2026-05-12T10:12:28-05:00 2025-06-30 351178661 BLUE & CO LLC 813 WEST SECOND STREET SEYMOUR IN 47274 990 2024-07-01 264646019 KELLEY EXECUTIVE EDUCATION FOUNDATION INC KELL 8128563944 1275 EAST 10TH STREET BLOOMINGTON IN 47405 SREENIVAS KAMMA TREASURER 8128550229 2026-05-05 1 1 KANDY L WISCHMEIER CPA P00118327 8125228416 2026-05-05 2024 2025-03-06 01:10:19Z SREENIVAS KAMMA 1275 EAST 10TH STREET BLOOMINGTON IN 47405 6162501 0 X WWW.KELLEY.IU.EDU/PROGRAMS/EXECUTIVE-EDUCATION X 2009 IN TO PROVIDE WORLD-CLASS EXECUTIVE DEVELOPMENT EXPERIENCES TO IMPROVE THE STRATEGIC, ORGANIZATIONAL AND COMPETITIVE CAPABILITIES OF ORGANIZATIONS GLOBALLY. 6 0 15 0 0 0 0 295 7043133 6140939 11745 21267 0 0 7054878 6162501 0 0 0 0 1179287 1359709 0 0 0 5490422 4865125 6669709 6224834 385169 -62333 2020950 1982838 1032109 1078928 988841 903910 TO PROVIDE WORLD-CLASS EXECUTIVE DEVELOPMENT EXPERIENCES TO IMPROVE THE STRATEGIC, ORGANIZATIONAL, AND COMPETITIVE CAPABILITIES OF ORGANIZATIONS GLOBALLY. 0 0 5668518 6140939 KELLEY SCHOOL OF BUSINESS EXECUTIVE EDUCATION FOUNDATION IS AN EXECUTIVE EDUCATION ARM OF THE INDIANA UNIVERSITY KELLEY SCHOOL OF BUSINESS, ONE OF THE COUNTRY'S PREMIER BUSINESS SCHOOLS. KEEFI'S MISSION IS TO PROVIDE WORLD-CLASS EXECUTIVE DEVELOPMENT EXPERIENCES TO IMPROVE THE STRATEGIC, ORGANIZATIONAL AND COMPETITIVE CAPABILITIES OF ORGANIZATIONS GLOBALLY, AND TO DEVELOP LEADERSHIP COMPETENCIES OF THE INDIVIDUALS IN THOSE ORGANIZATIONS. 5668518 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 155 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X THE ORGANIZATION 8128563944 1275 EAST 10TH STREET BLOOMINGTON IN 47405 CHRISTIN ROYER DIRECTOR 1.00 40.00 X 0 148654 0 DANIEL SMITH DIRECTOR 1.00 40.00 X 30500 438600 0 PATRICK HOPKINS CHAIR 1.00 40.00 X X 0 445000 0 JOSH PERRY PRESIDENT 1.00 40.00 X X 5668 360000 0 SREENIVAS KAMMA TREASURER 1.00 40.00 X X 37500 312000 0 TERESA KASE SECRETARY 1.00 40.00 X X 0 227500 0 RON THOMAS EXECUTIVE DIRECTOR 40.00 X 223811 0 24494 297479 1931754 24494 1 0 1 0 FIRST CLASS CATERING 4770 RAY BOLL BLVD COLUMBUS IN 47203 FOOD 373001 SLAGGERT LEADERSHIP CONSULTING LLC 2 HOLLYBERRY LANE HILSON HEAD SC 29928 INSTRUCTION 190691 LEVY RESTAURANTS 125 S PENNSYLVANIA ST INDIANAPOLIS IN 46204 FOOD 142554 GREGORY FISHER 2334 E WOODBINE AVE BLOOMINGTON IN 47401 INSTRUCTION 128546 GO EXPRESS TRAVEL 3200 W VENTURE BLVD BLOOMINGTON IN 47404 TRANSPORTATION 122210 5 295 295 EXECUTIVE DEVELOPMENT 611430 6135239 6135239 OTHER PROGRAM REVENUE 611430 5700 5700 6140939 21267 21267 6162501 6140939 0 21267 X 331182 225203 105979 727693 494831 232862 95366 64849 30517 120613 82017 38596 84855 57701 27154 4323 3570 753 18150 14989 3161 2449131 2393040 56091 9705 9705 347077 313079 33998 398 329 69 1903014 1897705 5309 2075 1714 361 100000 100000 1062 721 341 DUES & SUBSCRIPTIONS 19672 9065 10607 MISCELLANEOUS EXPENSE 10518 10518 6224834 5668518 556316 0 976895 1326645 879947 334928 17947 16991 108621 288332 37540 15942 2020950 1982838 600245 309049 312893 662710 118971 107169 1032109 1078928 X 988841 903910 988841 903910 2020950 1982838 -62333 -22598 0 X X 0 1 X 1 0 X X 1 INDIANA UNIV KELLEY SCHOOL OF BUSINESS 356001673 2 1 100000 0 1 100000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 OTHER CURRENT LIABILITIES 107169 107169 X PART X, LINE 2: KEEFI IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. AS SUCH, KEEFI IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, KEEFI IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY. KEEFI IS ALSO SUBJECT TO INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDISCTIONS; HOWEVER, AS OF THE DATE OF THE CONSOLIDATED FINANCIAL STATEMENT WERE AVAILABLE TO BE ISSUED, THERE WERE NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THESE INCOME TAX RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). X 0 0 0 0 0 0 0 0 0 DANIEL SMITH DIRECTOR 30500 438600 0 0 0 0 0 0 0 0 30500 438600 0 0 PATRICK HOPKINS CHAIR 0 445000 0 0 0 0 0 0 0 0 0 445000 0 0 JOSH PERRY PRESIDENT 5668 360000 0 0 0 0 0 0 0 0 5668 360000 0 0 SREENIVAS KAMMA TREASURER 37500 312000 0 0 0 0 0 0 0 0 37500 312000 0 0 RON THOMAS EXECUTIVE DIRECTOR 223811 0 0 0 0 0 0 0 24494 0 248305 0 0 0 TERESA KASE SECRETARY 0 227500 0 0 0 0 0 0 0 0 0 227500 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE CHAIR HAS 50% VOTING RIGHTS AND THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS HAVE THE OTHER 50% OF THE VOTING RIGHT. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT TEAM OF THE ORGANIZATION AND AN INDEPENDENT CPA FIRM REVIEW THE FORM 990 FOR ACCURACY PRIOR TO SIGNING. THE FORM 990 IS PROVIDED TO ALL OFFICERS AND DIRECTORS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL CURRENT OFFICERS AND DIRECTORS ARE COVERED UNDER A CONFLICT OF INTEREST POLICY WHICH IS UPDATED ANNUALLY. IF A CONFLICT IS DISCLOSED, THE INDIVIDUAL WILL RECUSE HIM OR HERSELF FROM DISCUSSIONS AND VOTING. THIS WILL BE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 RON THOMAS WAS PAID AS AN INDEPENDENT CONTRACTOR AND AN EMPLOYEE OF KEEFI AND HIS COMPENSATION WAS DETERMINED BY CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G FACULTY COMPENSATION: PROGRAM SERVICE EXPENSES 2,127,092. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,127,092. OTHER FEES PROGRAM: PROGRAM SERVICE EXPENSES 242,732. MANAGEMENT AND GENERAL EXPENSES 51,195. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 293,927. OTHER FEES: PROGRAM SERVICE EXPENSES 23,216. MANAGEMENT AND GENERAL EXPENSES 4,896. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,112. FORM 990, PART XII, LINE 2C THE PROCEDURES THAT THE AUDIT COMMITTEE TAKES ANNUALLY DID NOT CHANGE IN THE CURRENT YEAR. INDIANA UNIV KELLEY SCHOOL OF BUSINESS 1309 E 10TH STREET BLOOMINGTON IN 47405 356001673 UNIVERSITY IN PUBLIC UNIVERSITY N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0