Civic Intelligence

Flagship Enterprise Center Inc.

990 • Fiscal year 2024 • EIN 04-3732583

Jun 01, 2023 to May 31, 2024 • Filed on Feb 12, 2025

Organization ProfileFLAGSHIPENTERPRISE.ORG
2705 Enterprise DriveAnderson, IN 46013

(765) 622-0400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.18x

Higher debt load relative to assets than 46% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

1.70x

Higher debt load relative to revenue than 85% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

60th percentile

8.6%

Higher net margin than 60% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$182,478

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

19%

Faster revenue growth than 68% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$38,434,037

Up $4,123,853 (+12%) from 2023

Net Assets

Up

$31,491,753

Up $366,122 (+1.2%) from 2023

Liabilities

Up

$6,942,284

Up $3,757,731 (+118%) from 2023

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin60th percentile

Revenue

Up

$4,088,380

Up $639,511 (+19%) from 2023

Expenses

Up

$3,737,258

Up $341,711 (+10%) from 2023

Net Income

Up

$351,122

Up $297,800 (+558%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $9,074,439Liabilities 2011: $3,065,862Net Assets 2011: $6,008,5772011Assets 2012: $9,288,399Liabilities 2012: $2,775,289Net Assets 2012: $6,513,1102012Assets 2013: $10,730,057Liabilities 2013: $3,392,707Net Assets 2013: $7,337,3502013Assets 2014: $11,565,231Liabilities 2014: $3,549,130Net Assets 2014: $8,016,1012014Assets 2015: $12,621,427Liabilities 2015: $4,198,591Net Assets 2015: $8,422,8362015Assets 2017: $34,614,461Liabilities 2017: $7,494,303Net Assets 2017: $27,120,1582017Assets 2018: $32,842,270Liabilities 2018: $5,996,931Net Assets 2018: $26,845,3392018Assets 2019: $29,284,944Liabilities 2019: $5,560,277Net Assets 2019: $23,724,6672019Assets 2020: $38,817,581Liabilities 2020: $14,573,433Net Assets 2020: $24,244,1482020Assets 2021: $43,787,383Liabilities 2021: $18,661,452Net Assets 2021: $25,125,9312021Assets 2022: $36,311,474Liabilities 2022: $5,224,165Net Assets 2022: $31,087,3092022Assets 2023: $34,310,184Liabilities 2023: $3,184,553Net Assets 2023: $31,125,6312023Assets 2024: $38,434,037Liabilities 2024: $6,942,284Net Assets 2024: $31,491,7532024Assets 2025: $38,573,905Liabilities 2025: $7,588,742Net Assets 2025: $30,985,1632025

Highlighted filing

2024

Assets$38,434,037
Liabilities$6,942,284
Net Assets$31,491,753
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,574,540Expenses 2011: $1,114,851Net Income 2011: $3,459,6892011Expenses 2012: $1,315,9512012Revenue 2013: $2,236,039Expenses 2013: $1,411,799Net Income 2013: $824,2402013Revenue 2014: $2,000,740Expenses 2014: $1,327,828Net Income 2014: $672,9122014Revenue 2015: $1,847,850Expenses 2015: $1,441,115Net Income 2015: $406,7352015Revenue 2017: $11,037,719Expenses 2017: $2,489,295Net Income 2017: $8,548,4242017Revenue 2018: $2,516,875Expenses 2018: $2,791,694Net Income 2018: -$274,8192018Revenue 2019: -$34,638Expenses 2019: $3,086,001Net Income 2019: -$3,120,6392019Revenue 2020: $3,476,670Expenses 2020: $2,957,189Net Income 2020: $519,4812020Revenue 2021: $3,502,370Expenses 2021: $2,620,587Net Income 2021: $881,7832021Revenue 2022: $8,589,036Expenses 2022: $2,627,658Net Income 2022: $5,961,3782022Revenue 2023: $3,448,869Expenses 2023: $3,395,547Net Income 2023: $53,3222023Revenue 2024: $4,088,380Expenses 2024: $3,737,258Net Income 2024: $351,1222024Revenue 2025: $3,702,475Expenses 2025: $4,209,065Net Income 2025: -$506,5902025

Highlighted filing

2024

Revenue$4,088,380
Expenses$3,737,258
Net Income$351,122
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Feb 12, 2025
Return Version
2023v6.0
Gross Receipts
$4,088,380
Mission and Program Overview

Mission

To contribute to the long-term economic development of the communities of anderson, madison county, and the state of indiana by encouraging and nurturing the entrepreneurial spirit through providing mentoring, networking, business services, educational opportunities, and access to capital.

