BT Foundation Inc

EIN: 852490076 501(c)(3) Civil Rights & Advocacy

Indianapolis, IN

Total Revenue
$274,968
Total Expenses
$150,096
Total Assets
$402,144
Net Assets
$402,144
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
IN
Principal Officer
Connie A Lahn
Phone
3172361313
Tax Period
2025-01-01 to 2025-12-31

BT Foundation Inc, founded in 2020, is a small nonprofit in the Civil Rights & Advocacy sector that reported $275K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $125K, a strong 45% operating margin.

Mission

The BT Foundation is dedicated to ensuring that all individuals in the communities we serve, regardless of background, orientation, or other inherent characteristics, have access to equitable resources and opportunities to thrive.

Program Service Accomplishments

Program 1
Expenses: $150,000 Revenue: $0

Barnes & Thornburg LLP established the BT Foundation, Inc., a nonprofit 501(c)(3) organization, to promote inclusion and provide opportunities for all individuals, regardless of background...

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Barnes & Thornburg LLP established the BT Foundation, Inc., a nonprofit 501(c)(3) organization, to promote inclusion and provide opportunities for all individuals, regardless of background, orientation, or other inherent characteristics, to thrive. Partners and staff of Barnes & Thornburg LLP (approximately 1,000 individuals) contributed funding, which was used to make grants to three 501(c)(3) organizations during 2025. Those funds have been earmarked to support nonprofit organizations in the communities in which we have offices that work hard to ensure that all individuals have access to equitable resources and opportunities to thrive. Their important missions and powerful triumphs make the world a better place.

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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 (2025)

Revenue Breakdown

Contributions & Grants $273,171
Program Service Revenue $0
Investment Income $1,797
Other Revenue $0
TOTAL REVENUE $274,968

Expense Breakdown

Grants Paid $150,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $150,000
Other Expenses $96
TOTAL EXPENSES $150,096

Year-over-Year Comparison

2025 2024 Change
Revenue $274,968 $353,530 -0.2%
Expenses $150,096 $300,000 -0.5%
Net Income $124,872 $53,530 +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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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
7
Independent Members
N/A
Employees
N/A
Volunteers
8

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Detherage Director 1
Director
$0 $0 $0
Roscoe Howard Director 1
Director
$0 $0 $0
Dawn Rosemond Director 1
Director
$0 $0 $0
Connie A Lahn President 1
Officer Director
$0 $0 $0
Allen Baum Vice President 1
Officer Director
$0 $0 $0
Michael Carrillo Secretary 1
Officer Director
$0 $0 $0
Steven Merkel Treasurer (1/1/25-6/1/25) 1
Officer Director
$0 $0 $0
Stacie Gayheart Treasurer (6/13/25-12/31/25) 1
Officer 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 $274,968 $150,096 $402,144 $124,872
2024 $353,530 $300,000 $277,272 $53,530
2023 $325,248 $200,000 $223,742 $125,248
2022 $330,577 $250,000 $98,494 $80,577
2021 $291,684 $300,018 $17,917 $-8,334
2020 $226,251 $200,000 $26,251 $26,251
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