The Indiana Financial Services Foundation For Education Inc in Fishers, Indiana (IN)

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The Indiana Financial Services Foundation For Education Inc
Employer Identification Number (EIN)351892605
Name of OrganizationThe Indiana Financial Services Foundation For Education Inc
In Care of NameKim B Stoneking
Address7050 E 116th St Ste 50, Fishers, IN 46038-3109
SubsectionEducational Organization
Ruling Date12/1999
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$28,622
Amount of Income$8,268
Form 990 Revenue Amount$8,268
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Fund Raising and/or Fund Distribution


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Amount of income in 2013: $8,268 (it was $5,515 in 2012)
The Indiana Financial Services Foundation For Education Inc: 

 $8,268
Other organizations performing similar types of work: 

 $71,627

Assets in 2013: $28,622 (it was $29,369 in 2012)
This organization: 

 $28,622
Other organizations performing similar types of work: 

 $45,017

Expenses in 2013: $9,060
The Indiana Financial Services Foundation For Education Inc: 

 $9,060
Other organizations performing similar types of work: 

 $75,850

Income to expenses ratio in 2013: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$12,265$5,515$8,268
Contributions, gifts, grants, and similar amounts received$11,350$5,515$8,268
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$715$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$200$0$0
Total expenses$11,853$3,666$9,060
Total net assets$27,518$29,367$28,575
Excess/Deficit for the year$412$1,849$-792
Net assets or fund balances at beginning of year$31,744$27,518$29,367
Other changes in net assets or fund balances$-4,638$0$0
Net assets or fund balances at end of year$29,367$28,575
Balance Sheets
201120122013
Total assets$27,521$29,369$28,622
Total liabilities$3$2$47
Net assets or fund balances$27,518$29,367$28,575
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$8,375
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11The Indiana Financial Services Foundation For Education Inc7050 E 116th St Ste 50, Fishers, IN 46038-3109IN1999-12$8,268
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Number of organizations performing similar types of work
Arizona1
California2
Colorado1
Florida1
Idaho1
Illinois1
Indiana2
Kentucky1
Louisiana1
Minnesota1
Missouri1
New Jersey2
Ohio1
Texas1
Virginia2
Total19

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