Civic Intelligence

Muncie Innovation Connector Inc.

990 • Fiscal year 2018 • EIN 35-2216589

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization ProfileWWW.INNOVATIONCONNECTOR.ORG
1208 West White River BlvdMuncie, IN 47303

(765) 285-4900

Siviq Scores

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

Liabilities / Assets

79th percentile

0.46x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

5.70x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

2nd percentile

-172%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

80th percentile

$131,879

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 48.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

10th percentile

-14%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$3,359,644

Down $528,994 (-14%) from 2017

Net Assets

Down

$1,814,295

Down $464,872 (-20%) from 2017

Liabilities

Down

$1,545,349

Down $64,122 (-4.0%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin2nd percentile

Revenue

Down

$270,893

Down $641,336 (-70%) from 2017

Expenses

Up

$735,765

Up $19,789 (+2.8%) from 2017

Net Income

Down

-$464,872

Down $661,125 (-337%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,419,765Liabilities 2010: $1,681,685Net Assets 2010: $1,738,0802010Assets 2011: $3,326,867Liabilities 2011: $1,656,178Net Assets 2011: $1,670,6892011Assets 2012: $3,195,558Liabilities 2012: $1,616,157Net Assets 2012: $1,579,4012012Assets 2013: $3,077,052Liabilities 2013: $1,577,688Net Assets 2013: $1,499,3642013Assets 2014: $2,894,245Liabilities 2014: $1,581,298Net Assets 2014: $1,312,9472014Assets 2015: $3,351,863Liabilities 2015: $1,559,168Net Assets 2015: $1,792,6952015Assets 2016: $3,655,476Liabilities 2016: $1,572,562Net Assets 2016: $2,082,9142016Assets 2017: $3,888,638Liabilities 2017: $1,609,471Net Assets 2017: $2,279,1672017Assets 2018: $3,359,644Liabilities 2018: $1,545,349Net Assets 2018: $1,814,2952018Assets 2019: $2,926,290Liabilities 2019: $1,497,715Net Assets 2019: $1,428,5752019Assets 2020: $3,118,979Liabilities 2020: $1,702,411Net Assets 2020: $1,416,5682020Assets 2021: $3,188,598Liabilities 2021: $1,902,468Net Assets 2021: $1,286,1302021Assets 2022: $2,809,355Liabilities 2022: $1,510,592Net Assets 2022: $1,298,7632022Assets 2023: $2,613,180Liabilities 2023: $1,432,646Net Assets 2023: $1,180,5342023Assets 2024: $2,665,640Liabilities 2024: $1,367,207Net Assets 2024: $1,298,4332024

Highlighted filing

2018

Assets$3,359,644
Liabilities$1,545,349
Net Assets$1,814,295
Open 2018 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $574,1842010Expenses 2011: $499,3522011Expenses 2012: $512,3362012Revenue 2013: $447,362Expenses 2013: $527,399Net Income 2013: -$80,0372013Revenue 2014: $439,844Expenses 2014: $626,260Net Income 2014: -$186,4162014Revenue 2015: $1,148,812Expenses 2015: $669,064Net Income 2015: $479,7482015Revenue 2016: $967,495Expenses 2016: $677,276Net Income 2016: $290,2192016Revenue 2017: $912,229Expenses 2017: $715,976Net Income 2017: $196,2532017Revenue 2018: $270,893Expenses 2018: $735,765Net Income 2018: -$464,8722018Revenue 2019: $364,993Expenses 2019: $750,713Net Income 2019: -$385,7202019Revenue 2020: $729,945Expenses 2020: $741,952Net Income 2020: -$12,0072020Revenue 2021: $740,491Expenses 2021: $870,929Net Income 2021: -$130,4382021Revenue 2022: $750,883Expenses 2022: $793,133Net Income 2022: -$42,2502022Revenue 2023: $748,587Expenses 2023: $851,448Net Income 2023: -$102,8612023Revenue 2024: $1,009,106Expenses 2024: $884,453Net Income 2024: $124,6532024

Highlighted filing

2018

Revenue$270,893
Expenses$735,765
Net Income-$464,872
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$270,893
Mission and Program Overview

Mission

To be east central indiana's primary sponsor bringing in technological firms.

