Civic Intelligence

Velocity Indiana Inc

990 • Fiscal year 2018 • EIN 46-2160455

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 05, 2019

Organization Profilewww.1804ec.com
PO Box 546Jeffersonville, IN 47131-0546

(812) 280-8372

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

89th percentile

49%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

70%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$375,179

Up $124,117 (+49%) from 2017

Net Assets

Up

$375,179

Up $124,611 (+50%) from 2017

Liabilities

Down

$0

Down $494 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin75th percentile

Revenue

Up

$688,800

Up $282,558 (+70%) from 2017

Expenses

Up

$564,683

Up $203,424 (+56%) from 2017

Net Income

Up

$124,117

Up $79,134 (+176%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$600K$400K$200K$0-$200KAssets 2013: $186,726Liabilities 2013: $3,196Net Assets 2013: $183,5302013Assets 2014: $562,906Liabilities 2014: $31,127Net Assets 2014: $531,7792014Assets 2015: $376,140Liabilities 2015: $1,514Net Assets 2015: $374,6262015Assets 2016: $205,585Liabilities 2016: $0Net Assets 2016: $205,5852016Assets 2017: $251,062Liabilities 2017: $494Net Assets 2017: $250,5682017Assets 2018: $375,179Liabilities 2018: $0Net Assets 2018: $375,1792018Assets 2019: $0Liabilities 2019: $1,521Net Assets 2019: -$1,5212019Assets 2020: $389,290Liabilities 2020: $233,333Net Assets 2020: $155,9572020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2018

Assets$375,179
Liabilities$0
Net Assets$375,179
Open 2018 Filing

Operations Trend

Revenue Growth90th percentile

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

$1.0M$500K$0-$500KRevenue 2013: $378,224Expenses 2013: $194,694Net Income 2013: $183,5302013Revenue 2014: $798,446Expenses 2014: $450,197Net Income 2014: $348,2492014Revenue 2015: $334,076Expenses 2015: $491,229Net Income 2015: -$157,1532015Revenue 2016: $200,000Expenses 2016: $369,041Net Income 2016: -$169,0412016Revenue 2017: $406,242Expenses 2017: $361,259Net Income 2017: $44,9832017Revenue 2018: $688,800Expenses 2018: $564,683Net Income 2018: $124,1172018Revenue 2019: $159,800Expenses 2019: $536,500Net Income 2019: -$376,7002019Revenue 2020: $529,000Expenses 2020: $371,522Net Income 2020: $157,4782020Revenue 2021: $0Expenses 2021: $92,069Net Income 2021: -$92,0692021

Highlighted filing

2018

Revenue$688,800
Expenses$564,683
Net Income$124,117
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 5, 2019
Return Version
2018v3.1
Gross Receipts
$688,800
Mission and Program Overview

Mission

To inspire and educate entrepreneurs in Southern Indiana while also facilitating collaboration within the regional community on projects and programs that creates and nurtures the entrepreneurial spirit.

To operate as a bi-state entrepreneurial organization that supports entrepreneurial efforts and encourages the establishment of early-stage startups throughout Metro area, including both Louisville, Kentucky and Southern Indiana. It looks for ecosystem development opportunities in which there is a need in the startup community and seeks to plug those holes through its various partnerships or its own direct efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$251,062$375,179▲ $124,117
Rtn Earn Endowment Incm Other Fnds$250,568$375,179▲ $124,611
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$251,062$375,179▲ $124,117
Liabilities
Other Liabilities$494$0▼ $494
Total Liabilities$494$0▼ $494
Net Assets / Fund Balance
Total Net Assets Fund Balance$250,568$375,179▲ $124,611
Total Liabilities and Net Assets / Fund Balance$251,062$375,179▲ $124,117
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Kent LanumBoard Chairman
Bobby FerreriBoard Vice Chair
Jackson AndrewsBoard Secretary/Treasurer
Chris LaMotheDirector
Galen PowersDirector
Madison HammanDirector
Maggie GallowayDirector
Tendai CharasikaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$686,800
Program Service Revenue
$2,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$686,800
Change in Net Assets
$124,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$308,333
Other Expenses$256,350
Total Fundraising Expense$17,720
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$308,333--$308,333
Fees for Services Other$35,440$124,041$17,720$177,201
Occupancy$25,619$3,652-$29,271
Advertising$13,982$5,037-$19,019
Office Expenses$2,614$9,630-$12,244
Fees for Services Legal$5,849$1,198-$7,047
Travel$1,277$5,106-$6,383
Insurance-$3,560-$3,560
Information Technology$315--$315
Other Expenses-$50-$50
Total Functional Expenses$393,429$153,534$17,720$564,683
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Elevate Ventures IncIndianapolis, IN-To support innovation and long-term entrepreneurial activities in Southern Indiana and region.$308,333
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
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 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

“A copy of the return is presented to the board of directors prior to the filing date. The board reviews the return and approves the return once any and all conflicts are resloved.”

