Civic Intelligence

Hammond Education Foundation Inc.

990 • Fiscal year 2013 • EIN 35-1572372

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 02, 2014

41 Williams Street46320

(219) 933-2400

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

56th percentile

$22,500

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

81st percentile

37%

Faster revenue growth than 81% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Up

$619,436

Up $107,249 (+21%) from 2012

Net Assets

Up

$619,436

Up $107,249 (+21%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$166,087

No earlier filing loaded for comparison.

Expenses

Down

$105,002

Down $17,403 (-14%) from 2012

Net Income

$61,085

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $437,803Liabilities 2011: $0Net Assets 2011: $437,8032011Assets 2012: $512,187Liabilities 2012: $0Net Assets 2012: $512,1872012Assets 2013: $619,436Liabilities 2013: $0Net Assets 2013: $619,4362013Assets 2014: $618,199Liabilities 2014: $4,349Net Assets 2014: $613,8502014Assets 2015: $608,996Liabilities 2015: $4,529Net Assets 2015: $604,4672015Assets 2017: $641,389Liabilities 2017: $0Net Assets 2017: $641,3892017Assets 2018: $682,566Liabilities 2018: $4,943Net Assets 2018: $677,6232018Assets 2019: $670,114Liabilities 2019: $6,868Net Assets 2019: $663,2462019Assets 2020: $682,190Liabilities 2020: $7,166Net Assets 2020: $675,0242020Assets 2021: $812,735Liabilities 2021: $579Net Assets 2021: $812,1562021Assets 2022: $846,315Liabilities 2022: $0Net Assets 2022: $846,3152022Assets 2023: $944,577Liabilities 2023: $0Net Assets 2023: $944,5772023Assets 2024: $1,025,268Liabilities 2024: $0Net Assets 2024: $1,025,2682024

Highlighted filing

2013

Assets$619,436
Liabilities$0
Net Assets$619,436

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $88,731Expenses 2011: $73,480Net Income 2011: $15,2512011Expenses 2012: $122,4052012Revenue 2013: $166,087Expenses 2013: $105,002Net Income 2013: $61,0852013Revenue 2014: $165,167Expenses 2014: $171,640Net Income 2014: -$6,4732014Revenue 2015: $195,966Expenses 2015: $168,764Net Income 2015: $27,2022015Revenue 2017: $186,918Expenses 2017: $192,446Net Income 2017: -$5,5282017Revenue 2018: $203,747Expenses 2018: $193,172Net Income 2018: $10,5752018Revenue 2019: $154,826Expenses 2019: $163,430Net Income 2019: -$8,6042019Revenue 2020: $143,662Expenses 2020: $129,901Net Income 2020: $13,7612020Revenue 2021: $149,064Expenses 2021: $128,660Net Income 2021: $20,4042021Revenue 2022: $359,319Expenses 2022: $123,802Net Income 2022: $235,5172022Revenue 2023: $194,748Expenses 2023: $177,044Net Income 2023: $17,7042023Revenue 2024: $152,867Expenses 2024: $146,693Net Income 2024: $6,1742024

Highlighted filing

2013

Revenue$166,087
Expenses$105,002
Net Income$61,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 2, 2014
Return Version
2013v3.0
Gross Receipts
$242,597
Mission and Program Overview

Mission

To further the educational opportunities for students and faculty members of the elementary, middle, and high schools of the school city of hammond.

Benefit the education of children in school city of hammond, indiana

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$408,430$473,512▲ $65,082
Cash and Non-Interest-Bearing Accounts$40,826$73,862▲ $33,036
Savings and Temporary Cash Investments$62,466$71,646▲ $9,180
Total Assets$512,187$619,436▲ $107,249
Other Assets Total$465$416▼ $49
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$495,033$599,573▲ $104,540
Temporarily Rstr Net Assets$17,154$19,863▲ $2,709
Total Net Assets Fund Balance$512,187$619,436▲ $107,249
Total Liabilities and Net Assets / Fund Balance$512,187$619,436▲ $107,249
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gail RodovichExecutive DirectorFT$22,500$22,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$115,412
Program Service Revenue
$0
Investment Income
$20,211
Other Revenue
$30,464
All Other Contributions
$107,912
Change in Net Assets
$61,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$64,545
Salaries, Compensation, and Employee Benefits$24,221
Other Expenses$16,236
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$64,545--$64,545
Current Officers, Directors, Trustees, and Key Employees-$22,500-$22,500
Advertising-$3,770-$3,770
Office Expenses-$2,436-$2,436
Insurance-$2,035-$2,035
Payroll Taxes-$1,721-$1,721
Conferences and Meetings$134$1,535-$1,669
Fees for Services Accounting-$800-$800
Other Expenses$415$537-$415
Fees for Services Other$58--$58
Total Functional Expenses$65,152$39,850$0$105,002
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---FUNDING INNOVATIVE LEARNING EXPERIENCES AND SUPPORTING THE SCHOOL CITY OF HAMMOND'S CONTINUOUS IMPROVEMENTS EFFORTS.$51,746
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,098
Fundraising Direct Expenses$16,634
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$47,098$47,098$16,634$30,464
Total Events$47,098$47,098$16,634$30,464
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11

A draft copy of the 990 is reviewed and approved by the full board prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are apprised annually of the conflict of interest policy and any potential conflict is reviewed by the board at it's monthly meetings.

