Civic Intelligence

The Gibault Foundation Inc

EIN 35-1718781 • 501(c)3 • Terre Haute, IN

View Organization Page

Profile

Provide support to Gibault, Inc. (a 501(c)(3) organization).

PO Box 10355Terre Haute, IN 47801-0355
Siviq Scores

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

Liabilities / Assets

22nd percentile

0.03x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.31x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

18th percentile

-8.6%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$376,069

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

23rd percentile

-2.1%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-83%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Down

$32,717,269

Down $684,840 (-2.1%) from 2023

Liabilities

Down

$1,013,693

Down $829,211 (-45%) from 2023

Net Assets

Up

$31,703,576

Up $144,371 (+0.5%) from 2023

Operations
Liabilities / Revenue53rd percentileNet Margin18th percentile

Revenue

Down

$3,295,000

Down $15,758,901 (-83%) from 2023

Expenses

Up

$3,576,732

Up $1,703,559 (+91%) from 2023

Net Income

Down

-$281,732

Down $17,462,460 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$40M$30M$20M$10M$0Assets 2020: $16,156,672Liabilities 2020: $2,026,796Net Assets 2020: $14,129,8762020Assets 2021: $16,823,489Liabilities 2021: $1,739,555Net Assets 2021: $15,083,9342021Assets 2022: $15,146,507Liabilities 2022: $1,441,446Net Assets 2022: $13,705,0612022Assets 2023: $33,402,109Liabilities 2023: $1,842,904Net Assets 2023: $31,559,2052023Assets 2024: $32,717,269Liabilities 2024: $1,013,693Net Assets 2024: $31,703,5762024

Highlighted filing

2024

Assets$32,717,269
Liabilities$1,013,693
Net Assets$31,703,576
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2020: $1,128,177Expenses 2020: $1,337,283Net Income 2020: -$209,1062020Revenue 2021: $2,060,951Expenses 2021: $1,346,430Net Income 2021: $714,5212021Revenue 2022: $1,538,957Expenses 2022: $1,337,880Net Income 2022: $201,0772022Revenue 2023: $19,053,901Expenses 2023: $1,873,173Net Income 2023: $17,180,7282023Revenue 2024: $3,295,000Expenses 2024: $3,576,732Net Income 2024: -$281,7322024

Highlighted filing

2024

Revenue$3,295,000
Expenses$3,576,732
Net Income-$281,732
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$32,717,269
Liabilities
$1,013,693
Net assets
$31,703,576
Revenue
$3,295,000
Expenses
$3,576,732
Net income
-$281,732
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$1.01$31.7$3.30$3.58$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.4$1.84$31.6$19.1$1.87$17.2
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$1.44$13.7$1.54$1.34$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$1.74$15.1$2.06$1.35$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$2.03$14.1$1.13$1.34$0.21
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$6,853,610
Mission and Program Overview

Mission

Provide support to Gibault, Inc. and its related not-for-profit affiliated corporations which qualify under Section 501(c)(3) of the Internal Revenue Service code.

Provide support to Gibault, Inc. (a 501(c)(3) organization).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,759,113$10,112,674▲ $1,353,561
Land, Buildings, and Equipment, Net$6,677,183$6,352,012▼ $325,171
Savings and Temporary Cash Investments$489,005$117,509▼ $371,496
Investments Other Securities$79,549$83,123▲ $3,574
Accounts Receivable$21,138$20,528▼ $610
Total Assets$16,156,672$16,823,489▲ $666,817
Other Assets Total$130,684$137,643▲ $6,959
Liabilities
Other Liabilities$1,881,179$1,720,504▼ $160,675
Accounts Payable and Accrued Expenses$145,617$19,051▼ $126,566
Total Liabilities$2,026,796$1,739,555▼ $287,241
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,073,199$14,895,378▲ $822,179
Net Assets With Donor Restrictions$56,677$188,556▲ $131,879
Total Net Assets Fund Balance$14,129,876$15,083,934▲ $954,058
Total Liabilities and Net Assets / Fund Balance$16,156,672$16,823,489▲ $666,817

