Civic Intelligence

Indiana CPA Educational Foundation Inc.

990EZ • Fiscal year 2021 • EIN 35-6050182

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

900 E 96th St Suite 250Indianapolis, IN 46240

(317) 726-5000

Siviq Scores

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

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

0.51x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-26%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

53rd percentile

7.5%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-74%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$391,107

Up $27,417 (+7.5%) from 2020

Net Assets

Up

$381,107

Up $17,417 (+4.8%) from 2020

Liabilities

$10,000

No earlier filing loaded for comparison.

Revenue

Down

$19,549

Down $55,816 (-74%) from 2020

Expenses

Down

$24,620

Down $26,964 (-52%) from 2020

Net Income

Down

-$5,071

Down $28,852 (-121%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $11,300Net Assets 2011: $11,3002011Assets 2012: $11,956Net Assets 2012: $11,9562012Assets 2013: $14,560Net Assets 2013: $14,5602013Assets 2014: $11,384Net Assets 2014: $11,3842014Assets 2015: $17,737Liabilities 2015: $4,000Net Assets 2015: $13,7372015Assets 2016: $15,290Liabilities 2016: $2,054Net Assets 2016: $13,2362016Assets 2017: $16,538Liabilities 2017: $1,500Net Assets 2017: $15,0382017Assets 2018: $42,376Liabilities 2018: $14,350Net Assets 2018: $28,0262018Assets 2019: $32,183Liabilities 2019: $850Net Assets 2019: $31,3332019Assets 2020: $363,690Net Assets 2020: $363,6902020Assets 2021: $391,107Liabilities 2021: $10,000Net Assets 2021: $381,1072021Assets 2022: $388,806Liabilities 2022: $52,431Net Assets 2022: $336,3752022Assets 2023: $426,612Liabilities 2023: $89,231Net Assets 2023: $337,3812023Assets 2024: $511,758Liabilities 2024: $176,858Net Assets 2024: $334,9002024Assets 2025: $452,430Liabilities 2025: $156,153Net Assets 2025: $296,2772025

Highlighted filing

2021

Assets$391,107
Liabilities$10,000
Net Assets$381,107

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $15,455Expenses 2011: $17,688Net Income 2011: -$2,2332011Revenue 2012: $15,971Expenses 2012: $15,315Net Income 2012: $6562012Revenue 2013: $23,214Expenses 2013: $20,610Net Income 2013: $2,6042013Revenue 2014: $20,124Expenses 2014: $23,300Net Income 2014: -$3,1762014Revenue 2015: $15,743Expenses 2015: $13,390Net Income 2015: $2,3532015Revenue 2016: $50,813Expenses 2016: $51,314Net Income 2016: -$5012016Revenue 2017: $55,804Expenses 2017: $54,002Net Income 2017: $1,8022017Revenue 2018: $61,929Expenses 2018: $48,941Net Income 2018: $12,9882018Revenue 2019: $60,777Expenses 2019: $57,470Net Income 2019: $3,3072019Revenue 2020: $75,365Expenses 2020: $51,584Net Income 2020: $23,7812020Revenue 2021: $19,549Expenses 2021: $24,620Net Income 2021: -$5,0712021Revenue 2022: $85,774Expenses 2022: $116,484Net Income 2022: -$30,7102022Revenue 2023: $84,435Expenses 2023: $119,677Net Income 2023: -$35,2422023Revenue 2024: $158,407Expenses 2024: $194,937Net Income 2024: -$36,5302024Revenue 2025: $208,666Expenses 2025: $268,525Net Income 2025: -$59,8592025

Highlighted filing

2021

Revenue$19,549
Expenses$24,620
Net Income-$5,071
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 27, 2022
Return Version
2020v4.0
Gross Receipts
$80,761
Mission and Program Overview

Mission

To raise funds and provide financial assistance for programs designed to encourage accounting careers and to promote education-related activities for the benefit of indiana cpa society members.

Program Services

DescriptionGrantsExpenses
SUPPORTING MINORITY HIGH SCHOOL STUDENTS WITH AN INTEREST IN ACCOUNTING/BUSINESS BY OFFERING A YEAR-LONG MENTORSHIP AND CAREER AWARENESS PROGRAM.$12,000$12,339
SUPPORTING THE ACCOUNTING PROGRAMS AT THE UNIVERSITIES IN INDIANA AND PROVIDING SCHOLARSHIPS TO STUDENTS.$8,500$8,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
E ZENAI BROOKSPresident El-$0--
JAKE D DUNTONTrustee-$0--
ROBERT E REYNOLDSTrustee-$0--
DENISE J GATESTrustee-$0--
KEVIN E HUSTONPresident-$0--
JENNIFER NORRISCFO-$0--
APRIL M HUEYTreasurer-$0--
KEITH KIZERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Indiana CPA Educational Foundation
EIN
35-6050182
Phone
3177265000
Address
900 E 96TH ST SUITE 250, INDIANAPOLIS, IN 46240

