Overview
What is The Indianapolis Colts Foundation Inc?
The Indianapolis Colts Foundation Inc, located at 7056 West 56th Street, Indianapolis, IN 46254, is a nonprofit organization dedicated to promoting mental health awareness and providing support for youth initiatives. Their primary mission is to provide resources to national, state, and local programs that create motivational and educational opportunities for youth and families in Indiana and surrounding communities. They have showcased their commitment through various initiatives, such as the "Kicking the Stigma" campaign to raise awareness about mental health, supporting youth football programs, and partnering with local schools to build playgrounds.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45% - Zero-Star out of Four Star Rating
The Indianapolis Colts Foundation Inc has received a Zero-Star rating from Charity Navigator, primarily due to its low score in accountability and finance. The organization has no independent board members and lacks essential financial statements, which raises concerns about transparency and governance. While the foundation shows good program expense and fundraising efficiency ratios, its financial health is questionable given the high liabilities to assets ratio.
Despite having some positive attributes such as a conflict of interest policy and proper handling of board meeting minutes, the overall lack of independent oversight and missing key financial documents significantly undermines the foundation's credibility. The absence of a website listed on the tax form and missing policies, including a whistleblower policy, further highlight areas needing improvement.
In summary, while the Indianapolis Colts Foundation Inc efficiently allocates its funds to programs, serious concerns regarding its governance and financial practices warrant caution for potential donors. Enhancements in transparency and accountability are essential for building trust and improving its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Indianapolis Colts Foundation Inc legitimate?
The Indianapolis Colts Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Indianapolis Colts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Indianapolis Colts Foundation Inc?
The Indianapolis Colts Foundation Inc's mission is centered around providing resources to national, state, and local programs that create motivational and educational opportunities for youth and families. This mission spans across Indiana and surrounding communities. The foundation aims to support initiatives that inspire learning and motivation, benefitting both young individuals and their families. As part of their activities, they have raised awareness and offered support for mental health awareness through their "Kicking the Stigma" campaign, backed youth football programs, and collaborated with local schools to construct playgrounds.
Who is the CEO of The Indianapolis Colts Foundation Inc?
Ej Tolentino is the Director of The Indianapolis Colts Foundation Inc.
What is the revenue of The Indianapolis Colts Foundation Inc?
The Indianapolis Colts Foundation Inc's revenue in 2023 was $2,589,701.
Who are the executives of The Indianapolis Colts Foundation Inc and what are their salaries?
There 250 volunteers at The Indianapolis Colts Foundation Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for The Indianapolis Colts Foundation Inc?
The Indianapolis Colts Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Indianapolis Colts Foundation Inc
The Indianapolis Colts Foundation is committed to providing resources to various national, state, and local programs that create motivational and educational opportunities for youth and families beyond the borders of Indiana and surrounding communities. Their mission is twofold: firstly, they aim to support initiatives that inspire and educate young individuals and families, and secondly, they strive to make these opportunities widely available in various locations.
In pursuit of this mission, the Indianapolis Colts Foundation has taken several initiatives. They have raised awareness and offered support for mental health awareness through their "Kicking the Stigma" campaign. This campaign aims to break down the stigma surrounding mental health issues and encourage open discussions about mental well-being. Additionally, the foundation has shown their support for youth football programs, providing essential resources and fostering a love for sports among the younger generation. Moreover, they have partnered with local schools to construct playgrounds, thereby enhancing the recreational facilities for children and promoting a sense of community within these schools.
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Impact
July, 2024
The Indianapolis Colts Foundation Inc's impact is significant in providing resources to programs that create motivational and educational opportunities for youth and families throughout the state of Indiana and surrounding communities. This organization has supported mental health awareness through their "Kicking the Stigma" campaign, provided backing for youth football programs, and collaborated with local schools to construct playgrounds. Their philanthropic efforts are focused on making a positive difference in the lives of young individuals and families, helping to build stronger communities and futures for all involved.
This information is meant to be a general summary of The Indianapolis Colts 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: $2,879
- Gross Receipts: $3,497,593
Assets and Liabilities:
- Total Assets: $3,703,581
- Total Liabilities: $3,595,700
- Net Assets: $107,881
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Organization Details
Founding Year
2002
Phone
(317) 808-5355Principal Officer
Ej Tolentino
Main Address
7001 WEST 56TH STREET, INDIANAPOLIS, IN, 46254
NTEE Category
Code: T31 - Philanthropy
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