The flagship enterprise center's mission is to contribute to the long-term economic development of the communities of anderson, madison county, and the state of indiana by encouraging and nurturing the entrepreneurial spirit through providing mentoring, networking, business services, educational opportunities, and access to capital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,753,316$25,518,028▼ $235,288
Other Notes and Loans Receivable, Net$4,651,889$7,574,234▲ $2,922,345
Cash and Non-Interest-Bearing Accounts$2,777,367$4,159,669▲ $1,382,302
Accounts Receivable$657,472$733,619▲ $76,147
Savings and Temporary Cash Investments$312,409$261,477▼ $50,932
Prepaid Expenses and Deferred Charges$6,271$5,681▼ $590
Pledges and Grants Receivable$460--
Total Assets$34,310,184$38,434,037▲ $4,123,853
Other Assets Total$151,000$181,329▲ $30,329
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,872,064$6,733,767▲ $3,861,703
Accounts Payable and Accrued Expenses$229,079$145,347▼ $83,732
Other Liabilities$83,410$63,170▼ $20,240
Total Liabilities$3,184,553$6,942,284▲ $3,757,731
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,860,747$31,418,231▲ $557,484
Net Assets With Donor Restrictions$264,884$73,522▼ $191,362
Total Net Assets Fund Balance$31,125,631$31,491,753▲ $366,122
Total Liabilities and Net Assets / Fund Balance$34,310,184$38,434,037▲ $4,123,853

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,132,135$3,640,919$27,773,054
Land$1,276,723-$1,276,723
Equipment$109,170$479,257$588,427
Leasehold Improvements$0$83,081$83,081
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry TruittPresidentFT$154,875$27,603$182,478

Board Members and Trustees

NameTitle
Tim LananeChair
Stephanie MoranVice Chair
Doug WhithamDirector
Jack KeeslingDirector
Jon AdamsDirector
Leila KellyDirector
Mike BarkerDirector
Suahi HousholderDirector
Terri AustinDirector
David EicksSecretary
Dan CourtneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,595,933
Program Service Revenue
$1,882,444
Investment Income
$594,320
Other Revenue
$15,683
All Other Contributions
$944,413
Change in Net Assets
$351,122

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,898,290
Revenue Not Reported on Financial Statements
$190,090
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$190,090
Total Revenue per Audited Statements
$3,898,290
Total Revenue per Form 990
$4,088,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,194,003
Salaries, Compensation, and Employee Benefits$1,543,255
Total Fundraising Expense$1,009
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$892,752$454,858-$1,347,610
Occupancy$742,112--$742,112
Depreciation Depletion$485,278--$485,278
All Other Expenses$131,793$82,143-$213,936
Office Expenses$96,548$94,187-$190,735
Payroll Taxes$80,947$37,402-$118,349
Other Employee Benefits$53,469$23,827-$77,296
Other Expenses$73,205$10,941$1,000$73,205
Fees for Services Accounting-$54,352-$54,352
Interest$40,274--$40,274
Travel$8,795$11,904$9$20,708
Fees for Services Legal-$7,035-$7,035
Total Functional Expenses$2,942,753$793,496$1,009$3,737,258

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,737,258
Total Expenses per Audited Statements$3,737,258
Total Expenses per Form 990$3,737,258
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Barbara AlderBoard Member and Chair of Flagship Enterprise Capital BoardFlagship Capital Is a Microloan Lender, a Related Entity, Providing Financial Services. Someflagship Capital Clients May, From Time to Time, Also Be Serviced by the Flagship Enterprise Center.No$0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$47,426
Other Current Liabilities$15,134
Sales Tax Payable$590
Accrued Interest$20
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The executive committee (president, board chair, secretary, & treasurer) has been authorized to review the form 990 and provide a report to the board.”

Form 990, Part VI, Section B, Line 12C

“The organization reviews the policy as new officers, directors, and key employees are added (or changed) and reviews existing members, not less than annually.”

