Civic Intelligence

Pacers Basketball Corp Foundation Inc.

990 • Fiscal year 2021 • EIN 35-1908365

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 27, 2022

125 South Pennsylvania StIndianapolis, IN 46204

(317) 917-2540

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

8th percentile

-29%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

22nd percentile

-1.4%

Faster asset growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-54%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,167,246

Down $16,723 (-1.4%) from 2020

Net Assets

Up

$1,138,746

Up $130,187 (+13%) from 2020

Liabilities

Down

$28,500

Down $146,910 (-84%) from 2020

Revenue

Down

$190,337

Down $223,584 (-54%) from 2020

Expenses

Down

$245,307

Down $151,274 (-38%) from 2020

Net Income

Down

-$54,970

Down $72,310 (-417%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $1,580,333Liabilities 2010: $101,951Net Assets 2010: $1,478,3822010Assets 2011: $1,399,309Liabilities 2011: $247,434Net Assets 2011: $1,151,8752011Assets 2012: $1,627,186Liabilities 2012: $284,780Net Assets 2012: $1,342,4062012Assets 2013: $1,550,185Liabilities 2013: $154,940Net Assets 2013: $1,395,2452013Assets 2014: $1,715,014Liabilities 2014: $119,022Net Assets 2014: $1,595,9922014Assets 2015: $1,447,454Liabilities 2015: $135,122Net Assets 2015: $1,312,3322015Assets 2016: $1,311,256Liabilities 2016: $212,029Net Assets 2016: $1,099,2272016Assets 2017: $1,305,117Liabilities 2017: $87,544Net Assets 2017: $1,217,5732017Assets 2018: $1,206,140Liabilities 2018: $179,418Net Assets 2018: $1,026,7222018Assets 2019: $1,142,308Liabilities 2019: $153,941Net Assets 2019: $988,3672019Assets 2020: $1,183,969Liabilities 2020: $175,410Net Assets 2020: $1,008,5592020Assets 2021: $1,167,246Liabilities 2021: $28,500Net Assets 2021: $1,138,7462021Assets 2022: $948,029Liabilities 2022: $17,496Net Assets 2022: $930,5332022Assets 2023: $1,495,172Liabilities 2023: $76,161Net Assets 2023: $1,419,0112023Assets 2024: $14,389,980Liabilities 2024: $99,561Net Assets 2024: $14,290,4192024

Highlighted filing

2021

Assets$1,167,246
Liabilities$28,500
Net Assets$1,138,746

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $670,3802010Expenses 2011: $798,1492011Expenses 2012: $206,3552012Expenses 2013: $493,0672013Revenue 2014: $518,756Expenses 2014: $443,632Net Income 2014: $75,1242014Revenue 2015: $407,930Expenses 2015: $663,602Net Income 2015: -$255,6722015Revenue 2016: $438,020Expenses 2016: $610,534Net Income 2016: -$172,5142016Revenue 2017: $458,979Expenses 2017: $350,136Net Income 2017: $108,8432017Revenue 2018: $472,959Expenses 2018: $546,922Net Income 2018: -$73,9632018Revenue 2019: $418,740Expenses 2019: $481,652Net Income 2019: -$62,9122019Revenue 2020: $413,921Expenses 2020: $396,581Net Income 2020: $17,3402020Revenue 2021: $190,337Expenses 2021: $245,307Net Income 2021: -$54,9702021Revenue 2022: $285,364Expenses 2022: $307,577Net Income 2022: -$22,2132022Revenue 2023: $859,610Expenses 2023: $417,071Net Income 2023: $442,5392023Revenue 2024: $13,767,015Expenses 2024: $1,005,490Net Income 2024: $12,761,5252024

Highlighted filing

2021

Revenue$190,337
Expenses$245,307
Net Income-$54,970
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 27, 2022
Return Version
2020v4.2
Gross Receipts
$550,692
Mission and Program Overview

Mission

The foundation is dedicated to raising funds in support of youth-oriented charities and programs across the state of indiana. It seeks to draw on the energy, team pride, and spirit of selflessness that characterize pacer basketball to help make a difference for young people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$945,366$1,015,208▲ $69,842
Cash and Non-Interest-Bearing Accounts$210,151$136,572▼ $73,579
Pledges and Grants Receivable$6,875$11,000▲ $4,125
Total Assets$1,183,969$1,167,246▼ $16,723
Other Assets Total$21,577$4,466▼ $17,111
Liabilities
Grants Payable$175,000$25,000▼ $150,000
Accounts Payable and Accrued Expenses$410$3,500▲ $3,090
Total Liabilities$175,410$28,500▼ $146,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$925,927$1,079,306▲ $153,379
Net Assets With Donor Restrictions$82,632$59,440▼ $23,192
Total Net Assets Fund Balance$1,008,559$1,138,746▲ $130,187
Total Liabilities and Net Assets / Fund Balance$1,183,969$1,167,246▼ $16,723
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rick FusonChair
Rachel SimonVice Chair
Bill BennerBoard Member
Cindy Simon-skjodtBoard Member
Danny LopezBoard Member
Greg SchenkelBoard Member
Mel RainesBoard Member
Quinn BucknerBoard Member
Corey WilsonExecutive Director and Sec
Kevin BowerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$196,582
Program Service Revenue
$0
Investment Income
$39,385
Other Revenue
$-45,630
All Other Contributions
$94,770
Change in Net Assets
$-54,970