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,772,100$11,530,815$17,302,915
Leasehold Improvements$0$885,818$885,818
Land$579,912-$579,912

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$9,628,643$131,069▲ $1,041,426-$10,629,649
2020$9,559,092$1,124▲ $277,299-$9,628,643
2019$9,443,809$3,078▲ $293,362-$9,559,092
2018$8,627,145$152,417▲ $831,602-$9,443,809
2017$8,162,600$86,562▲ $531,251-$8,627,145
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Robert LynchPresident
Doug AdamsVice President
Craig HanusinDirector
Michele MadleyCEO
Paul ZielinskiSecretary
Jeffrey R GuentherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$131,878
Program Service Revenue
$825,000
Investment Income
$1,037,277
Other Revenue
$66,796
All Other Contributions
$131,878
Change in Net Assets
$714,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,014,293
Revenue Not Reported on Financial Statements
$46,658
Revenue Not Reported on Form 990
$239,537
Total Revenue per Audited Statements
$2,253,830
Total Revenue per Form 990
$2,060,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$850,000
Other Expenses$496,430
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$850,000--$850,000
Depreciation Depletion$325,171--$325,171
Interest-$53,424-$53,424
Fees for Service Investment Mgmnt Fees-$46,658-$46,658
Fees for Services Management-$25,000-$25,000
Other Expenses-$6,863-$6,863
Total Functional Expenses$1,175,171$171,259$0$1,346,430

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,346,430
Expenses per Audited Statements$1,299,772
Total Expenses per Audited Statements$1,299,772
Expenses Not Reported on Financial Statements$46,658
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Gibault IncTerre Haute, IN-To provide operating support.$850,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds Payable$1,443,022
Annuity Liabilities$212,745
Due to/From related party$64,737
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 2

“Line 2 explanation - Business Relationship - Michele Madley is a key employee and the President/CEO of a related party - Gibault, Inc.; Additionally, board members Doug Adams, Craig Hanusin, Paul Zielinski and Robert Lynch were also board members of a related company - Gibault, Inc. Additionally, board members Jeff Guenther and Robert Lynch are also a board members of Gibault Care Inc., a related company.”

Form 990, Part VI, Section A, line 3

“Line 3 explanation - The Foundation through a management contract with a related company (Gibault, Inc.), contracted out the daily management function of the organization. This included the daily accounting and administrative services. The Foundation has no employees and relies on the management contract for these services.”

Form 990, Part VI, Section B, line 11B

“Line 11b Explanation - Board of Directors does not review 990; Chief Financial Officer of related company - Gibault, Inc. - reviews prior to submission.”

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

“Annual requirement to update conflict of interest policy as administered by the Human Resources department. Conflict of interest policy sign off form maintained in employee/director personnel file.”

Form 990, Part VI, Section C, line 19

“Chief Financial Officer maintains all pertinent documents which may be obtained upon request.”

Part VI, Section B, Line 15A and 15B

“The Foundation does not have any employees. The Foundation purchases accounting and administrative support from a related company through a management contract. The Foundation does have a Chief Executive Officer (CEO) that is elected by the board of directors. Annual review of the CEO is performed by the board of directors.”

Filing and Contact Details

Filer

Filer Name
The Gibault Foundation Inc
EIN
35-1718781
Phone
8122983201
Address
PO Box 10355, Terre Haute, IN 47801-0355

Signing Officer

Name
Amy Atchley
Title
CFO
Phone
8122983201
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Guenther
Formed
1987
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Sackrider & Company Inc
Address
1925 Wabash Ave, Terre Haute, IN 47807
Preparer
Craig A Todd CPA
Phone
8122329492
Supplemental Narrative

Additional Explanations

Part XII, Line 2(C)

“Gibault, Inc. has established an audit committee for the oversight of the audit and selection of the independent auditors.”

Financial Statement Notes

Part V, Line 4:

“The Gibault Foundation, Inc. is a supporting organization whose purpose is to support Gibault, Inc. At least annually, Gibault Foundation transfers investment income from the endowment pool to Gibault, Inc. to be used for supporting Gibault, Inc.'s programs and activities. Additional funds may also be transferred as needs arise by Gibault, Inc.”

