William E English Foundation
- Assets
- $6.7m
- Revenue
- $938.4k
- Investments
- $1.6m
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 04/1963
- Data as of
- 12/2023
- EIN
- 35-0929970
Organization Overview
William E English Foundation is located in Indianapolis, IN. The organization was established in 1963. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, William E English Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William E English Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, William E English Foundation generated $938.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $814.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RENTAL OF OFFICE SPACE AT BELOW MARKET RATES TO NON-PROFIT ORGANIZATIONS SERVING THE COMMUNITY; RENTAL INCOME COVERS APPROX. 80% OF OPERATING COSTS; 20% FROM ENDOWMENT.
Describe the Organization's Program Activity:
THE WILLIAM E. ENGLISH FOUNDATION RENTS OFFICE SPACE TO NON-PROFIT ORGANIZATIONS AT BELOW MARKET RATES. THE FOUNDATION SERVES 14 DIFFERENT NON-PROFIT ORGANIZATIONS WHICH EMPLOY APPROXIMATELY 265 INDIVIDUALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice-President | OfficerTrustee | 1 | $0 |
Name Not Listed President | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $769,190 |
| Investment income | $46,279 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $118,445 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $938,446 |
| 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. | $34,697 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,598 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,205 |
| Payroll taxes | $10,419 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,323 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,279 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $316 |
| Information technology | $2,885 |
| Royalties | $0 |
| Occupancy | $389,901 |
| Travel | $840 |
| 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 | $201,651 |
| Insurance | $32,395 |
| All other expenses | $0 |
| Total functional expenses | $814,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $635,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,960 |
| 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 | $1,402,410 |
| Investments—publicly traded securities | $3,110,862 |
| Investments—other securities | $1,563,452 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,715,744 |
| Accounts payable and accrued expenses | $190,793 |
| 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 | $0 |
| Total liabilities | $190,793 |
| Net assets without donor restrictions | $3,365,313 |
| Net assets with donor restrictions | $3,159,638 |
| 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 | $6,715,744 |