Civic Intelligence

Towne & Terrace Corp

EIN 35-1170805 • 501(c)4 • Indianapolis, IN

Profile

HOMEOWNERS' ASSOCIATION

5645 E Raymond StreetIndianapolis, IN 46203

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

84th percentile

28%

Higher net margin than 84% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

19th percentile

-43%

Faster revenue growth than 19% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $39,108 (-100%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $39,108 (-100%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin84th percentile

Revenue

Down

$100,000

Down $74,067 (-43%) from 2024

Expenses

Down

$71,586

Down $108,184 (-60%) from 2024

Net Income

Up

$28,414

Up $34,117 (+598%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$200K$150K$100K$50K$0Assets 2012: $56,930Net Assets 2012: $56,9302012Assets 2013: $52,629Net Assets 2013: $52,6292013Assets 2014: $48,826Net Assets 2014: $48,8262014Assets 2015: $49,754Net Assets 2015: $49,7542015Assets 2016: $45,901Net Assets 2016: $45,9012016Assets 2017: $67,161Net Assets 2017: $67,1612017Assets 2018: $45,382Net Assets 2018: $45,3822018Assets 2019: $88,175Net Assets 2019: $88,1752019Assets 2020: $80,169Net Assets 2020: $80,1692020Assets 2021: $81,895Net Assets 2021: $81,8952021Assets 2022: $162,820Net Assets 2022: $162,8202022Assets 2023: $39,348Net Assets 2023: $39,3482023Assets 2024: $39,108Net Assets 2024: $39,1082024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2025

Assets$0
Liabilities-
Net Assets$0
Open 2025 Filing

Operations Trend

Revenue Growth19th percentile

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

$400K$200K$0-$200KRevenue 2012: $46,020Expenses 2012: $47,094Net Income 2012: -$1,0742012Revenue 2013: $37,604Expenses 2013: $41,905Net Income 2013: -$4,3012013Revenue 2014: $48,417Expenses 2014: $52,219Net Income 2014: -$3,8022014Revenue 2015: $40,946Expenses 2015: $40,018Net Income 2015: $9282015Revenue 2016: $39,132Expenses 2016: $42,985Net Income 2016: -$3,8532016Revenue 2017: $60,332Expenses 2017: $39,073Net Income 2017: $21,2592017Revenue 2018: $76,320Expenses 2018: $98,099Net Income 2018: -$21,7792018Revenue 2019: $78,403Expenses 2019: $35,610Net Income 2019: $42,7932019Revenue 2020: $71,121Expenses 2020: $79,127Net Income 2020: -$8,0062020Revenue 2021: $189,838Expenses 2021: $188,112Net Income 2021: $1,7262021Revenue 2022: $196,544Expenses 2022: $115,619Net Income 2022: $80,9252022Revenue 2023: $168,602Expenses 2023: $292,074Net Income 2023: -$123,4722023Revenue 2024: $174,067Expenses 2024: $179,770Net Income 2024: -$5,7032024Revenue 2025: $100,000Expenses 2025: $71,586Net Income 2025: $28,4142025

Highlighted filing

2025

Revenue$100,000
Expenses$71,586
Net Income$28,414
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$100,000
Expenses
$71,586
Net income
$28,414
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.00$0.72$0.28
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.39$1.74$1.80$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.39$1.69$2.92$1.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.63$1.97$1.16$0.81
2021Detailed filing. Detailed filing data is available for this year.$0.82$0.82$1.90$1.88$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.80$0.71$0.79$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.88$0.78$0.36$0.43
2018Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.76$0.98$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.67$0.60$0.39$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.46$0.39$0.43$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.41$0.40$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.48$0.52$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.53$0.53$0.38$0.42$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.57$0.46$0.47$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 15, 2026
Return Version
2025v4.0
Gross Receipts
$100,000
Mission and Program Overview

Mission

HOMEOWNERS' ASSOCIATION

Program Services

DescriptionGrantsExpenses
LEGAL REPRESENTATION, LAWN CARE, SNOW REMOVAL, MANAGEMENT FEES AND UPKEEP FOR 179 PROPERTIES OF THE HOMEOWNERS' ASSOCIATION-$65,642
UTILITIES, TAXES, INSURANCE FOR COMMON GROUPS FOR 179 PROPERTIES OF THE HOMEOWNERS' ASSOCIATION-$5,944
PRINTING, POSTAGE, BOARD MEETINGS AND OFFICE EXPENSES FOR 179 PROPERTIES OF THE HOMEOWNERS' ASSOCIATION--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH DURDENPresidentPT$0--
STANLEY MCGHEEVice PresidePT$0--
COURTNEY HARDYBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Towne & Terrace Corp
EIN
35-1170805
Phone
3178247857
Address
5645 E RAYMOND STREET, INDIANAPOLIS, IN 46203

Signing Officer

Name
Elizabeth Durden
Title
President
Phone
4632189273
Signed
2026-01-15

Preparer

Firm
Cg Cpas Inc
Address
6612 E 75TH ST STE 300, INDIANAPOLIS, IN 46250
Preparer
David R Goss CPA
Phone
3175450845
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20

“Liquidation distribution -67,522”

Form 990-ez, Part II, Line 24

“6,712 6,712 less accumulated depreciation 6,712 6,712 total 0 0”

Raw XML Appendix107 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/BusinessName/BusinessNameLine1Txt0ON-LINE ACCOUNTING INC
IRS990EZ/BooksInCareOfDetail/PhoneNum03175906954
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05222 SOUTH EAST STREET STE B7
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INDIANAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046227
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039108
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028414
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt065642
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039108
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt0100000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0100000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039108
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039108
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt05944
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELIZABETH DURDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STANLEY MCGHEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2COURTNEY HARDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-67522
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0HOMEOWNERS' ASSOCIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LEGAL REPRESENTATION, LAWN CARE, SNOW REMOVAL, MANAGEMENT FEES AND UPKEEP FOR 179 PROPERTIES OF THE HOMEOWNERS' ASSOCIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1UTILITIES, TAXES, INSURANCE FOR COMMON GROUPS FOR 179 PROPERTIES OF THE HOMEOWNERS' ASSOCIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PRINTING, POSTAGE, BOARD MEETINGS AND OFFICE EXPENSES FOR 179 PROPERTIES OF THE HOMEOWNERS' ASSOCIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt065642
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15944
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt071586
IRS990EZ/TotalProgramServiceExpensesAmt071586
IRS990EZ/TotalRevenueAmt0100000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0NOT FOR PROFIT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02025-09-18
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt067522
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LIQUIDATION DISTRIBUTION -67,522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16,712 6,712 LESS ACCUMULATED DEPRECIATION 6,712 6,712 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH DURDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04632189273
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOWNE & TERRACE CORP
ReturnHeader/Filer/BusinessNameControlTxt0TOWN
ReturnHeader/Filer/EIN0351170805
ReturnHeader/Filer/PhoneNum03178247857
ReturnHeader/Filer/USAddress/AddressLine1Txt05645 E RAYMOND STREET
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352128731
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CG CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06612 E 75TH ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046250
ReturnHeader/PreparerPersonGrp/PhoneNum03175450845
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID R GOSS CPA
ReturnHeader/ReturnTs02026-01-16T08:18:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.