Indiana Schools Educational Service Ctr FY2020 filing

Indianapolis, INUnknown exempt organization EIN 20-7096433Revenue $679K in FY2020Latest return filed Sep 11, 2025

On file with the IRSisesc.net5875 Castle Creek Pkwy N Dr Ste 215 · Indianapolis, IN

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To provide member Schools self-insured liability exposure at a lower cost than is possible with traditional policies of insurance through a self-insurance program.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $46K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$455K
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$679K
Spent
$270K
To programs
100%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$679K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$679K
FY2021$910K
FY2022$286K
FY2023$462K
FY2024$192K
Expenses
$270K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$270K
FY2021$769K
FY2022$1.0M
FY2023$334K
FY2024$343K
Net assets
$1.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$550K
FY2023$677K
FY2024$527K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $269K Management & general 0% · $271

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Indiana Schools Educational Service Ctr executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers schools affordable self-insured liability coverage.

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Provided by the organization

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1 program · $269K · in their own filed words · FY2020
01

The indiana schools' educational service center risk management program self-insurance trust is an organization formed by indiana member school corporations to make available to its members a self insurance program, pursuant to which its member school corporations may self-insure their liability exposures at a lower expected cost than is…

$269Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$679K
Ln 12
Gifts and grantsLn 1h$679K
Money outPt IX
$270K
Ln 25
Programscol B$269K
Managementcol C$271
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$1.6M
LiabilitiesLn 26$455K
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$679K
Gains on assetsLn 7$0
Total revenueLn 12$679K
Assets in detailPt X, end of year
CashLn 1$8K
SavingsLn 2$0
Cash and savings togetherLn 1–2$8K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$325K
Total assetsLn 16$1.6M
LiabilitiesLn 26$455K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$45$8K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.2M$1.6M
LiabilitiesLn 26$479K$455K
Net assetsLn 32$755K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$55$55
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$670$670
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$261K$261K
All other expensesLn 24e$8K$7K$271
Total functional expensesLn 25$270K$269K$271$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Sep 11, 2025 $192K$343K−$151K$527K 990 PDF
FY2023Filed with the IRS Nov 18, 2024 $462K$334K$128K$677K 990 PDF
FY2022Filed with the IRS Jun 30, 2023 $286K$1.0M−$756K$550K 990 PDF
FY2021Filed with the IRS May 16, 2022 $910K$769K$141K$1.3M 990 PDF
FY2020 ViewingFiled with the IRS Jul 12, 2021 $679K$270K$409K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $679,003 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $503,221$679,003
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,090$0
I-11 Other revenue$0
I-12 Total revenuePrior year $507,311$679,003
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $791,085$269,544
I-18 Total expensesPrior year $791,085$269,544
I-19 Revenue less expensesPrior year −$283,774$409,459
Part VI · Governance 23 of 23 board members independent, 4 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $679,003 across 8 lines filed
VIII-1f All other contributions, gifts and grants$679,003
VIII-1h Total contributions, gifts and grants$679,003
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$679,003
Part IX · Statement of functional expenses $269,544 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technologyPrograms $55$55
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $670$670
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $261,079$261,079
IX-24e All other expensesPrograms $7,469 · Management $271$7,740
IX-25 Total functional expensesPrograms $269,273 · Management $271 · Fundraising $0$269,544
Part X · Balance sheet $1,619,525 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $45$8,082
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $908,474$1,286,443
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $325,000$325,000
X-16 Total assetsStart of year $1,233,519$1,619,525
X-17 Accounts payable and accrued expensesStart of year $478,624$455,171
X-26 Total liabilitiesStart of year $478,624$455,171
X-27 Net assets without donor restrictionsStart of year $754,895$1,164,354
X-32 Total net assets or fund balancesStart of year $754,895$1,164,354
X-33 Total liabilities and net assetsStart of year $1,233,519$1,619,525
Part XI · Reconciliation of net assets $1,164,354 net assets at year end
XI-1 Total revenue$679,003
XI-2 Total expenses$269,544
XI-3 Revenue less expenses$409,459
XI-4 Net assets at start of year$754,895
XI-10 Net assets at end of year$1,164,354

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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