Civic Intelligence

Washington Township Schools Foundation Inc.

990 • Fiscal year 2018 • EIN 31-1146508

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

Organization ProfileWWW.ADVANCEMENTCENTERWTS.ORG
8550 Woodfield Crossing BlvdIndianapolis, IN 46240

(317) 845-9400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

73rd percentile

$111,590

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets20th percentile

Assets

$3,431,765

No earlier filing loaded for comparison.

Net Assets

$3,423,541

No earlier filing loaded for comparison.

Liabilities

$8,224

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin77th percentile

Revenue

$839,505

No earlier filing loaded for comparison.

Expenses

$672,535

No earlier filing loaded for comparison.

Net Income

$166,970

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $3,431,765Liabilities 2018: $8,224Net Assets 2018: $3,423,5412018Assets 2019: $3,461,520Liabilities 2019: $6,371Net Assets 2019: $3,455,1492019Assets 2020: $3,499,389Liabilities 2020: $38,814Net Assets 2020: $3,460,5752020Assets 2021: $4,676,958Liabilities 2021: $5,970Net Assets 2021: $4,670,9882021Assets 2022: $5,063,661Liabilities 2022: $16,720Net Assets 2022: $5,046,9412022Assets 2023: $5,301,609Liabilities 2023: $103,382Net Assets 2023: $5,198,2272023Assets 2024: $6,486,155Liabilities 2024: $116,974Net Assets 2024: $6,369,1812024Assets 2025: $7,270,280Liabilities 2025: $67,571Net Assets 2025: $7,202,7092025

Highlighted filing

2018

Assets$3,431,765
Liabilities$8,224
Net Assets$3,423,541
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2018: $839,505Expenses 2018: $672,535Net Income 2018: $166,9702018Revenue 2019: $707,790Expenses 2019: $680,975Net Income 2019: $26,8152019Revenue 2020: $646,562Expenses 2020: $658,823Net Income 2020: -$12,2612020Revenue 2021: $972,085Expenses 2021: $771,050Net Income 2021: $201,0352021Revenue 2022: $1,291,109Expenses 2022: $914,138Net Income 2022: $376,9712022Revenue 2023: $1,211,743Expenses 2023: $1,169,215Net Income 2023: $42,5282023Revenue 2024: $1,621,787Expenses 2024: $1,083,798Net Income 2024: $537,9892024Revenue 2025: $1,315,549Expenses 2025: $1,090,874Net Income 2025: $224,6752025

Highlighted filing

2018

Revenue$839,505
Expenses$672,535
Net Income$166,970
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,021,424
Mission and Program Overview

Mission

The wtsf connects private funding, community, and alumni with washington township schools to support and enhance the educational experiences of its k-12 students.

Advancing the achievements of world-class public education by connecting private funding to innovative programs that benefit our schools and community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,168,074$3,335,289▲ $167,215
Savings and Temporary Cash Investments$57,693$94,332▲ $36,639
Prepaid Expenses and Deferred Charges$2,144$2,144→ $0
Total Assets$3,227,911$3,431,765▲ $203,854
Liabilities
Accounts Payable and Accrued Expenses$1,007$4,600▲ $3,593
Other Liabilities$546,409$3,624▼ $542,785
Total Liabilities$547,416$8,224▼ $539,192
Net Assets / Fund Balance
Permanently Rstr Net Assets-$2,730,625-
Unrestricted Net Assets$2,680,495$666,666▼ $2,013,829
Temporarily Rstr Net Assets-$26,250-
Total Net Assets Fund Balance$2,680,495$3,423,541▲ $743,046
Total Liabilities and Net Assets / Fund Balance$3,227,911$3,431,765▲ $203,854

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,605,399$69,348▲ $190,155-$2,730,625
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleBaseTotal
Shawn CollinsworthPresident/ce$111,590$111,590

Board Members and Trustees

NameTitle
Dan BootsChair
Justin ArmstrongChair Elect
Greg AkersAlumni Comm.
Claire BollesCommunity Rl
Susan RossDevlpt. Comm
Kipper TewFinance Comm
James LootensGrant/sclshp
Stu RhodesGvrnce Comm.
Ashley ButzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$716,886
Program Service Revenue
$0
Investment Income
$48,820
Other Revenue
$73,799
All Other Contributions
$671,886
Change in Net Assets
$166,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$839,505
Revenue Not Reported on Form 990
$9,831
Total Revenue per Audited Statements
$849,336
Total Revenue per Form 990
$839,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$368,631
Salaries, Compensation, and Employee Benefits$212,836
Total Fundraising Expense$178,262
Other Expenses$91,068
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$339,133--$339,133
Other Salaries and Wages$2,892$28,757$165,911$197,560
Grants to Domestic Individuals$29,498--$29,498
Advertising-$19,108-$19,108
Payroll Taxes$206$3,280$11,790$15,276
Fees for Services Other-$9,471-$9,471
All Other Expenses$1,652$2,752$561$4,965
Other Expenses$4,500$2,768-$2,768
Insurance-$1,919-$1,919
Conferences and Meetings-$299-$299
Office Expenses-$254-$254
Total Functional Expenses$378,131$116,142$178,262$672,535

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$672,535
Total Expenses per Audited Statements$672,535
Total Expenses per Form 990$672,535
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Washington Twsp SchoolsIndianapolis, IN-Facilitate Education$339,133
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$127,312
Fundraising Direct Expenses$53,513
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bash Dinner$81,605$81,605$28,428$53,177
Special Events$55,557$10,557$1,679$8,878
Total Events$170,572$125,572$52,355$73,217
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,624
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Tax return is approved in the consent agenda at the board meeting prior to the filing due date.”

Form 990, Page 6, Part VI, Line 12C

“Officers and directors are required to read and confirm that they understand the conflicts of interest policy. The board of directors has decided to make the annual disclosure of interests a part of their board meeting agena. They intend to follow up on disclosure at least annually.”

Form 990, Page 6, Part VI, Line 19

“The foundation provides copies of the financial statements upon request.”

Filing and Contact Details

Filer

Filer Name
The Advancement Center for
EIN
31-1146508
Phone
3178459400
Address
8550 WOODFIELD CROSSING BLVD, INDIANAPOLIS, IN 46240

Signing Officer

Name
Kipper Tew
Title
Finance Comm. Chair
Phone
3178459400
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kipper Tew
Formed
1984
Legal Domicile
In
Voting Board Members
27
Independent Board Members
27
Employees
4
Volunteers
125

Preparer

Firm
Cox Beckman Goss & Company
Address
7440 N SHADELAND AVENUE SUITE 210, INDIANAPOLIS, IN 46250-2027
Preparer
David R Goss CPA
Phone
3175450845
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteers assist with events throughout the year.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“To provide financial support for educational services and post secondary scholarships for washington township schools and north central alumni.”

Schedule D, Page 3, Part X

“The organization is subject to audit by federal, state or local authorities in the areas of income taxes. Along with a federal tax filing, the organization files in the state of indiana. The organization's federal income tax returns for the years 2015 through 2018 are subject to examination by the applicable tax authorities, generally for three years after the later of the original or extended due date. These audits could include questioning the organization's tax-exempt status and compliance with federal , state, and local tax laws. Management is not aware of any tax positions that are more likely than not to change in the next twelve months or that would not sustain an examination by applicable taxing authorities. Therefore, there is no effect recorded in these financial statements for assets or liabilities resulting from unrecognized tax benefits.”

