Civic Intelligence

Southern Hancock Education Foundation

EIN 27-3670205 • 501(c)3 • New Palestine, IN

RevokedPub. 78 Eligible990-N Coverage

Profile

Our mission is to promote and support quality education in brandywine and sugar creek townships. The foundation has identified three key areas of support. (1) to support teacher innovation in their classrooms through a teacher mini-grant program. Each fall teachers have the opportunity to appy for funds that will impact student learning in their classroom. These grants typically run between 200 to 500. (2) to fund professional development in each of the southern hancock schools. Each year, schools are granted funds to support school leaders ability to implement high quality professional development. (3) at one time there was a need to assist eligible students with the fees for advance placement and dual credit courses. This area presently is not an area of need; therefore, the foundation has sought other areas to support the southern hancock schools.

Revocation date: Nov 15, 2016

PO Box 711New Palestine, IN 46163

www.newpaledfoundation.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

19%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

67th percentile

8.9%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

9.8%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$90,005

Up $7,323 (+8.9%) from 2023

Liabilities

Down

$3,156

Down $1,852 (-37%) from 2023

Net Assets

Up

$86,849

Up $9,175 (+12%) from 2023

Revenue

Up

$47,160

Up $4,216 (+9.8%) from 2023

Expenses

Up

$37,985

Up $3,933 (+12%) from 2023

Net Income

Up

$9,175

Up $283 (+3.2%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2022: $74,732Liabilities 2022: $5,950Net Assets 2022: $68,7822022Assets 2023: $82,682Liabilities 2023: $5,008Net Assets 2023: $77,6742023Assets 2024: $90,005Liabilities 2024: $3,156Net Assets 2024: $86,8492024

Highlighted filing

2024

Assets$90,005
Liabilities$3,156
Net Assets$86,849

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2022: $42,939Expenses 2022: $36,570Net Income 2022: $6,3692022Revenue 2023: $42,944Expenses 2023: $34,052Net Income 2023: $8,8922023Revenue 2024: $47,160Expenses 2024: $37,985Net Income 2024: $9,1752024

Highlighted filing

2024

Revenue$47,160
Expenses$37,985
Net Income$9,175

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2024
Return Version
2023v6.0
Gross Receipts
$66,455
Mission and Program Overview

Mission

Our mission is to promote and support quality education in brandywine and sugar creek townships. The foundation has identified three key areas of support. (1) to support teacher innovation in their classrooms through a teacher mini-grant program. Each fall teachers have the opportunity to appy for funds that will impact student learning in their classroom. These grants typically run between 200 to 500. (2) to fund professional development in each of the southern hancock schools. Each year, schools are granted funds to support school leaders ability to implement high quality professional development. (3) at one time there was a need to assist eligible students with the fees for advance placement and dual credit courses. This area presently is not an area of need; therefore, the foundation has sought other areas to support the southern hancock schools.

Program Services

DescriptionGrantsExpenses
WE WERE ABLE TO PROVIDE 57 GRANTS TO TEACHERS, ADMINISTRATORS AND STAFF WITHIN THE SCHOOL DISTRICT. THESE GRANTS COVERED A VARIETY OF THINGS FROM CLASSROOM SUPPLIES, EDUCATIONAL MATERIALS, LITERATURE, FLEXIBLE SEATING, TECHNOLOGY AND MUCH MORE. THESE GRANTS WERE ABLE TO DIRECTLY IMPACT THE STUDENTS OF THE CSCSHC DISTRICT.$8,850$28,753
THE ORGANIZATION WAS ABLE TO PROVIDE SCHOOL ADMNISTRATORS WITH FUNDS TO ENCOURAGE AND SUPPORT THEIR SCHOOL'S TEACHERS AND STAFF AND BUILD MORALE. EACH ADMINISTRATOR WAS ABLE TO USE THE GRANTED MONEY TO PROVIDE AN APPRECIATION EVENT AT THEIR SCHOOL.$5,000$5,000
THE ORGANIZATION WAS ABLE TO CONTRIBUTE PROFESSIONAL DEVELOPMENT PROGRAMS FOR OUR DISTRICT STAFF ALONG WITH POTENTIAL SCHOOL-WIDE NEEDS.$3,500$3,500
OTHER MISCELLANEOUS PROGRAMS.$732$732
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA FOWLERPresidentPT$0--
KAITLYN ARTHURVice PresidePT$0--
JENNIFER DROPSEYTreasurerPT$0--
NETTIE GREULICHSecretaryPT$0--
KIM TAYLORPast PresidePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Casino Royale G$50,003$23,754$7,806$15,948
Total Events$50,003$23,754$19,295$4,459
Filing and Contact Details

Filer

Filer Name
Southern Hancock Education Fdn Dba
EIN
27-3670205
Phone
6176948086
Address
PO BOX 711, NEW PALESTINE, IN 46163

Signing Officer

Name
Jennifer Dropsey
Title
Treasurer
Phone
6176948086
Signed
2024-05-08

Preparer

Firm
Long & Associates Pc
Address
8388 E 116TH ST SUITE A, FISHERS, IN 46038-9370
Preparer
Thomas R Long CPA
Phone
3175775975
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 18,082

Form 990-ez, Part I, Line 16

Expenses dues and subscriptipons 375 office expense 445 office equipment 120 website maintenance 64 team building 133 training 224 insurance 1,209 contribution to endowment 4,000 scholarships 1,000 registration fees 22 merchant fees 10 total 7,602

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,008 3,156

Form 990-ez, Part III

Our mission is to promote and support quality education in brandywine and sugar creek townships. The foundation has identified three key areas of support. (1) to support teacher innovation in their classrooms through a teacher mini-grant program. Each fall teachers have the opportunity to appy for funds that will impact student learning in their classroom. These grants typically run between 200 to 500. (2) to fund professional development in each of the southern hancock schools. Each year, schools are granted funds to support school leaders ability to implement high quality professional development. (3) at one time there was a need to assist eligible students with the fees for advance placement and dual credit courses. This area presently is not an area of need; therefore, the foundation has sought other areas to support the southern hancock schools.

Form 990-ez, Part III, Line 28

We were able to provide 57 grants to teachers, administrators and staff within the school district. These grants covered a variety of things from classroom supplies, educational materials, literature, flexible seating, technology and much more. These grants were able to directly impact the students of the cscshc district.

Form 990-ez, Part III, Line 30

The organization was able to provide school admnistrators with funds to encourage and support their school's teachers and staff and build morale. Each administrator was able to use the granted money to provide an appreciation event at their school.

Form 990-ez, Part III, Line 31

Other miscellaneous programs.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ORGANIZATION WAS ABLE TO CONTRIBUTE PROFESSIONAL DEVELOPMENT PROGRAMS FOR OUR DISTRICT STAFF ALONG WITH POTENTIAL SCHOOL-WIDE NEEDS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 18,082
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES DUES AND SUBSCRIPTIPONS 375 OFFICE EXPENSE 445 OFFICE EQUIPMENT 120 WEBSITE MAINTENANCE 64 TEAM BUILDING 133 TRAINING 224 INSURANCE 1,209 CONTRIBUTION TO ENDOWMENT 4,000 SCHOLARSHIPS 1,000 REGISTRATION FEES 22 MERCHANT FEES 10 TOTAL 7,602
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,008 3,156
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR MISSION IS TO PROMOTE AND SUPPORT QUALITY EDUCATION IN BRANDYWINE AND SUGAR CREEK TOWNSHIPS. THE FOUNDATION HAS IDENTIFIED THREE KEY AREAS OF SUPPORT. (1) TO SUPPORT TEACHER INNOVATION IN THEIR CLASSROOMS THROUGH A TEACHER MINI-GRANT PROGRAM. EACH FALL TEACHERS HAVE THE OPPORTUNITY TO APPY FOR FUNDS THAT WILL IMPACT STUDENT LEARNING IN THEIR CLASSROOM. THESE GRANTS TYPICALLY RUN BETWEEN 200 TO 500. (2) TO FUND PROFESSIONAL DEVELOPMENT IN EACH OF THE SOUTHERN HANCOCK SCHOOLS. EACH YEAR, SCHOOLS ARE GRANTED FUNDS TO SUPPORT SCHOOL LEADERS ABILITY TO IMPLEMENT HIGH QUALITY PROFESSIONAL DEVELOPMENT. (3) AT ONE TIME THERE WAS A NEED TO ASSIST ELIGIBLE STUDENTS WITH THE FEES FOR ADVANCE PLACEMENT AND DUAL CREDIT COURSES. THIS AREA PRESENTLY IS NOT AN AREA OF NEED; THEREFORE, THE FOUNDATION HAS SOUGHT OTHER AREAS TO SUPPORT THE SOUTHERN HANCOCK SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE WERE ABLE TO PROVIDE 57 GRANTS TO TEACHERS, ADMINISTRATORS AND STAFF WITHIN THE SCHOOL DISTRICT. THESE GRANTS COVERED A VARIETY OF THINGS FROM CLASSROOM SUPPLIES, EDUCATIONAL MATERIALS, LITERATURE, FLEXIBLE SEATING, TECHNOLOGY AND MUCH MORE. THESE GRANTS WERE ABLE TO DIRECTLY IMPACT THE STUDENTS OF THE CSCSHC DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WAS ABLE TO PROVIDE SCHOOL ADMNISTRATORS WITH FUNDS TO ENCOURAGE AND SUPPORT THEIR SCHOOL'S TEACHERS AND STAFF AND BUILD MORALE. EACH ADMINISTRATOR WAS ABLE TO USE THE GRANTED MONEY TO PROVIDE AN APPRECIATION EVENT AT THEIR SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER MISCELLANEOUS PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS R LONG CPA
ReturnHeader/ReturnTs02025-05-12T16:49:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
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