Audited Revenue Reconciliation

Revenue per Audited Statements
$185,034
Revenue Not Reported on Financial Statements
$5,303
Revenue Not Reported on Form 990
$232,800
Total Revenue per Audited Statements
$417,834
Total Revenue per Form 990
$190,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$214,095
Other Expenses$31,212
Total Fundraising Expense$360
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$194,095--$194,095
Fees for Services Accounting-$20,750-$20,750
Grants to Domestic Individuals$20,000--$20,000
Fees for Service Investment Mgmnt Fees-$5,303-$5,303
Insurance-$3,865-$3,865
Office Expenses-$651$360$1,011
Fees for Services Legal-$283-$283
Total Functional Expenses$214,095$30,852$360$245,307

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$287,647
Total Expenses per Form 990$245,307
Expenses per Audited Statements$240,004
Expenses Not Reported on Form 990$47,643
Expenses Not Reported on Financial Statements$5,303
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Central Indiana Community FoundationIndianapolis, IN501(c)(3)Youth Development$100,000
Indianapolis Parks FoundationIndianapolis, IN501(c)(3)Youth Development$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$59,334
Fundraising Gross Income$13,704
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Golf Outing$115,516$13,704$59,334$-45,630
Total Events$115,516$13,704$59,334$-45,630
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
No
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
No
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 2

Rachel simon and cindy simon-skjodt have a family relationship. Rick fuson has a business relationship with kevin bower and quinn buckner.

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

The final draft of the 990 is sent to all board members for review. Each board member submits quesions and then signs off before the return is filed with the irs.

Form 990, Part VI, Section C, Line 19

The governing documents are generally not made available to the public.

Filing and Contact Details

Filer

Filer Name
Pacers Foundation Inc
EIN
35-1908365
Phone
3179172540
Address
125 SOUTH PENNSYLVANIA ST, INDIANAPOLIS, IN 46204

Signing Officer

Name
Kevin Bower
Title
Treasurer
Phone
3179172500
Signed
2022-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Bower
Formed
1993
Legal Domicile
In
Voting Board Members
10
Independent Board Members
4
Employees
0
Volunteers
20

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240
Preparer
Casse Tate
Phone
3175802000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

The foundation is dedicated to raising funds in support of youth-oriented charities and programs across the state of indiana. It seeks to draw on the energy, team pride, and spirit of selflessness that characterize pacer basketball to help make a difference for young people.

Form 990, Part XII, Line 2C

The entire board of pacers foundation assumes responsibility for the oversight of the audit.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the irc. In addition, the foundation has been determined by the internal revenue service not to be a private foundation within the meaning of section 509(a) of the internal revenue code. There was no unrelated business income tax for fiscal years 2021 and 2020. The foundation files u.s federal and indiana information returns. The foundation is no longer subject to u.s. Federal and state income tax examinations by tax authorities for fiscal years before 2018. Management believes that the foundation's income tax filing positions will be sustained on audit and does not anticipate any adjustments that will result in a material change.

