Civic Intelligence

Indiana Association of Osteopathic

EIN 35-6021884 • 501(c)6 • Indianapolis, IN

Profile

Ioa is the professional home and advocate for all physicians and students whose objective is to practice osteopathically.

3200 Cold Spring Rd Evans Ctr 107Indianapolis, IN 46222

www.inosteo.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.16x

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

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

Liabilities / Revenue

87th percentile

0.26x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

10th percentile

-58%

Higher net margin than 10% of similar nonprofits.

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

Top Officer Pay

96th percentile

$92,928

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 46.1% of source-year revenue.

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

Asset Growth

19th percentile

-35%

Faster asset growth than 19% of similar nonprofits.

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

Revenue Growth

25th percentile

-21%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$326,601

Down $179,202 (-35%) from 2023

Liabilities

Down

$52,860

Down $79,740 (-60%) from 2023

Net Assets

Down

$273,741

Down $99,462 (-27%) from 2023

Revenue

Down

$201,420

Down $52,233 (-21%) from 2023

Expenses

Down

$317,570

Down $8,681 (-2.7%) from 2023

Net Income

Down

-$116,150

Down $43,552 (-60%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $259,552Liabilities 2015: $17,532Net Assets 2015: $242,0202015Assets 2016: $279,633Liabilities 2016: $12,975Net Assets 2016: $266,6582016Assets 2017: $256,216Liabilities 2017: $15,043Net Assets 2017: $241,1732017Assets 2018: $202,460Liabilities 2018: $11,736Net Assets 2018: $190,7242018Assets 2021: $500,416Liabilities 2021: $59,611Net Assets 2021: $440,8052021Assets 2022: $479,377Liabilities 2022: $44,177Net Assets 2022: $435,2002022Assets 2023: $505,803Liabilities 2023: $132,600Net Assets 2023: $373,2032023Assets 2024: $326,601Liabilities 2024: $52,860Net Assets 2024: $273,7412024

Highlighted filing

2024

Assets$326,601
Liabilities$52,860
Net Assets$273,741

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $419,095Expenses 2015: $406,860Net Income 2015: $12,2352015Revenue 2016: $358,716Expenses 2016: $342,298Net Income 2016: $16,4182016Revenue 2017: $414,712Expenses 2017: $413,031Net Income 2017: $1,6812017Revenue 2018: $347,717Expenses 2018: $389,068Net Income 2018: -$41,3512018Revenue 2021: $400,065Expenses 2021: $301,115Net Income 2021: $98,9502021Revenue 2022: $335,287Expenses 2022: $328,523Net Income 2022: $6,7642022Revenue 2023: $253,653Expenses 2023: $326,251Net Income 2023: -$72,5982023Revenue 2024: $201,420Expenses 2024: $317,570Net Income 2024: -$116,1502024

Highlighted filing

2024

Revenue$201,420
Expenses$317,570
Net Income-$116,150

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$201,420
Mission and Program Overview

Mission

The mission of the association shall be to serve the osteopathic physicians of indiana by providing quality continuing medical education, to work with the american osteopathic association to create a positive public and legislative awareness about osteopathic medicine, and to provide a forum for practicing d.o.s to initiate and implement changes that improve quality of care to the people of indiana.

Ioa is the professional home and advocate for all physicians and students whose objective is to practice osteopathically.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$252,290$278,900▲ $26,610
Cash and Non-Interest-Bearing Accounts$151,681$25,521▼ $126,160
Savings and Temporary Cash Investments$100,080$20,109▼ $79,971
Prepaid Expenses and Deferred Charges$1,652$1,971▲ $319
Accounts Receivable$100$100→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$505,803$326,601▼ $179,202
Liabilities
Deferred Revenue$45,235$34,235▼ $11,000
Other Liabilities$7,533$15,708▲ $8,175
Accounts Payable and Accrued Expenses$79,832$2,917▼ $76,915
Total Liabilities$132,600$52,860▼ $79,740
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$361,041$261,579▼ $99,462
Net Assets With Donor Restrictions$12,162$12,162→ $0
Total Net Assets Fund Balance$373,203$273,741▼ $99,462
Total Liabilities and Net Assets / Fund Balance$505,803$326,601▼ $179,202

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$9,637$9,637
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard NussleExecutive DirectorFT$89,600$3,328$92,928

