The Foundation for Indiana University of Pennsylvania (Iup)

Nonprofit profile at a glance

EIN
256087074
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Indiana, PA, USA
Phone
7243573184
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$25,494,777
Expenses
$17,973,529
Assets
$254,532,222
Liabilities
$115,678,709

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

Leadership & pay

19 people listed

Executive titles in this filing

  • DAVID BLUEMLING (VICE PRESIDENT)
  • ELIZABETH LAUBER (EXECUTIVE DIRECTOR)
  • JAMES LEDA (PRESIDENT)

Highest reported compensation

  • ELIZABETH LAUBER (EXECUTIVE DIRECTOR): $200,249 total reported compensation
  • RANDY THORNTON (DIRECTOR OF FINANCIAL OPS): $99,112 total reported compensation

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

Overview

Mission

To provide philanthropic support to Indiana university of Pennsylvania.

What it reported doing in 2024

The foundation for iup owns and rents residential housing to students of iup.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 82
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.5%; rating input score 79
  • Program expense ratio: 93.3%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 29.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 14.16; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 80; 80th percentile among comparable filings

Growth

  • Program expense growth: -6.9% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -3.1% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 78.5% of revenue deployed · 93.3% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $16.8M in reported program spending
  • Leadership: top reported pay $200K · 19 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 42 of 42 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.