Form 990, Part VI, Section B, Line 15

“The annual performance review is completed on the ceo by the executive committee.”

Form 990, Part VI, Section C, Line 19

“With adequate notice, the organization makes its governing documents, related policies, and financial statements available, upon request of the board treasurer.”

Filing and Contact Details

Filer

Filer Name
Flagship Enterprise Center
EIN
04-3732583
Phone
7656220400
Address
2705 ENTERPRISE DRIVE, ANDERSON, IN 46013

Signing Officer

Name
Terry Truitt
Title
President & CEO
Phone
7656220400
Signed
2025-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Truitt
Formed
2005
Legal Domicile
In
Voting Board Members
13
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Whitinger & Company LLC
Address
10735 SKY PRAIRIE STREET SUITE 100, FISHERS, IN 46038
Preparer
John P Kane CPA
Phone
3178416009
Supplemental Narrative

Additional Explanations

PAGE 11, PART XI, LINE 1: OTHER METHOD OF ACCOUNT

“MODIFIED CASH BASIS”

Form 990, XII, 2C

“The center has an audit of their financial statements by a cpa firm specializing with not-for-profit entities.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Related party revenues 190,090.”

Raw XML AppendixShowing 400 of 550 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE FLAGSHIP ENTERPRISE CENTER'S MISSION IS TO CONTRIBUTE TO THE LONG-TERM ECONOMIC DEVELOPMENT OF THE COMMUNITIES OF ANDERSON, MADISON COUNTY, AND THE STATE OF INDIANA BY ENCOURAGING AND NURTURING THE ENTREPRENEURIAL SPIRIT THROUGH PROVIDING MENTORING, NETWORKING, BUSINESS SERVICES, EDUCATIONAL OPPORTUNITIES, AND ACCESS TO CAPITAL.
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IRS990/Desc0IN THE FISCAL YEAR ENDING MAY 31, 2024, FLAGSHIP ENTERPRISE CENTER LEASED 210,000 SQUARE FEET OF OFFICE, LAB, AND INDUSTRIAL SPACE TO GROWING COMPANIES INVOLVED IN RESEARCH AND DEVELOPMENT, MANUFACTURING, AND ENGINEERING. THE CENTER CLOSED 165 REGULAR SMALL BUSINESS LOANS DURING THE FISCAL YEAR. OF THESE LOANS, 71 WERE DISBURSED TO MINORITIES, 71 TO WOMEN, 8 TO VETERANS, 66 TO START-UP ENTERPRISES, AND 15 TO LOW-INCOME BUSINESSES. ADDITIONALLY, FLAGSHIP ENTERPRISE CENTER PROVIDED 2,767 HOURS OF TECHNICAL ASSISTANCE TO ITS CLIENTS.
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CONTRIBUTE TO THE LONG-TERM ECONOMIC DEVELOPMENT OF THE COMMUNITIES OF ANDERSON, MADISON COUNTY, AND THE STATE OF INDIANA BY ENCOURAGING AND NURTURING THE ENTREPRENEURIAL SPIRIT THROUGH PROVIDING MENTORING, NETWORKING, BUSINESS SERVICES, EDUCATIONAL OPPORTUNITIES, AND ACCESS TO CAPITAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02872064
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06733767
IRS990/NetAssetsOrFundBalancesBOYAmt031125631
IRS990/NetAssetsOrFundBalancesEOYAmt031491753
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt030860747
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt031418231
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0742112
IRS990/OccupancyGrp/TotalAmt0742112
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt094187
IRS990/OfficeExpensesGrp/ProgramServicesAmt096548
IRS990/OfficeExpensesGrp/TotalAmt0190735
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0151000
IRS990/OtherAssetsTotalGrp/EOYAmt0181329
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023827
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053469
IRS990/OtherEmployeeBenefitsGrp/TotalAmt077296
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1ADVERTISING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3CLIENT SUPPORT
IRS990/OtherExpensesGrp/FundraisingAmt01000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016847
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110941
IRS990/OtherExpensesGrp/ProgramServicesAmt0187044
IRS990/OtherExpensesGrp/ProgramServicesAmt181118
IRS990/OtherExpensesGrp/ProgramServicesAmt269418
IRS990/OtherExpensesGrp/ProgramServicesAmt373205
IRS990/OtherExpensesGrp/TotalAmt0187044
IRS990/OtherExpensesGrp/TotalAmt198965
IRS990/OtherExpensesGrp/TotalAmt280359
IRS990/OtherExpensesGrp/TotalAmt373205
IRS990/OtherLiabilitiesGrp/BOYAmt083410
IRS990/OtherLiabilitiesGrp/EOYAmt063170
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015683
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015683
IRS990/OtherRevenueTotalAmt015683
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0454858
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0892752
IRS990/OtherSalariesAndWagesGrp/TotalAmt01347610
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04651889
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07574234
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt037402
IRS990/PayrollTaxesGrp/ProgramServicesAmt080947
IRS990/PayrollTaxesGrp/TotalAmt0118349
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0460
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06271
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05681
IRS990/PrincipalOfficerNm0TERRY TRUITT
IRS990/PriorPeriodAdjustmentsAmt015000
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/Desc0CLIENT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01414410
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1468034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01414410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1468034
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01522091
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0326891
IRS990/PYOtherExpensesAmt02110111
IRS990/PYOtherRevenueAmt06204
IRS990/PYProgramServiceRevenueAmt01593683
IRS990/PYRevenuesLessExpensesAmt053322
IRS990/PYSalariesCompEmpBnftPaidAmt01285436
IRS990/PYTotalExpensesAmt03395547
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03448869
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0351122
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01898127
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0312409
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0261477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01595933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01522091
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06762171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01067795
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01403312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012351302
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0594320
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0326891
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0342027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0427852
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0381948
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02073038
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01898126
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01599888
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01484838
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02006724
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01691410
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08680986
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53460
IRS990ScheduleA/PublicSupportPY170Pct00.61670
IRS990ScheduleA/PublicSupportTotal170Amt012351302
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01595933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01522091
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06762171
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01067795
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01403312
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012351302
IRS990ScheduleA/TotalSupportAmt023105326
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt024132135
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03640919
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027773054
IRS990ScheduleD/EquipmentGrp/BookValueAmt0109170
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0479257
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0588427
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03737258
IRS990ScheduleD/LandGrp/BookValueAmt01276723
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01276723
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt083081
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt083081
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047426
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt215134
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3590
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0190090
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0190090
IRS990ScheduleD/RevenueSubtotalAmt03898290
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RELATED PARTY REVENUES 190,090.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
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IRS990ScheduleD/TotalExpensesPerForm990Amt03737258
IRS990ScheduleD/TotalLiabilityAmt063170
IRS990ScheduleD/TotalRevenuePerForm990Amt04088380
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03898290
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03737258
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154875
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount013500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt014103
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERRY TRUITT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182478

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,434,037
Liabilities
$6,942,284
Net assets
$31,491,753
Revenue
$4,088,380
Expenses
$3,737,258
Net income
$351,122
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$38.6$7.59$31.0$3.70$4.21$0.51
2024Detailed filing. Detailed filing data is available for this year.$38.4$6.94$31.5$4.09$3.74$0.35
2023Detailed filing. Detailed filing data is available for this year.$34.3$3.18$31.1$3.45$3.40$0.05
2022Detailed filing. Detailed filing data is available for this year.$36.3$5.22$31.1$8.59$2.63$5.96
2021Detailed filing. Detailed filing data is available for this year.$43.8$18.7$25.1$3.50$2.62$0.88
2020Detailed filing. Detailed filing data is available for this year.$38.8$14.6$24.2$3.48$2.96$0.52
2019Detailed filing. Detailed filing data is available for this year.$29.3$5.56$23.7$0.03$3.09$3.12
2018Detailed filing. Detailed filing data is available for this year.$32.8$6.00$26.8$2.52$2.79$0.27
2017Detailed filing. Detailed filing data is available for this year.$34.6$7.49$27.1$11.0$2.49$8.55
2015Detailed filing. Detailed filing data is available for this year.$12.6$4.20$8.42$1.85$1.44$0.41
2014Summary only. Only limited summary data is available for this year.$11.6$3.55$8.02$2.00$1.33$0.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$3.39$7.34$2.24$1.41$0.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.29$2.78$6.51$1.32
2011Summary only. Only limited summary data is available for this year.$9.07$3.07$6.01$4.57$1.11$3.46