Civic Intelligence

Project Home Indy Co

990 • Fiscal year 2019 • EIN 20-5045345

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

PO Box 44146Indianapolis, IN 46244

(317) 925-0980

Siviq Scores

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

Liabilities / Assets

81st percentile

0.37x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.13x

Higher debt load relative to revenue than 71% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$30,452

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

82nd percentile

29%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$256,016

Up $57,546 (+29%) from 2018

Net Assets

Down

$160,893

Down $7,283 (-4.3%) from 2018

Liabilities

Up

$95,123

Up $64,829 (+214%) from 2018

Revenue

Up

$719,845

Up $99,577 (+16%) from 2018

Expenses

Down

$706,128

Down $30,975 (-4.2%) from 2018

Net Income

Up

$13,717

Up $130,552 (+112%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $330,345Liabilities 2011: $951Net Assets 2011: $329,3942011Assets 2012: $280,783Liabilities 2012: $7,116Net Assets 2012: $273,6672012Assets 2013: $300,489Liabilities 2013: $11,348Net Assets 2013: $289,1412013Assets 2014: $356,741Liabilities 2014: $31,224Net Assets 2014: $325,5172014Assets 2015: $420,463Liabilities 2015: $21,219Net Assets 2015: $399,2442015Assets 2016: $434,655Liabilities 2016: $26,802Net Assets 2016: $407,8532016Assets 2017: $311,492Liabilities 2017: $26,481Net Assets 2017: $285,0112017Assets 2018: $198,470Liabilities 2018: $30,294Net Assets 2018: $168,1762018Assets 2019: $256,016Liabilities 2019: $95,123Net Assets 2019: $160,8932019Assets 2020: $273,214Liabilities 2020: $14,155Net Assets 2020: $259,0592020Assets 2021: $139,818Liabilities 2021: $0Net Assets 2021: $139,8182021

Highlighted filing

2019

Assets$256,016
Liabilities$95,123
Net Assets$160,893

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $184,914Expenses 2011: $132,014Net Income 2011: $52,9002011Expenses 2012: $282,6482012Revenue 2013: $386,915Expenses 2013: $350,441Net Income 2013: $36,4742013Revenue 2014: $507,983Expenses 2014: $471,607Net Income 2014: $36,3762014Revenue 2015: $616,993Expenses 2015: $543,266Net Income 2015: $73,7272015Revenue 2016: $614,055Expenses 2016: $605,446Net Income 2016: $8,6092016Revenue 2017: $495,959Expenses 2017: $618,801Net Income 2017: -$122,8422017Revenue 2018: $620,268Expenses 2018: $737,103Net Income 2018: -$116,8352018Revenue 2019: $719,845Expenses 2019: $706,128Net Income 2019: $13,7172019Revenue 2020: $880,736Expenses 2020: $782,570Net Income 2020: $98,1662020Revenue 2021: $175,587Expenses 2021: $294,838Net Income 2021: -$119,2512021

Highlighted filing

2019

Revenue$719,845
Expenses$706,128
Net Income$13,717
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$719,845
Mission and Program Overview

Mission

Project home indy, co. (phi) provides a nurturing residential environment to teenage women who are pregnant or parenting and have been subjected to unstable living conditions. Located in indianapolis, phi is committed to using a holistic (cont'd on sch o) and culturally sensitive approach to offer programs and activities in areas of life skills, education, and healthcare. Programs are offered internally or through community partnerships in order to promote self-sufficiency of their residents.project home indy has the following core goals: - increase completion of high school or ged - increase enrollment in technical/post-secordary education - increase employability and employment opportunities - increase healthy parenting and life skills - increase access to pediatric and maternal health care - prevent repeat teen pregnacncy - transition successfully to independent living - decrease dependency on public assistance programs

To provide holistic, trauma-informed services to teen mothers to create successful futures for themselves and for their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$75,221$130,859▲ $55,638
Cash and Non-Interest-Bearing Accounts$16,411$79,672▲ $63,261
Land, Buildings, and Equipment, Net$26,250$22,473▼ $3,777
Prepaid Expenses and Deferred Charges$40,643$19,819▼ $20,824
Savings and Temporary Cash Investments$39,945$3,193▼ $36,752
Total Assets$198,470$256,016▲ $57,546
Liabilities
Accounts Payable and Accrued Expenses$30,294$50,123▲ $19,829
Mortgage Notes Payable Secured by Investment Property-$45,000-
Total Liabilities$30,294$95,123▲ $64,829
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$118,426$143,393▲ $24,967
Net Assets With Donor Restrictions$49,750$17,500▼ $32,250
Total Net Assets Fund Balance$168,176$160,893▼ $7,283
Total Liabilities and Net Assets / Fund Balance$198,470$256,016▲ $57,546

