Indiana Blind Childrens Foundation Inc
- Assets
- $1.0m
- Revenue
- $685.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Indianapolis, IN
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 35-1892005
Organization Overview
Indiana Blind Childrens Foundation Inc is located in Indianapolis, IN. The organization was established in 1993. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Blind Childrens 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 12/2021, Indiana Blind Childrens Foundation Inc generated $685.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $642.5k during the year ending 12/2021. While expenses have increased by 25.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Indiana Blind Childrens Foundation Inc has awarded 11 individual grants totaling $1,655,484. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IBCF INVESTS IN CHILDREN WITH VISUAL IMPAIRMENTS SO EACH CHILD SUCCEEDS IN SCHOOL AND DAILY LIFE. IBCF IS A PHILANTHROPIC FOUNDATION THAT SUPPORTS THE INDIANA SCHOOL FOR THE BLIND AND VISUALLY IMPAIRED (ISBVI).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION (IBCF) WAS FORMED IN 1993 BY STAFF AND PARENTS OF STUDENTS AT THE INDIANA SCHOOL FOR THE BLIND AND VISUALLY IMPAIRED (ISBVI) AS A SEPARATE 501 C-3 NON-PROFIT ORGANIZATION. IBCF RAISES ADDITIONAL FUNDING FOR THE NEEDS OF APPROXIMATELY 450 STUDENTS FROM INFANCY TO AGE 22 IMPACTED BY ISBVI EACH YEAR. SINCE ITS INCEPTION, IBCF HAS FOCUSED ON RAISING MONEY TO SUPPORT ACADEMICS AT THE ISBVI. OVER THE COURSE OF TIME, IBCF HAS EXTENDED ITS FOCUS TO IMPACT ALL FACETS OF THE STUDENTS' INTELLECTUAL, SOCIAL AND EMOTIONAL LIVES. TO HELP CHILDREN IMPACTED BY ISBVI BE SUCCESSFUL, THE IBCF BOARD OF TRUSTEES AND STAFF DESIGNATED FIVE AREAS ON WHICH TO FOCUS FUNDRAISING AND VISIBILITY EFFORTS: ACCESS TECHNOLOGY, ARTS AND MUSIC, CAREER DEVELOPMENT, FAMILY ENGAGEMENT AND HEALTH AND WELLNESS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Alvarado Executive Di | Officer | 40 | $83,904 |
Rebecca Hopson Board Presid | OfficerTrustee | 2 | $0 |
Michael Parent Board Treasu | OfficerTrustee | 2 | $0 |
Kristina Davis Smith Board Vice P | OfficerTrustee | 2 | $0 |
Stephanie Jackson - Colbert MD Board Secret | OfficerTrustee | 2 | $0 |
Amanda Black Board Truste | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $270,386 |
| All other contributions, gifts, grants, and similar amounts not included above | $393,786 |
| Noncash contributions included in lines 1a–1f | $39,102 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $664,172 |
| Total Program Service Revenue | $0 |
| Investment income | $31,284 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$9,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $685,780 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $422,450 |
| 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. | $83,904 |
| Compensation of current officers, directors, key employees. | $27,688 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,522 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,943 |
| Advertising and promotion | $45,366 |
| Office expenses | $7,333 |
| Information technology | $7,069 |
| Royalties | $0 |
| Occupancy | $13,152 |
| Travel | $184 |
| 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 | $3,762 |
| All other expenses | $0 |
| Total functional expenses | $642,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $545,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $8,084 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $461,107 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,014,710 |
| Accounts payable and accrued expenses | $2,976 |
| Grants payable | $0 |
| Deferred revenue | $44,225 |
| 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 | $47,201 |
| Net assets without donor restrictions | $581,784 |
| Net assets with donor restrictions | $385,725 |
| 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 | $1,014,710 |
Grants Awarded
Over the last fiscal year, Indiana Blind Childrens Foundation Inc has awarded $422,450 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA SCHOOL FOR THE BLIND PURPOSE: ANNUAL SUPPORT | $407,005 |
Indianapolis, IN PURPOSE: NO LIMITS | $9,945 |
Downingtown, PA PURPOSE: NO LIMITS | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana Blind Childrens Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Van Riper-Woodard Family Foundation Inc Carmel, IN PURPOSE: UNRESTRICTED DONATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Start Early Chicago, IL | $84,271,202 | $70,463,769 |
Aunt Marthas Health And Wellness Inc Olympia Fields, IL | $54,790,181 | $76,869,739 |
Home Of The Innocents Louisville, KY | $65,936,373 | $44,982,651 |
Choices Coordinated Care Solutions Inc Indianapolis, IN | $31,601,317 | $38,735,699 |
Jewish Child And Family Services Chicago, IL | $66,913,873 | $39,925,385 |
Childrens Bureau Inc Indianapolis, IN | $23,244,857 | $37,565,375 |
Sunrise Childrens Services Mt Washington, KY | $37,970,472 | $27,965,095 |
Whites Residential And Family Services Inc Wabash, IN | $39,956,832 | $19,808,843 |
Kids Above All Illinois Chicago, IL | $6,170,372 | $14,023,607 |
Catholic Charities Of Louisville Inc Louisville, KY | $10,972,807 | $15,581,081 |
Jackson County Community Childrens Service Fund Kansas City, MO | $22,334,800 | $14,345,673 |
Youth Service Bureau Of Illinois Valley Incorporated Ottawa, IL | $4,153,278 | $14,098,230 |