SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC
EIN 45-3249908 · Adult Education (B60)
What they do
THE PURPOSE of THE SILA FOUNDATION is to PROVIDE AN EDUCATIONAL FORUM for THE PUBLIC. EDUCATIONAL CONTENT WILL COVER FINANCIAL SERVICES, SPECIFICALLY SECURITIES AND/OR INSURANCE, and ITS PURPOSE WILL BE to DEVELOP AND/OR IMPROVE INDIVIDUALS CAPABILITIES REGARDING FINANCIAL SERVICES. ACTIVITIES MAY INCLUDE EDUCATIONAL MATERIALS, COURSES, PUBLIC DISCUSSION GROUPS, FORUMS, PANELS, LECTURES, PERSONAL CAREER DEVELOPMENT, MENTORING, JOB TRAINING, JOB FAIRS, or OTHER PROGRAMS AS DETERMINED BY THE SILA FOUNDATION BOARD of TRUSTEES. THESE ACTIVITIES MAY BE PRESENTED IN PERSON or VIA THE INTERNET.
Should I give to this charity?
Of every $100 spent, about $24.60 was reported for mission work and $0.00 for fundraising. Understand this before you give.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2024The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders12 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Pay context: The highest compensation shown in this filing is $39,716 for MARY ELLEN HAMMACK (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.
Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.
Pause before giving. This filing reports that 0.0% of spending went to fundraising and 24.6% went to mission work. Ask the charity to explain these numbers and show recent results.
Has the pattern changed?
Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
People reported as paid
Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.
See everyone listed on the board or leadership roster (12)
MARY ELLEN HAMMACKEXECUTIVE DIRECTOR
ANN ROBINSONTRUSTEE, COMMUNICATIONS & PR
DAN KOLAKOWSKITRUSTEE, DEVELOPMENT
DIANA CAPESTRUSTEE, SILA RELATIONS
FRED KARLINSKYTRUSTEE, REGULATORY & ORG RELATIONS
JULIA MENDELTRUSTEE, EDUCATION
LESLI LEAKEYIMMEDIATE-PAST PRESIDENT
MARGARET BRAGGTRUSTEE, COMPLIANCE
NIKKI BROWNPRESIDENT
ROBERT BIRMANTREASURER
STEPHANIE RUSTADSECRETARY
SUSAN DURBINTRUSTEE, SCHOLARSHIPS & GRANTS
About this charity
- Recognized since
- January 2012
- Location
- PO BOX 498, ZIONSVILLE, IN 46077-0498
- County
- Boone
- In care of
- MARY ELLEN HAMMACK
- Primary officer
- MARY ELLEN HAMMACK, EXECUTIVE DIRECTOR
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990EZ
- Tax preparer
- GREENWALT CPAS INC
- NTEE classification
- Adult Education (B60)
- IRS tax category
- Adult Education