Pike Township Educational Foundation Inc
- Assets
- $1.7m
- Revenue
- $273.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 11/1991
- Data as of
- 06/2023
- EIN
- 35-1836390
Organization Overview
Pike Township Educational Foundation Inc is located in Indianapolis, IN. The organization was established in 1991. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Pike Township Educational Foundation Inc 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 06/2023, Pike Township Educational Foundation Inc generated $273.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $212.1k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE EDUCATIONAL EXPERIENCE OF EVERY PIKE STUDENT BY PROVIDING RESOURCES FOR INNOVATIVE, HIGH QUALITY APPROACHES TO EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND SCHOLARSHIPS FOR ELIGIBLE PIKE HIGH SCHOOL STUDENTS.
FUND GRANTS FOR NEW PROGRAM OPPORTUNITIES IN THE PIKE TOWNSHIP SCHOOLS.
CELEBRATIONS! TEACHER'S AWARDS/BANQUET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Graham Executive Dir. | Officer | 20 | $40,898 |
Alison Hanscom Board Member | Trustee | 10 | $3,990 |
Martie Hoofer Secretary | OfficerTrustee | 5 | $0 |
Michelle Ratcliff Board Member | Trustee | 2 | $0 |
Shannon Rotvold Board Member | Trustee | 2 | $0 |
Matt Hopp Board Member | Trustee | 2 | $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 | $136,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $136,886 |
| Total Program Service Revenue | $0 |
| Investment income | $15,600 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,366 |
| Net Income from Fundraising Events | $76,128 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $273,430 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,283 |
| Grants and other assistance to domestic individuals. | $63,744 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,888 |
| Compensation of current officers, directors, key employees. | $44,888 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,991 |
| Fees for services: Other | $2,217 |
| Advertising and promotion | $1,030 |
| Office expenses | $291 |
| Information technology | $5,727 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,013 |
| All other expenses | $0 |
| Total functional expenses | $212,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,533 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,129 |
| 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 | $1,374,924 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $1,667,586 |
| Accounts payable and accrued expenses | $59,246 |
| 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 | $1,162 |
| Total liabilities | $60,408 |
| Net assets without donor restrictions | $438,913 |
| Net assets with donor restrictions | $1,168,265 |
| 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 | $1,667,586 |
Grants Awarded
Over the last fiscal year, Pike Township Educational Foundation Inc has awarded $64,283 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MSD PIKE TOWNSHIP PURPOSE: Var awards, supporting innovation. | $54,574 |
MSD PIKE TOWNSHIP PURPOSE: Celebrations! (honoring educators) | $9,709 |