Hoosiers For Quality Education Inc is located in Indianapolis, IN. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoosiers For Quality Education Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Hoosiers For Quality Education Inc generated $219.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $115.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION'S PURPOSE IS TO EDUCATE THE STATE OF INDIANA'S (THE STATE) CITIZENS AND POLICY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE THE STATE OF INDIANA'S (THE STATE) CITIZENS AND POLICY MAKERS ON THE IMPORTANCE OF A QUALITY EDUCATION AND THE IMPORTANCE IT PLAYS IN INDIANA'S ECONOMIC VITALITY, COMPETITIVENESS, AND CONTINUOUS IMPROVEMENT FOR THE STATE TO SUCCEED IN THE GLOBAL MARKETPLACE; TO PROMOTE K-12 EDUCATION PUBLIC POLICIES NECESSARY TO PROVIDE ALL HOOSIER STUDENTS ACCESS TO A QUALITY EDUCATION IN AN ENVIRONMENT THAT BEST MEETS THEIR LEARNING NEEDS, MAKES THE STATE AN ATTRACTIVE PLACE TO DO BUSINESS, LIVE AND RAISE A FAMILY, TO INCREASE HIGH-PAYING JOB OPPORTUNITIES; TO ASSIST IN HELPING INDIVIDUALS RECEIVE THE EDUCATION OR CREDENTIALS NEEDED FOR THESE JOB OPPORTUNITIES, AND TO ENGAGE THE STATE'S CITIZENS IN MAKING THE STATE AN ECONOMIC POWERHOUSE NATIONALLY AND INTERNATIONALLY; TO INCREASE PUBLIC AWARENESS OF THE IMPORTANCE OF EDUCATIONAL REFORM INITIATIVES, INCLUDING INCREASED SCHOOL CHOICE AND IMPROVING THE QUALITY OF THE K-12 EDUCATIONAL SYSTEM; AND TO SUPPORT THE ECONOMIC GROWTH OF THE STATE THROUGH IMPROVED EDUCATION AND EXPANDED SCHOOL CHOICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Betsy Wiley President | Officer | 8 | $34,000 |
Fred Klipsch Chairman | OfficerTrustee | 1 | $0 |
Robert Grand Vice Chairman And Secretar | OfficerTrustee | 1 | $0 |
Robert Enlow Board Member | Trustee | 1 | $0 |
Al Hubbard Board Member | Trustee | 1 | $0 |
Jim Longest Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $217,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $217,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $219,300 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $37,234 |
Compensation of current officers, directors, key employees. | $7,447 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,779 |
Advertising and promotion | $24,635 |
Office expenses | $13,124 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,020 |
Travel | $1,602 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $18,473 |
All other expenses | $0 |
Total functional expenses | $115,367 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $479,502 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $504,502 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $9,075 |
Total liabilities | $9,075 |
Net assets without donor restrictions | $495,427 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $504,502 |
Over the last fiscal year, we have identified 2 grants that Hoosiers For Quality Education Inc has recieved totaling $120,000.
Awarding Organization | Amount |
---|---|
American Federation For Children Inc Columbia, MD PURPOSE: EDUCATIONAL CHOICE SUPPORT IN IN | $100,000 |
Yes Every Kid Inc Arlington, VA PURPOSE: General Operations | $20,000 |
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