To be east central indiana's primary sponsor bringing in technological firms.see schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,606,926$2,538,393▼ $68,533
Cash and Non-Interest-Bearing Accounts$1,208,724$733,822▼ $474,902
Accounts Receivable$50$1,667▲ $1,617
Total Assets$3,888,638$3,359,644▼ $528,994
Other Assets Total$72,938$85,762▲ $12,824
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,383,081$1,328,351▼ $54,730
Unsecured Notes Loans Payable$169,916$173,108▲ $3,192
Accounts Payable and Accrued Expenses$55,340$42,730▼ $12,610
Other Liabilities$1,134$1,160▲ $26
Total Liabilities$1,609,471$1,545,349▼ $64,122
Net Assets / Fund Balance
Unrestricted Net Assets$2,275,131$1,805,179▼ $469,952
Temporarily Rstr Net Assets$4,036$9,116▲ $5,080
Total Net Assets Fund Balance$2,279,167$1,814,295▼ $464,872
Total Liabilities and Net Assets / Fund Balance$3,888,638$3,359,644▼ $528,994

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,680,664$596,469-
Land$795,241--
Equipment$21,423$280,632-
Leasehold Improvements$41,065$110,759-
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Theodore BakerExecutive DirectorFT$131,879$131,879

Board Members and Trustees

NameTitle
Ronald FauquherChairman of the Board
Kristen SmithBoard Member
Scott MckeeBoard Member
Stefan AndersonBoard Member
James BorgmannSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,000
Program Service Revenue
$224,536
Investment Income
$1,357
Other Revenue
$0
All Other Contributions
$45,000
Change in Net Assets
$-464,872

Audited Revenue Reconciliation

Revenue per Audited Statements
$270,893
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$270,893
Total Revenue per Form 990
$270,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$430,866
Salaries, Compensation, and Employee Benefits$304,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,734$20,953-$139,687
Current Officers, Directors, Trustees, and Key Employees$112,097$19,782-$131,879
Occupancy$67,167$11,853-$79,020
Depreciation Depletion$66,626$11,757-$78,383
Interest$55,481$9,791-$65,272
Advertising$25,329--$25,329
Travel$23,708--$23,708
Payroll Taxes$17,467$3,082-$20,549
Fees for Services Accounting$4,990$7,485-$12,475
Pension Plan Contributions$10,598$1,870-$12,468
Insurance$9,149$1,614-$10,763
All Other Expenses$6,982$3,508-$10,490
Other Expenses$8,367$1,476-$9,843
Conferences and Meetings$6,794--$6,794
Fees for Services Management$800$1,200-$2,000
Office Expenses$814$144-$958
Other Employee Benefits$268$48-$316
Total Functional Expenses$615,548$120,217$0$735,765

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$735,765
Total Expenses per Audited Statements$735,765
Total Expenses per Form 990$735,765
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,160
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the tax return is reviewed by the executive director and provided to the board of directors for their review prior to filing.”

Form 990, Part VI, Section B, Line 15A

“The board of directors adjusts the executive director's compensation based on performance.”

Form 990, Part VI, Section C, Line 19

“All documents subject to public inspection are available upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Innovation Connector Inc
EIN
35-2216589
Phone
7652854900
Address
1208 WEST WHITE RIVER BLVD, MUNCIE, IN 47303

Signing Officer

Name
Ted Baker
Title
Executive Director
Phone
7652854900
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ted Baker
Formed
2001
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
4
Volunteers
0

