INDIANAPOLIS PUBLIC TRANSPORTATION FOUNDATION

EIN: 832474739 501(c)(3) Public & Societal Benefit

INDIANAPOLIS, IN

Total Revenue
$1,890,277
Total Expenses
$2,125,478
Total Assets
$1,893,109
Net Assets
$1,048,178
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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
2018
Legal Domicile
IN
Phone
3175595226
Tax Period
2024-01-01 to 2024-12-31

INDIANAPOLIS PUBLIC TRANSPORTATION FOUNDATION, founded in 2018, is a community nonprofit in the Public & Societal Benefit sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $2.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

MISSION STATEMENT: TO HELP CONNECT PEOPLE TO THEIR LIVES THROUGH ACCESSIBLE, EQUITABLE, AND INCLUSIVE PUBLIC TRANSPORTATION SOLUTIONS.

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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 $1,672,041
Program Service Revenue $180,057
Investment Income $55,768
Other Revenue $-17,589
TOTAL REVENUE $1,890,277

Expense Breakdown

Grants Paid $867,650
Salaries & Benefits $441,039
Fundraising Expenses $227,613
Program Expenses $1,526,340
Other Expenses $805,789
TOTAL EXPENSES $2,125,478

Year-over-Year Comparison

2024 2023 Change
Revenue $1,890,277 $1,822,455 +0.0%
Expenses $2,125,478 $1,584,592 +0.3%
Net Income $-235,201 $237,863 -2.0%
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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Governance

Voting Members
16
Independent Members
16
Employees
6
Volunteers
24

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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY MEAUX EXECUTIVE DIRECTOR 40.00
Highest
$129,148 $25,280 $154,428
RICHARD H WILSON Jr BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL LENNOX SECRETARYTRESURER 1.00
Officer Director
$0 $0 $0
LACEY EVERETT BOARD MEMBER 1.00
Director
$0 $0 $0
ADDISON POLLOCK CHAIR 1.00
Officer Director
$0 $0 $0
DAVID HOLT BOARD MEMBER 1.00
Director
$0 $0 $0
LISA BENTLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM BURTNER BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN CASTER BOARD MEMBER 1.00
Director
$0 $0 $0
TEDD GRAIN BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER MCCLOUD BOARD MEMBER 1.00
Director
$0 $0 $0
MEKEY MCALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
HARDI SHAH VICE CHAIR 1.00
Officer Director
$0 $0 $0
DANI MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
JARVIS JOINTER BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE SCHULTE BOARD MEMBER 1.00
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
2024 $1,890,277 $2,125,478 $1,893,109 $-235,201
2023 $1,539,021 $1,301,158 $1,377,061 $237,863
2022 $1,446,670 $517,264 $1,046,312 $929,406
2021 $438,558 $400,124 $116,111 $38,434
2020 $260,481 $182,804 $77,677 $77,677
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