Villages Of Indiana Foundation Inc
- Assets
- $19.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 06/1991
- Data as of
- 12/2022
- EIN
- 35-1818697
Organization Overview
Villages Of Indiana Foundation Inc is located in Bloomington, IN. The organization was established in 1991. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Villages Of Indiana Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Villages Of Indiana Foundation Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT THE VILLAGES OF INDIANA, INC. IN SERVING INDIANA'S ABUSED, NEGLECTED, AND VULNERABLE CHILDREN THROUGH THE RAISING OF FUNDS AND RECEIPT OF CONTRIBUTIONS.
Describe the Organization's Program Activity:
THE VILLAGES OF INDIANA FOUNDATION RAISES FUNDS AND RECEIVES CONTRIBUTIONS FOR THE VILLAGES OF INDIANA, INC. IT OWNS ALL OF THE REAL PROPERTY USED TO CARRY OUT ITS EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Deckard Assistant Treasurer | Officer | 1 | $0 |
Justine Overturf-Singh Chair | OfficerTrustee | 1 | $0 |
Matt Dunn Vice Chair | OfficerTrustee | 1 | $0 |
Michael North Treasurer | OfficerTrustee | 1 | $0 |
Debbie Christie Secretary | OfficerTrustee | 1 | $0 |
David Barrett Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,608 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $806,031 |
| Noncash contributions included in lines 1a–1f | $33,438 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $970,639 |
| Total Program Service Revenue | $299,691 |
| Investment income | $573,938 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,718 |
| Net Income from Fundraising Events | -$34,891 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,819,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $946,032 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,568 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,171 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,776 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $479,345 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,498,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $869,278 |
| Pledges and grants receivable | $658,619 |
| Accounts receivable, net | $54,571 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,945,156 |
| Investments—publicly traded securities | $11,837,459 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,388 |
| Total assets | $19,387,471 |
| Accounts payable and accrued expenses | $415,157 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $750,546 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,165,703 |
| Net assets without donor restrictions | $8,759,006 |
| Net assets with donor restrictions | $9,462,762 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,387,471 |