Preparer

Firm
Whitinger & Company LLC
Address
1100 W WHITE RIVER BLVD, MUNCIE, IN 47303-3776
Preparer
Linn a Crull CPA
Phone
7652843384
Raw XML AppendixShowing 400 of 432 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055340
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042730
IRS990/AccountsReceivableGrp/BOYAmt050
IRS990/AccountsReceivableGrp/EOYAmt01667
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO BE EAST CENTRAL INDIANA'S PRIMARY SPONSOR BRINGING IN TECHNOLOGICAL FIRMS.SEE SCHEDULE O
IRS990/AdvertisingGrp/ProgramServicesAmt025329
IRS990/AdvertisingGrp/TotalAmt025329
IRS990/AllOtherContributionsAmt045000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03508
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06982
IRS990/AllOtherExpensesGrp/TotalAmt010490
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TED BAKER
IRS990/BooksInCareOfDetail/PhoneNum07652854900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01208 WEST WHITE RIVER BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MUNCIE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047303
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01208724
IRS990/CashNonInterestBearingGrp/EOYAmt0733822
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt019782
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0112097
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0131879
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06794
IRS990/ConferencesMeetingsGrp/TotalAmt06794
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt045000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01357
IRS990/CYOtherExpensesAmt0430866
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0224536
IRS990/CYRevenuesLessExpensesAmt0-464872
IRS990/CYSalariesCompEmpBnftPaidAmt0304899
IRS990/CYTotalExpensesAmt0735765
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0270893
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt011757
IRS990/DepreciationDepletionGrp/ProgramServicesAmt066626
IRS990/DepreciationDepletionGrp/TotalAmt078383
IRS990/Desc0ASSISTING IN THE CREATION OF EMERGING TECHNOLOGY-BASED COMPANIES THAT WILL IMPROVE THE ECONOMY OF EAST CENTRAL INDIANA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0615548
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07485
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04990
IRS990/FeesForServicesAccountingGrp/TotalAmt012475
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01200
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0800
IRS990/FeesForServicesManagementGrp/TotalAmt02000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0RONALD FAUQUHER
IRS990/Form990PartVIISectionAGrp/PersonNm1STEFAN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES BORGMANN
IRS990/Form990PartVIISectionAGrp/PersonNm3KRISTEN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4SCOTT MCKEE
IRS990/Form990PartVIISectionAGrp/PersonNm5THEODORE BAKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5131879
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0270893
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01614
IRS990/InsuranceGrp/ProgramServicesAmt09149
IRS990/InsuranceGrp/TotalAmt010763
IRS990/InterestGrp/ManagementAndGeneralAmt09791
IRS990/InterestGrp/ProgramServicesAmt055481
IRS990/InterestGrp/TotalAmt065272
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01357
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01357
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0987860
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02606926
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02538393
IRS990/LandBldgEquipCostOrOtherBssAmt03526253
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE EAST CENTRAL INDIANA'S PRIMARY SPONSOR BRINGING IN TECHNOLOGICAL FIRMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01383081
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01328351
IRS990/NetAssetsOrFundBalancesBOYAmt02279167
IRS990/NetAssetsOrFundBalancesEOYAmt01814295
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011853
IRS990/OccupancyGrp/ProgramServicesAmt067167
IRS990/OccupancyGrp/TotalAmt079020
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0144
IRS990/OfficeExpensesGrp/ProgramServicesAmt0814
IRS990/OfficeExpensesGrp/TotalAmt0958
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt072938
IRS990/OtherAssetsTotalGrp/EOYAmt085762
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt048
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0316
IRS990/OtherExpensesGrp/Desc0GRANT EXPENSE
IRS990/OtherExpensesGrp/Desc1CONSULTANT
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND SMALL EQUI
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08522
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt213039
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31476
IRS990/OtherExpensesGrp/ProgramServicesAmt048294
IRS990/OtherExpensesGrp/ProgramServicesAmt123191
IRS990/OtherExpensesGrp/ProgramServicesAmt28692
IRS990/OtherExpensesGrp/ProgramServicesAmt38367
IRS990/OtherExpensesGrp/TotalAmt056816
IRS990/OtherExpensesGrp/TotalAmt127284
IRS990/OtherExpensesGrp/TotalAmt221731
IRS990/OtherExpensesGrp/TotalAmt39843
IRS990/OtherLiabilitiesGrp/BOYAmt01134
IRS990/OtherLiabilitiesGrp/EOYAmt01160
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020953
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118734
IRS990/OtherSalariesAndWagesGrp/TotalAmt0139687
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03082
IRS990/PayrollTaxesGrp/ProgramServicesAmt017467
IRS990/PayrollTaxesGrp/TotalAmt020549
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01870
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010598
IRS990/PensionPlanContributionsGrp/TotalAmt012468
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TED BAKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0LEASE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SEMINAR INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CODING CONNECTOR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0167430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26906
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0167430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26906
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0680649
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01390
