To convene, develop, and recognize educators in marion county to create an inclusive, diverse, sustainable education system that retains its high-quality educators and supports all students to thrive.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$145K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $148K a year · 55% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$145K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $70K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$13K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$289K
-24% vs prior year
Spent
$494K
To programs
81%
Net assets
$287K
By yearFY2023–FY2025
Revenue
$289K
FY2024▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2023$380K
FY2024$289K
FY2025$133K
Expenses
$494K
FY2024▲ +26%
Tap a bar for its year
Expenses by fiscal year
FY2023$391K
FY2024$494K
FY2025$361K
Net assets
$287K
FY2024▼ -42%
Tap a bar for its year
Net assets by fiscal year
FY2023$492K
FY2024$287K
FY2025$60K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2022.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $398K Management & general 14% · $71K Fundraising 5% · $24K

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

6 people listed on the 990; $145K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$144,514Pt VII · Sec A
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Sara Marshall’s $141K as Executive Director is at the 94th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Sara Marshall$140,595$144,514$66,543

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Teach Indy INC 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

Develops and recognizes educators to build an inclusive, sustainable system supporting all students.

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Provided by the organization

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3 programs · $67K · in their own filed words · FY2023
01

Teach indy launched a school-based fellowship for teachers to innovate and identify changes their schools could make to increase retention and satisfaction. 15 participants, 3 school administrators and 12 teachers from 4 schools are partipating in monthly training sessions, bi-weekly coaching and will present their ideas to leadership…

$33Kprogram expense
02

In an effort to elevate teacher leadership, provide ongoing development and learning for teachers, and to support teachers with community building, teach indy hosts a one-day educators conference annually in late winter (FEB/MAR) open to teachers across indiana and beyond. This year we hosted over 160 educators from 9A-3P on sat.

$29Kprogram expense
03

To increase teacher retention and satisfaction, teach indy has created a virtual membership platform for educators to gain access to ongoing learning information, discussion boards, affinity groups and more.

$5Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$70K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$289K
Ln 12
Gifts and grantsLn 1h$272K
Fees for servicesLn 2g$9K
Investment incomeLn 3$8K
Money outPt IX
$494K
Ln 25
Programscol B$398K
Managementcol C$71K
Fundraisingcol D$24K
Owns and owesPt X
$287K
net assets · Ln 32
Cash and savingsLn 1–2$285K
Total assetsLn 16$300K
LiabilitiesLn 26$13K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$272K
Fundraising eventsLn 1c$991
Fees for servicesLn 2g$9K
Investment incomeLn 3$8K
Other incomeLn 4–11$121
Total revenueLn 12$289K
Assets in detailPt X, end of year
CashLn 1$285K
Cash and savings togetherLn 1–2$285K
Land, buildings, equipmentLn 10c$822
Other assetsLn 15$8K
Total assetsLn 16$300K
LiabilitiesLn 26$13K
Net assetsLn 32$287K
OperationsPt I, VI
EmployeesI 52
VolunteersI 67
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$486K$285K
Land, buildings, equipmentLn 10c$2K$822
Total assetsLn 16$500K$300K
LiabilitiesLn 26$8K$13K
Net assetsLn 32$492K$287K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$150K$116K$24K$10K
Other salaries and wagesLn 7$60K$47K$9K$4K
Other employee benefitsLn 9$397$8$389
Payroll taxesLn 10$16K$13K$3K
Legal feesLn 11b$5K$3K$2K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$58K$44K$7K$7K
Advertising and promotionLn 12$37K$37K$96
Office expensesLn 13$7K$5K$2K
Information technologyLn 14$571$540$31
TravelLn 17$4K$3K$1K
Depreciation, depletion and amortizationLn 22$823$1$822
InsuranceLn 23$5K$4K$1K
Other expenses (24a–d)Ln 24$128K$124K$1K$3K
All other expensesLn 24e$358$358
Total functional expensesLn 25$494K$398K$71K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $133K$361K−$228K$60K 990 PDF
FY2024 Viewing $289K$494K−$204K$287K 990 PDF
FY2023 $380K$391K−$11K$492K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $289,117 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $366,080$271,762
I-9 Program service revenuePrior year $10,303$9,033
I-10 Investment incomePrior year $3,409$8,201
I-11 Other revenuePrior year $312$121
I-12 Total revenuePrior year $380,104$289,117
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $197,209$226,681
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $194,003$266,844
I-18 Total expensesPrior year $391,212$493,525
I-19 Revenue less expensesPrior year −$11,108−$204,408
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $289,117 across 8 lines filed
VIII-1c Fundraising events$991
VIII-1f All other contributions, gifts and grants$270,771
VIII-1h Total contributions, gifts and grants$271,762
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,033$9,033
VIII-3 Investment incomeExcluded from tax $8,201$8,201
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $121$121
VIII-12 Total revenueRelated to mission $9,154 · Unrelated business $0 · Excluded from tax $8,201$289,117
Part IX · Statement of functional expenses $493,525 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $115,946 · Management $23,816 · Fundraising $10,214$149,976
IX-7 Other salaries and wagesPrograms $47,151 · Management $8,841 · Fundraising $4,155$60,147
IX-9 Other employee benefitsPrograms $8 · Management $389$397
IX-10 Payroll taxesPrograms $13,395 · Management $2,766$16,161
IX-11b Legal feesPrograms $2,888 · Management $1,800$4,688
IX-11c Accounting feesManagement $20,323$20,323
IX-11g Other fees for servicesPrograms $44,268 · Management $6,683 · Fundraising $6,885$57,836
IX-12 Advertising and promotionPrograms $37,361 · Management $96$37,457
IX-13 Office expensesPrograms $4,868 · Management $1,905$6,773
IX-14 Information technologyPrograms $540 · Management $31$571
IX-17 TravelPrograms $3,213 · Management $1,236$4,449
IX-22 Depreciation, depletion and amortizationPrograms $1 · Management $822$823
IX-23 InsurancePrograms $4,016 · Management $1,172$5,188
IX-24 Other expenses (24a–d)Programs $124,195 · Management $1,215 · Fundraising $2,968$128,378
IX-24e All other expensesPrograms $358$358
IX-25 Total functional expensesPrograms $398,208 · Management $71,095 · Fundraising $24,222$493,525
Part X · Balance sheet $300,275 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $486,151$285,128
X-4 Accounts receivable$671
X-9 Prepaid expenses and deferred chargesStart of year $3,997$5,654
X-10c Land, buildings and equipment, netStart of year $1,645$822
X-15 Other assetsStart of year $8,000$8,000
X-16 Total assetsStart of year $499,793$300,275
X-17 Accounts payable and accrued expensesStart of year $8,127$13,017
X-26 Total liabilitiesStart of year $8,127$13,017
X-27 Net assets without donor restrictionsStart of year $368,256$287,258
X-28 Net assets with donor restrictionsStart of year $123,410$0
X-32 Total net assets or fund balancesStart of year $491,666$287,258
X-33 Total liabilities and net assetsStart of year $499,793$300,275
Part XI · Reconciliation of net assets $287,258 net assets at year end
XI-1 Total revenue$289,117
XI-2 Total expenses$493,525
XI-3 Revenue less expenses−$204,408
XI-4 Net assets at start of year$491,666
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$287,258

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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