Civic Intelligence

Pike Township Educational Foundation Inc.

990 • Fiscal year 2023 • EIN 35-1836390

Jul 01, 2022 to Jun 30, 2023 • Filed on Dec 14, 2023

6901 N Zionsville RoadIndianapolis, IN 46268

(317) 387-2542

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.22x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

77th percentile

22%

Higher net margin than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

45th percentile

$40,898

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

50th percentile

4.6%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-18%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,667,586

Up $73,701 (+4.6%) from 2022

Net Assets

Up

$1,607,178

Up $61,322 (+4.0%) from 2022

Liabilities

Up

$60,408

Up $12,379 (+26%) from 2022

Revenue

Down

$273,430

Down $59,815 (-18%) from 2022

Expenses

Up

$212,108

Up $17,205 (+8.8%) from 2022

Net Income

Down

$61,322

Down $77,020 (-56%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $680,508Liabilities 2016: $37,352Net Assets 2016: $643,1562016Assets 2017: $744,640Liabilities 2017: $41,255Net Assets 2017: $703,3852017Assets 2018: $847,522Liabilities 2018: $28,784Net Assets 2018: $818,7382018Assets 2019: $1,036,653Liabilities 2019: $34,750Net Assets 2019: $1,001,9032019Assets 2020: $1,007,790Liabilities 2020: $39,085Net Assets 2020: $968,7052020Assets 2021: $1,448,014Liabilities 2021: $40,500Net Assets 2021: $1,407,5142021Assets 2022: $1,593,885Liabilities 2022: $48,029Net Assets 2022: $1,545,8562022Assets 2023: $1,667,586Liabilities 2023: $60,408Net Assets 2023: $1,607,1782023Assets 2024: $1,843,122Liabilities 2024: $71,240Net Assets 2024: $1,771,8822024Assets 2025: $1,933,174Liabilities 2025: $67,280Net Assets 2025: $1,865,8942025

Highlighted filing

2023

Assets$1,667,586
Liabilities$60,408
Net Assets$1,607,178

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2016: $120,684Expenses 2016: $233,089Net Income 2016: -$112,4052016Revenue 2017: $167,503Expenses 2017: $151,318Net Income 2017: $16,1852017Revenue 2018: $247,068Expenses 2018: $136,958Net Income 2018: $110,1102018Revenue 2019: $342,972Expenses 2019: $159,807Net Income 2019: $183,1652019Revenue 2020: $137,634Expenses 2020: $170,832Net Income 2020: -$33,1982020Revenue 2021: $615,118Expenses 2021: $176,309Net Income 2021: $438,8092021Revenue 2022: $333,245Expenses 2022: $194,903Net Income 2022: $138,3422022Revenue 2023: $273,430Expenses 2023: $212,108Net Income 2023: $61,3222023Revenue 2024: $402,169Expenses 2024: $237,465Net Income 2024: $164,7042024Revenue 2025: $351,107Expenses 2025: $257,095Net Income 2025: $94,0122025

Highlighted filing

2023

Revenue$273,430
Expenses$212,108
Net Income$61,322
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Dec 14, 2023
Return Version
2022v5.0
Gross Receipts
$316,087
Mission and Program Overview

Mission

To enhance the educational experience of every Pike student by providing resources for innovative, high quality approaches to education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,283,075$1,374,924▲ $91,849
Cash and Non-Interest-Bearing Accounts$306,681$287,533▼ $19,148
Accounts Receivable$3,129$4,129▲ $1,000
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,593,885$1,667,586▲ $73,701
Other Assets Total$1,000$1,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$48,029$59,246▲ $11,217
Other Liabilities-$1,162-
Total Liabilities$48,029$60,408▲ $12,379
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,069,221$1,168,265▲ $99,044
Net Assets Without Donor Restrictions$476,635$438,913▼ $37,722
Total Net Assets Fund Balance$1,545,856$1,607,178▲ $61,322
Total Liabilities and Net Assets / Fund Balance$1,593,885$1,667,586▲ $73,701
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christie GrahamExecutive DirectorPT$40,898$40,898
Alison HanscomBoard MemberPT$3,990$3,990

Board Members and Trustees

NameTitle
Brandy MorrisPresident
Tory PattersonVice President
Ashley CuellarBoard Member
Frank RossBoard Member
Matt HoppBoard Member
Michael DownsBoard Member
Michelle RatcliffBoard Member
Robin LeslieBoard Member
Shannon RotvoldBoard Member
Martie HooferSecretary
Carmen ClarkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$136,886
Program Service Revenue
$0
Investment Income
$57,966
Other Revenue
$78,578
All Other Contributions
$136,886
Change in Net Assets
$61,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$128,027
Salaries, Compensation, and Employee Benefits$46,490
Other Expenses$37,591
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$64,283--$64,283
Grants to Domestic Individuals$63,744--$63,744
Current Officers, Directors, Trustees, and Key Employees-$44,888-$44,888
Fees for Service Investment Mgmnt Fees-$12,991-$12,991
Fees for Services Accounting-$7,835-$7,835
Information Technology-$5,727-$5,727
Insurance-$3,013-$3,013
Fees for Services Other-$2,217-$2,217
Payroll Taxes-$1,602-$1,602
Advertising-$1,030-$1,030
Other Expenses-$375-$375
Office Expenses-$291-$291
Conferences and Meetings-$209-$209
Total Functional Expenses$128,027$84,081$0$212,108
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MSD Pike TownshipIndianapolis, IN-Var awards, supporting innovation.$54,574
MSD Pike TownshipIndianapolis, IN-Celebrations! (honoring educators)$9,709
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$118,785
Fundraising Direct Expenses$42,657
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Treasures for Education$77,769$77,769$1,763$76,006
Golf Outings$39,279$39,279$14,234$25,045
Total Events$117,048$117,048$40,157$76,891
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$1,162
Governance and Compliance

Governance Checklist

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

Before filing, the 990 tax return is submitted to the Board of Directors for review in a regularly scheduled Board meeting. The treasurer is responsible for leading all inquiry and explanation related to the Form 990 along with the executive director.

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

The Board Members are required to review and sign the conflict of interest policy and disclose any conflicts on an annual basis or when a material change occurs.

Form 990, Part VI, Section B, Line 15A

The Board of Directors conduct an annual performance and salary review of the Executive Director. The Boards recommendations will be communicated to the Executive Director by the Board President.

Form 990, Part VI, Section C, Line 19

Governing Documents are available to the public through the PTEF Forum or upon request.

Filing and Contact Details

Filer

Filer Name
Pike Township Educational Foundation
EIN
35-1836390
Phone
3173872542
Address
6901 N Zionsville Road, Indianapolis, IN 46268

Signing Officer

Name
Brandy Morris
Title
President
Signed
2023-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandy Morris
Formed
1998
Legal Domicile
In
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
25

Preparer

Firm
Carolyn J Smith CPA
Address
8617 Log Run Dr S, Indianapolis, IN 46234
Preparer
Carolyn J Smith
Phone
3174397087
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