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PACERS BASKETBALL CORP FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PACERS BASKETBALL CORP FOUNDATION INC (EIN 35-1908365)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-18
IRS object ID
202411099349300826
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-18T11:02:40-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN352123203PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KSM BUSINESS SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 40857AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46240ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN351908365EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACERS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPACEBusinessNameControlTxt
Phone3179172540PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 SOUTH PENNSYLVANIA STAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATT ALBRECHTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3179172500PhoneNum
Signature2024-03-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMATTPersonFirstNm
Person LastALBRECHTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCASSE TATEPreparerPersonNm
PTINP01271193PTIN
Phone3175802000PhoneNum
Preparation2024-03-19PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATT ALBRECHTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 SOUTH PENNSYLVANIA STAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,187,489GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.PACERSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1993FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION IS DEDICATED TO RAISING FUNDS IN SUPPORT OF YOUTH-ORIENTED CHARITIES AND PROGRAMS ACROSS THE STATE OF INDIANA. IT SEEKS TO DRAW ON THE ENERGY, TEAM PRIDE, AND SPIRIT OF SELFLESSNESS THAT CHARACTERIZE PACER BASKETBALL TO HELP MAKE A DIFFERENCE FOR YOUNG PEOPLE.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers35TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$265,638PYContributionsGrantsAmt
CY Contributions Grants$886,143CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$53,391PYInvestmentIncomeAmt
CY Investment Income$53,377CYInvestmentIncomeAmt
PY Other Revenue-$22,262PYOtherRevenueAmt
CY Other Revenue-$79,910CYOtherRevenueAmt
PY Total Revenue$296,767PYTotalRevenueAmt
CY Total Revenue$859,610CYTotalRevenueAmt
PY Grants And Similar Paid$254,577PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$152,092CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$20,081PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$82,051CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$32,820CYTotalFundraisingExpenseAmt
PY Other Expenses$44,322PYOtherExpensesAmt
CY Other Expenses$182,928CYOtherExpensesAmt
PY Total Expenses$318,980PYTotalExpensesAmt
CY Total Expenses$417,071CYTotalExpensesAmt
PY Revenues Less Expenses-$22,213PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$442,539CYRevenuesLessExpensesAmt
Total Assets BOY$948,029TotalAssetsBOYAmt
Total Assets EOY$1,495,172TotalAssetsEOYAmt
Total Liabilities BOY$17,496TotalLiabilitiesBOYAmt
Total Liabilities EOY$76,161TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$930,533NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,419,011NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$184,913ExpenseAmt
Grant$152,092GrantAmt
DescCHARITABLE DONATIONS ARE AWARDED TO VARIOUS 501(C)(3) GROUPS THAT ARE COMMITTED TO MAKING A DIFFERENCE IN THE LIVES OF INDIANA'S YOUTH BY ENCOURAGING THEM TO SET PERSONAL GOALS AND ACTUALIZE THEIR DREAMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$122,401ExpenseAmt
DescMATH HOOPS IS A FOUR-YEAR INITIATIVE THAT ALIGNS A STATEWIDE FOCUS BY EDUCATION, BUSINESS AND CIVIC LEADERS TO STRENGTHEN ACCESS TO QUALITY STEM EDUCATION. DATA SHOWS PERSISTENT GAPS IN MATH PROFICIENCY, PARTICULARLY FOR LOWER-INCOME STUDENTS, EVEN AS MORE CAREERS DEMAND GREATER MASTERY OF STEM SUBJECTS. THE NBA MATH HOOPS PROGRAM HAS DEMONSTRATED SUCCESS OVER TIME IN IMPROVING OUTCOMES IN CITIES WHERE IT HAS BEEN IMPLEMENTED THROUGH SCHOOLS AND COMMUNITY ORGANIZATIONS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$307,314TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KYLE HEIDELBERGERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3179172550PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 SOUTH PENNSYLVANIA STAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RACHEL SIMON
CHAIR1.00Yes (X)Yes (X)$0$0$0
MEL RAINES
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
MATT ALBRECHT
TREASURER1.00Yes (X)Yes (X)$0$0$0
COREY WILSON
EXECUTIVE DIRECTOR AND SEC10.00Yes (X)Yes (X)$0$0$0
BILL BENNER
BOARD MEMBER1.00Yes (X)$0$0$0
DANNY LOPEZ
BOARD MEMBER1.00Yes (X)$0$0$0
CINDY SIMON-SKJODT
BOARD MEMBER1.00Yes (X)$0$0$0
GREG SCHENKEL
BOARD MEMBER1.00Yes (X)$0$0$0
QUINN BUCKNER
BOARD MEMBER1.00Yes (X)$0$0$0
RICK FUSON
BOARD MEMBER1.00Yes (X)$0$0$0
TRACY ELLIS-WARD
BOARD MEMBER1.00Yes (X)$0$0$0
RICO FRANCIS
BOARD MEMBER, SOCIAL IMPACT DIR.1.00Yes (X)$89,713$0$12,250
FieldValueIRS element (for citing)
Total Reportable Comp From Org$89,713TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$12,250TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$326,014FundraisingAmt
All Other Contributions$560,129AllOtherContributionsAmt
Noncash Contributions$41,082NoncashContributionsAmt
Total Contributions$886,143TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,776TotalRevenueColumnAmt
Exclusion$41,776ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$205,462SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$193,861SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$11,601SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,601TotalRevenueColumnAmt
Exclusion$11,601ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$54,108FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$326,014ContriRptFundraisingEventAmt
Fundraising Direct Expenses$134,018FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$79,910TotalRevenueColumnAmt
Exclusion-$79,910ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$859,610TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$26,533ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$132,092TotalAmt
Program Services$132,092ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$20,000TotalAmt
Program Services$20,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$82,051TotalAmt
Program Services$32,821ProgramServicesAmt
Management And General$16,410ManagementAndGeneralAmt
Fundraising$32,820FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,154TotalAmt
Management And General$4,154ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,000TotalAmt
Management And General$17,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,680TotalAmt
Management And General$5,680ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$29,023TotalAmt
Management And General$29,023ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,865TotalAmt
Management And General$3,865ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescMATH HOOPSDesc
Total$122,401TotalAmt
Program Services$122,401ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$805TotalAmt
Management And General$805ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$417,071TotalAmt
Program Services$307,314ProgramServicesAmt
Management And General$76,937ManagementAndGeneralAmt
Fundraising$32,820FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$58,595BOYAmt
EOY$282,116EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,600BOYAmt
EOY$230,271EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$17,355EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$876,475BOYAmt
EOY$964,766EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$359BOYAmt
EOY$664EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$948,029BOYAmt
EOY$1,495,172EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,496BOYAmt
EOY$76,161EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,496BOYAmt
EOY$76,161EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$865,321BOYAmt
EOY$1,073,179EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$65,212BOYAmt
EOY$345,832EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$930,533BOYAmt
EOY$1,419,011EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$948,029BOYAmt
EOY$1,495,172EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$442,539ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$45,939NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$380,969CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$383,038CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$196,582CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$265,638CurrentTaxYearMinus1YearAmt
Current Tax Year$886,143CurrentTaxYearAmt
Total$2,112,370TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$380,969CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$383,038CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$196,582CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$265,638CurrentTaxYearMinus1YearAmt
Current Tax Year$886,143CurrentTaxYearAmt
Total$2,112,370TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$368,051SubstantialContributorsTotAmt
Public Support Total170$1,744,319PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$37,416CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,263CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,437CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,391CurrentTaxYearMinus1YearAmt
Current Tax Year$41,776CurrentTaxYearAmt
Total$202,283TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,048CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,555CurrentTaxYearMinus3YearsAmt
Current Tax Year$0CurrentTaxYearAmt
Total$71,603TotalAmt
FieldValueIRS element (for citing)
Total Support$2,386,256TotalSupportAmt
Public Support CY1700.73100PublicSupportCY170Pct
Public Support PY1700.77420PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$983,464TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$45,939NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$90,191DonatedServicesAndUseFcltsAmt
Revenue Not Reported$136,130RevenueNotReportedAmt
Revenue Subtotal$847,334RevenueSubtotalAmt
Investment Expenses Not Incld$5,680InvestmentExpensesNotIncldAmt
Other Revenues Not Included$6,596OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$12,276RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$859,610TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$494,986TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$90,191DonatedServicesUseFcltsAmt
Expenses Not Reported$90,191ExpensesNotReportedAmt
Expenses Subtotal$404,795ExpensesSubtotalAmt
Investment Expenses Not Incld2$5,680InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$6,596OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$12,276ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$417,071TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR FISCAL YEARS 2023 AND 2022. THE FOUNDATION FILES U.S FEDERAL AND INDIANA INFORMATION RETURNS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. MANAGEMENT BELIEVES THAT THE FOUNDATION'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES NETTED WITH REVENUE ON 990 6,596.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES NETTED WITH REVENUE ON 990 6,596.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GOLF OUTINGEvent1Nm
Gross Receipts Event1$190,445GrossReceiptsEvent1Amt
Charitable Contri Event1$136,337CharitableContriEvent1Amt
Gross Revenue Event1$54,108GrossRevenueEvent1Amt
Other Direct Expenses Event1$66,449OtherDirectExpensesEvent1Amt
Event2MASQUERADEEvent2Nm
Gross Receipts Event2$131,555GrossReceiptsEvent2Amt
Charitable Contri Event2$131,555CharitableContriEvent2Amt
Food And Beverage Event2$14,377FoodAndBeverageEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$58,122GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$58,122CharitableContriOtherEventsAmt
Rent Fclty Costs Other Events$3,722RentFcltyCostsOtherEventsAmt
Oth Direct Expnss Other Events$49,470OthDirectExpnssOtherEventsAmt
Gross Receipts Total$380,122GrossReceiptsTotalAmt
Charitable Contributions Tot$326,014CharitableContributionsTotAmt
Gross Revenue Total Events$54,108GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$3,722RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$14,377FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$115,919OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$134,018DirectExpenseSummaryEventsAmt
Net Income Summary-$79,910NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
GLEANERS FOOD BANK
3737 WALDERMERE AVENUEINDIANAPOLISIN46241351483868501(C)(3)$9,584$0PROVIDE FOOD FOR THE HUNGRY
CHILD ADVOCATES
8200 HAVERSTICK RD 240INDIANAPOLISIN46240351788240501(C)(3)$5,000$0YOUTH DEVELOPMENT
ST MARY'S EARLY CHILDHOOD CENTER
901 DR MLK JR STINDIANAPOLISIN46202351141484501(C)(3)$5,000$0YOUTH DEVELOPMENT
COBURN PLACE SAFEHAVEN INC
604 E 38TH STINDIANAPOLISIN46205371421922501(C)(3)$8,000$0SUPPORT CHILDREN'S SERVICES
INDIANA LATINO INSTITUTE
2126 N MERIDIAN ST SUITE 100INDIANAPOLISIN46202260036285501(C)(3)$8,000$0BOLSTER CUSTOMIZED ONE-ON-ONE COLLEGE ACCESS AND FINANCIAL AID INFORMATION FOR LATINO HIGH SCHOOL STUDENTS
YWCA NORTHEAST INDIANA
5920 DECATUR ROADFORT WAYNEIN46816350868220501(C)(3)$8,000$0SUPPORT COMMUNITY EDUCTION PROGRAM
100 BLACK MEN OF INDIANAPOLIS INC
1500 E MICHIGAN ST NO 8INDIANAPOLISIN46201351813852501(C)(3)$8,000$0YOUTH WORK-BASED LEARNING EXPERIENCES
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient8RecipientCnt
Cash Grant$20,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationON ANY MULTI YEAR COMMITMENT THE FOUNDATION REQUIRES THAT THE GRANTEE ORGANIZATION PROVIDE CERTAIN BENCHMARKING MATERIAL TO ENSURE THAT THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE. THE BENCHMARKING MATERIAL SHOULD INCLUDE THE SPECIFIC DETAILS OF WHAT THE PROGRAM IS TRYING TO ACCOMPLISH AND THE PROGRESS MADE IN ATTAINING THESE GOALS. ALSO INCLUDED SHOULD BE THE NUMBER OF YOUNG PEOPLE IMPACTED BY THE PROGRAM. FOR ALL OTHER GRANT COMMITMENTS, THE FOUNDATION INQUIRES ABOUT THE VIABILITY OF THE ORGANIZATION AND MANY TIMES THE FOUNDATION WORKS ALONGSIDE THE GRANTEE ORGANIZATION TO HELP ENSURE THAT THE SPECIFIC GOAL IS MET. THE PACERS FOUNDATION WORKS CLOSELY WITH RECIPIENTS TO ENSURE FUNDS ARE BEING USED FOR THE INTENDED PURPOSE. SCHOLARSHIPS ARE AWARDED BY COMMITTEE AFTER REVIEW OF STUDENT APPLCIATION.ExplanationTxt

Schedule M IRS990ScheduleM

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$16,050NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution6ContributionCnt
Noncash Contributions Rpt F990$16,172NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescGOLF PRIZESDesc
Contribution3ContributionCnt
Noncash Contributions Rpt F990$8,860NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1THE FOUNDATION IS DEDICATED TO RAISING FUNDS IN SUPPORT OF YOUTH-ORIENTED CHARITIES AND PROGRAMS ACROSS THE STATE OF INDIANA. IT SEEKS TO DRAW ON THE ENERGY, TEAM PRIDE, AND SPIRIT OF SELFLESSNESS THAT CHARACTERIZE PACER BASKETBALL TO HELP MAKE A DIFFERENCE FOR YOUNG PEOPLE.
FORM 990, PART III, LINE 2PACERS FOUNDATION INC. ADDED PROGRAM MATHHOOPS TO REINFORCE STEM EDUCATION IN SCHOOLS ACROSS THE STATE OF INDIANA.
FORM 990, PART VI, SECTION A, LINE 2RACHEL SIMON AND CINDY SIMON-SKJODT HAVE A FAMILY RELATIONSHIP. RICK FUSON HAS A BUSINESS RELATIONSHIP WITH QUINN BUCKNER.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINAL DRAFT OF THE 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW. EACH BOARD MEMBER SUBMITS QUESTIONS AND THEN SIGNS OFF BEFORE THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS ARE GENERALLY NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART XII, LINE 2CTHE ENTIRE BOARD OF PACERS FOUNDATION ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.
FORM 990 PART IX, LINE 7WAGES ARE PAID BY A RELATED ENTITY, PACERS BASKETBALL, LLC 35-1563785 UNDER A COMMON PAYMASTER ARRANGEMENT.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACERS BASKETBALL LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 SOUTH PENNSYLVANIA STREETAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
EIN351563785EIN
Primary ActivitiesNBA FRANCHISEPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Predominant Income TypeN/APredominantIncomeTypeTxt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd