Indiana Philanthropy Alliance Inc

EIN: 351835134 501(c)(3) Philanthropy & Grantmaking

Indianapolis, IN

Total Revenue
$2,465,886
Total Expenses
$2,879,646
Total Assets
$4,617,513
Net Assets
$3,582,860
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IN
Phone
3176305200
Tax Period
2024-01-01 to 2024-12-31

Indiana Philanthropy Alliance Inc, founded in 1990, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.5M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 17% operating deficit.

Mission

Our mission is to champion, support and connect our members as they transform Indiana through effective philanthropy.

Program Service Accomplishments

Program 1
Expenses: $865,539 Revenue: $31,540

Gift Technical Assistance Program: Supporting Indiana community foundations, this program provides technical assistance, training, and resources to over 90 community foundations and affiliate funds...

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Gift Technical Assistance Program: Supporting Indiana community foundations, this program provides technical assistance, training, and resources to over 90 community foundations and affiliate funds participating in the GIFT (Giving Indiana Funds for Tomorrow) initiative. In 2024, the program's approximately 50 training events encompassed nearly 900 participants serving communities throughout Indiana. There were about 150 attendees at three "Boot Camps"-basic training for community foundation and board and staff members-and over 400 GIFT technical assistance in-person and virtual consultations ranging in scope, issue area, and complexity.

Program 2
Expenses: $766,024 Revenue: $294,371

Member Services: Indiana Philanthropy Alliance (IPA) fosters a collaborative and knowledgeable philanthropic sector that is empowered to address society's most pressing challenges. During 2024, IPA...

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Member Services: Indiana Philanthropy Alliance (IPA) fosters a collaborative and knowledgeable philanthropic sector that is empowered to address society's most pressing challenges. During 2024, IPA held multiple networking/peer gatherings across the state and produced hundreds of email newsletters that informed and engaged its network. IPA's website was leveraged to amplify the work of philanthropy while recruiting new talent and partners into the sector. IPA also provided technical assistance and web-based access to vetted technical and professional resources. Grantmaker Education and Resources: Indiana Philanthropy Alliance (IPA) offers a comprehensive array of quality educational programs designed to fulfill members' professional development needs at a free and affordable price. During 2024, IPA provided a biennial conference with dozens of speakers and sessions, as well as over 100 educational programs, cohort meetings, and Peer Community convenings to expand its member's horizons and networks. There were 2,400 attendees at IPA programs and 520 unique organizations represented. In addition to events, IPA's searchable online knowledgebase provides access to a wealth of resources spanning various topics for foundations and corporate philanthropy. Additionally, IPA extends its expertise nationally to philanthropy-serving organizations and foundations through virtual Community Foundation Boot Camps and Foundation Legal Help Desk services.

Program 3
Expenses: $531,480

Community Foundation Internships (CFI) Program: The CFI program provides Indiana community foundations participating in the GIFT initiative access to grant dollars to hire college students attending...

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Community Foundation Internships (CFI) Program: The CFI program provides Indiana community foundations participating in the GIFT initiative access to grant dollars to hire college students attending an Indiana-accredited college or university. The program aims to provide operational support to foundations-expanding their capacity to serve communities. It also gives Indiana students hands-on job training and experiences that enrich their educational and personal development. These young professionals exit the program deeply aware of the important role community foundations and philanthropy serve in improving our quality of life. In 2024, 36 community foundations and affiliates offered 72 college internships.

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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 $1,899,312
Program Service Revenue $356,069
Investment Income $206,347
Other Revenue $4,158
TOTAL REVENUE $2,465,886

Expense Breakdown

Grants Paid $456,300
Salaries & Benefits $1,364,135
Fundraising Expenses $0
Program Expenses $2,223,618
Other Expenses $1,059,211
TOTAL EXPENSES $2,879,646

Year-over-Year Comparison

2024 2023 Change
Revenue $2,465,886 $3,654,444 -0.3%
Expenses $2,879,646 $2,430,921 +0.2%
Net Income $-413,760 $1,223,523 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
13
Volunteers
51

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
5
$238,321
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brienne Hooker Vice Chair 1.0
Officer Director
$0 $0 $0
Jeff Small Chair 1.0
Officer Director
$0 $0 $0
Stephanie Overbey Secretary 1.0
Officer Director
$0 $0 $0
Tim Murphy Treasurer 1.0
Officer Director
$0 $0 $0
Charlotte Hawthorne Director 1.0
Director
$0 $0 $0
Clayton Boyles Director 1.0
Director
$0 $0 $0
Dan Davis Director 1.0
Director
$0 $0 $0
Jenna Wachtmann Director 1.0
Director
$0 $0 $0
Josh Daugherty Director 1.0
Director
$0 $0 $0
Josh Kornberg Director (part year) 1.0
Director
$0 $0 $0
Maggi Spartz Director 1.0
Director
$0 $0 $0
Maria Fruth Director 1.0
Director
$0 $0 $0
Pamela Ross Director (Part Year) 1.0
Director
$0 $0 $0
Rich Haddad Director 1.0
Director
$0 $0 $0
Thomas Major Jr Director 1.0
Director
$0 $0 $0
Tina Peterson Director 1.0
Director
$0 $0 $0
Claudia Cummings President/CEO 40.0
Officer
$199,583 $38,738 $238,321
Amy Haacker VP, Community Foundation Programs 40.0
Highest
$140,996 $29,048 $170,044
Elisabete Silloto Senior Director Marketing & Business Intelligence 40.0
Highest
$101,404 $23,491 $124,895
Maddison Miller VP External Relations 40.0
Highest
$106,016 $21,979 $127,995
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
2024 $2,465,886 $2,879,646 $4,617,513 $-413,760
2023 $3,654,444 $2,430,921 $5,736,804 $1,223,523
2022 $3,525,253 $2,565,536 $3,615,584 $959,717
2021 $1,191,041 $1,035,667 $2,099,351 $155,374
2020 $1,384,048 $950,201 $1,789,678 $433,847
2019 $899,869 $959,197 $1,315,111 $-59,328
2018 $997,737 $1,024,659 $1,259,671 $-26,922
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