHANNIE BAILEY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3172263706 | PhoneNum |
| Signature | 2025-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANGELA N CRAWFORD CPA | PreparerPersonNm |
| PTIN | P00573197 | PTIN |
| Phone | 3178488920 | PhoneNum |
| Preparation | 2025-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANAPOLIS PUBLIC SCHOOLS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHANNIE BAILEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 EAST WALNUT STREET 116 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,821,859 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | IPSFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | THE INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION ("IPSEF") SERVES INDIANA PUBLIC SCHOOL ("IPS") STUDENTS BY SECURING RESOURCES TO ENSURE THE HIGHEST QUALITY EDUCATION EXPERIENCE POSSIBLE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,187,003 | PYContributionsGrantsAmt |
| CY Contributions Grants | $8,297,234 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $938,302 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $689,578 | CYProgramServiceRevenueAmt |
| PY Investment Income | $365,757 | PYInvestmentIncomeAmt |
| CY Investment Income | $381,850 | CYInvestmentIncomeAmt |
| PY Other Revenue | $6,097 | PYOtherRevenueAmt |
| CY Other Revenue | $4,527 | CYOtherRevenueAmt |
| PY Total Revenue | $5,497,159 | PYTotalRevenueAmt |
| CY Total Revenue | $9,373,189 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,512,151 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,246,482 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $623,846 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $737,099 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $12,188 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $15,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $335,881 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $322,654 | PYOtherExpensesAmt |
| CY Other Expenses | $283,775 | CYOtherExpensesAmt |
| PY Total Expenses | $5,470,839 | PYTotalExpensesAmt |
| CY Total Expenses | $5,282,356 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $26,320 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,090,833 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,407,670 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,025,427 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,400,182 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $729,648 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,007,488 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,295,779 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE INDIANAPOLIS PUBLIC SCHOOLS FOUNDATION IS AN INDEPENDENT NON-PROFIT THAT SECURES PHILANTHROPIC SUPPORT TO ADVANCE THE STRATEGIC PRIORITIES OF THE INDIANAPOLIS PUBLIC SCHOOLS. WE SUPPORT IPS LEADERSHIP TO DEFINE PRIORITIES FOR PRIVATE INVESTMENT AND WORKS CLOSELY WITH COMMUNITY LEADERS AND PHILANTHROPIC CHAMPIONS TO RAISE MISSION-CRITICAL FUNDING THAT ENABLES IPS TO ACCELERATE PROGRESS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,208,888 | ExpenseAmt |
| Grant | $3,986,084 | GrantAmt |
| Revenue | $689,578 | RevenueAmt |
| Desc | DISTRICT SUPPORT:GRANTS TO IPS FOR DISTRICT SUPPORT COVER A RANGE OF INVESTMENTS THAT SUPPORT THE STRATEGIC PRIORITIES OF THE DISTRICT IN ORDER TO ADVANCE ACADEMIC ACHIEVEMENT INCLUDING, BUT NOT LIMITED TO, ENSURING ACCESS TO RIGOROUS CURRICULUM, PROMOTING STUDENT ACCESS AND OPPORTUNITY AND FOSTERING STUDENT AND FAMILY ENGAGEMENT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $126,124 | ExpenseAmt |
| Grant | $119,713 | GrantAmt |
| Desc | IPS SCHOOL BASED GRANTS:SCHOOL BASED GRANTS PROVIDE THE OPPORTUNITY FOR TEACHERS AND ADMINISTRATORS TO APPLY FOR FINANCIAL SUPPORT TO CLOSE RESOURCE GAPS AND ENSURE SCHOOLS HAVE CLASSROOM SUPPLIES, PROGRAMMATIC MATERIALS AND EVEN BASIC NEEDS FOR STUDENT LEARNING. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $148,219 | ExpenseAmt |
| Grant | $140,685 | GrantAmt |
| Desc | SCHOLARSHIPS TO IPS STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,483,231 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 93 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3172263706 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 EAST WALNUT STREET 116 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| STEPHANNIE BAILEY | |||||||
| CEO | 40.00 | Yes (X) | $231,310 | $0 | $6,966 | ||
| KELLY RILEY | |||||||
| CHIEF GROWTH OFFICER | 40.00 | $120,974 | $0 | $18,958 | Yes (X) | ||
| AISHA GOENS | |||||||
| CHIEF OPERATING OFFICER | 40.00 | $115,866 | $0 | $10,611 | Yes (X) | ||
| JONATHAN COFFINGTON | |||||||
| CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| GINGER LIPPERT | |||||||
| VICE CHAIR | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KEVIN SHELLEY | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| TIMOTHY COLEMAN | |||||||
| TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KIRK BEVINGTON | |||||||
| MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| STEPHEN DOWNING JR | |||||||
| MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| AARON GILLUM | |||||||
| MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ELIZABETH LERCH | |||||||
| MEMBER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| SHANEKA PEDERSEN | |||||||
| MEMBER | 3.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $468,150 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $36,535 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| METICULOUS DESIGN ARCHITECTURE LLC | |||||
| 25 NORTH PINE STREET STE B | INDIANAPOLIS | IN | 46202 | LEAD ARCHITECT AND DESIGN FOR CRISPUS AT | $378,152 |
| JUNIOR ACHIEVEMENT OF CENTRAL INDIANA | |||||
| 7435 N KEYSTONE AVE B | INDIANAPOLIS | IN | 46240 | JA BIZTOWN EXPERIENCE FOR 5TH GRADE STUD | $116,940 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $14,500 | GovernmentGrantsAmt |
| All Other Contributions | $8,282,734 | AllOtherContributionsAmt |
| Total Contributions | $8,297,234 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYINDY | 900099 | $440,283 | $440,283 |
| IPS SUPPORT | 900099 | $192,445 | $192,445 |
| POSTSECONDARY READINES | 900099 | $56,850 | $56,850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $689,578 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $311,916 | TotalRevenueColumnAmt |
| Exclusion | $311,916 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $518,604 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $448,670 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $69,934 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,934 | TotalRevenueColumnAmt |
| Exclusion | $69,934 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| LICENSE PLATE FEES | 900099 | $3,769 | $3,769 |
| MISCELLANEOUS INCOME | 900099 | $758 | $758 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,527 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,373,189 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $689,578 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $386,377 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,104,297 | TotalAmt |
| Program Services | $4,104,297 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,185 | TotalAmt |
| Program Services | $142,185 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,495 | TotalAmt |
| Program Services | $55,544 | ProgramServicesAmt |
| Management And General | $89,353 | ManagementAndGeneralAmt |
| Fundraising | $96,598 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $400,535 | TotalAmt |
| Program Services | $92,123 | ProgramServicesAmt |
| Management And General | $148,198 | ManagementAndGeneralAmt |
| Fundraising | $160,214 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,722 | TotalAmt |
| Program Services | $2,696 | ProgramServicesAmt |
| Management And General | $4,337 | ManagementAndGeneralAmt |
| Fundraising | $4,689 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,593 | TotalAmt |
| Program Services | $8,877 | ProgramServicesAmt |
| Management And General | $14,279 | ManagementAndGeneralAmt |
| Fundraising | $15,437 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,754 | TotalAmt |
| Program Services | $10,293 | ProgramServicesAmt |
| Management And General | $16,559 | ManagementAndGeneralAmt |
| Fundraising | $17,902 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,293 | TotalAmt |
| Program Services | $5,532 | ProgramServicesAmt |
| Management And General | $6,761 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,600 | TotalAmt |
| Program Services | $25,938 | ProgramServicesAmt |
| Management And General | $52,662 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,000 | TotalAmt |
| Fundraising | $15,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,963 | TotalAmt |
| Management And General | $31,963 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,726 | TotalAmt |
| Program Services | $12,921 | ProgramServicesAmt |
| Management And General | $61,818 | ManagementAndGeneralAmt |
| Fundraising | $9,987 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,385 | TotalAmt |
| Management And General | $5,192 | ManagementAndGeneralAmt |
| Fundraising | $5,193 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,457 | TotalAmt |
| Management And General | $5,229 | ManagementAndGeneralAmt |
| Fundraising | $5,228 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,766 | TotalAmt |
| Program Services | $21,383 | ProgramServicesAmt |
| Management And General | $21,383 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104 | TotalAmt |
| Management And General | $52 | ManagementAndGeneralAmt |
| Fundraising | $52 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,901 | TotalAmt |
| Management And General | $951 | ManagementAndGeneralAmt |
| Fundraising | $950 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,639 | TotalAmt |
| Program Services | $1,442 | ProgramServicesAmt |
| Management And General | $1,550 | ManagementAndGeneralAmt |