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

“The members of the board are required to disclose any known conflicts of interest in board meetings.”

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

“There were no employees for the year.”

Form 990, Part VI, Section C, line 19

“Items are available upon request”

Filing and Contact Details

Filer

Filer Name
1804 Inc
EIN
46-2160455
Phone
8122808372
Address
PO Box 546, Jeffersonville, IN 47131-0546

Signing Officer

Name
Kent Lanum
Title
Board Chair
Phone
8122808372
Signed
2019-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kent Lanum
Formed
2013
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Strothman & Company PSC
Address
325 W Main St Suite 1600, Louisville, KY 40202-4251
Preparer
Raymond G Strothman CPA
Phone
5025851600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Contractors: Program service expenses 35,440. Management and general expenses 124,041. Fundraising expenses 17,720. Total expenses 177,201.”

Form 990, Part XI, line 9:

“Other expense 494.”

Raw XML Appendix366 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To operate as a bi-state entrepreneurial organization that supports entrepreneurial efforts and encourages the establishment of early-stage startups throughout Metro area, including both Louisville, Kentucky and Southern Indiana. It looks for ecosystem development opportunities in which there is a need in the startup community and seeks to plug those holes through its various partnerships or its own direct efforts.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05037
IRS990/AdvertisingGrp/ProgramServicesAmt013982
IRS990/AdvertisingGrp/TotalAmt019019
IRS990/AllOtherContributionsAmt0686800
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Kent Lanum
IRS990/BooksInCareOfDetail/PhoneNum08122808372
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 546
IRS990/BooksInCareOfDetail/USAddress/CityNm0Jeffersonville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0471310546
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0251062
IRS990/CashNonInterestBearingGrp/EOYAmt0375179
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0686800
IRS990/CYGrantsAndSimilarPaidAmt0308333
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0256350
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02000
IRS990/CYRevenuesLessExpensesAmt0124117
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0564683
IRS990/CYTotalFundraisingExpenseAmt017720
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0688800
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc01804, Inc., is organization that continues to seek strategic partnerships with like-minded organizations within both Kentucky and Indiana that positively impacts the development of our local entrepreneurs and their businesses. This includes an intentional positioning of 1804 within the local ecosystem to help identify both new companies/founders at their earliest stages of development and aiding those in their latter growth stages. Provides traditional and unique educational programming and networking opportunities with other startups or interested corporate entities. The goal of its efforts is that these new companies understand the important principles of entrepreneurship on how to generate consistent, sustainable revenue levels for the owner, its operations and early investors, thereby creating high-value jobs in the region, as defined by the Metro Louisville, Kentucky MSA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0393429
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01198
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt05849
IRS990/FeesForServicesLegalGrp/TotalAmt07047
IRS990/FeesForServicesOtherGrp/FundraisingAmt017720
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0124041
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt035440
IRS990/FeesForServicesOtherGrp/TotalAmt0177201
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0Kent Lanum
IRS990/Form990PartVIISectionAGrp/PersonNm1Bobby Ferreri
IRS990/Form990PartVIISectionAGrp/PersonNm2Jackson Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm3Madison Hamman
IRS990/Form990PartVIISectionAGrp/PersonNm4Galen Powers
IRS990/Form990PartVIISectionAGrp/PersonNm5Chris LaMothe
IRS990/Form990PartVIISectionAGrp/PersonNm6Tendai Charasika
IRS990/Form990PartVIISectionAGrp/PersonNm7Maggie Galloway
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0308333
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0308333
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0308333
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0688800
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0315
IRS990/InformationTechnologyGrp/TotalAmt0315
IRS990/InsuranceGrp/ManagementAndGeneralAmt03560
IRS990/InsuranceGrp/TotalAmt03560
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To operate as a bi-state entrepreneurial organization that supports entrepreneurial efforts and encourages the establishment of early-stage startups throughout Metro area, including both Louisville, Kentucky and Southern Indiana. It looks for ecosystem development opportunities in which there is a need in the startup community and seeks to plug those holes through its various partnerships or its own direct efforts.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0250568
IRS990/NetAssetsOrFundBalancesEOYAmt0375179
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03652
IRS990/OccupancyGrp/ProgramServicesAmt025619
IRS990/OccupancyGrp/TotalAmt029271
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09630
IRS990/OfficeExpensesGrp/ProgramServicesAmt02614
IRS990/OfficeExpensesGrp/TotalAmt012244
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0494
IRS990/OtherExpensesGrp/Desc0Telephone
IRS990/OtherExpensesGrp/Desc1Other expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01260
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150
IRS990/OtherExpensesGrp/TotalAmt01260
IRS990/OtherExpensesGrp/TotalAmt150
IRS990/OtherLiabilitiesGrp/BOYAmt0494
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Kent Lanum
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Sponsorships
