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Nonprofiteer
← EDUCATION UNITED INDY INC

Form 990 for tax year 2022

Filed by EDUCATION UNITED INDY INC.

Totals

Total revenue
$451,500
Total expenses
$808,832
Contributions and grants received
$451,500
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,487,231
Total liabilities, end of year
$350,063
Net assets or fund balances, end of year
$1,137,168
Program services expenses (Part IX)
$662,016
Management and general expenses
$126,628
Fundraising expenses
$20,188
Program service expenses (Part III)
$662,016

Program services were 81.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GARY BORDEN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • BILL SHREWSBERRY

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • KATHERIN CHI

    SECRETARY

    Total calculated
    $75,438
    From this org
    $0
    From related orgs
    $65,246
    Other
    $10,192
    Hours/week
    1 + 39 related

  • JASMIN SHAHEED-YOUNG

    PRESIDENT & CEO

    Total calculated
    $263,832
    From this org
    $0
    From related orgs
    $250,231
    Other
    $13,601
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $250,231 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,765 related
    Nontaxable benefits
    $0 + $4,836 related
    Filer's total
    $0 + $263,832 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE SALARY FOR THE PRESIDENT IS PAID FROM THE RELATED ENTITY GREAT PUBLIC SCHOOLS FOR INDY INC (EIN: 83-4592277). GREAT PUBLIC SCHOOLS FOR INDY INC USES COMPARABILITY DATA FROM OTHER SIMILAR ORGANIZATIONS TO ESTABLISH THE PRESIDENTS SALARY. THE SALARY WAS APPROVED BY INDEPENDENT BOARD MEMBERS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303199349309995

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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