IRS990/PYOtherExpensesAmt0403532
IRS990/PYOtherRevenueAmt07741
IRS990/PYProgramServiceRevenueAmt0222449
IRS990/PYRevenuesLessExpensesAmt0196253
IRS990/PYSalariesCompEmpBnftPaidAmt0312444
IRS990/PYTotalExpensesAmt0715976
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0912229
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-464872
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0225893
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0680649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0720609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0897045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0303000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02646303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0168787
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0160451
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0149514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0172971
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0115343
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0767066
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01014654
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07741
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt040359
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt026605
IRS990ScheduleA/OtherIncome170Grp/TotalAmt074705
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75870
IRS990ScheduleA/PublicSupportPY170Pct00.79410
IRS990ScheduleA/PublicSupportTotal170Amt02646303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0680649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0720609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0897045
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0303000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02646303
IRS990ScheduleA/TotalSupportAmt03488074
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01680664
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0596469
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02277133
IRS990ScheduleD/EquipmentGrp/BookValueAmt021423
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0280632
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0302055
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0735765
IRS990ScheduleD/LandGrp/BookValueAmt0795241
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0795241
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041065
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0110759
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0151824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0270893
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02538393
IRS990ScheduleD/TotalExpensesPerForm990Amt0735765
IRS990ScheduleD/TotalLiabilityAmt01160
IRS990ScheduleD/TotalRevenuePerForm990Amt0270893
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0270893
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0735765
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR AND PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ADJUSTS THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS SUBJECT TO PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04036
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt09116
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03888638
IRS990/TotalAssetsEOYAmt03359644
IRS990/TotalAssetsGrp/BOYAmt03888638
IRS990/TotalAssetsGrp/EOYAmt03359644
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt045000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120217
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0615548
IRS990/TotalFunctionalExpensesGrp/TotalAmt0735765
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01609471
IRS990/TotalLiabilitiesEOYAmt01545349
IRS990/TotalLiabilitiesGrp/BOYAmt01609471
IRS990/TotalLiabilitiesGrp/EOYAmt01545349
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02279167
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01814295
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0615548
IRS990/TotalProgramServiceRevenueAmt0224536
IRS990/TotalReportableCompFromOrgAmt0131879
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0225893
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0270893
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03888638
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03359644
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt023708
IRS990/TravelGrp/TotalAmt023708
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02275131
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01805179
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0169916
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0173108
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01208 WEST WHITE RIVER BOULEVARD
IRS990/USAddress/CityNm0MUNCIE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047303
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.INNOVATIONCONNECTOR.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TED BAKER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,359,644
Liabilities
$1,545,349
Net assets
$1,814,295
Revenue
$270,893
Expenses
$735,765
Net income
-$464,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.67$1.37$1.30$1.01$0.88$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.61$1.43$1.18$0.75$0.85$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.81$1.51$1.30$0.75$0.79$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.19$1.90$1.29$0.74$0.87$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.12$1.70$1.42$0.73$0.74$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.93$1.50$1.43$0.36$0.75$0.39
2018Detailed filing. Detailed filing data is available for this year.$3.36$1.55$1.81$0.27$0.74$0.46
2017Detailed filing. Detailed filing data is available for this year.$3.89$1.61$2.28$0.91$0.72$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.66$1.57$2.08$0.97$0.68$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.35$1.56$1.79$1.15$0.67$0.48
2014Detailed filing. Detailed filing data is available for this year.$2.89$1.58$1.31$0.44$0.63$0.19
2013Detailed filing. Detailed filing data is available for this year.$3.08$1.58$1.50$0.45$0.53$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.20$1.62$1.58$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$1.66$1.67$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$1.68$1.74$0.57