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0400000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0258333
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0102926
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06242
IRS990/PYRevenuesLessExpensesAmt044983
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0361259
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0406242
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0124117
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0250568
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0375179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0688800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0400000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0250295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0740500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02279595
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0143677
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02279595
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0688800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0400000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0250295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0740500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02279595
IRS990ScheduleA/TotalSupportAmt02279595
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0308333
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To support innovation and long-term entrepreneurial activities in Southern Indiana and region.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Elevate Ventures Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0274118692
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt050 E 91st Street Suite 213
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Indianapolis
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046240
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the return is presented to the board of directors prior to the filing date. The board reviews the return and approves the return once any and all conflicts are resloved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members of the board are required to disclose any known conflicts of interest in board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There were no employees for the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Items are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors: Program service expenses 35,440. Management and general expenses 124,041. Fundraising expenses 17,720. Total expenses 177,201.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other expense 494.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0251062
IRS990/TotalAssetsEOYAmt0375179
IRS990/TotalAssetsGrp/BOYAmt0251062
IRS990/TotalAssetsGrp/EOYAmt0375179
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0686800
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017720
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0153534
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0393429
IRS990/TotalFunctionalExpensesGrp/TotalAmt0564683
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0494
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0494
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0250568
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0375179
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0393429
IRS990/TotalProgramServiceRevenueAmt02000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0688800
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0251062
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0375179
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05106
IRS990/TravelGrp/ProgramServicesAmt01277
IRS990/TravelGrp/TotalAmt06383
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 546
IRS990/USAddress/CityNm0Jeffersonville
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd0471310546
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.1804ec.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kent Lanum
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum08122808372
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt01804 Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0f/k/a Velocity Indiana Inc
ReturnHeader/Filer/BusinessNameControlTxt01804
ReturnHeader/Filer/EIN0462160455
ReturnHeader/Filer/PhoneNum08122808372
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 546
ReturnHeader/Filer/USAddress/CityNm0Jeffersonville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd0471310546
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06E64DB3372734CCEE5DD462D32BE5FCCC240118C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.64.8.50
ReturnHeader/FilingSecurityInformation/IPDt02019-09-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:59:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611191655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Strothman & Company PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 W Main St Suite 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402024251
ReturnHeader/PreparerPersonGrp/PhoneNum05025851600
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Raymond G Strothman CPA
ReturnHeader/ReturnTs02019-09-12T15:42:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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
$375,179
Liabilities
$0
Net assets
$375,179
Revenue
$688,800
Expenses
$564,683
Net income
$124,117
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.92$0.92
2020Detailed filing. Detailed filing data is available for this year.$3.89$2.33$1.56$5.29$3.72$1.57
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$1.60$5.37$3.77
2018Detailed filing. Detailed filing data is available for this year.$3.75$0.00$3.75$6.89$5.65$1.24
2017Summary only. Only limited summary data is available for this year.$2.51$0.00$2.51$4.06$3.61$0.45
2016Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$2.00$3.69$1.69
2015Detailed filing. Detailed filing data is available for this year.$3.76$0.02$3.75$3.34$4.91$1.57
2014Detailed filing. Detailed filing data is available for this year.$5.63$0.31$5.32$7.98$4.50$3.48
2013Summary only. Only limited summary data is available for this year.$1.87$0.03$1.84$3.78$1.95$1.84