Overview
What is Indianapolis Public Schools Education Foundation Inc?
The Indianapolis Public Schools Education Foundation Inc, often referred to as IPSEF, is a dedicated nonprofit organization situated in Indianapolis, Indiana. Its primary mission is to enhance the educational experience of Indianapolis Public School (IPS) students by securing necessary resources. IPSEF supports IPS leadership in defining priorities for private investment, collaborating with community leaders, and engaging philanthropic champions to raise funds. This financial support aids in accelerating progress towards strategic priorities, including ensuring access to rigorous curriculum, promoting racial equity, and fostering student and family engagement. As of the provided data, IPSEF is staffed by a team of 5 individuals, working tirelessly to improve education in Indianapolis.
Official website here: www.ipsfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Stars
The Indianapolis Public Schools Education Foundation Inc has received an overall score of 87%, reflecting strong performance in accountability and finance. The foundation's solid rating indicates a commitment to transparency and effective management, with a score derived solely from the accountability and finance metrics. This suggests that the organization is financially responsible and maintains high standards in governance.
The foundation excels in several key areas, such as having a fully independent board and no incidents of asset diversion. Additionally, it demonstrates excellent financial health with a low liabilities-to-assets ratio and high program expense ratio, indicating that a significant portion of its funds is directed towards its educational programs. Fundraising efficiency is also noteworthy, with minimal costs associated with fundraising efforts.
While the organization shows strengths in accountability practices and financial stability, potential donors and stakeholders may want to consider other performance indicators not captured in the current rating. The overall evaluation is positive, but a broader perspective on program impact and effectiveness could provide a more comprehensive view of the foundation’s contribution to education in the Indianapolis area.
This AI summary has been generated from information found on Charity Navigator.
Is Indianapolis Public Schools Education Foundation Inc legitimate?
Indianapolis Public Schools Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Public Schools Education Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $223,016
Professional Fundraising Fees: $6,782
Other Salaries and Wages: $247,578
For more financial information, click here
Official website here: www.ipsfund.org
What is the mission statement of Indianapolis Public Schools Education Foundation Inc?
The Indianapolis Public Schools Education Foundation, an independent non-profit organization, focuses on securing philanthropic support to advance the strategic priorities of the Indianapolis Public Schools. They collaborate closely with community leaders and philanthropic champions to raise mission-critical funding, enabling the school system to accelerate progress and ensure the highest quality education experience for its students. The foundation works in tandem with IPS leadership to define priorities for private investment, ultimately aiming to enhance the overall educational experience for the students.
Official website here: www.ipsfund.org
Who is the CEO of Indianapolis Public Schools Education Foundation Inc?
Stephannie Bailey is the President of Indianapolis Public Schools Education Foundation Inc. The CEO's salary of Indianapolis Public Schools Education Foundation Inc is $214,401 and their total compensation is $223,431.
Official website here: www.ipsfund.org
What is the revenue of Indianapolis Public Schools Education Foundation Inc?
Indianapolis Public Schools Education Foundation Inc's revenue in 2023 was $6,355,840.
Official website here: www.ipsfund.org
Who are the executives of Indianapolis Public Schools Education Foundation Inc and what are their salaries?
The average compensation at Indianapolis Public Schools Education Foundation Inc during 2023 was $94,119. There are 5 employees and 9 volunteers at Indianapolis Public Schools Education Foundation Inc.
Here are 10 key members and their salaries (Indianapolis Public Schools Education Foundation Inc's CEO's salary is $214,401 and their total compensation is $223,431):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $214,401
- Related: $0
- Other: $9,030
Official website here: www.ipsfund.org
Where can I find the form 990 for Indianapolis Public Schools Education Foundation Inc?
Indianapolis Public Schools Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ipsfund.org
Learn more at the official website: www.ipsfund.org
Mission Statement of Indianapolis Public Schools Education Foundation Inc
The Indianapolis Public Schools Education Foundation (IPSEF) serves Indiana Public School (IPS) students by securing resources to ensure the highest quality education experience possible. As an independent non-profit entity, IPSEF's mission is to secure philanthropic support, working closely with community leaders and philanthropic champions to raise mission-critical funding. This funding enables IPS leadership to accelerate progress and define priorities for private investment. In essence, IPSEF plays a crucial role in supporting the strategic priorities of IPS by leveraging philanthropic contributions to enhance the educational experience for its students.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Indianapolis Public Schools Education Foundation (IPSEF) plays a crucial role in enhancing the educational experience for students in the Indianapolis Public Schools (IPS) district. By securing vital resources, IPSEF directly supports a variety of initiatives aimed at improving academic achievement and ensuring that students have access to a rigorous curriculum.
IPSEF’s investments align with the strategic priorities of IPS, focusing on promoting racial equity, increasing student and family engagement, and expanding educational opportunities for all students. The foundation acts as a bridge between community leaders and private philanthropic sources, channeling necessary funding into programs and initiatives that foster an enriching learning environment.
Their efforts not only aim to elevate the quality of education for IPS students but also contribute to the overall advancement of the community, ensuring that every student has the opportunity to thrive academically. Through collaborative partnerships and a commitment to educational excellence, IPSEF is making a significant impact on the future of Indianapolis students.
This information is meant to be a general summary of Indianapolis Public Schools Education Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $213,468
- Program Service Revenue: $969,594
- Gross Receipts: $6,626,736
Assets and Liabilities:
- Total Assets: $10,069,153
- Total Liabilities: $1,318,735
- Net Assets: $8,750,418
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYINDY SERVICE REV
Revenue
$901,170
IPS DATABASE PROJECT
Revenue
$68,424
Organization Details
Founding Year
1984
Phone
(317) 226-3706Principal Officer
Stephannie Bailey
Main Address
120 EAST WALNUT STREET 116, INDIANAPOLIS, IN, 46204
Website
www.ipsfund.orgNTEE Category
Code: B12 - Education
If you are a representative of Indianapolis Public Schools Education Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.