Leo Elementary Parent Teacher Organization Inc

Nonprofit profile at a glance

EIN: 351977449
IRS 990-EZ coverage: 2010–2024
Forms available: Form 990 2011, Form 990-EZ 2024
Location: LEO, IN, USA
Phone: 2604460170
Rating: 84
Verdict: STRONG
Rating confidence: Moderate
Sector: Parent/Teacher Group

Reported finances

Revenue: $29,426
Expenses: $37,645
Assets: $38,468

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

SHELBY SIPES (PRESIDENT)

People named in this filing

SHELBY SIPES (PRESIDENT)
MELISSA COX (FORMER LEO V)
CAIT WALLS (CEDARVILLE V)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To make a difference in our children's education through activities inside and outside the school, program incentives and fund raisers. Pto directly provides for financial needs that cannot be met by east allen county schools funding.

What it reported doing in 2024

The function of the pto is to service as a liaison between the schools of leo elementary, cedarville elementary and home, that parents and staff may cooperate in the education of children, while exerting a positive posture toward the upgrading and support of the educational process within and relative to the school.

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 99
Transparency & Controls: 82
Sustainability: 29
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 97%; rating input score 97

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -27.9%; rating input score 19; 19th percentile among comparable filings
Total-asset coverage ratio: 1.02; rating input score 47; 47th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -9.2% per year; rating input score 0; 28th percentile among comparable filings
Revenue growth: -10.2% per year; rating input score 0; 24th percentile among comparable filings
Asset growth: -0.5% per year; rating input score 0; 36th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 97% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $37K in reported program spending
Leadership: top reported pay $0 · 7 people listed
Consistency: 7 of 7 current checks pass
Schedules: 3 filed schedules
Filing history: 14 filing years from 2010 to 2024
Contacts: How to reach this organization
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.

High — Sustainability: Operating margin scored 19/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
Review — Sustainability: Officer compensation ratio scored 56/100.