Civic Intelligence

Keep Indianapolis Beautiful Inc.

990 • Fiscal year 2017 • EIN 31-1005792

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 15, 2018

1029 Fletcher Avenue Suite 100Indianapolis, IN 46203

(317) 264-7555

Siviq Scores

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

Liabilities / Assets

61st percentile

0.18x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.21x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$170,027

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

30%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,938,801

Up $455,070 (+10%) from 2016

Net Assets

Up

$4,049,975

Up $510,059 (+14%) from 2016

Liabilities

Down

$888,826

Down $54,989 (-5.8%) from 2016

Revenue

Up

$4,283,649

Up $983,234 (+30%) from 2016

Expenses

Up

$3,788,027

Up $426,753 (+13%) from 2016

Net Income

Up

$495,622

Up $556,481 (+914%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,497,815Liabilities 2010: $1,335,162Net Assets 2010: $4,162,6532010Assets 2011: $5,256,415Liabilities 2011: $1,216,801Net Assets 2011: $4,039,6142011Assets 2012: $4,940,156Liabilities 2012: $1,093,903Net Assets 2012: $3,846,2532012Assets 2014: $4,629,306Liabilities 2014: $980,911Net Assets 2014: $3,648,3952014Assets 2015: $4,569,013Liabilities 2015: $976,468Net Assets 2015: $3,592,5452015Assets 2016: $4,483,731Liabilities 2016: $943,815Net Assets 2016: $3,539,9162016Assets 2017: $4,938,801Liabilities 2017: $888,826Net Assets 2017: $4,049,9752017Assets 2020: $4,654,076Liabilities 2020: $789,883Net Assets 2020: $3,864,1932020Assets 2022: $9,019,548Liabilities 2022: $4,582,830Net Assets 2022: $4,436,7182022Assets 2024: $12,453,466Liabilities 2024: $2,056,151Net Assets 2024: $10,397,3152024

Highlighted filing

2017

Assets$4,938,801
Liabilities$888,826
Net Assets$4,049,975

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,301,3162010Expenses 2011: $3,874,1222011Expenses 2012: $3,808,0502012Revenue 2014: $3,759,526Expenses 2014: $3,537,315Net Income 2014: $222,2112014Revenue 2015: $3,415,454Expenses 2015: $3,448,253Net Income 2015: -$32,7992015Revenue 2016: $3,300,415Expenses 2016: $3,361,274Net Income 2016: -$60,8592016Revenue 2017: $4,283,649Expenses 2017: $3,788,027Net Income 2017: $495,6222017Revenue 2020: $4,007,938Expenses 2020: $3,910,462Net Income 2020: $97,4762020Revenue 2022: $4,542,034Expenses 2022: $4,394,232Net Income 2022: $147,8022022Revenue 2024: $6,304,280Expenses 2024: $5,997,815Net Income 2024: $306,4652024

Highlighted filing

2017

Revenue$4,283,649
Expenses$3,788,027
Net Income$495,622
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 15, 2018
Return Version
2017v2.3
Gross Receipts
$4,350,934
Mission and Program Overview

Mission

Keep indianapolis beautiful, inc. ("kib") receives contributions from foundations, corporations and the general public for beautification and placemaking, community forestry and youth programming. Kib also contracts with the city of indianapolis and other local entities on community improvement and green infrastructure projects.

Keep indianapolis beautiful (kib) works with thousands of neighbors and volunteers to plant trees, create greenspaces, pick up litter, engage students in nature, and restore habitat, creating life-sustaining landscapes that beautify and strengthen communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,138,544$3,105,378▼ $33,166
Savings and Temporary Cash Investments$760,214$992,774▲ $232,560
Pledges and Grants Receivable$108,000$395,261▲ $287,261
Accounts Receivable$179,718$224,762▲ $45,044
Investments in Publicly Traded Securities$140,782$159,662▲ $18,880
Cash and Non-Interest-Bearing Accounts$102,777--
Investments Other Securities$52,051$58,530▲ $6,479
Prepaid Expenses and Deferred Charges$1,645$1,434▼ $211
Total Assets$4,483,731$4,938,801▲ $455,070
Other Assets Total-$1,000-
Liabilities
Mortgage Notes Payable Secured by Investment Property$741,159$655,975▼ $85,184
Accounts Payable and Accrued Expenses$125,301$101,035▼ $24,266
Other Liabilities$64,817$78,443▲ $13,626
Deferred Revenue$12,538$53,373▲ $40,835
Total Liabilities$943,815$888,826▼ $54,989
Net Assets / Fund Balance
Unrestricted Net Assets$2,960,487$2,995,773▲ $35,286
Temporarily Rstr Net Assets$539,510$1,014,283▲ $474,773
Permanently Rstr Net Assets$39,919$39,919→ $0
Total Net Assets Fund Balance$3,539,916$4,049,975▲ $510,059
Total Liabilities and Net Assets / Fund Balance$4,483,731$4,938,801▲ $455,070

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,425,611$651,130$3,076,741
Other Land Buildings$271,880$360,414$632,294
Equipment$199,905$316,653$516,558
Land$207,982-$207,982