| Fundraising | $1,647 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| DUES & SUBSCRIPTIONS | $4,454 | $1,470 | $2,984 |
| MISCELLANEOUS EXPENSES | $1,487 | $1,487 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,282,356 | TotalAmt |
| Program Services | $4,483,231 | ProgramServicesAmt |
| Management And General | $463,244 | ManagementAndGeneralAmt |
| Fundraising | $335,881 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,395,534 | BOYAmt |
| EOY | $4,040,369 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,236,329 | BOYAmt |
| EOY | $4,820,571 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,132 | BOYAmt |
| EOY | $251,105 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,560 | BOYAmt |
| EOY | $10,809 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,143,363 | BOYAmt |
| EOY | $4,424,062 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $453,752 | BOYAmt |
| EOY | $478,511 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,407,670 | BOYAmt |
| EOY | $14,025,427 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,206 | BOYAmt |
| EOY | $318,445 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,083,976 | BOYAmt |
| EOY | $411,203 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,400,182 | BOYAmt |
| EOY | $729,648 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,782,848 | BOYAmt |
| EOY | $1,728,737 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,224,640 | BOYAmt |
| EOY | $11,567,042 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,007,488 | BOYAmt |
| EOY | $13,295,779 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,407,670 | BOYAmt |
| EOY | $14,025,427 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,090,833 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $157,708 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $39,750 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (1) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAuditedInd |
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,355,570 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,224,061 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,172,031 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,187,003 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,297,234 | CurrentTaxYearAmt |
| Total | $26,235,899 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,100 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,100 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,475 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,100 | CurrentTaxYearAmt |
| Total | $116,875 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,378,670 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,247,161 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,195,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,211,478 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,320,334 | CurrentTaxYearAmt |
| Total | $26,352,774 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,552,133 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,800,641 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,538 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $58,655 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $156,472 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $244,154 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $311,916 | CurrentTaxYearAmt |
| Total | $807,735 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,075 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $747 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,097 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,527 | CurrentTaxYearAmt |
| Total | $22,268 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $27,182,777 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,187,325 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.47090 | PublicSupportCY170Pct |
| Public Support PY170 | 0.64850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISC INCOME - 2020 AMOUNT: $ 3,075. 2021 AMOUNT: $ 7,822. 2022 AMOUNT: $ 747. 2023 AMOUNT: $ 6,097. 2024 AMOUNT: $ 4,527. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,066,834 | BeginningYearBalanceAmt |
| Contributions | $4,391 | ContributionsAmt |
| Investment Earnings Or Losses | $270,451 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $130,468 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,211,208 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,815,678 | BeginningYearBalanceAmt |
| Contributions | $68,595 | ContributionsAmt |
| Investment Earnings Or Losses | $306,658 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $124,097 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,066,834 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $625,569 | BeginningYearBalanceAmt |
| Contributions | $2,224,563 | ContributionsAmt |