Signing Officer

Name
Jennifer Norris
Title
CFO
Phone
3177265000
Signed
2022-01-27
Discuss with paid preparer
Yes

Preparer

Firm
Baden Gage & Schroeder LLC
Address
6920 POINTE INVERNESS WAY 300, FORT WAYNE, IN 46804-7926
Preparer
Christine K Hootman CPA
Phone
2604222551
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Class of activity: educational cash contribution: 20,500 relationship: none

Form 990-ez, Part I, Line 16

Expenses bank fees 309 gifts/logo items 339 total 648

Form 990-ez, Part I, Line 20

Unrealized gains on investments 22,488

Form 990-ez, Part II, Line 24

Accounts receivable 1,852 12,849 total 1,852 12,849

Form 990-ez, Part II, Line 26

Deferred sponsorships 0 10,000

Form 990-ez, Part III

To raise funds and provide financial assistance for programs designed to encourage accounting careers and to promote education-related activities for the benefit of indiana cpa society members.

Raw XML Appendix184 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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CompensationExplanation/CompensationExplanationGrp/PersonNm1JAKE D DUNTON
CompensationExplanation/CompensationExplanationGrp/PersonNm2ROBERT E REYNOLDS
CompensationExplanation/CompensationExplanationGrp/PersonNm3DENISE J GATES
CompensationExplanation/CompensationExplanationGrp/PersonNm4KEVIN E HUSTON
CompensationExplanation/CompensationExplanationGrp/PersonNm5JENNIFER NORRIS
CompensationExplanation/CompensationExplanationGrp/PersonNm6APRIL M HUEY
CompensationExplanation/CompensationExplanationGrp/PersonNm7KEITH KIZER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6APRIL M HUEY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT EL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt022488
IRS990EZ/OtherExpensesTotalAmt0648
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IRS990EZ/PrimaryExemptPurposeTxt0TO RAISE FUNDS AND PROVIDE FINANCIAL ASSISTANCE FOR PROGRAMS DESIGNED TO ENCOURAGE ACCOUNTING CAREERS AND TO PROMOTE EDUCATION-RELATED ACTIVITIES FOR THE BENEFIT OF INDIANA CPA SOCIETY MEMBERS.
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IRS990EZ/SaleOfAssetsGrossAmt066472
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.INCPAS.ORG
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt055795
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt055795
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0264515
IRS990ScheduleA/TotalSupportAmt0268164
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: EDUCATIONAL CASH CONTRIBUTION: 20,500 RELATIONSHIP: NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK FEES 309 GIFTS/LOGO ITEMS 339 TOTAL 648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAINS ON INVESTMENTS 22,488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 1,852 12,849 TOTAL 1,852 12,849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEFERRED SPONSORSHIPS 0 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO RAISE FUNDS AND PROVIDE FINANCIAL ASSISTANCE FOR PROGRAMS DESIGNED TO ENCOURAGE ACCOUNTING CAREERS AND TO PROMOTE EDUCATION-RELATED ACTIVITIES FOR THE BENEFIT OF INDIANA CPA SOCIETY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER NORRIS
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ReturnHeader/BusinessOfficerGrp/PhoneNum03177265000
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANA CPA EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0356050182
ReturnHeader/Filer/PhoneNum03177265000
ReturnHeader/Filer/USAddress/AddressLine1Txt0900 E 96TH ST SUITE 250
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046240
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351939627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADEN GAGE & SCHROEDER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06920 POINTE INVERNESS WAY 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0468047926
ReturnHeader/PreparerPersonGrp/PhoneNum02604222551
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE K HOOTMAN CPA
ReturnHeader/ReturnTs02022-02-18T11:22:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NORRIS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.52$1.56$2.96$2.09$2.69$0.60
2024Detailed filing. Detailed filing data is available for this year.$5.12$1.77$3.35$1.58$1.95$0.37
2023Detailed filing. Detailed filing data is available for this year.$4.27$0.89$3.37$0.84$1.20$0.35
2022Detailed filing. Detailed filing data is available for this year.$3.89$0.52$3.36$0.86$1.16$0.31
2021Detailed filing. Detailed filing data is available for this year.$3.91$0.10$3.81$0.20$0.25$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.64$3.64$0.75$0.52$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$0.61$0.57$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.14$0.28$0.62$0.49$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.56$0.54$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.13$0.51$0.51$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.04$0.14$0.16$0.13$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.20$0.23$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.15$0.23$0.21$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.12$0.16$0.15$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.11$0.15$0.18$0.02