Public Education Foundation Of Valparaiso Indiana Inc

Valparaiso Education Foundation maintains balanced operations with no executive compensation.

EIN: 208926696 · Valparaiso, IN · NTEE: B82 · Updated: 2026-03-28

$192KRevenue
$242KAssets
90/100Mission Score (Excellent)
B82
Public Education Foundation Of Valparaiso Indiana Inc Financial Summary
MetricValue
Total Revenue$192K
Total Expenses$208K
Program Spending90%
Net Assets$227K
Transparency Score90/100

Is Public Education Foundation Of Valparaiso Indiana Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Public Education Foundation Of Valparaiso Indiana Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Public Education Foundation Of Valparaiso Indiana Inc

Public Education Foundation Of Valparaiso Indiana Inc (EIN: 208926696) is a nonprofit organization based in Valparaiso, IN, classified under NTEE code B82. The organization reported total revenue of $192K and total assets of $242K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public Education Foundation Of Valparaiso Indiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Public Education Foundation Of Valparaiso Indiana Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$209K
Total Expenses$208K
Surplus / Deficit+$391
Total Assets$227K
Net Assets$227K
Operating Margin0.2%
Months of Reserves13.1 months

Financial Health Grade: A

In 2023, Public Education Foundation Of Valparaiso Indiana Inc reported a surplus of $391 with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Public Education Foundation Of Valparaiso Indiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+123.5%-16.8%-26.6%
2022-66.3%+47.4%-39.2%
2021+79.8%+34.7%+26.7%
2020-0.3%-23.4%+18.2%
2019-9.4%+3.8%-2.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Public Education Foundation Of Valparaiso Indiana Inc demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. For instance, in 2023, revenue was $208,744 against expenses of $208,353, indicating a balanced operational year. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial stability and a volunteer-driven leadership model. While the asset base has fluctuated, reaching a high of $508,741 in 2021 and settling at $226,945 in 2023, the absence of liabilities suggests prudent financial management. The organization's transparency is high given the consistent filing of IRS Form 990s and the clear reporting of no officer compensation. This suggests that the vast majority of funds are directed towards its mission rather than executive salaries. The NTEE code B82 (Elementary & Secondary Education) aligns with its name, indicating a clear program focus. The financial data does not provide a detailed breakdown of program vs. administrative spending, which would further enhance transparency, but the lack of executive compensation is a significant positive. Overall, the foundation appears to be a financially sound and transparent organization, effectively managing its resources to support public education in Valparaiso. Its consistent operational balance and lack of debt are commendable, though a more granular expense breakdown would offer deeper insights into spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Public Education Foundation Of Valparaiso Indiana Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Public Education Foundation Of Valparaiso Indiana Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$209KTotal Revenue
$208KTotal Expenses
$227KTotal Assets
$227KNet Assets
  • The organization reported a surplus of $391, with revenue exceeding expenses.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure where no funds are used for executive salaries, which is highly commendable for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Public Education Foundation Of Valparaiso Indiana Inc:

  • Consistent reporting of 0% officer compensation, indicating volunteer leadership.
  • Zero reported liabilities across all filings, demonstrating strong financial health.
  • Generally balanced revenues and expenses, showing operational stability (e.g., 2023: Revenue $208,744, Expenses $208,353).
  • Clear mission alignment with NTEE code B82 (Elementary & Secondary Education).

Frequently Asked Questions about Public Education Foundation Of Valparaiso Indiana Inc

Is Public Education Foundation Of Valparaiso Indiana Inc a legitimate charity?

Public Education Foundation Of Valparaiso Indiana Inc (EIN: 208926696) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Public Education Foundation Of Valparaiso Indiana Inc spend its money?

Public Education Foundation Of Valparaiso Indiana Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Public Education Foundation Of Valparaiso Indiana Inc tax-deductible?