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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02892
IRS990/OtherSalariesAndWagesGrp/TotalAmt0197560
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt011790
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03280
IRS990/PayrollTaxesGrp/ProgramServicesAmt0206
IRS990/PayrollTaxesGrp/TotalAmt015276
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02730625
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02144
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02144
IRS990/PrincipalOfficerNm0KIPPER TEW
IRS990/PriorPeriodAdjustmentsAmt0566245
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0448421
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0383877
IRS990/PYInvestmentIncomeAmt086116
IRS990/PYOtherExpensesAmt081897
IRS990/PYOtherRevenueAmt062095
IRS990/PYProgramServiceRevenueAmt03850
IRS990/PYRevenuesLessExpensesAmt0-89465
IRS990/PYSalariesCompEmpBnftPaidAmt0224173
IRS990/PYTotalExpensesAmt0689947
IRS990/PYTotalRevenueAmt0600482
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0166970
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt057693
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094332
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0716886
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0448421
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0531775
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0453044
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0450884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02601010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07412
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027981
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt033468
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt069066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0127312
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0121384
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0145879
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0132591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0132596
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0659762
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07412
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027981
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt033468
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0121
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt069066
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97930
IRS990ScheduleA/PublicSupportPY509Pct00.97720
IRS990ScheduleA/PublicSupportTotal509Amt03260772
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0844198
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0569805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0677654
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0585635
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0583480
IRS990ScheduleA/Total509Grp/TotalAmt03260772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0851610
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0597786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0711122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0585756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0583564
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03329838
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt020687
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02605399
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt069348
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02730625
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0113590
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0190155
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0672535
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt09831
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt09831
IRS990ScheduleD/RevenueSubtotalAmt0839505
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE FINANCIAL SUPPORT FOR EDUCATIONAL SERVICES AND POST SECONDARY SCHOLARSHIPS FOR WASHINGTON TOWNSHIP SCHOOLS AND NORTH CENTRAL ALUMNI.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS SUBJECT TO AUDIT BY FEDERAL, STATE OR LOCAL AUTHORITIES IN THE AREAS OF INCOME TAXES. ALONG WITH A FEDERAL TAX FILING, THE ORGANIZATION FILES IN THE STATE OF INDIANA. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS FOR THE YEARS 2015 THROUGH 2018 ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. THESE AUDITS COULD INCLUDE QUESTIONING THE ORGANIZATION'S TAX-EXEMPT STATUS AND COMPLIANCE WITH FEDERAL , STATE, AND LOCAL TAX LAWS. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT TWELVE MONTHS OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. THEREFORE, THERE IS NO EFFECT RECORDED IN THESE FINANCIAL STATEMENTS FOR ASSETS OR LIABILITIES RESULTING FROM UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt0672535
IRS990ScheduleD/TotalLiabilityAmt03624
IRS990ScheduleD/TotalRevenuePerForm990Amt0839505
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0849336
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0672535
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt045000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt045000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt052355
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BASH DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt081605
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt055557
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt033410
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0170572
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt081605
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010557
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt033410
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0125572
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt073217
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt022248
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt052355
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt028428
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01679
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015098
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt114400
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ENDOWMENT DISBURSEMENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/CashGrantAmt0339133
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FACILITATE EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WASHINGTON TWSP SCHOOLS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0VARIOUS SCHOOL LOCATIONS
IRS990ScheduleI/RecipientTable/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046240
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL RECIPIENTS ARE REQUIRED TO SUBMIT PICTURES OF THEIR GRANT WITH THE FINAL REPORT OF THEIR PROJECT WITHIN 12 MONTHS OF THEIR AWARD. THE FINAL REPORT MUST INCLUDE A FINAL ACCOUNTING OF THE GRANT. GRANTS OF 2,500 AND ABOVE ARE ADMINISTERED TRHOUGH THE CEC BUSINESS OFFICE. ALL OTHERS ARE ADMINISTERED AT THE RECIPIENT'S SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ASSIST WITH EVENTS THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURN IS APPROVED IN THE CONSENT AGENDA AT THE BOARD MEETING PRIOR TO THE FILING DUE DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS ARE REQUIRED TO READ AND CONFIRM THAT THEY UNDERSTAND THE CONFLICTS OF INTEREST POLICY. THE BOARD OF DIRECTORS HAS DECIDED TO MAKE THE ANNUAL DISCLOSURE OF INTERESTS A PART OF THEIR BOARD MEETING AGENA. THEY INTEND TO FOLLOW UP ON DISCLOSURE AT LEAST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION PROVIDES COPIES OF THE FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,431,765
Liabilities
$8,224
Net assets
$3,423,541
Revenue
$839,505
Expenses
$672,535
Net income
$166,970
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.27$0.07$7.20$1.32$1.09$0.22
2024Detailed filing. Detailed filing data is available for this year.$6.49$0.12$6.37$1.62$1.08$0.54
2023Detailed filing. Detailed filing data is available for this year.$5.30$0.10$5.20$1.21$1.17$0.04
2022Detailed filing. Detailed filing data is available for this year.$5.06$0.02$5.05$1.29$0.91$0.38
2021Detailed filing. Detailed filing data is available for this year.$4.68$0.01$4.67$0.97$0.77$0.20
2020Detailed filing. Detailed filing data is available for this year.$3.50$0.04$3.46$0.65$0.66$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.46$0.01$3.46$0.71$0.68$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.43$0.01$3.42$0.84$0.67$0.17