Nonprofit · EIN 31-1162335
ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-EZ (amended) | $70,108 | $109,162 | -$39,054 | $296,146 | $690 | $295,456 |
| August 31, 2024 | 990-EZ | $70,900 | $111,110 | -$40,210 | $345,133 | $10,623 | $334,510 |
| August 31, 2023 | 990-EZ | $33,317 | $98,690 | -$65,373 | $374,745 | $25 | $374,720 |
Financial details: 990-EZ for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $70,108
Expenses
- Grants and similar amounts paid
- $104,395
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $4,767
- Program services (functional)
- $109,162
Balance sheet and other
- Total assets, start of year
- $345,133
- Total assets, end of year
- $296,146
- Total liabilities, end of year
- $690
- Net assets, end of year
- $295,456
- Cash, savings and investments
- $289,109
- Gross receipts
- $70,108
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHALONDA MORROW | DIRECTOR | 1 | $0 |
| JENNIFER LAUGHLIN | DIRECTOR | 1 | $0 |
| JENNIFER BUTLER | DIRECTOR | 1 | $0 |
| TROY JOHNSON | DIRECTOR | 1 | $0 |
| STACY KURDELAK | CHAIR (7/15/25-CURRENT) | 1 | $0 |
| DR HEATHER SCHILLING | DIRECTOR | 1 | $0 |
| DR MATTIE L JONES | DIRECTOR | 1 | $0 |
| MATT WHITSON | SECRETARY/TREASURER | 1 | $0 |
| DIANA REED | DIRECTOR | 1 | $0 |
| JENNIFER SMITH-MARGRAF | CHAIR(9/24-7/25) DIRECTOR (7/15/25) | 1 | $0 |
| NATHAN WILLIAMS | DIRECTOR (9/9/24-CURRENT) | 1 | $0 |
| KEITH GAMBILL | DIRECTOR (9/1/24-7/14/25) | 1 | $0 |
990-EZ for the year ended August 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER CLUTTER | SECRETARY/TREASURER | 1 | $0 |
| SHALONDA MORROW | DIRECTOR | 1 | $0 |
| KEITH GAMBILL | EX OFFICIO, VP OF FOUNDATION | 1 | $0 |
| DR MATTIE L JONES | DIRECTOR | 1 | $0 |
| JENNIFER LAUGHLIN | DIRECTOR | 1 | $0 |
| JENNIFER BUTLER | DIRECTOR | 1 | $0 |
| JENNIFER SMITH-MARGRAF | CHAIRPERSON & PRESIDENT OF FND | 1 | $0 |
| DR HEATHER SCHILLING | DIRECTOR | 1 | $0 |
| DIANA REED | DIRECTOR | 1 | $0 |
| TROY JOHNSON | DIRECTOR | 1 | $0 |
990-EZ for the year ended August 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER CLUTTER | SECRETARY/TREASURER | 1 | $0 |
| SHALONDA MORROW | DIRECTOR | 1 | $0 |
| KEITH GAMBILL | EX OFFICIO | 1 | $0 |
| MATTIE L JONES | DIRECTOR | 1 | $0 |
| JENNIFER LAUGHLIN | DIRECTOR | 1 | $0 |
| JENNIFER BUTLER | DIRECTOR | 1 | $0 |
| JENNIFER SMITH-MARGRAF | CHAIR | 1 | $0 |
| HEATHER SCHILLING | DIRECTOR | 1 | $0 |
| DIANA REED | DIRECTOR | 1 | $0 |
| TROY JOHNSON | DIRECTOR | 1 | $0 |
| SHERYL MATHIS | EX OFFICIO | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 150 W MARKET ST STE 900, INDIANAPOLIS, IN 46204-2814
- Signed the 990-EZ
- KEITH ZAPP, ISTA CFO
- Phone
- (317) 263-3350
- Return prepared by
- BARNES DENNIG & CO LTD
Mission
ISTA FOUNDATION FOR THE IMPROVEMENT OF EDUCATION (ISTA FOUNDATION) IS COMMITTED TO THE CONTINUING EDUCATION AND TRAINING OF TEACHERS AND OTHER SCHOOL PERSONNEL. ISTA FOUNDATION WORKS TO PROMOTE PUBLIC EDUCATION BY ENGAGING COMMUNITY PARTNERS AND BRINGING AWARENESS OF SUCCESSES OF PUBLIC SCHOOLS.
Program accomplishments
- SCHOLARSHIP AWARDS & EDUCATORS GRANTSExpenses $109,162 · grants $104,395
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-EZ on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-EZ on file |
IRS record
- EIN
- 31-1162335
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $296,146
- Income (IRS master file)
- $70,108
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | August 2025 | $70,108 | $109,162 | $296,146 | XML |
| 990-EZ | August 2024 | $70,900 | $111,110 | $345,133 | XML |
| 990-EZ | August 2023 | $33,317 | $98,690 | $374,745 | XML |
| 990-EZ | August 2022 | – | – | – | IRS |
| 990-EZ | August 2021 | – | – | – | IRS |
| 990-EZ | August 2020 | – | – | – | IRS |
| 990-EZ | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1162335).
Questions about ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC
- What is the EIN of ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC?
- The employer identification number (EIN) of ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC is 31-1162335.
- Is ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended August 2025.
- Who are the officers and directors of ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC?
- The 990-EZ for the year ended August 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does ISTA FOUNDATION FOR THE IMPROVMENT OF EDUCATION INC have?
- On its 990-EZ for the year ended August 31, 2025 it reported revenue of $70,108, expenses of $109,162 and total assets of $296,146 at year end.
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