Civic Intelligence

Wayne Township Education Foundation Inc

EIN 35-1836690 • 501(c)3 • Indianapolis, IN

Profile

The wayne township education foundation provides community leadership to enrich, engage, and stimulate teaching and learning in metropolitan school district of wayne township by supporting school programs and resources, while recognizing excellence.

1155 S High School RoadIndianapolis, IN 46241

wtef.wayne.k12.in.us

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

32nd percentile

0.01x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

58th percentile

8.6%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$72,978

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

52nd percentile

4.1%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$2,537,042

Up $98,955 (+4.1%) from 2024

Liabilities

Down

$5,988

Down $599 (-9.1%) from 2024

Net Assets

Up

$2,531,054

Up $99,554 (+4.1%) from 2024

Operations
Liabilities / Revenue32nd percentileNet Margin58th percentile

Revenue

Up

$405,780

Up $41,393 (+11%) from 2024

Expenses

Up

$370,911

Up $34,170 (+10%) from 2024

Net Income

Up

$34,869

Up $7,223 (+26%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2017: $1,747,363Liabilities 2017: $2,361Net Assets 2017: $1,745,0022017Assets 2018: $1,788,494Liabilities 2018: $376Net Assets 2018: $1,788,1182018Assets 2019: $1,775,941Liabilities 2019: $277Net Assets 2019: $1,775,6642019Assets 2020: $1,739,603Liabilities 2020: $188Net Assets 2020: $1,739,4152020Assets 2021: $2,280,032Liabilities 2021: $1,964Net Assets 2021: $2,278,0682021Assets 2022: $2,220,323Liabilities 2022: $2,509Net Assets 2022: $2,217,8142022Assets 2023: $2,230,735Liabilities 2023: $2,759Net Assets 2023: $2,227,9762023Assets 2024: $2,438,087Liabilities 2024: $6,587Net Assets 2024: $2,431,5002024Assets 2025: $2,537,042Liabilities 2025: $5,988Net Assets 2025: $2,531,0542025

Highlighted filing

2025

Assets$2,537,042
Liabilities$5,988
Net Assets$2,531,054
Open 2025 Filing

Operations Trend

Revenue Growth57th percentile

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

$600K$400K$200K$0-$200KRevenue 2017: $214,174Expenses 2017: $250,382Net Income 2017: -$36,2082017Revenue 2018: $279,337Expenses 2018: $286,349Net Income 2018: -$7,0122018Revenue 2019: $241,051Expenses 2019: $274,416Net Income 2019: -$33,3652019Revenue 2020: $280,806Expenses 2020: $218,471Net Income 2020: $62,3352020Revenue 2021: $450,826Expenses 2021: $298,036Net Income 2021: $152,7902021Revenue 2022: $338,965Expenses 2022: $287,333Net Income 2022: $51,6322022Revenue 2023: $318,956Expenses 2023: $317,770Net Income 2023: $1,1862023Revenue 2024: $364,387Expenses 2024: $336,741Net Income 2024: $27,6462024Revenue 2025: $405,780Expenses 2025: $370,911Net Income 2025: $34,8692025

Highlighted filing

2025

Revenue$405,780
Expenses$370,911
Net Income$34,869
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,537,042
Liabilities
$5,988
Net assets
$2,531,054
Revenue
$405,780
Expenses
$370,911
Net income
$34,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.54$0.01$2.53$0.41$0.37$0.03
2024Detailed filing. Detailed filing data is available for this year.$2.44$0.01$2.43$0.36$0.34$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.32$0.32$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$0.34$0.29$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.00$2.28$0.45$0.30$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.28$0.22$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.24$0.27$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.28$0.29$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.21$0.25$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 18, 2025
Return Version
2024v5.2
Gross Receipts
$416,570
Mission and Program Overview

Mission

The wayne township education foundation provides community leadership to enrich, engage, and stimulate teaching and learning in metropolitan school district of wayne township by supporting school programs and resources, while recognizing excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$37,945$34,938▼ $3,007
Cash and Non-Interest-Bearing Accounts$21,859$22,007▲ $148
Accounts Receivable-$3,238-
Total Assets$2,438,087$2,537,042▲ $98,955
Other Assets Total$2,378,283$2,476,859▲ $98,576
Liabilities
Accounts Payable and Accrued Expenses$6,587$5,988▼ $599
Total Liabilities$6,587$5,988▼ $599
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,743,384$1,803,674▲ $60,290
Net Assets With Donor Restrictions$688,116$727,380▲ $39,264
Total Net Assets Fund Balance$2,431,500$2,531,054▲ $99,554
Total Liabilities and Net Assets / Fund Balance$2,438,087$2,537,042▲ $98,955

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,476,859--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,378,285$20,694▲ $214,063$18,543$2,476,859
2023$2,184,705$25,519▲ $301,911$18,043$2,378,285
2022$2,173,959$42,314▲ $91,514-$2,184,705
2021$2,236,887$52,208▼ $1,376-$2,173,959
2020$1,703,697$21,750▲ $595,379-$2,236,887
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lisa BaizeExecutive DirectorPT$72,978$72,978

Board Members and Trustees

NameTitle
Ben BainPresident
Kristen DawnVice President
Angela BarnesBoard Member
Bart YorkBoard Member
Carolyn KahlBoard Member
Emilieann VargoBoard Member
Gabriela CabelloBoard Member
Jayne EdisonBoard Member
Jeannine TemplemanBoard Member
John RasmussenBoard Member
Joni LawlerBoard Member
Kanfing CamaraBoard Member
Maria WileyBoard Member
Mary LangBoard Member
Nina BrahmBoard Member
Susan GravesBoard Member
Tom LangdocBoard Member
Trent HinshawBoard Member
Virginia CortezBoard Member
William EsquivelBoard Member
Michelle StohlerSecretary
Diane WaltonTrasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$266,478
Program Service Revenue
$0
Investment Income
$149,692
Other Revenue
$-10,390
All Other Contributions
$236,938
Change in Net Assets
$34,869

Audited Revenue Reconciliation

Revenue per Audited Statements
$380,094
Revenue Not Reported on Financial Statements
$25,686
Revenue Not Reported on Form 990
$75,475
Total Revenue per Audited Statements
$455,569
Total Revenue per Form 990
$405,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$203,442
Salaries, Compensation, and Employee Benefits$108,647
Other Expenses$58,822
Total Fundraising Expense$38,463
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$156,897--$156,897
Current Officers, Directors, Trustees, and Key Employees$20,322$26,820$25,835$72,977
Grants to Domestic Individuals$46,545--$46,545
Other Salaries and Wages$7,556$9,972$9,606$27,134
Fees for Services Accounting-$9,501-$9,501
Payroll Taxes$2,377$3,137$3,022$8,536
Office Expenses-$8,291-$8,291
Fees for Service Investment Mgmnt Fees-$7,145-$7,145
Insurance-$4,945-$4,945
Information Technology-$4,503-$4,503
Advertising-$1,749-$1,749
Other Expenses$3,647$500-$500
Total Functional Expenses$237,344$95,104$38,463$370,911

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$370,911
Total Expenses per Audited Statements$356,015
Expenses per Audited Statements$345,225
Expenses Not Reported on Financial Statements$25,686
Expenses Not Reported on Form 990$10,790
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Msd Wayne TownshipIndianapolis, INIndiana Dept of EducTeacher Grants, Recognition, Program Funding$121,197
Donors ChooseNew York, NY501(c)(3)Teacher Grants$35,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,790
Fundraising Gross Income$400
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wayne Winter Games$11,393-$1,417-
Community Theater$18,546$400$9,373$-8,973
Total Events$29,939$400$10,790$-10,390
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
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
Yes
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 A, Line 4

“The board approved amended bylaws and updated their financial controls policy, confidentiality policy, and donor bill of rights in november of 2024.”

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

“The document is distributed electronically in advance of the next available board meeting. Board members are asked to review and submit questions in advance to the executive director and then she responds to these questions during the next board meeting.”

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

“The corporation's conflict of interest policy applies to all board members, committee members, staff, and their family members. Individuals must disclose any personal or family financial interests or gifts that could influence foundation decisions. The president initially reviews disclosures, and the board of directors determines whether a conflict exists and how it should be addressed. Persons with a conflict are prohibited from participating in related discussions or votes, and all actions are recorded in the minutes. Only nominal gifts consistent with good business ethics are permitted, and questions of interpretation are referred to the president.”

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

“Compensation is based on performance, years of service, and comparative salary survey information for similar organizations. The executive committee review this information and recommends the executive director salary as a component of the proposed annual budget. Officers do not receive compensation. Director of operations is part-time salaried, and the artistic director is paid an hourly rate based on wages with similar organizations.”

Form 990, Part VI, Section C, Line 19

“Policies are available upon request. Financial statements are included in annual report of organization.”

Filing and Contact Details

Filer

Filer Name
Wayne Township Education Foundation Inc
EIN
35-1836690
Phone
3179887966
Address
1155 S HIGH SCHOOL ROAD, INDIANAPOLIS, IN 46241

Signing Officer

Name
Lisa Baize
Title
Executive Director
Phone
3173900363
Signed
2025-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Baize
Formed
1991
Legal Domicile
In
Voting Board Members
17
Independent Board Members
17
Employees
3
Volunteers
100

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Abigail Hedges CPA
Phone
3177456411
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization's board of directors assumes the oversight of the audit and selection of an independent accountant. The selection and review process has not changed from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation received a determination from the internal revenue service stating it qualifies under the provisions of section 501(c)(3) of the internal revenue code as a tax-exempt organization; however, the foundation is subject to tax on any income unrelated to its tax-exempt purpose. For the years ended june 30, 2025 and 2024, no accounting for federal or state income taxes is required to be included in the accompanying financial statements. Professional accounting standards require the foundation to recognize a tax liability only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax liability that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax liability is recorded. The foundation examined this issue and determined there are no material contingent tax liabilities or questionable positions. The tax years ended after june 30, 2021 are open to audit for both federal and state purposes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 10,790.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 10,790.”

Raw XML AppendixShowing 400 of 617 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.

