Civic Intelligence

Evansville Arc Inc

EIN 35-0992718 • 501(c)3 • Evansville, IN

Profile

To advance the value of and respect for all individuals with disabilities by providing opportunities for development, employment, and independence.

615 W Virginia StEvansville, IN 47710

www.evansvillearc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.08x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.07x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

18th percentile

-11%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$143,029

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

16th percentile

-7.4%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

9.4%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,598,314

Down $445,339 (-7.4%) from 2023

Liabilities

Down

$442,103

Down $46,783 (-9.6%) from 2023

Net Assets

Down

$5,156,211

Down $398,556 (-7.2%) from 2023

Revenue

Up

$6,146,339

Up $528,917 (+9.4%) from 2023

Expenses

Down

$6,840,994

Down $349,105 (-4.9%) from 2023

Net Income

Up

-$694,655

Up $878,022 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $7,725,339Liabilities 2014: $1,641,317Net Assets 2014: $6,084,0222014Assets 2015: $6,890,202Liabilities 2015: $654,611Net Assets 2015: $6,235,5912015Assets 2016: $6,637,566Liabilities 2016: $629,480Net Assets 2016: $6,008,0862016Assets 2017: $6,539,741Liabilities 2017: $535,362Net Assets 2017: $6,004,3792017Assets 2018: $6,729,629Liabilities 2018: $484,440Net Assets 2018: $6,245,1892018Assets 2019: $6,704,009Liabilities 2019: $597,540Net Assets 2019: $6,106,4692019Assets 2020: $6,149,293Liabilities 2020: $1,570,163Net Assets 2020: $4,579,1302020Assets 2021: $7,878,300Liabilities 2021: $1,329,070Net Assets 2021: $6,549,2302021Assets 2022: $7,347,130Liabilities 2022: $450,946Net Assets 2022: $6,896,1842022Assets 2023: $6,043,653Liabilities 2023: $488,886Net Assets 2023: $5,554,7672023Assets 2024: $5,598,314Liabilities 2024: $442,103Net Assets 2024: $5,156,2112024

Highlighted filing

2024

Assets$5,598,314
Liabilities$442,103
Net Assets$5,156,211

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2014: $8,118,435Expenses 2014: $8,935,730Net Income 2014: -$817,2952014Revenue 2015: $9,096,827Expenses 2015: $8,939,095Net Income 2015: $157,7322015Revenue 2016: $7,967,406Expenses 2016: $8,196,062Net Income 2016: -$228,6562016Revenue 2017: $7,983,206Expenses 2017: $8,135,453Net Income 2017: -$152,2472017Revenue 2018: $9,360,342Expenses 2018: $9,203,103Net Income 2018: $157,2392018Revenue 2019: $8,713,585Expenses 2019: $8,928,897Net Income 2019: -$215,3122019Revenue 2020: $6,573,000Expenses 2020: $8,114,219Net Income 2020: -$1,541,2192020Revenue 2021: $7,506,720Expenses 2021: $6,069,475Net Income 2021: $1,437,2452021Revenue 2022: $7,188,490Expenses 2022: $6,560,944Net Income 2022: $627,5462022Revenue 2023: $5,617,422Expenses 2023: $7,190,099Net Income 2023: -$1,572,6772023Revenue 2024: $6,146,339Expenses 2024: $6,840,994Net Income 2024: -$694,6552024

Highlighted filing

2024

Revenue$6,146,339
Expenses$6,840,994
Net Income-$694,655

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$6,146,342
Mission and Program Overview

Mission

To empower individuals with disabilities to build relationships, gain independence and achieve their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,517,287$2,656,648▲ $139,361
Land, Buildings, and Equipment, Net$1,996,876$1,981,158▼ $15,718
Accounts Receivable$456,779$642,413▲ $185,634
Cash and Non-Interest-Bearing Accounts$870,541$160,308▼ $710,233
Prepaid Expenses and Deferred Charges$102,371$58,101▼ $44,270
Inventories for Sale or Use$10,953$10,953→ $0
Pledges and Grants Receivable$9,595$6,037▼ $3,558
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$6,043,653$5,598,314▼ $445,339
Other Assets Total$79,251$82,696▲ $3,445
Liabilities
Accounts Payable and Accrued Expenses$479,183$441,800▼ $37,383
Grants Payable$9,703$303▼ $9,400
Other Liabilities$0$0→ $0
Total Liabilities$488,886$442,103▼ $46,783
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,375,523$5,100,954▼ $274,569
Net Assets With Donor Restrictions$179,244$55,257▼ $123,987
Total Net Assets Fund Balance$5,554,767$5,156,211▼ $398,556
Total Liabilities and Net Assets / Fund Balance$6,043,653$5,598,314▼ $445,339

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$198,338$3,061,647$3,259,985
Equipment$87,155$2,716,242$2,803,397
Buildings$716,221$1,937,969$2,654,190
Land$775,259-$775,259
Other Land Buildings$204,185$354,983$559,168

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,445,057-▲ $93,493-$1,538,550
2022$1,380,908-▲ $64,149-$1,445,057
2021$1,469,897-▼ $88,989-$1,380,908
2020$1,285,576-▲ $184,321-$1,469,897
2019$1,564,846-▲ $7,203$286,473$1,285,576
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carrie BlackhamExecutive DirectorFT$143,029$143,029
John MilesChief Financial OfficerFT$106,418$106,418
Cinda PhillipsChief Development OfficerFT$104,818$104,818
Morgan CloumChief Human Resources OfficerFT$89,617$89,617
Kayla SchmittCorporate SecretaryFT$65,390$65,390
Jeffrey GrayChief Program OfficerFT$61,464$61,464

