Iopo Foundation Inc

Nonprofit profile at a glance

EIN
352094558
IRS 990 coverage
2012–2025
Forms available
Form 990 2025, Form 990-EZ 2011, Form 990-T 2024
Location
Indianapolis, IN, USA
Phone
3176850389
Rating
71
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Organ and Tissue Banks

Official website

Reported finances

Revenue
$1,014,674
Expenses
$665,140
Assets
$1,323,042
Liabilities
$71,591

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KELLIE TREMAIN (CEO/PRESIDENT)

Highest reported compensation

  • KELLIE TREMAIN (CEO/PRESIDENT): $968,560 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The iopo foundation, inc. D.b.a. Indiana network foundation is a nonprofit supporting organization of the iopo, inc. D.b.a. Indiana donor network. The purpose of the foundation is to receive gifts on behalf of the Indiana donor network and generate additional revenue as it relates to supporting the strategic mission and vision of the Indiana donor network - saving and enhancing lives through organ, tissue, and eye donation. Another benefit of the foundation is the ability to raise the visibility of the Indiana donor network and bring attention to the need for organ and tissue donation through its fundraising events, educational programs, and media outlets.

What it reported doing in 2025

The iopo foundation, inc. D.b.a. Indiana donor network foundation provided funding for a variety of community organizations and projects with the intent of promoting organ and tissue donation. Some of the programs focus on grief and loss healing for donor families and educating people of all ages about donation while others provided funds to create awareness with hopes of increasing the number of registered donors. Indiana donor network walks donor families through the journey of grief after the death of a loved one. A part of their journey includes opportunities to attend remembrance events. The donor wall remembrance event allows donor families to see that their loved one lives on through the legacy of donation while gathering with other donor families and gaining a sense of healing and belonging. Indiana donor network foundation raises money through its angel fund to assist transplant recipient in paying for their post-transplant medications. These medications can be costly to transplant recipients and the angel fund was formed to eliminate some of the financial hardships in addition to giving transplant recipients access to medications, which are a vital part of maintaining a healthy transplanted organ. Indiana donor network foundation supports programs that support organ, tissue, and eye donation awareness and that educate the greater community that Indiana donor network foundation exists to help facilitate organ and tissue donation. By creating awareness throughout the state of Indiana people are able to make informed decisions about becoming a donor. Donor registrations will increase and more lives will be saved.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 75
  • Accountability: 83
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.3%; rating input score 52
  • Program expense ratio: 78%; rating input score 78
  • Fundraising efficiency: $7.25 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 34.4%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.99; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 12.7%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 12.8% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 13.9% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 16.3% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 52.3% of revenue deployed · 78% of spending went to programs
  • Governance: 4 of 5 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $519K in reported program spending
  • Leadership: top reported pay $969K · 5 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.