| Investment Earnings Or Losses | $88,358 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $122,812 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,815,678 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $635,935 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$10,366 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $625,569 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $516,548 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $119,387 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $635,935 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.78017 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.15355 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.06628 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,561,784 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $157,708 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $23,100 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $39,750 | OtherRevenueAmt |
| Revenue Not Reported | $220,558 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,341,226 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $31,963 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $31,963 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,373,189 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,273,493 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $23,100 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $23,100 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,250,393 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $31,963 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $31,963 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,282,356 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION HAS ADOPTED INVESTMENT POLICIES FOR ENDOWMENT ASSETS HELD FOR ENDOWMENT THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE FUNDS HELD BY CICF (BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS) ARE INVESTED ACCORDING TO CICF'S POOLED INVESTMENT FUND STRATEGIES. OTHER ENDOWMENT FUNDS PRESENTLY GENERATE MINIMAL ENDOWMENT INVESTMENT RETURN DUE TO THE MAINTENANCE OF THE MAJORITY OF THE FUNDS IN CASH. |
| PART X, LINE 2: | THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, AS OF THE DATE OF THE FINANCIAL STATEMENTS WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 39,750. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INDIANAPOLIS PUBLIC SCHOOLS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 EAST WALNUT | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 356002486 | RecipientEIN |
| IRC Section | GOVT | IRCSectionDesc |
| Cash Grant | $4,104,297 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | EDUCATIONAL ASSISTANCE | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 84 | RecipientCnt |
| Cash Grant | $142,185 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE INDIANAPOLIS PUBLIC SCHOOLS FOUNDATION STEWARDS PRIVATE FUNDS WITH FISCAL INTEGRITY BY FACILITATING CONSISTENT REGULAR PROGRAM CHECK-INS WITH IPS STAFF TO ENSURE THAT GRANT DELIVERABLES ARE BEING MET, REQUESTS FOR REIMBURSEMENT ARE SIGNED OFF ON BY BOTH IPS AND IPSF STAFF AND INCLUDE ACCURATE AND DETAILED INVOICES, AND THAT FUNDS ARE BEING SPENT IN ACCORDANCE WITH GRANT TERMS. IPS FOUNDATION STAFF ASSUMES RESPONSIBILITY FOR REPORTING FUNCTIONS AND REGULARLY REPORTS TO FUNDING PARTNERS THE DETAILED GRANT PROGRAM PROGRESS. THIS INCLUDES PROVIDING AGREED UPON METRICS AND DELIVERABLES AND FINANCIAL ACCOUNTING OF GRANT BUDGET VERSUS ACTUALS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHANNIE BAILEY | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $211,310 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $20,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $6,939 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $27 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $238,276 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE CEO ON AN ANNUAL BASIS AND DETERMINES WHETHER THE APPROPRIATE COMPENSATION LEVEL IS SET BASED ON PERFORMANCE WITH OTHER NON-PROFIT ORGANIZATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES TO DOCUMENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | A DRAFT OF THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD TREASURER BEFORE FILING. THE FULL BOARD IS ALSO PROVIDED A COPY OF THE RETURN BEFORE IT IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO READ, UNDERSTAND AND SIGN THE FOUNDATION'S CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. ANY CONFLICTS OF INTEREST ARE TO BE NOTED. RECORDS OF ALL STATEMENTS ARE KEPT ON FILE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE CEO ON AN ANNUAL BASIS AND DETERMINES WHETHER THE APPROPRIATE COMPENSATION LEVEL IS SET BASED ON PERFORMANCE WITH OTHER NON-PROFIT ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | IF ANY BUSINESS OR INDIVIDUAL MAKES A REQUEST IN WRITING OF THE GOVERNING DOCUMENTS OR CONFLICT OF INTEREST STATEMENT, WE WILL PROVIDE THEM WITH A HARD COPY OF ANY OF THOSE DOCUMENTS. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 39,750. |
| PART XII, LINE 2C | THE ORGANIZATION'S BOARD OF DIRECTORS ARE RESPONSIBLE FOR OVERSIGHT OF THE REVIEW AND FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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