Form 990, Part VI, Section B, Line 15

Wages and salary of staff are reviewed annually in conjunction with formation of the annual budget. The full board approves the budget annually.

Form 990, Part VI, Section C, Line 19

A written request must be received by the administrative office. The requested items will be mailed to the person or organization.

Filing and Contact Details

Filer

EIN
35-1572372
Phone
2199332400

Signing Officer

Name
Gail Rodovich
Title
Executive Director
Phone
2199332400
Signed
2014-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail Rodovich
Formed
1983
Legal Domicile
In
Voting Board Members
20
Independent Board Members
20
Employees
1
Volunteers
0

Preparer

Preparer
Timothy W Anderson
Phone
2198647300
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IRS990/MissionDesc0THE HAMMOND EDUCATION FOUNDATION, INC., IS A NOT-FOR-PROFIT ORGANIZATION OF DEDICATED VOLUNTEERS COMMITTED TO IMPROVING LEARNING AND TEACHING WITHIN THE SCHOOL CITY OF HAMMOND INDIANA.
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IRS990/NetUnrlzdGainsLossesInvstAmt046164
IRS990/NoncashContributionsAmt06014
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02436
IRS990/OfficeExpensesGrp/TotalAmt02436
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0465
IRS990/OtherAssetsTotalGrp/EOYAmt0416
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LICENSE AND FEES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2AWARDS AND GIFTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04516
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1537
IRS990/OtherExpensesGrp/ProgramServicesAmt0415
IRS990/OtherExpensesGrp/TotalAmt04516
IRS990/OtherExpensesGrp/TotalAmt1537
IRS990/OtherExpensesGrp/TotalAmt2415
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01721
IRS990/PayrollTaxesGrp/TotalAmt01721
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GAIL RODOVICH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL GRANTS MADE TO THE CITY OF HAMMOND PUBLIC SCHOOLS FOR SPECIAL IN-SCHOOL PROGRAMS THAT PROMOTE INNOVATIVE LEARNING EXPERIENCES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06572
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06572
IRS990/ProgSrvcAccomActy3Grp/Desc0OAK TREE GRANTS - COME AND READ WITH ME PROGRAM, YOUNG AUTHORS, AND SUCCESS MAGNETS. PROGRAMS TO ENCOURAGE STUDENTS IN THE HAMMOND PUBLIC SCHOOL SYSTEM TO READ, WRITE, AND CONTINUE THEIR EDUCATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt020669
IRS990/ProgSrvcAccomActy3Grp/GrantAmt020669
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FUNDING OTHER PROGRAMS IN THE HAMMOND PUBLIC SCHOOL SYSTEM TO ENCOURAGE INNOVATIVE LEARNING AND TO SUPPORT THE SCHOOL CITY OF HAMMOND'S CONTINUOUS IMPROVEMENT EFFORTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt021691
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt021084
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0129994
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt087702
IRS990/PYInvestmentIncomeAmt04642
IRS990/PYOtherExpensesAmt015326
IRS990/PYOtherRevenueAmt010607
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt022838
IRS990/PYSalariesCompEmpBnftPaidAmt019377
IRS990/PYTotalExpensesAmt0122405
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0145243
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt061085
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062466
IRS990/SavingsAndTempCashInvstGrp/EOYAmt071646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0115412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0122720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt069288
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt058768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt060024
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0426212
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020211
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04642
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010905
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04199
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05974
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt045931
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt025253
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt026540
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019213
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013615
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05220
IRS990ScheduleA/OtherIncome170Grp/TotalAmt089841
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53460
IRS990ScheduleA/PublicSupportPY170Pct00.53550
IRS990ScheduleA/PublicSupportTotal170Amt0300457
IRS990ScheduleA/SubstantialContributorsTotAmt0125755
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0115412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0122720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt069288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt058768
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt060024
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0426212
IRS990ScheduleA/TotalSupportAmt0561984
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016634
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047098
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt047098
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt047098
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt047098
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0ANNUAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt030464
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016634
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016634
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt051746
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING INNOVATIVE LEARNING EXPERIENCES AND SUPPORTING THE SCHOOL CITY OF HAMMOND'S CONTINUOUS IMPROVEMENTS EFFORTS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10CITY OF HAMMOND PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1041 WILLIAMS STREET
IRS990ScheduleI/RecipientTable/USAddress/City0HAMMOND
IRS990ScheduleI/RecipientTable/USAddress/State0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode046320
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 IS REVIEWED AND APPROVED BY THE FULL BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE APPRISED ANNUALLY OF THE CONFLICT OF INTEREST POLICY AND ANY POTENTIAL CONFLICT IS REVIEWED BY THE BOARD AT IT'S MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WAGES AND SALARY OF STAFF ARE REVIEWED ANNUALLY IN CONJUNCTION WITH FORMATION OF THE ANNUAL BUDGET. THE FULL BOARD APPROVES THE BUDGET ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A WRITTEN REQUEST MUST BE RECEIVED BY THE ADMINISTRATIVE OFFICE. THE REQUESTED ITEMS WILL BE MAILED TO THE PERSON OR ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00

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