Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Indiana Worker'S Compensation
990EZ • Fiscal year 2022 • EIN 35-1832761
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Down$24,793
Down $19,850 (-44%) from 2021
Net Assets
Down$24,793
Down $19,528 (-44%) from 2021
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$56,037
Up $39,518 (+239%) from 2021
Expenses
Up$67,464
Up $42,116 (+166%) from 2021
Net Income
Down-$11,427
Down $2,598 (-29%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Feb 22, 2023
- Return Version
- 2022v4.1
- Gross Receipts
- $69,251
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. | - | $67,464 |
| 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. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROBERT GREGORI | Past Preside | - | $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 | - | $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 | $66,446 | $66,446 | $13,214 | $53,232 |
| Total Events | $66,446 | $66,446 | $13,214 | $53,232 |
Filing and Contact Details
Filer
- Filer Name
- INDIANA WORKER'S COMPENSATION
- EIN
- 35-1832761
- Phone
- 3174957100
- Address
- PO BOX 90320, INDIANAPOLIS, IN 46290
Signing Officer
- Name
- Steve Koers
- Title
- President
- Phone
- 3174957100
- Signed
- 2023-02-22
- 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 16
“Luncheon/seminar meetings other expenses 7,596 expenses conference expense 45,349 insurance 1,143 miscellaneous 2,434 office expense 1,150 food & beverage expense 7,500 total 65,172”
Form 990-ez, Part I, Line 20
“-8,101 prior period adjustment to reclassify prior year expense for nov 2021 program event.”
Form 990-ez, Part II, Line 24
“Website 20,500 20,500 less accumulated amortization 20,500 20,500 total 0 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 322 0”
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 Appendix151 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 | STEVE KOERS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3174957100 |
| 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 | 44643 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 24793 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -11427 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1960 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 44643 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 24793 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 66446 |
| IRS990EZ/GrossReceiptsAmt | 0 | 69251 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 44321 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 24793 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 44321 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 24793 |
| 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 | PAST PRESIDE |
| 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 |
| 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/OtherChangesInNetAssetsAmt | 0 | -8101 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 65172 |
| 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 | 332 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 2805 |
| 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/ProgramServiceExpensesAmt | 0 | 67464 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 13214 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 53232 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 322 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 67464 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 67464 |
| IRS990EZ/TotalRevenueAmt | 0 | 56037 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.IWCI.ORG |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 13214 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF OUTING |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 66446 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 66446 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 66446 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 66446 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 53232 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 13214 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 13214 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LUNCHEON/SEMINAR MEETINGS OTHER EXPENSES 7,596 EXPENSES CONFERENCE EXPENSE 45,349 INSURANCE 1,143 MISCELLANEOUS 2,434 OFFICE EXPENSE 1,150 FOOD & BEVERAGE EXPENSE 7,500 TOTAL 65,172 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | -8,101 PRIOR PERIOD ADJUSTMENT TO RECLASSIFY PRIOR YEAR EXPENSE FOR NOV 2021 PROGRAM EVENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | WEBSITE 20,500 20,500 LESS ACCUMULATED AMORTIZATION 20,500 20,500 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 322 0 |
| 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 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| 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 | 2023-03-07 01:45:13Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVE KOERS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3174957100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-22 |
| 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/PhoneNum | 0 | 3174957100 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| 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 | 2023-02-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHELLE L ZIMMERMAN |
| ReturnHeader/ReturnTs | 0 | 2023-02-23T17:35:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | STEVE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KOERS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $24,793
- Liabilities
- -
- Net assets
- $24,793
- Revenue
- $56,037
- Expenses
- $67,464
- Net income
- -$11,427