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$17,688$50,619$68,307
Equipment$2,265$38,562$40,827
Leasehold Improvements$2,520$2,520$5,040
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lakshmi HasanadkaPast ExecutiFT$30,452$30,452
Hope HamptonExecutive DiFT$21,966$21,966

Board Members and Trustees

NameTitle
Brad HartzPresident
Cathy KelaghanDirector
Dax DentonDirector
Gregg KeeleDirector
Heather PirowskiDirector
Kara MonroeDirector
Melissa ClarkDirector
Sharissa UlreyDirector
Jo Nahod-carlinSecretary
Norman SowatzkeTreasurer
Aimee KandracVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$85,921
Program Service Revenue
$633,450
Investment Income
$49
Other Revenue
$425
All Other Contributions
$85,921
Change in Net Assets
$13,717

Audited Revenue Reconciliation

Revenue per Audited Statements
$719,845
Total Revenue per Audited Statements
$719,845
Total Revenue per Form 990
$719,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$596,617
Other Expenses$109,511
Total Fundraising Expense$6,794
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$382,650$69,441$3,196$455,287
Current Officers, Directors, Trustees, and Key Employees$44,055$7,995$368$52,418
Other Employee Benefits$38,642$7,013$323$45,978
Payroll Taxes$36,085$6,548$301$42,934
Fees for Services Accounting-$16,095$90$16,185
Occupancy$7,217$1,057$1,906$10,180
Insurance$6,080$1,075-$7,155
Depreciation Depletion$4,956$2,124-$7,080
Office Expenses$1,939$4,194$586$6,719
Other Expenses$3,433$439-$3,872
Travel$3,311$124-$3,435
Conferences and Meetings-$797-$797
Fees for Services Other-$646$4$650
Information Technology-$348$2$350
All Other Expenses$28$1-$29
Advertising--$18$18
Total Functional Expenses$575,778$123,556$6,794$706,128

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$727,128
Expenses per Audited Statements$706,128
Total Expenses per Form 990$706,128
Expenses Not Reported on Form 990$21,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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, Page 6, Part VI, Line 11B

Executive director and finance committee review completed form 990. Once approved by them, the board reviews the form 990 for approval.

Form 990, Page 6, Part VI, Line 12C

The directors review the policy and disclose any conflicts at its annual meeting each january.

Form 990, Page 6, Part VI, Line 15A

The executive committee is responsible for researching compensation for comparable positions at similar organizations. Based on their findings, a fair and reasonable compensation package is developed. The compensation package is presented to the board of directors for review and approval.

Form 990, Page 6, Part VI, Line 15B

The executive committee is responsible for researching compensation for comparable positions at similar organizations. Based on their findings, a fair and reasonable compensation package is developed. The compensation package is presented to the board of directors for review and approval.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Project Home Indy Co
EIN
20-5045345
Phone
3179250980
Address
PO BOX 44146, INDIANAPOLIS, IN 46244

Signing Officer

Name
Hope Hampton
Title
Executive Director
Phone
3179250980
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Hartz
Formed
2006
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
22
Volunteers
17

Preparer

Firm
Alerding CPA Group
Address
4181 E 96TH ST STE 180, INDIANAPOLIS, IN 46240
Preparer
Robert K Brinkers CPA
Phone
3175694181
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Project home indy, co. (phi) provides a nurturing residential environment to teenage women who are pregnant or parenting and have been subjected to unstable living conditions. Located in indianapolis, phi is committed to using a holistic and culturally sensitive approach to offer programs and activities in areas of life skills, education, and healthcare. Programs are offered internally or through community partnerships in order to promote self-sufficiency of their residents. Phi has the following core goals: increase completion of high school or ged, increase enrollment in technical/post secondary education, increase employability and employment opportunities, increase healthy parenting and life skills, increase access to pediatric and maternal health care, prevent repeat teen pregnancy, transition successfully to independent living, and decrease dependency on public assistance programs.

Financial Statement Notes

Schedule D, Page 3, Part X

Management of the company evaluates all significant tax positions to ensure compliance with the exempt purpose of the company as required by u.s. Gaap, including consideration of any unrelated business income tax. As of december 31, 2019, management does not believe the company has taken any tax positions that are not in compliance with the exempt purpose of the company. The companys federal and state tax returns remain open and subject to examination beginning with the tax year ended december 31, 2016.

