Wayne Township Education Foundation Inc
- Assets
- $2.2m
- Revenue
- $339.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 08/1992
- Data as of
- 06/2022
- EIN
- 35-1836690
Organization Overview
Wayne Township Education Foundation Inc is located in Indianapolis, IN. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Wayne Township Education Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne Township Education 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 06/2022, Wayne Township Education Foundation Inc generated $339.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $287.3k during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Wayne Township Education Foundation Inc has awarded 20 individual grants totaling $741,447. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WAYNE TOWNSHIP EDUCATION FOUNDATION PROVIDES COMMUNITY LEADERSHIP TO ENRICH, ENGAGE, AND STIMULATE TEACHING AND LEARNING IN METROPOLITAN SCHOOL DISTRICT OF WAYNE TOWNSHIP BY SUPPORTING SCHOOL PROGRAMS AND RESOURCES, WHILE RECOGNIZING EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAST YEAR WE FUNDED JUST OVER 200 CLASSROOM PROGRAMS/PROJECTS/RESOURCES THROUGH OUR ANNUAL TEACHER GRANT PROGRAM. 220 TEACHERS BENEFITED FROM THE FUNDS AND IN-TURN PROVIDED NEW HANDS-ON EXPERIENCES AND MATERIALS TO ENRICH CLASSROOMS AND BRING THE CURRICULUM TO LIFE BENEFITING AN ESTIMATED 6,000 STUDENTS. ADDITIONAL INTENTIONAL GRANTS WERE AWARDED TO FUND PROFESSIONAL DEVELOPMENT IN THE AREA OF DIVERSITY, EQUITY AND INCLUSION. ADDITIONALLY, NEW FUNDING WAS AWARDED TO SUPPORT THE WAYNE UNIFIED GAMES, WHICH IS DESIGNED SIMILAR TO SPECIAL OLYMPICS, BUT FOR WAYNE STUDENTS ONLY.
SCIENCE SUMMER SAFARI IS A SUMMER CAMP THAT HAS BEEN AVAILABLE FOR 30 YEARS. THIS EXPERIENCE WENT BACK TO ITS TRADITIONAL DAILY FIELD TRIP FORMAT THIS YEAR, AFTER 2 YEARS OF A HYBRID FORMAT DUE TO COVID. WE RECEIVED GRANT FUNDING FROM LILLY ENDOWMENT AND THE CENTRAL INDIANA COMMUNITY FOUNDATION FOR THIS YEAR'S PROGRAM. 112 STUDENTS PARTICIPATED IN HANDS-ON STEM ACTIVITIES AND DAILY FIELD TRIPS, INCLUDING AEROSPACE EXPLORATION WITH AIRPLANE MODELS AND AVIATION DEMONSTRATIONS AT THE INDIANAPOLIS AIRPORT; A CREEK WALK EXPLORATION WITH FISH, PLANTS, AND INDIANA CRITTERS IN MONROE/MORGAN COUNTIES; GEOLOGY AND NATURE EXPLORATION WITH HIKING AND EXPLORING AT TURKEY RUN STATE PARK; FOSSIL DAY WITH COLLECTION OF FOSSILS FROM ANCIENT SEAS IN BROOKVILLE, IN; AND A CAVE EXPLORATION IN MORGAN COUNTY. THE OVERALL GOAL WAS TO ENGAGE STUDENTS IN LEARNING AND THINKING ABOUT SCIENCE THROUGH REAL-LIFE, HANDS-ON SCIENCE EXPERIENCES THAT RELATE DIRECTLY TO THEIR CLASSROOM LEARNING.
IN 21-22, WE CREATED A STRATEGY TO ENGAGE OUR SCHOOLS IN GIVING TUESDAY, WHICH IS AN INTERNATIONAL DAY OF GIVING. ALL SCHOOLS HAD THEIR OWN DONATION PAGE; HOWEVER, ALL GIFTS FLOWED THROUGH AND WERE MANAGED BY WAYNE TOWNSHIP EDUCATION FOUNDATION (WTEF). ALTOGETHER, $15,915 WAS RAISED FROM 548 DONORS. THE AVERAGE GIFT WAS $29. $15,478 WAS AWARDED DIRECTLY TO SCHOOLS. OF SPECIAL NOTE, STOUT FIELD ELEMENTARY ENGAGED THE MOST NUMBER OF DONORS AND WAS AWARDED AN ADDITIONAL GRANT FROM WTEF FOR THEIR OUTSTANDING EFFORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Baize Executive Director | Officer | 30 | $62,070 |
Nina Brahm President | OfficerTrustee | 3 | $0 |
Kristen Dawn Secretary | OfficerTrustee | 1 | $0 |
Diane Walton Trasurer | OfficerTrustee | 1 | $0 |
Ben Bain Vice President | OfficerTrustee | 1 | $0 |
Virginia Cortez Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $40,133 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,324 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,457 |
| Total Program Service Revenue | $0 |
| Investment income | $20,300 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $90,226 |
| Net Income from Fundraising Events | $8,982 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $338,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $153,016 |
| Grants and other assistance to domestic individuals. | $22,640 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,340 |
| Compensation of current officers, directors, key employees. | $21,319 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,334 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,399 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,467 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,342 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,369 |
| Office expenses | $1,910 |
| Information technology | $3,202 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,876 |
| All other expenses | $0 |
| Total functional expenses | $287,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,153 |
| Savings and temporary cash investments | $29,896 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,315 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,173,959 |
| Total assets | $2,220,323 |
| Accounts payable and accrued expenses | $2,509 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,509 |
| Net assets without donor restrictions | $1,653,893 |
| Net assets with donor restrictions | $563,921 |
| 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 | $2,220,323 |
Grants Awarded
Over the last fiscal year, Wayne Township Education Foundation Inc has awarded $136,244 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MSD WAYNE TOWNSHIP PURPOSE: TEACHER GRANTS, RECOGNITION, PROGRAM FUNDING | $102,694 |
New York, NY PURPOSE: TEACHER GRANTS | $20,000 |
Indianapolis, IN PURPOSE: TEACHER GRANTS | $7,650 |
West Lafayette, IN PURPOSE: TEACHER GRANTS | $5,900 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wayne Township Education Foundation Inc has recieved totaling $84,689.
| Awarding Organization | Amount |
|---|---|
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: 2021 Distribution | $78,150 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: SUMMER YOUTH PROGRAM | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $539 |
Endowment Analysis
| Beg. Balance | $2,236,887 |
| Earnings | -$1,376 |
| Admin Expense | $23,420 |
| Net Contributions | $52,208 |
| Grants | $90,340 |
| Ending Balance | $2,173,959 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Four Lakes Education Inc Mcfarland, WI | $19,510,761 | $31,025,737 |
Spencer Foundation Chicago, IL | $670,624,797 | $32,472,140 |
Childrens First Fund The Chicago Public School Foundation Chicago, IL | $26,791,850 | $26,985,163 |
Inside Track Impact Inc Indianapolis, IN | $23,220,663 | $19,614,456 |
Lycee Francais De Chicago Inc Chicago, IL | $48,724,560 | $20,322,112 |
Strada Collaborative Inc Indianapolis, IN | $87,757,237 | $36,146,755 |
Sertoma Centre Inc Alsip, IL | $22,208,490 | $17,472,414 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
Institute For Quality Education Inc Indianapolis, IN | $12,107,092 | $12,010,135 |
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |