Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Indiana Worker'S Compensation
990EZ • Fiscal year 2021 • EIN 35-1832761
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$44,643
No earlier filing loaded for comparison.
Net Assets
$44,321
No earlier filing loaded for comparison.
Liabilities
$322
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$16,519
No earlier filing loaded for comparison.
Expenses
$25,348
No earlier filing loaded for comparison.
Net Income
-$8,829
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 9, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $27,933
Mission and Program Overview
Mission
To promote and conduct programs of general education in the area of worker's compensation and related areas through monthly educational luncheons and seminars.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROMOTE AND CONDUCT PROGRAMS OF GENERAL EDUCATION IN THE AREA OF WORKER'S COMPENSATION AND RELATED AREAS THROUGH MONTHLY EDUCATIONAL LUNCHEONS AND SEMINARS. | - | $13,848 |
| INDIANA WORKER'S COMPENSATION INSTITUTE, INC HAS CREATED A SCHOLARSHIP PROGRAM IN WHICH THEY PROVIDE FUNDS TO AREA UNIVERSITIES FOR RECIPIENTS WITH MAJORS IN INSURANCE OR INSURANCE AND RISK MANAGEMENT. THE SELECTED UNIVERSITY WILL THEN CHOOSE RECIPIENTS FOR THE SCHOLARSHIPS BASED ON THEIR OWN CRITERIA. | $11,500 | $11,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT GREGORI | President | - | $0 | - | - |
| NORETTE MASON | Secretary | - | $0 | - | - |
| JEN MEYER | Board Member | - | $0 | - | - |
| KRISTEN GARBER | Board Member | - | $0 | - | - |
| GREG BEASLEY | Board Member | - | $0 | - | - |
| GREG HALE | Board Member | - | $0 | - | - |
| STEVE KOERS | President-El | - | $0 | - | - |
| ABBE RIEF | Board Member | - | $0 | - | - |
| VERNON POLAND | Board Member | - | $0 | - | - |
| ANGELA GILES | Board Member | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Outing | $18,900 | $18,900 | $11,414 | $7,486 |
| Total Events | $18,900 | $18,900 | $11,414 | $7,486 |
Filing and Contact Details
Filer
- Filer Name
- INDIANA WORKER'S COMPENSATION
- EIN
- 35-1832761
- Address
- PO BOX 90320, INDIANAPOLIS, IN 46290
Signing Officer
- Name
- Robert Gregori
- Title
- President
- Signed
- 2022-05-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- L M Henderson & Company Llp
- Address
- 450 E 96TH ST STE 200, INDIANAPOLIS, IN 46240-3797
- Preparer
- Michelle L Zimmerman
- Phone
- 3175661000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Name: ball state university foundation address: 2800 west bethel avenue muncie, in 47304 cash contribution: 7,500”
Form 990-ez, Part I, Line 16
“Luncheon meetings other expenses 2,501 expenses insurance 1,021 bank fees 1,372 miscellaneous 141 website 690 office expense 1,947 total 7,672”
Form 990-ez, Part II, Line 24
“Website 20,712 20,500 less accumulated amortization 15,375 20,500 total 5,337 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 322”
Form 990-ez, Part III
“To promote and conduct programs of general education in the area of worker's compensation and related areas through monthly educational luncheons and seminars.”
Form 990-ez, Part III, Line 29
“Indiana worker's compensation institute, inc has created a scholarship program in which they provide funds to area universities for recipients with majors in insurance or insurance and risk management. The selected university will then choose recipients for the scholarships based on their own criteria.”
Raw XML Appendix153 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DR ROBERT GREGORI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3177898594 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 90320 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | INDIANAPOLIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 46290 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 47813 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 44643 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8829 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 799 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 53150 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 44643 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 18900 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 11500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 27933 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 3098 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 53150 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 44321 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 53150 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 44321 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 5125 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROBERT GREGORI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NORETTE MASON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JEN MEYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KRISTEN GARBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GREG BEASLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | GREG HALE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | STEVE KOERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ABBE RIEF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | VERNON POLAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | ANGELA GILES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | PRESIDENT-EL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5337 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7672 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE AND CONDUCT PROGRAMS OF GENERAL EDUCATION IN THE AREA OF WORKER'S COMPENSATION AND RELATED AREAS THROUGH MONTHLY EDUCATIONAL LUNCHEONS AND SEMINARS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 252 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 5935 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROMOTE AND CONDUCT PROGRAMS OF GENERAL EDUCATION IN THE AREA OF WORKER'S COMPENSATION AND RELATED AREAS THROUGH MONTHLY EDUCATIONAL LUNCHEONS AND SEMINARS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | INDIANA WORKER'S COMPENSATION INSTITUTE, INC HAS CREATED A SCHOLARSHIP PROGRAM IN WHICH THEY PROVIDE FUNDS TO AREA UNIVERSITIES FOR RECIPIENTS WITH MAJORS IN INSURANCE OR INSURANCE AND RISK MANAGEMENT. THE SELECTED UNIVERSITY WILL THEN CHOOSE RECIPIENTS FOR THE SCHOLARSHIPS BASED ON THEIR OWN CRITERIA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 11500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 13848 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 11500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 11414 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 7486 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 322 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 25348 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25348 |
| IRS990EZ/TotalRevenueAmt | 0 | 16519 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.IWCI.ORG |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 11414 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF OUTING |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 18900 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 18900 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 18900 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 18900 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 7486 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 11414 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 11414 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: BALL STATE UNIVERSITY FOUNDATION ADDRESS: 2800 WEST BETHEL AVENUE MUNCIE, IN 47304 CASH CONTRIBUTION: 7,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LUNCHEON MEETINGS OTHER EXPENSES 2,501 EXPENSES INSURANCE 1,021 BANK FEES 1,372 MISCELLANEOUS 141 WEBSITE 690 OFFICE EXPENSE 1,947 TOTAL 7,672 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | WEBSITE 20,712 20,500 LESS ACCUMULATED AMORTIZATION 15,375 20,500 TOTAL 5,337 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 322 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO PROMOTE AND CONDUCT PROGRAMS OF GENERAL EDUCATION IN THE AREA OF WORKER'S COMPENSATION AND RELATED AREAS THROUGH MONTHLY EDUCATIONAL LUNCHEONS AND SEMINARS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | INDIANA WORKER'S COMPENSATION INSTITUTE, INC HAS CREATED A SCHOLARSHIP PROGRAM IN WHICH THEY PROVIDE FUNDS TO AREA UNIVERSITIES FOR RECIPIENTS WITH MAJORS IN INSURANCE OR INSURANCE AND RISK MANAGEMENT. THE SELECTED UNIVERSITY WILL THEN CHOOSE RECIPIENTS FOR THE SCHOLARSHIPS BASED ON THEIR OWN CRITERIA. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 29 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT GREGORI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INDIANA WORKER'S COMPENSATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | INSTITUTE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INDI |
| ReturnHeader/Filer/EIN | 0 | 351832761 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 90320 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | INDIANAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 46290 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 205520612 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | L M HENDERSON & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 450 E 96TH ST STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | INDIANAPOLIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 462403797 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3175661000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHELLE L ZIMMERMAN |
| ReturnHeader/ReturnTs | 0 | 2022-05-19T09:52:05-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ROBERT |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GREGORI |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $44,643
- Liabilities
- $322
- Net assets
- $44,321
- Revenue
- $16,519
- Expenses
- $25,348
- Net income
- -$8,829