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IRS990/MissionDesc0PROJECT HOME INDY, CO. (PHI) PROVIDES A NURTURING RESIDENTIAL ENVIRONMENT TO TEENAGE WOMEN WHO ARE PREGNANT OR PARENTING AND HAVE BEEN SUBJECTED TO UNSTABLE LIVING CONDITIONS. LOCATED IN INDIANAPOLIS, PHI IS COMMITTED TO USING A HOLISTIC AND CULTURALLY SENSITIVE APPROACH TO OFFER PROGRAMS AND ACTIVITIES IN AREAS OF LIFE SKILLS, EDUCATION, AND HEALTHCARE. PROGRAMS ARE OFFERED INTERNALLY OR THROUGH COMMUNITY PARTNERSHIPS IN ORDER TO PROMOTE SELF-SUFFICIENCY OF THEIR RESIDENTS. PHI HAS THE FOLLOWING CORE GOALS: INCREASE COMPLETION OF HIGH SCHOOL OR GED, INCREASE ENROLLMENT IN TECHNICAL/POST SECONDARY EDUCATION, INCREASE EMPLOYABILITY AND EMPLOYMENT OPPORTUNITIES, INCREASE HEALTHY PARENTING AND LIFE SKILLS, INCREASE ACCESS TO PEDIATRIC AND MATERNAL HEALTH CARE, PREVENT REPEAT TEEN PREGNANCY, TRANSITION SUCCESSFULLY TO INDEPENDENT LIVING, AND DECREASE DEPENDENCY ON PUBLIC ASSISTANCE PROGRAMS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE COMPANY EVALUATES ALL SIGNIFICANT TAX POSITIONS TO ENSURE COMPLIANCE WITH THE EXEMPT PURPOSE OF THE COMPANY AS REQUIRED BY U.S. GAAP, INCLUDING CONSIDERATION OF ANY UNRELATED BUSINESS INCOME TAX. AS OF DECEMBER 31, 2019, MANAGEMENT DOES NOT BELIEVE THE COMPANY HAS TAKEN ANY TAX POSITIONS THAT ARE NOT IN COMPLIANCE WITH THE EXEMPT PURPOSE OF THE COMPANY. THE COMPANYS FEDERAL AND STATE TAX RETURNS REMAIN OPEN AND SUBJECT TO EXAMINATION BEGINNING WITH THE TAX YEAR ENDED DECEMBER 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROJECT HOME INDY, CO. (PHI) PROVIDES A NURTURING RESIDENTIAL ENVIRONMENT TO TEENAGE WOMEN WHO ARE PREGNANT OR PARENTING AND HAVE BEEN SUBJECTED TO UNSTABLE LIVING CONDITIONS. LOCATED IN INDIANAPOLIS, PHI IS COMMITTED TO USING A HOLISTIC AND CULTURALLY SENSITIVE APPROACH TO OFFER PROGRAMS AND ACTIVITIES IN AREAS OF LIFE SKILLS, EDUCATION, AND HEALTHCARE. PROGRAMS ARE OFFERED INTERNALLY OR THROUGH COMMUNITY PARTNERSHIPS IN ORDER TO PROMOTE SELF-SUFFICIENCY OF THEIR RESIDENTS. PHI HAS THE FOLLOWING CORE GOALS: INCREASE COMPLETION OF HIGH SCHOOL OR GED, INCREASE ENROLLMENT IN TECHNICAL/POST SECONDARY EDUCATION, INCREASE EMPLOYABILITY AND EMPLOYMENT OPPORTUNITIES, INCREASE HEALTHY PARENTING AND LIFE SKILLS, INCREASE ACCESS TO PEDIATRIC AND MATERNAL HEALTH CARE, PREVENT REPEAT TEEN PREGNANCY, TRANSITION SUCCESSFULLY TO INDEPENDENT LIVING, AND DECREASE DEPENDENCY ON PUBLIC ASSISTANCE PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR AND FINANCE COMMITTEE REVIEW COMPLETED FORM 990. ONCE APPROVED BY THEM, THE BOARD REVIEWS THE FORM 990 FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS REVIEW THE POLICY AND DISCLOSE ANY CONFLICTS AT ITS ANNUAL MEETING EACH JANUARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR RESEARCHING COMPENSATION FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. BASED ON THEIR FINDINGS, A FAIR AND REASONABLE COMPENSATION PACKAGE IS DEVELOPED. THE COMPENSATION PACKAGE IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR RESEARCHING COMPENSATION FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. BASED ON THEIR FINDINGS, A FAIR AND REASONABLE COMPENSATION PACKAGE IS DEVELOPED. THE COMPENSATION PACKAGE IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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