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$52,051-▲ $7,426-$58,530
2016$40,399$10,000▲ $1,652-$52,051
2015$41,539-▼ $1,140-$40,399
2014$39,363-▲ $2,176-$41,539
2013$34,881-▲ $4,482-$39,363
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David ForsellPresidentFT$160,250$9,777$170,027
Kristina UlandSVP Dvlpmt &FT$108,000$7,458$115,458

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,445,284
Program Service Revenue
$1,826,045
Investment Income
$3,473
Other Revenue
$8,847
All Other Contributions
$2,358,824
Change in Net Assets
$495,622

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table9$16,235Face Value
Other Non Cash Contri Table19$7,216Fair Market Value
Other Non Cash Contri Table7$6,674Actual Cost
Securities Publicly Traded3$2,413Closing Price
Total Noncash Contributions38$32,538-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,282,702
Revenue Not Reported on Financial Statements
$947
Revenue Not Reported on Form 990
$162,409
Total Revenue per Audited Statements
$4,445,111
Total Revenue per Form 990
$4,283,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,917,656
Salaries, Compensation, and Employee Benefits$1,870,371
Total Fundraising Expense$351,359
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$949,706$270,771$209,233$1,429,710
Depreciation Depletion$156,752$17,204$17,204$191,160
Current Officers, Directors, Trustees, and Key Employees$112,458$32,475$25,094$170,027
Payroll Taxes$84,716$23,171$17,905$125,792
Other Employee Benefits$69,236$24,970$19,295$113,501
Office Expenses$37,128$9,952$29,288$76,368
Occupancy$51,976$2,766$2,767$57,509
Insurance$27,121$7,898$4,562$39,581
Pension Plan Contributions$19,118$6,895$5,328$31,341
Interest$26,752--$26,752
Conferences and Meetings$9,732$10,478$4,375$24,585
Other Expenses$2,500$16,271$1,700$20,471
All Other Expenses$13,377$3,701$383$17,461
Fees for Services Accounting-$12,700-$12,700
Travel$4,774$23$343$5,140
Advertising$1,484$1,126$54$2,664
Fees for Service Investment Mgmnt Fees-$947-$947
Total Functional Expenses$2,869,743$566,925$351,359$3,788,027

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,935,052
Total Expenses per Form 990$3,788,027
Expenses per Audited Statements$3,787,080
Expenses Not Reported on Form 990$147,972
Expenses Not Reported on Financial Statements$947
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,646
Fundraising Gross Income$27,460
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Thrive$113,920$27,460$14,101$13,359
Total Events$113,920$27,460$32,646$-5,186
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Copier Lease$44,574
Auto Leases$33,869
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

In 2015, kib launched a small team of urban naturalists to serve as seasonal employees for kib. These college students learned about planting and maintaining native plants in green infrastructure, such as garden beds designed to capture and filter stormwater. Since 2015, this program has grown to include habitat restoration along indianapolis waterways. Kib employed five college students as urban naturalists in 2017, allowing them to care for the environment, explore job opportunities, and meet professionals in green-collar careers. With leadership from the urban naturalists, kib removed over six acres of invasive species and planted about 3.5 acres of native plants, including 90 trees, 394 shrubs, and 5,409 perennials in 2017. Nearly half of those native perennials went toward the creation of a two acre monarch butterfly sanctuary along the urban wilderness trail in white river state park, the first to be designated a gold level (conservation champion) certified sustainable trail by the indiana wildlife federation.

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the business director and audit committee. The board is emailed a copy of the form 990 in advance of its filing with the opportunity to review it at each individual's discretion.

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

Board members annually complete a conflict of interest statement and are asked to update the governance committee if there are any changes throughout the year.

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

The executive committee used an informal survey of area nonprofits to determine the president's salary.

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

No other officers are paid and there are no key employees.

Form 990, Page 6, Part VI, Line 19

Financial statement information is available through the annual report which is mailed to donors and key partners, as well as posted to the website. The organization makes available upon request all documents required to be provided for public inspection.

Filing and Contact Details

Filer

Filer Name
Keep Indianapolis Beautiful Inc
EIN
31-1005792
Phone
3172647555
Address
1029 FLETCHER AVENUE SUITE 100, INDIANAPOLIS, IN 46203

Signing Officer

Name
David Forsell
Title
President
Phone
3172647555
Signed
2018-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Forsell
Formed
1980
Legal Domicile
In
Voting Board Members
20
Independent Board Members
20
Employees
145
Volunteers
16,492

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, Page 2, Part III, Line 2

Urban naturalists - please see other program description on schedule o.

Form 990, Page 2, Part III, Line 4B

Parks, and other public spaces.

Form 990, Page 2, Part III, Line 4C

Learned about their environment and helped build an outdoor classroom on school grounds; 146 students were enrolled in the after-school clubs, and kib engaged an additional 841 students through presentations and outreach at local schools and meetings of youth organizations.

