Sec. 12.5. "Charitable government services organization" means a bona fide charitable organization that meets the following requirements:
(1) The organization:
(A) operates; and
(B) is in existence;
in Indiana.
(2) The organization has a constitution, articles, charter, or bylaws that contain a clause that provides that upon dissolution all remaining assets shall be used for the organization's stated purposes.
(3) The organization is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code.
(4) The organization has a contract with the department of child services to provide child welfare services.