Raw XML AppendixShowing 400 of 534 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Desc0The Gibault Foundation, Inc. is dedicated to benefiting, servicing, and solely supporting Gibault, Inc. ( a Not-for-Profit 501(c)(3) organization). The Foundation contributes to Gibault, Inc. for programs and operations.
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IRS990/ProgSrvcAccomActy2Grp/Desc0In support of Gibault Inc.'s future growth, development, and financial well-being, the Foundation owns and maintains the buildings, land and land improvements. The buildings are leased by Gibault, Inc. for various programs. Depreciation expense was $325,171 in 2021. Additionally, the Foundation paid interest expense to a local bank related to a bond issue incurred to renovate existing buildings. Interest paid during 2021 was $53,424.
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0714521
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01104073
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0489005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117509
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0350868093
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0850000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Gibault Inc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0850000
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
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.98381
IRS990ScheduleD/BuildingsGrp/BookValueAmt05772100
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011530815
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017302915
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt045958
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt09628643
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0131069
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010629649
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0125531
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01041426
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt039664
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt09559092
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01124
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt09628643
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0169208
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0277299
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt044031
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt09443809
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt03078
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt09559092
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0137126
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0293362
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt037096
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt08627145
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0152417
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt09443809
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0130259
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0831602
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt029954
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08162600
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt086562
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt08627145
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0123314
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0531251
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt046658
IRS990ScheduleD/ExpensesSubtotalAmt01299772
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt046658
IRS990ScheduleD/InvestmentExpensesNotIncldAmt046658
IRS990ScheduleD/LandGrp/BookValueAmt0579912
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0579912
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0885818
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0885818
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0239537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0212745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11443022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt264737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Annuity Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Bonds Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to/From related party
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.01619
IRS990ScheduleD/RevenueNotReportedAmt0239537
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt046658
IRS990ScheduleD/RevenueSubtotalAmt02014293
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Gibault Foundation, Inc. is a supporting organization whose purpose is to support Gibault, Inc. At least annually, Gibault Foundation transfers investment income from the endowment pool to Gibault, Inc. to be used for supporting Gibault, Inc.'s programs and activities. Additional funds may also be transferred as needs arise by Gibault, Inc.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06352012
IRS990ScheduleD/TotalExpensesPerForm990Amt01346430
IRS990ScheduleD/TotalLiabilityAmt01720504
IRS990ScheduleD/TotalRevenuePerForm990Amt02060951
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02253830
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01299772
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0850000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To provide operating support.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Gibault Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0350868093
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06401 S US Hwy 41
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Terre Haute
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd047802
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0218632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt06637
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08754
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt06249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Michele Madley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0240272
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Line 2 explanation - Business Relationship - Michele Madley is a key employee and the President/CEO of a related party - Gibault, Inc.; Additionally, board members Doug Adams, Craig Hanusin, Paul Zielinski and Robert Lynch were also board members of a related company - Gibault, Inc. Additionally, board members Jeff Guenther and Robert Lynch are also a board members of Gibault Care Inc., a related company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Line 3 explanation - The Foundation through a management contract with a related company (Gibault, Inc.), contracted out the daily management function of the organization. This included the daily accounting and administrative services. The Foundation has no employees and relies on the management contract for these services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 11b Explanation - Board of Directors does not review 990; Chief Financial Officer of related company - Gibault, Inc. - reviews prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Annual requirement to update conflict of interest policy as administered by the Human Resources department. Conflict of interest policy sign off form maintained in employee/director personnel file.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Chief Financial Officer maintains all pertinent documents which may be obtained upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Gibault, Inc. has established an audit committee for the oversight of the audit and selection of the independent auditors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Foundation does not have any employees. The Foundation purchases accounting and administrative support from a related company through a management contract. The Foundation does have a Chief Executive Officer (CEO) that is elected by the board of directors. Annual review of the CEO is performed by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part XII, Line 2(c)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI, Section B, Line 15a and 15b
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

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