Civic Intelligence

Evansville Industrial Foundation Inc

EIN 35-6013856 • 501(c)6 • Evansville, IN

Profile

Promote the well-being and the social welfare of people and businesses who reside in the evansville, indiana communty.

318 Main Street Suite 401Evansville, IN 47708-1498

vanderburghindustrialpark.com

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 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-2534%

Higher net margin than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

6.7%

Faster revenue growth than 62% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $2,186,634 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$0

Down $2,186,634 (-100%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin2nd percentile

Revenue

Up

$86,288

Up $5,381 (+6.7%) from 2023

Expenses

Up

$2,272,922

Up $2,260,152 (+17699%) from 2023

Net Income

Down

-$2,186,634

Down $2,254,771 (-3309%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$3.0M$2.0M$1.0M$0Assets 2015: $2,313,470Liabilities 2015: $2,922Net Assets 2015: $2,310,5482015Assets 2020: $2,106,003Liabilities 2020: $0Net Assets 2020: $2,106,0032020Assets 2021: $2,042,228Liabilities 2021: $0Net Assets 2021: $2,042,2282021Assets 2022: $2,118,497Liabilities 2022: $0Net Assets 2022: $2,118,4972022Assets 2023: $2,186,634Liabilities 2023: $0Net Assets 2023: $2,186,6342023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2015: $51,000Expenses 2015: $7,094Net Income 2015: $43,9062015Revenue 2020: $22,495Expenses 2020: $83,843Net Income 2020: -$61,3482020Revenue 2021: -$23,468Expenses 2021: $40,307Net Income 2021: -$63,7752021Revenue 2022: $95,224Expenses 2022: $18,955Net Income 2022: $76,2692022Revenue 2023: $80,907Expenses 2023: $12,770Net Income 2023: $68,1372023Revenue 2024: $86,288Expenses 2024: $2,272,922Net Income 2024: -$2,186,6342024

Highlighted filing

2024

Revenue$86,288
Expenses$2,272,922
Net Income-$2,186,634
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$86,288
Expenses
$2,272,922
Net income
-$2,186,634
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.09$2.27$2.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.00$2.19$0.08$0.01$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.00$2.12$0.10$0.02$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.00$2.04$0.02$0.04$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.00$2.11$0.02$0.08$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$0.05$0.01$0.04
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 24, 2016
Return Version
2015v2.1
Gross Receipts
$51,000
Mission and Program Overview

Mission

Promote the well-being & social welfare of people & businesses who reside in the evansville, indiana community.

Promote the well-being and the social welfare of people and businesses who reside in the evansville, indiana community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,262,139$2,296,857▲ $34,718
Cash and Non-Interest-Bearing Accounts$14,861$13,981▼ $880
Prepaid Expenses and Deferred Charges$2,383$2,632▲ $249
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,279,383$2,313,470▲ $34,087
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$12,741$2,922▼ $9,819
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,741$2,922▼ $9,819
Net Assets / Fund Balance
Unrestricted Net Assets$2,266,642$2,310,548▲ $43,906
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,266,642$2,310,548▲ $43,906
Total Liabilities and Net Assets / Fund Balance$2,279,383$2,313,470▲ $34,087

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,296,857-$0
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Jeff DeigImmediate Past President
Dan ArensPresident
Pepper MulherinVice President
Bill ThebyBoard Member
Chris KinnettBoard Member
Christy GillenwaterBoard Member
David M KochBoard Member
Deborah D DeweyBoard Member
Dr Mohammed Fazeel KhayumBoard Member
Dwight HamiltonBoard Member
Edmund L HaferBoard Member
James D ButterfieldBoard Member
Jeff JobeBoard Member
Jim WittmanBoard Member
Joe KieferBoard Member
John LambBoard Member
Lloyd WinneckeBoard Member
Marco DelucioBoard Member
Michael DevoyBoard Member
Michael HintonBoard Member
Robert SearsBoard Member
Thomas E SladeBoard Member
Bruce L StallingsLifetime Director Emeritus
Donald a RaushLifetime Director Emeritus
James H MuehlbauerLifetime Director Emeritus
Jerry D WellsLifetime Director Emeritus
Kenneth B LeimgruberLifetime Director Emeritus
Ronald B KeepingLifetime Director Emeritus
Ronald G RehermanLifetime Director Emeritus
William E ViethLifetime Director Emeritus
Brian WilliamsSecretary/corporate Counsel
Craig BerkeleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$51,000
Change in Net Assets
$43,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$5,633--$5,633
Other Expenses$5,000--$5,000
Fees for Services Accounting$-3,539--$-3,539
Total Functional Expenses$7,094$0$0$7,094
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
Yes
Audit committee
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
No
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 A, Line 11A

“Board review of form 990 ------------------------ the form 990 was not provided to the full board but was reviewed in detail by the board treasurer and president prior to filing. The form 990 is also reviewed by an independent public accounting firm.”

Form 990, Part VI, Section C, Line 19

“Availability of governing documents ----------------------------------- the organization makes its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Evansville Industrial Foundation Inc
EIN
35-6013856
In Care Of
% EDWARD J HULL
Phone
8124258147
Address
318 Main Street Suite 401, Evansville, IN 47708-1498

Signing Officer

Name
Edward J Hull
Title
Treasurer
Phone
8124258147
Signed
2016-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Arens
Formed
1958
Legal Domicile
In
Voting Board Members
32
Independent Board Members
32
Employees
0
Volunteers
32

Preparer

Firm
Bkd Llp
Address
360 E 8TH AVE STE 201 PO BOX 1196, BOWLING GREEN, KY 42102-1196
Preparer
Kim Scifres
Phone
2707810111
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

“Accounting method used to prepare form 990 ------------------------------------------ the financial statements have been prepared using the income tax basis.”

Raw XML AppendixShowing 400 of 572 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.

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