Indy Foundation
- Assets
- $142.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waite Park, MN
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-2837628
Organization Overview
Indy Foundation is located in Waite Park, MN. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indy 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 12/2021, Indy Foundation generated $163.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $100.9k during the year ending 12/2021. While expenses have increased by 29.1% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
INDY IS A MINNESOTA-BASED NON-PROFIT ORGANIZATION DEDICATED TO GIVING SUPPORT TO REAL-LIFE WARRIORS IN THE MIDST OF THEIR CANCER BATTLE. EVERY MONTH WE HIGHLIGHT TWO MINNESOTAN WARRIORS - 1 LITTLE INDY WARRIOR AND 1 INDY WARRIOR (18+). THROUGH ONLINE SALES, DONATIONS AND IN-STORE RETAILERS, THE HONOREE WILL RECEIVE A PORTION OF ALL PROFITS DURING THEIR SPECIFIED MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jake Wickman Treasurer | 2 | $0 | |
Courtney Studenski Board Member | 1 | $0 | |
Rachel Wade Board Member | 1 | $0 | |
Bri Knowles Board Member | 1 | $0 | |
Kayla Strand Keenan Executive Director | 10 | $0 | |
Laura Palant Former Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,827 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,253 |
| Other Revenue | $0 |
| Total Revenue | $163,364 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,021 |
| Occupancy, rent, utilities, and maintenance | $5,742 |
| Printing, publications, postage, and shipping | $1,349 |
| Other expenses | $54,396 |
| Total expenses | $100,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,704 |
| Other assets | $0 |
| Total assets | $142,133 |
| Total liabilities | $159 |
| Net assets or fund balances | $141,974 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Indy Foundation has recieved totaling $38,450.
| Awarding Organization | Amount |
|---|---|
Benton Telecomunnications Foundation Rice, MN PURPOSE: BACKPACKS FOR CANCER PATIENTS HOSPITAL STAYS | $23,450 |
Randy Shaver Cancer Research And Community Fund Minnetonka, MN PURPOSE: PROVIDE WARRIOR BACKPACKS TO HOLD NECESSITIES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Give Back Foundation Madison, WI | $36,333,568 | $83,771,815 |
Car Donation Foundation St Louis Park, MN | $12,821,701 | $65,728,159 |
Sanford Health Foundation Sioux Falls, SD | $1,085,759,919 | $148,692,334 |
Searle Freedom Trust Madison, WI | $105,094,955 | $12,616,372 |
Bradley Impact Fund Inc Milwaukee, WI | $79,584,497 | $81,442,514 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Constellation Fund Minneapolis, MN | $8,581,079 | $5,161,859 |
Washington County Riverboat Foundation Washington, IA | $2,209,057 | $4,844,569 |
Catholic United Financial Foundation St Paul, MN | $37,486,034 | $6,021,022 |
Seeds Of Change Foundation Sioux Falls, SD | $998,757 | $2,484,573 |
Fond Du Lac Area Foundation Fond Du Lac, WI | $72,661,560 | $12,050,578 |
John Herr Foundation Tr Fairfield, IA | $3,532,679 | $2,035,740 |