Wayne Township Education Foundation Inc

Nonprofit profile at a glance

EIN
351836690
IRS 990 coverage
2016–2025
Forms available
Form 990 2025
Location
Indianapolis, IN, USA
Phone
3179887966
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Reported finances

Revenue
$497,031
Expenses
$357,465
Assets
$2,828,679
Liabilities
$2,835

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

Leadership & pay

26 people listed

Executive titles in this filing

  • LISA BAIZE (EXECUTIVE DIRECTOR)
  • KRISTEN DAWN (PRESIDENT)
  • MICHELLE STOHLER (VICE PRESIDENT)

Highest reported compensation

  • LISA BAIZE (EXECUTIVE DIRECTOR): $74,438 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 wayne township education foundation provides community leadership to enrich, engage, and stimulate teaching and learning in metropolitan school district of wayne township by supporting school programs and resources, while recognizing excellence.

What it reported doing in 2025

With support from several grant opportunities -- Indiana association of public education foundations and iu health, we supported the giants marketplace food pantry. Giants marketplace is a school-based food pantry servicing families whose children are enrolled in the metropolitan school district (msd) of wayne township. This program is done in partnership with gleaners community food bank. Currently, giants marketplace is a district-wide initiative focused on providing a more readily accessible source of food and personal hygiene items to students and their families. As a school-based initiative, the giants marketplace allows students and their families to have easier access to food assistance and feel more comfortable accessing this assistance. The giants marketplace operates on a monthly distribution basis. However, services can be rendered for families that need food and personal hygiene items immediately as needed, upon request to a school principal, social worker, school counselor, or parent liaison. The giants marketplace exists to help keep students in school by eliminating food insecurity as a barrier to educational attainment. The giants marketplace is accessible to eligible students, faculty, and staff during the school year, and food is provided at no charge. During 2025-26, wayne township education foundation funding supported 670 families who benefitted from 10-day food baskets.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.2%; rating input score 71
  • Program expense ratio: 61.8%; rating input score 62
  • Fundraising efficiency: $6.56 raised per $1 spent on fundraising; rating input score 27; 27th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st 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; 64th 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: 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: Fail

Sustainability

  • Operating margin: 28.1%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 7.91; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 20.8%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 5.3% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 71.2% of revenue deployed · 61.8% of spending went to programs
  • Governance: 20 of 20 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $221K in reported program spending
  • Leadership: top reported pay $74K · 26 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 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.

  • High — Financial Efficiency: Fundraising efficiency scored 27/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.