Form 990 for tax year 2024

Filed by VILLAGES OF INDIANA FOUNDATION INC.

Totals

Total revenue: $7,084,526
Total expenses: $2,589,712
Contributions and grants received: $4,768,424
Grants paid: $2,088,642
Program service revenue: $299,691
Investment income: $1,947,449
Other revenue: $68,962
Total assets, end of year: $27,397,498
Total liabilities, end of year: $734,812
Net assets or fund balances, end of year: $26,662,686
Program services expenses (Part IX): $2,485,532
Management and general expenses: $104,180
Fundraising expenses: $0
Program service expenses (Part III): $2,485,532

Program services were 96.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1a · Federated campaigns

$608,045
1c · Fundraising events

$77,107
1f · All other contributions, gifts and grants

$4,083,272
2a · Program service revenue: Rental Income of Facilities

total $299,691 · related or exempt $299,691
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $673,211 · excluded $673,211
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $1,600,781
7b · Less cost or other basis and sales expenses

securities $326,543
7c · Gain or loss

securities $1,274,238 · other assets $0
7d · Net gain or loss

total $1,274,238 · excluded $1,274,238
8a · Fundraising events: gross income

$113,960
8a · Fundraising events: contributions included on line 1c

$77,107
8b · Fundraising events: direct expenses

$44,998
8c · Net income from fundraising events

total $68,962 · excluded $68,962
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $2,088,642 · program services $2,088,642
11c · Fees: accounting

total $26,272 · management and general $26,272
11f · Fees: investment management

total $77,908 · management and general $77,908
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $34,440 · program services $34,440
20 · Interest

total $28,687 · program services $28,687
22 · Depreciation, depletion and amortization

total $333,763 · program services $333,763
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $1,666,522 · end of year $172,495
3 · Pledges and grants receivable

beginning of year $481,607 · end of year $300,485
4 · Accounts receivable

beginning of year $20,549 · end of year $2,584
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
10a · Land, buildings and equipment: cost or other basis

$9,858,053
10b · Land, buildings and equipment: accumulated depreciation

$3,473,664
10c · Land, buildings and equipment, net

beginning of year $5,711,318 · end of year $6,384,389
11 · Investments: publicly traded securities

beginning of year $15,620,825 · end of year $20,527,397
12 · Investments: other securities

beginning of year $0
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $14,498 · end of year $10,148
17 · Accounts payable and accrued expenses

beginning of year $359,325 · end of year $246,579
22 · Loans and payables to officers and key people

beginning of year $620,613 · end of year $488,233
25 · Other liabilities

beginning of year $0 · end of year $0
27 · Net assets without donor restrictions

beginning of year $7,404,444 · end of year $7,701,722
28 · Net assets with donor restrictions

beginning of year $15,130,937 · end of year $18,960,964

Mission and programs · 2024

Mission

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 ON BEHALF OF THE VILLAGES.

Activities or mission (Part I)

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.

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.

Expenses $2,485,532 · Grants $2,088,642 · Revenue $299,691

As filed on the 2024 return.

Listed in Part VII

Kye Hawkins

Secretary

Total calculated

$0

Hours/week

1 + 1 related
Matt Dunn

Chair

Total calculated

$0

Hours/week

1 + 1 related
Michael North

Treasurer

Total calculated

$0

Hours/week

1 + 1 related
Robert Greising

Vice Chair

Total calculated

$0

Hours/week

1 + 1 related
Claudia Palmer

Board Member

Total calculated

$0

Hours/week

1 + 1 related
Daniel Phair

Board member

Total calculated

$0

Hours/week

1 + 1 related
David Barrett

Board member

Total calculated

$0

Hours/week

1 + 1 related
David McAvoy

Board member

Total calculated

$0

Hours/week

1 + 1 related
Demetrees Hutchins

Board member

Total calculated

$0

Hours/week

1 + 1 related
Denise Herd

Board member

Total calculated

$0

Hours/week

1 + 1 related
Justine Overturf-Singh

Board member

Total calculated

$0

Hours/week

1 + 1 related
Kellie Capone

Board member

Total calculated

$0

Hours/week

1 + 1 related
Lindsay Weaver

Board Member

Total calculated

$0

Hours/week

1 + 1 related
Matt Hook

Board member

Total calculated

$0

Hours/week

1 + 1 related
Melissa Steever

Board Member

Total calculated

$0

Hours/week

1 + 1 related
Michael Lake

Board member

Total calculated

$0

Hours/week

1 + 1 related
Rachana Fischer

Board member

Total calculated

$0

Hours/week

1 + 1 related
Rhonda Yoder Breman

Board member

Total calculated

$0

Hours/week

1 + 1 related
Ryan Davis

Board member

Total calculated

$0

Hours/week

1 + 1 related
Steve Smitherman

Board member

Total calculated

$0

Hours/week

1 + 1 related
Steve York

Board member

Total calculated

$0

Hours/week

1 + 1 related
Suzanne Hanchar

Board member

Total calculated

$0

Hours/week

1 + 1 related
Todd Louden

Board member

Total calculated

$0

Hours/week

1 + 1 related
Shannon Schumacher

Assistant Treasurer

Total calculated

$249,158

From this org

$0

From related orgs

$228,316

Other

$20,842

Hours/week

1 + 40 related

Schedule J breakdown matched by us

Base

$0 + $228,316 related

Bonus

$0

Other

$0

Deferred

$0 + $10,285 related

Nontaxable benefits

$0 + $10,557 related

Filer's total

$0 + $249,158 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

3 · Compensation committee
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee

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

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

The Villages of Indiana Inc

$2,088,642

Program Support

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.

The Villages of Indiana Inc

501(c)(3) · Help families and youth · IN

Directly controlled by NA

Provenance

Return type: form_990
Tax year: 2024
Filed: 30 July 2025
IRS schema version: 2024v5.1
Source object: 202542119349300024

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