Public Education Foundation Of Valparaiso Indiana Inc is registered as a tax-exempt nonprofit (EIN: 208926696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Public Education Foundation Of Valparaiso Indiana Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Public Education Foundation Of Valparaiso Indiana Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Public Education Foundation Of Valparaiso Indiana Inc located?

Public Education Foundation Of Valparaiso Indiana Inc is headquartered in Valparaiso, Indiana and files with the IRS under EIN 208926696. It is classified under NTEE code B82.

How many years of IRS 990 filings does Public Education Foundation Of Valparaiso Indiana Inc have?

Public Education Foundation Of Valparaiso Indiana Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $192K in total revenue.

Is Public Education Foundation Of Valparaiso Indiana Inc a good charity?

Based on the available IRS 990 data, the Public Education Foundation Of Valparaiso Indiana Inc appears to be a good charity. It consistently operates with balanced revenues and expenses, reports zero liabilities, and has no officer compensation, indicating that funds are directly applied to its mission.

How does the organization manage its assets?

The organization's assets have fluctuated, reaching a high of $508,741 in 2021 and $226,945 in 2023. However, it consistently reports zero liabilities, suggesting that its assets are unencumbered by debt and are managed prudently.

What is the trend in the organization's revenue?

The organization's revenue has shown some variability, with a high of $276,997 in 2021 and a low of $93,406 in 2022. The latest reported revenue for 2023 was $208,744, indicating a generally stable, albeit fluctuating, funding base.

Filing History

IRS 990 filing history for Public Education Foundation Of Valparaiso Indiana Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Public Education Foundation Of Valparaiso Indiana Inc's revenue has grown by 43.6%, moving from $145K to $209K. Total assets decreased by 46.1% over the same period, from $421K to $227K. Total functional expenses rose by 310%, from $51K to $208K. In its most recent filing year (2023), Public Education Foundation Of Valparaiso Indiana Inc reported a surplus of $391, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $209K $208K $227K $0
2022 $93K $250K $309K $0 View 990
2021 $277K $170K $509K $0
2020 $154K $126K $402K $0 View 990
2019 $155K $165K $340K $0 View 990
2018 $171K $159K $348K $0 View 990
2017 $175K $147K $416K $0 View 990
2016 $179K $136K $359K $0 View 990
2015 $122K $117K $317K $0 View 990
2014 $160K $119K $311K $0 View 990
2013 $137K $87K $270K $0 View 990
2012 $83K $76K $427K $0 View 990
2011 $145K $51K $421K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $209K, expenses of $208K, and assets of $227K (revenue +123.5% year-over-year).
  • 2022: Revenue of $93K, expenses of $250K, and assets of $309K (revenue -66.3% year-over-year).
  • 2021: Revenue of $277K, expenses of $170K, and assets of $509K (revenue +79.8% year-over-year).
  • 2020: Revenue of $154K, expenses of $126K, and assets of $402K (revenue -0.3% year-over-year).
  • 2019: Revenue of $155K, expenses of $165K, and assets of $340K (revenue -9.4% year-over-year).
  • 2018: Revenue of $171K, expenses of $159K, and assets of $348K (revenue -2.7% year-over-year).
  • 2017: Revenue of $175K, expenses of $147K, and assets of $416K (revenue -1.9% year-over-year).
  • 2016: Revenue of $179K, expenses of $136K, and assets of $359K (revenue +46.0% year-over-year).
  • 2015: Revenue of $122K, expenses of $117K, and assets of $317K (revenue -23.7% year-over-year).
  • 2014: Revenue of $160K, expenses of $119K, and assets of $311K (revenue +16.7% year-over-year).
  • 2013: Revenue of $137K, expenses of $87K, and assets of $270K (revenue +66.0% year-over-year).
  • 2012: Revenue of $83K, expenses of $76K, and assets of $427K (revenue -43.0% year-over-year).
  • 2011: Revenue of $145K, expenses of $51K, and assets of $421K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Public Education Foundation Of Valparaiso Indiana Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Public Education Foundation Of Valparaiso Indiana Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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