ST RICHARD'S EPISCOPAL SCHOOL FOUNDATION INC

EIN: 201167452 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$2,160,546
Total Expenses
$494,879
Total Assets
$10,350,308
Net Assets
$10,269,555
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IN
Principal Officer
MASON HUGHES
Phone
3179260425
Tax Period
2024-07-01 to 2025-06-30

ST RICHARD'S EPISCOPAL SCHOOL FOUNDATION INC, founded in 2005, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 301% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 77% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT FOR THE WORK AND MINISTRY OF ST. RICHARD'S EPISCOPAL SCHOOL IN INDIANAPOLIS, IN AND ESPECIALLY TO HELP UNDERWRITE THE SCHOOL'S FINANCIAL AID AND SCHOLARSHIP PROGRAMS FOR THE FAMILIES WHO OTHERWISE WOULD NOT BE ABLE TO AFFORD THE TUITION TO ATTEND THE SCHOOL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,419,153
Program Service Revenue $0
Investment Income $741,393
Other Revenue $0
TOTAL REVENUE $2,160,546

Expense Breakdown

Grants Paid $367,000
Salaries & Benefits $0
Fundraising Expenses $75,669
Program Expenses $367,000
Other Expenses $61,879
TOTAL EXPENSES $494,879

Year-over-Year Comparison

2024 2023 Change
Revenue $2,160,546 $539,318 +3.0%
Expenses $494,879 $391,434 +0.3%
Net Income $1,665,667 $147,884 +10.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
14
$107,066
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MASON HUGHES PRESIDENT 4.00
Officer Director
$0 $0 $0
GREG HUMRICHOUSER VICE-PRESIDENT 4.00
Officer Director
$0 $0 $0
ANNE SELLERS TREASURER 4.00
Officer Director
$0 $0 $0
KATHRYN CRABB SCHERER SECRETARY 4.00
Officer Director
$0 $0 $0
DAN STRAHL MEMBER AT-LARGE 4.00
Director
$0 $0 $0
JIM LEMLER BOARD MEMBER 4.00
Director
$0 $0 $0
KEITH JEWELL BOARD MEMBER 4.00
Director
$0 $4,538 $107,066
GINNY RABBIT JENKINS BOARD MEMBER 4.00
Director
$0 $0 $0
MAGGIE RICHMOND CLINE BOARD MEMBER 4.00
Director
$0 $0 $0
CATEY HALE BOARD MEMBER 4.00
Director
$0 $0 $0
MALINA BACON BOARD MEMBER 4.00
Director
$0 $0 $0
ZACH SCHALK BOARD MEMBER 4.00
Director
$0 $0 $0
CARLOS BUSTAMANTE BOARD MEMBER 4.00
Director
$0 $0 $0
TOM GREIST BOARD MEMBER 4.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,160,546 $494,879 $10,350,308 $1,665,667
2024 $539,318 $391,434 $8,476,927 $147,884
2023 $467,713 $508,118 $7,833,837 $-40,405
2022 $691,524 $380,443 $7,909,232 $311,081
2021 $712,960 $362,035 $8,684,396 $350,925
2020 $377,340 $348,722 $6,866,767 $28,618
2018 $603,165 $345,317 $6,953,279 $257,848
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