Hoosiers For Quality Education Inc
- Assets
- $504.5k
- Revenue
- $219.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/2010
- Data as of
- 06/2021
- EIN
- 26-1280876
Organization Overview
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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| 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 |
Jim Kittle Board Member | Trustee | 1 | $0 |
Robert Enlow Board Member | Trustee | 1 | $0 |
Brian Burdick Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 |
Grants Recieved
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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
16 Tech Community Corporation Indianapolis, IN | $90,414,871 | $43,820,376 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |