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Park Tudor Foundation

Indianapolis, IN · EIN 35-0909976 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Park Tudor Foundation reported $39.9 million in revenue and $35.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.87 went to program services, $11.56 to management and general costs and $2.57 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 75.3% of the total. The highest compensation it reported for one person was $605,608 (HEAD OF SCHOOL). 19 people received more than $100,000 in reportable compensation. Revenue fell 6% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $40M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.10$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
23.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
75.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$605,608$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.73%1.28%
People paid over $100,000
Part VII, line 2
198
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
17.113.3
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$30M expenses · 100.0% of program spending · grants $4.0M · revenue $30M

To provide private education for 994 students ages 3 through grade 12

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL
Officer, 40.00 hrs/week
$448,826$0$156,782$605,608
DIRECTOR OF FACILITIES
Highest compensated employee, 40.00 hrs/week
$138,993$0$120,309$259,302
CFOO
Officer, 40.00 hrs/week
$180,396$0$26,218$206,614
DIRECTOR OF LOWER SCHOOL
Highest compensated employee, 40.00 hrs/week
$140,382$0$33,784$174,166
DIRECTOR OF MIDDLE SCHOOL
Highest compensated employee, 40.00 hrs/week
$132,936$0$39,357$172,293
DIRECTOR OF ATHLETICS
Highest compensated employee, 40.00 hrs/week
$141,737$0$29,988$171,725
DIRECTOR OF UPPER SCHOOL
Highest compensated employee, 40.00 hrs/week
$137,942$0$30,730$168,672

19 people received more than $100,000 in reportable compensation from Park Tudor Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $846K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$40M$35M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$40M$35M85.9%$50M$605,608
FY2024 ⓘ$33M$34M85.6%$45M$456,843
FY2023 ⓘ$31M$34M83.2%$46M$368,566
FY2022 ⓘ$30M$31M83.9%$49M$505,215
FY2021 ⓘ$34M$29M86.2%$49M$479,939
FY2020 ⓘ$42M$28M83.9%$44M$463,466

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5408
  • Volunteers Part I, line 6800

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SAGE DINING SERVICES INC
Food services
$1,490,870
NORTH MECHANICAL SERVICES INC
Maintenance
$1,075,878
OUTDOOR COURT SPECIALISTS LLC
Construction services - tennis court
$839,617
INDIANA SERVICES LLC
Cleaning services
$399,760
MD ROWE CONSTRUCTION INC
Maintenance and construction
$237,798

Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to Park Tudor Foundation totaling $71,786 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Park Tudor Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Park Tudor Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Indiana

Questions people ask

How much of Park Tudor Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Park Tudor Foundation reported that 85.9% of its $35.0 million in expenses went to program services, 11.6% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does Park Tudor Foundation pay its top executive?

The largest total compensation Park Tudor Foundation reported for one person in the fiscal year ending June 30, 2025 was $605,608, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Park Tudor Foundation get its money?

Of $39.9 million in revenue in the fiscal year ending June 30, 2025, 23.1% came from contributions and grants (including 0.2% from government grants) and 75.3% from program service revenue (Form 990, Part VIII).

Is Park Tudor Foundation a registered charity?

The IRS lists EIN 35-0909976 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640759349300879 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530879349300133 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411209349301416 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349308764 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231269349301103 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131339349303498 · read the filing

All filings for EIN 35-0909976: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.