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IRS990/ActivityOrMissionDesc0THE WAYNE TOWNSHIP EDUCATION FOUNDATION PROVIDES COMMUNITY LEADERSHIP TO ENRICH, ENGAGE, AND STIMULATE TEACHING AND LEARNING IN METROPOLITAN SCHOOL DISTRICT OF WAYNE TOWNSHIP BY SUPPORTING SCHOOL PROGRAMS AND RESOURCES, WHILE RECOGNIZING EXCELLENCE.
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IRS990/Desc0LAST YEAR WE FUNDED JUST OVER 200 CLASSROOM AND SCHOOL PROGRAMS/PROJECTS/RESOURCES THROUGH OUR ANNUAL TEACHER GRANT PROGRAM. 150 TEACHERS BENEFITED FROM THE FUNDS AND IN-TURN PROVIDED NEW HANDS-ON EXPERIENCES AND MATERIALS TO ENRICH CLASSROOMS AND BRING THE CURRICULUM TO LIFE BENEFITING AN ESTIMATED 6,000 STUDENTS. ADDITIONAL INTENTIONAL GRANTS WERE AWARDED TO FUND LITERACY MENTORING, TEACHERS' TREASURES CLASSROOM SUPPLIES MEMBERSHIPS, TEACHER AND STUDENT RECOGNITION, AND SCIENCE CAMPS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0LISA BAIZE
IRS990/Form990PartVIISectionAGrp/PersonNm1BEN BAIN
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTEN DAWN
IRS990/Form990PartVIISectionAGrp/PersonNm3DIANE WALTON
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELLE STOHLER
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IRS990/Form990PartVIISectionAGrp/PersonNm7GABRIELA CABELLO
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IRS990/Form990PartVIISectionAGrp/PersonNm9VIRGINIA CORTEZ
IRS990/Form990PartVIISectionAGrp/PersonNm10JAYNE EDISON
IRS990/Form990PartVIISectionAGrp/PersonNm11WILLIAM ESQUIVEL
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IRS990/Form990PartVIISectionAGrp/PersonNm13TRENT HINSHAW
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IRS990/Form990PartVIISectionAGrp/PersonNm21MARIA WILEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990/MissionDesc0THE WAYNE TOWNSHIP EDUCATION FOUNDATION PROVIDES COMMUNITY LEADERSHIP TO ENRICH, ENGAGE, AND STIMULATE TEACHING AND LEARNING IN METROPOLITAN SCHOOL DISTRICT OF WAYNE TOWNSHIP BY SUPPORTING SCHOOL PROGRAMS AND RESOURCES, WHILE RECOGNIZING EXCELLENCE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0ACADEMIC COLLEGE SCHOLARSHIPS AWARDED BY WAYNE TOWNSHIP EDUCATION FOUNDATION (WTEF) HAVE BECOME A SIGNIFICANT PROGRAM AREA IN RECENT YEARS. THESE SCHOLARSHIPS ARE INTENDED TO PROVIDE BOTH RECOGNITION OF STUDENT ACHIEVEMENT AND MODEST SUPPORT FOR STUDENTS PURSUING SOME LEVEL OF POST-SECONDARY EDUCATION. WTEF MAINTAINS 29 ENDOWED FUNDS, 28 OF WHICH HAVE RESTRICTED PURPOSES AND 14 OF WHICH ARE DESIGNATED AS COLLEGE SCHOLARSHIPS. $46,545 WAS DISTRIBUTED IN SCHOLARSHIP FUNDS TO 37 STUDENTS. NEW THIS YEAR WERE 6 SCHOLARSHIPS AWARDED TO CURRENT METROPOLITAN SCHOOL DISTRICT OF WAYNE TOWNSHIP STAFF MEMBERS PURSUING A BACHELORS DEGREE IN EDUCATION. THESE SCHOLARSHIPS HAVE THE INTENTION OF ADDRESSING THE TEACHER STAFFING SHORTAGE BY "GROWING OUR OWN" TEACHERS FROM WITHIN.
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IRS990/ProgSrvcAccomActy3Grp/Desc0WITH SUPPORT FROM SEVERAL GRANT OPPORTUNITIES -- INDIANA ASSOCIATION OF PUBLIC EDUCATION FOUNDATIONS, HOOVER FAMILY FOUNDATION, AND IU HEALTH, WE SUPPORTED THE GIANTS MARKETPLACE FOOD PANTRY. GIANTS MARKETPLACE IS A SCHOOL-BASED FOOD PANTRY SERVICING FAMILIES WHOSE CHILDREN ARE ENROLLED IN THE METROPOLITAN SCHOOL DISTRICT (MSD) OF WAYNE TOWNSHIP. THIS PROGRAM IS DONE IN PARTNERSHIP WITH GLEANERS COMMUNITY FOOD BANK. CURRENTLY, GIANTS MARKETPLACE IS A DISTRICT-WIDE INITIATIVE FOCUSED ON PROVIDING A MORE READILY ACCESSIBLE SOURCE OF FOOD AND PERSONAL HYGIENE ITEMS TO STUDENTS AND THEIR FAMILIES. AS A SCHOOL-BASED INITIATIVE, THE GIANTS MARKETPLACE ALLOWS STUDENTS AND THEIR FAMILIES TO HAVE EASIER ACCESS TO FOOD ASSISTANCE AND FEEL MORE COMFORTABLE ACCESSING THIS ASSISTANCE. THE GIANTS MARKETPLACE OPERATES ON A MONTHLY DISTRIBUTION BASIS. HOWEVER, SERVICES CAN BE RENDERED FOR FAMILIES THAT NEED FOOD AND PERSONAL HYGIENE ITEMS IMMEDIATELY AS NEEDED, UPON REQUEST TO A SCHOOL PRINCIPAL, SOCIAL WORKER, SCHOOL COUNSELOR, OR PARENT LIAISON. THE GIANTS MARKETPLACE EXISTS TO HELP KEEP STUDENTS IN SCHOOL BY ELIMINATING FOOD INSECURITY AS A BARRIER TO EDUCATIONAL ATTAINMENT. THE GIANTS MARKETPLACE IS ACCESSIBLE TO ELIGIBLE STUDENTS, FACULTY, AND STAFF DURING THE SCHOOL YEAR, AND FOOD IS PROVIDED AT NO CHARGE. DURING 2024-25, WAYNE TOWNSHIP EDUCATION FOUNDATION FUNDING SUPPORTED BOTH A COMMUNITY EVENT AND FILM SCREENING REGARDING FOOD INSECURITY IN INDIANA AND 730 FAMILIES BENEFITTED FROM 10-DAY FOOD BASKETS.
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