Board Members and Trustees

NameTitle
Doug DiekmannBoard Chairman
Joseph H Langerak IvPast Chairman
Andy MartinVice Chairman
Jeff LyonsVice Chairman
Katie TiekenVice Chairman
Wendy MccormickVice Chairman
Audrey NiemeierBoard Member
Ben ShouldersBoard Member
Earl MilliganBoard Member
Jennifer GilbertBoard Member
Keith MessmerBoard Member
Michael PowersBoard Member
Mindy GeorgeBoard Member
Nick PaxsonBoard Member (honorary)
Revenue and Support

Revenue Composition

Contributions and Grants
$1,071,171
Program Service Revenue
$5,016,847
Investment Income
$47,007
Other Revenue
$11,314
All Other Contributions
$653,319
Change in Net Assets
$-694,655

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,146,339
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$296,102
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$6,442,441
Total Revenue per Form 990
$6,146,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,472,029
Other Expenses$1,368,965
Total Fundraising Expense$332,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,576,802$269,565$199,012$4,045,379
Current Officers, Directors, Trustees, and Key Employees-$570,737-$570,737
Other Employee Benefits$406,904$12,963$28,008$447,875
Payroll Taxes$239,140$155,014$13,884$408,038
Depreciation Depletion$199,600$43,310-$242,910
Occupancy$132,208$47,766-$179,974
Insurance$26,849$79,134-$105,983
All Other Expenses$33,506$34,399$11,853$79,758
Office Expenses$23,650$48,494$1,984$74,128
Conferences and Meetings$9,832$49,095$4,365$63,292
Travel$53,658$170$61$53,889
Fees for Services Accounting-$53,634-$53,634
Other Expenses$836$28,505$63,535$29,341
Advertising-$18,504$6,844$25,348
Fees for Services Other$1,500$5,015$3,281$9,796
Interest-$76-$76
Total Functional Expenses$4,858,151$1,650,016$332,827$6,840,994

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,840,997
Expenses per Audited Statements$6,840,994
Total Expenses per Form 990$6,840,994
Expenses Not Reported on Form 990$3
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Really Big Show$29,360$0$3$-3
Event 2-$0-$0
Total Events$29,360$0$3$-3
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Voting members - may be self- advocates, parents, relatives, guardians, advocates or interested citizens concerned with promoting the general welfare of, and service to, all disabled persons and, in particular, those persons with severe disabilities. Honorary members (non-voting) - persons may be recognized for their service and contribution to the organization as honorary members of the corporation. Only paying members are invited to the annual membership meeting where the election of officers takes place. The vanderburgh county commissioners appoint a representative to the board since they are a funder/grantor of the arc of evansville.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Voting members - may be self- advocates, parents, relatives, guardians, advocates or interested citizens concerned with promoting the general welfare of, and service to, all disabled persons and, in particular, those persons with severe disabilities. Honorary members (non-voting) - persons may be recognized for their service and contribution to the organization as honorary members of the corporation. Only paying members are invited to the annual membership meeting where the election of officers takes place. The vanderburgh county commissioners appoint a representative to the board since they are a funder/grantor of the arc of evansville.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

During the annual meeting of the members, the membership approves/elects the officers of the board, new board members, and board members requesting a second term that are nominated by the board of directors. Changes to the articles of incorporation and bylaws are also approved by the membership based on recommened changes from the board of directors. Special meetings of the membership may be called by the chairman of arc's board.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Board members are notified that the form 990 is available for review via email. The chair of the finance committee will review the contents again at the board meeting.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization has a written policy and disclosure statement. The disclosure statement is updated annually by officers, directors, and key employees. The policy requires that individuals notify the executive director of any changes throughout the year. All disclosures required under the organization's policy must be reviewed by the chief human resources officer. The chief human resources officer will review the disclosure with the executive director who makes the final determination as to which interests are in conflict and which, if any, can be resolved. Employees are prohibited from exercising decision-making authority or exerting influence concerning any organization or transaction in which they or a family member have a personal interest. If such conflict arises, it would be removed by either removing the employee, or by ensuring this employee could not be involved in any decision making related to the conflict.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Compensation is determined based on market surveys for comparable position, performance in the position, and other pertinent factors relating to compensation. The executive committee of the board is responsible for approving the salary. A compensation review is conducted on an annual basis, and the most recent review was completed in 2023.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Compensation for key employees is determined based on market surveys for comparable positions, performance in the position, and other pertinent factors relating to compensation. The executive committee of the board is responsible for approving the salary of the key employees. All key employees are evaluated on an annual basis. The most recent compensation reviews were completed in 2023.

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents, the conflicts of interest policy and financial statements are all available upon request.

Filing and Contact Details

Filer

Filer Name
Evansville Arc Inc
EIN
35-0992718
Phone
8124284500
Address
615 W VIRGINIA ST, EVANSVILLE, IN 47710

Signing Officer

Name
Carrie Blackham
Title
Executive Director
Phone
8124284500
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1954
Legal Domicile
In
Voting Board Members
11
Independent Board Members
11
Employees
225
Volunteers
170

Preparer

Firm
Forvis Mazars LLP
Address
1222 Demonbreun St Suite 950, Nashville, TN 37203-3357
Preparer
Jeff Smith
Phone
6154549800
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 INCOME TAXES

The organization's audited financial statements did not include a footnote that addressed the organization's liability for uncertain tax positions under fin48(asc 740). Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part V, Line 4 Intended uses of endowment funds

The organization's endowed funds have been established for a variety of purposes. Over the long term, the organization expects the current spending policy to allow its endowment to grow annually. This is consistent with the organization's objective to maintain the purchasing power of endowment assets held in perpetuity or for a specified term, as well as to provide additional growth through new gifts and investment return.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Special event expenses netted against revenue per tax return - 3

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Special event expenses netted against revenue per tax return - 3

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