Board Members and Trustees

NameTitle
Rachel ShockleyImmediate Past President
David KoronkiewiczPresident
David BlankVice President
Austin LaytonTrustee
Benjamin RodimelTrustee
Brittany SimpsonTrustee
Kristine TeodoriTrustee
Olivia SmithTrustee
Taylor BachertTrustee
Zachary WatersonTrustee
Joseph KoenigsmarkSecretary/ Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$786
Program Service Revenue
$185,796
Investment Income
$9,948
Other Revenue
$4,890
All Other Contributions
$786
Change in Net Assets
$-116,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$159,329
Other Expenses$158,191
Grants and Similar Amounts Paid$50
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$92,928
Conferences and Meetings---$79,511
Other Salaries and Wages---$53,081
Office Expenses---$20,758
Fees for Services Accounting---$13,847
Payroll Taxes---$11,094
Advertising---$10,964
Fees for Services Lobbying---$7,768
Occupancy---$6,307
Insurance---$4,255
Pension Plan Contributions---$2,226
Other Expenses---$891
Travel---$293
Grants to Domestic Orgs---$50
Total Functional Expenses$0$0$0$317,570
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$6,000
Total Nondeductible Lobbying and Political Cost$6,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Trust Accounts - Due to Mdf$8,620
Retirement Plan Payable$7,088
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

The association provides a copy of the 990 to the board of trustees for review. The return is filed after the board of trustees reviews the return.

Form 990, Part VI, Section B, Line 12C

The association submits a questionnaire to each member annually and is reviewed by the executive director for activity that is prohibited by the conflict of interest policy.

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

The board assigns a committee of existing board members to interview, review performance and assess compensation of the executive director the committee reports back to the board with its recommendation of compensation for vote

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon written request presented to the physical address of the organization

Filing and Contact Details

Filer

Filer Name
Indiana Association of Osteopathic
EIN
35-6021884
Phone
3179263009
Address
3200 COLD SPRING RD EVANS CTR 107, INDIANAPOLIS, IN 46222

Signing Officer

Name
David Koronkiewicz
Title
President
Phone
3179263009
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Koronkiewicz
Formed
1952
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
12

Preparer

Firm
Blue & Co LLC
Address
12800 N MERIDIAN ST STE 400, CARMEL, IN 46032
Preparer
Cory Schunemann CPA
Phone
3178488920
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0253653
IRS990/ReconcilationRevenueExpnssAmt0-116150
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100080
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020109
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt02642
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt066040
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt06000
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt06000
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt03358
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09637
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09637
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18620
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RETIREMENT PLAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TRUST ACCOUNTS - DUE TO MDF
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt015708
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION PROVIDES A COPY OF THE 990 TO THE BOARD OF TRUSTEES FOR REVIEW. THE RETURN IS FILED AFTER THE BOARD OF TRUSTEES REVIEWS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION SUBMITS A QUESTIONNAIRE TO EACH MEMBER ANNUALLY AND IS REVIEWED BY THE EXECUTIVE DIRECTOR FOR ACTIVITY THAT IS PROHIBITED BY THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ASSIGNS A COMMITTEE OF EXISTING BOARD MEMBERS TO INTERVIEW, REVIEW PERFORMANCE AND ASSESS COMPENSATION OF THE EXECUTIVE DIRECTOR THE COMMITTEE REPORTS BACK TO THE BOARD WITH ITS RECOMMENDATION OF COMPENSATION FOR VOTE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST PRESENTED TO THE PHYSICAL ADDRESS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0INDIANA OSTEOPATHIC ASSOCIATION OF PHYSICIANS AND SURGEONS
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0ACOFP INDIANA CHARTER
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt018940
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt02775
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03200 COLD SPRING RD STE 107
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd046222
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IOAPAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MOTYKA DANNIN OSTEOPATHIC EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0351780498
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03200 COLD SPRING RD STE 107
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13200 COLD SPRING RD STE 107
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1INDIANAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd046222
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd146222
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0505803
IRS990/TotalAssetsEOYAmt0326601
IRS990/TotalAssetsGrp/BOYAmt0505803
IRS990/TotalAssetsGrp/EOYAmt0326601
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0786
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt0317570
IRS990/TotalGrossUBIAmt01950
IRS990/TotalLiabilitiesBOYAmt0132600
IRS990/TotalLiabilitiesEOYAmt052860
IRS990/TotalLiabilitiesGrp/BOYAmt0132600
IRS990/TotalLiabilitiesGrp/EOYAmt052860
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0373203
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0273741
IRS990/TotalOtherCompensationAmt03328
IRS990/TotalProgramServiceRevenueAmt0185796
IRS990/TotalReportableCompFromOrgAmt089600
IRS990/TotalRevenueGrp/ExclusionAmt09948
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0188736
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0201420
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01950
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0505803
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0326601
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0293

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