Form 990, Page 2, Part III, Line 4D

In 2015, kib launched a small team of urban naturalists to serve as seasonal employees for kib. These college students learned about planting and maintaining native plants in green infrastructure, such as garden beds designed to capture and filter stormwater. Since 2015, this program has grown to include habitat restoration along indianapolis waterways. Kib employed five college students as urban naturalists in 2017, allowing them to care for the environment, explore job opportunities, and meet professionals in green-collar careers. With leadership from the urban naturalists, kib removed over six acres of invasive species and planted about 3.5 acres of native plants, including 90 trees, 394 shrubs, and 5,409 perennials in 2017. Nearly half of those native perennials went toward the creation of a two acre monarch butterfly sanctuary along the urban wilderness trail in white river state park, the first to be designated a gold level (conservation champion) certified sustainable trail by the indiana wildlife federation.

Form 990, Part XI, Line 9

Rental expenses 23,825 loss on sale of fixed assets 10,814 direct fundraising expenses 32,646 forgiven debt 10,814 rental expenses -23,825 loss on sale of fixed assets -10,814 direct fundraising expenses -32,646 forgiven debt -10,814 book / tax depreciation difference -12,843 book / tax depreciation difference 12,843

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowment funds are used to support the activities of keep indianapolis beautiful.

Schedule D, Page 3, Part X

Management of kib evaluates all significant tax positions to ensure compliance with the exempt purpose of the organization as required by u.s. Gaap, including consideration of any unrelated business income tax. As of december 31, 2017, management does not believe kib has taken any tax positions that are not in compliance with the exempt purpose of the organization. Kibs federal and state tax returns remain open and subject to examination beginning with the calendar tax year ended december 31, 2014.

Schedule D, Page 4, Part XI, Line 2D

Rental expenses 23,825 loss on sale of fixed assets 10,814 direct fundraising expenses 32,646 forgiven debt 10,814

Schedule D, Page 4, Part XII, Line 2D

Rental expenses 23,825 loss on sale of fixed assets 10,814 direct fundraising expenses 32,646 forgiven debt 10,814

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference -12,843 book / tax depreciation difference 12,843

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IRS990/ActivityOrMissionDesc0KEEP INDIANAPOLIS BEAUTIFUL (KIB) WORKS WITH THOUSANDS OF NEIGHBORS AND VOLUNTEERS TO PLANT TREES, CREATE GREENSPACES, PICK UP LITTER, ENGAGE STUDENTS IN NATURE, AND RESTORE HABITAT, CREATING LIFE-SUSTAINING LANDSCAPES THAT BEAUTIFY AND STRENGTHEN COMMUNITIES.
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IRS990/Desc0CLEANUPS, BEAUTIFICATION, AND PLACEMAKING: MORE THAN 11,500 VOLUNTEERS JOINED KIB IN CLEANING AND REVITALIZING NEIGHBORHOODS IN 2017. KIB COORDINATED 339 NEIGHBORHOOD CLEANUPS TO COMBAT HEAVY LITTER, AND MORE THAN 1,100 NEIGHBORHOOD LEADERS ADOPTED THEIR BLOCKS TO KEEP THEM CLEAN ON AN ONGOING BASIS, USING FREE SUPPLIES AND RESOURCES FROM KIB. TOGETHER, PEOPLE REMOVED MORE THAN 912.5 TONS OF LITTER FROM INDIANAPOLIS STREETS, ALLEYS, GREENSPACES, AND WATERWAYS. KIB'S GREENSPACE PROGRAM, WHICH IS COMMITTED TO CREATING VIBRANT PLACES AND COMMUNITIES, TRANSFORMED VACANT LOTS AND UNDERUSED SPACES INTO NATURAL, BEAUTIFUL, AND FUNCTIONAL POCKET PARKS. KIB CREATED THREE GREENSPACES IN 2017 AND HELPED PROJECT PARTNERS MAINTAIN 14 GREENSPACES CREATED IN PAST YEARS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY FORESTRY: IN 2017, KIB PLANTED 3,005 TREES IN STRATEGIC LOCATIONS THROUGHOUT MARION COUNTY, SURPASSING A TOTAL OF 50,000 TOTAL TREES PLANTED BY KIB SINCE 2006. KIB'S CUSTOMIZED MAPPING TOOL HELPED STAFF IDENTIFY WHERE TREES MIGHT PROVIDE THE MOST COMMUNITY, HEALTH, AND ENVIRONMENTAL BENEFITS, HELPING KIB DECIDE WHERE TO DIRECT OUTREACH AND COMMUNITY ENGAGEMENT EFFORTS; MANY OF THESE TREES WILL HELP CAPTURE STORMWATER, PREVENTING SEWAGE FROM OVERFLOWING INTO INDY STREAMS DURING HEAVY RAINS. OVER 90% OF THE TREES WERE NATIVE TO INDIANA AND SURROUNDING STATES, WITH 979 OF THE TREES PLANTED CLASSIFIED AS "GIVING TREES" (TREES THAT SUPPORT 200 OR MORE SPECIES OF MOTHS AND BUTTERFLIES). NEARLY 2,800 VOLUNTEERS ASSISTED WITH THE PLANTINGS, ADDING TREES TO NEIGHBORHOOD STREETS, SCHOOLS, PARKS, AND OTHER PUBLIC SPACES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0559601

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