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IRS990/ProgSrvcAccomActy2Grp/Desc0TICKETS TO INDIANA PACERS & INDIANA FEVER BASKETBALL GAMES ARE DONATED TO THE PACERS FOUNDATION BY SEASON TICKET HOLDERS OF THESE TWO TEAMS. IN TURN, THE FOUNDATION DISTRIBUTES THESE TICKETS TO VARIOUS 501(C)3 GROUPS, YOUTHS AND ADULTS IN THE INDIANAPOLIS AREA TO ATTEND REGULAR SEASON AND PLAYOFF HOME GAMES. THE FOUNDATION WAS NOT ABLE TO OFFER THIS PROGRAM FOR FISCAL YEAR ENDING JUNE 30, 2021 DUE TO ATTENDANCE RESTRICTIONS FOR COVID.
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0383038
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0318103
IRS990/PYInvestmentIncomeAmt027182
IRS990/PYOtherExpensesAmt078478
IRS990/PYOtherRevenueAmt03701
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt017340
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0396581
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0413921
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-54970
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0196582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0383038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0380969
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0182746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01335509
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt031437
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037416
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt023010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0155148
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69880
IRS990ScheduleA/PublicSupportPY170Pct00.63640
IRS990ScheduleA/PublicSupportTotal170Amt01307603
IRS990ScheduleA/SubstantialContributorsTotAmt027906
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0196582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0383038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0380969
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0182746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192174
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01335509
IRS990ScheduleA/TotalSupportAmt01871321
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt026555
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt045048
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0120979
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0188082
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0380664
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/DonatedServicesAndUseFcltsAmt047643
IRS990ScheduleD/DonatedServicesUseFcltsAmt047643
IRS990ScheduleD/ExpensesNotReportedAmt047643
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt05303
IRS990ScheduleD/ExpensesSubtotalAmt0240004
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt05303
IRS990ScheduleD/InvestmentExpensesNotIncldAmt05303
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0185157
IRS990ScheduleD/RevenueNotReportedAmt0232800
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt05303
IRS990ScheduleD/RevenueSubtotalAmt0185034
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR FISCAL YEARS 2021 AND 2020. THE FOUNDATION FILES U.S FEDERAL AND INDIANA INFORMATION RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2018. MANAGEMENT BELIEVES THAT THE FOUNDATION'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0245307
IRS990ScheduleD/TotalRevenuePerForm990Amt0190337
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0417834
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0287647
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0101812
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0101812
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt059334
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0115516
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0115516
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013704
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt013704
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-45630
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt059334
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt059334
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0THE FOUNDATION GRANTS SCHOLARSHIPS IN THE AMOUNT OF $2,500 TO STUDENTS SEEKING A DEGREE IN ATHLETIC TRAINING FROM THE LINDA CRAIG MEMORIAL SCHOLARSHIP FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1YOUTH DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INDIANAPOLIS PARKS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CENTRAL INDIANA COMMUNITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0351860468
IRS990ScheduleI/RecipientTable/RecipientEIN1351793680
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0615 NORTH ALABAMA STREET SUITE 119
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1615 NORTH ALABAMA STREET SUITE 119
IRS990ScheduleI/RecipientTable/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1INDIANAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046204
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd146204
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ON ANY MULTI YEAR COMMITMENT THE FOUNDATION REQUIRES THAT THE GRANTEE ORGANIZATION PROVIDE CERTAIN BENCHMARKING MATERIAL TO ENSURE THAT THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE. THE BENCHMARKING MATERIAL SHOULD INCLUDE THE SPECIFIC DETAILS OF WHAT THE PROGRAM IS TRYING TO ACCOMPLISH AND THE PROGRESS MADE IN ATTAINING THESE GOALS. ALSO INCLUDED SHOULD BE THE NUMBER OF YOUNG PEOPLE IMPACTED BY THE PROGRAM. FOR ALL OTHER GRANT COMMITMENTS, THE FOUNDATION INQUIRES ABOUT THE VIABILITY OF THE ORGANIZATION AND MANY TIMES THE FOUNDATION WORKS ALONGSIDE THE GRANTEE ORGANIZATION TO HELP ENSURE THAT THE SPECIFIC GOAL IS MET. THE PACERS FOUNDATION WORKS CLOSELY WITH RECIPIENTS TO ENSURE FUNDS ARE BEING USED FOR THE INTENDED PURPOSE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS DEDICATED TO RAISING FUNDS IN SUPPORT OF YOUTH-ORIENTED CHARITIES AND PROGRAMS ACROSS THE STATE OF INDIANA. IT SEEKS TO DRAW ON THE ENERGY, TEAM PRIDE, AND SPIRIT OF SELFLESSNESS THAT CHARACTERIZE PACER BASKETBALL TO HELP MAKE A DIFFERENCE FOR YOUNG PEOPLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RACHEL SIMON AND CINDY SIMON-SKJODT HAVE A FAMILY RELATIONSHIP. RICK FUSON HAS A BUSINESS RELATIONSHIP WITH KEVIN BOWER AND QUINN BUCKNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINAL DRAFT OF THE 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW. EACH BOARD MEMBER SUBMITS QUESIONS AND THEN SIGNS OFF BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE GENERALLY NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ENTIRE BOARD OF PACERS FOUNDATION ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0351563785
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0NBA FRANCHISE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0PACERS BASKETBALL LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0125 SOUTH PENNSYLVANIA STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd046204
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$0.10$14.3$13.8$1.01$12.8
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.08$1.42$0.86$0.42$0.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.02$0.93$0.29$0.31$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.03$1.14$0.19$0.25$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.18$1.01$0.41$0.40$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.15$0.99$0.42$0.48$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.18$1.03$0.47$0.55$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.09$1.22$0.46$0.35$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.21$1.10$0.44$0.61$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.45$0.14$1.31$0.41$0.66$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.12$1.60$0.52$0.44$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.15$1.40$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.28$1.34$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.25$1.15$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.10$1.48$0.67
Peer Organizations

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