Civic Intelligence

Westfield Economic Development Foundation Inc.

990EZ • Fiscal year 2018 • EIN 26-2259201

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

Organization ProfileN/A
2728 East 171stWestfield, IN 46074

(317) 730-4959

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-35%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets54th percentile

Assets

$1,939

No earlier filing loaded for comparison.

Net Assets

$1,939

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin11th percentile

Revenue

$98,122

No earlier filing loaded for comparison.

Expenses

$132,601

No earlier filing loaded for comparison.

Net Income

-$34,479

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2018: $1,939Liabilities 2018: $0Net Assets 2018: $1,9392018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $46,233Liabilities 2020: $0Net Assets 2020: $46,2332020Assets 2021: $51,814Liabilities 2021: $0Net Assets 2021: $51,8142021Assets 2022: $63,277Liabilities 2022: $0Net Assets 2022: $63,2772022Assets 2023: $74,483Liabilities 2023: $0Net Assets 2023: $74,4832023Assets 2024: $84,716Liabilities 2024: $0Net Assets 2024: $84,7162024

Highlighted filing

2018

Assets$1,939
Liabilities$0
Net Assets$1,939
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500K-$1.0MRevenue 2018: $98,122Expenses 2018: $132,601Net Income 2018: -$34,4792018Revenue 2019: $465,757Expenses 2019: $95,830Net Income 2019: $369,9272019Revenue 2020: $206,093Expenses 2020: $848,892Net Income 2020: -$642,7992020Revenue 2021: $12,009Expenses 2021: $6,428Net Income 2021: $5,5812021Revenue 2022: $12,211Expenses 2022: $748Net Income 2022: $11,4632022Revenue 2023: $12,005Expenses 2023: $799Net Income 2023: $11,2062023Revenue 2024: $11,006Expenses 2024: $773Net Income 2024: $10,2332024

Highlighted filing

2018

Revenue$98,122
Expenses$132,601
Net Income-$34,479
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$98,122
Mission and Program Overview

Mission

Public benefit corporation

PUBLIC BENEFIT

Program Services

DescriptionGrantsExpenses
PUBLIC BENEFIT--
YOUTH BENEFITS--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM AKEPresident-$0--
Filing and Contact Details

Filer

Filer Name
Westfield Economic Development Fd
EIN
26-2259201
Address
2728 EAST 171ST, Westfield, IN 46074

Signing Officer

Name
Jim Ake
Title
President
Phone
3177304959
Signed
2019-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Fiscal Tax Company - 1
Address
9465 East Washington Street, Indianapolis, IN 46229
Preparer
Laura diJorio
Phone
3178979964
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity INFRASTRUCTURE Grantee CITY OF WESTFIELD Street 130 PENN ST City, State, Zip Westfield, IN 46074Amount 67,400Activity YOUTH ASSISTANCE PROGRAM Grantee WESTFIELD YOUTH ASSISTANCE PROGRAM Street 2728 EAST 171ST STREET City, State, Zip Westfield, IN 46074Amount 34,197”

Description of other expenses Part I line 16

“Description AmountMISC 262”

Raw XML Appendix112 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JULIE SOLE
IRS990EZ/BooksInCareOfDetail/PhoneNum03177304959
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02728 EAST 171ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046074
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036418
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01939
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt098122
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-34479
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt030742
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036418
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01939
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0101597
IRS990EZ/GrossReceiptsAmt098122
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036418
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01939
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036418
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01939
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM AKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0262
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PUBLIC BENEFIT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PUBLIC BENEFIT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1YOUTH BENEFITS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0132601
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt098122
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0101597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0101597
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0101597
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0101597
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0101597
IRS990ScheduleA/TotalSupportAmt0101597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity INFRASTRUCTURE Grantee CITY OF WESTFIELD Street 130 PENN ST City, State, Zip Westfield, IN 46074Amount 67,400Activity YOUTH ASSISTANCE PROGRAM Grantee WESTFIELD YOUTH ASSISTANCE PROGRAM Street 2728 EAST 171ST STREET City, State, Zip Westfield, IN 46074Amount 34,197
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMISC 262
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM AKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03177304959
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTFIELD ECONOMIC DEVELOPMENT FD
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0262259201
ReturnHeader/Filer/USAddress/AddressLine1Txt02728 EAST 171ST
ReturnHeader/Filer/USAddress/CityNm0Westfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046074
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00E685E9C4350E74FF082C78B7BD7F1CED57A732F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00E685E9C4350E74FF082C78B7BD7F1CED57A732F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId035972020191224tfa0vz
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-05-02
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.195.231.110
ReturnHeader/FilingSecurityInformation/IPDt02019-05-02
ReturnHeader/FilingSecurityInformation/IPTm011:55:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351389965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fiscal Tax Company - 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09465 East Washington Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046229
ReturnHeader/PreparerPersonGrp/PhoneNum03178979964
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Laura diJorio
ReturnHeader/ReturnTs02019-05-02T11:54:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,939
Liabilities
$0
Net assets
$1,939
Revenue
$98,122
Expenses
$132,601
Net income
-$34,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.11$0.01$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.12$0.01$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.12$0.01$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.12$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$2.06$8.49$6.43
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$4.66$0.96$3.70
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.98$1.33$0.34