INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SAGAMORE INSTITUTE INC, founded in 2005, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $16.8M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.9M, a strong 17% operating margin.
AN INDIANAPOLIS-BASED NONPROFIT, NONPARTISAN PUBLIC POLICY RESEARCH ORGANIZATION OR "THINK TANK." IT IS OUR MISSION TO RESEARCH AND ANALYZE DIFFICULT ISSUES AND TO CONNECT THE BEST IDEAS WITH LEADERS WHO CAN TRANSFORM THEM INTO SMARTER POLICY AND IMPROVED PRACTICE.
EDUCATION THE EDUCATIONAL OPPORTUNITIES PROGRAM SERVES THE J1 VISA PROGRAM, WHICH ISSUES VISAS AND MONITORS HIGHLY-QUALIFIED INTERNATIONAL TEACHERS WHO COME TO THE USA TO TEACH. IT ALSO OPERATES...
EDUCATION THE EDUCATIONAL OPPORTUNITIES PROGRAM SERVES THE J1 VISA PROGRAM, WHICH ISSUES VISAS AND MONITORS HIGHLY-QUALIFIED INTERNATIONAL TEACHERS WHO COME TO THE USA TO TEACH. IT ALSO OPERATES SCHOLARSHIPS FOR EDUCATION CHOICE, AN INDIANA SCHOLARSHIP GRANTING ORGANIZATION WHICH GRANTS SCHOLARSHIPS SO THAT STUDENTS CAN ATTEND THE SCHOOL OF THEIR CHOICE. TO RAISE THE FUNDS NECESSARY TO AWARD THE SCHOLARSHIPS, THE ORGANIZATION IS ABLE TO OFFER INDIVIDUAL AND BUSINESS DONORS A STATE TAX CREDIT EQUAL TO FIFTY PERCENT (50%) OF THE AMOUNT DONATED. SINCE THE PROGRAM'S BEGINNING AT THE ORGANIZATION, THE ACADEMIC YEARS OF OPERATIONS JULY 2011 JUNE 2024, "SCHOLARSHIPS FOR EDUCATION CHOICE" AWARDED APPROXIMATELY $50 MILLION TO OVER 9,000 INDIANA STUDENTS. THE ADMINISTRATIVE FEE INCOME VS. SCHOLARSHIP INCOME PERCENTAGE WAS 6.51% AND 4.65 % IN 2023 AND 2022, RESPECTIVELY. THE ORGANIZATION MEETS THE STATUTORY REQUIREMENTS AS STATED IN IC 20-51-3-3 SEC 3(3) AND DOES NOT USE MORE THAN TEN PERCENT OF THE TOTAL AMOUNT OF SCHOLARSHIP CONTRIBUTIONS FOR ADMINISTRATIVE COSTS.
COMMUNITY DEVELOPMENT - THE ORGANIZATION'S CITIZENSHIP PORTFOLIO ENGAGES CITIZENS, SCHOLARS, AND POLITICIANS TO DEVELOP COMMUNITIES WHERE ALL PEOPLE CAN THRIVE. MANY OF THE INITIATIVES HAVE A FOCUS...
COMMUNITY DEVELOPMENT - THE ORGANIZATION'S CITIZENSHIP PORTFOLIO ENGAGES CITIZENS, SCHOLARS, AND POLITICIANS TO DEVELOP COMMUNITIES WHERE ALL PEOPLE CAN THRIVE. MANY OF THE INITIATIVES HAVE A FOCUS ON CAPACITY-BUILDING FOR COMMUNITY-BASED ORGANIZATIONS.
CRIMINAL JUSTICE REFORM - THE ORGANIZATION'S CRIMINAL JUSTICE REFORM PORTFOLIO AIMS TO HELP RESCUE AND RESTORE THOSE HURT BY CRIME AND THOSE WHOSE CRIMINAL BEHAVIOR HURTS THEMSELVES AND SOCIETY. THE...
CRIMINAL JUSTICE REFORM - THE ORGANIZATION'S CRIMINAL JUSTICE REFORM PORTFOLIO AIMS TO HELP RESCUE AND RESTORE THOSE HURT BY CRIME AND THOSE WHOSE CRIMINAL BEHAVIOR HURTS THEMSELVES AND SOCIETY. THE ORGANIZATION IS ADVANCING NEW IDEAS FOR CRIMINAL JUSTICE POLICY REFORM AND GROUND-BREAKING INNOVATIONS. A KEY INITIATIVE IS ONE HEART, A NATIONAL COLLABORATIVE INITIATIVE THAT PROVIDES MENTORS, EDUCATION AND TRAINING PROGRAMS, AND ANCILLARY ELEMENTS TO INCARCERATED AND PROBATED YOUTH, TO EQUIP THEM WITH THE NECESSARY TOOLS AND LIFE SKILLS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $16,762,794 | $15,197,658 | +0.1% |
| Expenses | $13,902,629 | $16,525,932 | -0.2% |
| Net Income | $2,860,165 | $-1,328,274 | -3.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAY F HEIN | CHIEF EXECUTIVE OFFICER | 40.00 |
Director
|
$239,730 | $25,716 | $265,446 |
| JEAN WOJTOWICZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAYTON MOLENDORP | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG WILSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG WESTRICK | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLAUDIA CUMMINGS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATIE MOTE | PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM ODLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLISON BARBER | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EARL PHALEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICH WESTLAKE | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$84,365 | $7,244 | $91,609 |
| TERESA LUBBERS | PRESIDENT | 40.00 |
Officer
|
$172,708 | $13,301 | $186,009 |
| BLAIR MILO | DIR - CENTER TALENT & OPPO | 40.00 |
Highest
|
$148,940 | $2,716 | $151,656 |
| LAUREL VANDENBERG | DIRECTOR - EDUCATIONAL OPPORTUNITIES | 40.00 |
Highest
|
$100,947 | $11,926 | $112,873 |
| DANIEL M CAHALEN | SENIOR FELLOW | 40.00 |
Highest
|
$144,311 | $514 | $144,825 |
| BRIAN SCHMIDT | MANAGER - PURPOSEFUL DESIGN, LLC | 40.00 |
Highest
|
$139,923 | $0 | $139,923 |
| DAVID PALMER | MANAGER - PURPOSEFUL DESIGN, LLC | 40.00 |
Highest
|
$133,215 | $0 | $133,215 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $16,762,794 | $13,902,629 | $15,774,857 | $2,860,165 |
| 2022 | $15,197,658 | $16,525,932 | $13,251,995 | $-1,328,274 |
| 2021 | $19,355,363 | $14,835,776 | $13,977,659 | $4,519,587 |
| 2020 | $13,086,562 | $11,630,285 | $9,305,298 | $1,456,277 |
| 2019 | $13,987,222 | $12,518,166 | $7,787,158 | $1,469,056 |
| 2018 | $14,889,414 | $13,464,162 | $6,379,693 | $1,425,252 |
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