Fiscal Sponsorship Allies Inc is located in Indianapolis, IN. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Fiscal Sponsorship Allies 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 12/2023, Fiscal Sponsorship Allies Inc generated $4.2m in total revenue. All expenses for the organization totaled $3.9m during the year ending 12/2023.
Since 2020, Fiscal Sponsorship Allies Inc has awarded 118 individual grants totaling $9,881,096. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE BEST FISCAL SPONSORSHIP SERVICES AT AFFORDABLE RATES TO THOSE ENGAGING IN CHARITABLE WORK FOR THE LARGER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FISCAL SPONSORSHIP ALLIES OPERATES A MODEL C (PRE-APPROVED GRANTOR-GRANTEE RELATIONSHIP) FISCAL SPONSORSHIP PROGRAM--IN WHICH FISCAL SPONSORSHIP ALLIES RECEIVES DONATIONS FOR A GIVEN CHARITABLE PROJECT'S PURPOSES, RETAINS DISCRETION AND CONTROL OVER THE FUNDS, GRANTS THEM TO SPONSEES FOR USE IN FURTHERANCE OF THE SPONSEE CHARITABLE PROJECTS, AND REQUIRES RECORDKEEPING AND REPORTING TO CONFIRM THAT THE FUNDS WERE SPENT PROPERLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Zachary Kester President | OfficerTrustee | 1 | $0 |
Olivia Cloer Treasurer | OfficerTrustee | 5 | $0 |
Robert Miller Secretary | OfficerTrustee | 2 | $0 |
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 | $4,023,076 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,023,076 |
Total Program Service Revenue | $189,757 |
Investment income | $4,147 |
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 | $4,216,980 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,692,585 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
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 | $42 |
Fees for services: Accounting | $21,906 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $271 |
Office expenses | $0 |
Information technology | $20,145 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $3,867,287 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $936,259 |
Savings and temporary cash investments | $8,479 |
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 | $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 | $944,738 |
Accounts payable and accrued expenses | $19,055 |
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 | $19,055 |
Net assets without donor restrictions | $33,461 |
Net assets with donor restrictions | $892,222 |
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 | $944,738 |
Over the last fiscal year, Fiscal Sponsorship Allies Inc has awarded $3,644,681 in support to 58 organizations.
Grant Recipient | Amount |
---|---|
1 LIFE ORGANIZATION PURPOSE: IN FURTHERANCE OF THE FISCAL SPONSORSHIP PROGRAM | $464,941 |
1 SOURCE MANAGEMENT CONSULTING PURPOSE: IN FURTHERANCE OF THE FISCAL SPONSORSHIP PROGRAM | $18,970 |
1K WOMENSTRONG PURPOSE: IN FURTHERANCE OF THE FISCAL SPONSORSHIP PROGRAM | $198,622 |
ACTIONS BEYOND WORDS PURPOSE: IN FURTHERANCE OF THE FISCAL SPONSORSHIP PROGRAM | $115,094 |
AGAPE NATIONAL ACADEMY OF MUSIC (ANAM) PURPOSE: IN FURTHERANCE OF THE FISCAL SPONSORSHIP PROGRAM | $6,801 |
ALTA COMMUNITY PURPOSE: IN FURTHERANCE OF THE FISCAL SPONSORSHIP PROGRAM | $12,622 |